Navient posts fourth quarter and full-year 2016 financial results

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Navient Corporation (NAVI) PT Lowered to $20 at Barclays

January 26, 2017 7:57 AM EST

Barclays lowered its price target on Navient Corporation (NASDAQ: NAVI) to $20.00 (from $21.00) while maintaining a Overweight rating.

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Navient (NAVI) Misses Q4 EPS by 1c

January 24, 2017 4:19 PM EST

Navient (NASDAQ: NAVI) reported Q4 EPS of $0.43, $0.01 worse than the analyst estimate of $0.44.

We are proud of our strong track record of supporting customer success, and 2016 was no exception, said Jack Remondi, president and CEO, Navient. Our federal loan customers are 31 percent less likely to default, and federal loans we service are more likely to be enrolled in income-driven repayment plans than comparable servicers. More than 500,000 student loan customers... More