Sallie Mae (SLM)
Originates private education loans and deposit products for students and families.
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Originates and services private education loans for students and families and offers FDIC-insured deposit products. The post-2014 consumer bank uses campus relationships, online channels, and direct marketing to distribute loans that are not government-made, insured, or guaranteed.
Originates and services Private Education Loans for students and families, while offering FDIC-insured deposit products. Distribution combines campus financial-aid-office relationships with online and direct marketing; its relationship-management team works with more than 2,100 higher-education institutions.
The present consumer bank emerged from the 2014 separation of Navient and includes Sallie Mae Bank, an industrial bank established in 2005. It is a focused private-education lender rather than the former broader student-loan organization. Its loans are not made, insured, or guaranteed by state or federal governments, and its team members are all based in the United States.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Jul 24, 2026 | Wells Fargo | Target | Target: $29 | Target: $28 |
| Jul 20, 2026 | Morgan Stanley | Reiterate | Rating: —Target: $27 | Target: $28 |
| Jul 10, 2026 | RBC Capital | Reiterate | Rating: —Target: $28 | Target: $29 |
| Jul 7, 2026 | Barclays | Downgrade | ||
| Apr 24, 2026 | Morgan Stanley | Target | Target: $26 | Target: $27 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $4.64B · Total debt $5.84B · Total assets $28.58B · Shareholders' equity $2.47B
- Revenue
- $670.3M
- Operating income
- $80.5M
- Net income
- $58.5M
HistoryDividendAnnual yield
| Institutions | 112.53% | 211.50M shares | |
|---|---|---|---|
| 400 holders · as of Jun 30, 2026 | |||
| Insiders | 0.87% | 1.64M shares | |
| 19 holders · as of Sep 18, 2026 | |||
| Adds to | 113.40% | ||
187.95M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 113.40%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 9.34% | 17.56M | as of Jun 30, 2026 |
FMR LLCInstitution | 9.07% | 17.05M | as of Jun 30, 2026 |
Brave Warrior Advisors, LLCInstitution | 7.12% | 13.38M | as of Jun 30, 2026 |
Price T Rowe Associates Inc /MD/Institution | 6.66% | 12.52M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 5.12% | 9.62M | as of Jun 30, 2026 |
Insider tradesForm 4
No open-market trades in the last 12 months.
- SoFi
Private student-loan refinancing and in-school lending overlap
- Citizens Financial Group
Bank-originated private student loans overlap
- Navient
Earnest-branded private in-school and refinance lending overlap
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Sallie Mae | $24.68 | −1.56% | $4.71B | 7.0 | 8.1 | 1.5 | −41.3% |
| SoFi | $17.30 | +1.94% | $21.77B | 35.4 | 23.6 | 3.9 | +41.0% |
| Citizens Financial Group | $65.74 | −2.41% | $28.49B | 14.6 | 11.1 | 2.5 | +12.1% |
| Navient | $9.47 | −1.06% | $899.5M | — | 11.0 | 0.3 | −5.8% |
| Median | 25.0 | 11.1 | 2.5 | +12.1% |