NASDAQ:NAVINavient Stock Price, Forecast & News

Navient's stock was trading at $9.49 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, NAVI shares have decreased by 27.0% and is now trading at $6.93. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Navient in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Navient.

Navient is scheduled to release its next quarterly earnings announcement on Tuesday, July 21st 2020. View our earnings forecast for Navient.

Navient will be holding an earnings conference call on Tuesday, July 21st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Navient Corp (NASDAQ:NAVI) released its quarterly earnings results on Tuesday, April, 21st. The credit services provider reported $0.46 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.72 by $0.26. The credit services provider had revenue of $297 million for the quarter, compared to analyst estimates of $287 million. Navient had a return on equity of 18.83% and a net margin of 7.24%. During the same period in the prior year, the business earned $0.58 earnings per share. View Navient's earnings history.

Navient announced a quarterly dividend on Thursday, May 21st. Investors of record on Friday, June 5th will be given a dividend of $0.16 per share on Friday, June 19th. This represents a $0.64 annualized dividend and a dividend yield of 9.24%. The ex-dividend date of this dividend is Thursday, June 4th. View Navient's dividend history.

6 Wall Street analysts have issued 12 month target prices for Navient's stock. Their forecasts range from $10.00 to $18.00. On average, they anticipate Navient's share price to reach $12.67 in the next year. This suggests a possible upside of 82.8% from the stock's current price. View analysts' price targets for Navient.

Media stories about NAVI stock have trended somewhat negative on Saturday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Navient earned a media sentiment score of -1.8 on InfoTrie's scale. They also assigned news headlines about the credit services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news about Navient.

Navient saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 13,230,000 shares, an increase of 10.0% from the May 31st total of 12,030,000 shares. Based on an average trading volume of 2,970,000 shares, the days-to-cover ratio is presently 4.5 days. Approximately 7.0% of the shares of the company are short sold. View Navient's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Navient investors own include Opko Health (OPK), Apple Hospitality REIT (APLE), AT&T (T), General Electric (GE), Intel (INTC), Ford Motor (F), Bank of America (BAC), Pfizer (PFE), Starbucks (SBUX) and Advanced Micro Devices (AMD).

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

Navient's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Eidelman Virant Capital (0.12%) and First National Bank of Mount Dora Trust Investment Services (0.01%). Company insiders that own Navient stock include Canyon Capital Advisors Llc, Frederick Arnold, Laura S Unger, Mark L Heleen 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 First National Bank of Mount Dora Trust Investment Services. View insider buying and selling activity for Navient.

NAVI stock was bought by a variety of institutional investors in the last quarter, including Eidelman Virant Capital. Company insiders that have bought Navient stock in the last two years include Frederick Arnold, Laura S Unger, and Mark L Heleen. View insider buying and selling activity 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 $6.93.

Navient has a market capitalization of $1.34 billion and generates $5.53 billion in revenue each year. The credit services provider earns $597 million in net income (profit) each year or $2.64 on an earnings per share basis. Navient employs 5,800 workers across the globe.

The official website for Navient is 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]