3. As of noon trading, SLM ( SLM) is down $2.45 (-9.0%) to $24.69 on heavy volume. Thus far, 9.5 million shares of SLM exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $24.66-$25.83 after having opened the day at $25.75 as compared to the previous trading day's close of $27.14.

SLM Corporation, also known as Sallie Mae, originates, acquires, finances, and services private education loans in the United States. The company operates through three segments: Consumer Lending, Business Services, and FFELP Loans. SLM has a market cap of $11.9 billion and is part of the financial services industry. The company has a P/E ratio of 8.7, below the S&P 500 P/E ratio of 17.7. Shares are up 3.3% year-to-date as of the close of trading on Thursday. Currently there are 4 analysts that rate SLM a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates SLM as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, notable return on equity and attractive valuation levels. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full SLM Ratings Report now.

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