NYSE:NNI - Nelnet Stock Price, Forecast & News

Nelnet trades on the New York Stock Exchange (NYSE) under the ticker symbol "NNI."

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.

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.

Nelnet is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Nelnet.

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.

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.

Some companies that are related to Nelnet include American Express (AXP), Capital One Financial (COF), Discover Financial Services (DFS), Credit Acceptance (CACC), SLM (SLM), FirstCash (FCFS), Pra Group (PRAA), Green Dot (GDOT), Encore Capital Group (ECPG), World Acceptance (WRLD), EZCORP (EZPW), Regional Management (RM), Nicholas Financial (NICK) and Asta Funding (ASFI).

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).

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.

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.

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.

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.

One share of NNI stock can currently be purchased for approximately $59.88.

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.

The official website for Nelnet is http://www.nelnet.com/.

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]