Nelnet (NYSE:NNI - Get Free Report) is expected to announce its earnings results after the market closes on Tuesday, February 25th. Analysts expect the company to announce earnings of $1.23 per share and revenue of $335.00 million for the quarter.
Nelnet Price Performance
NYSE NNI traded up $0.54 on Friday, hitting $112.94. 53,100 shares of the company were exchanged, compared to its average volume of 38,068. The company has a current ratio of 31.47, a quick ratio of 31.47 and a debt-to-equity ratio of 2.78. The company has a market cap of $4.10 billion, a P/E ratio of 37.15 and a beta of 0.91. Nelnet has a 1-year low of $83.75 and a 1-year high of $127.32. The firm has a 50 day moving average of $108.82 and a two-hundred day moving average of $110.46.
Nelnet Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.28 per share. The ex-dividend date is Friday, February 28th. This represents a $1.12 annualized dividend and a dividend yield of 0.99%. Nelnet's dividend payout ratio (DPR) is currently 36.84%.
Analysts Set New Price Targets
Separately, StockNews.com upgraded shares of Nelnet from a "hold" rating to a "buy" rating in a research report on Wednesday, February 12th.
Check Out Our Latest Stock Analysis on Nelnet
About Nelnet
(
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Nelnet, Inc engages in loan servicing, communications, education technology, services, and payment processing businesses worldwide. The Loan Servicing and Systems segment provides loan conversion, application processing, borrower updates, customer service, payment processing, due diligence procedures, funds management reconciliation, and claim processing services.
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