Navient Corp Company Profile (NASDAQ:NAVI)

About Navient Corp (NASDAQ:NAVI)

Navient Corp logoNavient Corporation provides asset management and business processing services to education, healthcare and government clients at the federal, state and local levels. The Company holds the portfolio of education loans insured or federally guaranteed under the Federal Family Education Loan Program (FFELP). It operates through four segments: FFELP Loans, Private Education Loans, Business Services and Other. It also holds the portfolio of Private Education Loans. It services its own portfolio of education loans, as well as education loans owned by the United States Department of Education (ED), financial institutions and nonprofit education lenders. It also provides business processing services to education-related clients, such as guaranty agencies and colleges and universities. It provides additional business processing services to a range of other clients, including federal agencies, state and local governments, healthcare systems and other healthcare providers and municipalities.

Industry, Sector and Symbol:
  • Sector: Financials
  • Industry: Consumer Lending
  • Sub-Industry: N/A
  • Symbol: NASDAQ:NAVI
  • CUSIP: N/A
  • Web: https://www.navient.com/
Capitalization:
  • Market Cap: $3.35 billion
  • Outstanding Shares: 270,769,000
Average Prices:
  • 50 Day Moving Avg: $13.58
  • 200 Day Moving Avg: $14.60
  • 52 Week Range: $11.48 - $17.95
P/E:
  • Trailing P/E Ratio: 6.83
  • Foreward P/E Ratio: 7.77
  • P/E Growth: -1.86
Sales & Book Value:
  • Annual Revenue: $1.81 billion
  • Price / Sales: 1.85
  • Book Value: $13.02 per share
  • Price / Book: 0.95
Dividend:
  • Annual Dividend: $0.64
  • Dividend Yield: 5.2%
Profitability:
  • Net Margins: 49.58%
  • Return on Equity: 19.98%
  • Return on Assets: 0.59%
Debt:
  • Debt-to-Equity Ratio: 30.58%
  • Current Ratio: 33.19%
  • Quick Ratio: 28.46%
Misc:
  • Average Volume: 3.00 million shs.
  • Beta: 2.48
  • Short Ratio: 3.55
 

Frequently Asked Questions for Navient Corp (NASDAQ:NAVI)

What is Navient Corp's stock symbol?

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

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

Navient Corp declared a quarterly dividend on Friday, August 11th. Investors of record on Friday, September 1st will be given a dividend of $0.16 per share on Friday, September 15th. This represents a $0.64 annualized dividend and a yield of 5.18%. The ex-dividend date of this dividend is Wednesday, August 30th. View Navient Corp's Dividend History.

How will Navient Corp's stock buyback program work?

Navient Corp announced that its Board of Directors has authorized a stock repurchase plan on Thursday, October 5th 2017, which authorizes the company to buyback shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback plans are often an indication that the company's management believes its shares are undervalued.

How were Navient Corp's earnings last quarter?

Navient Corp (NASDAQ:NAVI) issued its earnings results on Tuesday, October, 17th. The company reported $0.55 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.50 by $0.05. The firm had revenue of $343 million for the quarter, compared to analyst estimates of $361.33 million. Navient Corp had a return on equity of 19.98% and a net margin of 49.58%. The business's revenue for the quarter was down 15.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.50 earnings per share. View Navient Corp's Earnings History.

When will Navient Corp make its next earnings announcement?

Navient Corp is scheduled to release their next quarterly earnings announcement on Tuesday, January, 23rd 2018. View Earnings Estimates for Navient Corp.

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

Navient Corp issued an update on its fourth quarter earnings guidance on Wednesday, October, 18th. The company provided earnings per share guidance of $0.40 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.43.

Where is Navient Corp's stock going? Where will Navient Corp's stock price be in 2017?

11 brokers have issued 12 month target prices for Navient Corp's stock. Their predictions range from $14.00 to $26.00. On average, they expect Navient Corp's share price to reach $18.27 in the next twelve months. View Analyst Ratings for Navient Corp.

What are analysts saying about Navient Corp stock?

Here are some recent quotes from research analysts about Navient Corp stock:

  • 1. According to Zacks Investment Research, "Shares of Navient have underperformed the industry over the last six months. The company does not have an impressive earnings surprise history. It missed the Zacks Consensus Estimate for earnings in two of the trailing four quarters. Also, the U.S. student loan industry is currently under heightened regulatory scrutiny over alleged anti-consumer practices. Navient, which services large number of student loans, is under regulatory claims and litigation burden owing to its practices in handling loans. Recently, Pennsylvania attorney general, Josh Shapiro, has filed a lawsuit against Navient, accusing the company of engaging in deceptive lending practices, which have cost billions of dollars to borrowers. Moreover, SEC investigation is also ongoing related to possible insider trading in a particular transaction. However, it benefits from the ongoing economic recovery and remains focused on leveraging its asset recovery & processing businesses." (10/12/2017)
  • 2. Wedbush analysts commented, "We are initiating coverage on Navient Corp. (NAVI) with a NEUTRAL rating and a $16.50 price target. Navient is the student loan servicing and legacy FFELP & private student loan business spun out of Sallie Mae in 2014. While two of the company's three business lines appear to be in runoff, the company has been able to generate a significant amount of cash flows with which to pay down debt, buy back stock and pay dividends. In 2016, NAVI retired $2.6 billion in senior debt, repurchased $60 million in stock (17% of shares outstanding), and paid an annual dividend of $0.64 per share." (1/30/2017)
  • 3. Jefferies Group LLC analysts commented, "We are initiating coverage on Navient (NAVI) with a Hold rating and $18 price target. While we consider NAVI a strong company, the recent rally in the stock has converged the public equity value with our assessment of an NPV of the portfolio added to a segment value for servicing, leaving insufficient upside for a Buy, in our opinion. That said, we keep a watchful eye on ongoing expansion of the Business Services segment which may drive upside over time. We observe that NAVI is among the best capital return stories within our coverage universe, however, we assign a Hold rating as the recent rally leaves the stock near its intrinsic value. In our opinion, the equity value has converged to a level near our assessment of a sum-of-the-parts valuation. That said, we note the nearly 4% dividend yield may be attractive for income-oriented investors and we support management’s focus on capital returns. Further, NAVI continues to focus on special servicing opportunities within its Business Services segment, and incremental growth within this division could both add to earnings power and enhance the multiple over time. Sum of the parts DCF analysis supports our $18 PT. As we detail herein, when we conduct a DCF analysis of the loan portfolio, and add to this an assessed value of the servicing (Business Services) business, we conclude that an $18PT is reasonable." (12/7/2016)

Are investors shorting Navient Corp?

Navient Corp saw a increase in short interest during the month of September. As of September 29th, there was short interest totalling 9,435,701 shares, an increase of 14.1% from the September 15th total of 8,266,843 shares. Based on an average trading volume of 2,702,750 shares, the days-to-cover ratio is presently 3.5 days. Currently, 3.5% of the shares of the stock are sold short.

Who are some of Navient Corp's key competitors?

Who are Navient Corp's key executives?

Navient Corp's management team includes the folowing people:

  • William M. Diefenderfer III, Independent Chairman of the Board
  • John F. Remondi, President, Chief Executive Officer, Director
  • Christian M. Lown, Chief Financial Officer, Executive Vice President
  • John M. Kane, Group President, Asset Recovery and Business Services
  • Jeff Whorley, Group President - Asset Management and Servicing
  • Timothy Hynes, Chief Risk Officer
  • Somsak Chivavibul, Chief Decision Management Officer
  • Mark L. Heleen, Chief Legal Officer and Corporate Secretary
  • John K. Adams Jr., Independent Director
  • Anna Escobedo Cabral, Independent Director

Who owns Navient Corp stock?

Navient Corp's stock is owned by many different of institutional and retail investors. Top institutional investors include Denali Advisors LLC (0.22%), Assenagon Asset Management S.A. (0.09%), APG Asset Management N.V. (0.07%), State Treasurer State of Michigan (0.03%), Shell Asset Management Co. (0.03%) and Mutual of America Capital Management LLC (0.01%). Company insiders that own Navient Corp stock include Bates Ann Torre, Gilleland Diane Suitt, John F Remondi, John M Kane, Katherine A Lehman, Mark L Heleen and William M Diefenderfer III. View Institutional Ownership Trends for Navient Corp.

Who sold Navient Corp stock? Who is selling Navient Corp stock?

Navient Corp's stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Denali Advisors LLC and State Treasurer State of Michigan. Company insiders that have sold Navient Corp stock in the last year include Gilleland Diane Suitt and John M Kane. View Insider Buying and Selling for Navient Corp.

Who bought Navient Corp stock? Who is buying Navient Corp stock?

Navient Corp's stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Shell Asset Management Co., Eqis Capital Management Inc. and Mutual of America Capital Management LLC. Company insiders that have bought Navient Corp stock in the last two years include John F Remondi, Katherine A Lehman and Mark L Heleen. View Insider Buying and Selling for Navient Corp.

How do I buy Navient Corp stock?

Shares of Navient Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Navient Corp's stock price today?

One share of Navient Corp stock can currently be purchased for approximately $12.36.


MarketBeat Community Rating for Navient Corp (NASDAQ NAVI)
Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  189 (Vote Outperform)
Underperform Votes:  194 (Vote Underperform)
Total Votes:  383
MarketBeat's community ratings are surveys of what our community members think about Navient Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Navient Corp (NASDAQ:NAVI) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 6 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.45)
Consensus Price Target: $18.27 (47.84% upside)
Consensus Price Target History for Navient Corp (NASDAQ:NAVI)
Price Target History for Navient Corp (NASDAQ:NAVI)
Analysts' Ratings History for Navient Corp (NASDAQ:NAVI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/19/2017BMO Capital MarketsLower Price TargetMarket Perform$16.00 -> $14.00N/AView Rating Details
10/16/2017Jefferies Group LLCReiterated RatingHold$16.00N/AView Rating Details
10/16/2017Citigroup Inc.Initiated CoverageBuy$20.00N/AView Rating Details
10/5/2017Compass PointDowngradeBuy -> Neutral$16.50 -> $15.50N/AView Rating Details
10/4/2017Credit Suisse GroupLower Price TargetOutperform$16.50 -> $16.00N/AView Rating Details
7/14/2017Keefe, Bruyette & WoodsReiterated RatingBuy$20.00LowView Rating Details
6/12/2017Stifel NicolausBoost Price TargetHold$24.00 -> $26.00LowView Rating Details
4/18/2017WedbushReiterated RatingNeutral$16.50MediumView Rating Details
4/12/2017Barclays PLCSet Price TargetBuy$20.00LowView Rating Details
4/3/2017J P Morgan Chase & CoLower Price TargetNeutral$17.00 -> $16.00LowView Rating Details
1/6/2017DA DavidsonInitiated CoverageBuy$21.00N/AView Rating Details
7/20/2016Goldman Sachs Group, Inc. (The)DowngradeBuy -> Neutral$15.00N/AView Rating Details
1/3/2016Janney Montgomery ScottReiterated RatingBuyN/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Navient Corp (NASDAQ:NAVI)
Earnings by Quarter for Navient Corp (NASDAQ:NAVI)
Earnings History by Quarter for Navient Corp (NASDAQ NAVI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/23/2018        
10/17/2017Q3 2017$0.50$0.55$361.33 million$343.00 millionViewN/AView Earnings Details
7/18/2017Q2 2017$0.41$0.43$331.67 million$343.00 millionViewN/AView Earnings Details
4/18/2017Q1 2017$0.42$0.36$345.60 million$334.00 millionViewN/AView Earnings Details
1/24/2017Q416$0.44$0.43$365.50 million$378.00 millionViewN/AView Earnings Details
10/18/2016Q3$0.48$0.50$391.75 million$405.00 millionViewN/AView Earnings Details
7/19/2016Q216$0.45$0.47$406.00 million$429.00 millionViewN/AView Earnings Details
4/19/2016Q1$0.41$0.43$413.00 million$486.00 millionViewN/AView Earnings Details
1/26/2016Q4$0.49$0.48$460.20 million$445.00 millionViewListenView Earnings Details
10/20/2015Q3$0.48$0.47$466.00 million$553.00 millionViewListenView Earnings Details
7/21/2015Q215$0.40$0.40$472.00 million$549.00 millionViewListenView Earnings Details
4/21/2015Q115$0.50$0.48$497.00 million$583.00 millionViewN/AView Earnings Details
1/21/2015Q414$0.53$0.53$542.00 million$614.00 millionViewN/AView Earnings Details
10/15/2014Q314$0.52$0.52$530.00 million$912.00 millionViewN/AView Earnings Details
7/16/2014Q311$0.55$0.56$572.33 million$662.00 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Navient Corp (NASDAQ:NAVI)
2017 EPS Consensus Estimate: $1.80
2018 EPS Consensus Estimate: $1.72
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.40$0.44$0.42
Q2 20173$0.41$0.45$0.43
Q3 20173$0.50$0.53$0.52
Q4 20173$0.42$0.46$0.44
Q1 20183$0.36$0.40$0.38
Q2 20183$0.40$0.45$0.42
Q3 20183$0.43$0.50$0.47
Q4 20183$0.43$0.50$0.46
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Navient Corp (NASDAQ:NAVI)
Most Recent Dividend:9/15/2017
Annual Dividend:$0.64
Dividend Yield:5.18%
Payout Ratio:35.36% (Trailing 12 Months of Earnings)
36.78% (Based on This Year's Estimates)
40.25% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Navient Corp (NASDAQ:NAVI)

Dividend History by Quarter for Navient Corp (NASDAQ NAVI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/11/2017quarterly$0.164.68%8/30/20179/1/20179/15/2017
4/6/2017quarterly$0.164.38%5/31/20176/2/20176/16/2017
2/7/2017quarterly$0.164.17%3/1/20173/3/20173/17/2017
10/7/2016quarterly$0.164.4%11/30/201612/2/201612/16/2016
8/5/2016quarterly$0.164.4%8/31/20169/2/20169/16/2016
4/6/2016quarterly$0.165.51%6/1/20166/3/20166/17/2016
1/27/2016quarterly$0.166.76%3/2/20163/4/20163/18/2016
10/30/2015quarterly$0.164.85%12/2/201512/4/201512/18/2015
7/31/2015quarterly$0.164.08%9/2/20159/4/20159/18/2015
5/26/2015quarterly$0.163.35%6/3/20156/5/20156/19/2015
1/27/2015quarterly$0.163.23%3/4/20153/6/20153/20/2015
10/9/2014quarterly$0.153.5%12/3/201412/5/201412/19/2014
10/9/2014quarterly$0.1512/5/201412/26/2014
8/14/2014quarterly$0.153.53%9/10/20149/12/20149/26/2014
5/22/2014quarterly$0.156/4/20146/6/20146/20/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Navient Corp (NASDAQ:NAVI)
Insider Ownership Percentage: 1.68%
Institutional Ownership Percentage: 93.01%
Insider Trades by Quarter for Navient Corp (NASDAQ:NAVI)
Institutional Ownership by Quarter for Navient Corp (NASDAQ:NAVI)
Insider Trades by Quarter for Navient Corp (NASDAQ:NAVI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/26/2017John M. KaneEVPSell28,886$15.00$433,290.00View SEC Filing  
4/24/2017Gilleland Diane SuittDirectorSell5,467$15.89$86,870.63View SEC Filing  
8/19/2016William M Diefenderfer IIIDirectorSell16,300$14.20$231,460.00View SEC Filing  
7/26/2016Bates Ann TorreDirectorSell9,000$14.23$128,070.00View SEC Filing  
2/9/2016John F. RemondiCEOBuy80,000$8.79$703,200.00View SEC Filing  
2/4/2016Mark L HeleenEVPBuy3,800$9.39$35,682.00View SEC Filing  
10/30/2015Katherine A LehmanDirectorBuy2,500$13.22$33,050.00View SEC Filing  
2/6/2015John M KaneCOOSell1,402$21.38$29,974.76View SEC Filing  
2/6/2015Somsak ChivavibulCFOSell1,184$21.38$25,313.92View SEC Filing  
2/6/2015Timothy J Iv HynesInsiderSell1,118$21.38$23,902.84View SEC Filing  
2/4/2015John M KaneCOOSell1,670$20.93$34,953.10View SEC Filing  
2/4/2015Somsak ChivavibulCFOSell1,408$20.93$29,469.44View SEC Filing  
2/4/2015Timothy J Iv HynesInsiderSell1,404$20.93$29,385.72View SEC Filing  
2/3/2015John M KaneCOOSell1,735$20.60$35,741.00View SEC Filing  
2/3/2015Somsak ChivavibulCFOSell1,023$20.47$20,940.81View SEC Filing  
11/19/2014John M KaneCOOSell23,767$20.67$491,263.89View SEC Filing  
8/1/2014Barry Lawson WilliamsDirectorSell14,450$17.42$251,719.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Navient Corp (NASDAQ:NAVI)
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Navient Corp (NAVI) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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