Navient (NASDAQ:NAVI) Posts Earnings Results, Misses Expectations By $0.01 EPS

Navient (NASDAQ:NAVI) announced 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 Stock Down 4.7 %

NASDAQ NAVI traded down $0.70 during trading hours on Wednesday, hitting $14.06. 236,925 shares of the company were exchanged, compared to its average volume of 811,382. The company has a 50 day moving average of $14.23 and a two-hundred day moving average 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 firm has a market cap of $1.51 billion, a price-to-earnings ratio of 20.44 and a beta of 1.43. Navient has a 52-week low of $12.73 and a 52-week high of $18.36.

Navient Announces Dividend

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

Analyst Ratings Changes

Several analysts have issued reports on the company. Barclays upped their target price on Navient from $10.00 to $11.00 and gave the company an “underweight” rating in a report on Tuesday, October 8th. TD Cowen cut their price objective on shares of Navient from $14.00 to $13.00 and set a “sell” rating for the company in a research report on Friday, November 1st. Seaport Res Ptn upgraded shares of Navient from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 21st. StockNews.com upgraded Navient from a “hold” rating to a “buy” rating in a report on Friday, November 1st. Finally, Bank of America lowered their price objective on Navient from $17.00 to $16.00 and set a “neutral” rating for the company in a research report on Tuesday, December 24th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $14.58.

Insider Transactions at Navient

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

About Navient

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.