Positive News SentimentPositive NewsNYSE:NNI Nelnet (NNI) Stock Forecast, Price & News $100.67 +1.74 (+1.76%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range$98.35▼$101.0350-Day Range$90.49▼$100.6752-Week Range$72.94▼$101.03Volume85,106 shsAverage Volume43,856 shsMarket Capitalization$3.75 billionP/E Ratio15.25Dividend Yield1.03%Price Target$93.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Nelnet MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside7.6% Downside$93.00 Price TargetShort InterestBearish1.51% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.11Upright™ Environmental ScoreNews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.95 out of 5 starsFinance Sector653rd out of 851 stocksPersonal Credit Institutions Industry9th out of 13 stocks 1.0 Analyst's Opinion Consensus RatingNelnet has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $93.00, Nelnet has a forecasted downside of 7.6% from its current price of $100.67.Amount of Analyst CoverageNelnet has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.51% of the float of Nelnet has been sold short.Short Interest Ratio / Days to CoverNelnet has a short interest ratio ("days to cover") of 5.3.Change versus previous monthShort interest in Nelnet has recently increased by 9.76%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldNelnet pays a meaningful dividend of 1.08%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthNelnet has been increasing its dividend for 8 years.Dividend CoverageThe dividend payout ratio of Nelnet is 15.76%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 4.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreNelnet has received a 76.08% net impact score from Upright. The largest positive contribution comes from its "Distributing knowledge" impact, which is false driven by its "Student loans" and "Student loan management services" products. See details.Environmental SustainabilityThe Environmental Impact score for Nelnet is -0.11. Previous Next 3.1 News and Social Media Coverage News SentimentNelnet has a news sentiment score of 1.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Nelnet this week, compared to 3 articles on an average week.MarketBeat Follows1 people have added Nelnet to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Nelnet insiders have not sold or bought any company stock.Percentage Held by Insiders51.16% of the stock of Nelnet is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 33.38% of the stock of Nelnet is held by institutions. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Nelnet is 15.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.34.Price to Earnings Ratio vs. SectorThe P/E ratio of Nelnet is 15.25, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 155.61.Price to Book Value per Share RatioNelnet has a P/B Ratio of 1.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Nelnet (NYSE:NNI) StockNelnet, Inc. engages in the provision of education-related products and services, as well as loan asset management. It operates through the following segments: Loan Servicing and Systems (LSS), Education Technology, Services, and Payment Processing (ETS&PP), Asset Generation and Management (AGM), Nelnet Bank, and Communications. The LSS segment focuses on student and consumer loan origination services and servicing, loan origination and servicing-related technology solutions, and outsourcing business services. The ETS&PP segment refers to Nelnet Business Services (NBS). NBS provides education services, payment technology, and community management solutions for K-12 schools, higher education institutions, churches, and businesses in the United States and internationally. The AGM segment includes the acquisition and management of student and other loan assets. The Nelnet Bank segment is involved in the Internet Utah-chartered industrial bank focused on the private education and unsecured consumer loan markets. The Communications segment consists of ALLO focused on providing fiber optic service directly to homes and businesses for internet, telephone, and television services. The compRead More Receive NNI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Nelnet and its competitors with MarketBeat's FREE daily newsletter. Email Address NNI Stock News HeadlinesJune 6, 2023 | finance.yahoo.comNelnet (NYSE:NNI) stock performs better than its underlying earnings growth over last three yearsMay 29, 2023 | americanbankingnews.comNelnet, Inc. (NNI) to Issue Quarterly Dividend of $0.26 on June 15thJune 7, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. 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Learn more here >>>May 22, 2023 | msn.comNelnet's Return On Capital Employed OverviewMay 18, 2023 | americanbankingnews.comNelnet (NYSE:NNI) Receives New Coverage from Analysts at StockNews.comMay 12, 2023 | msn.comCredit Suisse Reiterates Nelnet Inc - (NNI) Neutral RecommendationMay 10, 2023 | finanznachrichten.deNelnet, Inc.: Nelnet Reports First Quarter 2023 ResultsMay 10, 2023 | marketwatch.com8-K: NELNET INCJune 7, 2023 | UNKNOWN (Ad)This Company Is Solving A Multi-Billion Dollar Problem!This Little Known NASDAQ Stock is Solving a Multi-Billion Dollar Problem!May 10, 2023 | finance.yahoo.comNelnet First Quarter 2023 Earnings: EPS: US$0.71 (vs US$4.91 in 1Q 2022)May 8, 2023 | finance.yahoo.comNelnet Reports First Quarter 2023 ResultsApril 25, 2023 | finance.yahoo.comNelnet Awarded U.S. Department of Education's USDS Loan Servicing ContractApril 19, 2023 | finance.yahoo.comWith 49% ownership, Nelnet, Inc. (NYSE:NNI) insiders have a lot riding on the company's futureApril 14, 2023 | americanbankingnews.comNelnet (NYSE:NNI) Downgraded by StockNews.comApril 14, 2023 | americanbankingnews.comNelnet (NYSE:NNI) Stock Rating Lowered by StockNews.comApril 13, 2023 | morningstar.comStudent loan 'train wreck': As return of regular payments loom, servicers have less staff to field expected deluge of callsApril 6, 2023 | americanbankingnews.comNelnet (NYSE:NNI) Upgraded at StockNews.comMarch 23, 2023 | finance.yahoo.comNelnet Announces Reduction of Staff Due to Contract Changes Impacting Student Loan ServicingMarch 21, 2023 | thestreet.comNelnet Stock Hits New 52-Week Low (NNI)March 1, 2023 | finance.yahoo.comNelnet Reports Fourth Quarter 2022 ResultsFebruary 2, 2023 | msn.comNelnet declares $0.26 dividendJanuary 19, 2023 | finance.yahoo.comNelnet, Inc. (NNI) Stock Historical Prices & Data - Yahoo FinanceJanuary 18, 2023 | finance.yahoo.comNelnet Announces Changes to Staffing Capacity in Student Loan Servicing DivisionDecember 21, 2022 | finance.yahoo.comNelnet (NYSE:NNI) sheds 3.3% this week, as yearly returns fall more in line with earnings growthDecember 18, 2022 | finance.yahoo.comShould You Still Consider Buying Nelnet (NNI) Shares?December 16, 2022 | finance.yahoo.comNelnet Mourns the Loss of Board Member William CintaniDecember 5, 2022 | finance.yahoo.comWhy Nelnet Stock Jumped 10.6% in NovemberSee More Headlines NNI Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NNI Company Calendar Last Earnings11/08/2021Ex-Dividend for 3/15 Dividend2/28/2023Dividend Payable3/15/2023Ex-Dividend for 6/15 Dividend5/31/2023Today6/07/2023Dividend Payable6/15/2023Next Earnings (Estimated)8/14/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Personal credit institutions Sub-IndustryConsumer Finance SectorFinance Current SymbolNYSE:NNI CUSIP64031N10 CIK1258602 Webwww.nelnet.com Phone(402) 458-2370Fax402-458-2344Employees8,237Year FoundedN/APrice Target and Rating Average Stock Price Forecast$93.00 High Stock Price Forecast$93.00 Low Stock Price Forecast$93.00 Forecasted Upside/Downside-7.6%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$6.60 Trailing P/E Ratio15.25 Forward P/E RatioN/A P/E GrowthN/ANet Income$407.35 million Net Margins12.42% Pretax Margin15.08% Return on Equity6.63% Return on Assets1.08% Debt Debt-to-Equity Ratio4.17 Current Ratio55.87 Quick Ratio55.87 Sales & Book Value Annual Sales$1.99 billion Price / Sales1.89 Cash Flow$11.48 per share Price / Cash Flow8.77 Book Value$86.18 per share Price / Book1.17Miscellaneous Outstanding Shares37,290,000Free Float18,212,000Market Cap$3.75 billion OptionableOptionable Beta0.82 Key ExecutivesJeffrey R. NoordhoekChief Executive OfficerTimothy A. TewesPresidentTerry J. HeimesChief Operating OfficerJim Kruger KrugerChief Financial OfficerMatthew W. DunlapDirector & Chief Business Development OfficerKey CompetitorsSLMNASDAQ:SLMCredit AcceptanceNASDAQ:CACCEnova InternationalNYSE:ENVAOaktree Specialty LendingNASDAQ:OCSLOpen LendingNASDAQ:LPROView All CompetitorsInsiders & InstitutionsLegato Capital Management LLCSold 2,368 shares on 5/25/2023Ownership: 0.039%JPMorgan Chase & Co.Bought 40,211 shares on 5/18/2023Ownership: 0.519%New York State Common Retirement FundSold 3,100 shares on 5/18/2023Ownership: 0.058%First Trust Advisors LPSold 444 shares on 5/16/2023Ownership: 0.095%Susquehanna International Group LLPSold 200 shares on 5/16/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions NNI Stock - Frequently Asked Questions Should I buy or sell Nelnet stock right now? 1 Wall Street research 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 research 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 2023? 1 analysts have issued 1-year price objectives for Nelnet's shares. Their NNI share price forecasts range from $93.00 to $93.00. On average, they predict the company's share price to reach $93.00 in the next year. This suggests that the stock has a possible downside of 7.6%. View analysts price targets for NNI or view top-rated stocks among Wall Street analysts. How have NNI shares performed in 2023? Nelnet's stock was trading at $90.75 at the beginning of the year. Since then, NNI stock has increased by 10.9% and is now trading at $100.67. View the best growth stocks for 2023 here. When is Nelnet's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023. View our NNI earnings forecast. How were Nelnet's earnings last quarter? Nelnet, Inc. (NYSE:NNI) released its quarterly earnings results on Monday, November, 8th. The credit services provider reported $1.23 EPS 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 trailing twelve-month return on equity of 6.63% and a net margin of 12.42%. How often does Nelnet pay dividends? What is the dividend yield for Nelnet? Nelnet declared a quarterly dividend on Monday, May 8th. Shareholders of record on Thursday, June 1st will be given a dividend of $0.26 per share on Thursday, June 15th. This represents a $1.04 annualized dividend and a yield of 1.03%. The ex-dividend date of this dividend is Wednesday, May 31st. Read our dividend analysis for NNI. What ETFs hold Nelnet's stock? ETFs with the largest weight of Nelnet (NYSE:NNI) stock in their portfolio include WisdomTree U.S. SmallCap Fund (EES), First Trust Small Cap Value AlphaDEX Fund (FYT), Global X Millennial Consumer ETF (MILN), RiverFront Dynamic US Flex-Cap ETF (RFFC), Dimensional US Small Cap Value ETF (DFSV), VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF), VictoryShares US Small Cap Volatility Wtd (CSA) and Dimensional U.S. Targeted Value ETF (DFAT). Is Nelnet a good dividend stock? Nelnet (NYSE:NNI) pays an annual dividend of $1.04 per share and currently has a dividend yield of 1.08%. The company has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 15.76%. 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 number of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (5.69%), BlackRock Inc. (2.86%), Envestnet Asset Management Inc. (2.02%), State Street Corp (0.89%), Geode Capital Management LLC (0.83%) and Snyder Capital Management L P (0.77%). Insiders that own company stock include 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 $100.67. How much money does Nelnet make? Nelnet (NYSE:NNI) has a market capitalization of $3.75 billion and generates $1.99 billion in revenue each year. The credit services provider earns $407.35 million in net income (profit) each year or $6.60 on an earnings per share basis. How many employees does Nelnet have? The company employs 8,237 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 6/7/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Nelnet, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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