Navient (NAVI) Stock Forecast, Price & News

Navient (NASDAQ:NAVI) Frequently Asked Questions

Is Navient a buy right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Navient in the last year. There are currently 1 sell rating, 6 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Navient stock. 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.
View analyst ratings for Navient or view top-rated stocks.

Are investors shorting Navient?

Navient saw a increase in short interest in April. As of April 30th, there was short interest totaling 6,980,000 shares, an increase of 34.5% from the April 15th total of 5,190,000 shares. Based on an average daily volume of 2,260,000 shares, the days-to-cover ratio is currently 3.1 days. Approximately 4.9% of the company's shares are short sold.
View Navient's Short Interest.

When is Navient's next earnings date?

Navient is scheduled to release its next quarterly earnings announcement on Tuesday, July 26th 2022.
View our earnings forecast for Navient.

How were Navient's earnings last quarter?

Navient Co. (NASDAQ:NAVI) released its quarterly earnings data on Tuesday, April, 26th. The credit services provider reported $0.88 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.75 by $0.13. The credit services provider had revenue of $276 million for the quarter, compared to the consensus estimate of $258.20 million. Navient had a trailing twelve-month return on equity of 14.12% and a net margin of 18.20%. The firm's revenue was down 6.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.71 earnings per share.
View Navient's earnings history.

How often does Navient pay dividends? What is the dividend yield for Navient?

Navient announced a quarterly dividend on Friday, February 25th. Stockholders of record on Friday, March 4th will be given a dividend of $0.16 per share on Friday, March 18th. This represents a $0.64 annualized dividend and a yield of 4.11%. The ex-dividend date of this dividend is Thursday, March 3rd.
View Navient's dividend history.

Is Navient a good dividend stock?

Navient pays an annual dividend of $0.64 per share and currently has a dividend yield of 3.93%. The dividend payout ratio of Navient is 17.34%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Navient will have a dividend payout ratio of 20.51% next year. This indicates that Navient will be able to sustain or increase its dividend.
View Navient's dividend history.

What guidance has Navient issued on next quarter's earnings?

Navient issued an update on its FY22 earnings guidance on Tuesday, April, 26th. The company provided EPS guidance of $3.20-3.30 for the period, compared to the consensus estimate of $3.03.

What price target have analysts set for NAVI?

10 brokerages have issued 12 month target prices for Navient's shares. Their forecasts range from $17.00 to $25.00. On average, they anticipate Navient's stock price to reach $21.00 in the next year. This suggests a possible upside of 34.9% from the stock's current price.
View analysts' price targets for Navient or view top-rated stocks among Wall Street analysts.

Who are Navient's key executives?

Navient's management team includes the following people:

• Mr. John F. Remondi, Pres, CEO & Director (Age 59, Pay $2.88M)
• Mr. Joe Fisher C.F.A., Exec. VP, CFO & Principal Accounting Officer (Age 41, Pay $1.02M)
• Mr. Stephen M. Hauber, Exec. VP and Chief Risk & Compliance Officer (Age 47, Pay $1.02M) (LinkedIn Profile)
• Mr. Mark L. Heleen, Chief Legal Officer, Sec. & Exec. VP (Age 59, Pay $1.16M)
• Mr. John M. Kane, Exec. VP & Group Pres of Bus. Processing Solutions (Age 53, Pay $1.34M)
• Mr. Mike Maier, Sr. VP & Chief Information Officer
• Mr. Nathan Rutledge, Director of Investor Relations & Corp. Devel.
• Paul Hartwick, VP of Corp. Communications
• Mr. Mike Smith, Sr. VP & Chief HR Officer
• Ms. Jennifer Walker, Sr. VP & Chief Audit Officer

What is John (Jack) F. Remondi's approval rating as Navient's CEO?

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

Who are some of Navient's key competitors?

Some companies that are related to Navient include Robinhood Markets (HOOD), SEI Investments (SEIC), Jefferies Financial Group (JEF), Stifel Financial (SF), Futu (FUTU), Virtu Financial (VIRT), Freedom (FRHC), Piper Sandler Companies (PIPR), Piper Jaffray Companies (PJC), Associated Capital Group (AC), WisdomTree Investments (WETF), Cowen (COWN), UP Fintech (TIGR), GAMCO Investors (GBL) and Oppenheimer (OPY).
View all of NAVI's competitors.

What other stocks do shareholders of Navient own?

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).

What is Navient's stock symbol?

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

Who are Navient's major shareholders?

Navient's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.89%), Vanguard Group Inc. (10.01%), Dimensional Fund Advisors LP (7.72%), LSV Asset Management (4.84%), State Street Corp (3.60%) and Northern Trust Corp (1.79%). Company insiders that own Navient stock include Anna Escobedo Cabral, John F Remondi, Newbury Investors Llc, Stephen M Hauber and Stephen M Hauber.
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 Vanguard Group Inc., BlackRock Inc., Dimensional Fund Advisors LP, JPMorgan Chase & Co., Invesco Ltd., First Trust Advisors LP, Goldman Sachs Group Inc., and Federated Hermes Inc..
View insider buying and selling activity for Navient or view top insider-selling stocks.

Which institutional investors are buying Navient stock?

NAVI stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Allianz Asset Management GmbH, Russell Investments Group Ltd., Renaissance Technologies LLC, Royal Bank of Canada, American Century Companies Inc., Assenagon Asset Management S.A., and Prudential Financial Inc.. Company insiders that have bought Navient stock in the last two years include Anna Escobedo Cabral, John F Remondi, and Newbury Investors Llc.
View insider buying and selling activity for Navient or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Navient's stock price today?

One share of NAVI stock can currently be purchased for approximately $15.57.

How much money does Navient make?

Navient has a market capitalization of $2.30 billion and generates $3.45 billion in revenue each year. The credit services provider earns $717 million in net income (profit) each year or $3.689990 on an earnings per share basis.

How many employees does Navient have?

Navient employs 4,330 workers across the globe.

What is Navient's official website?

The official website for Navient is www.navient.com.

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].