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Navient Corp bears the ticker symbol NAVI, and this is my first mention of Navient Corp for my new Viking Portfolio. However, I did select Navient for one of my previous Dog of The Week Portfolios.

Navient Corp is a financial services company that provides education loan management and business processing services to education, healthcare, and government clients at the federal, state, and local levels.

‘The company operates in Delaware, western New York, northern Pennsylvania, Indiana, Tennessee, Texas, and Virginia, among other locations.

The company has three primary reportable business segments: Federal Education Loans, Consumer Lending, and Business Processing. The company's fourth and other segment relates to financial results of the company's holding company, including activities related to repurchases of debt, corporate liquidity portfolio, and unallocated overhead and regulatory-related costs.

Navient Corporation was founded in 1973 and is headquartered in Wilmington, Delaware.

Three key data points gauge

Navient Corp:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether any company has made, is making, and will make money.

NAVI Price

Navient’s price per share was $17.30 at Thursday’s market close. In the past year, NAVI’s share price declined by $2.81, or about 14%.

If Navient’s stock trades in the range of $12.00 to $24.00 this next year, its recent $17.30 share price might reach to $18.00 by next year. That upside estimate of $0.70 is  $2.15 above the median of one-year target estimates from the ten analysts covering NAVI for brokers.

NAVI Dividends

Navient’s most recent quarterly dividend of $0.16 equates to $0.64 annually and casts a forward yield of 3.7%.

NAVI Returns

Adding the $0.64 annual estimated NAVI dividend to my one-year price upside estimate of $0.70 reveals a $1.34 potential gross gain estimate per share.

At Wednesday’s $17.30 closing price, a little over $1000 would buy 58 shares.

A $10 broker fee (if charged), paid half at purchase and half at sale, might cost us about $0.17 per share.

Subtract that maybe $0.17 brokerage cost from my estimated $1.34 gross gain makes a net gain of $1.17 X 58 shares = $67.86 for a 6.78% net gain, including a 3.7% annual dividend yield.

In the next year, our $1K investment in shares of Navient Corp would generate $37.00 in cash dividends. Of course, a single share of NAVI stock at Wednesday's $17.30 price is over two times less than the estimated annual dividend income from our $1000 investment.

So, by my dogcatcher ideal, this looks like a good time to buy NAVI shares based on their dividends for 2023. The current dividend from $1K invested is 2.14 times greater than the NAVI single share price. Consider yourself alerted.

All of the estimates above are speculation based on the past history of investment in shares of Navient Corp. Only time and money invested in this stock will determine its future market value.

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