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NASDAQ:NAVINavient Stock Price, Forecast & News

$7.75
+0.44 (+6.02 %)
(As of 05/27/2020 04:00 PM ET)
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Today's Range
$7.43
Now: $7.75
$7.78
50-Day Range
$6.43
MA: $7.31
$8.29
52-Week Range
$4.07
Now: $7.75
$15.67
Volume3.21 million shs
Average Volume2.66 million shs
Market Capitalization$1.50 billion
P/E Ratio5.10
Dividend Yield8.76%
Beta1.91
Navient Corporation provides education loan management and business processing solutions for education, healthcare, and government clients at the federal, state, and local levels in the United States. It operates in three segments: Federal Education Loans, Consumer Lending, and Business Processing. The company holds and acquires Federal Family Education Loan Program loans that are insured or guaranteed by state or not-for-profit agencies; and performs servicing and asset recovery services on its own loan portfolio, and federal education loans owned by the United States Department of Education and other institutions. It also holds, originates, and acquires consumer loans; and performs servicing activities on its own education loan portfolio, including primarily private education loans, and private education refinance loans. In addition, the company offers revenue cycle management and business processing services; and healthcare services that include revenue cycle outsourcing, accounts receivable management, extended business office support, and consulting engagement for federal, state, and municipal clients; public authorities; and healthcare organizations. Further, it provides customizable solutions for its clients that include non-profit/religious-affiliated hospital systems, teaching hospitals, urban medical centers, for-profit healthcare systems, critical access hospitals, children's hospitals, and various physician groups. The company was founded in 1973 and is headquartered in Wilmington, Delaware.
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Beat the Market (BTM) Rank

Analyst Opinion: 4.3Community Rank: 1.7Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

3.16 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$5.53 billion
Cash Flow$3.20 per share
Book Value$10.57 per share

Profitability

Net Income$597 million

Miscellaneous

Employees5,800
Market Cap$1.50 billion
Next Earnings Date7/28/2020 (Estimated)
OptionableOptionable

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Navient (NASDAQ:NAVI) Frequently Asked Questions

How has Navient's stock been impacted by COVID-19 (Coronavirus)?

Navient's stock was trading at $9.49 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, NAVI stock has decreased by 18.3% and is now trading at $7.75. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Navient?

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.

When is Navient's next earnings date?

Navient is scheduled to release its next quarterly earnings announcement on Tuesday, July 28th 2020. View our earnings forecast for Navient.

How were Navient's earnings last quarter?

Navient Corp (NASDAQ:NAVI) announced its quarterly earnings results on Tuesday, April, 21st. The credit services provider reported $0.46 earnings per share for the quarter, missing analysts' consensus estimates 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 business earned $0.58 earnings per share. View Navient's earnings history.

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

Navient declared a quarterly dividend on Thursday, May 21st. Investors of record on Friday, June 5th will be paid a dividend of $0.16 per share on Friday, June 19th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 8.26%. The ex-dividend date is Thursday, June 4th. View Navient's dividend history.

What price target have analysts set for NAVI?

6 Wall Street analysts have issued 1 year target prices 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 63.4% from the stock's current price. View analysts' price targets for Navient.

Has Navient been receiving favorable news coverage?

News headlines about NAVI stock have trended somewhat positive this week, according to InfoTrie Sentiment. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Navient earned a news sentiment score of 1.6 on InfoTrie's scale. They also gave press coverage about the credit services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutNavient.

Are investors shorting Navient?

Navient saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 12,290,000 shares, an increase of 8.0% from the April 30th total of 11,380,000 shares. Based on an average trading volume of 2,980,000 shares, the short-interest ratio is presently 4.1 days. Approximately 6.5% of the company's stock are sold short. View Navient's Current Options Chain.

Who are some of Navient's key 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 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).

Who are Navient's key executives?

Navient's management team includes the following people:
  • Mr. John F. Remondi, Pres, CEO & Director (Age 56)
  • Mr. Christian M. Lown, CFO & Exec. VP (Age 49)
  • Mr. Stephen M. Hauber, Chief Risk & Compliance Officer (Age 44)
  • Mr. Mark L. Heleen, Chief Legal Officer, Sec. & Exec. VP (Age 56)
  • Mr. John M. Kane, Group Pres of Bus. Processing Solutions (Age 50)

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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.06%), State Street Corp (2.79%), AJO LP (2.54%), Invesco Ltd. (2.31%), Bank of New York Mellon Corp (1.87%) and Robeco Institutional Asset Management B.V. (1.58%). 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.

Which major investors are selling Navient stock?

NAVI stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Geode Capital Management LLC, Invesco Ltd., Morgan Stanley, Morgan Stanley, Nuveen Asset Management LLC, First Trust Advisors LP, and AJO LP. View insider buying and selling activity for Navient.

Which major investors are buying Navient stock?

NAVI stock was acquired by a variety of institutional investors in the last quarter, including Capital World Investors, AQR Capital Management LLC, Aperio Group LLC, JPMorgan Chase & Co., Matarin Capital Management LLC, Schroder Investment Management Group, Parametric Portfolio Associates LLC, and Alyeska Investment Group L.P.. 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.

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, Robinhood, Fidelity, and Charles Schwab.

What is Navient's stock price today?

One share of NAVI stock can currently be purchased for approximately $7.75.

How big of a company is Navient?

Navient has a market capitalization of $1.50 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.

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]

This page was last updated on 5/28/2020 by MarketBeat.com Staff

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