NASDAQ:NAVI - Navient Stock Price, Forecast & News

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

Navient declared a quarterly dividend on Thursday, November 14th. Investors of record on Friday, December 6th will be paid a dividend of $0.16 per share on Friday, December 20th. This represents a $0.64 dividend on an annualized basis and a yield of 4.57%. The ex-dividend date of this dividend is Thursday, December 5th. View Navient's Dividend History.

Navient Corp (NASDAQ:NAVI) released its quarterly earnings results on Tuesday, October, 22nd. The credit services provider reported $0.62 EPS for the quarter, topping analysts' consensus estimates of $0.57 by $0.05. The credit services provider had revenue of $312 million for the quarter, compared to analyst estimates of $295.33 million. Navient had a return on equity of 17.50% and a net margin of 8.80%. During the same period in the prior year, the firm posted $0.53 earnings per share. 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 updated its FY 2019 earnings guidance on Wednesday, October, 23rd. The company provided earnings per share (EPS) guidance of $2.52-2.55 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.44.

6 brokers have issued 1-year price targets for Navient's shares. Their forecasts range from $14.50 to $18.00. On average, they anticipate Navient's stock price to reach $16.00 in the next year. This suggests a possible upside of 14.3% from the stock's current price. View Analyst Price Targets for Navient.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Navient in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Navient.

Media coverage about NAVI stock has trended somewhat negative recently, according to InfoTrie. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded 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 -1.1 on InfoTrie's scale. They also gave press coverage about the credit services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Navient.

Navient saw a drop in short interest in the month of 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 short-interest ratio is currently 6.7 days. Currently, 5.3% of the shares of the stock are sold short. View Navient's Current Options Chain.

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

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), Intel (INTC), Bank of America (BAC), Ford Motor (F), Micron Technology (MU), Starbucks (SBUX) and Alibaba Group (BABA).

Navient's stock is owned by a number of of institutional and retail investors. Top institutional shareholders 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 acquired 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 $14.00.

Navient has a market capitalization of $3.09 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]