NYSE:NNI - Nelnet Stock Price, News & Analysis

$66.81
+1.55 (+2.38 %)
(As of 08/18/2019 05:23 AM ET)
Today's Range
$64.47
Now: $66.81
$66.98
50-Day Range
$58.01
MA: $61.64
$67.42
52-Week Range
$47.59
Now: $66.81
$68.51
Volume49,200 shs
Average Volume72,961 shs
Market Capitalization$2.65 billion
P/E Ratio11.80
Dividend Yield1.11%
Beta0.45
Nelnet, Inc provides education related products and services, and loan asset management services 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. Read More…

Industry, Sector and Symbol

Industry Personal credit institutions
Sub-IndustryConsumer Finance
SectorFinance
CUSIP64031N10
Phone402-458-2370

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.76 billion
Cash Flow$10.5213 per share
Book Value$58.63 per share

Profitability

Net Income$227.91 million

Miscellaneous

Employees6,200
Market Cap$2.65 billion
Next Earnings Date11/14/2019 (Estimated)
OptionableOptionable

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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 Thursday, August 8th. Investors of record on Friday, August 30th will be given a dividend of $0.18 per share on Friday, September 13th. This represents a $0.72 annualized dividend and a yield of 1.08%. The ex-dividend date is Thursday, August 29th. View Nelnet's Dividend History.

How were Nelnet's earnings last quarter?

Nelnet, Inc. (NYSE:NNI) released its quarterly earnings results on Thursday, August, 8th. The credit services provider reported $1.32 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.24 by $0.08. The credit services provider earned $241.97 million during the quarter, compared to analyst estimates of $281 million. Nelnet had a return on equity of 9.61% and a net margin of 7.45%. During the same quarter in the prior year, the firm earned $1.30 EPS. View Nelnet's Earnings History.

When is Nelnet's next earnings date?

Nelnet is scheduled to release their next quarterly earnings announcement on Thursday, November 14th 2019. View Earnings Estimates for Nelnet.

Has Nelnet been receiving favorable news coverage?

News coverage about NNI stock has been trending negative this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Nelnet earned a media sentiment score of -2.3 on InfoTrie's scale. They also gave media stories about the credit services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Nelnet.

Are investors shorting Nelnet?

Nelnet saw a decline in short interest during the month of July. As of July 15th, there was short interest totalling 254,400 shares, a decline of 8.1% from the June 15th total of 276,900 shares. Based on an average daily volume of 65,500 shares, the short-interest ratio is currently 3.9 days. Approximately 1.3% of the shares of the company are short sold. View Nelnet's Current Options Chain.

Who are some of Nelnet's key competitors?

What other stocks do shareholders of Nelnet own?

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 55)

Who are Nelnet's major shareholders?

Nelnet's stock is owned by many different of retail and institutional investors. Top institutional investors include Farmers & Merchants Investments Inc. (3.97%), Vanguard Group Inc. (3.81%), BlackRock Inc. (3.34%), Magnolia Group LLC (2.83%), LSV Asset Management (1.44%) and Northern Trust Corp (0.98%). 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 institutional investors are selling Nelnet stock?

NNI stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, Vanguard Group Inc., Foundry Partners LLC, Invesco Ltd., AQR Capital Management LLC, BlackRock Inc., Prudential Financial Inc. and Parametric Portfolio Associates LLC. View Insider Buying and Selling for Nelnet.

Which institutional investors are buying Nelnet stock?

NNI stock was purchased by a variety of institutional investors in the last quarter, including Farmers & Merchants Investments Inc., Magnolia Group LLC, Nuveen Asset Management LLC, Citadel Advisors LLC, Bogle Investment Management L P DE, Renaissance Technologies LLC, Hussman Strategic Advisors Inc. and Amundi Pioneer Asset Management Inc.. View Insider Buying and Selling for Nelnet.

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 $66.81.

How big of a company is Nelnet?

Nelnet has a market capitalization of $2.65 billion and generates $1.76 billion in revenue each year. Nelnet employs 6,200 workers across the globe.View Additional Information About Nelnet.

What is Nelnet's official website?

The official website for Nelnet is http://www.nelnet.com/.

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]


MarketBeat Community Rating for Nelnet (NYSE NNI)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  225 (Vote Outperform)
Underperform Votes:  173 (Vote Underperform)
Total Votes:  398
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.
This page was last updated on 8/18/2019 by MarketBeat.com Staff

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