Navient is a leading provider of education loan management and business processing solutions for education, healthcare, and government clients at the federal, state, and local levels. Navient helps clients and millions of Americans achieve success through technology-enabled financing, services, and support.

Company profile
Ticker
NAVI, JSM
Exchange
Website
CEO
John Remondi
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
New Corp
SEC CIK
Corporate docs
Subsidiaries
Navient Credit Finance Corporation • Navient Credit Funding, LLC • Navient Funding, LLC • Riverfront Insurance, LLC ...
NAVI stock data
News

Stocks That Hit 52-Week Lows On Monday
13 Jun 22
Navient's Xtend Healthcare Reports Achieved HITRUST Risk-Based, 2-Year Certification Mitigate Risk In third-Party Privacy, Security, Compliance
25 May 22
Stocks That Hit 52-Week Lows On Tuesday
24 May 22
Navient Q1 Adj. Core EPS $0.90 Beats $0.75 Estimate
26 Apr 22
Earnings Scheduled For April 26, 2022
26 Apr 22
Press releases
Xtend Healthcare achieves HITRUST risk-based, 2-year certification to further mitigate risk in third-party privacy, security, and compliance
25 May 22
Navient declares second quarter common stock dividend
19 May 22
Boys & Girls Clubs of Delaware, Navient Host College Planning Conferences Throughout Delaware
6 May 22
Navient posts first quarter 2022 financial results
26 Apr 22
Katherine Lehman to leave Navient board of directors
21 Apr 22
Analyst ratings and price targets
Current price
Average target
$17.50
Low target
$17.00
High target
$18.00
JP Morgan
Downgraded
$17.00
Calendar
27 Apr 22
29 Jun 22
31 Dec 22
Financial summary
Quarter (USD) | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 3.21B | 3.21B | 3.21B | 3.21B | 3.21B | 3.21B |
Cash burn (monthly) | 121.33M | 74M | (no burn) | (no burn) | 36.33M | (no burn) |
Cash used (since last report) | 359.87M | 219.48M | n/a | n/a | 107.76M | n/a |
Cash remaining | 2.85B | 2.99B | n/a | n/a | 3.11B | n/a |
Runway (months of cash) | 23.5 | 40.5 | n/a | n/a | 85.5 | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Apr 22 | Newbury Investors | Buy | Acquire P | Yes | No | 17.13 | 326,000 | 5.58M | 29,449,997 | |
31 Mar 22 | Newbury Investors | Buy | Acquire P | Yes | No | 17.13 | 315,408 | 5.4M | 29,123,997 | |
1 Mar 22 | Mark L Heleen | Common Stock | Payment of exercise | Dispose F | No | No | 17.06 | 21,581 | 368.17K | 374,073.256 |
1 Mar 22 | John M Kane | Common Stock | Payment of exercise | Dispose F | No | No | 17.06 | 26,853 | 458.11K | 598,817.476 |
1 Mar 22 | Stephen M Hauber | Common Stock | Payment of exercise | Dispose F | No | No | 17.06 | 13,847 | 236.23K | 212,620.72 |
Institutional ownership, Q1 2022
99.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 264 |
Opened positions | 43 |
Closed positions | 44 |
Increased positions | 55 |
Reduced positions | 124 |
13F shares | Current |
---|---|
Total value | 3.23B |
Total shares | 146.57M |
Total puts | 1.66M |
Total calls | 261.7K |
Total put/call ratio | 6.4 |
Largest owners | Shares | Value |
---|---|---|
Sherborne Investors | 29.45M | $501.83M |
BLK Blackrock | 17.58M | $299.61M |
Vanguard | 14.81M | $252.36M |
Cantor Fitzgerald Europe | 12.61M | $267.66M |
Dimensional Fund Advisors | 11.42M | $194.61M |
LSV Asset Management | 7.16M | $121.92M |
STT State Street | 5.32M | $90.71M |
FMR | 2.99M | $50.98M |
Geode Capital Management | 2.82M | $47.98M |
Jacobs Levy Equity Management | 2.81M | $47.86M |
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
8th grade Avg
|
New words:
AA, adversarial, alerting, ARRC, automatically, automation, avoiding, Bankruptcy, BGCA, blend, carbon, cashflow, cloud, Code, Committee, communicable, consent, coordinate, coupon, curve, deteriorate, develop, differentiated, dispute, dynamic, effectuate, EFTA, embracing, enactment, energy, entity, estate, exemplary, external, facilitate, fallback, FASB, formula, hand, impossible, impracticable, indirect, inflation, institutional, insulation, intelligent, internship, Learn, learning, legacy, machine, Merry, Moody, multiple, noteholder, omnichannel, orderly, outperform, partnership, Percent, permissible, premier, prioritized, profile, purpose, real, recognition, reimbursement, replace, replacement, resource, simplification, small, SOFR, TILA, troubled, trustee, Truth, Ukraine, unprecedented, unpredictable, unused, USD, Vintage, war, widespread, winddown
Removed:
accrual, accurately, adapt, Advocating, albeit, attention, Attorney, bearing, began, begin, beginning, border, BPS, cancellation, CECL, chain, citizen, close, Cohort, collectively, college, Commonwealth, confidence, consistently, continuity, cumulatively, declared, declined, delinquent, delivering, disease, disruption, dollar, driven, economy, emergency, enabled, encouraging, enhance, enrolling, enrollment, environmental, evolved, experienced, expert, foresee, generated, greatly, grew, half, heading, highlight, hit, home, hygiene, impacting, impaired, implemented, improved, integrating, job, leader, leading, led, LLC, maintained, marketed, multichannel, offered, onset, outbreak, outlook, paying, peak, peaking, performer, perspective, postponement, productivity, put, quickly, ready, rebuild, recent, recommending, reduced, released, remotely, represented, requiring, Residual, restarted, resume, returning, seasoned, situation, slightly, spending, streamline, strive, subsequent, subsequently, suggest, supply, tightened, today, top, Trade, traditionally, travel, unamortized, unrecognized, visibility, warrant, widely, World
Financial reports
Current reports
8-K
Submission of Matters to a Vote of Security Holders
7 Jun 22
8-K
Regulation FD Disclosure
28 Apr 22
8-K
Navient posts first quarter 2022 financial results
26 Apr 22
8-K
Nomination and Cooperation Agreement
18 Apr 22
8-K
Regulation FD Disclosure
28 Feb 22
8-K
Navient posts fourth quarter 2021 financial results
25 Jan 22
8-K
Navient announces successful resolution of legal matters with state attorneys general
13 Jan 22
8-K
Entry into a Material Definitive Agreement
20 Dec 21
8-K
Entry into a Material Definitive Agreement
4 Nov 21
8-K
Regulation FD Disclosure
29 Oct 21
Registration and prospectus
8-A12B
Registration of securities on exchange
20 Dec 21
424B2
Prospectus for primary offering
3 Nov 21
FWP
Free writing prospectus
1 Nov 21
424B5
Prospectus supplement for primary offering
1 Nov 21
424B2
Prospectus for primary offering
29 Jan 21
FWP
Free writing prospectus
28 Jan 21
424B5
Prospectus supplement for primary offering
28 Jan 21
S-3ASR
Automatic shelf registration
28 May 20
424B2
Prospectus for primary offering
26 Jan 20
FWP
Free writing prospectus
23 Jan 20
Proxies
DEFA14A
Additional proxy soliciting materials
21 Apr 22
DEFA14A
Additional proxy soliciting materials
9 Apr 21
DEFA14A
Additional proxy soliciting materials
9 Apr 20
DEF 14A
Definitive proxy
9 Apr 20
DEFA14A
Additional proxy soliciting materials
8 May 19
DEFA14A
Additional proxy soliciting materials
2 May 19
DEFA14A
Additional proxy soliciting materials
2 May 19
DEFA14A
Additional proxy soliciting materials
30 Apr 19
Other
CORRESP
Correspondence with SEC
11 Apr 19
UPLOAD
Letter from SEC
10 Apr 19
UPLOAD
Letter from SEC
10 Apr 19
CT ORDER
Confidential treatment order
15 May 17
NO ACT
No action letter
12 Feb 17
NO ACT
No action letter
12 Feb 17
UPLOAD
Letter from SEC
9 Nov 16
CORRESP
Correspondence with SEC
8 Nov 16
CORRESP
Correspondence with SEC
8 Sep 16
UPLOAD
Letter from SEC
28 Aug 16
Ownership
11-K
Annual report of employee stock purchases
29 Jun 22
SC 13D/A
NAVIENT / Sherborne Investors ownership change
18 Apr 22
4
NAVIENT / EDWARD J BRAMSON ownership change
4 Apr 22
3
NAVIENT / EDWARD J BRAMSON ownership change
4 Apr 22
SC 13G/A
NAVIENT / Cantor Fitzgerald Europe ownership change
4 Apr 22
SC 13D/A
NAVIENT / Sherborne Investors ownership change
4 Apr 22
SC 13D/A
NAVIENT / Sherborne Investors ownership change
18 Mar 22
SC 13D/A
NAVIENT / Sherborne Investors ownership change
11 Mar 22
SC 13D
NAVIENT / Sherborne Investors ownership change
4 Mar 22
4
NAVIENT / JOHN M KANE ownership change
3 Mar 22
Transcripts
2022 Q1
Earnings call transcript
27 Apr 22
2021 Q4
Earnings call transcript
26 Jan 22
2021 Q3
Earnings call transcript
27 Oct 21
2021 Q2
Earnings call transcript
28 Jul 21
2021 Q1
Earnings call transcript
28 Apr 21
2020 Q4
Earnings call transcript
27 Jan 21
2020 Q3
Earnings call transcript
21 Oct 20
2020 Q2
Earnings call transcript
22 Jul 20
2020 Q1
Earnings call transcript
22 Apr 20
2019 Q4
Earnings call transcript
22 Jan 20
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