NASDAQ:NAVI - Navient Stock Price, News & Analysis

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

Navient announced a quarterly dividend on Thursday, August 8th. Investors of record on Friday, September 6th will be paid a dividend of $0.16 per share on Friday, September 20th. This represents a $0.64 annualized dividend and a yield of 4.87%. The ex-dividend date of this dividend is Thursday, September 5th. View Navient's Dividend History.

Navient declared that its Board of Directors has authorized a stock repurchase plan on Thursday, October 5th 2017, which permits the company to repurchase shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company's board of directors believes its stock is undervalued.

Navient Corp (NASDAQ:NAVI) announced its earnings results on Tuesday, July, 23rd. The credit services provider reported $0.74 EPS for the quarter, beating the Zacks' consensus estimate of $0.54 by $0.20. The credit services provider had revenue of $296 million for the quarter, compared to analysts' expectations of $296.50 million. Navient had a net margin of 8.14% and a return on equity of 16.82%. Navient's revenue was down 7.2% on a year-over-year basis. During the same quarter last year, the business earned $0.52 EPS. View Navient's Earnings History.

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

7 brokers have issued 1-year price objectives for Navient's shares. Their predictions range from $14.50 to $18.00. On average, they expect Navient's share price to reach $16.20 in the next twelve months. This suggests a possible upside of 23.4% 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 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Navient.

Media coverage about NAVI stock has trended negative on Monday, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Navient earned a media sentiment score of -2.3 on InfoTrie's scale. They also assigned media coverage about the credit services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Navient.

Navient saw a decrease in short interest in July. As of July 15th, there was short interest totalling 10,494,500 shares, a decrease of 7.9% from the June 15th total of 11,395,800 shares. Based on an average daily trading volume, of 1,670,000 shares, the short-interest ratio is currently 6.3 days. Approximately 4.4% of the shares of the stock are sold short. View Navient's Current Options Chain.

Some companies that are related to Navient include Nomura (NMR), Raymond James (RJF), SEI Investments (SEIC), Jefferies Financial Group (JEF), Stifel Financial (SF), Virtu Financial (VIRT), Futu (FHL), Waddell & Reed Financial (WDR), Piper Jaffray Companies (PJC), Wisdom Tree Investments (WETF), Associated Capital Group (AC), Freedom (FRHC), 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), Ford Motor (F), Starbucks (SBUX), Bank of America (BAC), CVS Health (CVS) and Micron Technology (MU).

Navient's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.32%), Barrow Hanley Mewhinney & Strauss LLC (9.48%), BlackRock Inc. (9.14%), LSV Asset Management (3.08%), Prudential Financial Inc. (1.85%) and Invesco Ltd. (1.76%). Company insiders that own Navient stock include Canyon Capital Advisors Llc, Christian M Lown, John M Kane 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 Barrow Hanley Mewhinney & Strauss LLC, BlackRock Inc., D. E. Shaw & Co. Inc., Capital Fund Management S.A., Vanguard Group Inc., Russell Investments Group Ltd., Morgan Stanley and Man Group plc. 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 purchased by a variety of institutional investors in the last quarter, including Invesco Ltd., Cooperman Leon G, Nuveen Asset Management LLC, WBI Investments Inc., Prudential Financial Inc., First Trust Advisors LP, Skandinaviska Enskilda Banken AB publ and Crestline Management LP. 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, Scottrade, Fidelity and Charles Schwab.

One share of NAVI stock can currently be purchased for approximately $13.13.

Navient has a market capitalization of $3.03 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]