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.

Navient is a debt servicing company with a primary focus on student loans. The company's revenues have been falling since 2015, and the trend will likely continue.

Navient: A Misunderstood Business

NEW YORK, Oct. 24, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Navient Corporation (NASDAQ: NAVI) resulting from allegations that Navient may have issued materially misleading...

ROSEN, A GLOBALLY RECOGNIZED FIRM, Continues to Investigate Securities Claims Against Navient Corporation - NAVI

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.

Should Value Investors Buy Navient (NAVI) Stock?

New York, New York--(Newsfile Corp. - October 22, 2020) - Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Navient Corporation (NASDAQ: NAVI) resulting from allegations that Navient may have issued materially misleading business information to the investing public.On October 20, 2020, the Attorney General of New Jersey filed a lawsuit against Navient. That same day, in a press release issued by the...

ROSEN, LEADING INVESTOR COUNSEL, Continues to Investigate Securities Claims Against Navient Corporation; Encourages Investors with Losses in Excess of $50K to Contact Firm - NAVI

LOS ANGELES--(BUSINESS WIRE)---- $NAVI #NAVI--INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Navient Corporation.

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Navient Corporation and Encourages Investors with Losses of $100,000 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 STOCK ALERT: Nationally Recognized Investor Rights Litigation Firm Labaton Sucharow Announces Investigation of Navient Corporation (NASDAQ: NAVI) Concerning Deceptive Conduct

LOS ANGELES--(BUSINESS WIRE)---- $NAVI #NAVI--INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Navient Corporation

INVESTIGATION ALERT: The Schall Law Firm Announces It is Investigating Claims Against Navient Corporation and Encourages Investors with Losses of $100,000 to Contact the Firm

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Navient Corporation (NASDAQ: NAVI) resulting from allegations that Navient may have issued materially misleading business information to the investing public. On October 20, 2020, the Attorney General of New Jersey filed a lawsuit against Navient. That same day, in a press release issued by the Office of the Attorney General announc

ROSEN, A TOP RANKED LAW FIRM, Announces Investigation of Securities Claims Against Navient Corporation – NAVI

Navient Corporation (NAVI) CEO Jack Remondi on Q3 2020 Results - Earnings Call Transcript

Navient's (NAVI) Q3 results reflect a decline in expenses and provisions, partially offset by lower fee income.

Navient (NAVI) Q3 Earnings Beat Estimates as Provisions Fall

As of late, it has definitely been a great time to be an investor in Navient.

Navient's (NAVI) Shares March Higher, Can It Continue?

Navient (NAVI) delivered earnings and revenue surprises of 26.92% and 23.10%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Navient (NAVI) Q3 Earnings and Revenues Beat Estimates

Shares of Navient (NASDAQ:NAVI) fell 7.58% in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share rose 58.46% over the past year to $1.03, which beat the estimate of $0.78.

Navient: Q3 Earnings Insights

WILMINGTON, Del., Oct. 20, 2020 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leading provider of education loan management and business processing solutions, today posted its 2020 third-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 third-quarter 2020 financial results

Navient (NASDAQ: NAVI) unveils its next round of earnings this Tuesday, October 20. Here is Benzinga's everything-that-matters guide for the earnings announcement.

A Preview Of Navient's Earnings

Despite low rates, strength in fee income might have supported Navient's (NAVI) earnings in the third quarter.

Will Higher Fee Income Support Navient's (NAVI) Q3 Earnings?

Navient (NAVI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Navient (NAVI) Earnings Expected to Grow: Should You Buy?

Student-loan companies have been accused of not doing enough to help borrowers afford payments.

A student-loan borrower sent more than $1,000 to Navient to pay a $23.39 late fee. It never disappeared

WILMINGTON, Del., Oct. 12, 2020 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in education loan management and business processing solutions, and members of the American Federation of Teachers, representing public service workers, agreed to a settlement that was approved by a U.S. District Court today.

Agreement between Navient and Members of American Federation of Teachers to enhance borrower education on Public Service Loan Forgiveness receives final approval

WILMINGTON, Del., Oct. 06, 2020 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leading provider of education loan management and business processing solutions, today announced it will release its 2020 third-quarter financial results on Navient.com/investors after market close on Tuesday, October 20, 2020. Navient will host a conference call to review results on Wednesday, October 21, 2020 at 8 a.m. ET.

Navient to announce third-quarter 2020 results on October 20, host earnings call on October 21

WILMINGTON, Del., Oct. 06, 2020 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in education loan management and business processing solutions, announced the appointment of Joe Fisher as executive vice president and chief financial officer, effective Oct. 7, 2020.

Navient appoints Joe Fisher as new CFO

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Contributions will support virtual early literacy programs Contributions will support virtual early literacy programs

Navient Foundation supports local library’s literacy development programs

WILMINGTON, Del., Sept.  02, 2020  (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leading provider of education loan management and business processing solutions, today announced that President and CEO Jack Remondi will participate in a virtual fireside chat at the Barclays 2020 Global Financial Services Conference on Monday, Sept. 14. Remondi will deliver remarks at 1:15 p.m. ET.

News for Navient Stock (NAVI)