Brokers Offer Predictions for Navient FY2025 Earnings

Navient Co. (NASDAQ:NAVI) – Investment analysts at Seaport Res Ptn lowered their FY2025 EPS estimates for Navient in a research note issued on Tuesday, January 21st. Seaport Res Ptn analyst W. Ryan now expects that the credit services provider will post earnings of $1.25 per share for the year, down from their previous forecast of $1.35. Seaport Res Ptn currently has a “Strong-Buy” rating on the stock. The consensus estimate for Navient’s current full-year earnings is $2.41 per share.

Other equities analysts also recently issued research reports about the stock. StockNews.com raised shares of Navient from a “hold” rating to a “buy” rating in a report on Friday, November 1st. TD Cowen dropped their price target on shares of Navient from $14.00 to $13.00 and set a “sell” rating on the stock in a research note on Friday, November 1st. JPMorgan Chase & Co. reduced their price objective on Navient from $15.00 to $13.50 and set a “neutral” rating for the company in a research note on Tuesday, January 14th. Bank of America lowered their target price on Navient from $17.00 to $16.00 and set a “neutral” rating on the stock in a research report on Tuesday, December 24th. Finally, Barclays upped their price target on Navient from $10.00 to $11.00 and gave the stock an “underweight” rating in a research report on Tuesday, October 8th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Navient currently has a consensus rating of “Hold” and an average target price of $14.58.

Navient Trading Up 2.4 %

Shares of NASDAQ:NAVI opened at $14.26 on Wednesday. The stock’s 50-day simple moving average is $14.31 and its two-hundred day simple moving average is $15.01. The stock has a market capitalization of $1.53 billion, a price-to-earnings ratio of 20.67 and a beta of 1.43. Navient has a 52-week low of $12.73 and a 52-week high of $18.36. The company has a debt-to-equity ratio of 16.59, a quick ratio of 9.49 and a current ratio of 9.49.

Navient (NASDAQ:NAVI) last released its quarterly earnings results on Wednesday, October 30th. The credit services provider reported $1.45 earnings per share for the quarter, beating the consensus estimate of $0.25 by $1.20. The firm had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $150.04 million. Navient had a return on equity of 8.62% and a net margin of 1.71%. During the same period in the prior year, the firm earned $0.84 EPS.

Navient Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Friday, December 6th were given a $0.16 dividend. The ex-dividend date of this dividend was Friday, December 6th. This represents a $0.64 annualized dividend and a dividend yield of 4.49%. Navient’s payout ratio is 92.75%.

Insider Transactions at Navient

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

Institutional Trading of Navient

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Donald Smith & CO. Inc. increased its holdings in shares of Navient by 27.8% in the third quarter. Donald Smith & CO. Inc. now owns 3,581,311 shares of the credit services provider’s stock worth $55,833,000 after purchasing an additional 779,973 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in Navient by 1.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,092,270 shares of the credit services provider’s stock worth $17,028,000 after acquiring an additional 19,606 shares during the last quarter. Wellington Management Group LLP raised its holdings in shares of Navient by 0.9% during the 3rd quarter. Wellington Management Group LLP now owns 892,828 shares of the credit services provider’s stock worth $13,919,000 after acquiring an additional 8,117 shares in the last quarter. Empowered Funds LLC raised its holdings in shares of Navient by 5.4% during the 3rd quarter. Empowered Funds LLC now owns 444,467 shares of the credit services provider’s stock worth $6,929,000 after acquiring an additional 22,646 shares in the last quarter. Finally, Stadium Capital Management LLC boosted its position in shares of Navient by 6.7% during the 3rd quarter. Stadium Capital Management LLC now owns 340,170 shares of the credit services provider’s stock valued at $5,303,000 after acquiring an additional 21,385 shares during the last quarter. 97.14% of the stock is currently owned by institutional investors.

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.