DonCorleone77
Posted - 10/30/24
$NAVI Navient reports Q3 core EPS $1.45, consensus 25c GAAP and Core Earnings results included a net increase to pre-tax income of $166M comprised of: A gain of $219M from the sale of Xtend Healthcare, its healthcare services business; $21M of provision for loan losses related to lowering the expected recovery rate on defaulted Private Education Loans; $18M of restructuring expenses and $14M of regulatory-related expenses, primarily related to the settlement agreement with the CFPB in September, eliminating the overhang of a contingent liability. "The third quarter was highly productive as we reached variable-cost economics on our loan servicing activities, completed the sale of our healthcare business, and continued to reduce our corporate expenses," said David Yowan, president and CEO, Navient. "We saw healthy growth within our lending business, including a 31% year-over-year increase in loan originations. We are more than doubling our targeted share repurchases in the fourth quarter compared to the third quarter."
Kenmegan44
Posted - 1 month ago
$SOFI $NAVI $NNI $SLM not a new law. He's reiterating an existing program for propaganda purposes
PowerMovesTrading
Posted - 1 month ago
$NAVI $NNI $SLM $SOFI and none of it is on SoFi. 😂 None of it. 🤣 Yawn. Nothing burger. Union votes. Yawn. Gov employees. Yawn. Bears try harder. SoFi wouldn’t touch these people with a ten ft pole!
themacromindset
Posted - 1 month ago
$SOFI $NAVI $NNI $SLM Biden to forgive additional $4.5B in student loans
lipmaz
Posted - 1 month ago
$NAVI thoughts on this vs $NNI ?
Thestocktraderhubzee
Posted - 1 month ago
WATCHLIST OCT 08 2024..
$NFLX Netflix shares are trading lower after Barclays downgraded the stock from Equal-Weight to Underweight while maintaining the price target at $550.
$TMDX Piper Sandler Maintains Overweight on TransMedics Gr, Maintains $180 Price Target
$NAVI JP Morgan Maintains Neutral on Navient, Raises Price Target to $16
$DAR Jefferies Maintains Buy on Darling Ingredients, Lowers Price Target to $44
$RIVN Canaccord Genuity Maintains Buy on Rivian Automotive, Lowers Price Target to $28
OptionsPlayers
Posted - 09/30/24
BofA initiated coverage of Navient $NAVI with a Neutral rating and $17 price target. Fundamentals have been pressured given its large amortizing holdings and while the firm thinks the company is taking necessary steps to turn the corner, it also believes the new strategy comes with execution risk, as reflected in the stock price.
Astrid_Fike
Posted - 2 months ago
$NAVI
DonCorleone77
Posted - 2 months ago
$NAVI Navient resolves legal matters with CFPB over student lending Navient released the following statement after reaching an agreement with the Consumer Financial Protection Bureau to resolve previously disclosed litigation and investigations: "This agreement puts these decade-old issues behind us. While we do not agree with the CFPB's allegations, this resolution is consistent with our go-forward activities and is an important positive milestone in our transformation of the company. Navient is no longer a servicer or purchaser of federal student loans. In 2021, with the approval of the Department of Education, Navient transferred its contract to service government student loans to a third party, and earlier this year, Navient reached an agreement to outsource student loan servicing of its legacy FFELP student loan portfolios, which began on July 1, 2024. Navient will oversee its third-party servicing provider to meet all operational terms of the agreement."
DonCorleone77
Posted - 2 months ago
$NAVI CFPB orders Navient to pay $120M for student lending 'failures' The Consumer Financial Protection Bureau, or CFPB, filed a proposed order against the student loan servicer Navient for its "years of failures and lawbreaking." The CFPB stated: "If entered by the court, the proposed order would permanently ban the company from servicing federal Direct Loans and would forbid the company from directly servicing or acquiring most loans under the Federal Family Education Loan Program. These bans would largely remove Navient from a market where it, among other illegal actions, steered numerous student loan borrowers into costly repayment options. Navient also illegally deprived student borrowers of opportunities to enroll in more affordable income-driven repayment plans and forced them to pay much more than they should have. Under the terms of the order, Navient would have to pay a $20 million penalty and provide $100 million in redress for harmed borrowers."
OpenOutcrier
Posted - 3 months ago
$NAVI (+2.1% pre) Navient (NAVI) to Sell Healthcare Services business to CorroHealth - SI https://ooc.bz/l/40151
Stock_Titan
Posted - 3 months ago
$NAVI Navient to sell Healthcare Services business to CorroHealth as part of ongoing plan to simplify company
https://www.stocktitan.net/news/NAVI/navient-to-sell-healthcare-services-business-to-corro-health-as-part-uv0mkctxr73e.html
NVDAMillionaire
Posted - 3 months ago
$NAVI Navient Corporation (NAVI): A Comprehensive Analysis of a Diversified Financial Services Provider http://beyondspx.com/2024/08/01/navient-corporation-navi-a-comprehensive-analysis-of-a-diversified-financial-services-provider/
Stocksrunner
Posted - 07/24/24
🚀 Wednesday's Comeback Kings: From Low to High! 🔥What a wild ride today! 🎢 These stocks started low but ended the day on a high note: $EBS $LGVN $SPRC $TSEM $NAVI 📈
lecorb
Posted - 07/24/24
$NAVI Navient Non-GAAP EPS of $0.29 misses by $0.14, revenue of $247M beats by $89M
epsguid
Posted - 07/24/24
$NAVI reported earnings of $0.29, consensus was $0.42 via @eWhispers #epsmiss http://eps.sh/d/navi
Stock_Titan
Posted - 07/24/24
$NAVI Navient posts second quarter 2024 financial results
https://www.stocktitan.net/news/NAVI/navient-posts-second-quarter-2024-financial-4slssab78gzp.html
DonCorleone77
Posted - 07/24/24
$NAVI Navient lowers FY24 core EPS view to $1.35-$1.55 from $1.55-$1.75 Navient previously reduced its FY24 outlook from $2.10-$2.30. Consensus is $1.61. Comments taken from Q2 earnings conference call presentation slides.
DonCorleone77
Posted - 07/24/24
$NAVI Navient reports Q2 core EPS 29c, consensus 43c "We achieved several key milestones on our strategic actions," said David Yowan, president and CEO, Navient. "We are aggressively and deliberately making meaningful progress on future milestones, and remain confident in our ability to achieve our targeted expense reductions within the timelines announced earlier this year. During the quarter, we entered into a variable cost outsourcing agreement with a third-party student loan servicer, actively began evaluating options to divest our business processing division, and took steps toward a leaner corporate footprint."
Stock_Titan
Posted - 4 months ago
$NAVI Navient to announce second quarter 2024 results, host earnings webcast July 24
https://www.stocktitan.net/news/NAVI/navient-to-announce-second-quarter-2024-results-host-earnings-y9wm7y0e9orp.html
DonCorleone77
Posted - 4 months ago
$NAVI Navient price target lowered to $15 from $17 at Keefe Bruyette Keefe Bruyette lowered the firm's price target on Navient to $15 from $17 and keeps a Market Perform rating on the shares. The analyst says "constructive" delinquency trends among the card issuers should set up for improvements in the net charge off rate in the back half of the year. In addition, a higher probability of a Trump presidency would be favorable for the consumer finance stocks, the analyst tells investors in a research note.
Avocado_smash
Posted - 5 months ago
$PCH $OUT $NAVI $KMB $TRST
TickerDD_com
Posted - 6 months ago
From 4/22/2024, looking back across 22 Month-Ends for NAVI, Percentage Change of Average Monthly Price had More Negatives (55%) while Percentage Change of Average Monthly Volume had All Positives (100%) $NAVI #NAVI #NAVIStock #TickerDD https://www.youtube.com/watch?v=qjyucs5fnGg
Stock_Titan
Posted - 6 months ago
$NAVI Earnest Names Nick Norcross as Chief Product Officer
https://www.stocktitan.net/news/NAVI/earnest-names-nick-norcross-as-chief-product-x7k8lsil23pk.html
WhisperNumber
Posted - 6 months ago
$UPST #earnings after close, the expectation from the WhisperNumber community is -$0.42, 3c behind analyst estimates. Earnings came in $0.04 short of the whisper last quarter. 60% beat rate. Implied movement +/-18.5%. https://www.whispernumber.com #options $BFH $NAVI
insiderbuyingselling
Posted - 6 months ago
$NAVI new insider selling: 10000 shares. http://insiderbuyingselling.com/?t=NAVI
Stock_Titan
Posted - 04/25/24
$NAVI Boys & Girls Clubs of Delaware, Navient to host May 4 college planning conference
https://www.stocktitan.net/news/NAVI/boys-girls-clubs-of-delaware-navient-to-host-may-4-college-planning-2pjkladz2auk.html
epsguid
Posted - 04/24/24
$NAVI reported earnings of $0.47, consensus was $0.58, Earnings Whisper was $0.57 via @eWhispers #whispermiss http://eps.sh/d/navi
