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

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$61.22 +0.06 (+0.10 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$61.22
Today's Range$60.73 - $61.47
52-Week Range$43.92 - $64.00
Volume39,580 shs
Average Volume64,715 shs
Market Capitalization$2.49 billion
P/E Ratio12.58
Dividend Yield1.05%
Beta0.87
Nelnet logoNelnet, 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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Personal credit institutions
Sub-IndustryConsumer Finance
SectorFinance
SymbolNYSE:NNI
CUSIP64031N10
Phone402-458-2370

Debt

Debt-to-Equity Ratio9.45
Current Ratio127.47
Quick Ratio127.47

Price-To-Earnings

Trailing P/E Ratio12.58
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.20 billion
Price / Sales2.07
Cash Flow$7.9198 per share
Price / Cash7.73
Book Value$53.06 per share
Price / Book1.15

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$173.16 million
Net Margins17.43%
Return on Equity9.28%
Return on Assets0.82%

Miscellaneous

Employees4,300
Outstanding Shares40,680,000
Market Cap$2,487.99

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 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.

How were Nelnet's earnings last quarter?

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.

What price target have analysts set for NNI?

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.

What is the consensus analysts' recommendation 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."

Who are some of Nelnet's key competitors?

Who are Nelnet's key executives?

Nelnet's management team includes the folowing people:
  • Mr. Michael Sullivan Dunlap, Exec. Chairman (Age 54)
  • Mr. Jeffrey R. Noordhoek, Chief Exec. Officer (Age 52)
  • Mr. Timothy A. Tewes, Pres (Age 59)
  • Mr. James D. Kruger, CFO & Principal Accounting Officer (Age 55)
  • Mr. Terry J. Heimes, Chief Operating Officer (Age 53)

Has Nelnet been receiving favorable news coverage?

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.

Who are Nelnet's major shareholders?

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.

Which institutional investors are selling Nelnet stock?

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.

Which institutional investors are buying Nelnet stock?

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.

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 $61.22.

How big of a company is Nelnet?

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.

How can I contact Nelnet?

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]


MarketBeat Community Rating for Nelnet (NYSE NNI)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  175 (Vote Outperform)
Underperform Votes:  117 (Vote Underperform)
Total Votes:  292
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 7/21/2018 by MarketBeat.com Staff

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