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NYSE:NNI

Nelnet (NNI) Stock Price, News & Analysis

$112.69
+0.37 (+0.33%)
(As of 07/26/2024 ET)
Today's Range
$112.17
$113.12
50-Day Range
$97.81
$112.69
52-Week Range
$81.67
$113.21
Volume
39,613 shs
Average Volume
87,827 shs
Market Capitalization
$4.10 billion
P/E Ratio
30.46
Dividend Yield
0.99%
Price Target
$96.00

Nelnet MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
14.8% Downside
$96.00 Price Target
Short Interest
Healthy
1.50% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.11
Upright™ Environmental Score
News Sentiment
-0.26mentions of Nelnet in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$172,941 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.53 out of 5 stars

Finance Sector

362nd out of 898 stocks

Personal Credit Institutions Industry

7th out of 14 stocks

NNI stock logo

About Nelnet Stock (NYSE:NNI)

Nelnet, Inc. engages in loan servicing, communications, education technology, services, and payment processing businesses worldwide. The Loan Servicing and Systems segment provides loan conversion, application processing, borrower updates, customer service, payment processing, due diligence procedures, funds management reconciliation, and claim processing services. This segment also offers 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, and processing and technology services. The Education Technology Services and Payments segment provides financial management services; school information system software; website design and cost-effective admissions software; FACTS Giving, a donation platform; and customized professional development and coaching services, educational instruction services, and technology products that aid in teacher and student evaluations. This segment also offers tuition payment plans, and service and technology for student billings, payments, and refunds; solutions for in-person, online, and mobile payment experiences on campus; payment processing services, such as credit card and electronic transfer; faith community, giving, and learning management services and technologies; and an integrated commerce payment platform, financial management, and tuition payment plan services, as well as a school management platform that provides administrative, information and financial management, and communication functions for K-12 schools. The Asset Generation and Management segment acquires, manages, and owns loan assets. The Nelnet Bank segment operates as an internet industrial bank. It also offers investment advisory, insurance, and reinsurance services, as well as engages in real estate investment business. The company was incorporated in 1977 and is headquartered in Lincoln, Nebraska.

NNI Stock Price History

NNI Stock News Headlines

Nelnet to Announce Second Quarter Results
Prepare for a Recession Unlike Any Other
Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.
Prepare for a Recession Unlike Any Other
Dave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.
Nelnet, Inc.: Nelnet Reports First Quarter 2024 Results
Nelnet earnings preview: what to expect
Nelnet Reports First Quarter 2024 Results
Nelnet to Announce First Quarter Results
Nelnet shifts focus to commercial solar market
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Ex-Dividend for 6/14 Dividend
5/31/2024
Dividend Payable
6/14/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Personal credit institutions
Sub-Industry
Consumer Finance
CUSIP
64031N10
Employees
7,550
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$96.00
High Stock Price Target
$96.00
Low Stock Price Target
$96.00
Potential Upside/Downside
-14.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$91.53 million
Pretax Margin
6.48%

Debt

Sales & Book Value

Annual Sales
$2.06 billion
Cash Flow
$7.31 per share
Book Value
$86.93 per share

Miscellaneous

Free Float
18,147,000
Market Cap
$4.08 billion
Optionable
Optionable
Beta
0.91
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Key Executives

  • Mr. Jeffrey R. Noordhoek (Age 58)
    Chief Executive Officer
    Comp: $1.39M
  • Mr. Timothy Alan Tewes (Age 65)
    President
    Comp: $1.37M
  • Mr. James D. Kruger (Age 61)
    Chief Financial Officer
    Comp: $1.35M
  • Mr. Terry J. Heimes (Age 60)
    Chief Operating Officer
    Comp: $1.38M
  • Mr. Matthew W. Dunlap (Age 35)
    Chief Business Development Officer, President of Nelnet Financial Services & Director
    Comp: $950.69k
  • Mr. Michael Sullivan Dunlap (Age 61)
    Executive Chairman of the Board
    Comp: $1.25M
  • Mr. Phil Morgan
    Investor Relations Contact
  • Mr. William J. MunnMr. William J. Munn (Age 56)
    Corporate Secretary, Chief Governance Officer & General Counsel
    Comp: $434.16k
  • Ms. Jackie Strohbehn
    President of Nelnet Campus Commerce

NNI Stock Analysis - Frequently Asked Questions

How have NNI shares performed this year?

Nelnet's stock was trading at $88.22 at the start of the year. Since then, NNI stock has increased by 27.7% and is now trading at $112.69.
View the best growth stocks for 2024 here
.

How were Nelnet's earnings last quarter?

Nelnet, Inc. (NYSE:NNI) released its quarterly earnings data on Thursday, May, 9th. The credit services provider reported $1.81 EPS for the quarter, topping analysts' consensus estimates of $1.37 by $0.44. The credit services provider had revenue of $579.96 million for the quarter. Nelnet had a trailing twelve-month return on equity of 4.17% and a net margin of 6.54%.

What is Mike Dunlap's approval rating as Nelnet's CEO?

187 employees have rated Nelnet Chief Executive Officer Mike Dunlap on Glassdoor.com. Mike Dunlap has an approval rating of 83% among the company's employees.

Who are Nelnet's major shareholders?

Top institutional shareholders of Nelnet include Bank of New York Mellon Corp (0.32%), Bar Harbor Wealth Management (0.29%), Legato Capital Management LLC (0.05%) and Harbor Capital Advisors Inc. (0.01%). Insiders that own company stock include Kathleen Anne Farrell, William J Munn, Deun Jona M Van and Shelby J Butterfield.
View institutional ownership trends
.

How do I buy shares of Nelnet?

Shares of NNI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Nelnet own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Nelnet investors own include Altria Group (MO), Exxon Mobil (XOM), Consolidated Edison (ED), Enbridge (ENB), Edwards Lifesciences (EW), International Business Machines (IBM) and MetLife (MET).

This page (NYSE:NNI) was last updated on 7/26/2024 by MarketBeat.com Staff

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