Welcome to our dedicated page for Navient Corporation news (Ticker: NAVI), a resource for investors and traders seeking the latest updates and insights on Navient Corporation stock.
Navient Corporation (Nasdaq: NAVI) is the nation’s leading loan management, servicing, and asset recovery company. Headquartered in Herndon, Virginia, Navient supports the educational and economic achievements of over 12 million Americans by managing more than $300 billion in student loans. The company operates in three primary segments: Federal Education Loans, Consumer Lending, and Business Processing.
Navient provides technology-enabled education finance and business processing solutions that simplify complex programs and help millions achieve financial success. Their customer-focused, data-driven approach delivers exceptional results for clients in education, healthcare, and government sectors.
Recent strategic actions have been taken to streamline operations and enhance flexibility. This includes outsourcing student loan servicing to MOHELA, exploring strategic options for the business processing division, and reshaping shared services to align with a more focused business model. These measures are expected to reduce the company's expense base and increase operational efficiency.
Navient is committed to transparency and regular communication with stakeholders. The company hosts quarterly earnings calls and provides detailed financial updates. For instance, Navient will hold a live audio webcast on April 24, 2024, to review its first-quarter financial results. This webcast, hosted by senior executives, will offer insights into the company's performance and strategic direction.
For more information, visit Navient.com.
Navient (Nasdaq: NAVI) announced a fourth quarter 2020 dividend of $0.16 per share on November 12, 2020. This dividend will be paid on December 18, 2020, to shareholders who are on record as of the close of business on December 4, 2020.
The company is recognized for its education loan management and business processing solutions, aiming to enhance client success through technology-driven services.
Labaton Sucharow has initiated an investigation on behalf of investors in Navient (NASDAQ: NAVI). This follows a lawsuit from New Jersey Attorney General Gurbir Grewal filed on October 21, accusing Navient of employing 'deceptive, misleading' practices in managing student loans. The lawsuit claims Navient's actions violate consumer protection laws and engage in unconscionable commercial practices. Consequently, Navient's stock dropped over 5% on significant trading volume.
Labaton Sucharow has initiated an investigation into Navient (NASDAQ: NAVI) following a lawsuit filed by New Jersey Attorney General Gurbir Grewal. The lawsuit, dated October 21, accuses Navient of using deceptive tactics to enhance profits while violating consumer protection laws in servicing student loans. This news has resulted in a over 5% decline in Navient's stock price, reflecting significant investor concern about potential legal repercussions and financial implications.
Labaton Sucharow has announced an investigation into Navient (NAVI) following a lawsuit filed by New Jersey Attorney General Gurbir Grewal. The lawsuit, initiated on October 21, claims Navient employed deceptive tactics in servicing student loans, violating state consumer protection laws. As a result, Navient's stock has fallen over 5% on substantial trading volume. Investors holding stock, options, or derivatives are encouraged to contact Labaton Sucharow for further discussions.
Labaton Sucharow announces an investigation into Navient (NAVI) on behalf of its purchasers, following a lawsuit from the New Jersey Attorney General. The suit claims Navient employed 'deceptive' practices to increase profits while servicing student loans, allegedly violating New Jersey's consumer protection laws. As a result of this news, Navient's stock dropped over 5% on significant trading volume. Current shareholders, options, or derivatives holders are encouraged to contact Labaton Sucharow for further information.
Labaton Sucharow has launched an investigation into Navient (NAVI) after New Jersey Attorney General Gurbir Grewal filed a lawsuit on October 21. The lawsuit accuses Navient of employing 'deceptive' practices in managing student loans, violating consumer protection laws. Following the announcement, Navient's stock declined over 5% with significant trading volume. Investors holding Navient securities have been urged to contact Labaton Sucharow for more information regarding the legal issues and their potential implications.
Navient (NASDAQ: NAVI) released its third-quarter financial results on October 20, 2020. The complete financial report is accessible on the company's investor website. The conference call for discussing the results is scheduled for October 21, 2020 at 8 a.m. ET, featuring CEO Jack Remondi and CFO Joe Fisher. Participants can join via phone or access the live audio webcast on Navient's website. A replay of the conference will be available for a limited time post-call.
Navient (Nasdaq: NAVI) has settled a lawsuit with the American Federation of Teachers, enhancing public service workers' access to the Public Service Loan Forgiveness program. The U.S. District Court approved the agreement, which includes a $2.25 million contribution to a nonprofit for education and counseling services. Enhancements will also be implemented in Navient's call center to improve borrower awareness and support. This settlement aims to simplify the complex loan forgiveness process established in 2007.
Navient (Nasdaq: NAVI), a provider of education loan management solutions, is set to release its 2020 third-quarter financial results after market close on October 20, 2020. A conference call will follow on October 21, 2020 at 8 a.m. ET to discuss the results. Investors will be notified via a news release and can access the live audio webcast through Navient's investor website. Supplemental financial data will accompany the call, and a replay will be available post-event. Navient offers services to educational, healthcare, and government clients.
FAQ
What is the current stock price of Navient Corporation (NAVI)?
What is the market cap of Navient Corporation (NAVI)?
What does Navient Corporation do?
How many student loans does Navient manage?
What are the main business segments of Navient?
What recent strategic actions has Navient taken?
How does Navient support its clients?
How can investors get updates from Navient?
Who can I contact for investor relations at Navient?
When is the next Navient financial results webcast?
Where can I find Navient's latest news and updates?
What impact will the new strategic actions have on Navient's expenses?
