Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Financial Services industry higher today making it today's featured financial services winner. The industry as a whole closed the day up 0.2%. By the end of trading, SLM rose 22 cents (1.4%) to $15.75 on light volume. Throughout the day, 2.7 million shares of SLM exchanged hands as compared to its average daily volume of 4.1 million shares. The stock ranged in a price between $15.63-$15.86 after having opened the day at $15.67 as compared to the previous trading day's close of $15.53. Other companies within the Financial Services industry that increased today were:
), up 8.5%,
), up 7%,
), up 6.6%, and
), up 5.3%.
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SLM Corporation, through its subsidiaries, originates, acquires, finances, and services private education loans in the United States. It offers processing capabilities to educational institutions, 529 college-savings plan program management services, and a consumer savings network. SLM has a market cap of $7.37 billion and is part of the
sector. The company has a P/E ratio of 9.6, above the average financial services industry P/E ratio of 9.4 and below the S&P 500 P/E ratio of 17.7. Shares are up 17.2% year to date as of the close of trading on Thursday. Currently there are six analysts that rate SLM a buy, no analysts rate it a sell, and none rate it a hold.
TheStreet Ratings rates SLM as a
. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, expanding profit margins, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
- You can view the full SLM Ratings Report.
- Use our financial services section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial services industry could consider
) while those bearish on the financial services industry could consider
- Find other investment ideas from our top rated ETFs lists.
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