NAVI Stock Recent News

HERNDON, Va., July 24, 2024 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) today posted its 2024 second quarter financial results. Complete financial results are available on the company's website at Navient.com/investors. The materials will also be available on Form 8-K on the SEC's website at www.sec.gov.

Lower NII due to high interest rates and weakened consumer loan demand are likely to have hurt Navient's (NAVI) second-quarter 2024 performance.

HERNDON, Va., July 10, 2024 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) will host an audio webcast to review its 2024 second quarter financial results on Wednesday, July 24, 2024, at 8:00 a.m. Eastern Time. The results are scheduled to be released the same day by 7:00 a.m. on Navient.com/investors. In addition to being available on the company's investor website, the results will be filed with the SEC on a Form 8-K available at SEC.gov.

HERNDON, Va., May 23, 2024 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, announced that its board of directors approved a 2024 second quarter dividend of $0.16 per share on the company's common stock.

Navient (NAVI) faces challenges with regulatory changes and a year-over-year decline in servicing revenues. Also, high debt levels compared with liquidity position acts as a headwind.

Although the revenue and EPS for Navient (NAVI) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

A rise in the total other income and a fall in expenses aid Navient's (NAVI) first-quarter 2024 earnings.

Navient's (NAVI) Q1 results are expected to reflect sequential improvements in asset recovery and business-processing revenues, and NII. Servicing revenues are likely to have been affected.

HERNDON, Va., April 10, 2024 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in technology-enabled education finance and business processing solutions, will host an audio webcast to review its 2024 first quarter financial results on Wednesday, April 24, 2024, at 8:00 a.m. Eastern Time. The results are scheduled to be released the same day by 7:00 a.m. on Navient.com/investors. In addition to being available on the company's investor website, the results will be filed with the SEC on a Form 8-K available at SEC.gov.

Navient (NAVI) gains from in-school originations and a recurring revenue business model. However, limited growth opportunities and unmanageable debt levels are near-term concerns.