Navient (NASDAQ:NAVI) Issues Earnings Results

Navient (NASDAQ:NAVI) released its quarterly earnings results on Wednesday. The credit services provider reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.01), Zacks reports. Navient had a net margin of 1.71% and a return on equity of 8.62%. Navient updated its FY 2025 guidance to 1.000-1.200 EPS.

Navient Trading Down 4.7 %

Navient stock traded down $0.70 during mid-day trading on Wednesday, hitting $14.06. The company’s stock had a trading volume of 236,925 shares, compared to its average volume of 811,382. The company has a debt-to-equity ratio of 16.59, a quick ratio of 9.49 and a current ratio of 9.49. The stock has a market cap of $1.51 billion, a PE ratio of 20.44 and a beta of 1.43. The company has a 50 day moving average of $14.23 and a 200-day moving average of $15.02. Navient has a one year low of $12.73 and a one year high of $18.36.

Navient Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, December 6th were given a dividend of $0.16 per share. The ex-dividend date of this dividend was Friday, December 6th. This represents a $0.64 dividend on an annualized basis and a yield of 4.55%. Navient’s dividend payout ratio (DPR) is presently 92.75%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. TD Cowen lowered their price objective on Navient from $14.00 to $13.00 and set a “sell” rating on the stock in a research report on Friday, November 1st. Bank of America decreased their price objective on shares of Navient from $17.00 to $16.00 and set a “neutral” rating on the stock in a research report on Tuesday, December 24th. JPMorgan Chase & Co. dropped their target price on shares of Navient from $15.00 to $13.50 and set a “neutral” rating for the company in a report on Tuesday, January 14th. Seaport Res Ptn raised Navient from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 21st. Finally, StockNews.com raised Navient from a “hold” rating to a “buy” rating in a research note on Friday, November 1st. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $14.58.

Insider Transactions at Navient

In related news, EVP Stephen M. Hauber sold 10,000 shares of the business’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $15.00, for a total transaction of $150,000.00. Following the transaction, the executive vice president now directly owns 256,883 shares in the company, valued at $3,853,245. The trade was a 3.75 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 27.99% of the company’s stock.

Navient Company Profile

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.