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Top-Rated AMD nears major breakout level
Clear Buy, Sell, or Hold Recommendation on any Stock, FREE (Ad)
AI powerhouse NVIDIA will hit $1000 soon
Roku stock and the mother of all entry opportunities
Clear Buy, Sell, or Hold Recommendation on any Stock, FREE (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
The perfect AI stock under $10 (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
Clear Buy, Sell, or Hold Recommendation on any Stock, FREE (Ad)
AI powerhouse NVIDIA will hit $1000 soon
Roku stock and the mother of all entry opportunities
Clear Buy, Sell, or Hold Recommendation on any Stock, FREE (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
The perfect AI stock under $10 (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
Clear Buy, Sell, or Hold Recommendation on any Stock, FREE (Ad)
AI powerhouse NVIDIA will hit $1000 soon
Roku stock and the mother of all entry opportunities
Clear Buy, Sell, or Hold Recommendation on any Stock, FREE (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
The perfect AI stock under $10 (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
NYSE:NNI

Nelnet (NNI) Stock Price, News & Analysis

$89.62
+0.55 (+0.62%)
(As of 02/22/2024 ET)
Today's Range
$88.49
$89.71
50-Day Range
$82.91
$91.86
52-Week Range
$81.67
$101.60
Volume
68,462 shs
Average Volume
81,341 shs
Market Capitalization
$3.34 billion
P/E Ratio
25.61
Dividend Yield
1.25%
Price Target
$95.00

Nelnet MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
6.0% Upside
$95.00 Price Target
Short Interest
Healthy
1.28% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.11
Upright™ Environmental Score
News Sentiment
0.99mentions of Nelnet in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
26.15%
From $4.36 to $5.50 Per Share

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.

4.63 out of 5 stars

Finance Sector

122nd out of 823 stocks

Personal Credit Institutions Industry

6th out of 13 stocks


NNI stock logo

About Nelnet Stock (NYSE:NNI)

Nelnet, Inc. engages in loan servicing, communications, education technology, services, and payment processing businesses worldwide. Its 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. The company's Education Technology, Services, and Payment Processing 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. It 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. Its Communications segment provides fiber optic service to homes and businesses for internet, television, and telephone services. The Company's Asset Generation and Management segment acquires, manages, and owns loan assets. Its Nelnet Bank segment operates as an internet industrial bank. The company was founded in 1978 and is headquartered in Lincoln, Nebraska.

NNI Stock Price History

NNI Stock News Headlines

Nelnet (NNI) Scheduled to Post Quarterly Earnings on Tuesday
Nelnet Inc. Cl A
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Massive "Lightning Line" Rollout Underway Across America…
America's financial elite are engineering a sudden and surprising shift to the US money system. It's backed by the Treasury and Federal Reserve... and could trigger some very strange changes at your bank...
Nelnet: The Compounding Conglomerate
Nelnet Reports Third Quarter 2023 Results
Nelnet goes ex dividend tomorrow
GRNE Solar Rebrands as Nelnet Renewable Energy
Riley Permian Reports Second Quarter 2023 Results
Nelnet Reports Second Quarter 2023 Results
See More Headlines
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Company Calendar

Last Earnings
11/08/2021
Ex-Dividend for 12/15 Dividend
11/30/2023
Dividend Payable
12/15/2023
Today
2/22/2024
Next Earnings (Confirmed)
2/27/2024
Ex-Dividend for 3/15 Dividend
2/29/2024
Dividend Payable
3/15/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Personal credit institutions
Sub-Industry
Consumer Finance
CUSIP
64031N10
Employees
8,237
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$95.00
High Stock Price Target
$95.00
Low Stock Price Target
$95.00
Potential Upside/Downside
+6.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$407.35 million
Pretax Margin
6.95%

Debt

Sales & Book Value

Annual Sales
$1.99 billion
Cash Flow
$10.99 per share
Book Value
$86.18 per share

Miscellaneous

Free Float
18,550,000
Market Cap
$3.33 billion
Optionable
Optionable
Beta
0.86
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Key Executives

  • Mr. Michael Sullivan Dunlap (Age 61)
    Executive Chairman of the Board
    Comp: $1.25M
  • Mr. Jeffrey R. Noordhoek (Age 58)
    Chief Executive Officer
    Comp: $1.72M
  • Mr. Timothy Alan Tewes (Age 65)
    President
    Comp: $1.69M
  • Mr. James D. Kruger (Age 61)
    Chief Financial Officer
    Comp: $1.76M
  • Mr. Terry J. Heimes (Age 60)
    Chief Operating Officer
    Comp: $1.74M
  • Mr. Matthew W. Dunlap (Age 35)
    Chief Business Development Officer & Director
    Comp: $205.17k
  • 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

Should I buy or sell Nelnet stock right now?

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. The consensus among Wall Street analysts is that investors should "hold" NNI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NNI, but not buy additional shares or sell existing shares.
View NNI analyst ratings
or view top-rated stocks.

What is Nelnet's stock price target for 2024?

1 brokers have issued 1-year price targets for Nelnet's shares. Their NNI share price targets range from $95.00 to $95.00. On average, they expect the company's stock price to reach $95.00 in the next twelve months. This suggests a possible upside of 6.0% from the stock's current price.
View analysts price targets for NNI
or view top-rated stocks among Wall Street analysts.

How have NNI shares performed in 2024?

Nelnet's stock was trading at $88.22 at the beginning of 2024. Since then, NNI stock has increased by 1.6% and is now trading at $89.62.
View the best growth stocks for 2024 here
.

When is Nelnet's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024.
View our NNI earnings forecast
.

How were Nelnet's earnings last quarter?

Nelnet, Inc. (NYSE:NNI) announced its earnings results on Monday, November, 8th. The credit services provider reported $1.23 earnings per share for the quarter, missing analysts' consensus estimates of $1.68 by $0.45. The credit services provider earned $286.66 million during the quarter. Nelnet had a trailing twelve-month return on equity of 4.98% and a net margin of 6.18%.

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

Nelnet declared a quarterly dividend on Thursday, February 1st. Stockholders of record on Friday, March 1st will be given a dividend of $0.28 per share on Friday, March 15th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date of this dividend is Thursday, February 29th.
Read our dividend analysis for NNI
.

Is Nelnet a good dividend stock?

Nelnet (NYSE:NNI) pays an annual dividend of $1.12 per share and currently has a dividend yield of 1.26%. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 32.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NNI will have a dividend payout ratio of 20.36% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NNI.

What ETFs hold Nelnet's stock?
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.

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 major shareholders?

Nelnet's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (5.56%), Vanguard Group Inc. (3.51%), Farmers & Merchants Investments Inc. (3.19%), Northern Trust Corp (0.68%), Charles Schwab Investment Management Inc. (0.50%) and Bandera Partners LLC (0.32%). Insiders that own company stock include Deun Jona M Van, Shelby J Butterfield, Shelby J Butterfield and William J Munn.
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.

This page (NYSE:NNI) was last updated on 2/23/2024 by MarketBeat.com Staff