Navient Corporation Company Profile (NASDAQ:NAVI)

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

Navient Corporation declared a quarterly dividend on Friday, August 11th. 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 dividend on an annualized basis and a dividend yield of 4.55%. The ex-dividend date of this dividend is Wednesday, August 30th. View Navient Corporation's Dividend History.

Navient Corporation (NASDAQ:NAVI) announced its quarterly earnings data on Tuesday, July, 18th. The company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.41 by $0.02. The business had revenue of $343 million for the quarter, compared to analysts' expectations of $331.67 million. Navient Corporation had a net margin of 11.50% and a return on equity of 14.05%. Navient Corporation's quarterly revenue was down 15.9% compared to the same quarter last year. During the same period last year, the firm posted $0.47 EPS. View Navient Corporation's Earnings History.

Navient Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, October, 17th 2017. View Earnings Estimates for Navient Corporation.

Navient Corporation updated its FY17 earnings guidance on Wednesday, July, 19th. The company provided EPS guidance of $1.75-1.80 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.80.

10 brokers have issued 1-year price objectives for Navient Corporation's stock. Their predictions range from $16.00 to $26.00. On average, they expect Navient Corporation's share price to reach $18.45 in the next twelve months. View Analyst Ratings for Navient Corporation.

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

• 1. According to Zacks Investment Research, "Navient’s shares have underperformed the industry over the last six months. The company does not have an impressive earnings surprise history. It missed the Zacks Consensus Estimate for earnings in two of the trailing four quarters. Also, 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, it benefits from the ongoing economic recovery and remains focused on leveraging its asset recovery & processing businesses. Further, we remain encouraged as the company remains focused on growth opportunities to boost overall business." (9/19/2017)
• 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)

Some companies that are related to Navient Corporation include OneMain Holdings (OMF), LendingTree (TREE), FirstCash (FCFS), LendingClub Corporation (LC), TPG RE Finance Trust (TRTX), Provident Financial plc (PFG), World Acceptance Corporation (WRLD), PHH Corp (PHH), EZCORP (EZPW), International Personal Finance Plc (IPF), Regional Management Corp. (RM), Non-Standard Finance PLC (NSF), S & U PLC (SUS), Morses Club PLC (MCL), Fairpoint Group Plc (FRP), Cash America International (CSH), Navient Corp (NAVIV) and Stonegate Mortgage Corp (SGM).

Navient Corporation's management team includes the folowing people:

• William M. Diefenderfer III, Independent Chairman of the Board
• John F. Remondi, President, Chief Executive Officer, Director
• Christian M. Lown, Chief Financial Officer, Executive Vice President
• John M. Kane, Group President, Asset Recovery and Business Services
• Jeff Whorley, Group President - Asset Management and Servicing
• Timothy Hynes, Chief Risk Officer
• Somsak Chivavibul, Chief Decision Management Officer
• Mark L. Heleen, Chief Legal Officer and Corporate Secretary
• John K. Adams Jr., Independent Director
• Anna Escobedo Cabral, Independent Director

Navient Corporation's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (13.94%), Boston Partners (9.05%), BlackRock Inc. (7.50%), State Street Corp (5.36%), Dimensional Fund Advisors LP (3.33%) and Prudential Financial Inc. (2.08%). Company insiders that own Navient Corporation 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 Corporation.

Navient Corporation's stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., State Street Corp, BlackRock Inc., TD Asset Management Inc., Voya Investment Management LLC, Boston Partners, Ameriprise Financial Inc. and KBC Group NV. View Insider Buying and Selling for Navient Corporation.

Navient Corporation's stock was bought by a variety of institutional investors in the last quarter, including Prudential Financial Inc., AJO LP, JPMorgan Chase & Co., W. E. Donoghue & Co. LLC, Parametric Portfolio Associates LLC, Koch Industries Inc., Bank of Montreal Can and LSV Asset Management. Company insiders that have bought Navient Corporation stock in the last two years include John F Remondi, Katherine A Lehman and Mark L Heleen. View Insider Buying and Selling for Navient Corporation.

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.

One share of Navient Corporation stock can currently be purchased for approximately $14.06.