Navient Corp Company Profile (NASDAQ:NAVI)

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

Navient Corp announced a quarterly dividend on Thursday, April 6th. Stockholders of record on Friday, June 2nd will be paid a dividend of $0.16 per share on Friday, June 16th. This represents a $0.64 annualized dividend and a dividend yield of 4.45%. The ex-dividend date is Wednesday, May 31st. View Navient Corp's Dividend History.

Navient Corp (NASDAQ:NAVI) issued its quarterly earnings results on Tuesday, April, 18th. The company reported $0.36 EPS for the quarter, missing analysts' consensus estimates of $0.42 by $0.06. The business earned $334 million during the quarter, compared to analyst estimates of $345.60 million. Navient Corp had a net margin of 13.72% and a return on equity of 15.65%. The business's revenue for the quarter was down 19.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.43 EPS. View Navient Corp's Earnings History.

Navient Corp is scheduled to release their next quarterly earnings announcement on Monday, July, 17th 2017. View Earnings Estimates for Navient Corp.

9 analysts have issued 12-month price objectives for Navient Corp's shares. Their predictions range from $15.00 to $21.00. On average, they expect Navient Corp's share price to reach $17.94 in the next year. View Analyst Ratings for Navient Corp.

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

• 1. According to Zacks Investment Research, "Navient’s shares outperformed the Zacks categorized Consumer Loan industry over the past one year. 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. However, on a positive note, the company should benefit from the ongoing economic recovery and remains focused on leveraging its asset recovery & processing businesses. Management expects 2017 core EPS is in the range of $1.80–$1.84 (excluding regulatory costs). Moreover, capital deployment activities is encouraging." (4/5/2017)
• 2. 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)
• 3. 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)

Navient Corp saw a drop in short interest in the month of April. As of April 13th, there was short interest totalling 7,413,351 shares, a drop of 11.9% from the March 31st total of 8,410,630 shares. Based on an average daily trading volume, of 2,245,360 shares, the days-to-cover ratio is currently 3.3 days. Approximately 2.6% of the shares of the company are short sold.

Some companies that are related to Navient Corp include Springleaf Holdings (LEAF), SLM Corp (SLM), Credit Acceptance Corp. (CACC), FirstCash (FCFS), Blackhawk Network Holdings (HAWK), LendingClub Corp (LC), Green Dot (GDOT), Nelnet (NNI), Qiwi PLC (QIWI), Triangle Capital (TCAP), PHH (PHH), World Acceptance Corp. (WRLD), Federal Agricultural Mortgage Corp. (AGM), EZCORP (EZPW), Enova International (ENVA), Everi Holdings (EVRI), NewStar Financial (NEWS) and On Deck Capital (ONDK).

Navient Corp's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (13.79%), Barrow Hanley Mewhinney & Strauss LLC (10.86%), Boston Partners (8.89%), BlackRock Inc. (7.51%), State Street Corp (5.51%) and Dimensional Fund Advisors LP (3.16%). Company insiders that own Navient Corp stock include Bates Ann Torre, Gilleland Diane Suitt, John F Remondi, Katherine A Lehman, Mark L Heleen and William M Diefenderfer III. View Institutional Ownership Trends for Navient Corp.

Navient Corp's stock was sold by a variety of institutional investors in the last quarter, including Credit Agricole S A, Boston Partners, Ameriprise Financial Inc., Barrow Hanley Mewhinney & Strauss LLC, Omega Advisors Inc., JPMorgan Chase & Co., Chicago Equity Partners LLC and Janus Capital Management LLC. Company insiders that have sold Navient Corp stock in the last year include Bates Ann Torre, Gilleland Diane Suitt and William M Diefenderfer III. View Insider Buying and Selling for Navient Corp.

Navient Corp's stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Dimensional Fund Advisors LP, LSV Asset Management, OppenheimerFunds Inc., Karp Capital Management Corp, Renaissance Technologies LLC and Denali Advisors LLC. Company insiders that have bought Navient Corp stock in the last two years include John F Remondi, Katherine A Lehman and Mark L Heleen. View Insider Buying and Selling for Navient Corp.

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

One share of Navient Corp stock can currently be purchased for approximately $14.39.