NAVI Stock Summary and Trading Ideas (Navient | NASDAQ:NAVI)

Navient Corp provides technology-enabled education finance and business processing solutions that simplify complex programs and help millions of people achieve success. It operates business in three segments: Federal Education Loans, Consumer Lending and Business Processing.

Navient trades on the NASDAQ stock market under the symbol NAVI.

As of April 24, 2024, NAVI stock price declined to $16.09 with 2,051,506 million shares trading.

NAVI has a beta of 1.26, meaning it tends to be more sensitive to market movements. NAVI has a correlation of 0.25 to the broad based SPY ETF.

NAVI has a market cap of $1.81 billion. This is considered a Small Cap stock.

Last quarter Navient reported $193 million in Revenue and $.21 earnings per share. This fell short of revenue expectation by $-24 million and missed earnings estimates by -$.54.

In the last 3 years, NAVI stock traded as high as $23.80 and as low as $12.45.

The top ETF exchange traded funds that NAVI belongs to (by Net Assets): IJR, VTI, VB, IWM, VBR.

NAVI has underperformed the market in the last year with a price return of +1.4% while the SPY ETF gained +24.2%. NAVI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -7.0% and -6.0%, respectively, while the SPY returned +4.6% and -2.7%, respectively.

NAVI support price is $16.32 and resistance is $16.88 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NAVI stock will trade within this expected range on the day.