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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
3 Value Stocks Too Small For Buffett’s Portfolio
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
3 Value Stocks Too Small For Buffett’s Portfolio
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
3 Value Stocks Too Small For Buffett’s Portfolio
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NYSE:NNI

Nelnet (NNI) Stock Price, News & Analysis

$94.64
+1.31 (+1.40%)
(As of 03/28/2024 ET)
Today's Range
$93.80
$94.71
50-Day Range
$84.96
$93.33
52-Week Range
$81.67
$101.60
Volume
180,135 shs
Average Volume
92,332 shs
Market Capitalization
$3.51 billion
P/E Ratio
38.79
Dividend Yield
1.18%
Price Target
$95.00

Nelnet MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
0.6% Upside
$95.00 Price Target
Short Interest
Healthy
1.41% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.11
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
10.58%
From $5.20 to $5.75 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.07 out of 5 stars

Finance Sector

274th out of 850 stocks

Personal Credit Institutions Industry

6th out of 13 stocks

NNI stock logo

About Nelnet Stock (NYSE:NNI)

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.

NNI Stock Price History

NNI Stock News Headlines

Nelnet, Inc. (NNI)
[BUY ALERT] Our #1 A.I. Stock for March
It's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.
Nelnet Full Year 2023 Earnings: Misses Expectations
Nelnet, Inc.: Nelnet Reports Fourth Quarter 2023 Results
Nelnet Reports Fourth Quarter 2023 Results
What Wall Street expects from Nelnet's earnings
[BUY ALERT] Our #1 A.I. Stock for March
It's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.
Earnings Outlook For Nelnet
Nelnet Inc. Cl A
Nelnet: The Compounding Conglomerate
Nelnet Reports Third Quarter 2023 Results
See More Headlines
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Company Calendar

Last Earnings
2/27/2024
Ex-Dividend for 3/15 Dividend
2/29/2024
Dividend Payable
3/15/2024
Today
3/28/2024
Next Earnings (Estimated)
5/13/2024
Fiscal Year End
12/31/2024

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
$95.00
High Stock Price Target
$95.00
Low Stock Price Target
$95.00
Potential Upside/Downside
+0.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$91.53 million
Pretax Margin
3.59%

Debt

Sales & Book Value

Annual Sales
$2.06 billion
Cash Flow
$7.41 per share
Book Value
$86.93 per share

Miscellaneous

Free Float
18,409,000
Market Cap
$3.50 billion
Optionable
Optionable
Beta
0.85
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Key Executives

  • Mr. Michael Sullivan Dunlap (Age 61)
    Executive Chairman of the Board
    Comp: $1.25M
  • Mr. Jeffrey R. Noordhoek (Age 58)
    Chief Executive Officer
    Comp: $1.72M
  • Mr. Timothy Alan Tewes (Age 65)
    President
    Comp: $1.69M
  • Mr. James D. Kruger (Age 61)
    Chief Financial Officer
    Comp: $1.76M
  • Mr. Terry J. Heimes (Age 60)
    Chief Operating Officer
    Comp: $1.74M
  • Mr. Matthew W. Dunlap (Age 35)
    Chief Business Development Officer & Director
    Comp: $205.17k
  • Mr. Phil Morgan
    Investor Relations Contact
  • Mr. William J. MunnMr. William J. Munn (Age 56)
    Corporate Secretary, Chief Governance Officer & General Counsel
    Comp: $434.16k
  • Ms. Jackie Strohbehn
    President of Nelnet Campus Commerce

NNI Stock Analysis - Frequently Asked Questions

Should I buy or sell Nelnet stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nelnet in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" NNI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NNI, but not buy additional shares or sell existing shares.
View NNI analyst ratings
or view top-rated stocks.

What is Nelnet's stock price target for 2024?

1 Wall Street research analysts have issued 1 year price objectives for Nelnet's stock. Their NNI share price targets range from $95.00 to $95.00. On average, they expect the company's share price to reach $95.00 in the next year. This suggests a possible upside of 0.6% from the stock's current price.
View analysts price targets for NNI
or view top-rated stocks among Wall Street analysts.

How have NNI shares performed in 2024?

Nelnet's stock was trading at $88.22 at the beginning of 2024. Since then, NNI stock has increased by 7.0% and is now trading at $94.41.
View the best growth stocks for 2024 here
.

Are investors shorting Nelnet?

Nelnet saw a increase in short interest in February. As of February 29th, there was short interest totaling 210,200 shares, an increase of 29.0% from the February 14th total of 163,000 shares. Based on an average trading volume of 89,900 shares, the short-interest ratio is currently 2.3 days. Approximately 1.2% of the shares of the company are sold short.
View Nelnet's Short Interest
.

When is Nelnet's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our NNI earnings forecast
.

How were Nelnet's earnings last quarter?

Nelnet, Inc. (NYSE:NNI) issued its quarterly earnings results on Tuesday, February, 27th. The credit services provider reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of $1.15 by $1.19. The credit services provider earned $260.66 million during the quarter. Nelnet had a trailing twelve-month return on equity of 3.81% and a net margin of 4.43%.

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

Nelnet announced a quarterly dividend on Thursday, February 1st. Stockholders of record on Friday, March 1st will be paid a dividend of $0.28 per share on Friday, March 15th. This represents a $1.12 annualized dividend and a dividend yield of 1.19%. The ex-dividend date of this dividend is Thursday, February 29th.
Read our dividend analysis for NNI
.

Is Nelnet a good dividend stock?

Nelnet (NYSE:NNI) pays an annual dividend of $1.12 per share and currently has a dividend yield of 1.21%. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 45.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NNI will have a dividend payout ratio of 19.48% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NNI.

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

187 employees have rated Nelnet Chief Executive Officer Mike Dunlap on Glassdoor.com. Mike Dunlap has an approval rating of 83% among the company's employees.

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).

Who are Nelnet's major shareholders?

Nelnet's stock is owned by a number of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (5.56%), Vanguard Group Inc. (3.51%), Vanguard Group Inc. (3.54%), Farmers & Merchants Investments Inc. (3.19%), Northern Trust Corp (0.68%) and Charles Schwab Investment Management Inc. (0.50%). Insiders that own company stock include Deun Jona M Van, Shelby J Butterfield, Shelby J Butterfield and William J Munn.
View institutional ownership trends
.

How do I buy shares of Nelnet?

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.

This page (NYSE:NNI) was last updated on 3/28/2024 by MarketBeat.com Staff

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