Navient Corporation (NASDAQ:NAVI) saw an upside of 2.42% to close Monday at $19.87 after adding $0.47 on the day. The 5-day average trading volume is 2,484,140 shares of the company’s common stock. It has gained $20.35 in the past week. An average of 2,873,740 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,127,518.
NAVI’s 1-month performance is -13.80% or -$3.18 on its low of $18.20 reached on 10/06/21. The company’s shares have touched a 52-week low of $7.89 and high of $23.80, with the stock’s rally to the 52-week high happening on 09/17/21. YTD, NAVI has achieved 102.34% or $10.05. However, the current price is down -16.51%% from the 52-week high price.
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On May 06, 159 days have gone by since the last insider trading activity for Navient Corporation (NAVI). HAUBER STEPHEN M (EVP, Chief Risk&Compliance Off) most recently sold 13,285 shares at $16.97 per share on May 06. This transaction cost the insider $225,502.
The company’s PE ratio for the last five years has touched a high of 15.40 and a low of 1.946. NAVI stock has a beta of 1.85. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.77 while the price-to-book (PB) in the most recent quarter is 1.28, with the price to cash flow ratio at 5.49.
Navient Corporation pays an annual dividend of $0.64 per share. Its dividend yield is 3.22% and the payout ratio is 12.40%. NAVI’s most recent quarterly dividend payment was made on Sep. 17, when it paid $0.16 a share compared with prior rate of $0.16, down 0.0% from last year’s. The company has boosted its dividend for the last 1 consecutive years with the latest dividend increase of $0.01 reported on Tuesday January 27 2015.
It is projected that Navient Corporation’s next ex-dividend date will be on 2-Dec-2021. NAVI is expected to distribute $0.16 as its next dividend.
As well, the company’s long term debt to equity for the quarter ending June 29 was 28.07, while the total debt to equity was 29.57 while for the period ending June 29; Navient Corporation’s operating margin was 64.40%. The firm’s gross profit as reported stood at $1.25 billion against revenue of $3.3 billion.
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Analysts expected NAVI to announce $0.85 per share in earnings in its latest quarter, but it posted $0.94, representing a 10.60% surprise. NAVI stock balance sheet for the quarter ending June 29 shows that, with total debt at $80.12 billion. Shareholders hold equity totaling $167.84 million
Let’s look briefly at Navient Corporation (NAVI) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 42.42% to suggest the stock is trending Neutral, with historical volatility in this time period at 83.67%.
The stock’s 5-day moving average is $19.19, reflecting a +5.24% or $0.99 change from its current price. NAVI is currently trading -15.37% above its 20-day SMA, +14.92% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -2.74% and +104.42% respectively.
Stochastic %K and %D was 26.08% and 18.34% and the average true range (ATR) pointed at 0.87. The RSI (14) points at 40.80%, while the 14-day stochastic is at 31.87% with the period’s ATR at 0.81. The stock’s 9-day MACD Oscillator is pointing at 0.35 and -0.82 on the 14-day charts.
In the most recent analyst report for Navient Corporation (NASDAQ: NAVI), Seaport Global Securities launched coverage with a Neutral rating. Analysts offering their rating for NAVI stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate NAVI as a “sell,”, while 7 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 5 have offered a “buy” rating.
What is NAVI’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $17.50 and a high of $26.00, with their median price target at $21.50. Looking at these predictions, the average price target given by analysts is for Navient Corporation (NAVI) stock is $21.45.