Navient (NAVI)
(Delayed Data from NSDQ)
$16.15 USD
+0.14 (0.87%)
Updated Sep 19, 2024 04:00 PM ET
After-Market: $16.14 -0.01 (-0.06%) 7:58 PM ET
4-Sell of 5 4
B Value D Growth D Momentum C VGM
Company Summary
Headquartered in Wilmington, DE, Navient Corporation is a leading provider of education loan management and business processing solutions for education, healthcare, and government clients at the federal, state and local levels.
In fourth-quarter 2017, Navient entered the Private Education Refinance Loan origination market, following which, the company reports through the following business segments:
Federal Education Loans (total asset of $37.34 billion as of June 30, 2024): In this segment, the company holds and acquires the Federal Family Education Loan Program (FFELP) loans, and performs servicing and asset recovery services on the loan portfolio. It also services ...
Company Summary
Headquartered in Wilmington, DE, Navient Corporation is a leading provider of education loan management and business processing solutions for education, healthcare, and government clients at the federal, state and local levels.
In fourth-quarter 2017, Navient entered the Private Education Refinance Loan origination market, following which, the company reports through the following business segments:
Federal Education Loans (total asset of $37.34 billion as of June 30, 2024): In this segment, the company holds and acquires the Federal Family Education Loan Program (FFELP) loans, and performs servicing and asset recovery services on the loan portfolio. It also services and performs asset recovery services for FFELP loans owned by other institutions.
Consumer Lending (total asset of $17.24 billion): Under the segment, the company originates, acquires and services consumer loans.
Business Processing (total asset of $357 million): In this segment, Navient performs business processing services for more than 600 non-education-related government and healthcare clients.
Other Segment (total asset of $1.7 billion): This segment mainly comprises activities such as corporate liquidity portfolio, gains and losses incurred on the repurchase of debt, unallocated expenses of shared services and restructuring/other reorganization expenses.
In October 2021, Navient received all required approvals for its proposal to transfer the loan servicing for the Department of Education (ED) -owned student loan accounts, through a contract novation to Maximus, a government loan servicing company. In November 2017, Navient acquired Earnest, a financial technology company in an all-cash deal. On completion, it took over education refinancing loans of more than $500 million. In August 2017, Navient acquired Duncan Solutions in order to expand presence in the municipal and toll services market.
As of Jun 30, 2024, the company had total assets of $56.63 billion, net FFELP loans of $32.94 billion and net private education loans of $16.24 billion.
General Information
Navient Corporation
13865 SUNRISE VALLEY DRIVE
HERNDON, VI 20171
Phone: 703-810-3000
Fax: NA
Email: jen.earyes@navient.com
Industry | Financial - Consumer Loans |
Sector | Finance |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 10/23/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.27 |
Current Year EPS Consensus Estimate | 1.43 |
Estimated Long-Term EPS Growth Rate | NA |
Exp Earnings Date | 10/23/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 16.01 |
52 Week High | 19.68 |
52 Week Low | 13.96 |
Beta | 1.39 |
20 Day Moving Average | 575,242.75 |
Target Price Consensus | 14.67 |
4 Week | 3.73 |
12 Week | 13.73 |
YTD | -13.27 |
4 Week | 1.13 |
12 Week | 9.14 |
YTD | -27.00 |
Shares Outstanding (millions) | 109.41 |
Market Capitalization (millions) | 1,766.97 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 3.96% |
Annual Dividend | $0.64 |
Payout Ratio | 0.24 |
Change in Payout Ratio | 0.03 |
Last Dividend Payout / Amount | 9/6/2024 / $0.16 |
Fundamental Ratios
P/E (F1) | 11.31 |
Trailing 12 Months | 6.09 |
PEG Ratio | NA |
vs. Previous Year | -31.43% |
vs. Previous Quarter | -23.81% |
vs. Previous Year | -11.09% |
vs. Previous Quarter | -6.20% |
Price/Book | 0.64 |
Price/Cash Flow | 5.10 |
Price / Sales | 0.38 |
6/30/24 | 11.06 |
3/31/24 | 12.09 |
12/31/23 | 14.17 |
6/30/24 | 0.51 |
3/31/24 | 0.55 |
12/31/23 | 0.64 |
6/30/24 | 9.99 |
3/31/24 | 12.52 |
12/31/23 | 13.64 |
6/30/24 | 9.99 |
3/31/24 | 12.52 |
12/31/23 | 13.63 |
6/30/24 | 6.57 |
3/31/24 | 7.10 |
12/31/23 | 8.47 |
6/30/24 | 3.41 |
3/31/24 | 3.93 |
12/31/23 | 4.72 |
6/30/24 | 4.45 |
3/31/24 | 5.32 |
12/31/23 | 6.48 |
6/30/24 | 25.12 |
3/31/24 | 24.74 |
12/31/23 | 23.48 |
6/30/24 | NA |
3/31/24 | NA |
12/31/23 | NA |
6/30/24 | 17.30 |
3/31/24 | 18.38 |
12/31/23 | 19.35 |
6/30/24 | 94.54 |
3/31/24 | 94.84 |
12/31/23 | 95.09 |