Navient Corporation (NASDAQ:NAVI) Given Average Recommendation of “Strong Sell” by Analysts

Navient Corporation (NASDAQ:NAVI) has been assigned an average rating of “Strong Sell” from the eleven research firms that are covering the company, MarketBeat reports. Six research analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $11.6250.

NAVI has been the subject of several research reports. Morgan Stanley set a $12.00 target price on Navient in a research report on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft reduced their price objective on Navient from $15.00 to $9.00 and set a “hold” rating on the stock in a research note on Thursday, January 29th. Zacks Research lowered shares of Navient from a “hold” rating to a “strong sell” rating in a research note on Monday, February 2nd. Wall Street Zen cut shares of Navient from a “hold” rating to a “sell” rating in a report on Saturday, November 1st. Finally, JPMorgan Chase & Co. decreased their price target on shares of Navient from $14.00 to $12.50 and set a “neutral” rating for the company in a report on Thursday, October 30th.

Hedge Funds Weigh In On Navient

Institutional investors have recently made changes to their positions in the stock. American Century Companies Inc. increased its holdings in shares of Navient by 3.4% during the second quarter. American Century Companies Inc. now owns 2,021,710 shares of the credit services provider’s stock valued at $28,506,000 after purchasing an additional 66,814 shares during the period. Allianz Asset Management GmbH grew its position in Navient by 44.7% in the 3rd quarter. Allianz Asset Management GmbH now owns 696,720 shares of the credit services provider’s stock valued at $9,162,000 after buying an additional 215,103 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its stake in Navient by 142.5% during the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 24,710 shares of the credit services provider’s stock valued at $348,000 after buying an additional 14,519 shares during the period. Nisa Investment Advisors LLC increased its stake in Navient by 4,721.5% during the 3rd quarter. Nisa Investment Advisors LLC now owns 116,583 shares of the credit services provider’s stock valued at $1,533,000 after buying an additional 114,165 shares during the period. Finally, Campbell & CO Investment Adviser LLC bought a new stake in shares of Navient during the 2nd quarter worth about $288,000. 97.14% of the stock is owned by institutional investors.

Navient Trading Down 1.4%

NASDAQ NAVI opened at $9.37 on Monday. The company’s fifty day moving average price is $11.64 and its two-hundred day moving average price is $12.32. The company has a market capitalization of $913.67 million, a price-to-earnings ratio of -11.43 and a beta of 1.32. Navient has a 12 month low of $9.15 and a 12 month high of $16.07. The company has a debt-to-equity ratio of 16.94, a current ratio of 9.01 and a quick ratio of 9.41.

Navient (NASDAQ:NAVI) last issued its earnings results on Wednesday, January 28th. The credit services provider reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.29). The company had revenue of $137.00 million during the quarter, compared to analyst estimates of $144.25 million. Navient had a negative net margin of 2.47% and a positive return on equity of 4.70%. During the same quarter last year, the company posted ($0.24) EPS. Navient has set its FY 2026 guidance at 0.650-0.800 EPS. As a group, research analysts predict that Navient will post 1.04 earnings per share for the current fiscal year.

Navient Company Profile

Navient Corporation (NASDAQ: NAVI) is a specialized provider of asset management and business processing solutions, with a primary focus on student loan servicing. Established in 2014 through the separation from Sallie Mae, Navient assumed responsibility for servicing federal and private education loans, positioning itself as one of the largest servicers of higher education debt in the United States.

The company’s core activities center on federal student loan servicing under contracts with the U.S.