Navient Corporation 6% Senior Notes due December 15 2043 (JSM)

FairStock Score: 35/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I start with what the filings actually say. Navient, a financial services issuer, reported net income of $228.0 million and EPS of $1.85 in fiscal 2023 (year ended 2023-12-31), then net income of $131.0 million and EPS of $1.18 in fiscal 2024 (year ended 2024-12-31). Revenue was $321.0 million in fiscal 2023 and $271.0 million in fiscal 2024. Then the pattern broke: fiscal 2025 (year ended 2025-12-31) produced a net loss of $80.0 million and EPS of -$0.81. The culprit appears to be fiscal Q3 2025 (quarter ended 2025-09-30), when Navient lost $86.0 million and reported EPS of -$0.87, overwhelming the $14.0 million profit in fiscal Q2 2025 (quarter ended 2025-06-30). Since then, fiscal Q1 2026 (quarter ended 2026-03-31) and fiscal Q2 2026 (quarter ended 2026-06-30) showed net income of $17.0 million and $25.0 million, with EPS of $0.17 and $0.26. That is enough to label a possible turnaround, and FairStock's computed Lynch category is TURNAROUND: loss in the latest year after earlier profits.

In plain English: Navient is a financial services company whose 6% senior notes mature in 2043. The company earned money in fiscal 2023 and 2024, but it reported a full-year loss in fiscal 2025, followed by profits in the first two quarters of fiscal 2026. The notes are priced at $16.54 as of the close on 2026-10-13, near the bottom of where they have traded over the past year, so the market looks cautious about the company's mixed record.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K/A (period ended 2024-12-31) · FY2023 10-K/A (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer