|Bid||12.50 x 2900|
|Ask||13.60 x 3200|
|Day's Range||13.07 - 13.37|
|52 Week Range||8.23 - 14.48|
|Beta (3Y Monthly)||2.30|
|PE Ratio (TTM)||8.72|
|Forward Dividend & Yield||0.64 (4.91%)|
|1y Target Est||N/A|
WILMINGTON, Del., June 12, 2019 -- Navient (Nasdaq: NAVI), a leader in education loan management and business processing solutions, today announced its first issuance of.
Navient (NAVI), a leader in education loan management and business processing solutions, has been named a Winning ‘W’ Company by 2020 Women on Boards for achieving at least 20 percent women on its corporate board before the year 2020. It’s the fifth consecutive year Navient has received this recognition. Six women are on Navient’s 11-member board of directors, including Linda Mills, who was recently elected chair of the board.
Navient (NAVI), a leading education loan management and business processing services company, today announced that Linda Mills was elected chair of its board of directors effective June 6, 2019, when Navient holds its annual meeting of shareholders. “Our board will continue to focus on accelerating Navient’s positive momentum in creating value for all of our stakeholders,” Mills said. William M. Diefenderfer III, Navient’s current chairman, announced in early May that he would not stand for election at the 2019 annual meeting.
WILMINGTON, Del., May 22, 2019 -- Navient (Nasdaq: NAVI), a leading education loan management and business processing services company, today announced that its board of.
WILKES-BARRE, Pa., May 03, 2019 (GLOBE NEWSWIRE) -- Cold temperatures and rain didn’t dampen the spirits of volunteers in northeastern Pennsylvania. The community united to demonstrate its support for the Hanover Township Fire Department at the fourth annual Ladders and Laces 5k. The annual race coupled with Team Navient contributions raised $17,000 to help the local fire department’s efforts in keeping their firefighters and community members safe.
Navient Corporation (NAVI) and Canyon Partners, LLC today announced that they reached a cooperation agreement pursuant to which Navient will add two experienced directors, Marjorie Bowen and Larry Klane, to its Board of Directors as soon as practicable. Ms. Bowen is a former investment banker and Mr. Klane is a financial technology investor and former banking executive. Both Ms. Bowen and Mr. Klane will be nominated by Navient for election at Navient’s upcoming annual meeting, scheduled for June 6, 2019.
Navient (NAVI) today announced that it has filed definitive proxy materials with the U.S. Securities and Exchange Commission in connection with its upcoming Annual Meeting of Shareholders to be held on June 6, 2019, at 8:00 a.m., Eastern Time, at the Company’s headquarters in Wilmington, Delaware. Shareholders of record as of April 8, 2019, will be entitled to vote at such meeting.
WILMINGTON, Del., April 23, 2019 -- Navient (Nasdaq: NAVI), a leading education loan management and business processing services company, today posted its 2019 first-quarter.
The Walnut Street YMCA Black Achievers program will hit the road on a multi-state tour to visit colleges and universities in South and North Carolina, Virginia, Maryland and the District of Columbia. “Black Achievers is not just a Saturday college prep program,” said Anesha Truesdale, program director for Black Achievers and teen programs at the Walnut Street YMCA. The annual college tour has been part of the Black Achievers program since 2003.
SAN FRANCISCO, April 16, 2019 /PRNewswire/ -- Earnest, a leading financial technology company that has helped refinance over $4 billion in student loans, today announced that it's modernizing student loans with a new in-school student lending offering. After scholarships, grants, and federal student loans, we want to be there to help these deserving scholars earn their college degree," said CEO Susan Ehrlich. "Today, the process of applying for a student loan is woefully outdated.
Investors who purchased shares of Navient Corp (NAVI) should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554. On February 11, 2016, a lawsuit was against Navient Corp over alleged violations of securities laws. The plaintiff claimed that the defendants issued allegedly materially false and misleading statements to investors and/or failed to disclose that Navient’s loan servicing practices were not in compliance with applicable federal regulations, that Navient’s non-compliance with federal regulations could subject Navient and its subsidiaries to restitution, civil monetary penalties, and corrective actions, and that as a result, defendants’ statements about Navient’ business, operations, and prospects were false and misleading and/or lacked a reasonable basis at all relevant times.
Navient (NAVI), a leading education loan management and business processing services company, today announced it will release its 2019 first-quarter financial results on navient.com/investors after market close on Tuesday, April 23, 2019. Navient will host a conference call to review results on Wednesday, April 24, 2019 at 8 a.m. ET. Navient will notify investors when earnings results have been issued by a news release over a wire service and on Twitter @Navient.
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 continues its investigation into Navient Corporation (NAVI). Throughout 2017 and 2018, Navient was sued in several civil suits by the U.S. CFPB and Attorneys General from Illinois, Pennsylvania, Washington, California and Mississippi for violations of consumer protection laws based on allegations of widespread acts of misconduct toward loan borrowers. In October 2017, the Company was sued in a securities class action lawsuit for failing to disclose material information, which is ongoing.
WILMINGTON, Del., March 12, 2019 -- Young adults in Wilmington have an opportunity to gain skills in technology that will help them succeed in a competitive workforce, thanks.
NEW YORK, Feb. 27, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
SAN DIEGO, CA / ACCESSWIRE / February 26, 2019 / The Shareholders Foundation, Inc. announces that a lawsuit for certain investors in shares of Navient Corp (NASDAQ: NAVI) is pending against Navient Corp. ...
NEW ORLEANS , Feb. 22, 2019 /PRNewswire/ -- 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 ...
“Navient is committed to maintaining a highly qualified, diverse and independent Board and to following good governance practices that create shareholder value and serve our customers, employees and communities. Navient shareholders do not need to take any action at this time. Morgan Stanley & Co. LLC is acting as financial advisor to Navient and Skadden, Arps, Slate, Meagher & Flom LLP is acting as legal advisor.
LOS ANGELES, Feb. 21, 2019 /PRNewswire/ -- Canyon Capital Advisors LLC (together with certain of its affiliates, "Canyon"), today sent a letter to the board of directors (the "Board") of Navient Corporation ("Navient") (NAVI) proposing a minority slate of four nominees for election to the Board as independent directors at Navient's 2019 annual meeting of stockholders. As you know, Canyon Capital Advisors LLC (together with certain of its affiliates, "Canyon") is the investment advisor to funds and accounts that hold more than 25.6 million shares, over 10%, of the outstanding common stock of the Company. Canyon has been a Navient investor for years and is the Company's largest shareholder.
LOS ANGELES , Feb. 20, 2019 /PRNewswire/ -- Canyon Capital Advisors LLC (together with certain of its affiliates, "Canyon"), today announced that it has withdrawn its February 15, 2019 initial ...
LOS ANGELES, Feb. 19, 2019 /PRNewswire/ -- Canyon Capital Advisors LLC (together with certain of its affiliates, "Canyon"), today sent a letter to the board of directors of Navient Corporation ("Navient") (NAVI) in response to Navient's letter and press release issued on February 18, 2019. Canyon Capital Advisors LLC (together with certain of its affiliates, "Canyon") was surprised and frankly confused by the letter from Company Chairman Diefenderfer and the accompanying press release with respect to Canyon's indication of interest in acquiring the Company for $12.50 a share.
Navient (NAVI) today announced that it has received a highly conditional unsolicited “expression of interest” from Canyon Capital Advisors LLC (“Canyon”) and Platinum Equity Advisors, LLC (“Platinum”) to acquire the Company for $12.50 per share in cash, which represents a premium of only 6.6% over Navient’s most recent closing price on February 15, 2019 of $11.73 per share and a discount of 2.8% to the one-year volume-weighted average price of $12.86 per share. Navient’s Board, in consultation with its financial and legal advisors, has carefully reviewed the expression of interest and unanimously determined that it substantially undervalues the Company and is not in the best interests of Navient or its stockholders. Therefore, Navient’s Board rejected the expression of interest.
WILMINGTON, Del., Feb. 06, 2019 -- Navient (Nasdaq: NAVI), a leading asset management and business processing services company, today announced that its board of directors.
WILKES-BARRE, Pa., Feb. 05, 2019 (GLOBE NEWSWIRE) -- Navient, a leading asset management and business processing services company, honored Lori Ellis with the company’s Solutions Navigator Award. Ellis, a process engineer, was recognized for spearheading innovative tools to support the company’s continuing journey of customer communications improvement. The quarterly award recognizes one employee who demonstrates one or more of Navient's core values: customer-centricity, proactivity, leadership, stability, integrity and innovation.