Media coverage about Navient (NASDAQ:NAVI) has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Navient earned a daily sentiment score of 0.18 on Accern’s scale. Accern also gave media coverage about the credit services provider an impact score of 45.7142676047362 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news headlines that may have effected Accern’s scoring:
Shares of NAVI opened at $13.44 on Monday. The stock has a market capitalization of $3,539.93, a P/E ratio of 7.51, a price-to-earnings-growth ratio of 1.17 and a beta of 2.20. Navient has a one year low of $11.48 and a one year high of $16.97. The company has a quick ratio of 22.35, a current ratio of 22.35 and a debt-to-equity ratio of 30.13.
Navient (NASDAQ:NAVI) last issued its quarterly earnings results on Tuesday, January 23rd. The credit services provider reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.01. The firm had revenue of $366.00 million during the quarter, compared to the consensus estimate of $362.33 million. Navient had a return on equity of 13.90% and a net margin of 5.94%. During the same quarter in the prior year, the business posted $0.43 earnings per share. research analysts anticipate that Navient will post 1.91 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, June 15th. Investors of record on Friday, June 1st will be issued a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 4.76%. The ex-dividend date is Thursday, May 31st. Navient’s dividend payout ratio is currently 35.75%.
A number of equities research analysts have recently issued reports on the company. ValuEngine lowered Navient from a “buy” rating to a “hold” rating in a research note on Monday, April 2nd. Compass Point upgraded Navient from a “neutral” rating to a “buy” rating and set a $16.00 target price for the company in a research note on Wednesday, April 4th. Zacks Investment Research lowered Navient from a “hold” rating to a “sell” rating in a research note on Tuesday, January 9th. Jefferies Group reiterated a “hold” rating and issued a $15.00 target price on shares of Navient in a research note on Thursday, January 25th. Finally, UBS assumed coverage on Navient in a research note on Monday, January 8th. They issued a “market perform” rating for the company. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $17.55.
In related news, SVP Stephen M. Hauber sold 17,423 shares of the stock in a transaction dated Monday, January 29th. The stock was sold at an average price of $14.40, for a total value of $250,891.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.68% of the company’s stock.
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Navient Corporation provides asset management and business processing services to education, health care, and government clients at the federal, state, and local levels in the United States. The company operates in three segments: Federal Family Education Loan Program (FFELP) Loans, Private Education Loans, and Business Services.
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