Navient’s Stock Grows Slowly Despite Jobless Claims From Youth

Within July Navient (NASDAQ: NAVI) has been growing steeply from $6.47 to $8.31 with sensitive volatility. In times of uncertainty with the COVID-19 crisis which causes jobless claims from millions Navient runs the business linked to education and student loans.

Many students have lost their jobs during the quarantine and can’t get them back thus difficulties in repaying student loans come as additional problems. Navient’s revenue may fall again unless the pandemic ends as soon as possible with the economic recession.

The market capitalization obviously undervalues Navient’s actual value that is reported by financial results. Moreover, NAVI pays dividends since it has positive EPS (12 months based). Only on the ex-dividend date, the stock rises significantly as many investors want their dividends paid.