Navient (NASDAQ:NAVI) is scheduled to be releasing its earnings data after the market closes on Tuesday, July 23rd. Analysts expect Navient to post earnings of $0.52 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.
Navient (NASDAQ:NAVI) last issued its earnings results on Tuesday, April 23rd. The credit services provider reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.12. Navient had a return on equity of 15.10% and a net margin of 6.99%. The firm had revenue of $285.00 million for the quarter, compared to the consensus estimate of $304.67 million. During the same quarter in the prior year, the business earned $0.43 earnings per share. On average, analysts expect Navient to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of NAVI opened at $13.55 on Monday. Navient has a 52 week low of $8.23 and a 52 week high of $14.48. The company has a quick ratio of 12.43, a current ratio of 12.43 and a debt-to-equity ratio of 25.60. The stock has a market capitalization of $3.24 billion, a P/E ratio of 6.48, a price-to-earnings-growth ratio of 2.10 and a beta of 2.11. The business has a 50-day moving average of $13.41.
In other Navient news, EVP Stephen M. Hauber sold 9,000 shares of the stock in a transaction that occurred on Thursday, May 16th. The stock was sold at an average price of $13.63, for a total transaction of $122,670.00. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 1.85% of the company’s stock.
A number of equities analysts have issued reports on NAVI shares. Oppenheimer downgraded Gulfport Energy from an “outperform” rating to a “market perform” rating in a research report on Friday, April 5th. ValuEngine downgraded Zosano Pharma from a “buy” rating to a “hold” rating in a research report on Wednesday, May 1st. BidaskClub downgraded Westport Fuel Systems from a “buy” rating to a “hold” rating in a research report on Friday. JPMorgan Chase & Co. reiterated a “hold” rating and set a $7.00 price target on shares of Deutsche Bank in a research report on Thursday, April 25th. Finally, BMO Capital Markets upgraded Gold Fields from a “market perform” rating to an “outperform” rating in a research report on Thursday, April 25th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $15.10.
Navient Company Profile
Navient Corporation provides education loan management and business processing solutions for education, healthcare, and government clients at the federal, state, and local levels in the United States. It operates in three segments: Federal Education Loans, Consumer Lending, and Business Processing. The company holds and acquires Federal Family Education Loan Program loans that are insured or guaranteed by state or not-for-profit agencies; and performs servicing and asset recovery services on its own loan portfolio, and federal education loans owned by the United States Department of Education and other institutions.
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