Shares of Finance sector company SLM moved 2.6% today, and are now trading at a price of $15.95. The mid-cap stock's daily volume was 1,279,595 compared to its average volume of 2,872,919. The S&P 500 index returned a 1.0% performance.
SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. The company is based in Newark and has 1,700 full time employees. Its market capitalization is $3,864,733,184. SLM currently offers its equity investors a dividend that yields 2.8% per year.
12 analysts are following SLM and have set target prices ranging from $15.0 to $20.0 per share. On average, they have given the company a rating of buy. At today's prices, SLM is trading -12.25% away from its average analyst target price of $18.17 per share.
Over the last year, SLM shares have gone down by -20.3%, which represents a difference of -20.0% when compared to the S&P 500. The stock's 52 week high is $20.17 per share and its 52 week low is $10.81. SLM has averaged free cash flows of $-60710000.0 over the last 4 years, but they have been increasing at a rate of 7.2%. Although the overall picture is improving, more cautious investors will probably continue to avoid this stock until the business becomes firmly cash positive.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cashflow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-12-31 | 4,992 | n/a | 4,992 | 110.08 |
| 2021-12-31 | -49,522 | n/a | -49,522 | 72.89 |
| 2020-12-31 | -182,669 | n/a | -182,669 | -1067.89 |
| 2019-12-31 | -15,641 | n/a | -15,641 | n/a |
