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. Since then, NAVI stock has decreased by 27.3% and is now trading at $6.90. 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 28th 2020. View our earnings forecast for Navient.

Navient Corp (NASDAQ:NAVI) released its quarterly earnings results on Tuesday, April, 21st. The credit services provider reported $0.46 EPS for the quarter, missing analysts' consensus estimates of $0.72 by $0.26. The credit services provider had revenue of $297 million for the quarter, compared to analysts' expectations 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 previous year, the business posted $0.58 EPS. 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 dividend on an annualized basis and a yield of 9.28%. The ex-dividend date of this dividend is Thursday, June 4th. View Navient's dividend history.

6 Wall Street analysts have issued 1-year price objectives for Navient's stock. Their forecasts range from $10.00 to $18.00. On average, they expect Navient's stock price to reach $12.67 in the next year. This suggests a possible upside of 83.6% from the stock's current price. View analysts' price targets for Navient.

News coverage about NAVI stock has trended negative recently, according to InfoTrie. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Navient earned a daily sentiment score of -2.8 on InfoTrie's scale. They also gave news articles about the credit services provider a news buzz of 7.0 out of 10, meaning that recent press coverage is likely to have an effect on the company'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 short-interest ratio is presently 4.5 days. Currently, 7.0% of the company's shares 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."

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 $6.90.

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]