SLM (SLM) Expected to Announce Earnings on Thursday

SLM (NASDAQ:SLM) will likely be announcing its Q2 2026 results after the market closes on Thursday, July 23rd. Analysts expect the company to post earnings of $0.47 per share and revenue of $409.2190 million for the quarter. SLM has set its FY 2026 guidance at 3.100-3.200 EPS. Investors may review the information on the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, July 23, 2026 at 5:30 PM ET.

SLM (NASDAQ:SLM) last posted its quarterly earnings data on Thursday, April 23rd. The credit services provider reported $1.54 earnings per share for the quarter, topping the consensus estimate of $1.14 by $0.40. SLM had a return on equity of 34.80% and a net margin of 26.42%.The company had revenue of $559.99 million during the quarter, compared to analysts’ expectations of $486.05 million. During the same period in the prior year, the firm earned $1.40 earnings per share. SLM’s revenue for the quarter was down 3.6% compared to the same quarter last year. On average, analysts expect SLM to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

SLM Stock Down 0.0%

Shares of SLM stock opened at $25.33 on Tuesday. The business’s 50 day simple moving average is $23.32 and its 200 day simple moving average is $23.36. SLM has a 52-week low of $17.77 and a 52-week high of $33.50. The firm has a market cap of $4.78 billion, a PE ratio of 7.02, a P/E/G ratio of 2.34 and a beta of 0.94. The company has a debt-to-equity ratio of 2.59, a quick ratio of 1.29 and a current ratio of 1.30.

SLM Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Thursday, June 4th were paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Thursday, June 4th. SLM’s dividend payout ratio (DPR) is currently 14.40%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on SLM shares. JPMorgan Chase & Co. lifted their price objective on shares of SLM from $24.00 to $25.00 and gave the company an “underweight” rating in a report on Monday, July 13th. Zacks Research downgraded shares of SLM from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 26th. Royal Bank Of Canada raised their target price on shares of SLM from $28.00 to $29.00 and gave the company an “outperform” rating in a research report on Friday, July 10th. Wells Fargo & Company lowered their price target on shares of SLM from $32.00 to $29.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th. Finally, Barclays reissued an “equal weight” rating and set a $26.00 price target (down from $30.00) on shares of SLM in a research report on Tuesday, July 7th. Five analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $29.90.

Hedge Funds Weigh In On SLM

A number of institutional investors have recently added to or reduced their stakes in the company. Captrust Financial Advisors grew its position in shares of SLM by 31.3% in the 4th quarter. Captrust Financial Advisors now owns 53,673 shares of the credit services provider’s stock valued at $1,452,000 after acquiring an additional 12,793 shares during the period. Triumph Capital Management bought a new stake in shares of SLM in the 3rd quarter valued at about $69,000. Entropy Technologies LP lifted its stake in SLM by 616.6% in the 3rd quarter. Entropy Technologies LP now owns 109,485 shares of the credit services provider’s stock valued at $3,031,000 after purchasing an additional 94,207 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in SLM by 118.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,995 shares of the credit services provider’s stock valued at $131,000 after purchasing an additional 2,164 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in SLM by 33.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 547,724 shares of the credit services provider’s stock valued at $16,087,000 after purchasing an additional 137,285 shares during the last quarter. 98.94% of the stock is currently owned by institutional investors and hedge funds.

About SLM

SLM Corporation, operating as Sallie Mae Bank, is a leading U.S.-based consumer banking company specializing in education financing and related banking products. The company provides a range of private student loans for undergraduate and graduate studies, Parent PLUS loans, and specialized financing for career and certificate programs. In addition to its core lending services, Sallie Mae offers deposit products including savings accounts, checking accounts, money market accounts, certificates of deposit, and credit cards tailored to students and young adults.

Founded in 1972 as the Student Loan Marketing Association—a government-sponsored enterprise—Sallie Mae was privatized in 2004 and has since focused on expanding its private education loan offerings and digital banking solutions.