NASDAQ:NAVINavient Stock Price, Forecast & News

$7.94

+0.27 (+3.52 %)

(As of 06/2/2020 11:10 AM ET)

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Today's Range

$7.82

Now: $7.94▼

$8.09

50-Day Range

$6.43

MA: $7.30▼

$8.29

52-Week Range

$4.07

Now: $7.94▼

$15.67

Volume34,254 shs

Average Volume2.17 million shs

Market Capitalization$1.54 billion

P/E Ratio5.22

Dividend Yield8.60%

Beta1.88

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.

Beat the Market (BTM) Rank^™

4.3 Analyst's Opinion

Consensus Rating
Navient has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $12.67, Navient has a potential upside of 57.3% from its current price of $8.05.
Amount of Analyst Coverage
Navient has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.7 Community Rank

Outperform Votes
Navient has received 394 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Navient has received 741 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Navient has received 65.29% “underperform” votes from our community.

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.

3.3 Dividend Strength

Dividend Leadership
Navient is a leading dividend payer. It pays a dividend yield of 8.60%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Navient does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Navient is 24.24 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Navient will have a dividend payout ratio of 27.59 % next year. This indicates that Navient will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Navient insiders have bought more of their company's stock than they have sold. Specifically, they have bought $115,142.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 1.85% of the stock of Navient is held by insiders.
Percentage Held by Institutions
95.64% of the stock of Navient is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Navient are expected to grow by 5.94% in the coming year, from $2.19 to $2.32 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Navient is 5.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.66.
Price to Earnings Ratio vs. Sector
The P/E ratio of Navient is 5.30, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.97.
Price to Book Value per Share Ratio
Navient has a P/B Ratio of 0.53. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

3.16 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Security brokers & dealers

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:NAVI

Previous SymbolNASDAQ:NAVIV

CUSIPN/A

CIK1593538

Webwww.navient.com

Phone302-283-8000

Debt

Debt-to-Equity Ratio39.70

Current Ratio10.48

Quick Ratio10.48

Price-To-Earnings

Trailing P/E Ratio5.22

Forward P/E Ratio3.63

P/E GrowthN/A

Sales & Book Value

Annual Sales$5.53 billion

Price / Sales0.28

Cash Flow$3.08 per share

Price / Cash Flow2.58

Book Value$15.15 per share

Price / Book0.52

Profitability

EPS (Most Recent Fiscal Year)$2.64

Net Income$597 million

Net Margins7.24%

Return on Equity18.83%

Return on Assets0.59%

Miscellaneous

Employees5,800

Outstanding Shares193,830,000

Market Cap$1.54 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 (COVID-19) reached pandemic status according to the World Health Organization. Since then, NAVI stock has decreased by 15.2% and is now trading at $8.05. 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) issued its quarterly earnings results on Tuesday, April, 21st. The credit services provider reported $0.46 EPS for the quarter, missing the Zacks' consensus estimate of $0.72 by $0.26. The credit services provider had revenue of $297 million for the quarter, compared to analyst estimates of $287 million. Navient had a return on equity of 18.83% and a net margin of 7.24%. During the same quarter in the previous year, the firm posted $0.58 EPS. View Navient's earnings history.

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

Navient announced a quarterly dividend on Thursday, May 21st. Stockholders of record on Friday, June 5th will be given 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 7.95%. The ex-dividend date of this dividend 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 share price to reach $12.67 in the next twelve months. This suggests a possible upside of 57.3% from the stock's current price. View analysts' price targets for Navient.

Has Navient been receiving favorable news coverage?

News coverage about NAVI stock has trended very positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Navient earned a news sentiment score of 3.5 on InfoTrie's scale. They also assigned media stories about the credit services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutNavient.

Are investors shorting Navient?

Navient saw a increase in short interest in 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 currently 4.1 days. Currently, 6.5% of the shares of the company are short sold. View Navient's Current Options Chain.

Who are some of Navient's key competitors?

Some companies that are related to Navient include Virtu Financial (VIRT), Jefferies Financial Group (JEF), Stifel Financial (SF), Future Healthcare of America (FUTU), Futu (FHL), Piper Sandler Companies (PIPR), Freedom (FRHC), Associated Capital Group (AC), Waddell & Reed Financial (WDR), Piper Jaffray Companies (PJC), Wisdom Tree Investments (WETF), Cowen (COWN), Gamco Investors (GBL), Oppenheimer (OPY) and Siebert Financial (SIEB). View all 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 a number of retail and institutional investors. Top institutional investors 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 institutional 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 institutional investors are buying Navient stock?

NAVI stock was bought 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 $8.05.

How big of a company is Navient?

Navient has a market capitalization of $1.56 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 6/2/2020 by MarketBeat.com Staff