About Navient Corporation
Navient 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
- 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
- Net Margins: 13.72%
- Return on Equity: 15.65%
- Return on Assets: 0.46%
Companies Related to Navient Corporation:
- Debt-to-Equity Ratio: 30.18%
- Current Ratio: 48.28%
- Quick Ratio: 43.98%
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.