FY2025 EPS Estimates for Navient Decreased by Analyst

Key Points

• Analysts at Seaport Res Ptn have lowered their FY2025 earnings per share estimate for Navient from $1.05 to $1.01, affecting investor sentiment as the consensus estimate remains at $1.04.
• Navient reported a quarterly EPS of $0.21, which was below analyst expectations of $0.27, alongside a revenue of $156 million, slightly missing the consensus estimate.
• The company recently declared a $0.16 quarterly dividend, which equates to an annualized dividend of $0.64 and a yield of 4.9%.

Navient Corporation (NASDAQ:NAVI - Free Report) - Investment analysts at Seaport Res Ptn decreased their FY2025 earnings per share estimates for shares of Navient in a report issued on Monday, September 29th. Seaport Res Ptn analyst W. Ryan now forecasts that the credit services provider will post earnings per share of $1.01 for the year, down from their previous estimate of $1.05. The consensus estimate for Navient's current full-year earnings is $1.04 per share.

Navient (NASDAQ:NAVI - Get Free Report) last released its earnings results on Wednesday, July 30th. The credit services provider reported $0.21 EPS for the quarter, missing analysts' consensus estimates of $0.27 by ($0.06). The business had revenue of $156.00 million for the quarter, compared to the consensus estimate of $156.20 million. Navient had a return on equity of 4.08% and a net margin of 0.89%.During the same quarter in the previous year, the firm earned $0.29 earnings per share. Navient has set its FY 2025 guidance at 0.950-1.050 EPS.

A number of other equities research analysts have also recently commented on the company. Morgan Stanley lowered their target price on Navient from $15.00 to $14.00 and set an "equal weight" rating on the stock in a research note on Thursday, July 31st. JPMorgan Chase & Co. boosted their price objective on Navient from $12.50 to $15.50 and gave the company a "neutral" rating in a research note on Friday, July 11th. Bank of America cut Navient from a "neutral" rating to an "underperform" rating and set a $12.00 price objective on the stock. in a research note on Thursday, September 4th. Finally, Keefe, Bruyette & Woods lowered their price objective on Navient from $16.50 to $15.00 and set a "market perform" rating on the stock in a research note on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating, four have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Reduce" and an average target price of $13.06.

Navient Trading Up 2.0%

NASDAQ NAVI opened at $13.09 on Tuesday. The stock has a market capitalization of $1.30 billion, a price-to-earnings ratio of 42.23 and a beta of 1.35. Navient has a one year low of $10.53 and a one year high of $16.15. The company has a debt-to-equity ratio of 16.52, a current ratio of 9.94 and a quick ratio of 9.94. The business's fifty day moving average is $13.22 and its 200-day moving average is $13.20.

Navient Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Friday, September 5th were given a dividend of $0.16 per share. The ex-dividend date was Friday, September 5th. This represents a $0.64 annualized dividend and a dividend yield of 4.9%. Navient's dividend payout ratio is currently 206.45%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of NAVI. Two Sigma Investments LP grew its holdings in shares of Navient by 39.0% during the fourth quarter. Two Sigma Investments LP now owns 130,046 shares of the credit services provider's stock worth $1,728,000 after purchasing an additional 36,498 shares in the last quarter. Two Sigma Advisers LP grew its holdings in shares of Navient by 149.5% during the fourth quarter. Two Sigma Advisers LP now owns 51,900 shares of the credit services provider's stock worth $690,000 after purchasing an additional 31,100 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Navient by 19.0% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 192,867 shares of the credit services provider's stock worth $2,563,000 after purchasing an additional 30,798 shares in the last quarter. Mackenzie Financial Corp purchased a new position in shares of Navient during the fourth quarter worth about $176,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of Navient during the fourth quarter worth about $3,182,000. Hedge funds and other institutional investors own 97.14% of the company's stock.

Navient Company Profile

Navient Corporation provides technology-enabled education finance and business processing solutions for education, health care, and government clients in the United States. It operates through three segments: Federal Education Loans, Consumer Lending, and Business Processing. The company owns Federal Family Education Loan Program (FFELP) loans that are insured or guaranteed by state or not-for-profit agencies; and performs servicing on its portfolios, as well as federal education loans held by other institutions.

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