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Navient Corporation (NAVI)

NASDAQ: NAVI · IEX Real-Time Price · USD
20.00
+0.02 (0.10%)
After-hours:Oct 22, 2021 7:15 PM EDT
19.98
0.07 (0.35%)
At close: Oct 22, 4:00 PM
Market Cap3.35B
Revenue (ttm)2.26B
Net Income (ttm)947.00M
Shares Out174.00M
EPS (ttm)5.10
PE Ratio3.92
Forward PE6.77
Dividend$0.64 (3.20%)
Ex-Dividend DateSep 2, 2021
Volume991,306
Open19.96
Previous Close19.91
Day's Range19.89 - 20.33
52-Week Range7.54 - 23.80
Beta1.87
AnalystsBuy
Price Target21.45 (+7.4%)
Est. Earnings DateOct 26, 2021

About NAVI

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 through four segments: Federal Education Loans, Consumer Lending, Business Processing, and Other. The company owns 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 owne...

IndustryConsumer Finance
Founded1973
CEOJohn Remondi
Employees5,560
Stock ExchangeNASDAQ
Ticker SymbolNAVI
Full Company Profile

Financial Performance

In 2020, Navient's revenue was $1.53 billion, a decrease of -14.36% compared to the previous year's $1.78 billion. Earnings were $412.00 million, a decrease of -30.99%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for Navient stock is "Buy." The 12-month stock price forecast is 21.45, which is an increase of 7.36% from the latest price.

Price Target
$21.45
(7.36% upside)
Analyst Consensus: Buy

News

What's in the Offing for Navient (NAVI) This Earnings Season?

Navient's (NAVI) Q3 earnings are likely to reflect the negative impact of low-rate environment and decreased non-interest income.

2 days ago - Zacks Investment Research

Navient receives approval to transfer Department of Education servicing contract to Maximus

WILMINGTON, Del., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) announced today that its proposal to transfer the loan servicing of 5.6 million Department of Education-owned student loan acco...

2 days ago - GlobeNewsWire

Earnings Preview: Navient (NAVI) Q3 Earnings Expected to Decline

Navient (NAVI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 days ago - Zacks Investment Research

Navient named Champion of Board Diversity by The Forum of Executive Women

Navient celebrated as one of 27 companies in Greater Philadelphia paving the way for gender equity Navient celebrated as one of 27 companies in Greater Philadelphia paving the way for gender equity

1 week ago - GlobeNewsWire

Final Trades: Apple, Navient, GM & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols:GMAAPL
2 weeks ago - CNBC Television

Navient to announce third quarter 2021 results on Oct. 26, host earnings call on Oct. 27

WILMINGTON, Del., Oct. 06, 2021 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leading provider of education loan management and business processing solutions, today announced it will release its 2021 th...

2 weeks ago - GlobeNewsWire

10 Best Stocks for Rising Interest Rates

The 10-year Treasury yield is hovering near its highest level in months. Here are 10 of the best stocks to buy in a rising interest-rate environment.

3 weeks ago - Kiplinger

Why Shares of Navient Fell Today

The list of companies that want to service federal student loans is dwindling.

3 weeks ago - The Motley Fool

Navient (NAVI) to Exit From Federal Student Loan Servicing

Navient (NAVI) will transfer the accounts of nearly six million federal student loan borrowers to Maximus, thereby ceasing the loan payment collections on behalf of the U.S. Department of Education.

3 weeks ago - Zacks Investment Research

Navient, Maximus Announce Proposal to Transfer Federal Student Loan Servicing Contract, Pending Government Approval

WILMINGTON, Del. & RESTON, Va.--(BUSINESS WIRE)--Navient (Nasdaq:NAVI) and Maximus (NYSE:MMS) announced today that the companies have signed a definitive agreement.

Other symbols:MMS
3 weeks ago - Business Wire

Earnest And Going Merry Join Forces To Expand Access To Free Scholarship And Financial Aid Tools For Students

SAN FRANCISCO, Sept. 15, 2021 /PRNewswire/ -- Earnest , a fintech company dedicated to making higher education accessible and affordable for everyone, today announced the acquisition of Going Merry , a ...

1 month ago - PRNewsWire

Navient (NAVI) Stock Sinks As Market Gains: What You Should Know

Navient (NAVI) closed at $23.16 in the latest trading session, marking a -0.22% move from the prior day.

1 month ago - Zacks Investment Research

Navient (NAVI) Stock Moves -0.31%: What You Should Know

Navient (NAVI) closed at $22.50 in the latest trading session, marking a -0.31% move from the prior day.

1 month ago - Zacks Investment Research

Navient (NAVI) Up 13.6% Since Last Earnings Report: Can It Continue?

Navient (NAVI) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

Navient President and CEO to present at Barclays 2021 Global Financial Services Conference on Sept. 13

WILMINGTON, Del., Aug. 25, 2021 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leading provider of education loan management and business processing solutions, today announced that President and CEO Jack...

1 month ago - GlobeNewsWire

Navient declares third quarter common stock dividend

WILMINGTON, Del., Aug. 11, 2021 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in education loan management and business processing solutions, announced that its board of directors approved a 2021...

2 months ago - GlobeNewsWire

6 A-Rated, Safe Stocks to Buy With Dividends

The markets hate uncertainty, so when we're sitting stuck in uncertain times your best bet is to look for safe stocks to buy. The post 6 A-Rated, Safe Stocks to Buy With Dividends appeared first on Inve...

Other symbols:BGBKEIPOKERF
2 months ago - InvestorPlace

Navient names Michael Lawson as new board member

WILMINGTON, Del., July 29, 2021 (GLOBE NEWSWIRE) -- Michael Lawson, a well-respected attorney, public servant and civil rights leader, has been appointed to the Navient board of directors, effective Aug...

2 months ago - GlobeNewsWire

Navient (NAVI) Q2 Earnings Beat Estimates on Lower Provisions

Navient's (NAVI) Q2 earnings reflect a fall in net interest income and provisions.

2 months ago - Zacks Investment Research

Navient (NAVI) Q2 Earnings and Revenues Top Estimates

Navient (NAVI) delivered earnings and revenue surprises of 10.59% and 10.43%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Navient posts second quarter 2021 financial results

WILMINGTON, Del., July 27, 2021 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leading provider of education loan management and business processing solutions, today posted its 2021 second quarter financ...

2 months ago - GlobeNewsWire

What to Expect From Navient (NAVI) This Earnings Season?

Navient's (NAVI) Q2 earnings are likely to reflect unfavorable impact of the low-rate environment and decreased non-interest income.

2 months ago - Zacks Investment Research

Earnings Preview For Navient

On Tuesday, July 27, Navient (NASDAQ:NAVI) will release its latest earnings report. Check out Benzinga's preview to understand the implications.

2 months ago - Benzinga

Why Navient (NAVI) is a Top Growth Stock for the Long-Term

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

3 months ago - Zacks Investment Research

Earnings Preview: Navient (NAVI) Q2 Earnings Expected to Decline

Navient (NAVI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research