HERNDON, Va., Feb. 21, 2025 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) announced that its board of directors approved a 2025 first quarter dividend of $0.16 per share on the company's common stock.

Navient Co. SR NT 6% 121543 (NASDAQ:JSM – Get Free Report)’s stock price shot up 0.4% on Tuesday after the company announced a dividend. The company traded as high as $19.39 and last traded at $19.34.

Despite efforts such as reducing expenses and accelerating share buybacks, Navient’s core profitability ... KBW also maintained a Hold rating on the stock with a $16.00 price target.

In the fourth quarter, the company paid out $17 million in common stock dividends. In the reported quarter, Navient repurchased shares of common stock for $65 million. As of Dec. 31, 2024 ...

Bank of America cut their target price on Navient from $17.00 to $16.00 and set a “neutral” rating on the stock in a research report on Tuesday, December 24th. Barclays lifted their price ...

Navient announced the release of its fourth quarter financial results for 2024 on January 29, 2025. Detailed financial information is available on their investor website and a Form 8-K will be ...