Navient (NASDAQ:NAVI) Stock Price Crosses Below 200 Day Moving Average - What's Next?

Key Points

• Technical sell signal: Navient fell below its 200‑day moving average of $10.68, trading as low as $8.72 and last at $8.73 on volume of about 1.08 million shares.
• Analyst sentiment is negative: The consensus rating is "Reduce" (five Holds, four Sells) with a $9.29 average price target after several recent target cuts and downgrades.
• Mixed fundamentals and dividend caution: Navient beat Q1 EPS expectations ($0.20 vs $0.17) but has a negative P/E and net margin, while offering a 7.3% dividend yield alongside a -101.6% payout ratio, raising sustainability concerns.

Navient Corporation (NASDAQ:NAVI - Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $10.68 and traded as low as $8.72. Navient shares last traded at $8.73, with a volume of 1,076,340 shares.

Analyst Ratings Changes

Several brokerages recently commented on NAVI. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Navient in a research note on Friday, March 27th. Wall Street Zen raised shares of Navient from a "sell" rating to a "hold" rating in a research note on Saturday, March 7th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Navient from $15.00 to $9.00 and set a "hold" rating on the stock in a research note on Thursday, January 29th. Morgan Stanley decreased their target price on shares of Navient from $12.00 to $9.00 and set an "equal weight" rating on the stock in a research note on Thursday, April 16th. Finally, TD Cowen lifted their price target on shares of Navient from $8.00 to $9.00 and gave the company a "sell" rating in a report on Thursday, April 30th. Five analysts have rated the stock with a Hold rating and four have issued a Sell rating to the company's stock. According to data from MarketBeat.com, Navient has a consensus rating of "Reduce" and a consensus price target of $9.29.

Navient Trading Up 0.2%

The stock has a market cap of $820.53 million, a P/E ratio of -13.86 and a beta of 1.24. The company has a current ratio of 7.67, a quick ratio of 7.67 and a debt-to-equity ratio of 16.49. The stock's fifty day moving average price is $8.49 and its 200 day moving average price is $10.68.

Navient (NASDAQ:NAVI - Get Free Report) last announced its earnings results on Wednesday, April 29th. The credit services provider reported $0.20 EPS for the quarter, beating analysts' consensus estimates of $0.17 by $0.03. Navient had a negative net margin of 1.94% and a positive return on equity of 4.39%. The firm had revenue of $152.00 million for the quarter, compared to analysts' expectations of $141.47 million. During the same quarter in the previous year, the business posted $0.25 EPS. Equities research analysts expect that Navient Corporation will post 0.71 earnings per share for the current year.

Navient Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Friday, March 6th were issued a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date was Friday, March 6th. Navient's payout ratio is -101.59%.

Institutional Trading of Navient

A number of hedge funds have recently modified their holdings of the business. Illinois Municipal Retirement Fund boosted its holdings in shares of Navient by 4.4% during the 1st quarter. Illinois Municipal Retirement Fund now owns 38,948 shares of the credit services provider's stock valued at $319,000 after buying an additional 1,654 shares in the last quarter. IMC Chicago LLC bought a new position in Navient in the 1st quarter worth about $143,000. Sanctuary Advisors LLC bought a new position in Navient in the 1st quarter worth about $130,000. Principal Financial Group Inc. boosted its stake in Navient by 0.4% in the 1st quarter. Principal Financial Group Inc. now owns 322,085 shares of the credit services provider's stock worth $2,635,000 after purchasing an additional 1,354 shares in the last quarter. Finally, Fifth Third Bancorp boosted its stake in Navient by 13,455.4% in the 1st quarter. Fifth Third Bancorp now owns 40,395 shares of the credit services provider's stock worth $330,000 after purchasing an additional 40,097 shares in the last quarter. Institutional investors own 97.14% of the company's stock.

Navient Company Profile

Navient Corporation NASDAQ: NAVI is a specialized provider of asset management and business processing solutions, with a primary focus on student loan servicing. Established in 2014 through the separation from Sallie Mae, Navient assumed responsibility for servicing federal and private education loans, positioning itself as one of the largest servicers of higher education debt in the United States.

The company's core activities center on federal student loan servicing under contracts with the U.S.

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