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.

Earnings data Q1 2021

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Earnings data Q1 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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

Why Is Navient (NAVI) Up 9.8% Since Last Earnings Report?

Navient Corporation (NAVI) CEO Jack Remondi on Q2 2020 Results - Earnings Call Transcript

Navient's (NAVI) Q2 results reflect a decline in expenses and provisions, partially offset by lower fee income.

Navient (NAVI) Q2 Earnings Beat Estimates as Provisions Fall

WILMINGTON, Del., July  21, 2020  (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leading provider of education loan management and business processing solutions, today posted its 2020 second-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 second-quarter 2020 financial results

Lower interest rates and an increase in expenses are expected to have hurt Navient's (NAVI) Q2 earnings.

Navient (NAVI) to Report Q2 Earnings: What's in the Cards?

Moody's Investors Service downgrades outlook for Navient (NAVI) to negative due to the company's decision of not to sign federal direct student loans servicing contract with DOE.

Navient's Ratings Affirmed by Moody's, Outlook Negative

WILMINGTON, Del., June  19, 2020  (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in education loan management and business processing solutions, today announced that it will help more people learn about Public Service Loan Forgiveness, a government program that forgives outstanding student loan debt for nonprofit and government workers after 10 years of payments, through a settlement reached with members of the American Federation of Teachers representing public service workers. Navient will also implement enhancements in its call center, drawing on input from the American Federation of Teachers.

Navient, American Federation of Teachers agree to work together to enhance borrower education on Public Service Loan Forgiveness Program

WILMINGTON, Del., June  02, 2020  (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in education loan management and business processing solutions, announced that its Chief Financial Officer, Christian Lown, has resigned to accept a new career opportunity.

Navient announces CFO changes

Why Is Navient (NAVI) Up 7.6% Since Last Earnings Report?

WILMINGTON, Del., May  20, 2020  (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in education loan management and business processing solutions, today virtually held its 2020 Annual Meeting of Shareholders. Shareholders voted in accordance with the recommendations of the company’s board of directors to approve three proposals and elect nine nominees to the board.

Navient Holds 2020 Annual Shareholder Meeting

Navient Corporation (NAVI) CEO Jack Remondi on Q1 2020 Results - Earnings Call Transcript

Navient's (NAVI) Q1 results reflect a decline in revenues and higher provisions, partially offset by stable expenses.

Navient (NAVI) Q1 Earnings Lag Estimates as Revenues Fall

Navient (NAVI) delivered earnings and revenue surprises of -29.17% and 3.48%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Navient (NAVI) Lags Q1 Earnings Estimates

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Lower interest rates and an increase in expenses are likely to have hurt Navient's (NAVI) Q1 earnings.

Lower Interest Rates to Hurt Navient's (NAVI) Q1 Earnings

Credit Acceptance

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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) Stock Undervalued Right Now?

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Navient's (NAVI) focus on improving the top line by leveraging its asset recovery and developing technology platform encourages us.

Organic Growth Efforts Support Navient (NAVI): Time to Buy?

WILMINGTON, Del., March  20, 2020  (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leading provider of education loan management and business processing solutions, announced today the successful completion of its third private education loan issuance of 2020. The collateral backing the $546 million NAVSL 2020-C transaction consists entirely of legacy private education loans that were previously funded through the SLM 2010-A transaction.

Navient announces ABS transaction, continued support for borrowers

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