Navient (NAVI)

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

NASDAQ

Website

www.navient.com

CEO

John Remondi

Incorporated

Delaware

Location

Delaware

Fiscal year end

Dec 31

Sector

Finance and Insurance > Credit Card Issuing

Industry (SIC)

Security Brokers, Dealers & Flotation Companies

Goldman Sachs • Morgan Stanley • Nomura • Blackrock • Charles Schwab • Jefferies • Interactive Brokers • Raymond James Financial • TD Ameritrade Holding • Jones Financial Companies LLLP ...

Former names

New Corp

SEC CIK

0001593538

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Navient Credit Finance Corporation • Navient Credit Funding, LLC • Navient Funding, LLC • Riverfront Insurance, LLC ...

NAVI stock data

1M 1Y 5Y

News

From Benzinga Pro

Stocks That Hit 52-Week Lows On Monday

13 Jun 22

During Monday's trading, 1214 companies set new 52-week lows.

Navient's Xtend Healthcare Reports Achieved HITRUST Risk-Based, 2-Year Certification Mitigate Risk In third-Party Privacy, Security, Compliance

25 May 22

Xtend Healthcare, a leading healthcare revenue cycle management company, today announced that, Prism, its proprietary suite of applications and its implementation of Finvi’s FACS application, has earned Certified

Stocks That Hit 52-Week Lows On Tuesday

24 May 22

On Tuesday, 540 companies set new 52-week lows.

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

From Benzinga Pro

Xtend Healthcare achieves HITRUST risk-based, 2-year certification to further mitigate risk in third-party privacy, security, and compliance

25 May 22

HENDERSONVILLE, Tenn., May 25, 2022 (GLOBE NEWSWIRE) -- Xtend Healthcare, a leading healthcare revenue cycle management company, today announced that, Prism, its proprietary suite of applications and its implementation

Navient declares second quarter common stock dividend

19 May 22

WILMINGTON, Del., May 19, 2022 (GLOBE NEWSWIRE) -- Navient (NASDAQ:NAVI), a leader in technology-enabled education finance and business processing solutions, announced that its board of directors approved a 2022 second

Boys & Girls Clubs of Delaware, Navient Host College Planning Conferences Throughout Delaware

6 May 22

WILMINGTON, Del., May 06, 2022 (GLOBE NEWSWIRE) -- The Boys & Girls Club of Delaware, a seasoned leader in youth development, and Navient (NASDAQ:NAVI), a leader in technology-enabled education finance and business

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

Last 3 months

Average target

$17.50

Low target

$17.00

High target

$18.00

Compass Point

Downgraded

Neutral

$18.00

31 Mar 22

Calendar

27 Apr 22

29 Jun 22

31 Dec 22

Financial summary

Financial statements Chart NAVI financial data

Quarter (USD)	Mar 22	Dec 21	Sep 21	Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
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

Beta Read what these cash burn values mean

Financial data from Navient earnings reports.

Recent insider trades

NAVI insider ownership history Insider history

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

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

NAVI institutional ownership history Ownership history

99.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	264	265	-0.4%
Opened positions	43	33	+30.3%
Closed positions	44	39	+12.8%
Increased positions	55	59	-6.8%
Reduced positions	124	128	-3.1%

13F shares	Current	Prev Q	Change
Total value	3.23B	3.49B	-7.4%
Total shares	146.57M	141.06M	+3.9%
Total puts	1.66M	499.3K	+233.2%
Total calls	261.7K	241.6K	+8.3%
Total put/call ratio	6.4	2.1	+207.6%

Largest owners	Shares	Value	Change
Sherborne Investors	29.45M	$501.83M	NEW
BLK Blackrock	17.58M	$299.61M	-5.7%
Vanguard	14.81M	$252.36M	-7.7%
Cantor Fitzgerald Europe	12.61M	$267.66M	0.0%
Dimensional Fund Advisors	11.42M	$194.61M	-6.3%
LSV Asset Management	7.16M	$121.92M	-1.3%
STT State Street	5.32M	$90.71M	-1.6%
FMR	2.99M	$50.98M	-56.1%
Geode Capital Management	2.82M	$47.98M	-2.5%
Jacobs Levy Equity Management	2.81M	$47.86M	+900.7%

Largest transactions	Shares	Bought/sold	Change
Sherborne Investors	29.45M	+29.45M	NEW
Cantor Fitzgerald, L. P.	0	-12.61M	EXIT
FMR	2.99M	-3.83M	-56.1%
Jacobs Levy Equity Management	2.81M	+2.53M	+900.7%
Arrowstreet Capital, Limited Partnership	0	-2.27M	EXIT
Vanguard	14.81M	-1.24M	-7.7%
BLK Blackrock	17.58M	-1.07M	-5.7%
MS Morgan Stanley	683.13K	-888.15K	-56.5%
Dimensional Fund Advisors	11.42M	-761.96K	-6.3%
JPM JPMorgan Chase & Co.	1.07M	-747.24K	-41.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Nelnet

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	8th grade Avg

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From filing 10-Q 2022 Q1

Financial reports

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