Analysts Set Expectations for Navient FY2025 Earnings

Navient Co. (NASDAQ:NAVI) – Analysts at Seaport Res Ptn issued their FY2025 EPS estimates for Navient in a research note issued to investors on Thursday, November 7th. Seaport Res Ptn analyst W. Ryan anticipates that the credit services provider will post earnings of $1.35 per share for the year. The consensus estimate for Navient’s current full-year earnings is $2.14 per share.

Navient (NASDAQ:NAVI) last posted its quarterly earnings data on Wednesday, October 30th. The credit services provider reported $1.45 EPS for the quarter, beating the consensus estimate of $0.25 by $1.20. The firm had revenue of $1.22 billion during the quarter, compared to the consensus estimate 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 company earned $0.84 EPS.

Several other brokerages have also recently weighed in on NAVI. TD Cowen lowered their target price on Navient from $14.00 to $13.00 and set a “sell” rating on the stock in a report on Friday, November 1st. 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. JPMorgan Chase & Co. lifted their price target on Navient from $15.00 to $16.00 and gave the stock a “neutral” rating in a report on Monday, October 7th. StockNews.com raised shares of Navient from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. Finally, Bank of America initiated coverage on shares of Navient in a research report on Monday, September 30th. They set a “neutral” rating and a $17.00 price objective for the company. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $15.75.

Navient Stock Up 0.8 %

Shares of NASDAQ NAVI opened at $15.50 on Monday. The stock has a market cap of $1.66 billion, a PE ratio of 22.46 and a beta of 1.39. The company has a current ratio of 9.49, a quick ratio of 9.49 and a debt-to-equity ratio of 16.59. Navient has a 12-month low of $13.71 and a 12-month high of $19.68. The company has a 50-day moving average of $15.39 and a 200 day moving average of $15.22.

Institutional Investors Weigh In On Navient

A number of institutional investors have recently modified their holdings of NAVI. Donald Smith & CO. Inc. boosted its holdings in Navient by 27.8% during the 3rd quarter. Donald Smith & CO. Inc. now owns 3,581,311 shares of the credit services provider’s stock valued at $55,833,000 after acquiring an additional 779,973 shares during the period. American Century Companies Inc. increased its stake in Navient by 12.1% during the 2nd quarter. American Century Companies Inc. now owns 1,582,928 shares of the credit services provider’s stock worth $23,047,000 after buying an additional 171,160 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in Navient by 1.8% during 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 buying an additional 19,606 shares in the last quarter. Empowered Funds LLC boosted its position in Navient by 5.4% in the 3rd quarter. Empowered Funds LLC now owns 444,467 shares of the credit services provider’s stock valued at $6,929,000 after buying an additional 22,646 shares during the period. Finally, Edgestream Partners L.P. grew its stake in shares of Navient by 90.9% in the first quarter. Edgestream Partners L.P. now owns 386,379 shares of the credit services provider’s stock worth $6,723,000 after acquiring an additional 183,969 shares in the last quarter. 97.14% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Navient

In related news, EVP Stephen M. Hauber sold 10,000 shares of Navient stock in a transaction that occurred 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 completion of the sale, the executive vice president now owns 256,883 shares in the company, valued at approximately $3,853,245. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 27.99% of the company’s stock.

Navient Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 20th. Stockholders of record on Friday, September 6th were paid a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 4.13%. The ex-dividend date was Friday, September 6th. Navient’s dividend payout ratio (DPR) is 92.75%.

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.