NYSE:NNI

Nelnet Stock Forecast, Price & News

$76.41
-0.39 (-0.51 %)
(As of 06/17/2021 12:00 AM ET)
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Today's Range
$75.09
$77.45
50-Day Range
$73.02
$77.67
52-Week Range
$44.33
$79.21
Volume91,842 shs
Average Volume64,879 shs
Market Capitalization$2.94 billion
P/E Ratio5.72
Dividend Yield1.15%
Beta0.72
30 days | 90 days | 365 days | Advanced Chart
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Nelnet logo

About Nelnet

Nelnet, Inc. engages in loan servicing, communications, and education technology, services, and payment processing businesses 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. This segment also provides student loan servicing software; business process outsourcing services specialized in contact center management, such as inbound calls, outreach campaigns and sales, and interacting with customers through multi-channels. The Education Technology, Services, and Payment Processing segment offers financial management services; assistance with financial needs assessment; school information system software that automates administrative processes; professional development and educational instruction services; and technology products that aid in teacher and student evaluations. It also offers technology and payments services, including electronic transfer and credit card processing, reporting, billing and invoicing, mobile and virtual terminal solutions, and specialized integrations to business software; and mobile first technology focused on increasing engagement, online giving, and communication for church and not-for-profit customers. Its Communications segment fiber optic service to homes and businesses for internet, television, and telephone services. Its data services include high-speed internet access; and telephone services comprise local and long distance telephone, hostedPBX, and other services. 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

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Profitability

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Miscellaneous


MarketRank

Overall MarketRank

1.42 out of 5 stars

Finance Sector

750th out of 1,974 stocks

Personal Credit Institutions Industry

10th out of 16 stocks

Analyst Opinion: 1.5Community Rank: 2.7Dividend Strength: 0.8Insider Behavior: 0.8Valuation: 1.3 5 -4 -3 -2 -1 -
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Nelnet (NYSE:NNI) Frequently Asked Questions

Is Nelnet a buy right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nelnet in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Nelnet stock.
View analyst ratings for Nelnet
or view top-rated stocks.

What stocks does MarketBeat like better than Nelnet?

Wall Street analysts have given Nelnet a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Nelnet wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Nelnet's next earnings date?

Nelnet is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Nelnet
.

How were Nelnet's earnings last quarter?

Nelnet, Inc. (NYSE:NNI) issued its quarterly earnings data on Monday, May, 10th. The credit services provider reported $2.44 EPS for the quarter, beating the consensus estimate of $1.79 by $0.65. The credit services provider earned $340.44 million during the quarter, compared to analyst estimates of $298.23 million. Nelnet had a net margin of 30.06% and a trailing twelve-month return on equity of 19.48%. During the same quarter in the previous year, the business earned ($0.62) EPS.
View Nelnet's earnings history
.

How has Nelnet's stock price been impacted by COVID-19?

Nelnet's stock was trading at $47.84 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, NNI shares have increased by 59.7% and is now trading at $76.41.
View which stocks have been most impacted by COVID-19
.

How often does Nelnet pay dividends? What is the dividend yield for Nelnet?

Nelnet declared a quarterly dividend on Tuesday, May 11th. Shareholders of record on Monday, May 31st will be paid a dividend of $0.22 per share on Monday, June 14th. This represents a $0.88 dividend on an annualized basis and a yield of 1.15%. The ex-dividend date is Thursday, May 27th.
View Nelnet's dividend history
.

Is Nelnet a good dividend stock?

Nelnet pays an annual dividend of $0.88 per share and currently has a dividend yield of 1.15%.
View Nelnet's dividend history.

What price target have analysts set for NNI?

1 equities research analysts have issued 1-year target prices for Nelnet's shares. Their forecasts range from $75.00 to $75.00. On average, they anticipate Nelnet's share price to reach $75.00 in the next twelve months. This suggests that the stock has a possible downside of 1.8%.
View analysts' price targets for Nelnet
or view top-rated stocks among Wall Street analysts.

Who are Nelnet's key executives?

Nelnet's management team includes the following people:
  • Mr. Michael Sullivan Dunlap, Exec. Chairman (Age 57, Pay $1.51M)
  • Mr. Jeffrey R. Noordhoek, Chief Exec. Officer (Age 55, Pay $1.57M)
  • Mr. Timothy Alan Tewes, Pres (Age 62, Pay $1.46M)
  • Mr. James D. Kruger, Chief Financial Officer (Age 58, Pay $1.49M)
  • Mr. Terry J. Heimes, Chief Operating Officer (Age 57, Pay $1.64M)
  • Mr. Phil Morgan, Investor Relations Contact
  • Mr. William J. Munn, Corp. Sec., Chief Governance Officer & Gen. Counsel (Age 53)
  • Ms. Jackie Strohbehn, Pres of Nelnet Campus Commerce

What is Mike Dunlap's approval rating as Nelnet's CEO?

187 employees have rated Nelnet CEO Mike Dunlap on Glassdoor.com. Mike Dunlap has an approval rating of 83% among Nelnet's employees.

Who are some of Nelnet's key competitors?

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 variety of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (5.68%), Magnolia Group LLC (4.50%), Farmers & Merchants Investments Inc. (3.90%), BlackRock Inc. (3.54%), Geode Capital Management LLC (0.97%) and Northern Trust Corp (0.82%). Company insiders that own Nelnet stock include Michael S Dunlap, Shelby J Butterfield 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 Northern Trust Corp, Sycale Advisors NY LLC, Tiger Legatus Capital Management LLC, Dimensional Fund Advisors LP, Ennismore Fund Management Ltd, JPMorgan Chase & Co., Morgan Stanley, and Hillsdale Investment Management Inc.. Company insiders that have sold Nelnet company stock in the last year include Shelby J Butterfield, and William J Munn.
View insider buying and selling activity for Nelnet
or view top insider-selling stocks.

Which major investors are buying Nelnet stock?

NNI stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Magnolia Group LLC, Arrowstreet Capital Limited Partnership, Bar Harbor Trust Services, Renaissance Technologies LLC, Geode Capital Management LLC, Russell Investments Group Ltd., and Captrust Financial Advisors.
View insider buying and selling activity for Nelnet
or or view top insider-buying stocks.

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 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 $76.41.

How much money does Nelnet make?

Nelnet has a market capitalization of $2.94 billion and generates $1.73 billion in revenue each year.

How many employees does Nelnet have?

Nelnet employs 6,199 workers across the globe.

What is Nelnet's official website?

The official website for Nelnet is www.nelnet.com.

Where are Nelnet's headquarters?

Nelnet is headquartered at 121 SOUTH 13TH STREET SUITE 100, LINCOLN NE, 68508.

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]


This page was last updated on 6/17/2021 by MarketBeat.com Staff
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