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NYSE:NNI - Nelnet Stock Price, Forecast & News

$59.88
-0.48 (-0.80 %)
(As of 01/26/2020 12:44 PM ET)
Today's Range
$59.37
Now: $59.88
$61.04
50-Day Range
$57.85
MA: $59.92
$62.97
52-Week Range
$51.19
Now: $59.88
$69.97
Volume49,134 shs
Average Volume92,288 shs
Market Capitalization$2.38 billion
P/E Ratio19.96
Dividend Yield1.33%
Beta0.35
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$10.15 per share
Book Value$57.50 per share

Profitability

Net Income$227.91 million

Miscellaneous

Employees6,200
Market Cap$2.38 billion
Next Earnings Date2/27/2020 (Confirmed)
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 announced a quarterly dividend on Thursday, November 7th. Shareholders 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 1.34%. The ex-dividend date is Wednesday, November 27th. This is a positive change 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 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.06 by $0.12. The credit services provider earned $285.57 million during the quarter, compared to analysts' expectations of $270.35 million. Nelnet had a net margin of 6.89% and a return on equity of 9.17%. During the same quarter last year, the company 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 Thursday, February 27th 2020. View Earnings Estimates for Nelnet.

Has Nelnet been receiving favorable news coverage?

News stories about NNI stock have trended extremely negative recently, InfoTrie reports. The research firm rates the sentiment of news coverage by analyzing 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 closest to five being the most favorable. Nelnet earned a media sentiment score of -4.5 on InfoTrie's scale. They also assigned headlines about the credit services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for Nelnet.

Are investors shorting Nelnet?

Nelnet saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 241,200 shares, an increase of 14.3% from the December 15th total of 211,000 shares. Based on an average daily trading volume, of 82,000 shares, the short-interest ratio is currently 2.9 days. Currently, 1.3% of the company's shares are sold short. View Nelnet's Current Options Chain.

Who are some of Nelnet's key competitors?

What other stocks do shareholders of Nelnet own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Nelnet investors own include Enbridge (ENB), Edwards Lifesciences (EW), Altria Group (MO), Shaw Communications (SJR), Exxon Mobil (XOM), Compass Group (CPG), Huntington Bancshares (HBAN), Walgreens Boots Alliance (WBA), BCE (BCE) and Franklin Resources (BEN).

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 retail and institutional investors. Top institutional investors include Farmers & Merchants Investments Inc. (3.80%), Mercator Fund Cayman Master LP (0.99%) and RK Asset Management LLC (0.10%). 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. 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 Mercator Fund Cayman Master LP. 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 $59.88.

How big of a company is Nelnet?

Nelnet has a market capitalization of $2.38 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:  2.7 out of 5 (star star)
Outperform Votes:  246 (Vote Outperform)
Underperform Votes:  204 (Vote Underperform)
Total Votes:  450
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 1/26/2020 by MarketBeat.com Staff

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