Nelnet Company Profile (NYSE:NNI)

About Nelnet

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 telecommunications. The Company's segments include Student Loan and Guaranty Servicing, which focuses on student loan servicing, student loan servicing-related technology solutions, and outsourcing services for lenders, guaranty agencies and other entities; Tuition Payment Processing and Campus Commerce, which provides products and services to help students and families manage the payment of education costs at all levels (K-12 and higher education); Asset Generation and Management segment, which includes the acquisition and management of the Company's student loan assets, and Telecommunications, which focuses on providing pure fiber optic service directly to homes and businesses for Internet, television and telephone services.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Credit Services
  • Sub-Industry: Consumer Finance
  • Exchange: NYSE
  • Symbol: NNI
  • CUSIP: 64031N10
Key Metrics:
  • Previous Close: $50.49
  • 50 Day Moving Average: $50.25
  • 200 Day Moving Average: $44.50
  • 52-Week Range: $31.49 - $55.01
  • Trailing P/E Ratio: 9.04
  • Foreward P/E Ratio: 10.81
  • P/E Growth: -1.72
  • Market Cap: $2.13B
  • Outstanding Shares: 42,161,000
  • Beta: 1.07
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%
Additional Links:
Companies Related to Nelnet:

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 (5.92% downside)

Analysts' Ratings History for Nelnet (NYSE:NNI)
Show:
DateFirmActionRatingPrice TargetDetails
1/31/2017Credit Suisse GroupDowngradeOutperform -> NeutralView Rating Details
8/8/2016Compass PointLower Price TargetBuy$50.00 -> $47.00View Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for Nelnet (NYSE:NNI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/27/2017Q416$1.13$181.28 millionN/AView Earnings Details
11/9/2016Q3$1.13$1.36$183.39 millionViewN/AView Earnings Details
8/4/2016Q2$1.28$1.13$193.85 millionViewN/AView Earnings Details
5/5/2016Q116$1.41$1.43$218.81 millionViewN/AView Earnings Details
2/25/2016Q415$1.31$1.31$215.92 millionViewN/AView Earnings Details
11/5/2015Q315$1.47$1.43$229.88 millionViewN/AView Earnings Details
8/6/2015Q215$1.38$1.35$221.04 millionViewN/AView Earnings Details
5/7/2015Q115$1.51$1.37$201.60 millionViewN/AView Earnings Details
2/26/2015Q414$1.48$1.60$206.61 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 millionViewN/AView Earnings Details
5/8/2014Q114$1.48$1.56$226.94 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: $5.04 EPS
Next Year EPS Consensus Estimate: $4.67 EPS

Dividends

Current Dividend Information for Nelnet (NYSE:NNI)
Annual Dividend:$0.56
Dividend Yield:1.11%
Dividend Growth:7.70% (3 Year Average)
Payout Ratio:10.07% (Based on Trailing 12 Months of Earnings)
11.11% (Based on Current Year Consensus EPS Estimate)
11.99% (Based on Next Year Consensus EPS Estimate)

Dividend History for Nelnet (NYSE:NNI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 History for Nelnet (NYSE:NNI)
Insider Ownership Percentage: 45.40%
Institutional Ownership Percentage: 41.40%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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

Latest Headlines for Nelnet (NYSE:NNI)
DateHeadline
4-traders.com logoVisa Inc : Post Earnings Coverage as Visa Reported Robust Results: Revenue Surged 25%, Adjusted EPS Soared 23% (NYSE:NNI)
www.4-traders.com - February 16 at 11:26 PM
finance.yahoo.com logoPost Earnings Coverage as Visa Reported Robust Results: Revenue Surged 25%, Adjusted EPS Soared 23% (NYSE:NNI)
finance.yahoo.com - February 16 at 6:24 PM
capitalcube.com logoNelnet, Inc. breached its 50 day moving average in a Bullish Manner : NNI-US : February 14, 2017 (NYSE:NNI)
www.capitalcube.com - February 14 at 9:44 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 (NYSE:NNI)
finance.yahoo.com - February 6 at 9:33 AM
finance.yahoo.com logoNelnet Board Approves Dividend (NYSE:NNI)
finance.yahoo.com - February 3 at 7:39 PM
moodys.com logoMoody's upgrades three tranches in Nelnet Education Loan Funding, Inc. (2004 Indenture) (NYSE:NNI)
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 (NYSE:NNI)
finance.yahoo.com - January 31 at 12:32 AM
capitalcube.com logoNelnet, Inc. : NNI-US: Dividend Analysis : December 01st, 2016 (record date) : By the numbers : January 25, 2017 (NYSE:NNI)
www.capitalcube.com - January 25 at 9:09 PM
finance.yahoo.com logoNelnet, Inc. Announces Cash Tender Offer and Consent Solicitation for 7.400% Fixed-to-Floating Rate Capital Efficient Notes (NYSE:NNI)
finance.yahoo.com - January 23 at 7:11 PM
capitalcube.com logoNelnet, Inc. breached its 50 day moving average in a Bearish Manner : NNI-US : January 18, 2017 (NYSE:NNI)
www.capitalcube.com - January 18 at 7:27 PM
finance.yahoo.com logoNelnet to Announce Fourth Quarter and Year-End Results on Feb. 27 (NYSE:NNI)
finance.yahoo.com - January 12 at 7:29 PM
capitalcube.com logoETFs with exposure to Nelnet, Inc. : January 9, 2017 (NYSE:NNI)
www.capitalcube.com - January 9 at 7:33 PM
moodys.com logoMoody's takes action on two tranches from Nelnet Student Loan Trust 2014-2 (NYSE:NNI)
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 (NYSE:NNI)
biz.yahoo.com - December 14 at 7:32 PM
capitalcube.com logoETFs with exposure to Nelnet, Inc. : December 13, 2016 (NYSE:NNI)
www.capitalcube.com - December 13 at 7:15 PM
kcregister.com logoThe Cooper Companies, Inc. (NYSE:COO) Q4 revenue increased 14% y-o-y to $518.7 million (NYSE:NNI)
www.kcregister.com - December 9 at 3:18 PM
capitalcube.com logoETFs with exposure to Nelnet, Inc. : December 2, 2016 (NYSE:NNI)
www.capitalcube.com - December 2 at 6:32 PM
insidermonkey.com logoHow HMS Holdings Corp (HMSY) Stacks Up Against Its Peers (NYSE:NNI)
www.insidermonkey.com - November 29 at 2:33 PM
finance.yahoo.com logoNELNET INC Financials (NYSE:NNI)
finance.yahoo.com - November 17 at 6:08 PM
capitalcube.com logoNelnet, Inc. :NNI-US: Earnings Analysis: Q3, 2016 By the Numbers : November 16, 2016 (NYSE:NNI)
www.capitalcube.com - November 16 at 6:47 PM
finance.yahoo.com logoNelnet downgraded by Credit Suisse (NYSE:NNI)
finance.yahoo.com - November 14 at 6:46 PM
mysmartrend.com logoNelnet Up 24.2% Since SmarTrend Uptrend Call (NNI) (NYSE:NNI)
www.mysmartrend.com - November 12 at 9:00 AM
News IconInsider Watch Reporter: William Munn, an Insider in Nelnet, Inc. (NYSE:NNI), Sold 1000 shares of the Company (NYSE:NNI)
www.whatsonthorold.com - November 10 at 9:31 AM
sg.finance.yahoo.com logoNelnet posts 3Q profit of $84.3 million (NYSE:NNI)
sg.finance.yahoo.com - November 10 at 9:31 AM
finance.yahoo.com logoNelnet Reports Third Quarter 2016 Results (NYSE:NNI)
finance.yahoo.com - November 9 at 6:22 PM
sg.finance.yahoo.com logoNelnet posts 3Q profit (NYSE:NNI)
sg.finance.yahoo.com - November 9 at 6:22 PM
streetinsider.com logoNelnet (NNI) Announces Rescheduling of Q3 Report; Cites Accounting Issue (NYSE:NNI)
www.streetinsider.com - November 4 at 5:57 PM
publicnow.com logoNelnet Reschedules Release of Third Quarter Results (NYSE:NNI)
www.publicnow.com - November 3 at 6:32 PM
biz.yahoo.com logoQ3 2016 Nelnet Inc Earnings Release - After Market Close (NYSE:NNI)
biz.yahoo.com - November 3 at 10:26 AM
capitalcube.com logoNelnet, Inc. breached its 50 day moving average in a Bearish Manner : NNI-US : November 3, 2016 (NYSE:NNI)
www.capitalcube.com - November 3 at 10:25 AM
capitalcube.com logoNelnet, Inc. : NNI-US: Dividend Analysis : September 01st, 2016 (record date) : By the numbers : October 19, 2016 (NYSE:NNI)
www.capitalcube.com - October 19 at 6:45 PM
markets.financialcontent.com logoClean Sweep: Nelnet Extends Maturities on 9 of 9 FFELP ABS Trusts Using DealVector's Consent Solicitation Service (NYSE:NNI)
markets.financialcontent.com - September 17 at 10:52 AM
4-traders.com logoNelnet : Extends Legal Final Maturity Dates of Nine Student Loan ABS Trusts (NYSE:NNI)
www.4-traders.com - September 14 at 10:43 AM
fidaily.com logoShares Trading down at $37.16 Nelnet Extends Legal Final Maturity… (NYSE:NNI)
www.fidaily.com - September 14 at 10:43 AM
publicnow.com logoNelnet Extends Legal Final Maturity Dates of Nine Student Loan ABS Trusts (NYSE:NNI)
www.publicnow.com - September 14 at 10:43 AM
capitalcube.com logoETF’s with exposure to Nelnet, Inc. : September 14, 2016 (NYSE:NNI)
www.capitalcube.com - September 14 at 10:43 AM
moodys.com logoMoody's takes rating actions on 12 of Nelnet's FFELP securitizations (NYSE:NNI)
www.moodys.com - September 12 at 6:07 PM
News IconInstitutional Investors Have Decreased Positions in Nelnet, Inc. (NYSE:NNI) (NYSE:NNI)
www.nationaldailypress.com - September 9 at 11:06 AM
capitalcube.com logoNelnet, Inc. breached its 50 day moving average in a Bullish Manner : NNI-US : September 8, 2016 (NYSE:NNI)
www.capitalcube.com - September 8 at 10:15 AM
nasdaq.com logoEx-Dividend Reminder: Nelnet, Pennsylvania REIT and Trustmark (NYSE:NNI)
www.nasdaq.com - August 26 at 6:13 PM
moodys.com logoMoody's takes rating actions on 19 Nelnet's FFELP student loan securitizations (NYSE:NNI)
www.moodys.com - August 18 at 6:36 PM
capitalcube.com logoETF’s with exposure to Nelnet, Inc. : August 9, 2016 (NYSE:NNI)
www.capitalcube.com - August 9 at 6:44 PM
capitalcube.com logoNelnet, Inc. breached its 50 day moving average in a Bearish Manner : NNI-US : August 8, 2016 (NYSE:NNI)
www.capitalcube.com - August 8 at 11:09 AM
sg.finance.yahoo.com logoNelnet posts 2Q profit (NYSE:NNI)
sg.finance.yahoo.com - August 5 at 9:34 AM
publicnow.com logoNelnet Reports Second Quarter 2016 Results (NYSE:NNI)
www.publicnow.com - August 4 at 6:53 PM
biz.yahoo.com logoQ2 2016 Nelnet Inc Earnings Release - After Market Close (NYSE:NNI)
biz.yahoo.com - August 4 at 9:39 AM
bloomberg.com logoThe Debt Man Only Rings Thrice in Student-Loan Robocall Plan (NYSE:NNI)
www.bloomberg.com - July 22 at 5:00 AM
publicnow.com logoNelnet to Announce Second Quarter Results (NYSE:NNI)
www.publicnow.com - July 15 at 1:49 PM
capitalcube.com logoNelnet, Inc. breached its 50 day moving average in a Bullish Manner : NNI-US : July 11, 2016 (NYSE:NNI)
www.capitalcube.com - July 11 at 9:48 AM
biz.yahoo.com logoNELNET INC Files SEC form 8-K, Other Events (NYSE:NNI)
biz.yahoo.com - June 30 at 11:11 AM

Social

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 Monday, February 6th. Stockholders of record on Wednesday, March 1st will be given a dividend of $0.14 per share on Wednesday, March 15th. This represents a $0.56 annualized dividend and a dividend yield of 1.11%. The ex-dividend date of this dividend is Monday, February 27th.

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

2 equities research analysts have issued 1 year target prices 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 year.

When will Nelnet announce their earnings?

Nelnet is scheduled to release their next quarterly earnings announcement on Monday, February, 27th 2017.

Who owns Nelnet stock?

Nelnet's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (5.14%), Genovese Burford & Brothers Wealth & Retirement Plan Management LLC (2.85%), State Street Corp (0.93%), Renaissance Technologies LLC (0.85%), Thompson Siegel & Walmsley LLC (0.60%) and Numeric Investors LLC (0.50%).

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 Thompson Siegel & Walmsley LLC, AQR Capital Management LLC, Allianz Asset Management AG, Zebra Capital Management LLC, Metropolitan Life Insurance Co. NY, Systematic Financial Management LP, Royce & Associates LP and Putnam Investments LLC.

Who bought Nelnet stock? Who is buying Nelnet stock?

Nelnet's stock was purchased by a variety of institutional investors in the last quarter, including Genovese Burford & Brothers Wealth & Retirement Plan Management LLC, Russell Investments Group Ltd., Numeric Investors LLC, Dimensional Fund Advisors LP, FMR LLC, Bogle Investment Management L P DE, State Street Corp and Renaissance Technologies LLC.

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 $50.49.

Nelnet (NYSE:NNI) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Nelnet (NYSE:NNI)

Earnings History Chart

Earnings by Quarter for Nelnet (NYSE:NNI)

Dividend History Chart

Dividend Payments by Quarter for Nelnet (NYSE:NNI)

Last Updated on 2/24/2017 by MarketBeat.com Staff