Navient Corporation Company Profile (NASDAQ:NAVI)

About Navient Corporation

Navient Corporation logoNavient Corporation is a loan management, servicing and asset recovery company. The Company holds the portfolio of education loans insured or guaranteed under the Federal Family Education Loan Program (FFELP), as well as the portfolio of Private Education Loans. FFELP Loans are insured or guaranteed by state based on guaranty agreements among the United States Department of Education (ED) and these agencies. Private Education Loans are education loans to students or their families that bear the full credit risk of the customer and any cosigner. The Company operates in three segments: FFELP Loans, Private Education Loans and Business Services. The Company services its own portfolio of education loans, as well as those owned by banks, credit unions, non-profit education lenders and ED. It also provides asset recovery services on its own portfolio, guaranty agencies, higher education institutions, ED and other federal clients, as well as states, courts and municipalities.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Credit Services
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: NAVI
  • CUSIP:
Key Metrics:
  • Previous Close: $15.46
  • 50 Day Moving Average: $15.81
  • 200 Day Moving Average: $15.22
  • 52-Week Range: $9.67 - $17.95
  • Trailing P/E Ratio: 7.32
  • Foreward P/E Ratio: 8.16
  • P/E Growth: 2.98
  • Market Cap: $4.51B
  • Outstanding Shares: 291,000,000
  • Beta: 2.57
Profitability:
  • Net Margins: 13.72%
  • Return on Equity: 15.65%
  • Return on Assets: 0.46%
Debt:
  • Debt-to-Equity Ratio: 30.18%
  • Current Ratio: 48.28%
  • Quick Ratio: 43.98%
Additional Links:
Companies Related to Navient Corporation:

Analyst Ratings

Consensus Ratings for Navient Corporation (NASDAQ:NAVI) (?)
Ratings Breakdown: 7 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.22)
Consensus Price Target: $17.50 (12.83% upside)

Analysts' Ratings History for Navient Corporation (NASDAQ:NAVI)
Show:
DateFirmActionRatingPrice TargetDetails
2/9/2017Credit Suisse GroupReiterated RatingHold$18.00View Rating Details
1/30/2017WedbushInitiated CoverageNeutral$16.50View Rating Details
1/27/2017Barclays PLCReiterated RatingBuyView Rating Details
1/17/2017J P Morgan Chase & CoDowngradeOverweight -> Neutral$19.00View Rating Details
1/6/2017DA DavidsonInitiated CoverageBuy$21.00View Rating Details
12/7/2016Jefferies Group LLCInitiated CoverageHold$18.00View Rating Details
7/21/2016BMO Capital MarketsSet Price TargetHold$17.00View Rating Details
7/20/2016Goldman Sachs Group, Inc. (The)DowngradeBuy -> Neutral$15.00View Rating Details
4/20/2016Compass PointBoost Price TargetNeutral$11.00 -> $13.00View Rating Details
1/3/2016Janney Montgomery ScottReiterated RatingBuyView Rating Details
1/3/2016Keefe, Bruyette & WoodsReiterated RatingBuyView Rating Details
8/31/2015Robert W. BairdLower Price TargetNeutral$36.00 -> $24.00View Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for Navient Corporation (NASDAQ:NAVI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/17/2017        
1/24/2017Q416$0.44$0.43$34.70 millionViewN/AView Earnings Details
10/18/2016Q3$0.48$0.50$391.75 million$405.00 millionViewN/AView Earnings Details
7/19/2016Q216$0.44$0.47$403.75 millionViewN/AView Earnings Details
4/19/2016Q1$0.41$0.43$427.75 millionViewN/AView Earnings Details
1/26/2016Q4$0.49$0.48$460.20 million$445.00 millionViewListenView Earnings Details
10/20/2015Q3$0.48$0.47$470.80 millionViewListenView Earnings Details
7/21/2015Q215$0.40$0.40$498.33 millionViewListenView Earnings Details
4/21/2015Q115$0.50$0.48$512.17 millionViewN/AView Earnings Details
1/21/2015Q414$0.54$0.53$525.80 millionViewN/AView Earnings Details
10/15/2014Q314$0.52$0.52$522.00 millionViewN/AView Earnings Details
7/16/2014Q311$0.53$0.56$572.33 million$662.00 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Navient Corporation (NASDAQ:NAVI)
Current Year EPS Consensus Estimate: $1.83 EPS
Next Year EPS Consensus Estimate: $1.90 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q4 20161$0.43$0.43$0.43
Q1 20173$0.40$0.48$0.44
Q2 20173$0.46$0.46$0.46
Q3 20173$0.48$0.49$0.49
Q4 20173$0.45$0.46$0.45
Q1 20183$0.41$0.46$0.44
Q2 20183$0.44$0.50$0.47
Q3 20183$0.46$0.53$0.51
Q4 20183$0.50$0.53$0.52
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Navient Corporation (NASDAQ:NAVI)
Annual Dividend:$0.64
Dividend Yield:4.13%
Payout Ratio:30.19% (Based on Trailing 12 Months of Earnings)
34.97% (Based on Current Year Consensus EPS Estimate)
33.68% (Based on Next Year Consensus EPS Estimate)

Dividend History for Navient Corporation (NASDAQ:NAVI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/7/2017quarterly$0.164.17%3/1/20173/3/20173/17/2017
10/7/2016quarterly$0.164.4%11/30/201612/2/201612/16/2016
8/5/2016quarterly$0.164.4%8/31/20169/2/20169/16/2016
4/6/2016quarterly$0.165.51%6/1/20166/3/20166/17/2016
1/27/2016quarterly$0.166.76%3/2/20163/4/20163/18/2016
10/30/2015quarterly$0.164.85%12/2/201512/4/201512/18/2015
7/31/2015quarterly$0.164.08%9/2/20159/4/20159/18/2015
5/26/2015quarterly$0.163.35%6/3/20156/5/20156/19/2015
1/27/2015quarterly$0.163.23%3/4/20153/6/20153/20/2015
10/9/2014quarterly$0.153.5%12/3/201412/5/201412/19/2014
10/9/2014quarterly$0.1512/5/201412/26/2014
8/14/2014quarterly$0.153.53%9/10/20149/12/20149/26/2014
5/22/2014quarterly$0.156/4/20146/6/20146/20/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Navient Corporation (NASDAQ:NAVI)
Insider Ownership Percentage: 1.05%
Institutional Ownership Percentage: 93.89%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/19/2016William M Diefenderfer IIIDirectorSell16,300$14.20$231,460.00View SEC Filing  
7/26/2016Bates Ann TorreDirectorSell9,000$14.23$128,070.00View SEC Filing  
2/9/2016John F. RemondiCEOBuy80,000$8.79$703,200.00View SEC Filing  
2/4/2016Mark L HeleenEVPBuy3,800$9.39$35,682.00View SEC Filing  
10/30/2015Katherine A LehmanDirectorBuy2,500$13.22$33,050.00View SEC Filing  
2/6/2015John M KaneCOOSell1,402$21.38$29,974.76View SEC Filing  
2/6/2015Somsak ChivavibulCFOSell1,184$21.38$25,313.92View SEC Filing  
2/6/2015Timothy J Iv HynesInsiderSell1,118$21.38$23,902.84View SEC Filing  
2/4/2015John M KaneCOOSell1,670$20.93$34,953.10View SEC Filing  
2/4/2015Somsak ChivavibulCFOSell1,408$20.93$29,469.44View SEC Filing  
2/4/2015Timothy J Iv HynesInsiderSell1,404$20.93$29,385.72View SEC Filing  
2/3/2015John M KaneCOOSell1,735$20.60$35,741.00View SEC Filing  
2/3/2015Somsak ChivavibulCFOSell1,023$20.47$20,940.81View SEC Filing  
11/19/2014John M KaneCOOSell23,767$20.67$491,263.89View SEC Filing  
8/1/2014Barry Lawson WilliamsDirectorSell14,450$17.42$251,719.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Navient Corporation (NASDAQ:NAVI)
DateHeadline
News IconEarnings Guidance on Navient Corporation(NAVI) - Energy Index (NASDAQ:NAVI)
www.energyindexwatch.com - February 23 at 8:40 AM
News IconAnalysts Take Aim At This Stock's Earnings Estimates: Navient Corporation (NASDAQ:NAVI) - Aiken Advocate (NASDAQ:NAVI)
aikenadvocate.com - February 23 at 12:35 AM
News IconMarket Scanner: Tracking Shares of Navient Corporation (NASDAQ:NAVI) - The Standard (NASDAQ:NAVI)
6milestandard.com - February 22 at 6:52 PM
News IconAre Analysts Optimistic About Where Navient Corporation (NASDAQ:NAVI) is Heading? - Winfield Review (NASDAQ:NAVI)
winfieldreview.com - February 22 at 6:52 PM
bizjournals.com logoNation's largest student loan manager hires new CFO (NASDAQ:NAVI)
www.bizjournals.com - February 22 at 6:52 PM
News IconA Technical Look At 2 Stocks: Rowan Companies plc (RDC), Navient Corporation (NAVI) - Post Analyst (NASDAQ:NAVI)
postanalyst.com - February 22 at 8:40 AM
News IconAnalyst's Proposition on Granite Construction Incorporated (GVA), Navient Corporation (NAVI) - The USA Commerce (NASDAQ:NAVI)
www.theusacommerce.com - February 22 at 8:40 AM
News IconToday Analysts Focus on Navient Corporation (NAVI), Amkor Technology, Inc. (AMKR) - StockNewsJournal (NASDAQ:NAVI)
stocknewsjournal.com - February 22 at 8:40 AM
News IconAnalyst Earnings Estimates Coverage: Fifth Street Finance Corp. (FSC) (NASDAQ:NAVI)
emfizz.com - February 21 at 6:10 PM
4-traders.com logoNAVIENT CORP : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K) (NASDAQ:NAVI)
www.4-traders.com - February 21 at 6:10 PM
finance.yahoo.com logoNavient appoints chief financial officer and chief decision management officer (NASDAQ:NAVI)
finance.yahoo.com - February 21 at 6:10 PM
finance.yahoo.com logo4:18 pm Navient appoints Christian Lown as CFO effective March 27, 2017; 'Somsak Chivavibul, current CFO, will spearhead the launch of a new enterprise-wide decision management center' (NASDAQ:NAVI)
finance.yahoo.com - February 21 at 6:10 PM
biz.yahoo.com logoNAVIENT CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits (NASDAQ:NAVI)
biz.yahoo.com - February 21 at 6:10 PM
News IconAnalysts Peer Into Their Crystal Balls For Navient Corporation (NASDAQ:NAVI): Where Is It headed? - Winfield Review (NASDAQ:NAVI)
winfieldreview.com - February 20 at 6:05 PM
News IconBuy or Sell? Average Brokerage Ratings on Granite Construction Incorporated (GVA), Navient Corporation (NAVI) - StockNewsJournal (NASDAQ:NAVI)
stocknewsjournal.com - February 20 at 9:57 AM
News IconDividend Growth of Navient Corporation(NAVI) - Highland Mirror (NASDAQ:NAVI)
www.highlandmirror.com - February 18 at 11:10 AM
businesswire.com logoNAVIENT INVESTIGATION INITIATED by Former Louisiana Attorney ... - Business Wire (press release) (NASDAQ:NAVI)
www.businesswire.com - February 18 at 11:10 AM
finance.yahoo.com logoNAVIENT INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Navient Corporation - NAVI (NASDAQ:NAVI)
finance.yahoo.com - February 18 at 11:10 AM
News IconStifel Nicolaus Indicates Potential 5.98% Increase In Shares Of Targa Resources (NASDAQ:NAVI)
fairydetox.org - February 16 at 6:20 PM
News IconStock Jumping Abnormally High: Navient Corporation (NASDAQ:NAVI) (NASDAQ:NAVI)
xboxonezone.com - February 16 at 6:20 PM
finance.yahoo.com logoNavient recognizes Wilkes-Barre employee for support to military student loan borrowers (NASDAQ:NAVI)
finance.yahoo.com - February 16 at 6:20 PM
News IconHow Things Went Wrong at a Student Loan Giant (NASDAQ:NAVI)
www.realcleareducation.com - February 15 at 2:19 AM
News IconAverage Brokerage Rating Of CNO Financial Group, Inc. (CNO), Navient Corporation (NAVI) - The USA Commerce (NASDAQ:NAVI)
theusacommerce.com - February 14 at 9:19 PM
News IconStock Update on Shares of Navient Corporation (NASDAQ:NAVI) - Baldwin Journal (NASDAQ:NAVI)
baldwinjournal.com - February 14 at 9:19 PM
realistinvestor.com logoNavient Corporation (NASDAQ:NAVI) Mean Rating At $2.29 - RealistInvestor.com (NASDAQ:NAVI)
www.realistinvestor.com - February 14 at 9:19 PM
News IconTraders Alert: KB Home (NYSE:KBH), Navient Corporation ... - The Newburgh Press (NASDAQ:NAVI)
newburghpress.com - February 14 at 9:19 PM
News IconIs It Time to go for Navient Corporation (NAVI), RPC, Inc. (RES ... - StockNewsJournal (NASDAQ:NAVI)
stocknewsjournal.com - February 14 at 9:19 PM
News IconHow Things Went Wrong At America’s Student Loan Giant (NASDAQ:NAVI)
www.buzzfeed.com - February 13 at 7:53 PM
streetinsider.com logoForm 4 NAVIENT CORP For: Feb 09 Filed by: HELEEN MARK L (NASDAQ:NAVI)
www.streetinsider.com - February 13 at 7:53 PM
News IconAre You Apart of this Student Loan Lawsuit that Cheated People Out Of Money? (NASDAQ:NAVI)
culsire.com - February 10 at 5:51 AM
News Icon10 Best Dividend Paying Stocks for the Enterprising Investor – February 2017 (NASDAQ:NAVI)
www.moderngraham.com - February 9 at 7:49 PM
nytimes.com logoInvesting in the Pain of Student Debt Is a Tough but Tempting Play (NASDAQ:NAVI)
www.nytimes.com - February 9 at 7:49 PM
huffingtonpost.com logoNavient lawsuit: what student loan borrowers need to know (NASDAQ:NAVI)
www.huffingtonpost.com - February 9 at 7:49 PM
reuters.com logoBRIEF-Navient announces amendment of securitizations (NASDAQ:NAVI)
www.reuters.com - February 8 at 7:38 PM
streetinsider.com logoForm 4 NAVIENT CORP For: Feb 03 Filed by: WHORLEY JOHN F JR (NASDAQ:NAVI)
www.streetinsider.com - February 8 at 7:38 PM
finance.yahoo.com logoNavient announces extension of legal final maturity dates of FFELP ABS, bringing total bonds extended to $10 billion (NASDAQ:NAVI)
finance.yahoo.com - February 8 at 7:38 PM
streetinsider.com logoForm 4 NAVIENT CORP For: Feb 06 Filed by: Munitz Barry A (NASDAQ:NAVI)
www.streetinsider.com - February 8 at 1:24 AM
News IconAnalytical Guide for Navient Corporation (NAVI), HollyFrontier Corporation (HFC) Stakeholders (NASDAQ:NAVI)
prensariotiretail.com - February 7 at 8:21 PM
News IconNavient Corporation (NAVI) Announces Quarterly Dividend of $0.16 (NASDAQ:NAVI)
xboxonezone.com - February 7 at 8:21 PM
News IconLooking at the Tea Leaves for Navient Corporation (NAVI) - The USA Commerce (NASDAQ:NAVI)
www.theusacommerce.com - February 6 at 6:51 PM
News IconAverage Brokerage Rating Of Navient Corporation (NAVI), Clovis Oncology, Inc. (CLVS) - The USA Commerce (NASDAQ:NAVI)
www.theusacommerce.com - February 6 at 6:51 PM
finance.yahoo.com logoNavient declares first quarter common stock dividend (NASDAQ:NAVI)
finance.yahoo.com - February 6 at 6:50 PM
News IconAnalysts Near-Term outlook: Tableau Software, Inc. (DATA), Navient Corporation (NAVI) - The USA Commerce (NASDAQ:NAVI)
theusacommerce.com - February 4 at 6:46 PM
News IconThe Case for and Against Navient Corporation (NAVI) - StockNewsJournal (NASDAQ:NAVI)
stocknewsjournal.com - February 4 at 6:46 PM
News IconTaking a Look at the Chart for Navient Corporation (NAVI) - The USA Commerce (NASDAQ:NAVI)
theusacommerce.com - February 3 at 5:39 AM
News IconEarnings Forecast Research on Navient Corporation (NAVI) - Highland Mirror (NASDAQ:NAVI)
www.highlandmirror.com - February 2 at 12:49 AM
News IconWedbush Indicates Potential 9.2% Increase In Shares Of Navient Corporation (NASDAQ:NAVI)
flapship.com - February 1 at 7:48 PM
News IconWhat Student Loan Borrowers Must Know About the Navient Lawsuit - Kiplinger Personal Finance (NASDAQ:NAVI)
www.kiplinger.com - February 1 at 12:42 AM
News IconDrilling Down Into the Charts for Navient Corp (NAVI) - The USA Commerce (NASDAQ:NAVI)
theusacommerce.com - February 1 at 12:42 AM
finance.yahoo.com logoCoverage initiated on Navient by Wedbush (NASDAQ:NAVI)
finance.yahoo.com - January 31 at 7:41 PM

Social

What is Navient Corporation's stock symbol?

Navient Corporation trades on the NASDAQ under the ticker symbol "NAVI."

How often does Navient Corporation pay dividends? What is the dividend yield for Navient Corporation?

Navient Corporation declared a quarterly dividend on Tuesday, February 7th. Stockholders of record on Friday, March 3rd will be paid a dividend of $0.16 per share on Friday, March 17th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 4.13%. The ex-dividend date of this dividend is Wednesday, March 1st.

Where is Navient Corporation's stock going? Where will Navient Corporation's stock price be in 2017?

9 brokerages have issued 1 year price objectives for Navient Corporation's stock. Their forecasts range from $13.00 to $21.00. On average, they expect Navient Corporation's stock price to reach $17.50 in the next twelve months.

When will Navient Corporation announce their earnings?

Navient Corporation is scheduled to release their next quarterly earnings announcement on Monday, April, 17th 2017.

What are analysts saying about Navient Corporation stock?

Here are some recent quotes from research analysts about Navient Corporation stock:

  • Wedbush analysts commented, "We are initiating coverage on Navient Corp. (NAVI) with a NEUTRAL rating and a $16.50 price target. Navient is the student loan servicing and legacy FFELP & private student loan business spun out of Sallie Mae in 2014. While two of the company's three business lines appear to be in runoff, the company has been able to generate a significant amount of cash flows with which to pay down debt, buy back stock and pay dividends. In 2016, NAVI retired $2.6 billion in senior debt, repurchased $60 million in stock (17% of shares outstanding), and paid an annual dividend of $0.64 per share." (1/30/2017)
  • According to Zacks Investment Research, "Navient shares have outperformed the Zacks categorized Consumer Loan industry in a year's time. However, we see limited upside for the stock in the near term given the several challenges. The U.S. student loan industry is currently under heightened regulatory scrutiny over alleged anti-consumer practices. Navient, which services large number of student loans, is under regulatory claims and litigation burden owing to its practices in handling loans. Nevertheless, the company should benefit from the ongoing economic recovery and remains focused on leveraging its asset recovery & processing businesses. Further, management expects EPS to be at the midpoint of the prior core EPS guidance of $1.82 to $1.87 for 2016. Estimates have been stable lately ahead of its fourth-quarter 2016 earnings release." (1/18/2017)

  • Jefferies Group LLC analysts commented, "We are initiating coverage on Navient (NAVI) with a Hold rating and $18 price target. While we consider NAVI a strong company, the recent rally in the stock has converged the public equity value with our assessment of an NPV of the portfolio added to a segment value for servicing, leaving insufficient upside for a Buy, in our opinion. That said, we keep a watchful eye on ongoing expansion of the Business Services segment which may drive upside over time. We observe that NAVI is among the best capital return stories within our coverage universe, however, we assign a Hold rating as the recent rally leaves the stock near its intrinsic value. In our opinion, the equity value has converged to a level near our assessment of a sum-of-the-parts valuation. That said, we note the nearly 4% dividend yield may be attractive for income-oriented investors and we support management’s focus on capital returns. Further, NAVI continues to focus on special servicing opportunities within its Business Services segment, and incremental growth within this division could both add to earnings power and enhance the multiple over time. Sum of the parts DCF analysis supports our $18 PT. As we detail herein, when we conduct a DCF analysis of the loan portfolio, and add to this an assessed value of the servicing (Business Services) business, we conclude that an $18PT is reasonable." (12/7/2016)

Who owns Navient Corporation stock?

Navient Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Barrow Hanley Mewhinney & Strauss LLC (11.00%), State Street Corp (5.55%), Dimensional Fund Advisors LP (2.75%), Credit Agricole S A (1.77%), Janus Capital Management LLC (1.02%) and AQR Capital Management LLC (1.01%). Company insiders that own Navient Corporation stock include Bates Ann Torre, John F Remondi, Katherine A Lehman, Mark L Heleen and William M Diefenderfer III.

Who sold Navient Corporation stock? Who is selling Navient Corporation stock?

Navient Corporation's stock was sold by a variety of institutional investors in the last quarter, including Barrow Hanley Mewhinney & Strauss LLC, Credit Agricole S A, FMR LLC, O Shaughnessy Asset Management LLC, Teachers Retirement System of The State of Kentucky, Numeric Investors LLC, Employees Retirement System of Texas and New York State Teachers Retirement System. Company insiders that have sold Navient Corporation stock in the last year include Bates Ann Torre and William M Diefenderfer III.

Who bought Navient Corporation stock? Who is buying Navient Corporation stock?

Navient Corporation's stock was bought by a variety of institutional investors in the last quarter, including Fiera Capital Corp, Janus Capital Management LLC, AQR Capital Management LLC, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main, Dimensional Fund Advisors LP, Asset Management One Co. Ltd., Russell Investments Group Ltd. and State Street Corp. Company insiders that have bought Navient Corporation stock in the last two years include John F Remondi, Katherine A Lehman and Mark L Heleen.

How do I buy Navient Corporation stock?

Shares of Navient Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Navient Corporation stock cost?

One share of Navient Corporation stock can currently be purchased for approximately $15.51.

Navient Corporation (NASDAQ:NAVI) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Navient Corporation (NASDAQ:NAVI)

Earnings History Chart

Earnings by Quarter for Navient Corporation (NASDAQ:NAVI)

Dividend History Chart

Dividend Payments by Quarter for Navient Corporation (NASDAQ:NAVI)

Last Updated on 2/23/2017 by MarketBeat.com Staff