|Bid||12.52 x 1000|
|Ask||15.89 x 29200|
|Day's Range||13.38 - 13.68|
|52 Week Range||11.48 - 16.92|
|PE Ratio (TTM)||11.16|
|Earnings Date||Jul 24, 2018|
|Forward Dividend & Yield||0.64 (4.87%)|
|1y Target Est||17.16|
Moody's Investors Service, ("Moody's") has placed on review with direction uncertain one class of notes issued by Collegiate Funding Services Education Loan Trust 2005-B. The securitization is backed by student loans originated under the Federal Family Education Loan Program (FFELP) that are guaranteed by the US government for a minimum of 97% of defaulted principal and accrued interest. Today's action reflects the uncertainty related to the remaining term of the loans following a servicing transfer in 2017, after Navient purchased the membership interest in Collegiate Funding Services, LLC (previously owned by JP Morgan Chase) and became the master servicer and administrator for this transaction.
The nation's consumer watchdog agency is accusing the Education Department of impeding a lawsuit that could potentially bring financial relief to millions of student loan borrowers. The Consumer Financial ...
Students will return to school with new supplies thanks to Kids R First, an all-volunteer nonprofit committed to helping kids in need. The Navient Foundation, the company’s philanthropic fund, donated $7,500 to the program to support the purchase of school supplies for 1,150 students. “Navient’s donation will provide students with the tools they need to succeed in school,” said Susan Ungerer, president and CEO, Kids R First.
Making extra payments on your student loan balance will release you from your debt sooner, and save you interest. After nearly two decades of student loan payments, Lisa Wickman saw the light. “It got very frustrating,” said the 53-year-old Wickman.
Moody's Investors Service ("Moody's") has upgraded two classes of notes from one SLM Student Loan Trust transaction. The underlying collateral consists of loans originated under the Federal Family Education Loan Program (FFELP), which are guaranteed by the US government for a minimum of 97% of defaulted principal and accrued interest. Navient Solutions, LLC., is the sponsor, administrator and servicer of the transaction.
Navient (NAVI), a leading asset management and business processing services company, today announced that it will release its 2018 second-quarter financial results on navient.com/investors after market close on Tuesday, July 24, 2018. Navient will notify investors that earnings results have been issued by a news release over Nasdaq’s wire service and on Twitter @Navient. In addition, the earnings results will also be filed with the Securities and Exchange Commission on a Form 8-K, which will be available on the SEC website.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting NAVI. Over the last one-month, outflows of investor capital in ETFs holding NAVI totaled $3.51 billion.
The state’s attorney general said Thursday that he plans to file a suit accusing the student loan company of misleading borrowersCalifornia Attorney General Xavier Becerra said Thursday he planned to file a suit against the company. America’s student loan giant is facing a challenge from one of the biggest states in the country. Xavier Becerra, California’s attorney general, said Thursday he’ll file a lawsuit against (NAVI) alleging that the student-loan servicer threw roadblocks in the way of borrowers successfully repaying their loans in violation of California law.
California's attorney general announced Thursday he is suing the nation's largest student loan processor, alleging it is harming consumers by failing to properly service the debts. Attorney General Xavier Becerra said the state will sue Navient Corp. this week, contending the Delaware-based company financially harmed thousands of Californians. "No one should have their American dream shattered because some loan servicing company is cheating these future leaders of a chance to move ahead," Becerra said, a Democrat running in the November election.
The allegations are unfounded, and the lawsuit is another attempt to blame a single servicer for the failures of the higher education system and the federal student loan program to deliver desired outcomes. Provide financial advice to students and families about the total cost of earning a degree, how much to borrow and whether the amount borrowed is reasonable as all of these decisions are made prior to the servicer entering the picture. Ironically, to date, this focus has been on the one servicer, Navient, that leads the industry with the lowest default rates and the highest enrollment in alternative repayment programs.
Sallie Mae (SLM) is expected to remain on the growth curve as originations continue to rise. However, elevated expenses remain a concern for the company.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Over the last one-month, outflows of investor capital in ETFs holding NAVI totaled $80 million.
Valuing NAVI, a financial stock, can be daunting since consumer financials generally have cash flows that are impacted by regulations that are not imposed upon other industries. For instance, theseRead More...
Moody's Investors Service ("Moody's") has downgraded two classes of notes and confirmed one class of notes from two SLM Student Loan Trust transactions. The underlying collateral consists of loans originated under the Federal Family Education Loan Program (FFELP), which are guaranteed by the US government for a minimum of 97% of defaulted principal and accrued interest. Navient Solutions, LLC., is the sponsor, administrator and servicer of the transactions.
Fewer than 1 in 10 millennials identify their career as their top priority, according to a newly released special report from Navient’s Money Under 35 national study, conducted with Ipsos. The research finds young adults, ages 22 to 35, are more likely to say that just being happy or spending time with family is "most important" to them. The research takes a closer look at job satisfaction, educational fit and how young adults feel about their current and future career paths.
WILMINGTON, Del., June 19, 2018-- The Navient Foundation, the company’ s philanthropic fund, contributed $10,000 to the Rose Hill Community Center, Inc.’ s Teen Society program. The program provides students, ...
A great investment for income investors with a long time horizon is in dividend-paying companies like Greif. Dividend stocks are a safe bet to increase your portfolio value as theyRead More...
Woodhull Raceway welcomes local employer Navient to celebrate Woodhull Raceway on Saturday, June 16. Visitors will enjoy a night at the races and learn more about Navient and its job opportunities. Employees from Navient will be on hand with a display on the midway to pass out job applications and share information about why they chose Navient for their career.
Ahead of today's trading session, WallStEquities.com has initiated research coverage on Blackhawk Network Holdings Inc. (NASDAQ: HAWK), MoneyGram International Inc. (NASDAQ: MGI), Navient Corp. (NASDAQ: NAVI), and On Deck Capital Inc. (NYSE: ONDK). On Tuesday, shares in Pleasanton, California headquartered Blackhawk Network Holdings Inc. ended the day 0.11% higher at $45.15. The stock recorded a trading volume of 208,107 shares.
Outstanding student loan debt in the U.S. has tripled over the last decade, surpassing auto and credit card debt and only second to housing debt, and now stands at $1.5 trillion . "There are ways these loans are structured that encourage this ballooning," said Persis Yu, director of the Student Loan Borrower Assistance Project at the National Consumer Law Center, a nonprofit advocacy group. Debbie Baker took out $35,000 in federal student loans while at the University of Tulsa in the 1990s, to become a music teacher in Oklahoma's public schools.
Delaware children will continue to learn and explore throughout the summer with the YMCA of Delaware statewide summer camp program. The Navient Foundation, the company-sponsored philanthropic fund, donated $6,000 to provide financial assistance to help more children attend camp this summer. “We are grateful for Navient Foundation’s continuous support of our youth development programs including summer camp,” said Deborah Bagatta-Bowles, president and CEO, YMCA of Delaware.
Deluxe and Navient may be trading at prices below their likely values. This suggests that these stocks are undervalued, meaning we can benefit when the stock price moves to itsRead More...