Navient Corporation (NAVI)

NASDAQ: NAVI · IEX Real-Time Price · USD
17.06
+0.23 (1.34%)
Aug 16, 2022 11:34 AM EDT - Market open
1.34%
Market Cap 2.42B
Revenue (ttm) 1.93B
Net Income (ttm) 597.00M
Shares Out 141.88M
EPS (ttm) 4.00
PE Ratio 4.26
Forward PE 4.96
Dividend $0.64 (3.75%)
Ex-Dividend Date Sep 1, 2022
Volume 252,882
Open 16.83
Previous Close 16.83
Day's Range 16.81 - 17.09
52-Week Range 12.45 - 23.80
Beta 1.69
Analysts Buy
Price Target 18.42 (+8.0%)
Earnings Date Jul 26, 2022

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 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 and asset recovery services on its own loan portfolio, as well as asset recovery serv... [Read more...]

Industry Consumer Finance
Founded 1973
CEO John Remondi
Employees 4,330
Stock Exchange NASDAQ
Ticker Symbol NAVI
Full Company Profile

Financial Performance

In 2021, Navient's revenue was $2.20 billion, an increase of 44.01% compared to the previous year's $1.53 billion. Earnings were $717.00 million, an increase of 74.03%.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for NAVI stock is "Buy." The 12-month stock price forecast is 18.42, which is an increase of 8.00% from the latest price.

Price Target
$18.42
(8.00% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Navient declares third quarter common stock dividend

WILMINGTON, Del., Aug. 11, 2022 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, announced that its board of directors appr...

Navient Supports Boys & Girls Clubs of America National Teen Leadership Program

Navient, Boys & Girls Clubs of America extend multi-year partnership through support of Keystone Club and national conference Navient, Boys & Girls Clubs of America extend multi-year partnership through...

Navient (NAVI) Up as Q2 Earnings Beat Estimates on Lower Costs

Decline in expenses supports Navient's (NAVI) Q2 earnings. However, a fall in NII and fee income weighs on it.

Navient (NAVI) Surpasses Q2 Earnings and Revenue Estimates

Navient (NAVI) delivered earnings and revenue surprises of 16.46% and 2.46%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Navient posts second quarter 2022 financial results

WILMINGTON, Del., July 26, 2022 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, today posted its 2022 second quarter finan...

Duncan Solutions supports Boys & Girls Clubs of Metro Louisiana

Special event held Tuesday night in Louis Armstrong Park Special event held Tuesday night in Louis Armstrong Park

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

Despite an improved lending scenario, lower revenues, driven by a decline in fee income and NII, are likely to have hurt Navient's (NAVI) Q2 earnings.

Analysts Estimate Navient (NAVI) to Report a Decline in Earnings: What to Look Out for

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.

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Other symbols: NNIOMFSLMUPSTWU

Navient to announce second quarter 2022 results on July 26, host earnings webcast on July 27

WILMINGTON, Del., July 12, 2022 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, plans to release its 2022 second quarter f...

Delaware Tech's Wilmington campus opens Veterans Resource Center supported by Navient Community Fund

WILMINGTON, Del., June 28, 2022 (GLOBE NEWSWIRE) -- Delaware Tech is announcing the grand opening of its new Veterans Resource Center in Wilmington, supported by a grant from the Navient Community Fund....

Why Is Navient (NAVI) Down 7.2% Since Last Earnings Report?

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

Xtend Healthcare achieves HITRUST risk-based, 2-year certification to further mitigate risk in third-party privacy, s...

HENDERSONVILLE, Tenn., May 25, 2022 (GLOBE NEWSWIRE) -- Xtend Healthcare, a leading healthcare revenue cycle management company, today announced that, Prism, its proprietary suite of applications and it...

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Thanks to the market's selloff, we finally have some dividend deals out there.

Other symbols: ARIDOWLYBVGR

Navient Agrees To Cancel $3.5 Million Of Student Loans

Here's who qualifies for this student loan cancellation.

Navient declares second quarter common stock dividend

WILMINGTON, Del., May 19, 2022 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, announced that its board of directors appro...

Boys & Girls Clubs of Delaware, Navient Host College Planning Conferences Throughout Delaware

WILMINGTON, Del., May 06, 2022 (GLOBE NEWSWIRE) -- The Boys & Girls Club of Delaware, a seasoned leader in youth development, and Navient (Nasdaq: NAVI), a leader in technology-enabled education finance...

Navient (NAVI) Q1 Earnings Surpass Estimates, NII Falls Y/Y

A fall in NII and non-interest income hinders Navient's (NAVI) Q1 results. A rise in provisions acts as a headwind, while lower expenses have aided.

Navient (NAVI) Q1 Earnings Beat Estimates

Navient (NAVI) delivered earnings and revenue surprises of 18.42% and 16.24%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Navient posts first quarter 2022 financial results

WILMINGTON, Del., April 26, 2022 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, today posted its 2022 first quarter finan...

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

Despite an improved lending scenario, lower revenues, driven by a decline in fee income and NII, are likely to hurt Navient's (NAVI) Q1 earnings.

Katherine Lehman to leave Navient board of directors

WILMINGTON, Del., April 21, 2022 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, today announced that board member Katheri...

AM Best Assigns Credit Ratings to Riverfront Insurance, LLC

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating “a-” (Excellent) to Riverfront Insurance, LLC (Riverfront) (Wilmin...

Navient, Sherborne Investors reach cooperation agreement; Edward Bramson to be nominated as new board member

WILMINGTON, Del. and NEW YORK, April 18, 2022 (GLOBE NEWSWIRE) -- Navient Corporation (Nasdaq: NAVI) and Sherborne Investors today announced an agreement under which Navient's Board of Directors will no...

Navient to announce first quarter 2022 results on April 26, host earnings call on April 27

WILMINGTON, Del., April 06, 2022 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leading provider of education loan management and business processing solutions, today announced it will release its 2022 f...