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SLM (SLM) Buyback Yield % : 7.71 (As of Apr. 27, 2024)


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What is SLM Buyback Yield %?

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

SLM's current buyback yield was 7.71%.

SLM Buyback Yield % Historical Data

The historical data trend for SLM's Buyback Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SLM Buyback Yield % Chart

SLM Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buyback Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.46 12.00 27.90 17.85 8.31

SLM Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Buyback Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.53 27.68 - 8.63 2.12

Competitive Comparison of SLM's Buyback Yield %

For the Credit Services subindustry, SLM's Buyback Yield %, along with its competitors' market caps and Buyback Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

SLM's Buyback Yield % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, SLM's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where SLM's Buyback Yield % falls into.


SLM Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

SLM's Buyback Yield for the fiscal year that ended in Dec. 2023 is calculated as

Buyback Yield=Net Issuance of Stock / Market Cap
=- (Repurchase of Stock + Issuance of Stock) / Market Cap
=- (-350.264 + 0) / 4212.97728
=8.31%

SLM's annualized Buyback Yield for the quarter that ended in Mar. 2024 is calculated as

Buyback Yield=Net Issuance of Stock(Annualized) / Market Cap
=- (Repurchase of Stock + Issuance of Stock) * Annualized Factor / Market Cap
=- (-25.457 + 0) * 4 / 4799.81404
=2.12%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In calculating the annualized quarterly data, the Repurchase of Stock and Issuance of Stock data used here is four times the quarterly (Mar. 2024) data.

SLM Buyback Yield % Related Terms

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SLM (SLM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » SLM Corp (NAS:SLM) » Definitions » Buyback Yield %
Comparable Companies
WU FCFS OBDC NNI OMF QFIN CACC LU UPST AGM.A V MA AXP PYPL COF BOM:500034 IST:QNBFL DFS BOM:543257 SYF
Traded in Other Exchanges
SLMBP.PFD:USA SM1:Germany
Address
300 Continental Drive, Newark, DE, USA, 19713
Website
https://www.salliemae.com
SLM Corp is the largest student lender in the country. It makes and holds student loans through the guaranteed Federal Family Education Loan Program as well as through private channels. It also engages in debt-management operations, including accounts receivable and collections services, and runs college savings programs.
Executives
Peter M Graham officer: EVP 150 CORPORATE BLVD, NORFOLK VA 23502
Nicolas Jafarieh officer: SVP, General Counsel SLM CORPORATION, 300 CONTINENTAL DRIVE, NEWARK DE 19713
Munish Pahwa officer: Chief Risk Officer 300 CONTINENTAL DRIVE, NEWARK DE 19713
Jonathan Boyles officer: SVP & Controller 300 CONTINENTAL DRIVE., NEWARK DE 19713
Steven Mcgarry officer: Chief Financial Officer 300 CONTINENTAL DRIVE, NEWARK DE 19713
Richard Scott Blackley director 1680 CAPITAL ONE DRIVE, MCLEAN VA 22102
Samuel Theron Ramsey director 6612 SAIN MILLING ROAD, VALE NC 28168
Robert S. Strong director 300 CONTINENTAL DR., NEWARK DE 19713
Ted Manvitz director 300 CONTINENTAL DRIVE, NEWARK DE 19713
Franke Mary Carter Warren director 300 CONTINENTAL DRIVE, NEWARK DE 19713
Kerri A. Palmer officer: EVP & Chief Risk and Comp Off 300 CONTINENTAL DRIVE, NEWARK DE 19713
Paul F Thome officer: EVP & Chief Admin Officer 300 CONTINENTAL DRIVE, NEWARK DE 19713
Daniel P Kennedy officer: SVP, Chief Operational Officer 300 CONTINENTAL DRIVE, NEWARK DE 19713
Jonathan W. Witter director, officer: CEO 1680 CAPITAL ONE DRIVE, MCLEAN VA 22102
Earl A Goode director 300 CONTINENTAL DRIVE, NEWARKD DE 19713