SLM Keeps Quarterly Dividend at $0.13 a Share, Payable June 16 to Holders as of June 5

Sallie Mae Declares Dividends on Preferred Stock Series B and Common Stock

NEWARK, Del.--(BUSINESS WIRE)--April 23, 2025--

Sallie Mae , formally SLM Corporation, today announced a 2025 second-quarter dividend on its Preferred Stock Series B of $1.5815446 per share. The company also announced a 2025 second-quarter dividend on its common stock of $0.13 per share.

Both preferred stock and common stock dividends will be paid on June 16, 2025, to the respective stockholders of record at the close of business on June 5, 2025.

Sallie Mae believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new goals and experiences, beyond college, happen. Learn more at SallieMae.com. Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.

Category: Corporate and Financial

View source version on businesswire.com: https://www.businesswire.com/news/home/20250422774471/en/

CONTACT: Media:

Rick Castellano

302.451.2541

Rick.Castellano@SallieMae.com

Investors:

Kate deLacy

571.438.9574

Kate.deLacy@SallieMae.com

SAP SE SAP is scheduled to post results for the first quarter of 2025 on April 22.

The Zacks Consensus Estimate for first-quarter 2025 earnings has moved south 1 cent in the past 60 days and is pegged at $1.38 per share. The consensus mark implies a 56.8% increase from the year-ago reported actuals. The Zacks Consensus Estimate for first-quarter 2025 revenues is currently pegged at $9.68 billion, indicating a 10.87% uptick from the year-ago figure.

SAP's earnings surpassed the Zacks Consensus Estimate in three of the preceding four quarters and missed in the other one, delivering an average beat of 6.38%. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)

Factors Shaping the Upcoming Results for SAP

SAP’s performance is expected to have benefited from steady momentum in its cloud business. Rapid adoption of Rise with SAP solution has been one of the major drivers of cloud business, along with the Cloud ERP Suite, which has contributed significantly to the overall cloud revenue growth. The 33% rise in Cloud ERP Suite revenues for 2024 was a result of SAP’s focus on providing advanced, scalable solutions for enterprise resource planning in the cloud.

Momentum in other cloud offerings like Grow with SAP and SAP Datasphere, as well as strategic acquisitions and collaborations, bodes well for its cloud business.

SAP has been focusing on expanding its reach into the mid-market with a stronger emphasis on partner ecosystems. By empowering partners to target mid-market businesses, SAP has been working to tap into a highly profitable sales channel that has previously been underutilized.

The company has also been focusing on integrating AI across its product suite. It expects business AI to play a key role in driving cloud ERP suite revenues. SAP's cloud-focused strategy delivered strong results, with half of fourth-quarter cloud order entries incorporating AI-use cases. This highlights its growing focus on data and Business AI, which is poised to play a pivotal role in driving revenue growth through 2027.

SAP SE Price and EPS Surprise

SAP SE price-eps-surprise | SAP SE Quote

On the last earnings call, management highlighted that it has incorporated more than 1,300 skills into AI co-pilot, which can now automate 80% of the most-used activities by users. In go-to-market, AI-assisted contract validation has cut SAP's average contract booking time by 75%. In corporate functions, AI-powered quote-to-cash automation has boosted productivity tenfold.

However, the company’s performance has been affected by continued softness in the Software license and support business segment, coupled with global macroeconomic weakness and geopolitical instability. Also, increasing research & development costs and stiff competition in the cloud space are concerns.

What Our Model Says About SAP

Our proven model does not predict an earnings beat for SAP this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. This is not the case here.

SAP has an Earnings ESP of -0.49% and a Zacks Rank #2 at present. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Stocks to Consider

Here are some stocks you may consider, as our model shows that these have the right combination of elements to beat on earnings this reporting cycle.

Check Point Software Technologies Ltd. CHKP currently has an Earnings ESP of +0.57% and a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.

Check Point Software is scheduled to report quarterly earnings on April 23. The Zacks Consensus Estimate for CHKP’s to-be-reported quarter’s earnings and revenues is pegged at $2.19 per share and $636.4 million, respectively. Shares of CHKP have gained 50.3% in the past year.

Woodward, Inc. WWD has an Earnings ESP of +3.95% and a Zacks Rank #2 at present. WWD is scheduled to report quarterly figures on April 28. The Zacks Consensus Estimate for Woodward’s to-be-reported quarter’s earnings and revenues is pegged at $1.44 per share and $829.3 million, respectively. Shares of WWD have gained 15.5% in the past year.

SLM Corporation SLM has an Earnings ESP of +0.51% and a Zacks Rank #3 at present. SLM is scheduled to report quarterly figures on April 24. The Zacks Consensus Estimate for SLM’s to-be-reported quarter’s earnings and revenues is pegged at $1.18 per share and $359.7 million, respectively. Shares of SLM have risen 26.4% in the past year.

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

(15:21 GMT) Sallie Mae Price Target Cut to $27.00/Share From $30.00 by JP Morgan

Sallie Mae to Release First-Quarter 2025 Financial Results

Webcast Scheduled for Thursday, April 24, at 5:30 p.m. ET

NEWARK, Del.--(BUSINESS WIRE)--April 08, 2025--

Sallie Mae(R) , formally SLM Corporation, will release first-quarter 2025 financial results after market close on Thursday, April 24, 2025.

A live audio webcast and presentation slides will be available at SallieMae.com/investors and the hosting website. Investors should log in at least 15 minutes prior to the broadcast.

The earnings news release will be available at SallieMae.com/investors. A replay will also be available on the site.

Sallie Mae believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new goals and experiences, beyond college, happen. Learn more at SallieMae.com. Commonly known as Sallie Mae, SLM Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.

Category: Corporate and Financial

View source version on businesswire.com: https://www.businesswire.com/news/home/20250408875530/en/

CONTACT: Media

Rick Castellano

302.451.2541

rick.castellano@salliemae.com

Investors

Melissa Bronaugh

571.526.2455

melissa.bronaugh@salliemae.com

SLM Corp. has an average rating of buy and mean price target of $33.09, according to analysts polled by FactSet.

(Updates with comments from the US Department of Education in the last two paragraphs.)

The American Federation of Teachers, or AFT, said Wednesday it is suing the US Department of Education for "breaking the student loan system."

The Education Department is "denying borrowers' access to affordable loan payments and blocking progress towards Public Service Loan Forgiveness, in violation of federal law," the union said.

The AFT claimed that federal education officials have removed access to income-driven repayment plans by removing the application form from the Education Department's website and "secretly ordering student loan servicers to halt all processing."

The suit was filed in federal court in Washington D.C. and is seeking a court order to restore borrowers' access to the affordable loan plans, the union said.

"A federal circuit court of appeals issued an injunction preventing the [US] Department of Education from implementing the Biden Administration's illegal SAVE Plan and parts of other income-driven repayment (IDR) plans," a Department of Education spokesperson told MT Newswires.

"The Department is working to ensure these programs conform with the 8th Circuit's ruling, and anticipates the revised form allowing borrowers to change repayment plans to be available as soon as next week," the spokesperson said.