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Nelnet Stock Forecast, Price & News

+0.49 (+0.75 %)
(As of 10/23/2020 12:00 AM ET)
Today's Range
Now: $66.20
50-Day Range
MA: $64.15
52-Week Range
Now: $66.20
Volume45,387 shs
Average Volume109,391 shs
Market Capitalization$2.54 billion
P/E Ratio21.42
Dividend Yield1.22%
Nelnet, Inc. engages in loan servicing, communications, and education technology, services, and payment processing businesses worldwide. The company's Loan Servicing and Systems is involved in loan servicing activities, such as loan conversion, application processing, borrower updates, customer service, payment processing, due diligence procedures, funds management reconciliation, and claim processing activities for student loan portfolio and third-party clients. This segment also provides student loan servicing software; business process outsourcing services specialized in contact center management, such as inbound calls, outreach campaigns and sales, and interacting with customers through multi-channels. The Education Technology, Services, and Payment Processing segment offers financial management services; assistance with financial needs assessment; school information system software that automates administrative processes; professional development and educational instruction services; and technology products that aid in teacher and student evaluations. It also offers technology and payments services, including electronic transfer and credit card processing, reporting, billing and invoicing, mobile and virtual terminal solutions, and specialized integrations to business software; and mobile first technology focused on increasing engagement, online giving, and communication for church and not-for-profit customers. Its Communications segment fiber optic service to homes and businesses for internet, television, and telephone services. Its data services include high-speed internet access; telephone services comprise local and long distance telephone service, hostedPBX services, and other services. Its Asset Generation and Management segment acquires, manages, and owns loan assets. It also provides investment advisory services. The company was founded in 1978 and is headquartered in Lincoln, Nebraska.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.0Community Rank: 2.7Dividend Strength: 0.8Insider Behavior: 2.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.31 out of 5 stars

Industry, Sector and Symbol

Industry Personal credit institutions
Sub-IndustryConsumer Finance



Sales & Book Value

Annual Sales$1.78 billion
Cash Flow$9.78 per share
Book Value$60.19 per share


Net Income$141.80 million


Market Cap$2.54 billion
Next Earnings Date11/5/2020 (Confirmed)
+0.49 (+0.75 %)
(As of 10/23/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Nelnet (NYSE:NNI) Frequently Asked Questions

How has Nelnet's stock price 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 (WHO). Since then, NNI stock has increased by 38.4% and is now trading at $66.20.
View which stocks have been most impacted by COVID-19

Do Wall Street analysts recommend investors buy shares of Nelnet?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nelnet in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Nelnet

When is Nelnet's next earnings date?

Nelnet is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020.
View our earnings forecast for Nelnet

How were Nelnet's earnings last quarter?

Nelnet, Inc. (NYSE:NNI) released its quarterly earnings data on Thursday, August, 6th. The credit services provider reported $2.28 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $2.42 by $0.14. The credit services provider had revenue of $317.68 million for the quarter, compared to the consensus estimate of $331.24 million. Nelnet had a return on equity of 6.23% and a net margin of 7.25%. During the same period last year, the company posted $1.32 EPS.
View Nelnet's earnings history

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

Nelnet declared a quarterly dividend on Thursday, August 6th. Shareholders of record on Tuesday, September 1st will be given a dividend of $0.20 per share on Tuesday, September 15th. This represents a $0.80 annualized dividend and a yield of 1.21%. The ex-dividend date of this dividend is Monday, August 31st.
View Nelnet's dividend history

What price target have analysts set for NNI?

1 equities research analysts have issued 12 month price targets for Nelnet's shares. Their forecasts range from $52.00 to $52.00. On average, they expect Nelnet's share price to reach $52.00 in the next year. This suggests that the stock has a possible downside of 21.5%.
View analysts' price targets for Nelnet

Are investors shorting Nelnet?

Nelnet saw a decline in short interest during the month of September. As of September 30th, there was short interest totaling 166,900 shares, a decline of 30.4% from the September 15th total of 239,700 shares. Based on an average daily volume of 89,800 shares, the days-to-cover ratio is presently 1.9 days. Currently, 1.0% of the shares of the company are sold short.
View Nelnet's Short Interest

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).

Who are Nelnet's key executives?

Nelnet's management team includes the following people:
  • Mr. Michael Sullivan Dunlap, Exec. Chairman (Age 56, Pay $1.2M)
  • Mr. Jeffrey R. Noordhoek, Chief Exec. Officer (Age 54, Pay $1.67M)
  • Mr. Timothy Alan Tewes, Pres (Age 61, Pay $1.48M)
  • Mr. James D. Kruger, Chief Financial Officer (Age 57, Pay $1.45M)
  • Mr. Terry J. Heimes, Chief Operating Officer (Age 56, Pay $1.67M)

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 a number of retail and institutional investors. Top institutional investors include Farmers & Merchants Investments Inc. (3.97%), Ennismore Fund Management Ltd (0.31%), Denali Advisors LLC (0.13%), James Investment Research Inc. (0.05%) and Price Wealth LLC (0.00%). Company insiders that own Nelnet stock include Angie Muhleisen, 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 James Investment Research Inc., Ennismore Fund Management Ltd, Denali Advisors LLC, and Farmers & Merchants Investments Inc.. 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

Which major investors are buying Nelnet stock?

NNI stock was acquired by a variety of institutional investors in the last quarter, including Price Wealth LLC.
View insider buying and selling activity for Nelnet

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Nelnet's stock price today?

One share of NNI stock can currently be purchased for approximately $66.20.

How big of a company is Nelnet?

Nelnet has a market capitalization of $2.54 billion and generates $1.78 billion in revenue each year. Nelnet employs 6,600 workers across the globe.

What is Nelnet's official website?

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

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 10/25/2020 by MarketBeat.com Staff

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