EPS for Navient Corp (NAVI) Expected At $0.43

June 19, 2017 - By Stephen Andrade

 EPS for Navient Corp (NAVI) Expected At $0.43
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.
124,300 were reported by Caisse De Depot Et Placement Du Quebec. Commonwealth Bank & Trust Of Aus has invested 0.03% of its portfolio in Navient Corp (NASDAQ:NAVI). Sumitomo Mitsui Asset Mgmt Ltd holds 25,170 shares. Denali Advisors Ltd owns 468,000 shares. Baldwin Brothers Incorporated Ma invested in 0.02% or 5,500 shares. M&T National Bank reported 19,804 shares stake. Blackrock Institutional Trust Na holds 0.03% of its portfolio in Navient Corp (NASDAQ:NAVI) for 10.87 million shares. Norinchukin Bancorp The reported 116,794 shares. Texas Permanent School Fund holds 0.02% or 90,797 shares. Plante Moran Financial Advsrs Ltd Com holds 0% or 319 shares. Cibc Ww Mkts invested in 20,835 shares. Us Financial Bank De holds 112,448 shares. Employees Retirement Systems Of Texas holds 0.17% or 740,200 shares in its portfolio. The United Kingdom-based Blackrock Grp Limited has invested 0.02% in Navient Corp (NASDAQ:NAVI). Dekabank Deutsche Girozentrale stated it has 19,001 shares.

Analysts await Navient Corp (NASDAQ:NAVI) to report earnings on July, 18. They expect $0.43 EPS, down 8.51 % or $0.04 from last year’s $0.47 per share. NAVI’s profit will be $117.32M for 9.29 P/E if the $0.43 EPS becomes a reality. After $0.36 actual EPS reported by Navient Corp for the previous quarter, Wall Street now forecasts 19.44 % EPS growth. About 385,665 shares traded. Navient Corp (NASDAQ:NAVI) has risen 12.24% since June 19, 2016 and is uptrending. It has underperformed by 4.46% the S&P500.

Navient Corp (NASDAQ:NAVI) Ratings Coverage

Among 10 analysts covering Navient Corporation (NASDAQ:NAVI), 3 have Buy rating, 0 Sell and 7 Hold. Therefore 30% are positive. Navient Corporation had 15 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, October 8 by Goldman Sachs. The rating was maintained by Wood with “Outperform” on Monday, August 31. The stock has “Neutral” rating by Credit Suisse on Wednesday, January 4. The stock of Navient Corp (NASDAQ:NAVI) earned “Neutral” rating by Goldman Sachs on Thursday, July 21. On Wednesday, February 24 the stock rating was maintained by Credit Suisse with “Outperform”. JP Morgan initiated it with “Overweight” rating and $15.0 target in Monday, November 30 report. The stock has “Neutral” rating by Wedbush on Tuesday, January 31. The firm earned “Hold” rating on Wednesday, May 31 by BMO Capital Markets. The firm has “Neutral” rating given on Tuesday, January 17 by JP Morgan.

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 $4.36 billion. The Firm holds the portfolio of education loans insured or federally guaranteed under the Federal Family Education Loan Program . It has a 8.45 P/E ratio. It operates through four divisions: FFELP Loans, Private Education Loans, Business Services and Other.

More important recent Navient Corp (NASDAQ:NAVI) news were published by: Latimes.com which released: “Feds sue nation’s largest student loan servicer, accusing it of cheating borrowers” on January 18, 2017, also Bloomberg.com published article titled: “Student Debt Giant Navient to Borrowers: You’re on Your Own”, Reuters.com published: “BRIEF-Navient Corp receives notice from Federal Deposit Insurance Corporation” on March 29, 2017. More interesting news about Navient Corp (NASDAQ:NAVI) was released by: Seekingalpha.com and their article: “Navient: Cash Flow Machine Keeps Rewarding Shareholders” with publication date: May 31, 2017.

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