SLM Explores $2 Billion Private Student Loan Sale
SLM Corporation (Sallie Mae) is exploring the sale of approximately $2 billion in private education loans, with its subsidiary Sallie Mae Bank reaching indicative terms for the transaction. The potential sale, anticipated to close in early 2026, could significantly change SLM's loan portfolio, though it is subject to final documentation and approvals. Analysts currently rate SLM stock as a Hold with a $21.00 price target, and TipRanks' AI Analyst, Spark, assigns a Neutral score due to solid profitability balanced by leverage and volatile cash flow.
https://www.tipranks.com/news/company-announcements/slm-explores-2-billion-private-student-loan-sale