SLM Corp. engages in the provision and administration of education loans. The company is headquartered in Newark, Delaware and currently employs 1,710 full-time employees. The Company’s primary business is to originate and service loans it makes to students and their families to finance the cost of their education. The company also offers a range of deposit products insured by the Federal Deposit Insurance Corporation. Its primary private education loan product is the Smart Option Student Loan, which emphasizes in-school payment features that can produce shorter terms and reduce customers’ total finance charges. The Smart Option Student Loan generally runs for six months after the borrower separates from school but can run for up to 36 months for a small subset of graduate loans. The company also offers six loan products for specific graduate programs of study. These include the Sallie Mae Law School Loan, the Sallie Mae MBA Loan, the Sallie Mae Graduate School Loan for Health Professions, the Sallie Mae Medical School Loan, and others.
Follow-Up Questions
What is SLM Corp (SLM)'s P/E Ratio?
The P/E ratio of SLM Corp is 10.0312
What is the price performance of SLM stock?
The current price of SLM is $28.45, it has decreased 0% in the last trading day.
What are the primary business themes or industries for SLM Corp?
SLM Corp belongs to Financial Services industry and the sector is Financials
What is SLM Corp market cap?
SLM Corp's current market cap is $5.9B
Is SLM Corp a buy, sell, or hold?
According to wall street analysts, 12 analysts have made analyst ratings for SLM Corp, including 4 strong buy, 9 buy, 2 hold, 0 sell, and 4 strong sell