SLM Corp SLM

As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q2. Today, we are looking at consumer finance stocks, starting with Sallie Mae (NASDAQ:SLM).

SLM (SLM) has come under pressure recently, with the share price down 2.6% on the day and about 10% over the past month. This has drawn fresh attention to its student lending focused business. At the current share price of $23.61, SLM has seen share price returns weaken over the past week and month, while the year to date share price return is also down, even though the three and five year total shareholder returns remain firmly positive. This suggests that recent momentum is fading after a...