S&P 500   4,145.19
DOW   32,803.47
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What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
NYSE:NNI

Nelnet - NNI Stock Forecast, Price & News

$93.24
-0.51 (-0.54%)
(As of 08/5/2022 08:49 PM ET)
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Compare
Today's Range
$91.99
$93.46
50-Day Range
$73.46
$95.89
52-Week Range
$72.94
$99.79
Volume
42,300 shs
Average Volume
88,210 shs
Market Capitalization
$3.52 billion
P/E Ratio
7.83
Dividend Yield
1.03%
Price Target
$92.00

Nelnet MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
1.3% Downside
$92.00 Price Target
Short Interest
Healthy
2.55% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.11
Upright™ Environmental Score
News Sentiment
-0.04mentions of Nelnet in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$80,485 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.04 out of 5 stars

Finance Sector

759th out of 1,207 stocks

Personal Credit Institutions Industry

10th out of 14 stocks

NNI stock logo

About Nelnet (NYSE:NNI) Stock

Nelnet, Inc. engages in loan servicing, communications, education technology, services, and payment processing businesses worldwide. The Loan Servicing and Systems segment provides loan conversion, application processing, borrower updates, customer service, payment processing, due diligence procedures, funds management reconciliation, and claim processing services. 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 financial management services; school information system software; website design and cost effective admissions software; FACTS Giving, a donation platform; and customized professional development and coaching services, educational instruction services, and technology products that aid in teacher and student evaluations. It also offers tuition payment plans, and service and technology for student billings, payments, and refunds; solutions for in-person, online, and mobile payment experiences on campus; payment processing services, such as credit card and electronic transfer; faith community engagement, giving management, and learning management services and technologies; and an integrated commerce payment platform, financial management, and tuition payment plan services, as well as a school management platform that provides administrative, information management, financial management, and communication functions for K-12 schools. The Communications segment provides fiber optic service to homes and businesses for internet, television, and telephone services. The Asset Generation and Management segment acquires, manages, and owns loan assets. The Nelnet Bank segment operates internet industrial banks. The company was founded in 1978 and is headquartered in Lincoln, Nebraska.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Nelnet from a "hold" rating to a "buy" rating in a research note on Friday, May 13th.

Nelnet Stock Performance

Shares of NNI traded down $0.51 during trading hours on Friday, hitting $93.24. The stock had a trading volume of 42,374 shares, compared to its average volume of 61,611. The company has a debt-to-equity ratio of 5.43, a quick ratio of 72.66 and a current ratio of 72.67. The firm has a 50-day moving average price of $86.74 and a 200 day moving average price of $84.81. Nelnet has a fifty-two week low of $72.94 and a fifty-two week high of $99.79. The firm has a market capitalization of $3.52 billion, a price-to-earnings ratio of 7.83 and a beta of 0.71.

Nelnet (NYSE:NNI - Get Rating) last posted its quarterly earnings data on Monday, May 9th. The credit services provider reported $1.99 earnings per share for the quarter. The company had revenue of $481.56 million during the quarter. Nelnet had a net margin of 27.45% and a return on equity of 10.39%.

Nelnet Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 15th. Shareholders of record on Wednesday, June 1st were given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date was Tuesday, May 31st. Nelnet's dividend payout ratio is presently 8.06%.

Insiders Place Their Bets

In other Nelnet news, insider William J. Munn sold 500 shares of the company's stock in a transaction on Monday, June 13th. The shares were sold at an average price of $79.76, for a total transaction of $39,880.00. Following the completion of the transaction, the insider now directly owns 20,771 shares in the company, valued at $1,656,694.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 50.30% of the stock is currently owned by company insiders.

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NNI Stock News Headlines

A Preview Of Nelnet's Earnings - msnNOW
DAN HUGHES NAMED AS FACTS NATIONAL SALES DIRECTOR
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NNI Company Calendar

Last Earnings
11/08/2021
Ex-Dividend for 6/15 Dividend
5/31/2022
Dividend Payable
6/15/2022
Today
8/08/2022
Next Earnings (Confirmed)
8/08/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Personal credit institutions
Sub-Industry
Consumer Finance
Sector
Finance
CUSIP
64031N10
Employees
7,988
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$92.00
High Stock Price Forecast
$92.00
Low Stock Price Forecast
$92.00
Forecasted Upside/Downside
-1.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$393.29 million
Pretax Margin
35.19%

Debt

Sales & Book Value

Annual Sales
$1.50 billion
Cash Flow
$12.00 per share
Book Value
$77.88 per share

Miscellaneous

Free Float
18,775,000
Market Cap
$3.52 billion
Optionable
Optionable
Beta
0.71

Key Executives

  • Mr. Michael Sullivan Dunlap (Age 58)
    Exec. Chairman
    Comp: $1.18M
  • Mr. Jeffrey R. Noordhoek (Age 56)
    Chief Exec. Officer
    Comp: $1.73M
  • Mr. Timothy Alan Tewes (Age 63)
    Pres
    Comp: $1.64M
  • Mr. James D. Kruger (Age 59)
    Chief Financial Officer
    Comp: $1.71M
  • Mr. Terry J. Heimes (Age 58)
    Chief Operating Officer
    Comp: $1.68M
  • Mr. Phil Morgan
    Investor Relations Contact
  • Mr. William J. Munn (Age 54)
    Corp. Sec., Chief Governance Officer & Gen. Counsel
  • Ms. Jackie Strohbehn
    Pres of Nelnet Campus Commerce
  • Mr. Matthew W. Dunlap (Age 33)
    Chief Bus. Devel. Officer & Director













NNI Stock - Frequently Asked Questions

Should I buy or sell Nelnet stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Nelnet in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Nelnet stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NNI, but not buy additional shares or sell existing shares.
View analyst ratings for Nelnet
or view top-rated stocks.

What is Nelnet's stock price forecast for 2022?

1 equities research analysts have issued twelve-month target prices for Nelnet's stock. Their NNI stock forecasts range from $92.00 to $92.00. On average, they anticipate Nelnet's share price to reach $92.00 in the next year. This suggests that the stock has a possible downside of 1.3%.
View analysts' price targets for Nelnet
or view top-rated stocks among Wall Street analysts.

How has Nelnet's stock performed in 2022?

Nelnet's stock was trading at $97.68 at the start of the year. Since then, NNI shares have decreased by 4.5% and is now trading at $93.24.
View the best growth stocks for 2022 here
.

When is Nelnet's next earnings date?

Nelnet is scheduled to release its next quarterly earnings announcement on Monday, August 8th 2022.
View our earnings forecast for Nelnet
.

How were Nelnet's earnings last quarter?

Nelnet, Inc. (NYSE:NNI) issued its quarterly earnings data on Monday, November, 8th. The credit services provider reported $1.23 EPS for the quarter, missing analysts' consensus estimates of $1.68 by $0.45. The credit services provider had revenue of $286.66 million for the quarter. Nelnet had a net margin of 27.45% and a trailing twelve-month return on equity of 10.39%.

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

Nelnet declared a quarterly dividend on Tuesday, May 10th. Shareholders of record on Wednesday, June 1st will be paid a dividend of $0.24 per share on Wednesday, June 15th. This represents a $0.96 annualized dividend and a yield of 1.03%. The ex-dividend date is Tuesday, May 31st.
View Nelnet's dividend history
.

Is Nelnet a good dividend stock?

Nelnet(NYSE:NNI) pays an annual dividend of $0.96 per share and currently has a dividend yield of 1.03%. Nelnet has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Nelnet is 8.06%. This payout ratio is at a healthy, sustainable level, below 75%.
View Nelnet's dividend history.

What is Mike Dunlap's approval rating as Nelnet's CEO?

187 employees have rated Nelnet CEO Mike Dunlap on Glassdoor.com. Mike Dunlap has an approval rating of 83% among Nelnet's employees.

What other stocks do shareholders of Nelnet own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Nelnet investors own include Altria Group (MO), Exxon Mobil (XOM), Consolidated Edison (ED), Enbridge (ENB), Edwards Lifesciences (EW), International Business Machines (IBM), MetLife (MET), Pfizer (PFE), Shaw Communications (SJR) and AT&T (T).

What is Nelnet's stock symbol?

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

Who are Nelnet's major shareholders?

Nelnet's stock is owned by many different retail and institutional investors. Top institutional shareholders include Farmers & Merchants Investments Inc. (4.11%), Denali Advisors LLC (0.12%), Moody Aldrich Partners LLC (0.05%), D.A. Davidson & CO. (0.04%), M&T Bank Corp (0.03%) and Mirae Asset Global Investments Co. Ltd. (0.03%). Company insiders that own Nelnet stock include Michael S Dunlap, Shelby J Butterfield, Shelby J Butterfield, William J Munn and William J Munn.
View institutional ownership trends for Nelnet
.

How do I buy shares of Nelnet?

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

What is Nelnet's stock price today?

One share of NNI stock can currently be purchased for approximately $93.24.

How much money does Nelnet make?

Nelnet (NYSE:NNI) has a market capitalization of $3.52 billion and generates $1.50 billion in revenue each year. The credit services provider earns $393.29 million in net income (profit) each year or $11.91 on an earnings per share basis.

How many employees does Nelnet have?

Nelnet employs 7,988 workers across the globe.

How can I contact Nelnet?

Nelnet's mailing address is 121 SOUTH 13TH STREET SUITE 100, LINCOLN NE, 68508. The official website for Nelnet is www.nelnet.com. The credit services provider can be reached via phone at (402) 458-2370, via email at investorrelations@nelnet.net, or via fax at 402-458-2344.

This page (NYSE:NNI) was last updated on 8/8/2022 by MarketBeat.com Staff

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