Breaking News

Over a week ago
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Recommendations
Navient declined unprofitable Department of Education contract, says Barclays » 12:25
06/25/20
06/25
12:25
06/25/20
12:25
NAVI

Navient

$7.28 /

+0.005 (+0.07%)

Navient was one of the…

Navient was one of the companies awarded a backend servicers contract from the U.S. Department of Education but the company declined the award due to unfavorable terms, Barclays analyst Mark DeVries tells investors in a research note. The current federal loan servicing arrangement consists of nine different servicers, including Navient, operating on four different platforms, the analyst points out. DeVries says Navient's current share of the contract generated $147M of revenue in 2019, but had a similar amount of costs associated with it. The analyst believes management's decision to decline the award is "probably for the better." The decision allows Navient to move on from an unprofitable current contract, contends the analyst. Further, he believes the stock's valuation has been more than discounted to reflect the risk of losing the Department of Education contract. DeVries keeps an Overweight rating on Navient with an $11 price target.

ShowHide Related Items >><<
NAVI Navient
$7.28 /

+0.005 (+0.07%)

NAVI Navient
$7.28 /

+0.005 (+0.07%)

05/20/20 Wedbush
Navient price target lowered to $10 from $18 at Wedbush
04/09/20 Stephens
Stephens upgrades Navient to Overweight on government guarantee
04/09/20 Stephens
Navient upgraded to Overweight from Equal Weight at Stephens
03/17/20 Citi
Navient added to U.S. Focus List at Citi
NAVI Navient
$7.28 /

+0.005 (+0.07%)

NAVI Navient
$7.28 /

+0.005 (+0.07%)

NAVI Navient
$7.28 /

+0.005 (+0.07%)

Over a month ago
Hot Stocks
Navient CFO Christian Lown resigns » 08:32
06/02/20
06/02
08:32
06/02/20
08:32
NAVI

Navient

$7.66 /

+0.22 (+2.96%)

Navient announced that…

Navient announced that its CFO Christian Lown, has resigned to accept a new career opportunity. Ted Morris will serve as acting CFO, effective immediately. Mr. Morris joined the company in 2003 and has served as Navient's controller since 2014.

ShowHide Related Items >><<
NAVI Navient
$7.66 /

+0.22 (+2.96%)

NAVI Navient
$7.66 /

+0.22 (+2.96%)

05/20/20 Wedbush
Navient price target lowered to $10 from $18 at Wedbush
04/09/20 Stephens
Stephens upgrades Navient to Overweight on government guarantee
04/09/20 Stephens
Navient upgraded to Overweight from Equal Weight at Stephens
03/17/20 Citi
Navient added to U.S. Focus List at Citi
NAVI Navient
$7.66 /

+0.22 (+2.96%)

NAVI Navient
$7.66 /

+0.22 (+2.96%)

NAVI Navient
$7.66 /

+0.22 (+2.96%)

NAVI Navient
$7.66 /

+0.22 (+2.96%)

Syndicate
Navient files automatic mixed securities shelf  16:26
05/28/20
05/28
16:26
05/28/20
16:26
NAVI

Navient

$7.69 /

-0.07 (-0.90%)

 
ShowHide Related Items >><<
NAVI Navient
$7.69 /

-0.07 (-0.90%)

NAVI Navient
$7.69 /

-0.07 (-0.90%)

05/20/20 Wedbush
Navient price target lowered to $10 from $18 at Wedbush
04/09/20 Stephens
Stephens upgrades Navient to Overweight on government guarantee
04/09/20 Stephens
Navient upgraded to Overweight from Equal Weight at Stephens
03/17/20 Citi
Navient added to U.S. Focus List at Citi
NAVI Navient
$7.69 /

-0.07 (-0.90%)

NAVI Navient
$7.69 /

-0.07 (-0.90%)

NAVI Navient
$7.69 /

-0.07 (-0.90%)

NAVI Navient
$7.69 /

-0.07 (-0.90%)

Recommendations
Navient price target lowered to $10 from $18 at Wedbush » 07:57
05/20/20
05/20
07:57
05/20/20
07:57
NAVI

Navient

$6.88 /

-0.43 (-5.88%)

Wedbush analyst Henry…

Wedbush analyst Henry Coffey lowered the firm's price target on Navient to $10 from $18 after contemplating the impact of COVID-19 on student lenders. The analyst keeps a Neutral rating on the shares.

ShowHide Related Items >><<
NAVI Navient
$6.88 /

-0.43 (-5.88%)

NAVI Navient
$6.88 /

-0.43 (-5.88%)

04/09/20 Stephens
Stephens upgrades Navient to Overweight on government guarantee
04/09/20 Stephens
Navient upgraded to Overweight from Equal Weight at Stephens
03/17/20 Citi
Navient added to U.S. Focus List at Citi
03/17/20 Barclays
Navient upgraded to Overweight from Equal Weight at Barclays
NAVI Navient
$6.88 /

-0.43 (-5.88%)

NAVI Navient
$6.88 /

-0.43 (-5.88%)

NAVI Navient
$6.88 /

-0.43 (-5.88%)

NAVI Navient
$6.88 /

-0.43 (-5.88%)

Conference/Events
Navient participates in a conference call hosted by Stephens » 11:25
05/06/20
05/06
11:25
05/06/20
11:25
NAVI

Navient

$7.25 /

+0.05 (+0.69%)

Stephens holds a…

Stephens holds a conference call with management on May 6 at 12pm.

ShowHide Related Items >><<
NAVI Navient
$7.25 /

+0.05 (+0.69%)

04/09/20 Stephens
Stephens upgrades Navient to Overweight on government guarantee
04/09/20 Stephens
Navient upgraded to Overweight from Equal Weight at Stephens
03/17/20 Citi
Navient added to U.S. Focus List at Citi
03/17/20 Barclays
Navient upgraded to Overweight from Equal Weight at Barclays
Conference/Events
Navient participates in a conference call hosted by Stephens » 07:31
05/06/20
05/06
07:31
05/06/20
07:31
NAVI

Navient

$7.20 /

-0.01 (-0.14%)

Stephens holds a…

Stephens holds a conference call with management on May 6 at 12pm.

ShowHide Related Items >><<
NAVI Navient
$7.20 /

-0.01 (-0.14%)

04/09/20 Stephens
Stephens upgrades Navient to Overweight on government guarantee
04/09/20 Stephens
Navient upgraded to Overweight from Equal Weight at Stephens
03/17/20 Citi
Navient added to U.S. Focus List at Citi
03/17/20 Barclays
Navient upgraded to Overweight from Equal Weight at Barclays
Hot Stocks
Navient's customer base managing crisis 'as well as can be hoped for'  08:24
04/22/20
04/22
08:24
04/22/20
08:24
NAVI

Navient

$6.56 /

-0.515 (-7.28%)

 
ShowHide Related Items >><<
NAVI Navient
$6.56 /

-0.515 (-7.28%)

04/09/20 Stephens
Stephens upgrades Navient to Overweight on government guarantee
04/09/20 Stephens
Navient upgraded to Overweight from Equal Weight at Stephens
03/17/20 Citi
Navient added to U.S. Focus List at Citi
03/17/20 Barclays
Navient upgraded to Overweight from Equal Weight at Barclays
Hot Stocks
Navient sees chargeoffs, delinquencies declining through rest of year  08:14
04/22/20
04/22
08:14
04/22/20
08:14
NAVI

Navient

$6.56 /

-0.515 (-7.28%)

 
ShowHide Related Items >><<
NAVI Navient
$6.56 /

-0.515 (-7.28%)

04/09/20 Stephens
Stephens upgrades Navient to Overweight on government guarantee
04/09/20 Stephens
Navient upgraded to Overweight from Equal Weight at Stephens
03/17/20 Citi
Navient added to U.S. Focus List at Citi
03/17/20 Barclays
Navient upgraded to Overweight from Equal Weight at Barclays
Hot Stocks
Navient 'comfortable' with outlook  08:11
04/22/20
04/22
08:11
04/22/20
08:11
NAVI

Navient

$6.56 /

-0.515 (-7.28%)

 
ShowHide Related Items >><<
NAVI Navient
$6.56 /

-0.515 (-7.28%)

04/09/20 Stephens
Stephens upgrades Navient to Overweight on government guarantee
04/09/20 Stephens
Navient upgraded to Overweight from Equal Weight at Stephens
03/17/20 Citi
Navient added to U.S. Focus List at Citi
03/17/20 Barclays
Navient upgraded to Overweight from Equal Weight at Barclays
Hot Stocks
Navient: Defaults in private, FFELP portfolio to be lower than expected in 2020  08:07
04/22/20
04/22
08:07
04/22/20
08:07
NAVI

Navient

$6.56 /

-0.515 (-7.28%)

 
ShowHide Related Items >><<
NAVI Navient
$6.56 /

-0.515 (-7.28%)

04/09/20 Stephens
Stephens upgrades Navient to Overweight on government guarantee
04/09/20 Stephens
Navient upgraded to Overweight from Equal Weight at Stephens
03/17/20 Citi
Navient added to U.S. Focus List at Citi
03/17/20 Barclays
Navient upgraded to Overweight from Equal Weight at Barclays

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.