Navient Corp (NAVI) - NASDAQ
  • Tue, Jul. 19, 4:39 PM
    • Navient (NASDAQ:NAVI): Q2 EPS of $0.47 beats by $0.03.
    • Revenue of $416M (-8.0% Y/Y) beats by $12.25M.
    • Press Release
    | Tue, Jul. 19, 4:39 PM
  • Mon, Jul. 18, 5:35 PM
    | Mon, Jul. 18, 5:35 PM | 1 Comment
  • Tue, Apr. 19, 4:22 PM
    • Navient (NASDAQ:NAVI): Q1 EPS of $0.43 beats by $0.02.
    • Net interest income of $486M (-16.6% Y/Y)
    • Press Release
    | Tue, Apr. 19, 4:22 PM
  • Mon, Apr. 18, 5:35 PM
    | Mon, Apr. 18, 5:35 PM | 4 Comments
  • Mon, Apr. 4, 4:22 PM
    • Navient (NASDAQ:NAVI) declares $0.16/share quarterly dividend, in line with previous.
    • Forward yield 5.47%
    • Payable June 17; for shareholders of record June 3; ex-div June 1.
    | Mon, Apr. 4, 4:22 PM
  • Tue, Jan. 26, 4:45 PM
    • Navient (NASDAQ:NAVI) declares $0.16/share quarterly dividend, in line with previous.
    • Forward yield 6.77%
    • Payable March 18; for shareholders of record March 4; ex-div March 2.
    | Tue, Jan. 26, 4:45 PM
  • Tue, Jan. 26, 4:24 PM
    • Navient (NASDAQ:NAVI): Q4 EPS of $0.49 in-line.
    • Net interest income of $536M (-12.7% Y/Y) beats by $75.8M.
    | Tue, Jan. 26, 4:24 PM
  • Dec. 10, 2015, 6:39 PM
    • Navient's (NASDAQ:NAVI) new buyback authorization is good for repurchasing over 15% of shares at current levels. It adds to a $1B authorization announced a year ago.
    • The student loan management/servicing firm spent $175M to buy back 12.1M shares in Q3.
    | Dec. 10, 2015, 6:39 PM
  • Oct. 29, 2015, 9:15 AM
    • Navient (NASDAQ:NAVI) declares $0.16/share quarterly dividend, in line with previous.
    • Forward yield 4.64%
    • Payable Dec. 18; for shareholders of record Dec. 4; ex-div Dec. 2.
    | Oct. 29, 2015, 9:15 AM
  • Oct. 20, 2015, 4:35 PM
    • Navient (NASDAQ:NAVI): Q3 EPS of $0.47 misses by $0.01.
    • Revenue of $553M (-11.4% Y/Y) beats by $82.2M.
    • Shares -3.3%.
    | Oct. 20, 2015, 4:35 PM
  • Oct. 8, 2015, 4:10 PM
    • Wells Fargo (NYSE:WFC) is the country's second-largest private student loan originator and services all of its private loans, so it should be no surprise the Consumer Financial Protection Bureau - which has been busy probing student loan servicers - has been investigating Wells since at least last year. reports the WSJ.
    • The exact issues aren't known, but the CFPB typically focuses on payment processing and what steps lenders are taking to help out distressed borrowers.
    • Discover - the 3rd largest private student loan originator - settled with the CFPB in July, and Citigroup in August said it was facing an investigation.
    • Navient (NASDAQ:NAVI) - which was spun out of SLM Corp. last year - is also under probe by the CFPB as well as a number of state attorneys general.
    | Oct. 8, 2015, 4:10 PM | 28 Comments
  • Aug. 25, 2015, 3:19 PM
    • Navient (NAVI -5.2%) sinks to 52-week lows on news its Navient Solutions received notice that the Consumer Financial Protection Bureau may take legal action over how it handles loans.
    • "The Notice and Opportunity to Respond and Advise letter relates to a previously disclosed investigation into NSI's disclosures and assessment of late fees and other matters and states that, in connection with any action, the CFPB may seek restitution, civil monetary penalties and corrective action against NSI," the company said in an SEC filing.
    • Navient says it believes its practices are lawful and meet industry standards.
    | Aug. 25, 2015, 3:19 PM
  • Aug. 25, 2015, 10:43 AM
    • Goldman Sachs analysts say the U.S. stock market correction has many more parallels with 1998 than 2008, which “suggest[s] a rebound ahead,” while predicting the S&P 500 will rise by 11% from current levels to reach 2,100 by year's end.
    • The S&P fell 19% between July and August 1998, but "ultimately, the U.S. economy was relatively unaffected by overseas financial market gyrations in 1998, and we believe a similar situation will occur in 2015," Goldman says.
    • The correlation between U.S. economic growth and Chinese growth is relatively low, Goldman says, estimating that a one percentage point drop in Chinese growth would translate into a 0.06 pp reduction in U.S. GDP.
    • The best strategy for U.S. consumers, the bank advises, is to hold companies with high domestic revenues and avoid companies with high foreign sales.
    • Goldman's list of the 25 most oversold stocks with high U.S. sales exposure: KMX, M, WFM, CHK, SWN, RRC, COG, PXD, OKE, MPC, NAVI, ETFC, LNC, BXP, KEY, RF, DFS, ANTM, CSX, NSC, UNP, JBHT, FSLR, ADS, PAYX
    | Aug. 25, 2015, 10:43 AM | 41 Comments
  • Jul. 30, 2015, 9:03 AM
    • Navient (NASDAQ:NAVI) declares $0.16/share quarterly dividend, in line with previous.
    • Forward yield 4.06%
    • Payable Sept. 18; for shareholders of record Sept. 4; ex-div Sept. 2.
    | Jul. 30, 2015, 9:03 AM
  • Jul. 21, 2015, 4:23 PM
    • Navient (NASDAQ:NAVI): Q2 EPS of $0.40 in-line.
    • NII of $542M (+3.8% Y/Y).
    | Jul. 21, 2015, 4:23 PM
  • Jul. 20, 2015, 5:30 PM
    | Jul. 20, 2015, 5:30 PM | 19 Comments
Company Description
SLM Corp. engages in the origination, servicing and administration of education loans. It operates through four business segments: Consumer Lending, Business Services, FFELP Loans and Other. The Consumer Lending segment originates, acquires, finances and services private education loans. These... More
Sector: Technology
Industry: Information Technology Services
Country: United States