Navient Corporation (NAVI)
Market Cap | 1.59B |
Revenue (ttm) | 1.04B |
Net Income (ttm) | 79.00M |
Shares Out | 107.36M |
EPS (ttm) | 0.70 |
PE Ratio | 21.20 |
Forward PE | 10.74 |
Dividend | $0.64 (4.33%) |
Ex-Dividend Date | Sep 6, 2024 |
Volume | 531,627 |
Open | 14.76 |
Previous Close | 14.81 |
Day's Range | 14.75 - 15.02 |
52-Week Range | 13.71 - 19.68 |
Beta | 1.41 |
Analysts | Sell |
Price Target | 14.75 (-0.2%) |
Earnings Date | Oct 30, 2024 |
About NAVI
Navient Corporation provides technology-enabled education finance and business processing solutions for education, health care, and government clients in the United States. It operates through three segments: Federal Education Loans, Consumer Lending, and Business Processing. The company owns Federal Family Education Loan Program (FFELP) loans that are insured or guaranteed by state or not-for-profit agencies; and performs servicing on its portfolios, as well as federal education loans held by other institutions. It also owns, originates, and s... [Read more]
Financial Performance
In 2023, Navient's revenue was $1.16 billion, a decrease of -30.28% compared to the previous year's $1.66 billion. Earnings were $228.00 million, a decrease of -64.65%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for NAVI stock is "Sell." The 12-month stock price forecast is $14.75, which is a decrease of -0.20% from the latest price.
News
Navient declares fourth quarter common stock dividend
HERNDON, Va., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) announced that its board of directors approved a 2024 fourth quarter dividend of $0.16 per share on the company's common stock.
Navient Receives Champion of Board Diversity Recognition by The Forum of Executive Women
HERNDON, Va., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) has been recognized by The Forum of Executive Women as a Champion of Board Diversity. This award annually honors the top public c...
Navient Corporation (NAVI) Q3 2024 Earnings Call Transcript
Navient Corporation (NASDAQ:NAVI) Q3 2024 Results Conference Call October 30, 2024 8:00 AM ET Company Participants Jen Earyes - IR David Yowan - CEO Joe Fisher - CFO Conference Call Participants Bill...
Navient posts third quarter 2024 financial results
HERNDON, Va., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) today posted its 2024 third quarter financial results. Complete financial results are available on the company's website at Navie...
Navient Again Named a Best Place to Work for Caregivers
HERNDON, Va., Oct. 03, 2024 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) has been recognized for the third year as a Best Place to Work for Working Daughters, according to Working Daughter, a community ...
Navient to announce third quarter 2024 results, host earnings webcast Oct. 30
HERNDON, Va., Oct. 02, 2024 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) will host an audio webcast to review its 2024 third quarter financial results on Wednesday, Oct. 30, 2024, at 8:00 a.m. Eastern T...
CFPB Fines Navient $120 Million for Student Lending ‘Abuse'
Navient is exiting the federal student loan business as a regulator prepares to fine it $120 million. The company, formerly known as Sallie Mae, was sued in 2017 by the Consumer Financial Protection B...
Navient Reaches $120 Million Settlement for Student Loans. The Stock Is Rising.
In 2017, the Consumer Financial Protection Bureau sued Navient regarding its student-loan practices.
Navient will pay $100 million to student-loan borrowers in landmark settlement. Here's how you'll get your cut.
The settlement resolves a lawsuit filed by the Consumer Financial Protection Bureau in 2017, which claimed the company led borrowers astray.
Navient reaches $120 million settlement with CFPB for misleading student loan borrowers
Navient reaches $120 million settlement with CFPB for misleading student loan borrowers
Navient Resolves Legal Matters with Consumer Financial Protection Bureau
HERNDON, Va., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) today released the following statement after reaching an agreement with the Consumer Financial Protection Bureau to resolve prev...
Navient declares third quarter common stock dividend
HERNDON, Va., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) announced that its board of directors approved a 2024 third quarter dividend of $0.16 per share on the company's common stock.
Navient to sell Healthcare Services business to CorroHealth as part of ongoing plan to simplify company
Company still in discussions about potential sale of Government Services businesses Company still in discussions about potential sale of Government Services businesses
Navient Corporation (NAVI) Q2 2024 Earnings Call Transcript
Navient Corporation (NASDAQ:NAVI) Q2 2024 Earnings Call Transcript July 24, 2024 8:00 AM ET Company Participants Jen Earyes - VP, IR David Yowan - CEO Joe Fisher - CFO Conference Call Participants Ri...
Navient posts second quarter 2024 financial results
HERNDON, Va., July 24, 2024 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) today posted its 2024 second quarter financial results. Complete financial results are available on the company's website at Navi...
Navient to announce second quarter 2024 results, host earnings webcast July 24
HERNDON, Va., July 10, 2024 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) will host an audio webcast to review its 2024 second quarter financial results on Wednesday, July 24, 2024, at 8:00 a.m. Eastern ...
Navient declares second quarter common stock dividend
HERNDON, Va., May 23, 2024 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, announced that its board of directors approve...
Earnest Names Nick Norcross as Chief Product Officer
SAN FRANCISCO--(BUSINESS WIRE)--Earnest, a fintech company empowering students to maximize their financial futures, announced Nick Norcross as its new Chief Product Officer. Norcross brings nearly two...
Boys & Girls Clubs of Delaware, Navient to host May 4 college planning conference
DOVER, Del., April 25, 2024 (GLOBE NEWSWIRE) -- Boys & Girls Clubs of Delaware, a seasoned leader in youth development, and Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and...
Navient Corporation (NAVI) Q1 2024 Earnings Call Transcript
Navient Corporation (NAVI) Q1 2024 Earnings Call Transcript
Navient posts first quarter 2024 financial results
HERNDON, Va., April 24, 2024 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, today posted its 2024 first quarter financi...
Navient to announce first quarter 2024 results, host earnings webcast April 24
HERNDON, Va., April 10, 2024 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, will host an audio webcast to review its 20...
Duncan Solutions Appoints Jason Sutton as Senior Vice President, Parking and Mobility Solutions
HORSEHEADS, N.Y., April 09, 2024 (GLOBE NEWSWIRE) -- Duncan Solutions, a full-service transportation management company and a leading provider of parking and tolling management solutions, is pleased t...
Navient declares first quarter common stock dividend
HERNDON, Va., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, announced that its board of directors approv...
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