SLM Corporations in-depth stock price analysis indicates that the stock price has rallied 31.12% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 71.21% . Looking at the past 52 week period, the stock price is up at 118.26% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of SLM Corporation has a positive value of 73.27 compared to overall market. SLM Corporation (NASDAQ:SLM) has climbed 3.24% in the past week and advanced 9.42% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.41% and the outperformance has advanced to 7.46% for the last 4 weeks period.
SLM Corporation (NASDAQ:SLM) : On Friday heightened volatility was witnessed in SLM Corporation (NASDAQ:SLM) which led to swings in the share price. The stock opened for trading at $12.44 and hit $12.575 on the upside , eventually ending the session at $12.43, with a gain of 0.24% or 0.03 points. The heightened volatility saw the trading volume jump to 3,774,613 shares. The 52-week high of the share price is $12.575 and the company has a market cap of $5,331 million. The 52-week low of the share price is at $5.41 .
SLM Corp Last issued its quarterly earnings results on Jan 18, 2017. The company reported $0.15 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.14. The company had revenue of $245.40 million for the quarter, compared to analysts expectations of $235.52 million. The companys revenue was up 30.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.20 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.SLM Corp was Initiated by Wedbush on Jan 31, 2017 to Outperform, Price Target of the shares are set at $13.SLM Corp was Initiated by Jefferies on Dec 7, 2016 to Buy, Price Target of the shares are set at $12.50.SLM Corp was Initiated by FBR & Co. on Dec 2, 2016 to Outperform, Price Target of the shares are set at $13.
Company has reported several Insider transactions to the SEC, on Dec 5, 2016, Ronald F Hunt (director) purchased 1,000 shares at 49.98 per share price.On Nov 18, 2016, Laurent Charles Lutz (EVP, GC and Secretary) sold 21,097 shares at 9.40 per share price.On Nov 7, 2016, Earl A Goode (director) purchased 10,000 shares at 7.03 per share price.
SLM Corporation is the one of nations largest private sources of funding and servicing support for higher education loans for students and their parents. The company provides a wide range of financial services, processing capabilities and information technology to meet the needs of educational institutions, lenders, students and guarantee agencies.