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

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

Navient Price Performance

Shares of NAVI stock traded up $0.09 during mid-day trading on Friday, hitting $13.86. 80,360 shares of the stock were exchanged, compared to its average volume of 851,400. The company has a market cap of $1.49 billion, a PE ratio of 11.95 and a beta of 1.43. The firm has a fifty day moving average of $14.20 and a 200 day moving average of $15.00. The company has a quick ratio of 9.49, a current ratio of 9.49 and a debt-to-equity ratio of 16.59. Navient has a 52-week low of $12.73 and a 52-week high of $17.86.

Navient Dividend Announcement

The business also recently declared 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 annualized dividend and a yield of 4.62%. The ex-dividend date was Friday, December 6th. Navient’s dividend payout ratio is currently 55.17%.

Insider Buying and Selling

In other news, EVP Stephen M. Hauber sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $15.00, for a total transaction of $150,000.00. Following the transaction, the executive vice president now directly owns 256,883 shares in the company, valued at $3,853,245. The trade was a 3.75 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 27.99% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on NAVI. Bank of America decreased their target price on Navient from $17.00 to $16.00 and set a “neutral” rating for the company in a research report on Tuesday, December 24th. Barclays raised their target price on shares of Navient from $10.00 to $11.00 and gave the stock an “underweight” rating in a research report on Tuesday, October 8th. Seaport Res Ptn upgraded Navient from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 21st. TD Cowen reduced their price objective on Navient from $14.00 to $13.00 and set a “sell” rating on the stock in a report on Friday, November 1st. Finally, StockNews.com cut Navient from a “buy” rating to a “hold” rating in a report on Friday. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $14.58.

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.