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SLM Corporation

SLM Finance Finance: Consumer Services
$21.76
▼ -2.2% Today
as of Oct 22, 16:52 ET
Last 30 days -17.58% Sep 14 → Oct 22
$21.18 $22.58 $23.98 $25.39 $26.79 Sep 14 Sep 22 Sep 29 Oct 07 Oct 14 Oct 22
Open
$22.68
High
$22.97
Low
$21.57
Volume
$8M
Avg Vol
$3M
Mkt Cap
$4.2B
P/E (TTM)
8.87
Beta
—
52w High
$31.06
52w Low
$17.77
Div Yield
—
Shares Out
—

Recent Press Releases & News last 60 days · 12 items

Oct 23 · 02:42 Motley Fool
SLM: 3 Key Takeaways for Long-Term Investors
Oct 23 · 01:28 Motley Fool
SLM (SLM) Q3 2026 Earnings Call Transcript
Oct 23 · 00:04 MarketBeat
SLM Q3 Earnings Call Highlights
▸ Show all 12 press releases & news Free account →

SLM earnings at a glance

The options market is pricing a move of about ±6.8% after the report, a range of roughly $20.27 to $23.25 from today's $21.76. Over its last 6 reports the stock rose the next day 5 times and fell 1, moving ±2.1% on average; after the most recent report on Jul 23, 2026 it moved +0.5%. That means options currently expect more movement than SLM has typically delivered. SLM beat the consensus EPS estimate in 3 of its last 6 reported quarters. Implied volatility is currently 58%. The share price of $21.76 sits in the middle of its 52-week range.

More Finance stocks · All stocks · Earnings calendar

Overview

52-week range
$18
$31
30% of range
Avg surprise (last 6)
-4.3%
Avg reaction (last 6)
+1.6%
83% positive
Latest IV / EM
58%
EM ±6.8% · $23 · Oct 16

Earnings trends

EPS — actual vs estimate Actual Estimate
$-0.23$0.21$0.66$1.10$1.54 Actual $0.47Actual $1.10Actual $0.11Actual $1.27Actual $1.11Actual $-0.23Actual $1.40Est $1.19Actual $0.32Est $0.49Actual $0.63Est $0.84Actual $1.12Est $0.95Actual $1.54Est $1.14Actual $0.29Est $0.46 MarJunSepMarJunSepMar/2025Jun/2025Sep/20258K8KJun/2026
Revenue vs Net Income Revenue Net income
$-45M$47M$139M$231M$323M Sep 24Mar 25Jun 25Sep 25Mar 26Jun 26

Earnings history

DatePeriodActual EPSEstSurpriseYoY %ΔDay reactSource
Thu Jul 23, 2026Jun/2026 $0.29 $0.46 -37.0% +43.8% +0.5% earnings
Thu Apr 23, 20268K 2026-04-23 $1.54 $1.14 +35.1% — +1.8% earnings
Thu Jan 22, 20268K 2026-01-22 $1.12 $0.95 +17.9% — +3.4% earnings
Thu Oct 23, 2025Sep/2025 $0.63 $0.84 -25.0% — +3.3% earnings
Thu Jul 24, 2025Jun/2025 $0.32 $0.49 -34.7% — +2.3% earnings
Thu Apr 24, 2025Mar/2025 $1.40 $1.19 +17.6% — -1.4% earnings
Mon Sep 30, 2024Sep 2024 $-0.23 — — — — financials
Sun Jun 30, 2024Jun 2024 $1.11 — — — — financials
Sun Mar 31, 2024Mar 2024 $1.27 — — — — financials
Sat Sep 30, 2023Sep 2023 $0.11 — — — — financials
Fri Jun 30, 2023Jun 2023 $1.10 — — — — financials
Fri Mar 31, 2023Mar 2023 $0.47 — — — — financials

Financials

Income statement (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue————————
Cost of revenue————————
Gross profit————————
Operating income————————
Net income$59M$308M—$136M$71M$305M—$-45M
EPS (diluted)$0.29$1.54—$0.63$0.32$1.40—$-0.23

Balance sheet (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Cash & equivalents$4.59B$5.16B$4.24B$3.54B$4.09B$3.70B$4.70B$4.49B
Inventory————————
Total current assets————————
Total assets$28.58B$29.41B$29.75B$29.61B$29.60B$28.90B$30.07B$30.01B
Long-term debt$5.84B$5.67B$5.36B$6.84B$6.41B$6.15B$6.44B$6.04B
Total liabilities$26.10B$26.97B$27.29B$27.26B$27.23B$26.50B$27.91B$27.88B
Total equity$2.47B$2.44B$2.45B$2.34B$2.37B$2.40B$2.16B$2.13B

Implied volatility — last 90 days

21%57%94%130%166% Jun 07 — IV 40% · EM ±5.6%Jun 08 — IV 43% · EM ±5.7%Jun 09 — IV 40% · EM ±5.0%Jun 10 — IV 52% · EM ±6.1%Jun 11 — IV 33% · EM ±3.6%Jun 12 — IV 46% · EM ±4.7%Jun 15 — IV 60% · EM ±4.3%Jun 16 — IV 72% · EM ±4.3%Jun 17 — IV 112% · EM ±4.7%Jun 19 — IV 39% · EM ±8.7%Jun 22 — IV 37% · EM ±7.8%Jun 23 — IV 36% · EM ±7.3%Jun 24 — IV 35% · EM ±6.9%Jun 25 — IV 35% · EM ±6.8%Jun 26 — IV 41% · EM ±7.9%Jun 29 — IV 62% · EM ±10.9%Jun 30 — IV 34% · EM ±5.9%Jul 02 — IV 50% · EM ±8.2%Jul 06 — IV 69% · EM ±9.6%Jul 08 — IV 61% · EM ±7.6%Jul 09 — IV 29% · EM ±3.4%Jul 13 — IV 55% · EM ±4.6%Jul 15 — IV 117% · EM ±6.9%Jul 16 — IV 167% · EM ±7.0%Jul 20 — IV 46% · EM ±10.8%Jul 21 — IV 47% · EM ±10.9%Jul 22 — IV 39% · EM ±8.8%Jul 23 — IV 43% · EM ±9.7%Jul 24 — IV 52% · EM ±11.4%Jul 27 — IV 36% · EM ±7.5%Jul 28 — IV 41% · EM ±8.4%Jul 29 — IV 38% · EM ±7.6%Jul 30 — IV 39% · EM ±7.5%Jul 31 — IV 29% · EM ±5.5%Aug 03 — IV 26% · EM ±4.6%Aug 04 — IV 21% · EM ±3.7%Aug 05 — IV 38% · EM ±6.4%Aug 06 — IV 42% · EM ±6.7%Aug 07 — IV 46% · EM ±7.2%Aug 10 — IV 30% · EM ±4.1%Aug 11 — IV 60% · EM ±7.9%Aug 12 — IV 34% · EM ±4.2%Aug 13 — IV 37% · EM ±4.3%Aug 14 — IV 26% · EM ±2.9%Aug 17 — IV 83% · EM ±7.0%Aug 18 — IV 64% · EM ±4.7%Aug 19 — IV 115% · EM ±6.8%Aug 20 — IV 42% · EM ±1.7%Aug 24 — IV 34% · EM ±7.0%Aug 25 — IV 35% · EM ±7.2%Aug 26 — IV 34% · EM ±6.7%Aug 27 — IV 29% · EM ±5.6%Aug 28 — IV 39% · EM ±7.4%Aug 31 — IV 29% · EM ±5.2%Sep 01 — IV 48% · EM ±8.3%Sep 02 — IV 35% · EM ±5.8%Sep 03 — IV 61% · EM ±9.8%Sep 04 — IV 40% · EM ±6.3%Sep 07 — IV 45% · EM ±6.3%Sep 08 — IV 41% · EM ±5.4%Sep 09 — IV 53% · EM ±6.6%Sep 10 — IV 40% · EM ±4.7%Sep 11 — IV 21% · EM ±2.3%Sep 14 — IV 102% · EM ±8.5%Sep 16 — IV 109% · EM ±6.4%Sep 17 — IV 38% · EM ±1.6%Sep 21 — IV 35% · EM ±7.4%Sep 22 — IV 49% · EM ±10.1%Sep 23 — IV 34% · EM ±6.9%Sep 24 — IV 75% · EM ±14.8%Sep 25 — IV 34% · EM ±6.4%Sep 28 — IV 38% · EM ±6.8%Sep 29 — IV 37% · EM ±6.4%Sep 30 — IV 32% · EM ±5.4%Oct 01 — IV 44% · EM ±7.1%Oct 02 — IV 35% · EM ±5.5%Oct 05 — IV 30% · EM ±4.2%Oct 06 — IV 54% · EM ±7.1%Oct 07 — IV 51% · EM ±6.4%Oct 08 — IV 58% · EM ±6.8%

Sector peers

DAVE
Dave Inc.
$4.4B $382.39+5.2%
NNI
Nelnet, Inc.
$4.5B $125.85-0.4%
ENVA
Enova International, Inc.
$4.6B $176.78-1.5%
SEZL
Sezzle Inc.
$3.8B $139.30+7.0%
GPGI
GPGI, Inc.
$3.7B $12.55-1.6%
GBDC
Golub Capital BDC, Inc.
$3.5B $12.19+1.6%

SLM earnings FAQ

What is SLM's expected move for earnings?

Options currently price a move of about ±6.8%, or $1.49 per share either way from $21.76.

How does SLM stock usually react to earnings?

Across the last 6 reports the average next-day move was ±2.1%, up 5 times and down 1 times.

What is SLM's implied volatility?

SLM's at-the-money implied volatility is about 58% based on the latest options snapshot.

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