Analysts Set Expectations for Navient FY2025 Earnings

Navient Co. (NASDAQ:NAVI) – Stock analysts at Seaport Res Ptn issued their FY2025 earnings per share (EPS) estimates for shares of 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 earn $1.35 per share for the year. The consensus estimate for Navient’s current full-year earnings is $2.14 per share.

A number of other analysts have also recently commented on the company. Keefe, Bruyette & Woods lifted their target price on Navient from $15.00 to $16.00 and gave the stock a “market perform” rating in a research report on Thursday, July 25th. TD Cowen reduced their price objective on Navient from $14.00 to $13.00 and set a “sell” rating for the company in a research note on Friday, November 1st. Bank of America assumed coverage on shares of Navient in a report on Monday, September 30th. They issued a “neutral” rating and a $17.00 target price on the stock. StockNews.com raised shares of Navient from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. Finally, JPMorgan Chase & Co. upped their target price on shares of Navient from $15.00 to $16.00 and gave the company a “neutral” rating in a report on Monday, October 7th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $15.75.

Navient Price Performance

Shares of NASDAQ:NAVI opened at $15.50 on Monday. Navient has a 12 month low of $13.71 and a 12 month high of $19.68. The firm has a market capitalization of $1.66 billion, a P/E ratio of 22.46 and a beta of 1.39. The company has a debt-to-equity ratio of 16.59, a current ratio of 9.49 and a quick ratio of 9.49. The company’s fifty day moving average price is $15.39 and its 200 day moving average price is $15.22.

Navient (NASDAQ:NAVI) last announced its quarterly earnings results 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 company had revenue of $1.22 billion for the quarter, compared to analyst estimates of $150.04 million. Navient had a net margin of 1.71% and a return on equity of 8.62%. During the same period in the prior year, the firm posted $0.84 earnings per share.

Navient Announces Dividend

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

Insider Activity

In other Navient 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 transaction of $150,000.00. Following the sale, the executive vice president now directly owns 256,883 shares in the company, valued at approximately $3,853,245. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 27.99% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC acquired a new stake in shares of Navient in the 1st quarter worth approximately $36,000. IAG Wealth Partners LLC acquired a new stake in Navient in the second quarter valued at $50,000. KBC Group NV increased its position in shares of Navient by 47.0% in the third quarter. KBC Group NV now owns 4,355 shares of the credit services provider’s stock valued at $68,000 after buying an additional 1,392 shares in the last quarter. Signaturefd LLC raised its stake in shares of Navient by 22.1% during the 2nd quarter. Signaturefd LLC now owns 4,797 shares of the credit services provider’s stock worth $70,000 after buying an additional 869 shares during the last quarter. Finally, nVerses Capital LLC acquired a new position in shares of Navient during the 3rd quarter worth $87,000. 97.14% of the stock is owned by hedge funds and other 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.