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鈥檚 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.
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Navient (Nasdaq: NAVI) announced that President and CEO Jack Remondi will present at the Credit Suisse Annual Financial Services Forum on February 25, 2021, at 8:45 a.m. ET. A live audio webcast and presentation materials will be accessible at Navient.com/investors, with replays available for two weeks. Navient specializes in education loan management and business processing solutions, serving clients in education, healthcare, and government sectors. The company's technology-enabled services aim to help clients and millions of Americans succeed.
Navient (Nasdaq: NAVI) has announced a first-quarter dividend of $0.16 per share, to be paid on March 19, 2021. Shareholders recorded by the close of business on March 5, 2021 will receive this dividend. As a leader in education loan management, Navient aims to support clients through technology-enabled solutions. This marks another commitment to enhancing shareholder value.
Navient (Nasdaq: NAVI) announced its 2020 Q4 financial results, showcasing its role as a major provider of education loan management and business processing solutions. The detailed financial results can be accessed on Navient鈥檚 investor website. A conference call is scheduled for Jan. 27, 2021, at 8 a.m. ET, hosted by CEO Jack Remondi and CFO Joe Fisher to discuss the earnings further. Investors can also find supplemental financial information during the call. Navient continues to support education, healthcare, and government sectors with technology-enabled solutions.
Navient (Nasdaq: NAVI) announced the upcoming release of its 2020 fourth quarter and full year financial results, scheduled for January 26, 2021, after market close. A conference call will follow on January 27, 2021, at 8 a.m. ET to discuss the results. Investors will be notified through a news release and on Twitter. The earnings report will also be filed with the SEC. Navient provides education loan management and processing solutions, supporting clients across various sectors, aiming to help Americans achieve financial success.
Labaton Sucharow announces an investigation on behalf of purchasers of Navient (NAVI) securities, following a lawsuit filed by the New Jersey Attorney General alleging deceptive practices in student loan servicing. The suit claims Navient used misleading tactics to increase profits, violating state consumer protection laws. Following this news, Navient's stock dropped over 5% on high trading volume, raising concerns among investors about the potential implications of the lawsuit and ongoing investigations.
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.
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