sallie mae (nasdaq: slm) is the nation’s saving, planning, and paying for college company. whether college is a long way off or just around the corner, sallie mae offers products that promote responsible personal finance including private education loans, upromise rewards, scholarship search, college financial planning tools and online retail banking. learn more at salliemae.com. commonly known as sallie mae, slm corporation and its subsidiaries are not sponsored by or agencies of the united states of america.
Company profile
Ticker
SLM, SLMBP, SLMAF
Exchange
Website
CEO
Jonathan Witter
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
SLM HOLDING CORP, USA EDUCATION INC
SEC CIK
Corporate docs
IRS number
522013874
SLM stock data
Latest filings (excl ownership)
10-Q
2024 Q1
Quarterly report
24 Apr 24
8-K
Sallie Mae Reports First-Quarter 2024 Financial Results
24 Apr 24
8-K
Departure of Directors or Certain Officers
15 Apr 24
8-K
Departure of Directors or Certain Officers
28 Mar 24
8-K
Departure of Directors or Certain Officers
14 Mar 24
10-K
2023 FY
Annual report
22 Feb 24
8-K
Departure of Directors or Certain Officers
16 Feb 24
8-K
Regulation FD Disclosure
9 Feb 24
8-K
Regulation FD Disclosure
9 Feb 24
8-K
Sallie Mae Reports Fourth-quarter and Full-year 2023 Financial Results
24 Jan 24
Transcripts
SLM
Earnings call transcript
2024 Q1
24 Apr 24
SLM
Earnings call transcript
2023 Q4
24 Jan 24
SLM
Earnings call transcript
2023 Q3
26 Oct 23
SLM
Earnings call transcript
2023 Q2
27 Jul 23
SLM
Earnings call transcript
2023 Q1
27 Apr 23
SLM
Earnings call transcript
2022 Q4
2 Feb 23
SLM
Earnings call transcript
2022 Q3
27 Oct 22
SLM
Earnings call transcript
2022 Q2
28 Jul 22
SLM
Earnings call transcript
2022 Q1
28 Apr 22
SLM
Earnings call transcript
2021 Q4
27 Jan 22
Latest ownership filings
4
Ted Manvitz
22 Mar 24
4
Mark L Lavelle
22 Mar 24
4
Richard Scott Blackley
22 Mar 24
4
Jonathan Boyles
4 Mar 24
144
Notice of proposed sale of securities
29 Feb 24
4
Jonathan Boyles
29 Feb 24
144
Notice of proposed sale of securities
28 Feb 24
4/A
Nicolas Jafarieh
21 Feb 24
4
Jonathan W. Witter
20 Feb 24
4
Peter M Graham
20 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 3.72 bn | 3.72 bn | 3.72 bn | 3.72 bn | 3.72 bn | 3.72 bn |
Cash burn (monthly) | 101.02 mm | 108.45 mm | (no burn) | (no burn) | 19.78 mm | 9.86 mm |
Cash used (since last report) | 692.30 mm | 743.22 mm | n/a | n/a | 135.58 mm | 67.60 mm |
Cash remaining | 3.03 bn | 2.98 bn | n/a | n/a | 3.59 bn | 3.66 bn |
Runway (months of cash) | 30.0 | 27.5 | n/a | n/a | 181.4 | 370.6 |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 290 |
Opened positions | 40 |
Closed positions | 37 |
Increased positions | 85 |
Reduced positions | 120 |
13F shares | Current |
---|---|
Total value | 2.87 tn |
Total shares | 225.96 mm |
Total puts | 102.50 k |
Total calls | 117.60 k |
Total put/call ratio | 0.9 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 31.99 mm | $435.64 bn |
BLK Blackrock | 20.09 mm | $273.63 bn |
Impactive Capital | 19.70 mm | $268.28 bn |
VA Partners I | 14.50 mm | $0.00 |
Massachusetts Financial Services | 13.57 mm | $184.86 bn |
Ubs Global Asset Management Americas | 12.27 mm | $167.18 bn |
Boston Partners | 9.82 mm | $133.12 bn |
Hotchkis & Wiley Capital Management | 6.93 mm | $94.32 bn |
STT State Street | 6.84 mm | $93.15 bn |
Dimensional Fund Advisors | 6.30 mm | $85.84 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
20 Mar 24 | Blackley Richard Scott | Common Stock | Grant | Acquire A | No | No | 0 | 1,125 | 0.00 | 11,815.838 |
20 Mar 24 | Ted Manvitz | Common Stock | Grant | Acquire A | No | No | 0 | 1,154 | 0.00 | 35,709.843 |
20 Mar 24 | Lavelle Mark L | Common Stock | Grant | Acquire A | No | No | 0 | 1,243 | 0.00 | 60,625.843 |
29 Feb 24 | Jonathan Boyles | Common Stock | Sell | Dispose S | No | No | 20.7171 | 94,078 | 1.95 mm | 52,751.31 |
27 Feb 24 | Jonathan Boyles | Common Stock | Payment of exercise | Dispose F | No | No | 20.02 | 566 | 11.33 k | 146,829.31 |
News
SLM Q1 Adj $1.27 Beats $1.07 Estimate, Sales $387.00M Miss $387.89M Estimate
24 Apr 24
Wells Fargo Maintains Overweight on SLM, Raises Price Target to $24
18 Apr 24
Biden Wipes More Than $7M In Student Debt For 277K Borrowers: 'Too Many People Feel The Strain And Stress'
12 Apr 24
30 Million Could Benefit From Biden's New Student Debt Relief Plan — But 5 Public Companies Might Suffer
9 Apr 24
As Biden Readies Another Large-Scale Student Loan Forgiveness Plan, Here Are Stocks To Watch
5 Apr 24
Press releases
Sallie Mae Reports First-Quarter 2024 Financial Results
24 Apr 24
Sallie Mae to Release First-Quarter 2024 Financial Results on April 24
10 Apr 24
Latest Research Report From Sallie Mae and Ipsos Identifies Barriers to College Completion
3 Apr 24
Application Window Now Open for The Sallie Mae Fund's Bridging the Dream Scholarship Program
25 Mar 24
Scholly Returning to ABC's 'Shark Tank' for Company Update on March 15
14 Mar 24