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Nelnet (NNI) Stock Price, News & Analysis

Nelnet logo
$105.00 -0.35 (-0.33%)
(As of 09:30 AM ET)

About Nelnet Stock (NYSE:NNI)

Key Stats

Today's Range
$105.00
$105.00
50-Day Range
$105.33
$124.98
52-Week Range
$82.22
$127.32
Volume
894 shs
Average Volume
74,956 shs
Market Capitalization
$3.81 billion
P/E Ratio
34.54
Dividend Yield
1.07%
Price Target
$98.00
Consensus Rating
Hold

Company Overview

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. This segment also offers 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, and processing and technology services. The Education Technology Services and Payments segment provides financial management services; school information system software; website design and cost-effective admissions software; FACTS Giving, a donation platform; and customized professional development and coaching services, educational instruction services, and technology products that aid in teacher and student evaluations. This segment also offers tuition payment plans, and service and technology for student billings, payments, and refunds; solutions for in-person, online, and mobile payment experiences on campus; payment processing services, such as credit card and electronic transfer; faith community, giving, and learning management services and technologies; and an integrated commerce payment platform, financial management, and tuition payment plan services, as well as a school management platform that provides administrative, information and financial management, and communication functions for K-12 schools. The Asset Generation and Management segment acquires, manages, and owns loan assets. The Nelnet Bank segment operates as an internet industrial bank. It also offers investment advisory, insurance, and reinsurance services, as well as engages in real estate investment business. The company was incorporated in 1977 and is headquartered in Lincoln, Nebraska.

Nelnet Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
91st Percentile Overall Score

NNI MarketRank™: 

Nelnet scored higher than 91% of companies evaluated by MarketBeat, and ranked 147th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Nelnet has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Nelnet has received no research coverage in the past 90 days.

  • Read more about Nelnet's stock forecast and price target.
  • Earnings Growth

    Earnings for Nelnet are expected to grow by 30.53% in the coming year, from $4.52 to $5.90 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Nelnet is 34.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.73.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Nelnet is 34.54, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.28.

  • Price to Book Value per Share Ratio

    Nelnet has a P/B Ratio of 1.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Nelnet's valuation and earnings.
  • Percentage of Shares Shorted

    1.55% of the float of Nelnet has been sold short.
  • Short Interest Ratio / Days to Cover

    Nelnet has a short interest ratio ("days to cover") of 4.7.
  • Change versus previous month

    Short interest in Nelnet has recently decreased by 21.32%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Nelnet pays a meaningful dividend of 1.05%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Nelnet does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Nelnet is 36.84%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Nelnet will have a dividend payout ratio of 18.98% next year. This indicates that Nelnet will be able to sustain or increase its dividend.

  • Read more about Nelnet's dividend.
  • Percentage of Shares Shorted

    1.55% of the float of Nelnet has been sold short.
  • Short Interest Ratio / Days to Cover

    Nelnet has a short interest ratio ("days to cover") of 4.7.
  • Change versus previous month

    Short interest in Nelnet has recently decreased by 21.32%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Nelnet has a news sentiment score of 1.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Nelnet this week, compared to 2 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Nelnet insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $272,225.00 in company stock.

  • Percentage Held by Insiders

    50.10% of the stock of Nelnet is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 33.51% of the stock of Nelnet is held by institutions.

  • Read more about Nelnet's insider trading history.
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NNI Stock News Headlines

Nelnet, Inc. (NYSE:NNI) Insider Sells $272,225.00 in Stock
Director Van Deun Jona M Sells Shares of Nelnet Inc (NNI)
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The AI sector continues to make waves as we move into 2025, and now is a prime opportunity to get involved—without stretching your budget! We’ve just uncovered 2 promising AI stocks trading for under $10/share, and they’re positioned for impressive growth in the coming months.
Nelnet, Inc. (NNI): A Bull Case Theory
Nelnet: Q3 Earnings Miss, Revenue Slides
Nelnet’s Q3 2024 Results Show Income Decline
Nelnet Reports Third Quarter 2024 Results
See More Headlines

NNI Stock Analysis - Frequently Asked Questions

Nelnet's stock was trading at $88.22 at the start of the year. Since then, NNI shares have increased by 19.0% and is now trading at $105.00.
View the best growth stocks for 2024 here
.

Nelnet, Inc. (NYSE:NNI) posted its earnings results on Thursday, May, 9th. The credit services provider reported $1.81 EPS for the quarter, topping the consensus estimate of $1.37 by $0.44. The credit services provider had revenue of $579.96 million for the quarter. Nelnet had a net margin of 5.54% and a trailing twelve-month return on equity of 3.78%.

Top institutional investors of Nelnet include Farmers & Merchants Investments Inc. (3.26%), State Street Corp (1.04%), Geode Capital Management LLC (0.99%) and Charles Schwab Investment Management Inc. (0.55%). Insiders that own company stock include Kathleen Anne Farrell, William J Munn and Deun Jona M Van.
View institutional ownership trends
.

Shares of NNI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Nelnet investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), Tesla (TSLA), Visa (V) and JPMorgan Chase & Co. (JPM).

Company Calendar

Last Earnings
5/09/2024
Ex-Dividend for 9/13 Dividend
8/30/2024
Dividend Payable
9/13/2024
Today
11/21/2024
Ex-Dividend for 12/16 Dividend
12/02/2024
Dividend Payable
12/16/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/25/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Personal credit institutions
Sub-Industry
Consumer Finance
CUSIP
64031N10
Employees
7,550
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$98.00
High Stock Price Target
$98.00
Low Stock Price Target
$98.00
Potential Upside/Downside
-6.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$91.53 million
Pretax Margin
5.71%

Debt

Sales & Book Value

Annual Sales
$2.06 billion
Cash Flow
$7.16 per share
Book Value
$88.46 per share

Miscellaneous

Free Float
18,108,000
Market Cap
$3.81 billion
Optionable
Optionable
Beta
0.92

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This page (NYSE:NNI) was last updated on 11/21/2024 by MarketBeat.com Staff
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