Nelnet Stock Forecast, Price & News

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

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.

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.
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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.

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

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

Some companies that are related to Nelnet include American Express (AXP), Capital One Financial (COF), Discover Financial Services (DFS), Credit Acceptance (CACC), SLM (SLM), Green Dot (GDOT), PRA Group (PRAA), Encore Capital Group (ECPG), World Acceptance (WRLD), Regional Management (RM), EZCORP (EZPW) and Nicholas Financial (NICK).
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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).

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

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.

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.

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.

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.
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One share of NNI stock can currently be purchased for approximately $75.01.

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

Nelnet employs 6,199 workers across the globe.

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

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

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]