Nelnet, Inc. provides education related products and services, and loan asset management services worldwide. The company's Loan Systems and Servicing segment 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 software and data center, default aversion tracking, claim processing, and post-default collection services, as well as borrower and loan updates for guarantee agencies, and contact center solutions; and licenses student loan servicing software to third-party student loan holders and servicers. Its Tuition Payment Processing and Campus Commerce segment offers products and services to help students and families to manage the payment of education costs; school information system software; professional development and educational instruction services to K-12 schools; and education-focused technologies, services, and support solutions to schools for collecting and processing commerce data. It also provides electronic transfer and credit card processing, reporting, billing and invoicing, and integration services; and mobile and virtual terminal solutions for business software products. Its Communications segment provides Internet access, data connectivity, Internet protocol television video, video on demand, and high-definition television services; digital video recorders to residential and business subscribers; and local calling and long-distance telephone services. This segment offers its services through direct marketing, call and communication centers, and sales representatives; and its Website. 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.
Industry, Sector and Symbol
Industry Personal credit institutions
Sub-IndustryConsumer Finance
SectorFinance
Phone402-458-2370
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.20 billion
Profitability
Miscellaneous
Employees4,300
OptionableOptionable
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 Friday, November 9th. Stockholders of record on Friday, November 30th will be paid a dividend of $0.18 per share on Friday, December 14th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.36%. The ex-dividend date is Thursday, November 29th. This is a boost from Nelnet's previous quarterly dividend of $0.16. View Nelnet's Dividend History.
How were Nelnet's earnings last quarter?
Nelnet, Inc. (NYSE:NNI) announced its earnings results on Thursday, November, 8th. The credit services provider reported $1.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.26 by $0.12. The credit services provider had revenue of $276.35 million for the quarter. Nelnet had a return on equity of 9.48% and a net margin of 15.43%. During the same quarter in the prior year, the firm posted $1.00 earnings per share. View Nelnet's Earnings History.
When is Nelnet's next earnings date?
Has Nelnet been receiving favorable news coverage?
Media headlines about NNI stock have been trending positive on Wednesday, InfoTrie reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Nelnet earned a news impact score of 2.8 on InfoTrie's scale. They also assigned news headlines about the credit services provider a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an effect on the stock's share price in the next few days.
Who are some of Nelnet's key competitors?
Some companies that are related to Nelnet include Credit Acceptance (CACC), Santander Consumer USA (SC), SLM (SLM), OneMain (OMF), World Acceptance (WRLD), PROVIDENT FINL/S (FPLPY), Enova International (ENVA), Oaktree Specialty Lending (OCSL), Regional Management (RM), Atlanticus (ATLC), Mr. Amazing Loans (MRAL) and IEG (IEGH).
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 54)
Who are Nelnet's major shareholders?
Nelnet's stock is owned by many different of institutional and retail investors. Top institutional shareholders include James Investment Research Inc. (0.21%), RK Asset Management LLC (0.12%) and Bank of Montreal Can (0.11%). Company insiders that own Nelnet stock include Angie Muhleisen, Kathleen Anne Farrell, Michael D Reardon and William J Munn. View Institutional Ownership Trends for Nelnet.
Which major investors are selling Nelnet stock?
NNI stock was sold by a variety of institutional investors in the last quarter, including James Investment Research Inc. and RK Asset Management LLC. Company insiders that have sold Nelnet company stock in the last year include Angie Muhleisen and Kathleen Anne Farrell. View Insider Buying and Selling for Nelnet.
Which major investors are buying Nelnet stock?
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, Scottrade, Fidelity and Charles Schwab.
What is Nelnet's stock price today?
One share of NNI stock can currently be purchased for approximately $53.10.
How big of a company is Nelnet?
Nelnet has a market capitalization of $2.16 billion and generates $1.20 billion in revenue each year. Nelnet employs 4,300 workers across the globe.
What is Nelnet's official website?
How can I contact Nelnet?
Nelnet's mailing address is 121 SOUTH 13TH ST STE 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)
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.
