Navient Corp (NAVI) Set to Announce Earnings on Wednesday
Navient Corp (NASDAQ:NAVI) will be posting its Q311 quarterly earnings results on Wednesday, July 16th. Analysts expect Navient Corp to post earnings of $0.53 per share and revenue of $572.33 million for the quarter.
Navient Corp (NASDAQ:NAVI) opened at 18.00 on Tuesday. Navient Corp has a 1-year low of $15.00 and a 1-year high of $18.065. The stock’s 50-day moving average is $17.03 and its 200-day moving average is $16.. The company has a market cap of $7.610 billion and a P/E ratio of 6.21.
NAVI has been the subject of a number of recent research reports. Analysts at Compass Point raised their price target on shares of Navient Corp from $19.00 to $21.00 in a research note on Monday. They now have a “buy” rating on the stock. Finally, analysts at TheStreet downgraded shares of Navient Corp from a “hold” rating to a “sell” rating in a research note on Tuesday, June 3rd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $18.60.
Navient Corporation holds the portfolio of education loans insured or guaranteed under the Federal Family Education Loan Program (NASDAQ:NAVI), as well as the portfolio of private education loans (Private Education Loans).
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