Nelnet Company Profile (NYSE:NNI)

About Nelnet (NYSE:NNI)

Nelnet logoNelnet, Inc. focuses on delivering education-related products and services and student loan asset management. The Company is engaged in student loan servicing, tuition payment processing and school information systems, and communications. The Company's segments include Loan Systems and Servicing, Tuition Payment Processing and Campus Commerce, Communications, Asset Generation and Management, and Corporate and Other Activities. The Company earns fee-based revenue through its Loan Systems and Servicing, Tuition Payment Processing, and Communications operating segments. In addition, the Company earns interest income on its student loan portfolio in its Asset Generation and Management operating segment. Corporate and Other Activities include real estate and other investments. The Company, through Allo Communications LLC, is engaged in the sale of advanced telecommunication services, including Internet, broadband, telephone, and television services.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Credit Services
  • Sub-Industry: Consumer Finance
  • Symbol: NYSE:NNI
  • CUSIP: 64031N10
  • Web: www.nelnet.net
Capitalization:
  • Market Cap: $1.7 billion
  • Outstanding Shares: 42,215,000
Average Prices:
  • 50 Day Moving Avg: $43.82
  • 200 Day Moving Avg: $47.24
  • 52 Week Range: $31.49 - $55.01
P/E:
  • Trailing P/E Ratio: 6.62
  • Foreward P/E Ratio: 9.17
  • P/E Growth: -1.53
Sales & Book Value:
  • Annual Revenue: $830.63 million
  • Price / Sales: 2.05
  • Book Value: $49.94 per share
  • Price / Book: 0.81
Dividend:
  • Annual Dividend: $0.56
  • Dividend Yield: 1.4%
Profitability:
  • Net Margins: 20.23%
  • Return on Equity: 11.83%
  • Return on Assets: 0.78%
Debt:
  • Debt-to-Equity Ratio: 12.78%
  • Current Ratio: 197.01%
  • Quick Ratio: 197.01%
Misc:
  • Average Volume: 80,489 shs.
  • Beta: 1.07
  • Short Ratio: 2.69
 

Frequently Asked Questions for Nelnet (NYSE:NNI)

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 Thursday, May 11th. Stockholders of record on Thursday, June 1st will be paid a dividend of $0.14 per share on Thursday, June 15th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.39%. The ex-dividend date is Tuesday, May 30th. View Nelnet's Dividend History.

How were Nelnet's earnings last quarter?

Nelnet, Inc. (NYSE:NNI) posted its earnings results on Monday, May, 8th. The company reported $1.23 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.24 by $0.01. The business earned $183.82 million during the quarter, compared to analyst estimates of $191.87 million. Nelnet had a net margin of 20.23% and a return on equity of 11.83%. Nelnet's revenue was down 4.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.43 EPS. View Nelnet's Earnings History.

Where is Nelnet's stock going? Where will Nelnet's stock price be in 2017?

2 brokerages have issued 1-year price objectives for Nelnet's stock. Their forecasts range from $47.00 to $48.00. On average, they expect Nelnet's stock price to reach $47.50 in the next twelve months. View Analyst Ratings for Nelnet.

Who are some of Nelnet's key competitors?

Who owns Nelnet stock?

Nelnet's stock is owned by a number of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (5.31%), Vanguard Group Inc. (4.79%), Farmers & Merchants Investments Inc. (4.35%), LSV Asset Management (2.42%), Boston Partners (2.42%) and Prudential Financial Inc. (0.98%). View Institutional Ownership Trends for Nelnet.

Who sold Nelnet stock? Who is selling Nelnet stock?

Nelnet's stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Wellington Management Group LLP, Farmers & Merchants Investments Inc., Morgan Stanley, Renaissance Technologies LLC, JPMorgan Chase & Co., Genovese Burford & Brothers Wealth & Retirement Plan Management LLC and Boston Partners. View Insider Buying and Selling for Nelnet.

Who bought Nelnet stock? Who is buying Nelnet stock?

Nelnet's stock was acquired by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Dimensional Fund Advisors LP, LSV Asset Management, Seizert Capital Partners LLC, Schwab Charles Investment Management Inc., Citadel Advisors LLC, AQR Capital Management LLC and WBI Investments Inc.. View Insider Buying and Selling for Nelnet.

How do I buy Nelnet stock?

Shares of Nelnet can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Nelnet stock cost?

One share of Nelnet stock can currently be purchased for approximately $40.36.

Analyst Ratings

Consensus Ratings for Nelnet (NYSE:NNI) (?)
Ratings Breakdown: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $47.50 (17.69% upside)

Analysts' Ratings History for Nelnet (NYSE:NNI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
1/31/2017Credit Suisse Group AGDowngradeOutperform -> NeutralN/AView Rating Details
8/8/2016Compass PointLower Price TargetBuy$50.00 -> $47.00N/AView Rating Details
(Data available from 5/22/2015 forward)

Earnings

Earnings History for Nelnet (NYSE:NNI)
Earnings by Quarter for Nelnet (NYSE:NNI)
Earnings History by Quarter for Nelnet (NYSE:NNI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/8/2017Q1 2017$1.24$1.23$191.87 million$183.82 millionViewN/AView Earnings Details
2/27/2017Q416$1.13$1.05$181.28 million$271.86 millionViewN/AView Earnings Details
11/9/2016Q3$1.13$1.36$183.39 million$244.87 millionViewN/AView Earnings Details
8/4/2016Q2$1.28$1.13$193.85 million$150.63 millionViewN/AView Earnings Details
5/5/2016Q116$1.41$1.43$218.81 million$186.47 millionViewN/AView Earnings Details
2/25/2016Q415$1.31$1.31$215.92 million$251.14 millionViewN/AView Earnings Details
11/5/2015Q315$1.47$1.43$229.88 million$199.91 millionViewN/AView Earnings Details
5/7/2015Q115$1.51$1.37$201.60 million$219.66 millionViewN/AView Earnings Details
2/26/2015Q414$1.48$1.60$206.61 million$222.36 millionViewN/AView Earnings Details
11/6/2014Q314$1.48$1.45$231.80 million$189.40 millionViewN/AView Earnings Details
8/7/2014Q214$1.44$1.51$230.60 million$233.06 millionViewN/AView Earnings Details
5/8/2014Q114$1.48$1.56$226.94 million$224.78 millionViewN/AView Earnings Details
2/27/2014Q413$1.39$1.51$219.78 millionViewN/AView Earnings Details
11/7/2013Q313$1.36$1.48$214.92 millionViewN/AView Earnings Details
8/8/2013Q2 2013$1.25$1.53$209.31 millionViewN/AView Earnings Details
5/9/2013Q1 2013$1.31$1.34$208.00 millionViewN/AView Earnings Details
2/28/2013Q4 2012$1.13$1.05$197.90 millionViewN/AView Earnings Details
11/8/2012$1.08$1.12$195.44 millionViewN/AView Earnings Details
8/8/2012$1.05$1.13ViewN/AView Earnings Details
5/9/2012$1.11$1.11ViewN/AView Earnings Details
11/8/2011$1.07$1.22ViewN/AView Earnings Details
8/9/2011$1.02$1.04ViewN/AView Earnings Details
5/10/2011$1.10$1.18ViewN/AView Earnings Details
3/3/2011$1.47$1.66ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Nelnet (NYSE:NNI)
Current Year EPS Consensus Estimate: $4.48 EPS
Next Year EPS Consensus Estimate: $4.40 EPS

Dividends

Current Dividend Information for Nelnet (NYSE:NNI)
Next Dividend:6/15/2017
Annual Dividend:$0.56
Dividend Yield:1.39%
Dividend Growth:7.70% (3 Year Average)
Payout Ratio:10.07% (Trailing 12 Months of Earnings)
12.50% (Based on This Year's Estimates)
12.73% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Nelnet (NYSE:NNI)

Dividend History by Quarter for Nelnet (NYSE:NNI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/11/2017quarterly$0.141.35%5/30/20176/1/20176/15/2017
2/6/2017quarterly$0.141.11%2/27/20173/1/20173/15/2017
11/10/2016quarterly$0.141.21%11/29/201612/1/201612/15/2016
8/5/2016quarterly$0.121.36%8/30/20169/1/20169/15/2016
5/6/2016quarterly$0.121.25%5/27/20166/1/20166/15/2016
2/5/2016quarterly$0.121.49%2/26/20163/1/20163/15/2016
11/6/2015quarterly$0.121.39%11/27/201512/1/201512/15/2015
8/7/2015quarterly$0.100.98%8/28/20159/1/20159/15/2015
5/8/2015quarterly$0.100.94%5/28/20156/1/20156/15/2015
2/9/2015quarterly$0.100.85%2/25/20152/27/20153/13/2015
11/6/2014quarterly$0.100.84%11/26/201412/1/201412/15/2014
8/7/2014quarterly$0.100.89%8/27/20149/1/20149/15/2014
5/8/2014quarterly$0.101%5/28/20145/30/20146/13/2014
2/7/2014quarterly$0.101.13%2/26/20142/28/20143/14/2014
11/7/2013quarterly$0.100.9%11/27/201312/2/201312/16/2013
8/8/2013quarterly$0.100.99%8/28/20138/30/20139/13/2013
5/9/2013quarterly$0.101.15%5/29/20135/31/20136/14/2013
2/7/2013quarterly$0.101.27%2/27/20133/1/20133/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Nelnet (NYSE:NNI)
Insider Ownership Percentage: 45.40%
Institutional Ownership Percentage: 41.40%
Insider Trades by Quarter for Nelnet (NYSE:NNI)
Institutional Ownership by Quarter for Nelnet (NYSE:NNI)
Insider Trades by Quarter for Nelnet (NYSE:NNI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/20/2017William J. MunnInsiderSell998$45.00$44,910.00View SEC Filing  
11/7/2016William J. MunnInsiderSell1,000$39.00$39,000.00View SEC Filing  
3/16/2016William J MunnInsiderSell1,000$38.84$38,840.00View SEC Filing  
12/14/2015William J. MunninsiderSell1,000$31.67$31,670.00View SEC Filing  
6/15/2015William J MunnInsiderSell1,500$42.45$63,675.00View SEC Filing  
9/16/2014William J MunnInsiderSell1,000$42.91$42,910.00View SEC Filing  
8/11/2014James D KrugerCFOSell10,000$45.00$450,000.00View SEC Filing  
6/3/2014Michael D ReardonDirectorSell8,000$40.44$323,520.00View SEC Filing  
12/9/2013William MunnInsiderSell11,000$42.85$471,350.00View SEC Filing  
11/12/2013Todd EicherDirectorSell3,689$44.10$162,684.90View SEC Filing  
6/17/2013Todd M EicherDirectorSell4,436$37.54$166,527.44View SEC Filing  
6/5/2013Terry J HeimesCFOSell21,412$37.47$802,307.64View SEC Filing  
10/5/2012Angie MuhleisenMajor ShareholderSell12,500$23.94$299,250.00View SEC Filing  
9/5/2012Angie MuhleisenMajor ShareholderSell12,500$23.76$297,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Nelnet (NYSE:NNI)
Latest Headlines for Nelnet (NYSE:NNI)
Source:
DateHeadline
nasdaq.com logoNelnet Enters Oversold Territory
www.nasdaq.com - May 17 at 6:48 PM
finance.yahoo.com logoNelnet Student Loan Trust 2017-1 -- Moody's assigns provisional ratings to Nelnet Student Loan Trust 2017-1
finance.yahoo.com - May 16 at 6:36 PM
americanbankingnews.com logoNelnet, Inc. (NNI) Announces Quarterly Dividend of $0.14
www.americanbankingnews.com - May 11 at 7:14 PM
finance.yahoo.com logoNelnet, Inc. breached its 50 day moving average in a Bearish Manner : NNI-US : May 10, 2017
finance.yahoo.com - May 10 at 12:03 PM
americanbankingnews.com logoNelnet, Inc. (NNI) Posts Earnings Results
www.americanbankingnews.com - May 9 at 4:02 PM
finance.yahoo.com logoNelnet Reports First Quarter 2017 Results
finance.yahoo.com - May 8 at 6:20 PM
marketbeat.com logoNelnet posts 1Q profit
marketbeat.com - May 8 at 5:17 PM
americanbankingnews.com logoPositive News Coverage Unlikely to Impact Nelnet (NNI) Share Price
www.americanbankingnews.com - May 4 at 1:21 AM
americanbankingnews.com logoSomewhat Favorable News Coverage Extremely Likely to Impact Nelnet (NNI) Stock Price
www.americanbankingnews.com - April 27 at 3:32 PM
americanbankingnews.com logoNelnet (NNI) Getting Somewhat Favorable News Coverage, Study Shows
www.americanbankingnews.com - April 22 at 9:13 AM
americanbankingnews.com logoInsider Selling: Nelnet, Inc. (NNI) Insider Sells 998 Shares of Stock
www.americanbankingnews.com - April 21 at 9:28 PM
finance.yahoo.com logoNelnet, Inc. breached its 50 day moving average in a Bullish Manner : NNI-US : April 21, 2017
finance.yahoo.com - April 21 at 9:32 AM
finance.yahoo.com logoNelnet to Announce First Quarter Results on May 8
finance.yahoo.com - April 14 at 6:32 PM
finance.yahoo.com logoNelnet Student Loan Trust 2013-2 -- Moody's upgrades Cl. B of Nelnet Student Loan Trust 2013-2
finance.yahoo.com - April 13 at 6:37 PM
americanbankingnews.com logoTheStreet Lowers Nelnet, Inc. (NNI) to D+
www.americanbankingnews.com - March 26 at 11:43 PM
nasdaq.com logoNotable Thursday Option Activity: YHOO, ENV, NNI
www.nasdaq.com - March 3 at 9:04 AM
us.rd.yahoo.com logo4:17 pm Nelnet misses by $0.08
us.rd.yahoo.com - February 28 at 10:28 AM
biz.yahoo.com logoQ4 2016 Nelnet Inc Earnings Release - After Market Close
us.rd.yahoo.com - February 27 at 5:51 PM
us.rd.yahoo.com logoNelnet Reports Fourth Quarter 2016 Results
us.rd.yahoo.com - February 27 at 5:51 PM
biz.yahoo.com logoNELNET INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits
us.rd.yahoo.com - February 27 at 5:50 PM
finance.yahoo.com logoPost Earnings Coverage as Visa Reported Robust Results: Revenue Surged 25%, Adjusted EPS Soared 23%
finance.yahoo.com - February 16 at 6:24 PM
finance.yahoo.com logoNelnet, Inc. Announces Results to Date of Cash Tender Offer and Consent Solicitation for 7.400% Fixed-to-Floating Rate Capital Efficient Notes
finance.yahoo.com - February 6 at 9:33 AM
finance.yahoo.com logoNelnet Board Approves Dividend
finance.yahoo.com - February 3 at 7:39 PM
moodys.com logoMoody's upgrades three tranches in Nelnet Education Loan Funding, Inc. (2004 Indenture)
www.moodys.com - January 31 at 7:48 PM
finance.yahoo.com logoNelnet, Inc. Increases Tender Offer Consideration of Cash Tender Offer and Consent Solicitation for 7.400% Fixed-to-Floating Rate Capital Efficient Notes
finance.yahoo.com - January 31 at 12:32 AM
finance.yahoo.com logoNelnet, Inc. Announces Cash Tender Offer and Consent Solicitation for 7.400% Fixed-to-Floating Rate Capital Efficient Notes
finance.yahoo.com - January 23 at 7:11 PM
finance.yahoo.com logoNelnet to Announce Fourth Quarter and Year-End Results on Feb. 27
finance.yahoo.com - January 12 at 7:29 PM
moodys.com logoMoody's takes action on two tranches from Nelnet Student Loan Trust 2014-2
www.moodys.com - January 5 at 8:52 PM
biz.yahoo.com logoNELNET INC Files SEC form 8-K, Entry into a Material Definitive Agreement
biz.yahoo.com - December 14 at 7:32 PM
finance.yahoo.com logoNELNET INC Financials
finance.yahoo.com - November 17 at 6:08 PM
finance.yahoo.com logoNelnet downgraded by Credit Suisse
finance.yahoo.com - November 14 at 6:46 PM
finance.yahoo.com logoNelnet Reports Third Quarter 2016 Results
finance.yahoo.com - November 9 at 6:22 PM
streetinsider.com logoNelnet (NNI) Announces Rescheduling of Q3 Report; Cites Accounting Issue
www.streetinsider.com - November 4 at 5:57 PM
biz.yahoo.com logoQ3 2016 Nelnet Inc Earnings Release - After Market Close
biz.yahoo.com - November 3 at 10:26 AM
moodys.com logoMoody's takes rating actions on 12 of Nelnet's FFELP securitizations
www.moodys.com - September 12 at 6:07 PM
nasdaq.com logoEx-Dividend Reminder: Nelnet, Pennsylvania REIT and Trustmark
www.nasdaq.com - August 26 at 6:13 PM
moodys.com logoMoody's takes rating actions on 19 Nelnet's FFELP student loan securitizations
www.moodys.com - August 18 at 6:36 PM

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Nelnet (NNI) Chart for Monday, May, 22, 2017

This page was last updated on 5/22/2017 by MarketBeat.com Staff