Navient

Navient Corp. engages in the provision of asset management and business processing solutions for education, healthcare and government clients at the federal, state and local levels. It operates through the following segments: Federal Education Loans, Consumer Lending, Business Processing and Other. The Federal Education Loans segment owns FFELP Loans and performs servicing and asset recovery services on FFELP Loan portfolio. The Consumer Lending segment owns, originates, acquires and services high-quality private education loans. The Business Processing segment engages in the provision of government and healthcare services. The Other segment consists of corporate liquidity portfolio, gains and losses incurred on the repurchase of debt, unallocated expenses of shared services and restructuring/other reorganization expenses. The company was founded on November 7, 2013 and is headquartered in Wilmington, DE.

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Navient reports robust earnings, targets growth in student loan market

Navient's strong financial performance in 2022, coupled with strategic initiatives for 2023, reflects a focus on growth and shareholder value.
While facing challenges from market dynamics and rising rates, Navient is leveraging its strengths in funding markets and operational efficiency.
The company's emphasis on expanding in-school loan originations and refinancing activities highlights its commitment to market growth and customer savings.
Navient's proactive approach to addressing challenges and seizing opportunities positions it for continued success and market expansion.

Navient reports robust Q1 earnings, eyes loan demand opportunities

Navient's Q1 2023 earnings call highlighted strong financial performance, improved credit metrics, and strategic capital management. While facing challenges from CECL accounting and changing rate environments, the company is poised to capitalize on opportunities in consumer lending and loan origination volume.

Navient reports resilient Q2 performance amidst regulatory challenges and growth opportunities

Navient's Q2 2023 performance showcased stability and resilience across its business segments, with a focus on cash flow optimization and efficiency.
Despite challenges such as regulatory uncertainties and ongoing litigation, Navient remains committed to enhancing shareholder value and customer experience.
The company's strategic emphasis on simplicity, financial strength, and growth opportunities positions Navient well for future success and value creation.

Navient reports strong Q3 earnings, focuses on shareholder value

Navient's Q3 performance showcased resilience and growth in key segments. The company remains focused on shareholder value and borrower support. Challenges in loan originations are being addressed, while opportunities for growth are being pursued.

Navient outlines strategic actions to drive efficiency and shareholder value

Navient's performance in 2023 showed progress in efficiency and cost reduction.
Despite challenges like provision increases, strategic initiatives offer growth opportunities.
Capital allocation activities and share repurchases demonstrate commitment to shareholders.
The company aims to reshape its operations and enhance value through strategic actions.

Navient implements cost-saving measures amidst Q1 earnings challenges

Navient is executing strategic initiatives to optimize costs and enhance operational efficiency. Despite challenges in the FFELP portfolio and elevated expenses, the company's core businesses are showing strength. Opportunities in divestiture plans and operational streamlining could drive future growth and profitability.

Navient reports Q2 earnings, focuses on efficiency and shareholder value

Navient's Q2 performance showed progress in strategic actions and financial results.
Despite challenges in net interest margin and prepayment risks, the company is focused on efficiency.
Opportunities lie in divestment discussions, expense reductions, and future growth initiatives.
Overall, Navient aims to enhance shareholder value through disciplined management and strategic actions.

Navient reports mixed Q3 results, focuses on cost reduction

Navient's Q3 performance reflects a mix of challenges and strengths, with strategic actions driving core EPS growth despite a GAAP loss.
The company's focus on cost reduction, divestitures, and capital allocation sets the stage for improved financial flexibility and shareholder value creation.
Ongoing discussions on Government Services and proactive measures for debt reduction signal a dynamic approach to addressing operational challenges and seizing growth opportunities.

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Navient Corp. engages in the provision of asset management and business processing solutions for education, healthcare and government clients at the federal, state and local levels. It operates through the following segments: Federal Education Loans, Consumer Lending, Business Processing and Other. The Federal Education Loans segment owns FFELP Loans and performs servicing and asset recovery services on FFELP Loan portfolio. The Consumer Lending segment owns, originates, acquires and services high-quality private education loans. The Business Processing segment engages in the provision of government and healthcare services. The Other segment consists of corporate liquidity portfolio, gains and losses incurred on the repurchase of debt, unallocated expenses of shared services and restructuring/other reorganization expenses. The company was founded in 1973 and is headquartered in Herndon, VA.

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Navient Corporation (NAVI) CEO Jack Remondi on Q4 2020 Results - Earnings Call Transcript

Navient's (NAVI) Q4 results reflect a decline in provisions, partially offset by lower fee income and rise in expenses.

Navient (NAVI) Q4 Earnings Beat Estimates as Provisions Fall

Navient (NAVI) delivered earnings and revenue surprises of 8.64% and 20.50%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Navient (NAVI) Surpasses Q4 Earnings and Revenue Estimates

WILMINGTON, Del., Jan. 26, 2021 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leading provider of education loan management and business processing solutions, today posted its 2020 fourth quarter financial results. The complete financial results release is available on the company's website at Navient.com/investors. The results will also be available on Form 8-K on the SEC's website at www.sec.gov.

Navient posts fourth quarter 2020 financial results

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Navient (NASDAQ:NAVI) releases its next round of earnings this Tuesday, January 26. Get the latest predictions in Benzinga's essential guide to the company's Q4 earnings report.

Earnings Outlook for Navient

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Lower revenues and rise in expenses might have hurt Navient's (NAVI) earnings in the fourth quarter.

What's in the Offing for Navient (NAVI) in Q4 Earnings?

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New Orleans, Louisiana--(Newsfile Corp. - January 8, 2021) - 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 has commenced an investigation into Navient Corporation (NASDAQ: NAVI). Throughout 2017 and 2018, Navient was sued in several civil lawsuits filed by the U.S. Consumer Financial Protection Bureau ("CFPB") and Attorneys General from Illinois, Pennsylvania, Washington, California and Mississippi for...

NAVIENT INVESTIGATION UPDATE BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Navient Corporation - NAVI

Navient's (NAVI) strategic moves, cost-control efforts and strengthening of business processing continue to drive growth, partly offset by regulatory issues and high debt burden.

Strategic Moves Support Navient (NAVI), High Debt Woes Prevail

WILMINGTON, Del., Jan. 05, 2021 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leading provider of education loan management and business processing solutions, today announced it will release its 2020 fourth quarter and full year financial results on Navient.com/investors after market close on Tuesday, Jan. 26, 2021. Navient will host a conference call to review results on Wednesday, Jan. 27, 2021 at 8 a.m. ET.

Navient to announce fourth quarter 2020 results on Jan. 26, host earnings call on Jan. 27

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Navient (NAVI) a Great Value Stock Right Now?

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In trading on Monday, shares of Navient were yielding above the 7% mark based on its quarterly dividend (annualized to $0.64), with the stock changing hands as low as $9.07 on the day.

Navient Breaks Above 7% Yield Territory

Securities Litigation Partner James Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Navient To Contact Him Directly To Discuss Their OptionsNew York, New York--(Newsfile Corp. - December 5, 2020) - Faruqi & Faruqi, LLP, a leading minority and certified woman-owned national securities law firm, is investigating potential claims against Navient Corporation ("Navient" or the "Company") (NASDAQ: NAVI).The New Jersey Attorney General has sued Navient alleging that the Company used "deceptive" and "misleading" practices to service student loans in violation of the state's consumer protections law. When this news broke, Navient stock fell over 5% on...

Navient Shareholder Alert

Securities Litigation Partner James Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Navient To Contact Him Directly To Discuss Their OptionsNew York, New York--(Newsfile Corp. - November 20, 2020) -  Faruqi & Faruqi, LLP, a leading minority and certified woman-owned national securities law firm, is investigating potential claims against Navient Corporation ("Navient" or the "Company") (NASDAQ:NAVI).The New Jersey Attorney General has sued Navient alleging that the Company used "deceptive" and "misleading" practices to service student loans in violation of the state's consumer protections law. When this news broke, Navient stock fell over 5% on substantial...

Navient Update

Navient (NAVI) reported earnings 30 days ago. What's next for the stock?

Why Is Navient (NAVI) Up 13.8% Since Last Earnings Report?

Securities Litigation Partner James Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Navient To Contact Him Directly To Discuss Their OptionsNew York, New York--(Newsfile Corp. - November 15, 2020) - Faruqi & Faruqi, LLP, a leading minority and certified woman-owned national securities law firm, is investigating potential claims against Navient Corporation ("Navient" or the "Company") (NASDAQ:NAVI).The New Jersey Attorney General has sued Navient alleging that the Company used "deceptive" and "misleading" practices to service student loans in violation of the state's consumer protections law. When this news broke, Navient stock fell over 5% on substantial...

Navient Class Action Reminder

Securities Litigation Partner James Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Navient To Contact Him Directly To Discuss Their OptionsNew York, New York--(Newsfile Corp. - November 1, 2020) - Faruqi & Faruqi, LLP, a leading minority and certified woman-owned national securities law firm, is investigating potential claims against Navient Corporation ("Navient" or the "Company") (NASDAQ:NAVI).The New Jersey Attorney General has sued Navient alleging that the Company used "deceptive" and "misleading" practices to service student loans in violation of the state's consumer protections law. When this news broke, Navient stock fell over 5% on substantial...

NAVIENT SHAREHOLDER NOTICE

SAN DIEGO, Oct. 31, 2020 /PRNewswire/ -- Shareholder Rights Law Firm Johnson &Fistel, LLP is investigating potential violations of federal and state law by Navient Corporation (NASDAQ: NAVI) ("Navient" or the "Company") and certain of its officers. Navient provides education loan...

(NAVI) ALERT: Johnson Fistel Launches Investigation of Navient Corporation; Investors Encouraged to Contact the Firm

NEW YORK--(BUSINESS WIRE)-- #Investigation--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Navient Corporation (NASDAQ: NAVI) on behalf of Navient stockholders. Our investigation concerns whether Navient has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. On October 20, 2020, the Attorney General of New Jersey filed a lawsuit against Navient. That sa

NAVIENT CORPORATION ALERT: Bragar Eagel & Squire, P.C. is Investigating Navient Corporation on Behalf of Navient Stockholders and Encourages Investors to Contact the Firm

NEW YORK--(BUSINESS WIRE)--Labaton Sucharow, a global investor rights law firm, announces an investigation on behalf of purchasers of the securities of Navient (NASDAQ: NAVI) and encourages stock, option, and derivative purchasers to contact the firm. The New Jersey Attorney General Gurbir Grewal sued Navient Corporation (NAVI) on October 21, alleging the student loan servicing giant deployed “deceptive, misleading” tactics to boost its profits. The lawsuit, filed in the Superior Court in Essex

NAVIENT INVESTIGATION: Nationally Recognized Investor Rights Litigation Firm Labaton Sucharow Announces Investigation of Navient Corporation (NASDAQ: NAVI) Concerning Deceptive Conduct

NAVIENT INVESTIGATION:  Nationally Recognized Investor Rights Litigation Firm Labaton Sucharow Announces Investigation of Navient Corporation (NASDAQ: NAVI) Concerning Deceptive Conduct  

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