|Free Dividend Report|
|NAVI Dividend History|
|NAVI Stock Split History|
|Preferred Stock Newsletter|
|NAVI Options Chain|
|Stock Message Boards|
Navient (NAVI) has 1 split in our NAVI split history database. The split for NAVI took place on April 06, 2000. This was a 2 for 1 split, meaning for each share of NAVI owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split.
When a company such as Navient splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the NAVI split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Navient shares, starting with a $10,000 purchase of NAVI, presented on a split-history-adjusted basis factoring in the complete NAVI split history.
Growth of $10,000.00
With Dividends Reinvested
|Average Annual Total Return:||3.79%|
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||2.63%|
|Navient is a provider of education loan management and business processing solutions. Co.'s segments include: Federal Education Loans, in which Co. owns Federal Family Education Loan Program (FFELP) Loans and performs servicing and asset recovery services on its FFELP Loan portfolio, and also services and performs asset recovery services on federal education loans owned by the U.S. Department of Education and other institutions; Consumer Lending, in which Co. owns, originates, acquires and services private education loans; and Business Processing, in which Co. performs business processing services for government and healthcare clients. According to our NAVI split history records, Navient has had 1 split.|
|NAVI Split History Table|
|04/06/2000||2 for 1|
|Financials Stock Splits|
|NAVI is categorized under the Financials sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: NAVI shares outstanding history