SLM (SLM) Reaches $11.55 After 8.00% Up Move; 3 Analysts Covering ROGERS COMMUNICATIONS INC., CL. (TSE:RCIB)

December 12, 2017 - By Jan Rainey

The stock of SLM Corporation (NASDAQ:SLM) is a huge mover today! The stock increased 1.76% or $0.2 during the last trading session, reaching $11.55. About 1.08M shares traded. SLM Corporation (NASDAQ:SLM) has risen 78.01% since December 12, 2016 and is uptrending. It has outperformed by 61.31% the S&P500.The move comes after 9 months positive chart setup for the $4.99 billion company. It was reported on Dec, 12 by Barchart.com. We have $12.47 PT which if reached, will make NASDAQ:SLM worth $399.04 million more.

Among 8 analysts covering Rogers Communications (TSE:RCIB), 3 have Buy rating, 0 Sell and 5 Hold. Therefore 38% are positive. Rogers Communications had 13 analyst reports since October 23, 2015 according to SRatingsIntel. The stock of ROGERS COMMUNICATIONS INC., CL. (TSE:RCIB) has “Buy” rating given on Friday, December 11 by TD Securities. The firm earned “Neutral” rating on Friday, December 4 by Goldman Sachs. On Friday, December 11 the stock rating was upgraded by National Bank Canada to “Sector Perform”. The stock has “Outperform” rating by RBC Capital Markets on Friday, October 23. See ROGERS COMMUNICATIONS INC., CL. (TSE:RCIB) latest ratings:

Investors sentiment decreased to 1.2 in 2017 Q2. Its down 0.07, from 1.27 in 2017Q1. It dropped, as 30 investors sold SLM Corporation shares while 80 reduced holdings. 44 funds opened positions while 96 raised stakes. 420.58 million shares or 0.81% less from 424.03 million shares in 2017Q1 were reported. Fifth Third National Bank & Trust accumulated 1,001 shares. Amer Interest Grp Inc holds 881,387 shares or 0.04% of its portfolio. 10.65M are held by Invesco. 84,709 were accumulated by Amalgamated Bank. Profund Advsr Ltd Llc reported 46,519 shares stake. Eqis Management owns 39,451 shares for 0.03% of their portfolio. Teacher Retirement Sys Of Texas holds 0% in SLM Corporation (NASDAQ:SLM) or 34,614 shares. C M Bidwell & Assocs holds 139 shares. Ascend Capital Ltd Llc reported 50,449 shares or 0.03% of all its holdings. Proshare Advisors Limited Company has invested 0.01% in SLM Corporation (NASDAQ:SLM). Voya Investment Management Limited Company accumulated 120,729 shares. Natixis holds 0% or 28,751 shares. Ameriprise Fincl Inc reported 0.04% of its portfolio in SLM Corporation (NASDAQ:SLM). Point72 Asset Limited Partnership holds 1.70M shares. Geode Management Limited Com reported 3.69M shares or 0.02% of all its holdings.

SLM Corporation, together with its subsidiaries, operates as a saving, planning, and paying for college firm in the United States. The company has market cap of $4.99 billion. It offers private education loans to students and their families. It has a 17.24 P/E ratio. The firm also provides banking products, such as certificates of deposits, money market deposit accounts, and high yield savings accounts; and a consumer savings network that offers financial rewards on everyday purchases to help families save for college.

Among 9 analysts covering Sallie Mae (NASDAQ:SLM), 8 have Buy rating, 0 Sell and 1 Hold. Therefore 89% are positive. Sallie Mae had 18 analyst reports since October 12, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Wednesday, May 31 by BMO Capital Markets. As per Tuesday, January 31, the company rating was initiated by Wedbush. Goldman Sachs upgraded the shares of SLM in report on Wednesday, January 13 to “Buy” rating. The rating was maintained by BMO Capital Markets on Wednesday, August 23 with “Hold”. As per Friday, December 2, the company rating was initiated by FBR Capital. Jefferies initiated the stock with “Buy” rating in Wednesday, December 7 report. The rating was maintained by Compass Point with “Buy” on Monday, October 12. The stock of SLM Corporation (NASDAQ:SLM) earned “Buy” rating by Credit Suisse on Tuesday, May 30. BMO Capital Markets maintained the stock with “Hold” rating in Thursday, July 20 report. The rating was maintained by BMO Capital Markets on Friday, October 6 with “Hold”.

Analysts await SLM Corporation (NASDAQ:SLM) to report earnings on January, 17. They expect $0.19 earnings per share, up 26.67% or $0.04 from last year’s $0.15 per share. SLM’s profit will be $82.05M for 15.20 P/E if the $0.19 EPS becomes a reality. After $0.17 actual earnings per share reported by SLM Corporation for the previous quarter, Wall Street now forecasts 11.76% EPS growth.

The stock increased 0.37% or $0.24 during the last trading session, reaching $64.89. About 189,409 shares traded. ROGERS COMMUNICATIONS INC., CL. (TSE:RCIB) has 0.00% since December 12, 2016 and is . It has underperformed by 16.70% the S&P500.

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