SLM is a holding company. Through its subsidiary, Co. originates and services loans to students and their families to finance the cost of education. Co. uses Private Education Loans to mean education loans to students or their families that are not made, insured or guaranteed by any state or federal government. Co. provides deposit products insured by the Federal Deposit Insurance Corporation. Co. provides loan products for specific graduate programs of study, which include the Sallie Mae Law School Loan, the Sallie Mae MBA Loan, the Sallie Mae Health Professions Graduate Loan, the Sallie Mae Medical School Loan, the Sallie Mae Dental School Loan, and the Sallie Mae Graduate School Loan. We show 57 historical shares outstanding datapoints in our SLM shares outstanding history coverage, used to compute SLM market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SLM market cap history over the course of time is important for investors
interested in comparing SLM's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of SLM versus a peer is one thing; comparing
SLM market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like SLM can fluctuate over the course of history.
With this page we aim to empower investors researching SLM by allowing them to research the SLM market cap history. |
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Video: The Importance of Market Cap
