StreetInsider.com News Articles

Sallie Mae falls on earnings miss and guidance cut

Fri, 23 Oct 2026 10:03:07 -0400

Sallie Mae stock dropped 9.2% in morning trading on Friday, reaching a session low of $19.52, after the private student lender reported third-quarter 2026 results that fell short of Wall Street estimates and cut its full-year outlook.

The company posted an adjusted loss of $0.19 per share for the quarter, compared with analyst expectations of a $0.17 profit. Revenue came in at approximately $375 million, below the consensus estimate of roughly $457 million.

Sallie Mae reduced its full-year 2026 earnings per share guidance to a range of $1.95 to $2.05. The midpoint of the new range represents approximately a 36% decline from

SLM Corp. (SLM) PT Lowered to $27 at TD Cowen

Fri, 23 Oct 2026 08:56:55 -0400

TD Cowen analyst Moshe Orenbuch lowered the price target on SLM Corp. (NASDAQ: SLM) to $27.00 (from $32.00) while maintaining a Buy rating.

SLM Corp. (SLM) PT Lowered to $23 at Keefe, Bruyette & Woods

Fri, 23 Oct 2026 08:11:28 -0400

Keefe, Bruyette & Woods analyst Sanjay Sakhrani lowered the price target on SLM Corp. (NASDAQ: SLM) to $23.00 (from $27.00) while maintaining a Market Perform rating.

SLM Corp. (SLM) PT Lowered to $24 at Wells Fargo

Fri, 23 Oct 2026 07:04:19 -0400

Wells Fargo analyst Donald Fandetti lowered the price target on SLM Corp. (NASDAQ: SLM) to $24.00 (from $28.00) while maintaining a Overweight rating.

SLM Corp. (SLM) PT Lowered to $26 at Morgan Stanley

Fri, 23 Oct 2026 06:01:00 -0400

Morgan Stanley analyst Jeffrey Adelson lowered the price target on SLM Corp. (NASDAQ: SLM) to $26.00 (from $30.00) while maintaining a Overweight rating.

The analyst comments "Higher rates pressure NT results: SLM scrapped planned 4Q loan sale & GoS softened. The reset is disappointing and likely weighs on shares tomorrow, but new $1.5B+/yr partnership, robust originations, & sharply slower ‘27 expenses support our LT thesis. PT down to $26 as we lower 27e EPS to $2.95."

SLM Corp. (SLM) PT Lowered to $26 at Morgan Stanley

Fri, 23 Oct 2026 06:01:00 -0400

Morgan Stanley analyst Jeffrey Adelson lowered the price target on SLM Corp. (NASDAQ: SLM) to $26.00 (from $30.00) while maintaining a Overweight rating.

SLM Corp. (SLM) PT Lowered to $22 at Barclays

Fri, 23 Oct 2026 04:25:57 -0400

Barclays analyst Terry Ma lowered the price target on SLM Corp. (NASDAQ: SLM) to $22.00 (from $26.00) while maintaining a Equalweight rating.

SLM (SLM) Misses Q3 EPS by 36c; lowers guidance

Thu, 22 Oct 2026 16:34:17 -0400

SLM (NASDAQ: SLM) reported Q3 EPS of ($0.19), $0.36 worse than the analyst estimate of $0.17. Revenue for the quarter came in at $375 million versus the consensus estimate of $457.32 million.

GUIDANCE:

SLM sees FY2026 EPS of $1.95-$2.05, versus the consensus of $3.11.

For earnings history and earnings-related data on SLM (SLM) click here.

SLM (SLM) Misses Q3 EPS by 36c; lowers guidance

Thu, 22 Oct 2026 16:34:17 -0400

SLM (NASDAQ: SLM) reported Q3 EPS of ($0.19), $0.36 worse than the analyst estimate of $0.17. Revenue for the quarter came in at $375 million versus the consensus estimate of $457.32 million.

GUIDANCE:

SLM sees FY2026 EPS of $1.95-$2.05, versus the consensus of $3.11.

For earnings history and earnings-related data on SLM (SLM) click here.

Form 10-Q SLM Corp For: Sep 30

Thu, 22 Oct 2026 16:34:00 -0400

si-local-file:///var/storage/secattach/20261022/27223168.html

Form 8-K SLM Corp For: Oct 22

Thu, 22 Oct 2026 16:33:00 -0400

si-local-file:///var/storage/secattach/20261022/27223145.html

Sallie Mae Reports Third Quarter 2026 Financial Results

Thu, 22 Oct 2026 16:30:00 -0400

NEWARK, Del.--(BUSINESS WIRE)-- Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released third quarter 2026 financial results. Complete financial results and related materials are available at www.SallieMae.com/investors. The materials will also be available on the Securities and Exchange Commission’s website at www.sec.gov.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261022256833/en/

Sallie Mae will host an earnings conference call today, Oct. 22, 2026, at 5:30 p.m. ET. Executives will be on hand to discuss various highlights of the quarter and to answer questions related to

Sallie Mae Reports Third Quarter 2026 Financial Results

Thu, 22 Oct 2026 16:30:00 -0400

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261022256833/en/

Sallie Mae will host an earnings conference call today, Oct. 22, 2026, at 5:30 p.m. ET. Executives will be on hand to discuss various highlights of the quarter and to answer questions related to

Sallie Mae Declares Dividends on Preferred Stock Series B and Common Stock

Tue, 20 Oct 2026 16:30:00 -0400

NEWARK, Del.--(BUSINESS WIRE)-- Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced a 2026 fourth-quarter dividend on its Preferred Stock Series B of $1.4939647 per share. The company also announced a 2026 fourth-quarter dividend on its common stock of $0.13 per share.

Both preferred stock and common stock dividends will be paid on Dec. 15, 2026, to the respective stockholders of record at the close of business on Dec. 4, 2026.

Sallie Mae (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing

Sallie Mae Declares Dividends on Preferred Stock Series B and Common Stock

Tue, 20 Oct 2026 16:30:00 -0400

Both preferred stock and common stock dividends will be paid on Dec. 15, 2026, to the respective stockholders of record at the close of business on Dec. 4, 2026.

Sallie Mae (Nasdaq: SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing

Sallie Mae to Release Third-Quarter Financial Results

Tue, 13 Oct 2026 16:30:00 -0400

Webcast Scheduled for Thursday, Oct. 22, at 5:30 p.m. ET

NEWARK, Del.--(BUSINESS WIRE)-- Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, will release third-quarter 2026 financial results after market close on Thursday, Oct. 22, 2026.

A live audio webcast and presentation slides will be available at SallieMae.com/investors and the hosting website. Investors should log in at least 15 minutes prior to the broadcast.

The earnings news release will be available at SallieMae.com/investors. A replay will also be available on the site.

Sallie Mae (Nasdaq: SLM) believes education and life-long

Sallie Mae to Release Third-Quarter Financial Results

Tue, 13 Oct 2026 16:30:00 -0400

Webcast Scheduled for Thursday, Oct. 22, at 5:30 p.m. ET

NEWARK, Del.--(BUSINESS WIRE)-- Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, will release third-quarter 2026 financial results after market close on Thursday, Oct. 22, 2026.

A live audio webcast and presentation slides will be available at SallieMae.com/investors and the hosting website. Investors should log in at least 15 minutes prior to the broadcast.

The earnings news release will be available at SallieMae.com/investors. A replay will also be available on the site.

Sallie Mae (Nasdaq: SLM) believes education and life-long

Morgan Stanley Upgrades SLM Corp. (SLM) to Overweight

Mon, 12 Oct 2026 06:09:29 -0400

Morgan Stanley analyst Jeffrey Adelson upgraded SLM Corp. (NASDAQ: SLM) from Equalweight to Overweight with a price target of $30.00.

For an analyst ratings summary and ratings history on SLM Corp. click here. For more ratings news on SLM Corp. click here.

Shares of SLM Corp. closed at $22.52 yesterday.

SLM Corp. (SLM) PT Lowered to $22 at JPMorgan

Mon, 12 Oct 2026 03:06:39 -0400

JPMorgan analyst Richard Shane lowered the price target on SLM Corp. (NASDAQ: SLM) to $22.00 (from $25.00) while maintaining a Underweight rating.

SLM Corp. (SLM) PT Lowered to $28 at RBC Capital

Fri, 09 Oct 2026 07:14:49 -0400

RBC Capital analyst Jon Arfstrom lowered the price target on SLM Corp. (NASDAQ: SLM) to $28.00 (from $29.00) while maintaining a Outperform rating.

The 2027-28 FAFSA® Is Now Open: Students and Families Should File It As Soon As Possible to Maximize Financial Aid for College

Tue, 29 Sep 2026 10:00:00 -0400

Sallie Explains What Students and Families Need to Know About This Year’s FAFSA® and How to Get Started

NEWARK, Del.--(BUSINESS WIRE)-- The 2027-28 Free Application for Federal Student Aid (FAFSA®) is now open, giving incoming and current college students extra time to apply for financial aid for the 2027-28 school year.

Completing the FAFSA® is the first step to accessing federal, state, and school-based financial aid for college, including grants, scholarships, work-study, and other aid. Some aid is

The 2027-28 FAFSA® Is Now Open: Students and Families Should File It As Soon As Possible to Maximize Financial Aid for College

Tue, 29 Sep 2026 10:00:00 -0400

Sallie Explains What Students and Families Need to Know About This Year’s FAFSA® and How to Get Started

Completing the FAFSA® is the first step to accessing federal, state, and school-based financial aid for college, including grants, scholarships, work-study, and other aid. Some aid is

Form 4 SLM Corp For: Sep 16 Filed by: Leech Christopher T.

Fri, 18 Sep 2026 16:12:00 -0400

si-local-file:///var/storage/secattach/20260918/27080672.html

Form 4 SLM Corp For: Sep 16 Filed by: Lavelle Mark L

Fri, 18 Sep 2026 16:11:00 -0400

si-local-file:///var/storage/secattach/20260918/27080650.html

Form 4 SLM Corp For: Sep 16 Filed by: GREIG HENRY F

Fri, 18 Sep 2026 16:09:00 -0400

si-local-file:///var/storage/secattach/20260918/27080610.html