Navient Corporation SR NT 6% 121543

Navient Corporation SR NT 6% 121543

JSM
Navient Corporation SR NT 6% 121543US flagNASDAQ Global Select
17.72
USD
-0.03
- -
4.86BMarket Cap
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Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
Edward Bramson
Full Time Employees
2,100
Sector
Financial Services
Industry
Financial - Credit Services
Address
13865 Sunrise Valley Drive, Suite 300 Herndon VA United States of America 20171
IPO Date
Dec 30, 2003
Business
Navient Corporation Navient Corporation (Nasdaq: NAVI), formed in 2014 through the spin-off of SLM Corporation SLM Corporation (formerly Sallie Mae), operates as a financial services provider headquartered in Herndon, Virginia, specializing in technology-enabled education finance, asset management, and business processing solutions; it manages portfolios of Federal Family Education Loan Program (FFELP) loans, private education loans including those originated through its Earnest subsidiary, and provides refinancing, servicing oversight, scholarships, and financial solutions for students and families across the United States. The company conducts operations through segments encompassing federal education loans generating net interest income, consumer lending with private education loans and in-school financing via Earnest, and business processing for education, healthcare, and government clients; subsidiaries include Navient Portfolio Management, Pioneer Credit Recovery, Municipal Services Bureau, Duncan Solutions, and formerly Xtend Healthcare. Navient funds operations primarily through student loan asset-backed securities (SLABS), maintains compliance-focused practices, and employs over 2,100 people nationwide. In recent developments, Navient announced strategic simplification actions in 2024 including outsourcing federal student loan servicing to MOHELA, ceasing most federal servicing following a Consumer Financial Protection Bureau settlement with $120 million in penalties and borrower compensation, selling its Xtend Healthcare revenue cycle management business to CorroHealth for $365 million in August 2024, and completing the carve-out sale of its government services unit NGS to Gallant Capital Partners in February 2025; earlier, it acquired Earnest in 2017 for private lending expansion and Going Merry in 2021 for scholarship platforms.

Company News

APIChatGPT
  • Navient Co. SR NT 6% 121543 Q4 Earnings Call Highlights

  • Navient Co. SR NT 6% 121543 (NASDAQ:JSM) Short Interest Up 102.8% in December

  • Robbins LLP is Investigating Allegations that the Officers and Directors of J.M. Smucker Company (JSM) Violated Securities Laws and Breached Fiduciary Duties to Shareholders

  • Navient Corporation (NAVI) CEO Jack Remondi on Q2 2020 Results - Earnings Call Transcript

  • Navient Corporation 2020 Q2 - Results - Earnings Call Presentation

  • Navient Corp (NASDAQ:NAVI) Stock Position Lowered by Campbell & CO Investment Adviser LLC

  • Navient (NASDAQ:NAVI) Rating Lowered to Strong Sell at BidaskClub

  • Navient (NASDAQ:NAVI) Shares Gap Down on Disappointing Earnings

  • Edited Transcript of NAVI earnings conference call or presentation 22-Apr-20 12:00pm GMT

  • Navient Corp (NAVI) Q1 2020 Earnings Call Transcript

  • Navient Corporation (NAVI) CEO Jack Remondi on Q1 2020 Results - Earnings Call Transcript

  • Navient Corp. to Host Earnings Call

  • 200K N.J. residents with private student loans can now get financial help in coronavirus crisis

  • Navient: 1Q Earnings Snapshot

  • Navient: 1Q Earnings Snapshot

  • Navient Sees Unusually High Options Volume (NASDAQ:NAVI)

  • Louisiana State Employees Retirement System Sells 6,000 Shares of Navient Corp (NASDAQ:NAVI)

  • Golden State Wealth Management LLC Buys Shares of 9,750 Navient Corp (NASDAQ:NAVI)

  • Zacks: Brokerages Expect Navient Corp (NASDAQ:NAVI) Will Announce Quarterly Sales of $283.67 Million

  • Michael Arceneaux Doesn’t Want To Die Poor, Or At All, During This Pandemic