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Shares of Navient Corp (NASDAQ:NAVI) have earned an average rating of “Buy” from the nine ratings firms that are presently covering the company, American Banking reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $18.00.

In other Navient Corp news, Director Barry Lawson Williams unloaded 14,450 shares of the company’s stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $17.42, for a total value of $251,719.00. The transaction was disclosed in a filing with the SEC, which is available at this link.

A number of analysts have recently weighed in on NAVI shares. Analysts at Compass Point reiterated a “focus list” rating on shares of Navient Corp in a research note on Monday, July 14th. Separately, analysts at TheStreet downgraded shares of Navient Corp from a “hold” rating to a “sell” rating in a research note on Tuesday, June 3rd. Finally, analysts at Janney Montgomery Scott initiated coverage on shares of Navient Corp in a research note on Tuesday, May 20th. They set a “buy” rating and a $18.00 price target on the stock.

Shares of Navient Corp (NASDAQ:NAVI) opened at 17.10 on Friday. Navient Corp has a 52 week low of $15.00 and a 52 week high of $18.28. The stock’s 50-day moving average is $17.62 and its 200-day moving average is $16.9. The company has a market cap of $7.172 billion and a P/E ratio of 7.25. Navient Corp also was the recipient of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totalling 7,191,141 shares, a decrease of 23.0% from the July 15th total of 9,336,423 shares. Currently, 1.7% of the shares of the stock are short sold. Based on an average daily volume of 2,561,808 shares, the short-interest ratio is currently 2.8 days.

Navient Corp (NASDAQ:NAVI) last announced its earnings results on Wednesday, July 16th. The company reported $0.56 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.53 by $0.03. The company had revenue of $662.00 million for the quarter, compared to the consensus estimate of $572.33 million. The company’s quarterly revenue was down 15.6% on a year-over-year basis. On average, analysts predict that Navient Corp will post $2.05 earnings per share for the current fiscal year.

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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