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NYSE:NNI - Nelnet Stock Price, Forecast & News

$61.78
-0.47 (-0.76 %)
(As of 12/16/2019 04:48 AM ET)
Today's Range
$61.50
Now: $61.78
$62.56
50-Day Range
$59.80
MA: $61.87
$63.76
52-Week Range
$47.59
Now: $61.78
$69.97
Volume64,435 shs
Average Volume67,484 shs
Market Capitalization$2.45 billion
P/E Ratio11.72
Dividend Yield1.29%
Beta0.38
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$10.14 per share
Book Value$57.50 per share

Profitability

Net Income$227.91 million

Miscellaneous

Employees6,200
Market Cap$2.45 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. Stockholders 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 dividend yield of 1.29%. The ex-dividend date is Wednesday, November 27th. This is a boost 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) announced its quarterly earnings data on Thursday, November, 7th. The credit services provider reported $0.94 EPS for the quarter, missing analysts' consensus estimates of $1.06 by $0.12. The credit services provider earned $285.57 million during the quarter, compared to the consensus estimate of $270.35 million. Nelnet had a return on equity of 9.17% and a net margin of 6.89%. During the same period in the previous year, the business earned $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?

News stories about NNI stock have been trending negative on Monday, according to InfoTrie. The research firm rates the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Nelnet earned a news sentiment score of -2.8 on InfoTrie's scale. They also gave media headlines about the credit services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Nelnet.

Are investors shorting Nelnet?

Nelnet saw a decrease in short interest in the month of November. As of November 29th, there was short interest totalling 165,100 shares, a decrease of 8.4% from the November 14th total of 180,200 shares. Based on an average trading volume of 77,900 shares, the short-interest ratio is currently 2.1 days. Approximately 0.9% of the company's shares 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 many different of institutional and retail investors. Top institutional investors include Farmers & Merchants Investments Inc. (3.85%), Boston Partners (1.97%), State Street Corp (0.97%), General American Investors Co. Inc. (0.88%), Foundry Partners LLC (0.19%) and California Public Employees Retirement System (0.17%). Company insiders that own Nelnet stock include Angie Muhleisen, Kathleen Anne Farrell and William J Munn. View Institutional Ownership Trends for Nelnet.

Which institutional 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., Boston Partners, State Street Corp, First Trust Advisors LP, Man Group plc, Alberta Investment Management Corp and RK Asset Management LLC. Company insiders that have sold Nelnet company stock in the last year include Angie Muhleisen and William J Munn. View Insider Buying and Selling for Nelnet.

Which institutional investors are buying Nelnet stock?

NNI stock was bought by a variety of institutional investors in the last quarter, including Denali Advisors LLC, Squarepoint Ops LLC, Barclays PLC, California Public Employees Retirement System, Voloridge Investment Management LLC, Tuttle Tactical Management, Foundry Partners LLC and Rational Advisors LLC. 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 $61.78.

How big of a company is Nelnet?

Nelnet has a market capitalization of $2.45 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:  242 (Vote Outperform)
Underperform Votes:  194 (Vote Underperform)
Total Votes:  436
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 12/16/2019 by MarketBeat.com Staff

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