Navient Corporation (NAVI)

NASDAQ: NAVI · Real-Time Price · USD
14.78
-0.03 (-0.20%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.20%
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]

Industry Credit Services
Sector Financials
Founded 1973
Employees 4,500
Stock Exchange NASDAQ
Ticker Symbol NAVI
Full Company Profile

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 Statements

Analyst 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.

Price Target
$14.75
(-0.20% downside)
Analyst Consensus: Sell
Stock Forecasts

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.

7 days ago - GlobeNewsWire

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...

8 days ago - GlobeNewsWire

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...

21 days ago - Seeking Alpha

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...

22 days ago - GlobeNewsWire

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 ...

6 weeks ago - GlobeNewsWire

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...

7 weeks ago - GlobeNewsWire

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...

2 months ago - PYMNTS

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.

2 months ago - Barrons

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.

2 months ago - Market Watch

Navient reaches $120 million settlement with CFPB for misleading student loan borrowers

Navient reaches $120 million settlement with CFPB for misleading student loan borrowers

2 months ago - CNBC

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...

2 months ago - GlobeNewsWire

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.

3 months ago - GlobeNewsWire

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

3 months ago - GlobeNewsWire

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...

4 months ago - Seeking Alpha

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...

4 months ago - GlobeNewsWire

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 ...

4 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

6 months ago - Business Wire

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...

7 months ago - GlobeNewsWire

Navient Corporation (NAVI) Q1 2024 Earnings Call Transcript

Navient Corporation (NAVI) Q1 2024 Earnings Call Transcript

7 months ago - Seeking Alpha

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...

7 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

Top 5 Financial Stocks That Could Lead To Your Biggest Gains In Q1

The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.

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10 months ago - Benzinga