SLM (SLM) Expected to Post Earnings on Thursday

SLM (NASDAQ:SLM) is projected to post its Q3 2026 results after the market closes on Thursday, October 22nd. Analysts expect SLM to announce earnings of $0.1705 per share and revenue of $453.34 million for the quarter. SLM has set its FY 2026 guidance at 3.100-3.200 EPS. Parties can find conference call details on the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, October 22, 2026 at 5:30 PM ET.

SLM (NASDAQ:SLM) last posted its quarterly earnings results on Thursday, July 23rd. The credit services provider reported $0.29 earnings per share for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.17). The company had revenue of $401.11 million during the quarter, compared to the consensus estimate of $409.22 million. SLM had a net margin of 26.09% and a return on equity of 33.81%. The firm’s revenue for the quarter was down .7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.32 earnings per share. On average, analysts expect SLM to post $3.12 EPS for the current fiscal year and $3.41 EPS for the next fiscal year.

SLM Stock Up 3.2%

NASDAQ:SLM opened at $22.26 on Wednesday. The firm has a market capitalization of $4.18 billion, a price-to-earnings ratio of 6.22, a price-to-earnings-growth ratio of 1.47 and a beta of 0.96. SLM has a twelve month low of $17.77 and a twelve month high of $31.06. The stock’s 50 day moving average price is $24.85 and its two-hundred day moving average price is $24.02. The company has a quick ratio of 1.32, a current ratio of 1.33 and a debt-to-equity ratio of 2.63.

Wall Street Analyst Weigh In

Several research firms have recently commented on SLM. JPMorgan Chase & Co. cut their price objective on SLM from $25.00 to $22.00 and set an “underweight” rating for the company in a report on Monday, October 12th. Wells Fargo & Company set a $28.00 target price on shares of SLM in a research note on Friday, July 24th. Wall Street Zen downgraded shares of SLM from a “hold” rating to a “sell” rating in a report on Saturday, July 25th. Morgan Stanley upped their price target on shares of SLM from $27.00 to $28.00 and gave the stock an “equal weight” rating in a research report on Monday, July 20th. Finally, Royal Bank Of Canada dropped their price target on shares of SLM from $29.00 to $28.00 and set an “outperform” rating on the stock in a research report on Friday, October 9th. Four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $29.22.

SLM Company Profile

SLM Corp., commonly known as Sallie Mae, is a financial services company focused on helping students and families finance higher education. Its primary business is the origination and servicing of private education loans, which can help cover tuition, fees, books, housing and other eligible education-related expenses not fully covered by federal student aid.

The company offers private student loans for undergraduate and graduate education, as well as loans for career-training programs and other education needs.