NASDAQ:NAVI - Navient Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$9.93 -0.26 (-2.55 %)
(As of 12/12/2018 04:20 AM ET)
Previous Close$10.19
Today's Range$9.89 - $10.49
52-Week Range$9.89 - $15.02
Volume2.58 million shs
Average Volume2.79 million shs
Market Capitalization$2.74 billion
P/E Ratio5.55
Dividend Yield6.01%
Beta2.11
Navient Corporation provides asset management and business processing services to education, health care, and government clients at the federal, state, and local levels in the United States. The company operates in three segments: Federal Family Education Loan Program (FFELP) Loans, Private Education Loans, and Business Services. It holds the portfolio of education loans insured or guaranteed under the FFELP, as well as the portfolio of private education loans; and originates private education refinance loans. The company also services education loans owned by the United States Department of Education, financial institutions, and nonprofit education lenders. In addition, it offers asset recovery services for loans and receivables on behalf of guarantors of FFELP loans and higher education institutions. Further, the company provides asset recovery and other business processing services for federal, state, court, and municipal clients; public authorities; and health care organizations. Navient Corporation was founded in 1973 and is headquartered in Wilmington, Delaware.

Receive NAVI News and Ratings via Email

Sign-up to receive the latest news and ratings for NAVI and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Security brokers & dealers
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:NAVI
Previous SymbolNASDAQ:NAVIV
CUSIPN/A
Phone302-283-8000

Debt

Debt-to-Equity Ratio25.59
Current Ratio19.74
Quick Ratio19.74

Price-To-Earnings

Trailing P/E Ratio5.55
Forward P/E Ratio5.04
P/E GrowthN/A

Sales & Book Value

Annual Sales$5.18 billion
Price / Sales0.49
Cash Flow$1.8630 per share
Price / Cash Flow5.33
Book Value$13.25 per share
Price / Book0.75

Profitability

EPS (Most Recent Fiscal Year)$1.79
Net Income$292 million
Net Margins4.29%
Return on Equity13.43%
Return on Assets0.44%

Miscellaneous

Employees6,700
Outstanding Shares257,970,000
Market Cap$2.74 billion
OptionableOptionable

Navient (NASDAQ:NAVI) Frequently Asked Questions

What is Navient's stock symbol?

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

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

Navient declared a quarterly dividend on Monday, November 12th. Investors of record on Friday, December 7th will be given a dividend of $0.16 per share on Friday, December 21st. This represents a $0.64 annualized dividend and a yield of 6.45%. The ex-dividend date of this dividend is Thursday, December 6th. View Navient's Dividend History.

How will Navient's stock buyback program work?

Navient declared that its Board of Directors has approved a stock buyback program on Thursday, October 5th 2017, which authorizes the company to buyback shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company's board believes its shares are undervalued.

How were Navient's earnings last quarter?

Navient Corp (NASDAQ:NAVI) posted its quarterly earnings results on Tuesday, October, 23rd. The credit services provider reported $0.53 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.49 by $0.04. The credit services provider had revenue of $327 million for the quarter, compared to the consensus estimate of $310.17 million. Navient had a return on equity of 13.43% and a net margin of 4.29%. The company's revenue for the quarter was down 5.2% on a year-over-year basis. During the same quarter last year, the business posted $0.55 EPS. View Navient's Earnings History.

When is Navient's next earnings date?

Navient is scheduled to release their next quarterly earnings announcement on Tuesday, January 22nd 2019. View Earnings Estimates for Navient.

What price target have analysts set for NAVI?

7 brokerages have issued 12-month target prices for Navient's shares. Their predictions range from $15.00 to $18.00. On average, they expect Navient's share price to reach $16.1875 in the next twelve months. This suggests a possible upside of 63.0% from the stock's current price. View Analyst Price Targets for Navient.

What is the consensus analysts' recommendation for Navient?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Navient in the last year. There are currently 1 sell rating, 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Navient.

Has Navient been receiving favorable news coverage?

Media stories about NAVI stock have trended positive this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Navient earned a news impact score of 2.6 on InfoTrie's scale. They also gave media coverage about the credit services provider a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an effect on the company's share price in the near future.

Who are some of Navient's key competitors?

Who are Navient's key executives?

Navient's management team includes the folowing people:
  • Mr. John F. Remondi, Pres, CEO & Director (Age 55)
  • Mr. Christian M. Lown, Exec. VP & CFO (Age 48)
  • Mr. Timothy J. Hynes IV, Exec. VP & Chief Information Officer (Age 48)
  • Mr. Mark L. Heleen, Chief Legal Officer, Exec. VP & Sec. (Age 55)
  • Mr. John M. Kane, Group Pres of Bus. Processing Solutions (Age 49)

Who are Navient's major shareholders?

Navient's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Canyon Capital Advisors LLC (9.94%), Vanguard Group Inc. (9.26%), BlackRock Inc. (8.93%), Dimensional Fund Advisors LP (4.62%), LSV Asset Management (2.59%) and FMR LLC (2.21%). Company insiders that own Navient stock include Christian M Lown, Gilleland Diane Suitt, John M Kane and Stephen M Hauber. View Institutional Ownership Trends for Navient.

Which institutional investors are selling Navient stock?

NAVI stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, BlackRock Inc., Prudential Financial Inc., JPMorgan Chase & Co., JPMorgan Chase & Co., Alliancebernstein L.P., FMR LLC and Morgan Stanley. View Insider Buying and Selling for Navient.

Which institutional investors are buying Navient stock?

NAVI stock was bought by a variety of institutional investors in the last quarter, including WBI Investments Inc., Thornburg Investment Management Inc., Matarin Capital Management LLC, Man Group plc, WINTON GROUP Ltd, Assenagon Asset Management S.A., LSV Asset Management and Robeco Institutional Asset Management B.V.. View Insider Buying and Selling for Navient.

How do I buy shares of Navient?

Shares of NAVI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Navient's stock price today?

One share of NAVI stock can currently be purchased for approximately $9.93.

How big of a company is Navient?

Navient has a market capitalization of $2.74 billion and generates $5.18 billion in revenue each year. The credit services provider earns $292 million in net income (profit) each year or $1.79 on an earnings per share basis. Navient employs 6,700 workers across the globe.

What is Navient's official website?

The official website for Navient is http://www.navient.com.

How can I contact Navient?

Navient's mailing address is 123 JUSTISON STREET, WILMINGTON DE, 19801. The credit services provider can be reached via phone at 302-283-8000 or via email at [email protected]


MarketBeat Community Rating for Navient (NASDAQ NAVI)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  318 (Thanks for Voting!)
Underperform Votes:  344 (Thanks for Voting!)
Total Votes:  662
MarketBeat's community ratings are surveys of what our community members think about Navient and other stocks. Vote "Outperform" if you believe NAVI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NAVI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/12/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel