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Nelnet Stock Price, Forecast & Analysis (NYSE:NNI)

$62.20
+0.53 (+0.86 %)
(As of 11/13/2019 06:00 AM ET)
Today's Range
$61.39
Now: $62.20
$62.29
50-Day Range
$59.85
MA: $61.83
$66.71
52-Week Range
$47.59
Now: $62.20
$69.97
Volume91,165 shs
Average Volume66,309 shs
Market Capitalization$2.47 billion
P/E Ratio11.58
Dividend Yield1.17%
Beta0.36
Nelnet, Inc provides education related products and services, and loan asset management services 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. Read More…

Industry, Sector and Symbol

Industry Personal credit institutions
Sub-IndustryConsumer Finance
SectorFinance
CUSIP64031N10
Phone402-458-2370

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.76 billion
Cash Flow$10.35 per share
Book Value$57.50 per share

Profitability

Net Income$227.91 million

Miscellaneous

Employees6,200
Market Cap$2.47 billion
Next Earnings Date2/26/2020 (Estimated)
OptionableOptionable

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Nelnet (NYSE:NNI) Frequently Asked Questions

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 declared a quarterly dividend on Thursday, November 7th. Investors of record on Friday, November 29th will be paid a dividend of $0.20 per share on Friday, December 13th. This represents a $0.80 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date of this dividend is Wednesday, November 27th. This is an increase from Nelnet's previous quarterly dividend of $0.18. View Nelnet's Dividend History.

How were Nelnet's earnings last quarter?

Nelnet, Inc. (NYSE:NNI) issued its quarterly earnings results on Thursday, November, 7th. The credit services provider reported $0.94 earnings per share for the quarter, missing the consensus estimate of $1.06 by $0.12. The credit services provider had revenue of $285.57 million for the quarter, compared to analysts' expectations of $270.35 million. Nelnet had a return on equity of 9.17% and a net margin of 6.89%. During the same quarter in the previous year, the company posted $1.14 EPS. View Nelnet's Earnings History.

When is Nelnet's next earnings date?

Nelnet is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Nelnet.

Has Nelnet been receiving favorable news coverage?

Media headlines about NNI stock have been trending very negative on Wednesday, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Nelnet earned a daily sentiment score of -3.2 on InfoTrie's scale. They also assigned media coverage about the credit services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Nelnet.

Are investors shorting Nelnet?

Nelnet saw a increase in short interest in the month of October. As of October 15th, there was short interest totalling 317,600 shares, an increase of 6.9% from the September 15th total of 297,200 shares. Based on an average daily volume of 79,400 shares, the days-to-cover ratio is presently 4.0 days. Currently, 1.7% of the company's stock are short sold. View Nelnet's Current Options Chain.

Who are some of Nelnet's key competitors?

What other stocks do shareholders of Nelnet own?

Who are Nelnet's key executives?

Nelnet's management team includes the folowing people:
  • Mr. Michael Sullivan Dunlap, Exec. Chairman (Age 55)
  • Mr. Jeffrey R. Noordhoek, Chief Exec. Officer (Age 53)
  • Mr. Timothy A. Tewes, Pres (Age 60)
  • Mr. James D. Kruger, Chief Financial Officer (Age 56)
  • Mr. Terry J. Heimes, Chief Operating Officer (Age 55)

Who are Nelnet's major shareholders?

Nelnet's stock is owned by a number of of institutional and retail investors. Top institutional investors include Farmers & Merchants Investments Inc. (3.85%), General American Investors Co. Inc. (0.88%), Foundry Partners LLC (0.19%), California Public Employees Retirement System (0.17%), James Investment Research Inc. (0.13%) and RK Asset Management LLC (0.12%). Company insiders that own Nelnet stock include Angie Muhleisen, Kathleen Anne Farrell and Michael D Reardon. 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 Farmers & Merchants Investments Inc., General American Investors Co. Inc., First Trust Advisors LP, Alberta Investment Management Corp, RK Asset Management LLC, Virginia Retirement Systems ET AL, CNA Financial Corp and James Investment Research Inc.. View Insider Buying and Selling for Nelnet.

Which major investors are buying Nelnet stock?

NNI stock was bought by a variety of institutional investors in the last quarter, including Denali Advisors LLC, California Public Employees Retirement System, Tuttle Tactical Management, Foundry Partners LLC, Rational Advisors LLC, SG Americas Securities LLC, Rhumbline Advisers and Tower Research Capital LLC TRC . View Insider Buying and Selling 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 $62.20.

How big of a company is Nelnet?

Nelnet has a market capitalization of $2.47 billion and generates $1.76 billion in revenue each year. Nelnet employs 6,200 workers across the globe.View Additional Information About Nelnet.

What is Nelnet's official website?

The official website for Nelnet is http://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]


MarketBeat Community Rating for Nelnet (NYSE NNI)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  236 (Vote Outperform)
Underperform Votes:  187 (Vote Underperform)
Total Votes:  423
MarketBeat's community ratings are surveys of what our community members think about Nelnet and other stocks. Vote "Outperform" if you believe NNI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NNI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/13/2019 by MarketBeat.com Staff

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