Navient Corporation (NAVI)
| Market Cap | 1.72B |
| Revenue (ttm) | 1.09B |
| Net Income (ttm) | 190.00M |
| Shares Out | 111.83M |
| EPS (ttm) | 1.62 |
| PE Ratio | 9.60 |
| Forward PE | 7.28 |
| Dividend | $0.64 (4.15%) |
| Ex-Dividend Date | Feb 29, 2024 |
| Volume | 258,900 |
| Open | 15.50 |
| Previous Close | 15.43 |
| Day's Range | 15.41 - 15.57 |
| 52-Week Range | 14.10 - 19.69 |
| Beta | 1.40 |
| Analysts | Sell |
| Price Target | 15.78 (+2.34%) |
| 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]
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 StatementsAnalyst 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 2.34% from the latest price.
News
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 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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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...
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...
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...
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...
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...
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®.
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...
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...
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 ...
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...
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
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 ...
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...
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...
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...
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...
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...
Navient declares second quarter common stock dividend
WILMINGTON, Del., May 25, 2023 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, announced that its board of directors app...