The Retirement Systems of Alabama Sells Navient Co. Shares

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Navient Corp Intrinsic Value – NAVIENT CORP ($NASDAQ:NAVI) is a company that provides financial services. It is the largest in the United States. The company has been accused of unfair practices.

These include steering borrowers into repayment options that maximize the company’s profits rather than those that would be most beneficial for the borrower. The company has also been accused of providing inaccurate information to credit reporting agencies.

Market Price

The Retirement Systems of Alabama announced on Thursday that it had sold its shares in Navient Corp. The move comes as the student loan servicing company faces intense scrutiny from the media and government. Navient has been accused of misleading borrowers and providing subpar customer service. The company has also been the target of lawsuits from the Consumer Financial Protection Bureau and several state attorneys general. Despite the negative publicity, Navient’s stock price has remained relatively stable.

On Thursday, Navient’s stock opened at $14.4 and closed at $14.7, up by 0.3% from its last closing price of $14.6. It is unclear why the RSA decided to sell its shares in Navient. The pension fund did not give a reason for the sale in its announcement.

VI Analysis – Navient Corp Intrinsic Value Calculator

NAVIENT CORP has strong fundamentals that reflect its long term potential. The intrinsic value of NAVIENT CORP shares is around $12.9, calculated by VI Line. The stock is currently traded at $14.7, a fair price that is slightly overvalued by 14%.

VI Peers

It is a for-profit company and one of the four largest providers of student loans in the United States. The other three companies are SLM Corp, Nelnet Inc, and Capital Trade Links Ltd.

– SLM Corp ($NASDAQ:SLM)

SLM Corp is a financial services company that specializes in student loan management and servicing. The company has a market cap of $3.88 billion as of 2022. SLM Corp is headquartered in Newark, Delaware and has operations in the United States, Puerto Rico, and the United Kingdom. The company services over $300 billion in student loans for over 10 million borrowers.

– Nelnet Inc ($NYSE:NNI)

Nelnet is a publicly traded student loan servicing company headquartered in Lincoln, Nebraska. Nelnet serviced $247 billion in student loans as of December 31, 2019. It is the second largest student loan servicer in the United States behind Navient. The company also provides Tuition Payment Plans and Guaranteed Asset Protection insurance.

– Capital Trade Links Ltd ($BSE:538476)

As of 2022, Capital Trade Links Ltd has a market cap of 833.6M and a ROE of 4.14%. The company is engaged in the business of providing trade financing and support services to clients in the international trade market. It offers a range of services including trade financing, export financing, import financing, and risk management. The company has a strong focus on providing quality services to its clients and has a reputation for being a reliable and trustworthy partner in the international trade market.

Summary

Investing in Navient Corp can be a good way to diversify your portfolio and potentially earn a higher return than other investments. Navient Corp is a student loan servicer, meaning they collect payments on behalf of student loan borrowers. Navient Corp has a history of strong financial performance. The company has consistently generated revenue and profit growth since it was founded. In addition, Navient Corp has a strong balance sheet with plenty of cash and no debt. The company has been facing some challenges recently, including a lawsuit from the Consumer Financial Protection Bureau.

However, Navient Corp has been working to resolve these issues and improve its business. Investors who are willing to take on some risk may be rewarded with a higher return by investing in Navient Corp.