Professional
Added to YB: 2026-08-07
Pitch date: 2026-07-28
NAVI [bullish]
Navient Corporation
+9.58%
current return
Author Info
Gator Capital Management manages financials sector long/short portfolios for private partnerships and mutual funds. Follow on Twitter/X.
Company Info
Navient Corporation provides technology-enabled education finance for education in the United States.
Market Cap
$851.5M
Pitch Price
$8.66
Price Target
17.50 (+93%)
Dividend
7.06%
EV/EBITDA
N/A
P/E
-14.25
EV/Sales
N/A
Sector
Consumer Finance
Category
turnaround
Gator Capital Management Portfolio Holding: Navient Corporation
NAVI: Trades ~40% tangible book, seen as melting ice cube of legacy student loans. Thesis: private lending inflecting to growth after 15yrs, Grad PLUS elimination (OBBBA 2025) expands market ~80%. Q1 2026 first portfolio growth since Q4 2021. Activist Bramson (31%, now CEO, $16-17 cost) drove BPO sale, variable cost base. Stock double to his basis = ~100%. Risk: value trap, no franchise value, bankruptcy law change.
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