Navient

Navient Corp. engages in the provision of asset management and business processing solutions for education, healthcare and government clients at the federal, state and local levels. It operates through the following segments: Federal Education Loans, Consumer Lending, Business Processing and Other. The Federal Education Loans segment owns FFELP Loans and performs servicing and asset recovery services on FFELP Loan portfolio. The Consumer Lending segment owns, originates, acquires and services high-quality private education loans. The Business Processing segment engages in the provision of government and healthcare services. The Other segment consists of corporate liquidity portfolio, gains and losses incurred on the repurchase of debt, unallocated expenses of shared services and restructuring/other reorganization expenses. The company was founded on November 7, 2013 and is headquartered in Wilmington, DE.

Earnings data Q1 2021

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Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

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Earnings data Q4 2024

Navient reports robust earnings, targets growth in student loan market

Navient's strong financial performance in 2022, coupled with strategic initiatives for 2023, reflects a focus on growth and shareholder value.
While facing challenges from market dynamics and rising rates, Navient is leveraging its strengths in funding markets and operational efficiency.
The company's emphasis on expanding in-school loan originations and refinancing activities highlights its commitment to market growth and customer savings.
Navient's proactive approach to addressing challenges and seizing opportunities positions it for continued success and market expansion.

Navient reports robust Q1 earnings, eyes loan demand opportunities

Navient's Q1 2023 earnings call highlighted strong financial performance, improved credit metrics, and strategic capital management. While facing challenges from CECL accounting and changing rate environments, the company is poised to capitalize on opportunities in consumer lending and loan origination volume.

Navient reports resilient Q2 performance amidst regulatory challenges and growth opportunities

Navient's Q2 2023 performance showcased stability and resilience across its business segments, with a focus on cash flow optimization and efficiency.
Despite challenges such as regulatory uncertainties and ongoing litigation, Navient remains committed to enhancing shareholder value and customer experience.
The company's strategic emphasis on simplicity, financial strength, and growth opportunities positions Navient well for future success and value creation.

Navient reports strong Q3 earnings, focuses on shareholder value

Navient's Q3 performance showcased resilience and growth in key segments. The company remains focused on shareholder value and borrower support. Challenges in loan originations are being addressed, while opportunities for growth are being pursued.

Navient outlines strategic actions to drive efficiency and shareholder value

Navient's performance in 2023 showed progress in efficiency and cost reduction.
Despite challenges like provision increases, strategic initiatives offer growth opportunities.
Capital allocation activities and share repurchases demonstrate commitment to shareholders.
The company aims to reshape its operations and enhance value through strategic actions.

Navient implements cost-saving measures amidst Q1 earnings challenges

Navient is executing strategic initiatives to optimize costs and enhance operational efficiency. Despite challenges in the FFELP portfolio and elevated expenses, the company's core businesses are showing strength. Opportunities in divestiture plans and operational streamlining could drive future growth and profitability.

Navient reports Q2 earnings, focuses on efficiency and shareholder value

Navient's Q2 performance showed progress in strategic actions and financial results.
Despite challenges in net interest margin and prepayment risks, the company is focused on efficiency.
Opportunities lie in divestment discussions, expense reductions, and future growth initiatives.
Overall, Navient aims to enhance shareholder value through disciplined management and strategic actions.

Navient reports mixed Q3 results, focuses on cost reduction

Navient's Q3 performance reflects a mix of challenges and strengths, with strategic actions driving core EPS growth despite a GAAP loss.
The company's focus on cost reduction, divestitures, and capital allocation sets the stage for improved financial flexibility and shareholder value creation.
Ongoing discussions on Government Services and proactive measures for debt reduction signal a dynamic approach to addressing operational challenges and seizing growth opportunities.

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Navient Corp. engages in the provision of asset management and business processing solutions for education, healthcare and government clients at the federal, state and local levels. It operates through the following segments: Federal Education Loans, Consumer Lending, Business Processing and Other. The Federal Education Loans segment owns FFELP Loans and performs servicing and asset recovery services on FFELP Loan portfolio. The Consumer Lending segment owns, originates, acquires and services high-quality private education loans. The Business Processing segment engages in the provision of government and healthcare services. The Other segment consists of corporate liquidity portfolio, gains and losses incurred on the repurchase of debt, unallocated expenses of shared services and restructuring/other reorganization expenses. The company was founded in 1973 and is headquartered in Herndon, VA.

WILMINGTON, Del., May 12, 2021 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in education loan management and business processing solutions, announced the appointment of Kelly Christiano as executive vice president of consumer lending.

Navient appoints Kelly Christiano as Consumer Lending EVP

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Donald Smith & Co. released its first-quarter portfolio this week, revealing that its top five trades included a new position in Navient Corp. ( NAVI , Financial) and the trimming of its holdings in AerCap Holdings NV ( AER , Financial), JetBlue Airways Corp. ( JBLU , Financial) and The Mosaic Co. ( MOS , Financial). The firm also revealed a holding in Bonanza Creek Energy Inc. ( BCEI , Financial), a company that restructured its shares following a merger with HighPoint Resources in April.

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NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Navient Corporation (NasdaqGS: NAVI). Throughout 2017 and 2018, several civil lawsuits were filed against the Company by Attorneys General from Illinois, Pennsylvania, Washington, California and Mississippi and the U.S. Consumer Financial Protection Bureau (“CFPB”) and for violation

NAVIENT INVESTIGATION UPDATE by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Navient Corporation – NAVI

The company is rewarding shareholders as vaccines bring a return to life as normal.

Why Navient Jumped 18% in April

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Provision benefit and drastic improvement in fee income aid Navient's (NAVI) Q1 results, while rise in expenses and lower net interest income play spoilsports to some extent.

Navient (NAVI) Stock Rallies 5% as Q1 Earnings Beat Estimates

Navient Corporation (NAVI) CEO Jack Remondi on Q1 2021 Results - Earnings Call Transcript

Navient (NAVI) delivered earnings and revenue surprises of 119.23% and -5.48%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Navient (NAVI) Beats Q1 Earnings Estimates

WILMINGTON, Del., April 27, 2021 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leading provider of education loan management and business processing solutions, today posted its 2021 first quarter financial results. The complete financial results release is available on the company's website at Navient.com/investors. The results will also be available on Form 8-K on the SEC's website at www.sec.gov.

Navient posts first quarter 2021 financial results

Navient's (NAVI) Q1 earnings are likely to be hit by the low-rate environment and muted non-interest income.

Navient (NAVI) to Report Q1 Earnings: What's in the Cards?

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Navient (NAVI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Navient (NAVI) Could Beat Earnings Estimates Again

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WILMINGTON, Del., April 05, 2021 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leading provider of education loan management and business processing solutions, today announced it will release its 2021 first quarter financial results on Navient.com/investors after market close on Tuesday, April 27, 2021. Navient will host a conference call to review results on Wednesday, April 28, 2021 at 8 a.m. ET.

Navient to announce first quarter 2021 results on April 27, host earnings call on April 28

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Navient is a student loan provider that was beat up in 2020, resulting in a discounted stock price. Is it a good value stock for your portfolio?

This Value Stock Is Up 41% in 2021. Is It a Buy?

Navient (NAVI) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Navient (NAVI) Soars 6.3%: Is Further Upside Left in the Stock?

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The latest on this Navient lawsuit--and what it means for your student loans.

Judge Says Navient Misled Student Loan Borrowers—What This Means For Your Student Loans

Borrowers and their parents and grandparents were among those who suffered when Navient violated a state consumer protection law, the court ruled.

Student loan servicer Navient illegally deceived borrowers, judge finds

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WILMINGTON, Del., March 02, 2021 (GLOBE NEWSWIRE) -- Boys & Girls Clubs of America, a seasoned leader in youth development, and Navient (Nasdaq: NAVI), a leading provider of education loan management and business processing solutions, are announcing a partnership to help young people and their families access career and college planning resources.

Boys & Girls Clubs of America and Navient partner to bring career and college planning resources to support equity for youth in under-resourced communities

News for Navient Stock (NAVI)