Nelnet Stock Forecast, Price & News

-0.29 (-0.39 %)
(As of 08/2/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume50,601 shs
Average Volume64,390 shs
Market Capitalization$2.89 billion
P/E Ratio5.61
Dividend Yield1.17%
30 days | 90 days | 365 days | Advanced Chart
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About Nelnet

Nelnet, Inc. engages in the provision of education-related products and services, as well as loan asset management. It operates through the business following segments: Loan Systems & Servicing, Education Technology, Services and Payment Processing, Communications, and Asset Generation and Management. The System & Servicing segment specializes in student loan portfolio and the portfolios of third parties such as loan conversion activities, application processing, borrower updates, customer service, payment processing, due diligence procedures, funds management reconciliations, and claim processing. The Education Technology, Services and Payment Processing segment provides products and services to help students and families manage the payment of education costs at all levels, as well as school information system software for private and faith-based schools that help schools automate administrative processes such as admissions, scheduling, student billing, attendance, and grade book management. The Communications segment is the operation of Allo Communications LLC which provides pure optic service to homes and businesses for internet, broadband, television, and telephone services. Th


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Industry, Sector and Symbol

Sales & Book Value






Overall MarketRank

2.32 out of 5 stars

Finance Sector

401st out of 2,048 stocks

Personal Credit Institutions Industry

8th out of 16 stocks

Analyst Opinion: 1.5Community Rank: 4.7Dividend Strength: 1.7Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -
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Nelnet (NYSE:NNI) Frequently Asked Questions

Is Nelnet a buy right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nelnet in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Nelnet stock.
View analyst ratings for Nelnet
or view top-rated stocks.

What stocks does MarketBeat like better than Nelnet?

Wall Street analysts have given Nelnet a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Nelnet wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Nelnet?

Nelnet saw a decline in short interest in July. As of July 15th, there was short interest totaling 158,900 shares, a decline of 12.5% from the June 30th total of 181,700 shares. Based on an average daily volume of 67,500 shares, the days-to-cover ratio is currently 2.4 days. Currently, 0.9% of the shares of the company are short sold.
View Nelnet's Short Interest

When is Nelnet's next earnings date?

Nelnet is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Nelnet

How were Nelnet's earnings last quarter?

Nelnet, Inc. (NYSE:NNI) released its quarterly earnings results on Monday, May, 10th. The credit services provider reported $2.44 earnings per share for the quarter, beating analysts' consensus estimates of $1.79 by $0.65. The credit services provider had revenue of $340.44 million for the quarter, compared to the consensus estimate of $298.23 million. Nelnet had a net margin of 30.06% and a trailing twelve-month return on equity of 19.48%. During the same quarter in the previous year, the business earned ($0.62) EPS.
View Nelnet's earnings history

How has Nelnet's stock been impacted by COVID-19?

Nelnet's stock was trading at $47.84 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, NNI shares have increased by 56.8% and is now trading at $75.01.
View which stocks have been most impacted by COVID-19

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

Nelnet declared a quarterly dividend on Tuesday, May 11th. Stockholders of record on Monday, May 31st will be given a dividend of $0.22 per share on Monday, June 14th. This represents a $0.88 annualized dividend and a dividend yield of 1.17%. The ex-dividend date is Thursday, May 27th.
View Nelnet's dividend history

Is Nelnet a good dividend stock?

Nelnet pays an annual dividend of $0.88 per share and currently has a dividend yield of 1.17%.
View Nelnet's dividend history.

What price target have analysts set for NNI?

1 analysts have issued 12 month price objectives for Nelnet's stock. Their forecasts range from $75.00 to $75.00. On average, they anticipate Nelnet's share price to reach $75.00 in the next twelve months. This suggests that the stock has a possible downside of 0.0%.
View analysts' price targets for Nelnet
or view top-rated stocks among Wall Street analysts.

Who are Nelnet's key executives?

Nelnet's management team includes the following people:
  • Jeffrey R. Noordhoek, Chief Executive Officer
  • Timothy A. Tewes, President
  • Terry J. Heimes, Chief Operating Officer
  • Jim Kruger Kruger, Chief Financial Officer
  • Phil Morgan, Director-Investor Relations

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.

Who are some of Nelnet's key competitors?

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 investors include Magnolia Group LLC (4.71%), Alliancebernstein L.P. (0.18%), New York State Common Retirement Fund (0.08%), Livforsakringsbolaget Skandia Omsesidigt (0.07%), Arizona State Retirement System (0.01%) and Zurcher Kantonalbank Zurich Cantonalbank (0.00%). Company insiders that own Nelnet stock include Michael S Dunlap, Shelby J Butterfield and William J Munn.
View institutional ownership trends for Nelnet

Which major investors are selling Nelnet stock?

NNI stock was sold by a variety of institutional investors in the last quarter, including New York State Common Retirement Fund, Advisor Group Holdings Inc., Zurcher Kantonalbank Zurich Cantonalbank , and Arizona State Retirement System. Company insiders that have sold Nelnet company stock in the last year include Shelby J Butterfield, and William J Munn.
View insider buying and selling activity for Nelnet
or view top insider-selling stocks.

Which major investors are buying Nelnet stock?

NNI stock was acquired by a variety of institutional investors in the last quarter, including Magnolia Group LLC, Livforsakringsbolaget Skandia Omsesidigt, and Alliancebernstein L.P..
View insider buying and selling activity for Nelnet
or or view top insider-buying stocks.

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 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 $75.01.

How much money does Nelnet make?

Nelnet has a market capitalization of $2.89 billion and generates $1.73 billion in revenue each year.

How many employees does Nelnet have?

Nelnet employs 6,199 workers across the globe.

What is Nelnet's official website?

The official website for Nelnet is www.nelnet.com.

Where are Nelnet's headquarters?

Nelnet is headquartered at 121 SOUTH 13TH STREET SUITE 100, LINCOLN NE, 68508.

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]

This page was last updated on 8/2/2021 by MarketBeat.com Staff
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