SLM Corporation (SLM) Receiving Somewhat Favorable Media Coverage, Report Finds

Media stories about SLM Corporation (NASDAQ:SLM) have trended somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. SLM Corporation earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave news coverage about the credit services provider an impact score of 45.8835617713144 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the news articles that may have effected Accern Sentiment’s scoring:

SLM Corporation (NASDAQ SLM) traded up $0.30 during trading hours on Monday, hitting $10.63. The company had a trading volume of 2,285,800 shares, compared to its average volume of 3,122,395. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.33 and a current ratio of 1.33. The company has a market capitalization of $4,461.42, a P/E ratio of 14.97 and a beta of 1.32. SLM Corporation has a fifty-two week low of $9.43 and a fifty-two week high of $13.20.

SLM Corporation (NASDAQ:SLM) last posted its quarterly earnings results on Wednesday, October 18th. The credit services provider reported $0.17 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.17. The firm had revenue of $282.06 million during the quarter, compared to the consensus estimate of $282.02 million. SLM Corporation had a return on equity of 16.63% and a net margin of 22.95%. The business’s revenue was up 26.3% compared to the same quarter last year. During the same period last year, the company earned $0.12 earnings per share. research analysts anticipate that SLM Corporation will post 0.72 EPS for the current year.

A number of equities research analysts have recently commented on the company. BidaskClub raised SLM Corporation from a “strong sell” rating to a “sell” rating in a research report on Thursday, September 28th. FBR & Co set a $13.00 price objective on SLM Corporation and gave the stock a “buy” rating in a report on Thursday, October 19th. Wedbush reiterated an “outperform” rating and set a $14.50 price objective on shares of SLM Corporation in a report on Thursday, September 14th. Zacks Investment Research upgraded SLM Corporation from a “sell” rating to a “hold” rating in a report on Thursday, September 21st. Finally, Citigroup Inc. assumed coverage on SLM Corporation in a report on Monday, October 16th. They set a “buy” rating and a $16.00 price objective for the company. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $13.44.

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SLM Corporation Company Profile

SLM Corporation (Sallie Mae) is the nation’s saving, planning, and paying for college company. Sallie Mae offers products, which promote personal finance including private education loans, Upromise rewards, scholarship search, college financial planning tools, insurance, and online retail banking.

Insider Buying and Selling by Quarter for SLM Corporation (NASDAQ:SLM)

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