Navient Corporation $NAVI Stock: CenterBook Partners LP Decreases Position

CenterBook Partners LP trimmed its stake in Navient Corporation (NASDAQ:NAVI) by 46.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 397,092 shares of the credit services provider’s stock after selling 343,614 shares during the period. CenterBook Partners LP’s holdings in Navient were worth $3,602,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of NAVI. Versant Capital Management Inc boosted its holdings in shares of Navient by 552.6% in the 2nd quarter. Versant Capital Management Inc now owns 4,855 shares of the credit services provider’s stock worth $41,000 after purchasing an additional 4,111 shares during the period. Parallel Advisors LLC lifted its position in Navient by 325.6% in the first quarter. Parallel Advisors LLC now owns 5,005 shares of the credit services provider’s stock worth $41,000 after buying an additional 3,829 shares during the last quarter. Public Employees Retirement System of Ohio bought a new stake in Navient in the first quarter worth $72,000. United Capital Financial Advisors LLC purchased a new position in Navient during the second quarter worth $87,000. Finally, Greenwood Gearhart LLC purchased a new position in Navient during the first quarter worth $84,000. 97.14% of the stock is owned by institutional investors.

Key Navient News

Here are the key news stories impacting Navient this week:

• Positive Sentiment: A Q3 review pointed to origination growth and portfolio repositioning as business supports. Separately, an article says private lenders are optimistic about the Trump administration’s repayment overhaul, which could create an opportunity for Navient, though the effects remain uncertain. NAVI Q3 2026 deep dive Student-loan repayment overhaul
• Neutral Sentiment: JPMorgan raised its price target to $9 from $8.50 but kept a Neutral rating, signaling limited conviction in near-term upside. Read More.
• Negative Sentiment: Navient reported Q3 EPS of $0.03, below analyst estimates of $0.13–$0.15. Despite reported revenue of $308 million, the earnings shortfall and modest profitability likely raised concerns about operating performance. Navient misses Q3 estimates
• Negative Sentiment: TD Cowen cut its target to $8 from $8.50 and maintained a Sell rating; Barclays lowered its target to $6 from $7 and kept an Underweight rating. The more pessimistic targets add pressure, particularly Barclays’ substantial implied downside. Read More. Read More.
• Negative Sentiment: Industry coverage says private lenders are gaining graduate-school business while losing money on it, highlighting potential profitability risks in student lending. Private student lending profitability

Navient Trading Down 4.5%

Shares of NASDAQ NAVI opened at $8.42 on Friday. The company has a debt-to-equity ratio of 15.37, a quick ratio of 10.53 and a current ratio of 7.50. The business’s 50 day moving average price is $9.17 and its 200-day moving average price is $8.87. Navient Corporation has a fifty-two week low of $7.33 and a fifty-two week high of $13.48. The company has a market cap of $789.63 million, a price-to-earnings ratio of 15.89 and a beta of 1.17.

Navient (NASDAQ:NAVI) last posted its quarterly earnings data on Wednesday, November 4th. The credit services provider reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.10). Navient had a net margin of 1.79% and a return on equity of 3.65%. The business had revenue of $308.00 million for the quarter, compared to analysts’ expectations of $144.92 million. During the same quarter in the previous year, the firm earned ($0.84) EPS. On average, sell-side analysts expect that Navient Corporation will post 0.71 earnings per share for the current year.

Navient Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Friday, September 4th were given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 7.6%. The ex-dividend date was Friday, September 4th. Navient’s dividend payout ratio (DPR) is -128.00%.

Analyst Ratings Changes

A number of research firms have weighed in on NAVI. Zacks Research upgraded shares of Navient from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 12th. JPMorgan Chase & Co. raised their target price on shares of Navient from $8.50 to $9.00 and gave the stock a “neutral” rating in a report on Thursday. Barclays dropped their price target on shares of Navient from $7.00 to $6.00 and set an “underweight” rating for the company in a research note on Thursday. Weiss Ratings reiterated a “sell (d)” rating on shares of Navient in a report on Monday, September 21st. Finally, TD Cowen cut their price target on shares of Navient from $8.50 to $8.00 and set a “sell” rating on the stock in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $8.00.

About Navient

Navient Corp. (NASDAQ:NAVI) is a financial services company that provides education finance and business-processing solutions. The company has historically serviced and managed federal and private student loans, helping borrowers with account administration, repayment processing, customer support and related loan-management services.

Navient’s operations have evolved as the company reduced its role in servicing federally owned student loans. In 2021, it transferred its federal student loan servicing portfolio to Aidvantage, a division of Maximus.