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S&P 500   3,655.04
DOW   29,260.81
QQQ   274.37
This Device Makes Creating Voice Memos Easy
How to profit from the coming boom in gold (Ad)
Three Consumer Stocks That Could Outperform In Q4 
Will Synthetic Biology Firm Amyris Post Net Income In 2024?
How to profit from the coming boom in gold (Ad)
Comcast is an Asset Bonanza Priced Cheap
Nike's Stock Sale Won't Run For Long
How to profit from the coming boom in gold (Ad)
British pound plunges to new low as tax cuts spark concern
US stocks slip deeper into a slump as recession fears grow
S&P 500   3,655.04
DOW   29,260.81
QQQ   274.37
This Device Makes Creating Voice Memos Easy
How to profit from the coming boom in gold (Ad)
Three Consumer Stocks That Could Outperform In Q4 
Will Synthetic Biology Firm Amyris Post Net Income In 2024?
How to profit from the coming boom in gold (Ad)
Comcast is an Asset Bonanza Priced Cheap
Nike's Stock Sale Won't Run For Long
How to profit from the coming boom in gold (Ad)
British pound plunges to new low as tax cuts spark concern
US stocks slip deeper into a slump as recession fears grow
S&P 500   3,655.04
DOW   29,260.81
QQQ   274.37
This Device Makes Creating Voice Memos Easy
How to profit from the coming boom in gold (Ad)
Three Consumer Stocks That Could Outperform In Q4 
Will Synthetic Biology Firm Amyris Post Net Income In 2024?
How to profit from the coming boom in gold (Ad)
Comcast is an Asset Bonanza Priced Cheap
Nike's Stock Sale Won't Run For Long
How to profit from the coming boom in gold (Ad)
British pound plunges to new low as tax cuts spark concern
US stocks slip deeper into a slump as recession fears grow
NYSE:NNI

Nelnet - NNI Stock Forecast, Price & News

$79.09
-0.75 (-0.94%)
(As of 09/26/2022 12:00 AM ET)
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Compare
Today's Range
$78.80
$79.96
50-Day Range
$79.09
$95.89
52-Week Range
$72.94
$99.79
Volume
64,531 shs
Average Volume
83,822 shs
Market Capitalization
$2.94 billion
P/E Ratio
6.59
Dividend Yield
1.20%
Price Target
$88.00

Nelnet MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
11.3% Upside
$88.00 Price Target
Short Interest
Bearish
2.86% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.11
Upright™ Environmental Score
News Sentiment
-0.11mentions of Nelnet in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$122,745 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.18 out of 5 stars

Finance Sector

629th out of 885 stocks

Personal Credit Institutions Industry

10th out of 14 stocks

NNI stock logo

About Nelnet (NYSE:NNI) Stock

Nelnet, Inc. engages in loan servicing, communications, education technology, services, and payment processing businesses worldwide. The Loan Servicing and Systems segment provides loan conversion, application processing, borrower updates, customer service, payment processing, due diligence procedures, funds management reconciliation, and claim processing services. This segment also provides student loan servicing software; business process outsourcing services specialized in contact center management, such as inbound calls, outreach campaigns and sales, and interacting with customers through multi-channels. The Education Technology, Services, and Payment Processing segment offers financial management services; school information system software; website design and cost effective admissions software; FACTS Giving, a donation platform; and customized professional development and coaching services, educational instruction services, and technology products that aid in teacher and student evaluations. It also offers tuition payment plans, and service and technology for student billings, payments, and refunds; solutions for in-person, online, and mobile payment experiences on campus; payment processing services, such as credit card and electronic transfer; faith community engagement, giving management, and learning management services and technologies; and an integrated commerce payment platform, financial management, and tuition payment plan services, as well as a school management platform that provides administrative, information management, financial management, and communication functions for K-12 schools. The Communications segment provides fiber optic service to homes and businesses for internet, television, and telephone services. The Asset Generation and Management segment acquires, manages, and owns loan assets. The Nelnet Bank segment operates internet industrial banks. The company was founded in 1978 and is headquartered in Lincoln, Nebraska.

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NNI Stock News Headlines

Nelnet Enters Oversold Territory
Nelnet is Oversold
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NNI Company Calendar

Last Earnings
11/08/2021
Ex-Dividend for 9/15 Dividend
8/31/2022
Dividend Payable
9/15/2022
Today
9/26/2022
Next Earnings (Estimated)
11/14/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Personal credit institutions
Sub-Industry
Consumer Finance
Sector
Finance
CUSIP
64031N10
Employees
7,988
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$88.00
High Stock Price Forecast
$88.00
Low Stock Price Forecast
$88.00
Forecasted Upside/Downside
+11.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$393.29 million
Pretax Margin
33.80%

Debt

Sales & Book Value

Annual Sales
$1.50 billion
Cash Flow
$11.89 per share
Book Value
$77.88 per share

Miscellaneous

Free Float
18,496,000
Market Cap
$2.94 billion
Optionable
Optionable
Beta
0.74

Key Executives

  • Mr. Michael Sullivan Dunlap (Age 58)
    Exec. Chairman
    Comp: $1.18M
  • Mr. Jeffrey R. Noordhoek (Age 56)
    Chief Exec. Officer
    Comp: $1.73M
  • Mr. Timothy Alan Tewes (Age 63)
    Pres
    Comp: $1.64M
  • Mr. James D. Kruger (Age 59)
    Chief Financial Officer
    Comp: $1.71M
  • Mr. Terry J. Heimes (Age 58)
    Chief Operating Officer
    Comp: $1.68M
  • Mr. Phil Morgan
    Investor Relations Contact
  • Mr. William J. MunnMr. William J. Munn (Age 54)
    Corp. Sec., Chief Governance Officer & Gen. Counsel
  • Ms. Jackie Strohbehn
    Pres of Nelnet Campus Commerce
  • Mr. Matthew W. Dunlap (Age 33)
    Chief Bus. Devel. Officer & Director













NNI Stock - Frequently Asked Questions

Should I buy or sell Nelnet stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nelnet in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" NNI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NNI, but not buy additional shares or sell existing shares.
View NNI analyst ratings
or view top-rated stocks.

What is Nelnet's stock price forecast for 2022?

1 brokerages have issued 12 month price objectives for Nelnet's shares. Their NNI share price forecasts range from $88.00 to $88.00. On average, they anticipate the company's share price to reach $88.00 in the next twelve months. This suggests a possible upside of 11.2% from the stock's current price.
View analysts price targets for NNI
or view top-rated stocks among Wall Street analysts.

How have NNI shares performed in 2022?

Nelnet's stock was trading at $97.68 at the beginning of 2022. Since then, NNI shares have decreased by 19.0% and is now trading at $79.13.
View the best growth stocks for 2022 here
.

Are investors shorting Nelnet?

Nelnet saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 382,100 shares, an increase of 24.1% from the August 15th total of 307,800 shares. Based on an average daily trading volume, of 81,700 shares, the days-to-cover ratio is currently 4.7 days. Currently, 2.9% of the shares of the company are sold short.
View Nelnet's Short Interest
.

When is Nelnet's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 14th 2022.
View our NNI earnings forecast
.

How were Nelnet's earnings last quarter?

Nelnet, Inc. (NYSE:NNI) issued its earnings results on Monday, November, 8th. The credit services provider reported $1.23 earnings per share for the quarter, missing analysts' consensus estimates of $1.68 by $0.45. The credit services provider earned $286.66 million during the quarter. Nelnet had a net margin of 26.48% and a trailing twelve-month return on equity of 9.14%.

How often does Nelnet pay dividends? What is the dividend yield for Nelnet?

Nelnet announced a quarterly dividend on Tuesday, August 9th. Shareholders of record on Thursday, September 1st will be paid a dividend of $0.24 per share on Thursday, September 15th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date is Wednesday, August 31st.
Read our dividend analysis for NNI
.

Is Nelnet a good dividend stock?

Nelnet (NYSE:NNI) pays an annual dividend of $0.96 per share and currently has a dividend yield of 1.20%. The company has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 7.99%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for NNI.

What is Mike Dunlap's approval rating as Nelnet's CEO?

187 employees have rated Nelnet Chief Executive Officer Mike Dunlap on Glassdoor.com. Mike Dunlap has an approval rating of 83% among the company's employees.

What other stocks do shareholders of Nelnet own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Nelnet investors own include Altria Group (MO), Exxon Mobil (XOM), Consolidated Edison (ED), Enbridge (ENB), Edwards Lifesciences (EW), International Business Machines (IBM), MetLife (MET), Pfizer (PFE), Shaw Communications (SJR) and AT&T (T).

What is Nelnet's stock symbol?

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

Who are Nelnet's major shareholders?

Nelnet's stock is owned by a variety of retail and institutional investors. Top institutional investors include Farmers & Merchants Investments Inc. (4.11%), State Street Corp (0.88%), Northern Trust Corp (0.70%), JPMorgan Chase & Co. (0.50%), FMR LLC (0.39%) and Goldman Sachs Group Inc. (0.31%). Insiders that own company stock include Michael S Dunlap, Shelby J Butterfield, Shelby J Butterfield, William J Munn and William J Munn.
View institutional ownership trends
.

How do I buy shares of Nelnet?

Shares of NNI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Nelnet's stock price today?

One share of NNI stock can currently be purchased for approximately $79.13.

How much money does Nelnet make?

Nelnet (NYSE:NNI) has a market capitalization of $2.94 billion and generates $1.50 billion in revenue each year. The credit services provider earns $393.29 million in net income (profit) each year or $12.01 on an earnings per share basis.

How many employees does Nelnet have?

The company employs 7,988 workers across the globe.

How can I contact Nelnet?

Nelnet's mailing address is 121 SOUTH 13TH STREET SUITE 100, LINCOLN NE, 68508. The official website for the company is www.nelnet.com. The credit services provider can be reached via phone at (402) 458-2370, via email at investorrelations@nelnet.net, or via fax at 402-458-2344.

This page (NYSE:NNI) was last updated on 9/27/2022 by MarketBeat.com Staff

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