NYSE:NNI - Nelnet Stock Price, News, & Analysis

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$60.26 -0.71 (-1.16 %)
(As of 05/19/2019 04:00 PM ET)
Previous Close$60.26
Today's Range$59.85 - $60.7150
52-Week Range$47.59 - $64.00
Volume86,088 shs
Average Volume61,701 shs
Market Capitalization$2.42 billion
P/E Ratio10.98
Dividend Yield1.19%
Beta0.53
Nelnet, Inc. provides education related products and services, and loan asset management services worldwide. The company's Loan Servicing and Systems is involved in loan servicing activities, such as loan conversion, application processing, borrower updates, customer service, payment processing, due diligence procedures, funds management reconciliation, and claim processing activities for student loan portfolio and third-party clients. This segment also provides student loan servicing software; business process outsourcing services specialized in contact center management, such as inbound calls, outreach campaigns and sales, and interacting with customers through multi-channels. The Education Technology, Services, and Payment Processing segment offers managed tuition payment plans and billing services; assistance with financial needs assessment and donor management; school information system software that helps schools automate administrative processes; professional development and educational instruction services; and technology products that aid in teacher and student evaluations. It also offers technology and payments services, including electronic transfer and credit card processing, reporting, billing and invoicing, mobile and virtual terminal solutions, and specialized integrations to business software; and mobile first technology focused on increasing engagement, online giving, and communication for church and not-for-profit customers. Its Communications segment fiber optic service to homes and businesses for Internet, television, and telephone services. Its data services include high-speed Internet access; telephone services comprise local and long distance telephone service, hostedPBX services, and other basic services. Its Asset Generation and Management segment acquires, manages, and owns loan assets. It also provides investment advisory services. The company was founded in 1978 and is headquartered in Lincoln, Nebraska.

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Industry, Sector and Symbol

Industry Personal credit institutions
Sub-IndustryConsumer Finance
SectorFinance
CUSIP64031N10
Phone402-458-2370

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.76 billion
Cash Flow$10.2309 per share
Book Value$57.98 per share

Profitability

Net Income$227.91 million

Miscellaneous

Employees6,200
Market Cap$2.42 billion
Next Earnings Date8/6/2019 (Estimated)
OptionableOptionable

Nelnet (NYSE:NNI) Frequently Asked Questions

What is Nelnet's stock symbol?

Nelnet trades on the New York Stock Exchange (NYSE) under the ticker symbol "NNI."

How often does Nelnet pay dividends? What is the dividend yield for Nelnet?

Nelnet declared a quarterly dividend on Wednesday, May 8th. Stockholders of record on Friday, May 31st will be paid a dividend of $0.18 per share on Friday, June 14th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date of this dividend is Thursday, May 30th. View Nelnet's Dividend History.

How were Nelnet's earnings last quarter?

Nelnet, Inc. (NYSE:NNI) posted its earnings results on Wednesday, May, 8th. The credit services provider reported $1.61 EPS for the quarter, topping the Zacks' consensus estimate of $1.21 by $0.40. The credit services provider earned $264.94 million during the quarter. Nelnet had a return on equity of 9.66% and a net margin of 8.86%. View Nelnet's Earnings History.

When is Nelnet's next earnings date?

Nelnet is scheduled to release their next quarterly earnings announcement on Tuesday, August 6th 2019. View Earnings Estimates for Nelnet.

Has Nelnet been receiving favorable news coverage?

News articles about NNI stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Nelnet earned a coverage optimism score of 1.9 on InfoTrie's scale. They also gave news articles about the credit services provider a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Who are some of Nelnet's key competitors?

What other stocks do shareholders of Nelnet own?

Who are Nelnet's key executives?

Nelnet's management team includes the folowing people:
  • Mr. Michael Sullivan Dunlap, Exec. Chairman (Age 55)
  • Mr. Jeffrey R. Noordhoek, Chief Exec. Officer (Age 53)
  • Mr. Timothy A. Tewes, Pres (Age 60)
  • Mr. James D. Kruger, Chief Financial Officer (Age 56)
  • Mr. Terry J. Heimes, Chief Operating Officer (Age 55)

Who are Nelnet's major shareholders?

Nelnet's stock is owned by a number of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (6.06%), Farmers & Merchants Investments Inc. (3.62%), BlackRock Inc. (3.40%), Boston Partners (2.66%), Magnolia Group LLC (2.54%) and LSV Asset Management (1.68%). Company insiders that own Nelnet stock include Angie Muhleisen, Kathleen Anne Farrell, Michael D Reardon and William J Munn. View Institutional Ownership Trends for Nelnet.

Which institutional investors are selling Nelnet stock?

NNI stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, James Investment Research Inc., Dimensional Fund Advisors LP, Morgan Stanley, Seizert Capital Partners LLC, First Trust Advisors LP, General American Investors Co. Inc. and Wells Fargo & Company MN. View Insider Buying and Selling for Nelnet.

Which institutional investors are buying Nelnet stock?

NNI stock was bought by a variety of institutional investors in the last quarter, including Magnolia Group LLC, Boston Partners, Goldman Sachs Group Inc., Geode Capital Management LLC, Marshall Wace LLP, Citigroup Inc., Foundry Partners LLC and BlackRock Inc.. View Insider Buying and Selling for Nelnet.

How do I buy shares of Nelnet?

Shares of NNI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Nelnet's stock price today?

One share of NNI stock can currently be purchased for approximately $60.26.

How big of a company is Nelnet?

Nelnet has a market capitalization of $2.42 billion and generates $1.76 billion in revenue each year. Nelnet employs 6,200 workers across the globe.

What is Nelnet's official website?

The official website for Nelnet is http://www.nelnet.net.

How can I contact Nelnet?

Nelnet's mailing address is 121 SOUTH 13TH STREET SUITE 100, LINCOLN NE, 68508. The credit services provider can be reached via phone at 402-458-2370 or via email at [email protected]


MarketBeat Community Rating for Nelnet (NYSE NNI)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  215 (Vote Outperform)
Underperform Votes:  161 (Vote Underperform)
Total Votes:  376
MarketBeat's community ratings are surveys of what our community members think about Nelnet and other stocks. Vote "Outperform" if you believe NNI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NNI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/19/2019 by MarketBeat.com Staff

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