NASDAQ:NAVI - Navient Stock Price, Forecast & News

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

Navient announced a quarterly dividend on Thursday, November 14th. Stockholders of record on Friday, December 6th will be given a dividend of $0.16 per share on Friday, December 20th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 4.53%. The ex-dividend date is Thursday, December 5th. View Navient's Dividend History.

Navient Corp (NASDAQ:NAVI) issued its quarterly earnings results on Tuesday, October, 22nd. The credit services provider reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.05. The credit services provider had revenue of $312 million for the quarter, compared to the consensus estimate of $295.33 million. Navient had a net margin of 8.80% and a return on equity of 17.50%. During the same period last year, the business earned $0.53 EPS. View Navient's Earnings History.

Navient is scheduled to release their next quarterly earnings announcement on Tuesday, January 28th 2020. View Earnings Estimates for Navient.

Navient issued an update on its FY 2019 earnings guidance on Wednesday, October, 23rd. The company provided EPS guidance of $2.52-2.55 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.44.

7 brokerages have issued twelve-month target prices for Navient's shares. Their forecasts range from $14.50 to $18.00. On average, they expect Navient's stock price to reach $16.20 in the next twelve months. This suggests a possible upside of 14.6% from the stock's current price. View Analyst Price Targets for Navient.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Navient in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Navient.

News coverage about NAVI stock has been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public 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 -1.8 on InfoTrie's scale. They also gave media headlines about the credit services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Navient.

Navient saw a drop in short interest in November. As of November 15th, there was short interest totalling 11,480,000 shares, a drop of 7.6% from the October 31st total of 12,420,000 shares. Based on an average trading volume of 1,710,000 shares, the days-to-cover ratio is presently 6.7 days. Currently, 5.3% of the company's shares are short sold. View Navient's Current Options Chain.

Some companies that are related to Navient include SEI Investments (SEIC), Jefferies Financial Group (JEF), Stifel Financial (SF), Virtu Financial (VIRT), Waddell & Reed Financial (WDR), Piper Jaffray Companies (PJC), Futu (FHL), Future Healthcare of America (FUTU), Freedom (FRHC), Associated Capital Group (AC), Wisdom Tree Investments (WETF), Gamco Investors (GBL), Cowen (COWN), Oppenheimer (OPY) and Greenhill & Co., Inc. (GHL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Navient investors own include Opko Health (OPK), Apple Hospitality REIT (APLE), General Electric (GE), AT&T (T), Ford Motor (F), Intel (INTC), Bank of America (BAC), Micron Technology (MU), Starbucks (SBUX) and Alibaba Group (BABA).

Navient's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Canyon Capital Advisors LLC (9.62%), State Street Corp (2.62%), Boston Partners (1.95%), Robeco Institutional Asset Management B.V. (1.64%), Parametric Portfolio Associates LLC (0.88%) and Man Group plc (0.43%). Company insiders that own Navient stock include Canyon Capital Advisors Llc and Stephen M Hauber. View Institutional Ownership Trends for Navient.

NAVI stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Canyon Capital Advisors LLC, Man Group plc, WBI Investments Inc., State Street Corp, First Trust Advisors LP, Meeder Asset Management Inc. and Convergence Investment Partners LLC. Company insiders that have sold Navient company stock in the last year include Canyon Capital Advisors Llc and Stephen M Hauber. View Insider Buying and Selling for Navient.

NAVI stock was bought by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Barclays PLC, Maverick Capital Ltd., State of New Jersey Common Pension Fund D, Millennium Management LLC, Soros Fund Management LLC, Point72 Asset Management L.P. and Parametric Portfolio Associates LLC. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of NAVI stock can currently be purchased for approximately $14.13.

Navient has a market capitalization of $3.12 billion and generates $5.61 billion in revenue each year. The credit services provider earns $395 million in net income (profit) each year or $2.09 on an earnings per share basis. Navient employs 6,500 workers across the globe.View Additional Information About Navient.

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

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]