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SLM ( (SLM) ) just unveiled an update.
On April 22, 2026, SLM Corporation’s board appointed Executive Vice President and Chief Financial Officer Peter Graham and Executive Vice President and Chief Operational Officer Kerri Palmer as Co-Presidents, with Graham also serving as Chief Financial Officer and Palmer as Head of Financial Services. The move, announced publicly on April 27, 2026, follows the retirement of the firm’s Chief Commercial Officer and consolidates oversight of its commercial businesses, with Graham taking on strategic partnerships and new business lines and Palmer leading the core private education loan, credit, and operations units, a structure intended to reinforce strategic execution, leadership continuity, and long-term growth for customers and shareholders.
The most recent analyst rating on (SLM) stock is a Buy with a $30.00 price target. To see the full list of analyst forecasts on SLM stock, see the SLM Stock Forecast page.
Spark’s Take on SLM Stock
According to Spark, TipRanks’ AI Analyst, SLM is a Neutral.
The score is supported most by very attractive valuation (low P/E and a ~2.2% yield) and a generally positive earnings update with raised/tightened EPS guidance and significant capital returns. These positives are tempered by fundamental risks: volatile revenue (sharp TTM decline), high leverage, and uneven cash generation, while technicals are improving but not yet aligned with the longer-term trend.
To see Spark’s full report on SLM stock, click here.
More about SLM
Sallie Mae, formally SLM Corporation, is a Nasdaq-listed financial services company and the leader in private student lending in the United States. It provides financing and advisory resources to support access to college and other education-related goals, operating a core private education loan business and related financial services through Sallie Mae Bank and its subsidiaries.
Average Trading Volume: 4,168,823
Technical Sentiment Signal: Hold
Current Market Cap: $4.49B
For an in-depth examination of SLM stock, go to TipRanks’ Overview page.