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: Business Support Services
  • Sub-Industry: Consumer Finance
  • Symbol: NYSE:NNI
  • CUSIP: 64031N10
  • Web: www.nelnet.net
Capitalization:
  • Market Cap: $1.49 billion
  • Outstanding Shares: 30,063,000
Average Prices:
  • 50 Day Moving Avg: $47.31
  • 200 Day Moving Avg: $45.15
  • 52 Week Range: $37.86 - $55.01
P/E:
  • Trailing P/E Ratio: 8.02
  • Foreward P/E Ratio: 11.24
  • P/E Growth: -1.82
Sales & Book Value:
  • Annual Revenue: $861.56 million
  • Price / Sales: 1.73
  • Book Value: $50.54 per share
  • Price / Book: 0.98
Dividend:
  • Annual Dividend: $0.56
  • Dividend Yield: 1.2%
Profitability:
  • Net Margins: 20.19%
  • Return on Equity: 9.65%
  • Return on Assets: 0.75%
Debt:
  • Debt-to-Equity Ratio: 10.70%
  • Current Ratio: 135.54%
  • Quick Ratio: 9.42%
Misc:
  • Average Volume: 89,816 shs.
  • Beta: 0.98
  • Short Ratio: 2.76
 

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 announced a quarterly dividend on Tuesday, August 8th. Investors of record on Friday, September 1st will be given a dividend of $0.14 per share on Friday, September 15th. This represents a $0.56 annualized dividend and a yield of 1.13%. The ex-dividend date of this dividend is Wednesday, August 30th. View Nelnet's Dividend History.

How were Nelnet's earnings last quarter?

Nelnet, Inc. (NYSE:NNI) issued its earnings results on Monday, August, 7th. The company reported $1.08 earnings per share for the quarter, meeting the consensus estimate of $1.08. The firm had revenue of $161.70 million for the quarter, compared to the consensus estimate of $182.02 million. Nelnet had a return on equity of 9.65% and a net margin of 20.19%. During the same quarter in the prior year, the company earned $1.13 earnings per share. View Nelnet's Earnings History.

When will Nelnet make its next earnings announcement?

Nelnet is scheduled to release their next quarterly earnings announcement on Tuesday, November, 7th 2017. View Earnings Estimates for Nelnet.

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

2 analysts have issued 1 year price objectives for Nelnet's stock. Their predictions range from $48.00 to $52.00. On average, they expect Nelnet's stock price to reach $50.00 in the next year. View Analyst Ratings for Nelnet.

Who are some of Nelnet's key competitors?

Who are Nelnet's key executives?

Nelnet's management team includes the folowing people:

  • Michael S. Dunlap, Executive Chairman of the Board
  • Timothy A. Tewes, President
  • Jeffrey R. Noordhoek, Chief Executive Officer
  • Stephen F. Butterfield, Independent Vice Chairman of the Board
  • James D. Kruger, Chief Financial Officer
  • Terry J. Heimes, Chief Operating Officer
  • William J. Munn, Corporate Secretary, General Counsel, Chief Governance Officer
  • Thomas Edward Henning, Lead Independent Director
  • James P. Abel, Independent Director
  • William Robert Cintani, Independent Director

Who owns Nelnet stock?

Nelnet's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (7.49%), Vanguard Group Inc. (6.79%), Farmers & Merchants Investments Inc. (5.95%), Northern Trust Corp (3.43%), Boston Partners (3.40%) and LSV Asset Management (3.29%). Company insiders that own Nelnet stock include Angie Muhleisen and William J Munn. 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 Arrowstreet Capital Limited Partnership, Renaissance Technologies LLC, Russell Investments Group Ltd., TIAA CREF Investment Management LLC, Spark Investment Management LLC, Royal Bank of Canada, Schwab Charles Investment Management Inc. and Ameriprise Financial Inc.. Company insiders that have sold Nelnet stock in the last year include Angie Muhleisen and William J Munn. 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 Vanguard Group Inc., Dimensional Fund Advisors LP, Thompson Siegel & Walmsley LLC, Boston Partners, General American Investors Co. Inc., Bank of New York Mellon Corp, State Street Corp and Royce & Associates LP. 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.

What is Nelnet's stock price today?

One share of Nelnet stock can currently be purchased for approximately $49.45.


MarketBeat Community Rating for Nelnet (NYSE NNI)
Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  104 (Vote Outperform)
Underperform Votes:  55 (Vote Underperform)
Total Votes:  159
MarketBeat's community ratings are surveys of what our community members think about Nelnet and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Nelnet (NYSE:NNI) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $50.00 (1.11% upside)

Analysts' Ratings History for Nelnet (NYSE:NNI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/9/2017Compass PointDowngradeBuy -> Neutral$52.00HighView Rating Details
1/31/2017Credit Suisse GroupDowngradeOutperform -> NeutralN/AView Rating Details
(Data available from 9/24/2015 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
11/7/2017$1.11N/AView Earnings Details
8/7/2017Q2 2017$1.08$1.08$182.02 million$161.70 millionViewN/AView Earnings Details
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: $4.50 EPS
Next Year EPS Consensus Estimate: $4.40 EPS

Dividends

Current Dividend Information for Nelnet (NYSE:NNI)
Most Recent Dividend:9/15/2017
Annual Dividend:$0.56
Dividend Yield:1.13%
Dividend Growth:7.70% (3 Year Average)
Payout Ratio:9.09% (Trailing 12 Months of Earnings)
12.44% (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
8/8/2017quarterly$0.141.16%8/30/20179/1/20179/15/2017
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: 40.86%
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
9/19/2017Angie MuhleisenMajor ShareholderSell2,000$48.38$96,760.00View SEC Filing  
8/18/2017Angie MuhleisenMajor ShareholderSell2,000$45.34$90,680.00View SEC Filing  
7/17/2017Angie MuhleisenMajor ShareholderSell2,000$47.57$95,140.00View SEC Filing  
6/15/2017Angie MuhleisenMajor ShareholderSell2,000$45.00$90,000.00View SEC Filing  
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
finance.yahoo.com logoETFs with exposure to Nelnet, Inc. : September 22, 2017
finance.yahoo.com - September 23 at 8:46 AM
finance.yahoo.com logoNelnet, Inc. : NNI-US: Dividend Analysis : September 01st, 2017 (record date) : By the numbers : September 22, 2017
finance.yahoo.com - September 23 at 8:46 AM
finance.yahoo.com logoNelnet, Inc. :NNI-US: Earnings Analysis: Q2, 2017 By the Numbers : September 21, 2017
finance.yahoo.com - September 22 at 9:15 AM
americanbankingnews.com logoAngie Muhleisen Sells 2,000 Shares of Nelnet, Inc. (NNI) Stock
www.americanbankingnews.com - September 19 at 8:08 PM
finance.yahoo.com logoNelnet, Inc. breached its 50 day moving average in a Bullish Manner : NNI-US : September 12, 2017
finance.yahoo.com - September 13 at 7:10 AM
finance.yahoo.com logoNelnet, Inc. breached its 50 day moving average in a Bullish Manner : NNI-US : September 1, 2017
finance.yahoo.com - September 2 at 6:48 AM
americanbankingnews.com logoComparing Nelnet (NNI) & Huron Consulting Group (HURN)
www.americanbankingnews.com - August 30 at 8:34 AM
americanbankingnews.com logoNelnet, Inc. (NNI) Major Shareholder Sells $90,680.00 in Stock
www.americanbankingnews.com - August 22 at 7:56 PM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Nelnet Inc.
finance.yahoo.com - August 13 at 7:34 PM
finance.yahoo.com logoNelnet, Inc. breached its 50 day moving average in a Bearish Manner : NNI-US : August 10, 2017
finance.yahoo.com - August 11 at 6:58 AM
americanbankingnews.com logoNelnet, Inc. (NNI) Announces $0.14 Quarterly Dividend
www.americanbankingnews.com - August 8 at 5:24 PM
finance.yahoo.com logoNelnet Reports Second Quarter 2017 Results
finance.yahoo.com - August 7 at 11:56 PM
americanbankingnews.com logoNelnet, Inc. (NNI) Posts Earnings Results, Hits Expectations
www.americanbankingnews.com - August 7 at 9:16 PM
finance.yahoo.com logoNelnet Student Loan Trust 2017-2 -- Moody's assigns definitive ratings to Nelnet Student Loan Trust 2017-2
finance.yahoo.com - July 27 at 4:56 AM
finance.yahoo.com logoNelnet Student Loan Trust 2017-2 -- Moody's assigns provisional ratings to Nelnet Student Loan Trust 2017-2
finance.yahoo.com - July 25 at 6:09 AM
americanbankingnews.com logoInsider Selling: Nelnet, Inc. (NYSE:NNI) Major Shareholder Sells 2,000 Shares of Stock
www.americanbankingnews.com - July 18 at 7:53 PM
finance.yahoo.com logoNelnet to Announce Second Quarter Results on August 7
finance.yahoo.com - July 15 at 6:54 AM
finance.yahoo.com logoETFs with exposure to Nelnet, Inc. : July 3, 2017
finance.yahoo.com - July 4 at 1:15 AM
americanbankingnews.com logoNelnet, Inc. (NNI) Upgraded by BidaskClub to "Buy"
www.americanbankingnews.com - June 27 at 10:52 PM
finance.yahoo.com logoETFs with exposure to Nelnet, Inc. : June 13, 2017
finance.yahoo.com - June 13 at 6:58 PM
finance.yahoo.com logoNelnet, Inc. :NNI-US: Earnings Analysis: Q1, 2017 By the Numbers : June 12, 2017
finance.yahoo.com - June 12 at 4:13 PM
americanbankingnews.com logoBidAskClub Upgrades Nelnet, Inc. (NNI) to Hold
www.americanbankingnews.com - June 10 at 8:06 AM
finance.yahoo.com logoNelnet, Inc. breached its 50 day moving average in a Bullish Manner : NNI-US : June 9, 2017
finance.yahoo.com - June 9 at 7:04 PM
finance.yahoo.com logoNelnet, Inc. : NNI-US: Dividend Analysis : June 01st, 2017 (record date) : By the numbers : May 31, 2017
finance.yahoo.com - May 31 at 7:11 PM
finance.yahoo.com logoNelnet Student Loan Trust 2017-1 -- Moody's assigns definitive ratings to Nelnet Student Loan Trust 2017-1
finance.yahoo.com - May 24 at 6:58 PM
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

Social

Chart

Nelnet (NNI) Chart for Sunday, September, 24, 2017

This page was last updated on 9/24/2017 by MarketBeat.com Staff