NASDAQ:NAVINavient Stock Price, Forecast & News

Navient's stock was trading at $9.49 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, NAVI shares have decreased by 21.9% and is now trading at $7.41. 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) posted its quarterly earnings data on Tuesday, April, 21st. The credit services provider reported $0.46 EPS for the quarter, missing the Zacks' consensus estimate of $0.72 by $0.26. The credit services provider earned $297 million during the quarter, compared to the consensus estimate of $287 million. Navient had a net margin of 7.24% and a return on equity of 18.83%. During the same period last year, the company posted $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 8.64%. The ex-dividend date of this dividend is Thursday, June 4th. View Navient's dividend history.

6 analysts have issued 12-month price objectives 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 twelve months. This suggests a possible upside of 70.9% from the stock's current price. View analysts' price targets for Navient.

Media stories about NAVI stock have trended positive recently, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Navient earned a news sentiment score of 2.1 on InfoTrie's scale. They also assigned press coverage about the credit services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. 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 daily volume of 2,970,000 shares, the short-interest ratio is currently 4.5 days. Approximately 7.0% of the company's stock 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), Piper Jaffray Companies (PJC), Associated Capital Group (AC), 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 institutional and retail investors. Top institutional investors include Eidelman Virant Capital (0.12%), MERIAN GLOBAL INVESTORS UK Ltd (0.05%), Louisiana State Employees Retirement System (0.02%) 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 MERIAN GLOBAL INVESTORS UK Ltd, and First National Bank of Mount Dora Trust Investment Services. View insider buying and selling activity for Navient.

NAVI stock was purchased by a variety of institutional investors in the last quarter, including Eidelman Virant Capital, and Louisiana State Employees Retirement System. 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 $7.41.

Navient has a market capitalization of $1.44 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]