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About Navient (NASDAQ:NAVI)
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.
Industry, Sector and Symbol
Industry Security brokers & dealers
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:NAVI
CUSIPN/A
Phone302-283-8000
Debt
Debt-to-Equity Ratio28.03
Current Ratio21.07
Quick Ratio20.41
Price-To-Earnings
Trailing P/E Ratio8.12
Forward P/E Ratio7.77
P/E Growth1.28
Sales & Book Value
Annual Sales$5.18 billion
Price / Sales0.74
Cash Flow$2.0153 per share
Price / Cash7.21
Book Value$13.86 per share
Price / Book1.05
Profitability
EPS (Most Recent Fiscal Year)$1.79
Net Income$292 million
Net Margins6.43%
Return on Equity13.91%
Return on Assets0.43%
Miscellaneous
Employees6,700
Outstanding Shares264,610,000
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 announced a quarterly dividend on Wednesday, April 4th. Investors of record on Friday, June 1st will be paid a dividend of $0.16 per share on Friday, June 15th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 4.40%. The ex-dividend date is Thursday, May 31st. View Navient's Dividend History.
How will Navient's stock buyback program work?
Navient announced that its Board of Directors has authorized a share buyback program on Thursday, October 5th 2017, which allows the company to repurchase outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company's leadership believes its stock is undervalued.
How were Navient's earnings last quarter?
Navient Corp (NASDAQ:NAVI) issued its quarterly earnings data on Tuesday, April, 24th. The credit services provider reported $0.43 EPS for the quarter, topping the consensus estimate of $0.41 by $0.02. The credit services provider had revenue of $329 million for the quarter, compared to the consensus estimate of $313 million. Navient had a net margin of 6.43% and a return on equity of 13.91%. During the same quarter in the previous year, the company earned $0.37 earnings per share. View Navient's Earnings History.
When is Navient's next earnings date?
What price target have analysts set for NAVI?
11 brokerages have issued 12-month target prices for Navient's shares. Their predictions range from $14.00 to $26.00. On average, they anticipate Navient's share price to reach $18.00 in the next year. View Analyst Ratings for Navient.
Who are some of Navient's key competitors?
Some companies that are related to Navient include Raymond James (RJF), SEI Investments (SEIC), MarketAxess (MKTX), Virtu Financial (VIRT), Stifel (SF), WisdomTree Investments (WETF), Waddell & Reed Financial (WDR), Piper Jaffray Companies (PJC), Associated Capital Group (AC), GAMCO Investors (GBL), Investment Technology Group (ITG), Greenhill & Co., Inc. (GHL), Cowen Group (COWN), Oppenheimer (OPY) and Siebert Financial (SIEB).
Who are Navient's key executives?
Navient's management team includes the folowing people:
- Mr. John F. Remondi, Pres, CEO & Director (Age 55)
- Mr. Timothy J. Hynes IV, Exec. VP of Consumer Lending (Age 48)
- Mr. John M. Kane, Group Pres of Bus. Processing Solutions (Age 49)
- Mr. John F. Whorley Jr., Group Pres of Asset Management and Servicing (Age 56)
- Mr. Christian M. Lown, Exec. VP & CFO (Age 48)
Has Navient been receiving favorable news coverage?
News headlines about NAVI stock have trended somewhat positive on Friday, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Navient earned a news impact score of 0.12 on Accern's scale. They also gave news headlines about the credit services provider an impact score of 46.66 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.
Who are Navient's major shareholders?
Navient's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Barrow Hanley Mewhinney & Strauss LLC (10.59%), Canyon Capital Advisors LLC (7.61%), Boston Partners (6.74%), BlackRock Inc. (6.43%), Dimensional Fund Advisors LP (4.48%) and Prudential Financial Inc. (2.81%). Company insiders that own Navient stock include Bates Ann Torre, Christian M Lown, Gilleland Diane Suitt, John M Kane, Stephen M Hauber and William M Diefenderfer III. 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 Legal & General Group Plc, Barrow Hanley Mewhinney & Strauss LLC, JPMorgan Chase & Co., BlackRock Inc., Millennium Management LLC, UBS Group AG, Northern Trust Corp and Alps Advisors Inc.. Company insiders that have sold Navient company stock in the last year include John M Kane and Stephen M Hauber. View Insider Buying and Selling for Navient.
Which institutional investors are buying Navient stock?
NAVI stock was purchased by a variety of institutional investors in the last quarter, including Canyon Capital Advisors LLC, Eaton Vance Management, Prudential Financial Inc., EJF Capital LLC, Dimensional Fund Advisors LP, Robeco Institutional Asset Management B.V., Todd Asset Management LLC and Boston Partners. 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 $14.53.
How big of a company is Navient?
Navient has a market capitalization of $3.81 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.
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 (NAVI)
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.
Navient (NASDAQ:NAVI) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
11 Wall Street analysts have issued ratings and price targets for Navient in the last 12 months. Their average twelve-month price target is $18.00, suggesting that the stock has a possible upside of 23.88%. The high price target for NAVI is $26.00 and the low price target for NAVI is $14.00. There are currently 1 sell rating, 5 hold ratings and 5 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 2.36 | 2.36 | 2.25 | 2.45 |
| Ratings Breakdown: | 1 Sell Rating(s)
5 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
5 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
7 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
6 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $18.00 | $18.00 | $17.60 | $18.00 |
| Price Target Upside: | 23.88% upside | 40.19% upside | 21.30% upside | 49.01% upside |
Navient (NASDAQ:NAVI) Consensus Price Target History
Navient (NASDAQ:NAVI) Analyst Ratings History
Show:
(Data available from 5/25/2016 forward)
Navient (NASDAQ:NAVI) Dividend Information
Navient pays an annual dividend of $0.64 per share, with a dividend yield of 4.40%. NAVI's next quarterly dividend payment will be made on Friday, June 15. Navient pays out 35.75% of its earnings out as a dividend.
| Next Dividend: | 6/15/2018 |
| Annual Dividend: | $0.64 |
| Dividend Yield: | 4.40% |
| Payout Ratio(s): | 35.75% (Trailing 12 Months of Earnings)
34.22% (Based on This Year's Estimates)
33.33% (Based on Next Year's Estimates)
31.76% (Based on Cash Flow)
|
Navient (NASDAQ:NAVI) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 4/4/2018 | quarterly | $0.16 | 4.98% | 5/31/2018 | 6/1/2018 | 6/15/2018 |
| 2/6/2018 | quarterly | $0.16 | 4.65% | 3/1/2018 | 3/2/2018 | 3/16/2018 |
| 11/14/2017 | Quarterly | $0.16 | 5.08% | 11/30/2017 | 12/1/2017 | 12/15/2017 |
| 8/11/2017 | quarterly | $0.16 | 4.68% | 8/30/2017 | 9/1/2017 | 9/15/2017 |
| 4/6/2017 | quarterly | $0.16 | 4.38% | 5/31/2017 | 6/2/2017 | 6/16/2017 |
| 2/7/2017 | quarterly | $0.16 | 4.17% | 3/1/2017 | 3/3/2017 | 3/17/2017 |
| 10/7/2016 | quarterly | $0.16 | 4.4% | 11/30/2016 | 12/2/2016 | 12/16/2016 |
| 8/5/2016 | quarterly | $0.16 | 4.4% | 8/31/2016 | 9/2/2016 | 9/16/2016 |
| 4/6/2016 | quarterly | $0.16 | 5.51% | 6/1/2016 | 6/3/2016 | 6/17/2016 |
| 1/27/2016 | quarterly | $0.16 | 6.76% | 3/2/2016 | 3/4/2016 | 3/18/2016 |
| 10/30/2015 | quarterly | $0.16 | 4.85% | 12/2/2015 | 12/4/2015 | 12/18/2015 |
| 7/31/2015 | quarterly | $0.16 | 4.08% | 9/2/2015 | 9/4/2015 | 9/18/2015 |
| 5/26/2015 | quarterly | $0.16 | 3.35% | 6/3/2015 | 6/5/2015 | 6/19/2015 |
| 1/27/2015 | quarterly | $0.16 | 3.23% | 3/4/2015 | 3/6/2015 | 3/20/2015 |
| 10/9/2014 | quarterly | $0.15 | 3.5% | 12/3/2014 | 12/5/2014 | 12/19/2014 |
| 10/9/2014 | quarterly | $0.15 | | | 12/5/2014 | 12/26/2014 |
| 8/14/2014 | quarterly | $0.15 | 3.53% | 9/10/2014 | 9/12/2014 | 9/26/2014 |
| 5/22/2014 | quarterly | $0.15 | | 6/4/2014 | 6/6/2014 | 6/20/2014 |
(Data available from 1/1/2013 forward)
Navient (NASDAQ NAVI) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.68%
Institutional Ownership Percentage: 96.97%
Navient (NASDAQ NAVI) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 1/29/2018 | Stephen M. Hauber | SVP | Sell | 17,423 | $14.40 | $250,891.20 | |  |
| 10/20/2017 | Christian M. Lown | CFO | Buy | 6,000 | $12.35 | $74,100.00 | | |
| 9/26/2017 | John M. Kane | EVP | Sell | 28,886 | $15.00 | $433,290.00 | | |
| 4/24/2017 | Gilleland Diane Suitt | Director | Sell | 5,467 | $15.89 | $86,870.63 | | |
| 8/19/2016 | William M Diefenderfer III | Director | Sell | 16,300 | $14.20 | $231,460.00 | 88,737 | |
| 7/26/2016 | Bates Ann Torre | Director | Sell | 9,000 | $14.23 | $128,070.00 | | |
| 2/9/2016 | John F. Remondi | CEO | Buy | 80,000 | $8.79 | $703,200.00 | 1,409,232 | |
| 2/4/2016 | Mark L Heleen | EVP | Buy | 3,800 | $9.39 | $35,682.00 | 91,519 | |
| 10/30/2015 | Katherine A Lehman | Director | Buy | 2,500 | $13.22 | $33,050.00 | 9,629 | |
| 2/6/2015 | John M Kane | COO | Sell | 1,402 | $21.38 | $29,974.76 | | |
| 2/6/2015 | Somsak Chivavibul | CFO | Sell | 1,184 | $21.38 | $25,313.92 | | |
| 2/6/2015 | Timothy J Iv Hynes | Insider | Sell | 1,118 | $21.38 | $23,902.84 | | |
| 2/4/2015 | John M Kane | COO | Sell | 1,670 | $20.93 | $34,953.10 | | |
| 2/4/2015 | Somsak Chivavibul | CFO | Sell | 1,408 | $20.93 | $29,469.44 | | |
| 2/4/2015 | Timothy J Iv Hynes | Insider | Sell | 1,404 | $20.93 | $29,385.72 | | |
| 2/3/2015 | John M Kane | COO | Sell | 1,735 | $20.60 | $35,741.00 | | |
| 2/3/2015 | Somsak Chivavibul | CFO | Sell | 1,023 | $20.47 | $20,940.81 | | |
| 11/19/2014 | John M Kane | COO | Sell | 23,767 | $20.67 | $491,263.89 | | |
| 8/1/2014 | Barry Lawson Williams | Director | Sell | 14,450 | $17.42 | $251,719.00 | | |
(Data available from 1/1/2013 forward)
Navient (NASDAQ NAVI) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Navient to Make First Data Its Technology Solutions Partner
finance.yahoo.com - May 24 at 5:29 PM |
| Why Is Navient (NAVI) Up 6.7% Since Its Last Earnings Report?
finance.yahoo.com - May 24 at 5:29 PM |
| Navient reelects board at annual shareholder meeting
finance.yahoo.com - May 24 at 5:29 PM |
| First Data & Navient Ink Deal for Student Loan Technology
finance.yahoo.com - May 24 at 5:29 PM |
 | $309.00 Million in Sales Expected for Navient Corp (NAVI) This Quarter
www.americanbankingnews.com - May 24 at 9:05 AM |
 | BRIEF-First Data And Navient Announce Agreement On Student Loan Technology
www.reuters.com - May 23 at 5:25 PM |
| Navient Benefits From Diversification, Legal Costs Rise
finance.yahoo.com - May 22 at 5:02 PM |
| Navient Corp (NAVI) Expected to Announce Earnings of $0.47 Per Share
www.americanbankingnews.com - May 22 at 1:16 AM |
 | Bank Notes: Business advocates push back in CFPB's lawsuit against Navient
www.bizjournals.com - May 21 at 8:27 AM |
| Bank Notes: Business advocates push back in CFPB's lawsuit against Navient
finance.yahoo.com - May 21 at 8:26 AM |
| Navient Foundation supports local family homeless shelter
finance.yahoo.com - May 17 at 6:06 PM |
 | 15 dividend stocks whose 4%-plus yields beat Treasury bonds
www.marketwatch.com - May 16 at 5:27 PM |
| Navient CFO to present at Barclays High Yield Bond and Syndicated Loan Conference 2018 on May 22
finance.yahoo.com - May 15 at 5:39 PM |
 | Consumer advocates slam Mulvaney's decision to shutter CFPB's student office
abcnews.go.com - May 11 at 8:46 AM |
| CFPB makes major changes to student loan office — advocates worry it will be ‘open season’ on borrowers
finance.yahoo.com - May 9 at 5:23 PM |
| Navient recognized for gender diversity on its board
finance.yahoo.com - May 8 at 5:27 PM |
| Navient honors information security employees with company leadership awards
finance.yahoo.com - May 8 at 5:27 PM |
 | Yes, It's Bad. Robocalls, and Their Scams, Are Surging.
www.nytimes.com - May 6 at 7:29 PM |
| Head-To-Head Comparison: Stifel (SF) vs. Navient (NAVI)
www.americanbankingnews.com - May 6 at 1:07 PM |
| Navient Corp (NAVI) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - May 6 at 10:04 AM |
| He had $55,000 in student loans, now he owes $330,000 ... Here's how it happened
finance.yahoo.com - May 5 at 5:29 PM |
| BRIEF-Canyon Capital Advisors Reports A 9.6 Pct Stake In Navient Corp As Of May 2
www.reuters.com - May 5 at 8:40 AM |
| $0.47 EPS Expected for Navient Corp (NAVI) This Quarter
www.americanbankingnews.com - May 4 at 5:20 PM |
 | Cleaning Up After Richard Cordray
www.wsj.com - May 2 at 8:32 AM |
| [$$] Cleaning Up After Richard Cordray
finance.yahoo.com - May 2 at 8:32 AM |
| Navient Foundation supports Indiana food banks
finance.yahoo.com - May 1 at 5:09 PM |
| Q2 2018 EPS Estimates for Navient Corp Raised by Jefferies Group (NAVI)
www.americanbankingnews.com - April 30 at 1:38 AM |
| Q2 2018 Earnings Forecast for Navient Corp Issued By Oppenheimer (NAVI)
www.americanbankingnews.com - April 30 at 1:38 AM |
| Navient (NAVI) Upgraded by BidaskClub to "Hold"
www.americanbankingnews.com - April 28 at 7:40 AM |
| Ally Financial's (ALLY) Stock Down Despite Q1 Earnings Beat
finance.yahoo.com - April 27 at 5:08 PM |
| FY2019 EPS Estimates for Navient Corp (NAVI) Boosted by Oppenheimer
www.americanbankingnews.com - April 27 at 10:26 AM |
 | Free Research Reports on These Credit Services Stocks -- MoneyGram, Navient, Oaktree Specialty Lending and On ...
www.prnewswire.com - April 26 at 8:26 AM |
| Edited Transcript of NAVI earnings conference call or presentation 25-Apr-18 12:00pm GMT
finance.yahoo.com - April 26 at 8:26 AM |
| New York Community Bancorp (NYCB) Q1 Earnings Meet Estimates
finance.yahoo.com - April 26 at 8:26 AM |
 | Navient's (NAVI) CEO Jack Remondi on Q1 2018 Results - Earnings Call Transcript
seekingalpha.com - April 25 at 5:21 PM |
| Navient Corp 2018 Q1 - Results - Earnings Call Slides
seekingalpha.com - April 25 at 5:21 PM |
| SLM Student Loan Trust 2012-5 -- Moody's upgrades one tranche from a Navient FFELP securitization
finance.yahoo.com - April 25 at 5:21 PM |
| Navient (NAVI) Q1 Earnings Miss on Low Non-Interest Income
finance.yahoo.com - April 25 at 5:21 PM |
| Navient Corp to Host Earnings Call
finance.yahoo.com - April 25 at 8:30 AM |
| Navient (NAVI) Posts Quarterly Earnings Results, Beats Estimates By $0.02 EPS
www.americanbankingnews.com - April 24 at 6:32 PM |
| BRIEF-Navient Qtrly Core Earnings Per Share $0.40
www.reuters.com - April 24 at 5:27 PM |
| Navient: 1Q Earnings Snapshot
finance.yahoo.com - April 24 at 5:27 PM |
| Navient posts first quarter 2018 financial results
finance.yahoo.com - April 24 at 5:27 PM |
| Community runners join with Team Navient to support local fire department
finance.yahoo.com - April 23 at 5:05 PM |
| Navient (NAVI) Rating Lowered to Sell at BidaskClub
www.americanbankingnews.com - April 20 at 11:39 AM |
| Navient Corp (NAVI) Expected to Post Quarterly Sales of $313.00 Million
www.americanbankingnews.com - April 19 at 2:50 AM |
| Report: Majority of millennials are on top of their finances
finance.yahoo.com - April 18 at 5:36 PM |
| Navient (NAVI) Cut to Hold at Zacks Investment Research
www.americanbankingnews.com - April 18 at 12:50 PM |
| $0.42 Earnings Per Share Expected for Navient Corp (NAVI) This Quarter
www.americanbankingnews.com - April 17 at 3:50 PM |
| BlackRock (BLK) and Navient (NAVI) Financial Analysis
www.americanbankingnews.com - April 17 at 9:21 AM |
Navient (NASDAQ:NAVI) SEC Filings
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Navient (NASDAQ:NAVI) Income Statement, Balance Sheet and Cash Flow Statement
Navient (NASDAQ NAVI) Stock Chart for Friday, May, 25, 2018
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