Navient (NASDAQ:NAVI) Issues FY 2025 Earnings Guidance

Navient (NASDAQ:NAVI) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 1.000-1.200 for the period, compared to the consensus EPS estimate of 0.070. The company issued revenue guidance of -.

Navient Stock Performance

NASDAQ NAVI traded down $0.04 during trading on Wednesday, reaching $11.96. 108,531 shares of the company’s stock were exchanged, compared to its average volume of 809,738. The business has a 50 day moving average price of $12.89 and a 200-day moving average price of $13.27. The stock has a market capitalization of $1.17 billion, a P/E ratio of -22.15 and a beta of 1.33. The company has a debt-to-equity ratio of 16.98, a current ratio of 9.41 and a quick ratio of 9.41. Navient has a fifty-two week low of $10.53 and a fifty-two week high of $16.07.

Navient (NASDAQ:NAVI) last posted its earnings results on Monday, February 28th. The credit services provider reported $0.97 EPS for the quarter. Navient had a positive return on equity of 4.12% and a negative net margin of 1.48%.The company had revenue of $511.00 million for the quarter. Sell-side analysts forecast that Navient will post 1.04 earnings per share for the current fiscal year.

Navient Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Friday, September 5th were given a $0.16 dividend. The ex-dividend date of this dividend was Friday, September 5th. This represents a $0.64 annualized dividend and a dividend yield of 5.4%. Navient’s dividend payout ratio is presently -118.52%.

Analysts Set New Price Targets

NAVI has been the subject of several recent research reports. Bank of America cut Navient from a “neutral” rating to an “underperform” rating and set a $12.00 price target for the company. in a research note on Thursday, September 4th. Keefe, Bruyette & Woods cut their price target on Navient from $15.00 to $14.50 and set a “market perform” rating for the company in a research note on Wednesday, October 1st. Morgan Stanley cut their price target on Navient from $15.00 to $14.00 and set an “equal weight” rating for the company in a research note on Thursday, July 31st. Wall Street Zen cut Navient from a “hold” rating to a “sell” rating in a research note on Saturday. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Navient in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $12.83.

Institutional Trading of Navient

Large investors have recently bought and sold shares of the business. Russell Investments Group Ltd. grew its holdings in Navient by 77.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 7,766 shares of the credit services provider’s stock worth $109,000 after acquiring an additional 3,378 shares during the period. Corient Private Wealth LLC grew its holdings in Navient by 6.8% during the 2nd quarter. Corient Private Wealth LLC now owns 18,372 shares of the credit services provider’s stock worth $259,000 after acquiring an additional 1,168 shares during the period. Tower Research Capital LLC TRC grew its holdings in Navient by 346.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 21,754 shares of the credit services provider’s stock worth $307,000 after acquiring an additional 16,882 shares during the period. Quantinno Capital Management LP grew its holdings in Navient by 33.4% during the 2nd quarter. Quantinno Capital Management LP now owns 26,036 shares of the credit services provider’s stock worth $367,000 after acquiring an additional 6,512 shares during the period. Finally, Two Sigma Securities LLC grew its holdings in Navient by 35.0% during the 2nd quarter. Two Sigma Securities LLC now owns 34,696 shares of the credit services provider’s stock worth $489,000 after acquiring an additional 8,995 shares during the period. 97.14% of the stock is currently owned by institutional investors and hedge funds.

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.