RBC Capital analyst Jon Arfstrom maintained a Hold rating on SLM (NASDAQ:SLM) Corporation on Thursday, setting a price target of $15, which is approximately 11.11% above the present share price of $13.5.
Arfstrom expects SLM Corporation to post earnings per share (EPS) of $0.45 for the first quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in SLM, with an average price target of $14.13.
The analysts price targets range from a high of $15 to a low of $12.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $374.19 million and a net profit of $0. The company's market cap is $5.07 billion.
According to TipRanks.com, RBC Capital analyst Jon Arfstrom is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 26.1% and a 65.61% success rate.
SLM Corp. engages in the origination, servicing, and administration of education loans. Its services include private education loans, banking, college savings, and insurance services. The company was founded in 1972 and is headquartered in Newark, DE.