Navient - NAVI Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Navient in the last twelve months. There are currently 1 sell rating and 5 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" NAVI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NAVI, but not buy additional shares or sell existing shares.
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6 brokerages have issued twelve-month price objectives for Navient's shares. Their NAVI share price forecasts range from $12.50 to $22.00. On average, they expect the company's stock price to reach $16.39 in the next year. This suggests that the stock has a possible downside of 1.0%.
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Navient's stock was trading at $21.22 at the beginning of the year. Since then, NAVI shares have decreased by 22.0% and is now trading at $16.56.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 24th 2023.
View our NAVI earnings forecast.

Navient Co. (NASDAQ:NAVI) posted its earnings results on Tuesday, October, 25th. The credit services provider reported $0.75 EPS for the quarter, missing analysts' consensus estimates of $0.77 by $0.02. The credit services provider earned $247 million during the quarter, compared to analyst estimates of $279.19 million. Navient had a net margin of 15.08% and a trailing twelve-month return on equity of 10.97%.

Navient announced a quarterly dividend on Wednesday, November 16th. Stockholders of record on Friday, December 2nd will be paid a dividend of $0.16 per share on Friday, December 16th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 3.86%. The ex-dividend date of this dividend is Thursday, December 1st.
Read our dividend analysis for NAVI.

Navient (NASDAQ:NAVI) pays an annual dividend of $0.64 per share and currently has a dividend yield of 3.77%. The dividend payout ratio is 17.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NAVI will have a dividend payout ratio of 22.30% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NAVI.

Navient issued an update on its FY 2022 earnings guidance on Wednesday, November, 2nd. The company provided earnings per share (EPS) guidance of $3.35-$3.45 for the period, compared to the consensus EPS estimate of $3.40. The company issued revenue guidance of -.

152 employees have rated Navient Chief Executive Officer John (Jack) F. Remondi on Glassdoor.com. John (Jack) F. Remondi has an approval rating of 90% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Navient investors own include AT&T (T), OPKO Health (OPK), General Electric (GE), QUALCOMM (QCOM), Cisco Systems (CSCO), Advanced Micro Devices (AMD), Ford Motor (F), Pfizer (PFE), Bank of America (BAC) and Intel (INTC).

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

Navient's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.92%), Vanguard Group Inc. (8.69%), Dimensional Fund Advisors LP (8.55%), LSV Asset Management (5.05%), State Street Corp (3.06%) and Jacobs Levy Equity Management Inc. (2.03%). Insiders that own company stock include Anna Escobedo Cabral, Frederick Arnold, John F Remondi, Laura S Unger, Mark L Heleen, Newbury Investors Llc, Stephen M Hauber and Stephen M Hauber.
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Shares of NAVI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of NAVI stock can currently be purchased for approximately $16.56.

Navient (NASDAQ:NAVI) has a market capitalization of $2.25 billion and generates $3.45 billion in revenue each year. The credit services provider earns $717 million in net income (profit) each year or $3.57 on an earnings per share basis.

The company employs 4,330 workers across the globe.

Navient's mailing address is 123 JUSTISON STREET, WILMINGTON DE, 19801. The official website for the company is www.navient.com. The credit services provider can be reached via phone at (302) 283-8000 or via email at stockholders@navient.com.