SLM Corporation (NASDAQ:SLM) registered a 0.17% increase, still its new closing price is 122.10% up from the company’s 1 year high of 12.16.It posted 0.25% gains in previous 5 sessions and is now the subject of 1 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 6 buy or better ratings. The 11 stock analysts following this company have an average price target at $12.95, with individual PT in the $10.00-$14.00 range. The shares moved at $11.86, implying that brokerage firms see shares gaining about 102.74% in twelve months time.
SLM Corporation (SLM) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 7.62% rise year to date. A EVP, GC and Secretary at SLM Corporation (SLM) offloaded shares in a transaction closed on Wednesday November 16, 2016. Lutz Laurent Charles sold 21,097 shares in the company at $9.4 each and collected $198,000 in proceeds. Lutz Laurent Charles now owns 931,984 shares in the company after this transaction. A Director in the company, GOODE EARL A, disclosed a transaction on Thursday November 03, 2016 that ended up paying $70,000 from the purchase of 10,000 shares at $7.03 per share.
SLM Corporation (NASDAQ:SLM) Upcoming Results on Tap
SLM Corporation will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.15 in that period. Sales during the quarter are predicted to arrive at $259.34 million.
Earnings surprise history: Last quarter, the company posted approximately $245.43 million in revenue and EPS of $0.15. The mean forecast was for $238.25 million and $0.14 a share, respectively. One quarter earlier, revenue for the stock was at $223.27 million, with earnings at $0.12/share.
SLM Corporation (SLM) Brokerage Update
SLM Corporation (SLM) is in Goldman’s research list so their analyst rating change is noteworthy. These shares were upgraded to Buy from Neutral by Goldman, according to news reported on Wednesday January 13, 2016.Another important research note was issued by Ladenburg Thalmann on Friday January 22, 2010.The firm downgraded SLM to Neutral from Buy. Over the last six months and over the last three months, the shares of SLM Corporation (SLM), have changed 66.11% and 67.51%, respectively.
