Navient Corp (NAVI)

Navient's stock price has fluctuated over the past six months. Navient reported its second-quarter 2025 earnings around July 30, 2025. The company announced its third-quarter 2025 earnings around October 29, 2025, with a non-GAAP EPS of -$0.84 and net interest income of $65 million. In October 2025, Navient closed a $542 million securitization backed by refinance student loans. Navient declared quarterly dividends of $0.16 per share in August and November 2025. On November 19, 2025, Navient provided a strategy update, discussing progress on Phase 2 of its strategic transformation and growth plans for its Earnest business. The sale of its Government Services business to an affiliate of Gallant Capital Partners, LLC, was finalized on February 21, 2025.

Demand for Navient's private student loan products exhibits seasonality, with peaks in applications during the third and fourth weeks of July and again in December and January.

Navient Corporation, established in 2014 after spinning off from Sallie Mae, operates in the Financial Services sector, focusing on Credit Services and Consumer Loans. Its core business is divided into three segments: Federal Education Loans, where it holds and services FFELP loans; Consumer Lending, which involves owning, originating, and servicing refinance and in-school private education loans under the Earnest brand; and Business Processing, offering omnichannel contact center and workflow processing solutions to various clients.

Navient Corporation is headquartered in Herndon, Virginia, and has offices across the United States.

Navient's brand reputation has been negatively impacted by legal and regulatory challenges. The CFPB banned Navient from servicing federal student loans and ordered the company to pay $120 million for student lending failures. Navient announced plans to exit the federal student loan servicing market and transfer millions of accounts to MOHELA. As of 2024, Navient has been involved in 39 separate legal proceedings related to student loan servicing practices.

Navient Corporation has a significant institutional ownership base, including Sherborne Investors Management LP (28.79%), BlackRock, Inc. (13.35%), and Vanguard Group Inc. (8.90%). Sherborne Investors Master GP LLC is the largest individual shareholder, owning 29.45 million shares, representing 30.20% of the company.