NASDAQ:NAVINavient Stock Price, Forecast & News

Navient's stock was trading at $9.49 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, NAVI stock has decreased by 19.0% and is now trading at $7.69. View which stocks have been most impacted by Coronavirus.

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.

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

Navient Corp (NASDAQ:NAVI) announced its earnings results on Tuesday, April, 21st. The credit services provider reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.72 by $0.26. The credit services provider had revenue of $297 million for the quarter, compared to the consensus estimate 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 prior year, the firm earned $0.58 earnings per share. View Navient's earnings history.

Navient announced a quarterly dividend on Thursday, May 21st. Stockholders 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 8.32%. The ex-dividend date is Thursday, June 4th. View Navient's dividend history.

6 equities research analysts have issued twelve-month price objectives for Navient's shares. Their forecasts range from $10.00 to $18.00. On average, they expect Navient's share price to reach $12.67 in the next year. This suggests a possible upside of 64.7% from the stock's current price. View analysts' price targets for Navient.

News stories about NAVI stock have trended somewhat positive this week, InfoTrie reports. The research firm rates the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Navient earned a media sentiment score of 1.4 on InfoTrie's scale. They also assigned media headlines 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 impact on the company's share price in the near future. View the latest news aboutNavient.

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 daily trading volume, of 2,980,000 shares, the days-to-cover ratio is presently 4.1 days. Currently, 6.5% of the shares of the company are short sold. View Navient's Current Options Chain.

Some companies that are related to Navient include Jefferies Financial Group (JEF), Virtu Financial (VIRT), 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), Gamco Investors (GBL), Cowen (COWN), Oppenheimer (OPY) and Siebert Financial (SIEB). View all competitors.

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).

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 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.

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.

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.

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.

One share of NAVI stock can currently be purchased for approximately $7.69.

Navient has a market capitalization of $1.49 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.

The official website for Navient is www.navient.com.

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]