Navient (NASDAQ:NAVI) Sets New 52-Week Low – Here’s Why

Navient Corporation (NASDAQ:NAVI)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $8.96 and last traded at $8.99, with a volume of 1098021 shares changing hands. The stock had previously closed at $9.37.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on NAVI shares. Barclays set a $9.00 price objective on Navient in a report on Thursday, January 29th. Wall Street Zen lowered shares of Navient from a “hold” rating to a “sell” rating in a research note on Saturday, November 1st. Morgan Stanley set a $12.00 price target on shares of Navient in a report on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Navient from $15.00 to $9.00 and set a “hold” rating on the stock in a report on Thursday, January 29th. Finally, Zacks Research cut shares of Navient from a “hold” rating to a “strong sell” rating in a research report on Monday, February 2nd. Five investment analysts have rated the stock with a Hold rating and six have given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Strong Sell” and an average price target of $11.63.

Navient Stock Down 4.1%

The company has a current ratio of 9.01, a quick ratio of 9.41 and a debt-to-equity ratio of 16.94. The company has a market capitalization of $876.61 million, a P/E ratio of -10.96 and a beta of 1.32. The firm’s 50 day moving average price is $11.56 and its two-hundred day moving average price is $12.29.

Navient (NASDAQ:NAVI) last announced its quarterly earnings data on Wednesday, January 28th. The credit services provider reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.29). The business had revenue of $137.00 million during the quarter, compared to the consensus estimate of $144.25 million. Navient had a positive return on equity of 4.70% and a negative net margin of 2.47%.During the same period in the prior year, the firm earned ($0.24) EPS. Navient has set its FY 2026 guidance at 0.650-0.800 EPS. Equities research analysts forecast that Navient Corporation will post 1.04 EPS for the current year.

Navient Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, March 6th will be paid a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date is Friday, March 6th. Navient’s dividend payout ratio is currently -78.05%.

Institutional Trading of Navient

Several institutional investors and hedge funds have recently bought and sold shares of the stock. GAMMA Investing LLC boosted its position in Navient by 70.5% during the fourth quarter. GAMMA Investing LLC now owns 1,978 shares of the credit services provider’s stock valued at $26,000 after purchasing an additional 818 shares during the last quarter. Intrust Bank NA raised its stake in shares of Navient by 8.4% during the 2nd quarter. Intrust Bank NA now owns 11,503 shares of the credit services provider’s stock worth $162,000 after purchasing an additional 895 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of Navient by 5.4% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 18,698 shares of the credit services provider’s stock valued at $264,000 after buying an additional 951 shares during the last quarter. CWM LLC grew its stake in shares of Navient by 79.0% in the third quarter. CWM LLC now owns 2,525 shares of the credit services provider’s stock valued at $33,000 after buying an additional 1,114 shares in the last quarter. Finally, Corient Private Wealth LLC increased its holdings in Navient by 6.8% during the second quarter. Corient Private Wealth LLC now owns 18,372 shares of the credit services provider’s stock worth $259,000 after buying an additional 1,168 shares during the last quarter. Institutional investors own 97.14% of the company’s stock.

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.