Navient Corporation (NAVI)

NASDAQ: NAVI · IEX Real-Time Price · USD
15.12
+0.18 (1.20%)
May 24, 2024, 4:00 PM EDT - Market closed
1.20%
Market Cap 1.69B
Revenue (ttm) 1.09B
Net Income (ttm) 190.00M
Shares Out 111.83M
EPS (ttm) 1.62
PE Ratio 9.33
Forward PE 8.13
Dividend $0.64 (4.23%)
Ex-Dividend Date Jun 7, 2024
Volume 411,379
Open 15.08
Previous Close 14.94
Day's Range 14.94 - 15.18
52-Week Range 14.10 - 19.69
Beta 1.40
Analysts Sell
Price Target 15.78 (+4.37%)
Earnings Date Apr 24, 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 $1.15 billion, a decrease of -30.76% 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 9 analysts, the average rating for NAVI stock is "Sell." The 12-month stock price forecast is $15.78, which is an increase of 4.37% from the latest price.

Price Target
$15.78
(4.37% upside)
Analyst Consensus: Sell
Stock Forecasts

News

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...

3 days 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...

16 days 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...

4 weeks ago - GlobeNewsWire

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...

4 weeks 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...

6 weeks 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...

6 weeks 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...

3 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.

Other symbols: NYCBPEBOSTELTSBK
3 months ago - Benzinga

Navient posts fourth quarter 2023 financial results

HERNDON, Va., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, today posted its 2023 fourth quarter financi...

4 months ago - GlobeNewsWire

Navient announces strategic actions following in-depth business review

HERNDON, Va., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) today announced strategic actions to simplify the company, reduce its expense base, and enhance its flexibility as a result of th...

4 months ago - GlobeNewsWire

Navient to announce fourth quarter 2023 results and provide in-depth review update on Jan. 31 webcast

HERNDON, Va., Jan. 17, 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 202...

4 months ago - GlobeNewsWire

Navient recognized as Adoption Advocate by Dave Thomas Foundation for Adoption

HERNDON, Va., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, is proud to announce that it has been recogn...

6 months ago - GlobeNewsWire

Navient declares fourth quarter common stock dividend

HERNDON, Va., Nov. 15, 2023 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, announced that its board of directors approv...

6 months ago - GlobeNewsWire

Navient Named a Top 10 Military Friendly® Employer for Supporting Military Members and Their Spouses

HERNDON, Va., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Navient has earned 2024 Military Friendly® designations from VIQTORY, publisher of G.I. Jobs® and Military Spouse Magazine®.

6 months ago - GlobeNewsWire

Navient posts third quarter 2023 financial results

HERNDON, Va., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, today posted its 2023 third quarter financia...

7 months ago - GlobeNewsWire

Navient to announce third quarter 2023 results, host earnings webcast on Oct. 25

HERNDON, Va., Oct. 11, 2023 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, will host an audio webcast to review its 202...

8 months ago - GlobeNewsWire

4 Top Banks Stocks As Student Loan Payments Resume

After more than a three-year hiatus, those who are part of the more than $1.7 trillion in outstanding student loan debt now need to resume payments that were halted. While some financial institutions ...

Other symbols: GSJPMSTT
8 months ago - Forbes

Student Loan Stocks Drop Ahead of Restart of Payments

Stocks of companies related to student loans have experienced a drop in value ahead of the restart of student loan payments after a three-year pause and amid the Biden administration's efforts to canc...

Other symbols: NNISLMSOFI
8 months ago - PYMNTS

Navient Receives Ninth Champion of Board Diversity Recognition by The Forum of Executive Women

Navient recognized as one of 37 companies in Greater Philadelphia paving the way for gender equity Navient recognized as one of 37 companies in Greater Philadelphia paving the way for gender equity

8 months ago - GlobeNewsWire

Navient Named a Best Place to Work for Caregivers

HERNDON, Va., Sept. 27, 2023 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, has been recognized for the second year as ...

8 months ago - GlobeNewsWire

Navient declares third quarter common stock dividend

HERNDON, Va., Aug. 10, 2023 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, announced that its board of directors approv...

10 months ago - GlobeNewsWire

Navient posts second quarter 2023 financial results

HERNDON, Va., July 26, 2023 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, today posted its 2023 second quarter financi...

10 months ago - GlobeNewsWire

Navient to announce second quarter 2023 results, host earnings webcast on July 26

HERNDON, Va., July 11, 2023 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, will host an audio webcast to review its 202...

11 months ago - GlobeNewsWire

How Supreme Court's student loan decision will impact a certain group of stocks

Dominick Gabriele, Oppenheimer executive director, and Kristina Partsinevelos, join ‘The Exchange' to discuss how Supreme Court's decision to strike down Biden's student loan forgiveness plan will imp...

Other symbols: AXPGPNMASOFIV
11 months ago - CNBC Television

Navient completes plans for orderly LIBOR transition

WILMINGTON, Del., June 05, 2023 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, announced that it plans to transition ou...

1 year ago - GlobeNewsWire