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 Video: What is a Stock Split?
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| Navient Corporation provides technology-enabled education finance and business processing solutions. Co. operates through three segments: Federal Education Loans, Consumer Lending, and Business Processing. In the Federal Education Loans segment, it owns and manages Federal Family Education Loan Program (FFELP) loans and is the master servicer on this portfolio. It also services FFELP loans owned by other institutions. In the Consumer Lending Segment, it owns and manages private education loans and is the master servicer for these portfolios. Through its Earnest brand, it also refinances and originates in-school private education loans. According to our NAVI split history records, Navient has had 1 split. | |
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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
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| Start date: |
06/23/2015 |
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| End date: |
06/20/2025 |
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| Start price/share: |
$19.10 |
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| End price/share: |
$13.51 |
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| Starting shares: |
523.56 |
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| Ending shares: |
832.77 |
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| Dividends reinvested/share: |
$6.40 |
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| Total return: |
12.51% |
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| Average Annual Total Return: |
1.19% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$11,255.79 |
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| Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
06/23/2015 |
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| End date: |
06/20/2025 |
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| Start price/share: |
$19.10 |
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| End price/share: |
$13.51 |
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| Dividends collected/share: |
$6.40 |
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| Total return: |
4.24% |
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| Average Annual Total Return: |
0.42% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$10,428.03 |
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| Years: |
10.00 |
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| Date |
Ratio |
| 04/06/2000 | 2 for 1
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