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 Friday, January 31st. Shareholders of record on Friday, February 28th will be paid a dividend of $0.20 per share on Friday, March 13th. This represents a $0.80 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date of this dividend is Thursday, February 27th. View Nelnet's Dividend History.

Nelnet, Inc. (NYSE:NNI) issued its earnings results on Thursday, February, 27th. The credit services provider reported $1.12 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.23 by $0.11. The credit services provider earned $288.11 million during the quarter. Nelnet had a return on equity of 9.17% and a net margin of 6.89%. During the same period in the prior year, the company earned $1.44 earnings per share. View Nelnet's Earnings History.

Nelnet is scheduled to release their next quarterly earnings announcement on Wednesday, May 13th 2020. View Earnings Estimates for Nelnet.

Media headlines about NNI stock have trended somewhat positive on Friday, InfoTrie reports. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Nelnet earned a news sentiment score of 1.1 on InfoTrie's scale. They also assigned news coverage about the credit services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Nelnet.

Nelnet saw a drop in short interest during the month of February. As of February 14th, there was short interest totalling 182,000 shares, a drop of 24.7% from the January 30th total of 241,800 shares. Based on an average trading volume of 91,200 shares, the short-interest ratio is presently 2.0 days. Approximately 1.0% of the shares of the stock 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), Green Dot (GDOT), Pra Group (PRAA), Encore Capital Group (ECPG), World Acceptance (WRLD), Regional Management (RM), EZCORP (EZPW), 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 many different of institutional and retail investors. Top institutional investors include Farmers & Merchants Investments Inc. (3.80%), Magnolia Group LLC (3.04%), Boston Partners (1.27%), State Street Corp (1.00%), Mercator Fund Cayman Master LP (0.99%) and Geode Capital Management LLC (0.84%). 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 LSV Asset Management, Boston Partners, Renaissance Technologies LLC, Farmers & Merchants Investments Inc., Alberta Investment Management Corp, Prudential Financial Inc., California Public Employees Retirement System and Oxford Asset Management LLP. 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 purchased by a variety of institutional investors in the last quarter, including Mercator Fund Cayman Master LP, Magnolia Group LLC, First Trust Advisors LP, Bank of Montreal Can, Amundi Pioneer Asset Management Inc., FMR LLC, State Street Corp and Foundry Partners LLC. 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 $53.10.

Nelnet has a market capitalization of $2.11 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]