NYSE:NNI - Nelnet Stock Price, Price Target & More

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

Nelnet declared a quarterly dividend on Wednesday, May 9th. Investors of record on Friday, June 1st will be given a dividend of $0.16 per share on Friday, June 15th. This represents a $0.64 annualized dividend and a dividend yield of 1.05%. The ex-dividend date is Thursday, May 31st. View Nelnet's Dividend History.

Nelnet, Inc. (NYSE:NNI) released its quarterly earnings results on Tuesday, May, 8th. The credit services provider reported $1.67 earnings per share for the quarter, beating the consensus estimate of $1.36 by $0.31. The credit services provider had revenue of $322.21 million for the quarter. Nelnet had a net margin of 17.43% and a return on equity of 9.28%. During the same period in the prior year, the business earned $1.23 earnings per share. View Nelnet's Earnings History.

2 brokerages have issued twelve-month price targets for Nelnet's stock. Their predictions range from $52.00 to $55.00. On average, they expect Nelnet's stock price to reach $53.50 in the next year. This suggests that the stock has a possible downside of 12.6%. View Analyst Ratings for Nelnet.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nelnet in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Nelnet include Credit Acceptance (CACC), Santander Consumer USA (SC), SLM (SLM), OneMain (OMF), Enova International (ENVA), PROVIDENT Finl/S (FPLPY), World Acceptance (WRLD), Oaktree Specialty Lending (OCSL), Regional Management (RM), Atlanticus (ATLC), IEG (IEGH), IEG (IEGH) and "Mr. Amazing Loans Corporation" (MRAL).

Press coverage about NNI stock has been trending somewhat positive this week, according to Accern. Accern identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Nelnet earned a media sentiment score of 0.06 on Accern's scale. They also gave news coverage about the credit services provider an impact score of 45.86 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Nelnet's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include James Investment Research Inc. (0.61%), Foundry Partners LLC (0.40%), Bank of Montreal Can (0.08%) and Hartford Investment Management Co. (0.01%). 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.

NNI stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can and James Investment Research Inc.. Company insiders that have sold Nelnet company stock in the last year include Angie Muhleisen, Kathleen Anne Farrell, Michael D Reardon and William J Munn. View Insider Buying and Selling for Nelnet.

NNI stock was bought by a variety of institutional investors in the last quarter, including Foundry Partners LLC and Hartford Investment Management Co.. View Insider Buying and Selling for 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.

One share of NNI stock can currently be purchased for approximately $61.22.

Nelnet has a market capitalization of $2.49 billion and generates $1.20 billion in revenue each year. Nelnet employs 4,300 workers across the globe.

Nelnet's mailing address is 121 SOUTH 13TH ST SUITE 100, LINCOLN NE, 68508. The credit services provider can be reached via phone at 402-458-2370 or via email at [email protected]