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S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
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S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
pixel
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S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
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NYSE:NNI

Nelnet Stock Forecast, Price & News

$72.60
+2.69 (+3.85 %)
(As of 02/26/2021 12:00 AM ET)
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Today's Range
$70.40
Now: $72.60
$74.92
50-Day Range
$68.79
MA: $71.03
$73.65
52-Week Range
$36.70
Now: $72.60
$74.92
Volume115,436 shs
Average Volume63,715 shs
Market Capitalization$2.78 billion
P/E Ratio17.62
Dividend Yield1.25%
Beta0.7
Nelnet, Inc. engages in loan servicing, communications, and education technology, services, and payment processing businesses 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. 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; assistance with financial needs assessment; school information system software that automates administrative processes; professional development and educational instruction services; and technology products that aid in teacher and student evaluations. It also offers technology and payments services, including electronic transfer and credit card processing, reporting, billing and invoicing, mobile and virtual terminal solutions, and specialized integrations to business software; and mobile first technology focused on increasing engagement, online giving, and communication for church and not-for-profit customers. Its Communications segment fiber optic service to homes and businesses for internet, television, and telephone services. Its data services include high-speed internet access; telephone services comprise local and long distance telephone service, hostedPBX services, and other services. 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.
Nelnet logo

Headlines

Nelnet Reports Fourth Quarter 2020 Results
February 25, 2021 |  finance.yahoo.com
The Best Stock to Own if Student Loans Are Forgiven
February 19, 2021 |  finance.yahoo.com
Wells Fargo to sell student-loan portfolio
December 18, 2020 |  finance.yahoo.com
How a Little-Known Conglomerate Could Make You Richer
December 17, 2020 |  finance.yahoo.com
Is NNI A Good Stock To Buy Now?
December 14, 2020 |  finance.yahoo.com
Nelnet Is A Buy: An Asymmetric Risk/Reward Opportunity
November 17, 2020 |  seekingalpha.com
Nelnet EPS in-line, beats on revenue
November 5, 2020 |  seekingalpha.com
Nelnet increases dividend by ~10%
November 5, 2020 |  seekingalpha.com
See More Headlines

Industry, Sector and Symbol

Industry Personal credit institutions
Sub-IndustryConsumer Finance
SectorFinance
CUSIP64031N10
Phone402-458-2370
Employees6,600
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.78 billion
Cash Flow$10.07 per share
Book Value$60.19 per share

Profitability

Net Income$141.80 million

Miscellaneous

Market Cap$2.78 billion
Next Earnings Date5/6/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

1.42 out of 5 stars

Finance Sector

723rd out of 1,923 stocks

Personal Credit Institutions Industry

7th out of 16 stocks

Analyst Opinion: 1.5Community Rank: 2.7Dividend Strength: 0.8Insider Behavior: 0.8Valuation: 1.3 5 -4 -3 -2 -1 -
$72.60
+2.69 (+3.85 %)
(As of 02/26/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Nelnet (NYSE:NNI) Frequently Asked Questions

Is Nelnet a buy right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nelnet in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Nelnet stock.
View analyst ratings for Nelnet
or view top-rated stocks.

What stocks does MarketBeat like better than Nelnet?

Wall Street analysts have given Nelnet a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Nelnet wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Nelnet's next earnings date?

Nelnet is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021.
View our earnings forecast for Nelnet
.

How were Nelnet's earnings last quarter?

Nelnet, Inc. (NYSE:NNI) announced its quarterly earnings results on Thursday, February, 25th. The credit services provider reported $6.23 earnings per share for the quarter, beating the consensus estimate of $5.78 by $0.45. Nelnet had a net margin of 10.09% and a trailing twelve-month return on equity of 7.53%.
View Nelnet's earnings history
.

How has Nelnet's stock been impacted by COVID-19 (Coronavirus)?

Nelnet's stock was trading at $47.84 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, NNI stock has increased by 51.8% and is now trading at $72.60.
View which stocks have been most impacted by COVID-19
.

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

Nelnet declared a quarterly dividend on Friday, January 29th. Shareholders of record on Monday, March 1st will be given a dividend of $0.22 per share on Monday, March 15th. This represents a $0.88 annualized dividend and a yield of 1.21%. The ex-dividend date is Friday, February 26th.
View Nelnet's dividend history
.

Is Nelnet a good dividend stock?

Nelnet pays an annual dividend of $0.88 per share and currently has a dividend yield of 1.25%.
View Nelnet's dividend history.

What price target have analysts set for NNI?

1 brokers have issued twelve-month price targets for Nelnet's stock. Their forecasts range from $75.00 to $75.00. On average, they anticipate Nelnet's share price to reach $75.00 in the next twelve months. This suggests a possible upside of 3.3% from the stock's current price.
View analysts' price targets for Nelnet
or view top-rated stocks among Wall Street analysts.

Who are Nelnet's key executives?

Nelnet's management team includes the following people:
  • Mr. Michael Sullivan Dunlap, Exec. Chairman (Age 57, Pay $1.2M)
  • Mr. Jeffrey R. Noordhoek, Chief Exec. Officer (Age 55, Pay $1.67M)
  • Mr. Timothy Alan Tewes, Pres (Age 62, Pay $1.48M)
  • Mr. James D. Kruger, Chief Financial Officer (Age 58, Pay $1.45M)
  • Mr. Terry J. Heimes, Chief Operating Officer (Age 57, Pay $1.67M)
  • Mr. Phil Morgan, Investor Relations Contact
  • Mr. William J. Munn, Corp. Sec., Chief Governance Officer & Gen. Counsel (Age 53)
  • Ms. Jackie Strohbehn, Pres of Nelnet Campus Commerce

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

187 employees have rated Nelnet CEO Mike Dunlap on Glassdoor.com. Mike Dunlap has an approval rating of 83% among Nelnet's employees.

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 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 institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (5.80%), Magnolia Group LLC (4.25%), Farmers & Merchants Investments Inc. (3.90%), BlackRock Inc. (3.29%), Jefferies Group LLC (1.66%) and Northern Trust Corp (1.13%). Company insiders that own Nelnet stock include Angie Muhleisen, Michael S Dunlap, Shelby J Butterfield 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 Dimensional Fund Advisors LP, Ennismore Fund Management Ltd, Farmers & Merchants Investments Inc., Boston Partners, Boston Partners, Northern Trust Corp, Bessemer Group Inc., and Wells Fargo & Company MN. Company insiders that have sold Nelnet company stock in the last year include Shelby J Butterfield, and William J Munn.
View insider buying and selling activity for Nelnet
or view top insider-selling stocks.

Which institutional investors are buying Nelnet stock?

NNI stock was bought by a variety of institutional investors in the last quarter, including Jefferies Group LLC, Sycale Advisors NY LLC, BlackRock Inc., Magnolia Group LLC, Renaissance Technologies LLC, Junson Asset Management Hong Kong Ltd, Lord Abbett & CO. LLC, and Russell Investments Group Ltd..
View insider buying and selling activity for Nelnet
or or view top insider-buying stocks.

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 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 $72.60.

How much money does Nelnet make?

Nelnet has a market capitalization of $2.78 billion and generates $1.78 billion in revenue each year.

How many employees does Nelnet have?

Nelnet employs 6,600 workers across the globe.

What is Nelnet's official website?

The official website for Nelnet is www.nelnet.com.

Where are Nelnet's headquarters?

Nelnet is headquartered at 121 SOUTH 13TH STREET SUITE 100, LINCOLN NE, 68508.

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]


This page was last updated on 2/27/2021 by MarketBeat.com Staff

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