Navient - NAVI Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Navient in the last year. There are currently 1 sell rating, 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities 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.
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7 brokers have issued 12-month price targets for Navient's shares. Their NAVI share price forecasts range from $12.50 to $22.00. On average, they anticipate the company's share price to reach $16.79 in the next twelve months. This suggests a possible upside of 27.3% from the stock's current price.
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Navient's stock was trading at $21.22 at the start of the year. Since then, NAVI stock has decreased by 37.8% and is now trading at $13.19.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our NAVI earnings forecast.

Navient Co. (NASDAQ:NAVI) posted its quarterly earnings results on Tuesday, July, 26th. The credit services provider reported $0.92 EPS for the quarter, beating the consensus estimate of $0.79 by $0.13. The credit services provider had revenue of $271 million for the quarter, compared to the consensus estimate of $264.50 million. Navient had a net margin of 18.11% and a trailing twelve-month return on equity of 12.79%. During the same period in the previous year, the firm earned $0.94 earnings per share.

Navient announced a quarterly dividend on Thursday, August 11th. Investors of record on Friday, September 2nd will be given a dividend of $0.16 per share on Friday, September 16th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 4.85%. The ex-dividend date is Thursday, September 1st.
Read our dividend analysis for NAVI.

Navient (NASDAQ:NAVI) pays an annual dividend of $0.64 per share and currently has a dividend yield of 4.67%. NAVI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 16.58%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NAVI will have a dividend payout ratio of 21.77% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NAVI.

Navient updated its FY 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share (EPS) guidance of $3.35-$3.45 for the period, compared to the consensus earnings per share estimate of $3.21. 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 State Street Corp (3.30%), FMR LLC (2.06%), Northern Trust Corp (1.67%), Allianz Asset Management GmbH (1.60%), AQR Capital Management LLC (1.43%) and Donald Smith & CO. Inc. (0.73%). Insiders that own company stock include Anna Escobedo Cabral, Frederick Arnold, John F Remondi, 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 $13.19.

Navient (NASDAQ:NAVI) has a market capitalization of $1.87 billion and generates $3.45 billion in revenue each year. The credit services provider earns $717 million in net income (profit) each year or $3.86 on an earnings per share basis.

The company employs 4,330 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.