Navient (NAVI) Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Navient in the last twelve months. There are currently 1 sell rating and 6 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" NAVI shares.
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7 equities research analysts have issued 1-year price targets for Navient's stock. Their NAVI share price forecasts range from $16.00 to $20.00. On average, they predict the company's stock price to reach $18.05 in the next year. This suggests a possible upside of 6.9% from the stock's current price.
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Navient's stock was trading at $16.45 at the beginning of the year. Since then, NAVI stock has increased by 2.7% and is now trading at $16.89.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023.
View our NAVI earnings forecast.

Navient Co. (NASDAQ:NAVI) issued its quarterly earnings data on Wednesday, July, 26th. The credit services provider reported $0.70 earnings per share for the quarter, missing analysts' consensus estimates of $0.76 by $0.06. The credit services provider had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $228.53 million. Navient had a trailing twelve-month return on equity of 14.62% and a net margin of 8.51%. During the same period in the previous year, the company earned $0.92 EPS.

Navient announced a quarterly dividend on Wednesday, August 9th. Stockholders of record on Friday, September 1st will be given a dividend of $0.16 per share on Friday, September 15th. This represents a $0.64 annualized dividend and a dividend yield of 3.79%. The ex-dividend date is Thursday, August 31st.
Read our dividend analysis for NAVI.

ETFs with the largest weight of Navient (NASDAQ:NAVI) stock in their portfolio include Invesco S&P SmallCap 600 Pure Value ETF (RZV), EA Bridgeway Omni Small-Cap Value ETF (BSVO), WisdomTree U.S. SmallCap Fund (EES) and First Trust Active Factor Small Cap ETF (AFSM).Avantis U.S. Small Cap Equity ETF (AVSC).

Navient (NASDAQ:NAVI) pays an annual dividend of $0.64 per share and currently has a dividend yield of 3.77%. The dividend payout ratio is 21.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NAVI will have a dividend payout ratio of 21.69% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NAVI.

Navient updated its FY 2023 earnings guidance on Wednesday, July, 26th. The company provided EPS guidance of $3.15-$3.30 for the period, compared to the consensus EPS estimate of $3.21. The company issued revenue guidance of -.

152 employees have rated Navient Chief Executive Officer John (Jack) F. Remondi on Glassdoor.com. John (Jack) F. Remondi has an approval rating of 90% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Navient investors own include AT&T (T), OPKO Health (OPK), General Electric (GE), QUALCOMM (QCOM), Cisco Systems (CSCO), Advanced Micro Devices (AMD), Ford Motor (F), Pfizer (PFE), Bank of America (BAC) and Intel (INTC).

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

Navient's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.38%), Dimensional Fund Advisors LP (8.71%), LSV Asset Management (5.00%), State Street Corp (3.33%), Geode Capital Management LLC (1.62%) and Northern Trust Corp (1.30%). Insiders that own company stock include John M Kane, Mark L Heleen, Newbury Investors Llc, Stephen M Hauber and Stephen M Hauber.
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Shares of NAVI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of NAVI stock can currently be purchased for approximately $16.89.

Navient (NASDAQ:NAVI) has a market capitalization of $2.05 billion and generates $3.84 billion in revenue each year. The credit services provider earns $645 million in net income (profit) each year or $2.91 on an earnings per share basis.

The company employs 4,000 workers across the globe.

Navient's mailing address is 123 JUSTISON STREET, WILMINGTON DE, 19801. The official website for the company is www.navient.com. The credit services provider can be reached via phone at (302) 283-8000 or via email at stockholders@navient.com.