NASDAQ:NAVI - Navient Stock Price, News, & Analysis

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$10.70 +0.24 (+2.29 %)
(As of 01/16/2019 01:25 PM ET)
Previous Close$10.46
Today's Range$10.59 - $10.81
52-Week Range$8.23 - $15.02
Volume96,297 shs
Average Volume2.30 million shs
Market Capitalization$2.69 billion
P/E Ratio6.00
Dividend Yield6.15%
Beta2.13
Navient Corporation provides asset management and business processing services to education, health care, and government clients at the federal, state, and local levels in the United States. The company operates in three segments: Federal Family Education Loan Program (FFELP) Loans, Private Education Loans, and Business Services. It holds the portfolio of education loans insured or guaranteed under the FFELP, as well as the portfolio of private education loans; and originates private education refinance loans. The company also services education loans owned by the United States Department of Education, financial institutions, and nonprofit education lenders. In addition, it offers asset recovery services for loans and receivables on behalf of guarantors of FFELP loans and higher education institutions. Further, the company provides asset recovery and other business processing services for federal, state, court, and municipal clients; public authorities; and health care organizations. Navient Corporation was founded in 1973 and is headquartered in Wilmington, Delaware.

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Industry, Sector and Symbol

Industry Security brokers & dealers
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:NAVI
Previous SymbolNASDAQ:NAVIV
CUSIPN/A
Phone302-283-8000

Debt

Current Ratio19.74
Quick Ratio19.74

Price-To-Earnings

Sales & Book Value

Annual Sales$5.18 billion
Price / Sales0.53
Cash Flow$2.0498 per share
Price / Cash Flow5.22
Book Value$13.25 per share
Price / Book0.81

Profitability

Net Income$292 million
Net Margins4.29%
Return on Assets0.44%

Miscellaneous

Employees6,700
Market Cap$2.69 billion
OptionableOptionable

Navient (NASDAQ:NAVI) Frequently Asked Questions

What is Navient's stock symbol?

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

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

Navient declared a quarterly dividend on Monday, November 12th. Stockholders of record on Friday, December 7th will be paid a dividend of $0.16 per share on Friday, December 21st. This represents a $0.64 dividend on an annualized basis and a dividend yield of 5.94%. The ex-dividend date of this dividend is Thursday, December 6th. View Navient's Dividend History.

How will Navient's stock buyback program work?

Navient announced that its board has approved a share buyback program on Thursday, October 5th 2017, which permits the company to buyback outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its stock is undervalued.

How were Navient's earnings last quarter?

Navient Corp (NASDAQ:NAVI) issued its quarterly earnings results on Tuesday, October, 23rd. The credit services provider reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.04. The credit services provider earned $327 million during the quarter, compared to the consensus estimate of $310.17 million. Navient had a return on equity of 13.43% and a net margin of 4.29%. The company's revenue for the quarter was down 5.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.55 EPS. View Navient's Earnings History.

When is Navient's next earnings date?

Navient is scheduled to release their next quarterly earnings announcement on Tuesday, January 22nd 2019. View Earnings Estimates for Navient.

How can I listen to Navient's earnings call?

Navient will be holding an earnings conference call on Wednesday, January 23rd at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8558384156.

What price target have analysts set for NAVI?

7 brokers have issued 12-month price targets for Navient's shares. Their forecasts range from $12.00 to $18.00. On average, they expect Navient's stock price to reach $15.1250 in the next year. This suggests a possible upside of 40.3% from the stock's current price. View Analyst Price Targets for Navient.

What is the consensus analysts' recommendation for Navient?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Navient in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Navient.

Has Navient been receiving favorable news coverage?

Media coverage about NAVI stock has trended positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by analyzing 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 impact score of 2.8 on InfoTrie's scale. They also assigned media stories about the credit services provider a news buzz of 7.0 out of 10, meaning that recent news coverage is likely to have an effect on the company's share price in the near future.

Who are some of Navient's key competitors?

Who are Navient's key executives?

Navient's management team includes the folowing people:
  • Mr. John F. Remondi, Pres, CEO & Director (Age 56)
  • Mr. Christian M. Lown, Exec. VP & CFO (Age 49)
  • Mr. Timothy J. Hynes IV, Exec. VP & Chief Information Officer (Age 49)
  • Mr. Mark L. Heleen, Chief Legal Officer, Exec. VP & Sec. (Age 56)
  • Mr. John M. Kane, Group Pres of Bus. Processing Solutions (Age 50)

Who are Navient's major shareholders?

Navient's stock is owned by a number of of institutional and retail investors. Top institutional investors include Retirement Systems of Alabama (0.12%), Louisiana State Employees Retirement System (0.02%), Cerebellum GP LLC (0.01%), First National Bank of Mount Dora Trust Investment Services (0.01%) and Virtu Financial LLC (0.00%). Company insiders that own Navient stock include Christian M Lown, Gilleland Diane Suitt, John M Kane and Stephen M Hauber. View Institutional Ownership Trends for Navient.

Which major investors are selling Navient stock?

NAVI stock was sold by a variety of institutional investors in the last quarter, including Virtu Financial LLC, First National Bank of Mount Dora Trust Investment Services, Retirement Systems of Alabama and Louisiana State Employees Retirement System. View Insider Buying and Selling for Navient.

Which major investors are buying Navient stock?

NAVI stock was acquired by a variety of institutional investors in the last quarter, including Cerebellum GP LLC. View Insider Buying and Selling for Navient.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Navient's stock price today?

One share of NAVI stock can currently be purchased for approximately $10.78.

How big of a company is Navient?

Navient has a market capitalization of $2.69 billion and generates $5.18 billion in revenue each year. The credit services provider earns $292 million in net income (profit) each year or $1.79 on an earnings per share basis. Navient employs 6,700 workers across the globe.

What is Navient's official website?

The official website for Navient is http://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]


MarketBeat Community Rating for Navient (NASDAQ NAVI)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  322 (Vote Outperform)
Underperform Votes:  352 (Vote Underperform)
Total Votes:  674
MarketBeat's community ratings are surveys of what our community members think about Navient and other stocks. Vote "Outperform" if you believe NAVI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NAVI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/16/2019 by MarketBeat.com Staff

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