Navient - NAVI Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Navient in the last twelve months. There are currently 1 sell rating and 6 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" NAVI shares. 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 NAVI analyst ratings or view top-rated stocks.

7 Wall Street analysts have issued 1 year target prices for Navient's stock. Their NAVI share price forecasts range from $12.50 to $20.00. On average, they expect the company's stock price to reach $17.40 in the next year. This suggests a possible upside of 8.8% from the stock's current price.
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Navient's stock was trading at $16.45 on January 1st, 2023. Since then, NAVI stock has decreased by 2.8% and is now trading at $15.99.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
View our NAVI earnings forecast.

Navient Co. (NASDAQ:NAVI) released its earnings results on Tuesday, January, 24th. The credit services provider reported $0.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by $0.06. The credit services provider earned $232 million during the quarter, compared to analysts' expectations of $253.74 million. Navient had a trailing twelve-month return on equity of 16.40% and a net margin of 16.80%.

Navient announced a quarterly dividend on Thursday, February 23rd. Investors of record on Friday, March 3rd will be given a dividend of $0.16 per share on Friday, March 17th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 4.00%. The ex-dividend date is Thursday, March 2nd.
Read our dividend analysis for NAVI.

ETFs with the largest weight of Navient (NASDAQ:NAVI) stock in their portfolio include Invesco S&P MidCap Value with Momentum ETF (XMVM), Invesco S&P MidCap 400 Pure Value ETF (RFV), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), Invesco S&P Ultra Dividend Revenue ETF (RDIV), First Trust Active Factor Small Cap ETF (AFSM), First Trust Active Factor Mid Cap ETF (AFMC), RiverFront Dynamic US Dividend Advantage ETF (RFDA) and First Trust Small Cap Value AlphaDEX Fund (FYT).

Navient (NASDAQ:NAVI) pays an annual dividend of $0.64 per share and currently has a dividend yield of 4.22%. NAVI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 14.48%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NAVI will have a dividend payout ratio of 20.65% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NAVI.

Navient issued an update on its FY 2023 earnings guidance on Tuesday, January, 24th. The company provided earnings per share (EPS) guidance of $3.15-$3.30 for the period, compared to the consensus earnings per share estimate of $2.92. The company issued revenue guidance of -.

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

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).

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

Navient's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Sherborne Investors Management LP (21.72%), Dimensional Fund Advisors LP (8.43%), LSV Asset Management (4.89%), Geode Capital Management LLC (1.52%), AQR Capital Management LLC (1.39%) and Lombard Odier Asset Management USA Corp (0.00%). Insiders that own company stock include Anna Escobedo Cabral, Frederick Arnold, John F Remondi, John M Kane, Laura S Unger, Mark L Heleen, Newbury Investors Llc, Stephen M Hauber and Stephen M Hauber.
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Shares of NAVI stock 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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One share of NAVI stock can currently be purchased for approximately $15.99.

Navient (NASDAQ:NAVI) has a market capitalization of $2.06 billion and generates $3.84 billion in revenue each year. The credit services provider earns $645 million in net income (profit) each year or $4.42 on an earnings per share basis.

The company employs 4,000 workers across the globe.

Navient's mailing address is 123 JUSTISON STREET, WILMINGTON DE, 19801. The official website for the company is www.navient.com. The credit services provider can be reached via phone at (302) 283-8000 or via email at stockholders@navient.com.