Navient Corp (NAVI) Analysts See $0.49 EPS

September 17, 2017 - By Richard Conner

 Navient Corp (NAVI) Analysts See $0.49 EPS
Investors sentiment increased to 0.93 in Q4 2016. Its up 0.11, from 0.82 in 2016Q3. It increased, as 33 investors sold Navient Corp shares while 144 reduced holdings. 52 funds opened positions while 112 raised stakes. 269.82 million shares or 2.85% less from 277.73 million shares in 2016Q3 were reported.
Stanley has 0.23% invested in Navient Corp (NASDAQ:NAVI) for 45,295 shares. Invesco Limited stated it has 0.03% of its portfolio in Navient Corp (NASDAQ:NAVI). Cibc Ww holds 20,835 shares. Cadence Mgmt Ltd Limited Liability Company owns 58,004 shares or 0.07% of their US portfolio. Bancorp Of Montreal Can accumulated 797,974 shares or 0.01% of the stock. Endurance Wealth Mgmt Incorporated invested 0% in Navient Corp (NASDAQ:NAVI). Oakbrook Invs Ltd Limited Liability Company owns 15,950 shares. Advisors Asset Incorporated owns 1,300 shares for 0% of their portfolio. Raymond James Fincl Advisors has 17,877 shares for 0% of their portfolio. Veritable Lp holds 0% of its portfolio in Navient Corp (NASDAQ:NAVI) for 11,139 shares. Parametric Portfolio Ltd owns 0.05% invested in Navient Corp (NASDAQ:NAVI) for 2.04 million shares. Bb&T Securities Ltd Liability has invested 0.01% in Navient Corp (NASDAQ:NAVI). Ls Inv Advsrs Lc has 0.02% invested in Navient Corp (NASDAQ:NAVI). Moreover, Caisse De Depot Et Placement Du Quebec has 0.01% invested in Navient Corp (NASDAQ:NAVI) for 124,300 shares. Todd Asset holds 0.47% or 952,839 shares.

Wall Street await Navient Corp (NASDAQ:NAVI) to release earnings on October, 17. Analysts forecast EPS of $0.49, down exactly $0.01 or 2.00 % from 2014’s $0.5 EPS. The expected NAVI’s profit could reach $134.28M giving the stock 7.11 P/E in the case that $0.49 earnings per share is reported. After posting $0.43 EPS for the previous quarter, Navient Corp’s analysts now forecast 13.95 % EPS growth. The stock increased 1.16% or $0.16 on September 15, reaching $13.94. About 7.23M shares traded or 217.11% up from the average. Navient Corp (NASDAQ:NAVI) has risen 12.24% since September 17, 2016 and is uptrending. It has underperformed by 4.46% the S&P500.

Navient Corp (NASDAQ:NAVI) Ratings Coverage

Among 12 analysts covering Navient Corporation (NASDAQ:NAVI), 6 have Buy rating, 0 Sell and 6 Hold. Therefore 50% are positive. Navient Corporation had 24 analyst reports since July 24, 2015 according to SRatingsIntel. JP Morgan initiated Navient Corp (NASDAQ:NAVI) on Monday, November 30 with “Overweight” rating. The firm earned “Hold” rating on Wednesday, August 23 by BMO Capital Markets. The firm has “Hold” rating by Jefferies given on Thursday, July 20. The rating was downgraded by JP Morgan to “Neutral” on Tuesday, January 17. The firm has “Hold” rating by BMO Capital Markets given on Wednesday, May 31. The company was upgraded on Friday, September 8 by Credit Suisse. The stock of Navient Corp (NASDAQ:NAVI) earned “Outperform” rating by Wood on Monday, August 31. The firm has “Hold” rating by Jefferies given on Monday, June 19. Keefe Bruyette & Woods maintained Navient Corp (NASDAQ:NAVI) on Friday, July 14 with “Buy” rating. The company was maintained on Wednesday, September 13 by Jefferies.

Navient Corporation provides asset management and business processing services to education, healthcare and government clients at the federal, state and local levels. The company has market cap of $3.82 billion. The Firm holds the portfolio of education loans insured or federally guaranteed under the Federal Family Education Loan Program . It has a 7.32 P/E ratio. It operates through four divisions: FFELP Loans, Private Education Loans, Business Services and Other.

More notable recent Navient Corp (NASDAQ:NAVI) news were published by: Nasdaq.com which released: “Should Value Investors Pick Navient Corp. (NAVI) Stock Now?” on July 14, 2017, also Bloomberg.com with their article: “Student Debt Giant Navient to Borrowers: You’re on Your Own” published on April 03, 2017, Benzinga.com published: “Risk Of Regulatory Hammer-Drop Diminishes, Is Navient A Buy Again?” on September 05, 2017. More interesting news about Navient Corp (NASDAQ:NAVI) were released by: Bloomberg.com and their article: “Student Loan Giant Faces Trial Over US Claim It Duped Borrowers” published on August 07, 2017 as well as Seekingalpha.com‘s news article titled: “Should Deteriorating Metrics Deter Investors From Navient?” with publication date: June 27, 2017.

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