NAVI - Navient Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
12.66
-0.13 (-1.02%)
At close: 4:00PM EST

11.75 -0.91 (-7.19%)
After hours: 6:02PM EST

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Previous Close12.79
Open12.82
Bid11.80 x 1000
Ask12.00 x 1000
Day's Range12.55 - 12.85
52 Week Range8.23 - 15.02
Volume4,288,056
Avg. Volume2,349,601
Market Cap3.132B
Beta (3Y Monthly)2.27
PE Ratio (TTM)8.50
EPS (TTM)1.49
Earnings DateApr 22, 2019 - Apr 26, 2019
Forward Dividend & Yield0.64 (5.51%)
Ex-Dividend Date2019-02-28
1y Target Est15.22
Trade prices are not sourced from all markets
  • CNBC52 minutes ago

    Stocks making the biggest moves after hours: Avis, Navient, Cheesecake Factory and more

    Check out the companies making headlines after the bell:Avis Budget CAR shares soared nearly 11 percent after hours Wednesday following the release of the rental car company's fourth-quarter earnings beat.

  • PR Newswire2 hours ago

    Canyon Partners Withdraws Indication of Interest in Acquiring Navient and Announces Intention to Propose an Independent Minority Slate of Navient Directors

    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-- Canyon Capital Advisors LLC (together with certain of its affiliates, "Canyon"), today announced that it has withdrawn its February 15, 2019 initial ...

  • Navient (NAVI) in Focus: Stock Moves 9% Higher
    Zacks9 hours ago

    Navient (NAVI) in Focus: Stock Moves 9% Higher

    Navient (NAVI) saw a big move last session, as its shares jumped more than 9% on the day, amid huge volumes.

  • Associated Pressyesterday

    Walmart, D.R. Horton rise; Transocean, Weight Watchers fall

    Stocks that moved substantially or traded heavily on Tuesday: Walmart Inc., up $2.21 to $102.20 The giant retailer's earnings beat analysts' forecasts as online sales grew, as did its grocery pickup and ...

  • Navient Rises as Canyon Says It May Sweeten Rejected Bid
    Bloombergyesterday

    Navient Rises as Canyon Says It May Sweeten Rejected Bid

    The alternative asset manager, whose $12.50-a-share bid was less than the $14 to $15 a share it had been expected to offer and was rejected, said Tuesday that it had “room to raise our price.” The earlier offer, rejected in a letter and press release Monday, represented a 23 percent premium over Navient’s average price during a two-month period, Canyon said. “While Canyon’s bankers initially were hopeful that an offer could be made at $14 to $15 a share, our due diligence raised material questions as to whether that would be justified,” Canyon said in a letter to Navient’s board dated Tuesday. Navient rose as much as 10 percent Tuesday, the biggest gain since November 2016.

  • Navient spars with investment firms after rejecting $3.2B takeover bid
    American City Business Journalsyesterday

    Navient spars with investment firms after rejecting $3.2B takeover bid

    The offer was rejected as being significantly below expectation and not enough information about future plans was provided. Canyon Capital Advisors said it was “surprised and frankly confused” by the company response.

  • CNBCyesterday

    Stocks making the biggest moves midday: Walmart, PG&E, HSBC & more

    Check out the companies making headlines midday Tuesday:Walmart WMT — Walmart shares gained more than 2 percent after the retailer posted better-than-expected earnings and revenue for the holiday quarter.

  • TheStreet.comyesterday

    Navient Rejects Buyout Offer of $12.50/Share

    The board of Navient voted Monday to turn down the proposal of $12.50 a share from hedge fund Canyon Capital Advisors LLC and private-equity firm Platinum Equity Advisors LLC, The Wall Street Journal reported Monday. Navient issued a confirmation. "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.

  • PR Newswireyesterday

    Canyon Partners Issues Letter in Response to Navient Corporation's Letter and Press Release

    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.

  • Investing.comyesterday

    MarketPulse: Navient Surges on Hopes of Improved Takeover Offer

    Investing.com - Student-loan giant Navient rallied Tuesday after Canyon Capital Advisors and Platform Equity Advisors hinted at making an improved offer after an initial $3.1 billion bid was rejected.

  • CNBCyesterday

    Stocks making the biggest moves premarket: Walmart, McDonald's, Southwest & more

    The retailer earned an adjusted $1.41 per share for the fourth quarter, beating estimates by 8 cents a share. Revenue also beat Wall Street forecasts. U.S. comparable-store sales rose 4.2 percent, topping the Refinitiv consensus of a 3.2 percent increase.

  • Navient (NAVI) Rescinds Canyon & Platinum's Takeover Bid Offer
    Zacksyesterday

    Navient (NAVI) Rescinds Canyon & Platinum's Takeover Bid Offer

    Navient Corporation (NAVI) rejects $3.2-billion (2.47 billion pounds) takeover bid offered by hedge fund Canyon Capital Advisors LLC and private-equity firm Platinum Equity Advisors LLC.

  • The Wall Street Journal2 days ago

    [$$] Navient Rejects $3.2 Billion Takeover Bid From Canyon Capital, Platinum Equity

    Navient Corp. has received a buyout offer worth about $3.2 billion from a pair of investors that the student-loan servicer rejected as too low. Navient’s board said Monday that it voted to turn down the $12.50-a-share proposal from hedge fund Canyon Capital Advisors LLC and private-equity firm Platinum Equity Advisors LLC, believing it undervalues the company and is lacking in other ways. The offer represents a 6.6% premium over Navient’s most recent closing price Friday of $11.73 a share.

  • Reuters2 days ago

    Navient rejects $3.2 billion takeover bid from Canyon Capital and Platinum Equity

    By Liana B. Baker (Reuters) - Student-loan servicer Navient Corp has rejected a $3.2 billion (2.47 billion pounds) takeover bid from two investors as it believes the offer undervalues the company. Navient’s ...

  • GlobeNewswire2 days ago

    Navient Rejects Highly Conditional Low-Premium Unsolicited Expression of Interest From Canyon Capital Advisors and Platinum Equity

    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.

  • The Wall Street Journal6 days ago

    Education Department Faulted on Student Loan Servicers

    WASHINGTON—Many Americans with student debt have received bad or inadequate advice from customer-service agents for the federal loan program, possibly contributing to a rise in defaults, a government report said Thursday. The Education Department’s inspector general faulted department leaders for being too lax in regulating the industry that collects student-loan payments for the government. The industry includes 15 firms, known as servicers, which have worked under federal contracts in recent years to deal directly with the roughly 43 million Americans who owe $1.44 trillion in federal student loans.

  • GlobeNewswire14 days ago

    Navient declares first quarter common stock dividend

    WILMINGTON, Del., Feb. 06, 2019 -- Navient (Nasdaq: NAVI), a leading asset management and business processing services company, today announced that its board of directors.

  • GlobeNewswire15 days ago

    Wilkes-Barre woman recognized by local employer with leadership award

    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.

  • Business Wire19 days ago

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

    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.

  • GlobeNewswire20 days ago

    Navient CEO to present at 2019 Credit Suisse Financial Services Forum on Feb. 13

    WILMINGTON, Del., Jan. 31, 2019 -- Navient (Nasdaq: NAVI), a leading asset management and business processing services company, announced today that President and CEO Jack.

  • Thomson Reuters StreetEvents26 days ago

    Edited Transcript of NAVI earnings conference call or presentation 23-Jan-19 1:00pm GMT

    Q4 2018 Navient Corp Earnings Call

  • New York Taps Top Consumer Advocate to Oversee Wall Street Banks
    Bloomberg27 days ago

    New York Taps Top Consumer Advocate to Oversee Wall Street Banks

    Christopher D’Angelo, an associate director of the CFPB’s Supervision, Enforcement and Fair Lending division, will become chief deputy attorney general for economic justice starting in February, Attorney General Letitia James’s office said Thursday. D’Angelo, 39, will be responsible for oversight of New York’s biggest banks and financial institutions, as well as investor protection, antitrust and cases stemming from the state’s powerful Martin Act.

  • GlobeNewswire27 days ago

    Registration opens for annual Ladders and Laces 5K on April 28

    Join a community of runners and walkers in North Eastern Pennsylvania as they support the Hanover Township Fire Department. “The Hanover Area Fire District can’t offer enough appreciation for the thoughtfulness that Navient offers our department,” said Joseph Temerantz, department chief, Hanover Township Fire Department. Without the support of Navient, how we operate would be different and we would not be able to focus on our task at hand.