slm corp
(SLM:Consolidated Issue Listed on NASDAQ Global Select )
slm corp (SLM) Snapshot
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Open
$22.92
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Previous Close
$23.01
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Day High
$23.25
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Day Low
$22.92
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52 Week High
05/29/13 - $26.17
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52 Week Low
06/26/12 - $14.57
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Market Cap
10.3B
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Average Volume 10 Days
4.8M
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EPS TTM
$2.51
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Shares Outstanding
444.2M
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EX-Date
06/5/13
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P/E TM
9.2x
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Dividend
$0.60
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Dividend Yield
2.38%
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Related News
slm corp (SLM) Related Businessweek News
slm corp (SLM) Details
Sallie Mae, Inc., through its subsidiaries, originates, acquires, finances, and services private education loans in the United States. The company operates through three segments: Consumer Lending, Business Services, and FFELP Loans. It also provides servicing, loan default aversion, and defaulted loan collection services for loans owned by the Department of Education (ED), Guarantors of FFELP Loans, and other institutions. In addition, the company offers processing capabilities to educational institutions, 529 college-savings plan program management services, and a consumer savings network. Further, it provides campus solutions, such as electronic billing, collection, payment and refund, and tuition payment plan administration services. The company promotes its products through the financial aid offices on campuses, as well as through direct marketing to students and their families. It was formerly known as SLM Corporation. The company was founded in 1972 and is headquartered in Newark, Delaware.
slm corp (SLM) Top Compensated Officers
slm corp (SLM) Key Developments
Sallie Mae, Inc. announced the appointment of Steven McGarry as senior vice president of corporate finance, effective immediately. In this role, Mr. McGarry will assume responsibility for all of the company's funding activities as well as the management of the corporation's rating agency relationships and equity and fixed income investor relations.
Sallie Mae, Inc. announced that it has closed a new $6.8 billion credit facility to facilitate term securitization of its federally guaranteed (FFELP) loans. The facility was oversubscribed by a syndicate of eight global financial institutions. The facility is secured exclusively by FFELP loans and will amortize over a one-year period. Its size exceeds the balance remaining in the company's Straight A federally sponsored financing program, and as a result, the company will end participation in the program before the January 2014 deadline.
SLM Corporation announced that its board of directors approved a third-quarter dividend on its Preferred Stock Series A of $0.87125 per share. The dividend will be paid on July 30, 2013, to shareholders of record at the close of business on July 19, 2013.
| Recently Viewed | |||
| SLM:US | $23.13 USD | +0.12 |  |
| Company | Last | Change |
| Alliance Data Systems Corp | $179.84 USD | +1.02 |
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Industry Analysis
SLM
Industry Average
| Valuation | SLM | Industry Range |
| Price/Earnings | 9.4x |
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| Price/Sales | 3.6x |
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| Price/Book | 2.2x |
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| Price/Cash Flow | 8.6x |
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| TEV/Sales | NM | Not Meaningful |
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To contact SLM CORP, please visit www.salliemae.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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