Navient (NAVI) Projected to Post Earnings on Wednesday

Navient (NASDAQ:NAVI - Get Free Report) will likely be issuing its quarterly earnings data before the market opens on Wednesday, April 30th. Analysts expect the company to announce earnings of $0.12 per share and revenue of $150.40 million for the quarter. Navient has set its FY 2025 guidance at 1.000-1.200 EPS.

Navient (NASDAQ:NAVI - Get Free Report) last released its earnings results on Wednesday, January 29th. The credit services provider reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.01). Navient had a net margin of 2.96% and a return on equity of 6.69%. On average, analysts expect Navient to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Navient Stock Up 4.1 %

Shares of NAVI opened at $11.45 on Wednesday. The company has a quick ratio of 9.49, a current ratio of 9.48 and a debt-to-equity ratio of 16.35. The business has a fifty day moving average of $12.82 and a 200 day moving average of $13.92. The company has a market cap of $1.17 billion, a PE ratio of 9.87 and a beta of 1.24. Navient has a 52-week low of $10.53 and a 52-week high of $16.97.

Navient Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 21st. Stockholders of record on Friday, March 7th were issued a $0.16 dividend. The ex-dividend date was Friday, March 7th. This represents a $0.64 annualized dividend and a dividend yield of 5.59%. Navient's dividend payout ratio (DPR) is presently 55.17%.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Jefferies Financial Group cut their price target on shares of Navient from $14.00 to $12.00 and set a "hold" rating on the stock in a report on Monday. StockNews.com cut Navient from a "buy" rating to a "hold" rating in a research note on Friday, January 31st. Keefe, Bruyette & Woods decreased their price target on Navient from $16.00 to $14.00 and set a "market perform" rating for the company in a research note on Monday, March 31st. Seaport Res Ptn raised Navient from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, January 21st. Finally, 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. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $12.83.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.