Recent Analysts’ Ratings Changes for SLM (SLM)

Several brokerages have updated their recommendations and price targets on shares of SLM (NASDAQ: SLM) in the last few weeks:

• 10/23/2026 – SLM was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.
• 10/23/2026 – SLM had its price target lowered by Wells Fargo & Company from $28.00 to $24.00. They now have an “overweight” rating on the stock.
• 10/23/2026 – SLM had its price target lowered by Barclays from $26.00 to $22.00. They now have an “equal weight” rating on the stock.
• 10/23/2026 – SLM had its price target lowered by Morgan Stanley from $30.00 to $26.00. They now have an “overweight” rating on the stock.
• 10/23/2026 – SLM had its price target lowered by Royal Bank Of Canada from $28.00 to $26.00. They now have an “outperform” rating on the stock.
• 10/23/2026 – SLM had its price target lowered by TD Cowen from $32.00 to $27.00. They now have a “buy” rating on the stock.
• 10/12/2026 – SLM had its price target lowered by JPMorgan Chase & Co. from $25.00 to $22.00. They now have an “underweight” rating on the stock.
• 10/9/2026 – SLM had its price target lowered by Royal Bank Of Canada from $29.00 to $28.00. They now have an “outperform” rating on the stock.
• 9/14/2026 – SLM had its “hold (c+)” rating reaffirmed by Weiss Ratings.

SLM Stock Down 3.3%

Shares of NASDAQ:SLM traded down $0.58 during trading on Friday, reaching $16.94. 4,585,296 shares of the company traded hands, compared to its average volume of 3,174,944. The firm has a fifty day simple moving average of $22.95 and a 200 day simple moving average of $23.41. The firm has a market cap of $3.10 billion, a P/E ratio of 6.14 and a beta of 1.01. SLM Corporation has a 1-year low of $16.64 and a 1-year high of $31.06. The company has a quick ratio of 1.16, a current ratio of 1.23 and a debt-to-equity ratio of 2.76.

SLM (NASDAQ:SLM) last posted its quarterly earnings results on Thursday, October 22nd. The credit services provider reported ($0.19) earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.36). SLM had a return on equity of 26.34% and a net margin of 20.43%. The company had revenue of $375.47 million during the quarter, compared to analyst estimates of $453.34 million. During the same period last year, the company posted $0.63 earnings per share. The company’s revenue was down 31.3% compared to the same quarter last year. Analysts anticipate that SLM Corporation will post 2.02 earnings per share for the current fiscal year.

SLM Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Friday, December 4th will be given a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Friday, December 4th. SLM’s dividend payout ratio is presently 18.84%.

SLM Corp., commonly known as Sallie Mae, is a financial services company focused on helping students and families finance higher education. Its primary business is the origination and servicing of private education loans, which can help cover tuition, fees, books, housing and other eligible education-related expenses not fully covered by federal student aid.

The company offers private student loans for undergraduate and graduate education, as well as loans for career-training programs and other education needs.