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

Navient (NASDAQ:NAVI - Get Free Report) issued its earnings results on Wednesday. The credit services provider reported $0.25 EPS for the quarter, missing analysts' consensus estimates of $0.26 by ($0.01), Zacks reports. Navient had a return on equity of 8.62% and a net margin of 1.71%. Navient updated its FY 2025 guidance to 1.000-1.200 EPS.

Navient Stock Down 3.5 %

Shares of NAVI traded down $0.50 on Thursday, reaching $13.77. The company's stock had a trading volume of 1,355,485 shares, compared to its average volume of 893,104. The company has a current ratio of 9.49, a quick ratio of 9.49 and a debt-to-equity ratio of 16.59. The stock has a market capitalization of $1.48 billion, a PE ratio of 19.96 and a beta of 1.43. Navient has a twelve month low of $12.73 and a twelve month high of $17.86. The firm has a fifty day moving average of $14.20 and a 200-day moving average of $15.00.

Navient Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 20th. Investors of record on Friday, December 6th were paid a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 4.65%. The ex-dividend date of this dividend was Friday, December 6th. Navient's dividend payout ratio is presently 92.75%.

Insiders Place Their Bets

In other Navient news, EVP Stephen M. Hauber sold 10,000 shares of the business's stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $15.00, for a total value of $150,000.00. Following the transaction, the executive vice president now owns 256,883 shares in the company, valued at approximately $3,853,245. The trade was a 3.75 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 27.99% of the company's stock.

Wall Street Analyst Weigh In

NAVI has been the topic of several recent analyst reports. JPMorgan Chase & Co. dropped their target price 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 reduced their price objective on shares of 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 dropped their price objective on shares of Navient from $17.00 to $16.00 and set a "neutral" rating for the company in a research note on Tuesday, December 24th. StockNews.com raised Navient from a "hold" rating to a "buy" rating in a report on Friday, November 1st. Finally, Barclays increased their target price on shares of Navient from $10.00 to $11.00 and gave the company an "underweight" rating in a research note on Tuesday, October 8th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Navient currently has a consensus rating of "Hold" and a consensus price target of $14.58.

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.