Navient (NAVI) Projected to Post Earnings on Wednesday

Navient (NASDAQ:NAVI) 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) 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.