Nelnet, Inc. provides education related products and services, and loan asset management services worldwide. The company's Loan Systems and Servicing segment 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 software and data center, default aversion tracking, claim processing, and post-default collection services, as well as borrower and loan updates for guarantee agencies, and contact center solutions; and licenses student loan servicing software to third-party student loan holders and servicers. Its Tuition Payment Processing and Campus Commerce segment offers products and services to help students and families to manage the payment of education costs; school information system software; professional development and educational instruction services to K-12 schools; and education-focused technologies, services, and support solutions to schools for collecting and processing commerce data. It also provides electronic transfer and credit card processing, reporting, billing and invoicing, and integration services; and mobile and virtual terminal solutions for business software products. Its Communications segment provides Internet access, data connectivity, Internet protocol television video, video on demand, and high-definition television services; digital video recorders to residential and business subscribers; and local calling and long-distance telephone services. This segment offers its services through direct marketing, call and communication centers, and sales representatives; and its Website. 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.
Industry, Sector and Symbol
Industry N/A
Sub-IndustryConsumer Finance
SectorFinance
Phone402-458-2370
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.76 billion
Profitability
Miscellaneous
Employees4,300
Next Earnings Date5/14/2019 (Estimated)
OptionableOptionable
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 announced a quarterly dividend on Thursday, January 31st. Shareholders of record on Friday, March 1st will be given a dividend of $0.18 per share on Friday, March 15th. This represents a $0.72 annualized dividend and a yield of 1.29%. The ex-dividend date of this dividend is Thursday, February 28th. View Nelnet's Dividend History.
How were Nelnet's earnings last quarter?
Nelnet, Inc. (NYSE:NNI) issued its quarterly earnings results on Wednesday, February, 27th. The credit services provider reported $1.44 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.44. Nelnet had a return on equity of 9.90% and a net margin of 12.97%. During the same period in the prior year, the business earned $1.11 earnings per share. View Nelnet's Earnings History.
When is Nelnet's next earnings date?
Has Nelnet been receiving favorable news coverage?
Media coverage about NNI stock has been trending somewhat positive this week, InfoTrie reports. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Nelnet earned a daily sentiment score of 1.4 on InfoTrie's scale. They also assigned media stories about the credit services provider a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
Who are some of Nelnet's key competitors?
Some companies that are related to Nelnet include Alleghany (Y), Land Securities Group (LSGOF), Everest Re Group (RE), CHINA CITIC Bk/ADR (CHCJY), VICI Properties (VICI), Scor (SCRYY), LEG Immobilien (LEGIF), American Financial Group (AFG), DAIWA SEC GRP I/S (DSEEY), Hargreaves Lansdown (HL), National Retail Properties (NNN), Woori Financial Group (WF), Credit Acceptance (CACC), Brookfield Property Partners (BPY) and SEGRO (SEGXF).
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 retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (6.05%), Farmers & Merchants Investments Inc. (3.58%), BlackRock Inc. (3.33%), Boston Partners (2.58%), LSV Asset Management (2.31%) and Magnolia Group LLC (2.12%). Company insiders that own Nelnet stock include Angie Muhleisen, Kathleen Anne Farrell, Michael D Reardon 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., James Investment Research Inc., Boston Partners, Prudential Financial Inc., LSV Asset Management, Bank of New York Mellon Corp, Prescott Group Capital Management L.L.C. and Barclays PLC. 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 Norges Bank, Magnolia Group LLC, Magnolia Group LLC, Dimensional Fund Advisors LP, BlackRock Inc., Geode Capital Management LLC, Geode Capital Management LLC and General American Investors Co. Inc.. 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, Scottrade, Fidelity and Charles Schwab.
What is Nelnet's stock price today?
One share of NNI stock can currently be purchased for approximately $55.97.
How big of a company is Nelnet?
Nelnet has a market capitalization of $2.25 billion and generates $1.76 billion in revenue each year. Nelnet employs 4,300 workers across the globe.
What is Nelnet's official website?
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)
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.
