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

Navient (NASDAQ:NAVI) issued its quarterly earnings data on Wednesday. The credit services provider reported $0.25 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.01), Zacks reports. Navient had a net margin of 2.96% and a return on equity of 6.64%. Navient updated its FY 2025 guidance to 1.000-1.200 EPS.

Navient Stock Performance

Shares of Navient stock traded up $0.09 during trading hours on Friday, reaching $13.86. 80,360 shares of the stock traded hands, compared to its average volume of 851,400. The company has a 50 day moving average price of $14.20 and a 200 day moving average price of $15.00. Navient has a one year low of $12.73 and a one year high of $17.86. 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 capitalization of $1.49 billion, a price-to-earnings ratio of 11.95 and a beta of 1.43.

Navient Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Investors of record on Friday, December 6th were given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 4.62%. The ex-dividend date of this dividend was Friday, December 6th. Navient’s dividend payout ratio (DPR) is presently 55.17%.

Wall Street Analyst Weigh In

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

Insider Activity at Navient

In related news, EVP Stephen M. Hauber sold 10,000 shares of the firm’s 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 transaction, the executive vice president now directly owns 256,883 shares of the company’s stock, valued at approximately $3,853,245. This trade represents a 3.75 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 27.99% of the stock is currently owned by company insiders.

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.