Media stories about Navient (NASDAQ:NAVI) have trended somewhat positive on Thursday, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Navient earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave media headlines about the credit services provider an impact score of 46.3109464868451 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
- What Borrowers Need to Know About Navient Lawsuits (usnews.com)
- Critical Comparison: Gleacher & Company Inc (GLCH) vs. Navient (NAVI) (americanbankingnews.com)
- Navient Corp (NAVI) Expected to Announce Quarterly Sales of $329.00 Million (americanbankingnews.com)
- What happens to student loans when borrower dies? (nj.com)
- $0.51 Earnings Per Share Expected for Navient Corp (NAVI) This Quarter (americanbankingnews.com)
NAVI has been the topic of a number of recent research reports. Wedbush upgraded shares of Navient from a “neutral” rating to an “outperform” rating and raised their price target for the company from $14.50 to $15.75 in a report on Friday, June 1st. BidaskClub upgraded shares of Navient from a “hold” rating to a “buy” rating in a report on Friday, May 25th. Zacks Investment Research downgraded shares of Navient from a “buy” rating to a “hold” rating in a report on Thursday, August 9th. Finally, ValuEngine downgraded shares of Navient from a “hold” rating to a “sell” rating in a report on Tuesday, June 12th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $16.09.
NASDAQ:NAVI opened at $13.85 on Thursday. Navient has a 1 year low of $11.48 and a 1 year high of $15.61. The company has a current ratio of 21.92, a quick ratio of 21.92 and a debt-to-equity ratio of 26.35. The firm has a market capitalization of $3.61 billion, a P/E ratio of 7.74 and a beta of 2.15.
Navient (NASDAQ:NAVI) last posted its earnings results on Tuesday, July 24th. The credit services provider reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.05. Navient had a net margin of 5.72% and a return on equity of 13.95%. The business had revenue of $330.00 million for the quarter, compared to analyst estimates of $314.00 million. During the same period last year, the business posted $0.43 EPS. Navient’s revenue was down 3.8% compared to the same quarter last year. research analysts forecast that Navient will post 1.92 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, September 21st. Investors of record on Friday, September 7th will be paid a $0.16 dividend. The ex-dividend date of this dividend is Thursday, September 6th. This represents a $0.64 dividend on an annualized basis and a yield of 4.62%. Navient’s payout ratio is presently 35.75%.
Navient Company Profile
Navient Corporation provides asset management and business processing services to education, health care, and government clients at the federal, state, and local levels in the United States. The company operates in three segments: Federal Family Education Loan Program (FFELP) Loans, Private Education Loans, and Business Services.
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