On 2016-08-05, Navient Corporation (NASDAQ:NAVI) confirmed the dividend disbursement of $0.16 a share to shareholders as on record 2016-09-02. The firm will release dividend on 2016-09-16 while ex-dividend date is reported to be 2016-08-31.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Navient Corporation (NASDAQ:NAVI) paid a total of $0.16 per share in dividends. This figure stood at $0.16 a share in the same period a year ago indicating a deviation of 42.2222%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $16 on the stock. This figure is the average of recommendations offered by 2 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $19 and $13, respectively.
Taking the mathematical rating formula, the price for Navient Corporation (NASDAQ:NAVI) stands at 1.75. Earnings Review Navient Corporation (NASDAQ:NAVI) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-18. For the period ending on 2016-09-30, experts are expecting EPS of $0.48.
Coming to the quarter ending on 2015-12-31, Navient Corporation (NASDAQ:NAVI) recorded EPS of $0.47. The reported numbers came lower than the analysts’ estimates of $0.45, demonstrating a miss of $0.02 as against reported figures.
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