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 2024

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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 on November 7, 2013 and is headquartered in Herndon, VA.

Navient Corporation (NASDAQ:NAVI ) Q3 2022 Earnings Conference Call October 26, 2022 8:00 AM ET Company Participants Jennifer Earyes - Head of Investor Relations Jack Remondi - President & Chief Executive Officer Joe Fisher - Executive Vice President & Chief Financial Officer Conference Call Participants Mark DeVries - Barclays Bill Ryan - Seaport Steven Kwok - KBW Moshe Orenbuch - Credit Suisse Rick Shane - JPMorgan Jeff Adelson - Morgan Stanley Courtney Bahlman - Barclays Operator Good day, ladies and gentlemen, thank you for standing by. And welcome to Navient Third Quarter 2022 Earnings Conference Call.

Navient Corporation (NAVI) Q3 2022 Earnings Call Transcript

Navient (NAVI) delivered earnings and revenue surprises of -2.60% and 11.53%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Navient (NAVI) Lags Q3 Earnings and Revenue Estimates

WILMINGTON, Del., Oct. 25, 2022 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, today posted its 2022 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 2022 financial results

Lower demand for refinance loans due to the federal loan forgiveness policy, and a decline in fee income and NII are likely to have hurt Navient's (NAVI) Q3 earnings.

What is in the Offing for Navient (NAVI) in 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) Expected to Beat Earnings Estimates: Should You Buy?

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WILMINGTON, Del., Oct. 11, 2022 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, plans to release its 2022 third quarter financial results on Navient.com/investors after market close on Tuesday, Oct. 25, 2022.

Navient to announce third quarter 2022 results on Oct. 25, host earnings webcast on Oct. 26

The shares of Navient Corp (NASDAQ:NAVI) are down 2.1% at $14.69 premarket, after Barclays downgraded the stock to "equal weight" from "overweight," with a price-target cut to $13 from $19.

Loan Forgiveness Could Hurt Navient Stock, Says Analyst

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WILMINGTON, Del., Sept. 02, 2022 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, today announced that President and CEO Jack Remondi will participate in a fireside chat at the Barclays 2022 Global Financial Services Conference on Tuesday, Sept. 13. Remondi will deliver remarks at 12:00 p.m. ET.

Navient President and CEO to present at Barclays 2022 Global Financial Services Conference on Sept. 13

Shares of Navient (NASDAQ: NAVI ) are in the red following President Joe Biden's decision to cancel $10,000 in student debt for individuals making less than $125,000 a year in income and for couples making less than $250,000 a year. Recipients of the Pell Grant who make less than $125,000 per year are eligible to have another $10,000 of student debt slashed.

Navient (NAVI) Stock Falls on Student Loan Forgiveness Threat

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March-April 2022 UBS, Kiplinger, and Barrons analysts/reporters combined to list five sets of stocks sorted as: “Inflation Busters for 2022.” Those five articles revealed 48 equities, with 43 paying dividends.

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Navient, Boys & Girls Clubs of America extend multi-year partnership through support of Keystone Club and national conference Navient, Boys & Girls Clubs of America extend multi-year partnership through support of Keystone Club and national conference

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Navient Corporation (NASDAQ:NAVI ) Q2 2022 Earnings Conference Call July 27, 2022 8:00 AM ET CompanyParticipants Joe Fisher - Executive Vice President & Chief Financial Officer Jack Remondi - President & Chief Executive Officer Conference Call Participants John Hecht - Jefferies Mark DeVries - Barclays Moshe Orenbuch - Credit Suisse Sanjay Sakhrani - KBW Bill Ryan - Seaport Research Courtney Bahlman - Barclays Operator Good morning, ladies and gentlemen. Thank you for standing by and welcome to Navient Second Quarter 2022 Earnings Conference Call.

Navient Corporation (NAVI) CEO Jack Remondi on Q2 2022 Results - Earnings Call Transcript

Decline in expenses supports Navient's (NAVI) Q2 earnings. However, a fall in NII and fee income weighs on it.

Navient (NAVI) Up as Q2 Earnings Beat Estimates on Lower Costs

Navient (NAVI) delivered earnings and revenue surprises of 16.46% and 2.46%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Navient (NAVI) Surpasses Q2 Earnings and Revenue Estimates

WILMINGTON, Del., July 26, 2022 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, today posted its 2022 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 2022 financial results

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Despite an improved lending scenario, lower revenues, driven by a decline in fee income and NII, are likely to have hurt Navient's (NAVI) Q2 earnings.

What's in the Cards for Navient (NAVI) This Earnings Season?

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WILMINGTON, Del., July 12, 2022 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, plans to release its 2022 second quarter financial results on Navient.com/investors after market close on Tuesday, July 26, 2022.

Navient to announce second quarter 2022 results on July 26, host earnings webcast on July 27

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WILMINGTON, Del., June 28, 2022 (GLOBE NEWSWIRE) -- Delaware Tech is announcing the grand opening of its new Veterans Resource Center in Wilmington, supported by a grant from the Navient Community Fund. Located at the Orlando J. George, Jr., campus, the center provides a lounge area for students with military ties to study and connect. It also serves as a meeting space for Veterans Inspiring Progress (VIP), a student organization that offers support and networking for the campus veteran community.

Delaware Tech's Wilmington campus opens Veterans Resource Center supported by Navient Community Fund

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

Why Is Navient (NAVI) Down 7.2% Since Last Earnings Report?

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 of Finvi's FACS application, has earned Certified status for information security by HITRUST.

News for Navient Stock (NAVI)