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

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$52.28 +0.95 (+1.85 %)
(As of 12/13/2018 09:11 AM ET)
Previous Close$51.33
Today's Range$51.52 - $53.37
52-Week Range$48.30 - $64.00
Volume88,155 shs
Average Volume66,369 shs
Market Capitalization$2.09 billion
P/E Ratio9.83
Dividend Yield1.40%
Beta0.68
Nelnet, Inc. provides education related products and services, and loan asset management services worldwide. The company's Loan Systems and Servicing segment 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 software and data center, default aversion tracking, claim processing, and post-default collection services, as well as borrower and loan updates for guarantee agencies, and contact center solutions; and licenses student loan servicing software to third-party student loan holders and servicers. Its Tuition Payment Processing and Campus Commerce segment offers products and services to help students and families to manage the payment of education costs; school information system software; professional development and educational instruction services to K-12 schools; and education-focused technologies, services, and support solutions to schools for collecting and processing commerce data. It also provides electronic transfer and credit card processing, reporting, billing and invoicing, and integration services; and mobile and virtual terminal solutions for business software products. Its Communications segment provides Internet access, data connectivity, Internet protocol television video, video on demand, and high-definition television services; digital video recorders to residential and business subscribers; and local calling and long-distance telephone services. This segment offers its services through direct marketing, call and communication centers, and sales representatives; and its Website. 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

Stock Exchange NYSE
Industry Personal credit institutions
Sub-IndustryConsumer Finance
SectorFinance
Current SymbolNYSE:NNI
Previous Symbol
CUSIP64031N10
Phone402-458-2370

Debt

Debt-to-Equity Ratio9.56
Current Ratio98.19
Quick Ratio98.19

Price-To-Earnings

Trailing P/E Ratio9.83
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.20 billion
Price / Sales1.77
Cash Flow$8.0555 per share
Price / Cash Flow6.49
Book Value$53.06 per share
Price / Book0.99

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$173.16 million
Net Margins15.43%
Return on Equity9.48%
Return on Assets0.87%

Miscellaneous

Employees4,300
Outstanding Shares40,720,000
Market Cap$2.09 billion
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 announced a quarterly dividend on Friday, November 9th. Stockholders of record on Friday, November 30th will be given a dividend of $0.18 per share on Friday, December 14th. This represents a $0.72 annualized dividend and a dividend yield of 1.38%. The ex-dividend date of this dividend is Thursday, November 29th. This is a positive change from Nelnet's previous quarterly dividend of $0.16. View Nelnet's Dividend History.

How were Nelnet's earnings last quarter?

Nelnet, Inc. (NYSE:NNI) released its quarterly earnings results on Thursday, November, 8th. The credit services provider reported $1.14 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.26 by $0.12. The credit services provider earned $276.35 million during the quarter. Nelnet had a return on equity of 9.48% and a net margin of 15.43%. During the same quarter in the prior year, the firm posted $1.00 EPS. View Nelnet's Earnings History.

When is Nelnet's next earnings date?

Nelnet is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for Nelnet.

Has Nelnet been receiving favorable news coverage?

Media coverage about NNI stock has been trending very positive this week, according to InfoTrie. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Nelnet earned a daily sentiment score of 4.0 on InfoTrie's scale. They also assigned media coverage about the credit services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near future.

Who are some of Nelnet's key competitors?

Who are Nelnet's key executives?

Nelnet's management team includes the folowing people:
  • Mr. Michael Sullivan Dunlap, Exec. Chairman (Age 54)
  • Mr. Jeffrey R. Noordhoek, Chief Exec. Officer (Age 52)
  • Mr. Timothy A. Tewes, Pres (Age 59)
  • Mr. James D. Kruger, Chief Financial Officer (Age 55)
  • Mr. Terry J. Heimes, Chief Operating Officer (Age 53)

Who are Nelnet's major shareholders?

Nelnet's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (5.95%), Vanguard Group Inc. (4.04%), Farmers & Merchants Investments Inc. (4.01%), BlackRock Inc. (3.25%), LSV Asset Management (2.37%) and Magnolia Group LLC (1.67%). 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 Foundry Partners LLC, LSV Asset Management, AQR Capital Management LLC, Renaissance Technologies LLC, Prescott Group Capital Management L.L.C., Prudential Financial Inc., Morgan Stanley and Shell Asset Management Co.. Company insiders that have sold Nelnet company stock in the last year include Angie Muhleisen and Kathleen Anne Farrell. View Insider Buying and Selling for Nelnet.

Which institutional investors are buying Nelnet stock?

NNI stock was purchased by a variety of institutional investors in the last quarter, including Magnolia Group LLC, Matarin Capital Management LLC, RK Asset Management LLC, BlackRock Inc., Vanguard Group Inc., Dimensional Fund Advisors LP, Farmers & Merchants Investments Inc. and Man Group plc. 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 $52.28.

How big of a company is Nelnet?

Nelnet has a market capitalization of $2.09 billion and generates $1.20 billion in revenue each year. Nelnet employs 4,300 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 ST STE 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:  3.0 out of 5 (star star star)
Outperform Votes:  206 (Vote Outperform)
Underperform Votes:  141 (Vote Underperform)
Total Votes:  347
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 12/13/2018 by MarketBeat.com Staff

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