Navient (NASDAQ:NAVI) Announces Earnings Results

Navient (NASDAQ:NAVI) posted its earnings results on Wednesday. The credit services provider reported $0.25 earnings per share (EPS) 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 Price Performance

NASDAQ:NAVI traded down $0.58 during trading hours on Wednesday, hitting $14.17. 192,071 shares of the stock traded hands, compared to its average volume of 808,914. The stock has a 50 day moving average price of $14.23 and a 200 day moving average price of $15.02. The company has a quick ratio of 9.49, a current ratio of 9.49 and a debt-to-equity ratio of 16.59. The company has a market cap of $1.52 billion, a price-to-earnings ratio of 20.45 and a beta of 1.43. Navient has a 1 year low of $12.73 and a 1 year high of $18.36.

Navient Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, December 6th were paid a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 4.52%. The ex-dividend date was Friday, December 6th. Navient’s payout ratio is 92.75%.

Insider Activity

In other news, EVP Stephen M. Hauber sold 10,000 shares of the company’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $15.00, for a total value of $150,000.00. Following the completion of the transaction, the executive vice president now owns 256,883 shares of the company’s stock, valued at $3,853,245. This represents a 3.75 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 27.99% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on NAVI. Barclays raised their target price on shares of Navient from $10.00 to $11.00 and gave the stock an “underweight” rating in a report on Tuesday, October 8th. JPMorgan Chase & Co. cut their price objective on 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 research report on Tuesday, January 21st. StockNews.com raised shares of Navient from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. Finally, TD Cowen dropped their price objective on shares of Navient from $14.00 to $13.00 and set a “sell” rating on the stock in a report on Friday, November 1st. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $14.58.

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.