Nelnet, Inc. (NNI)
| Market Cap | 3.73B |
| Revenue (ttm) | 1.35B |
| Net Income (ttm) | 184.05M |
| Shares Out | 36.29M |
| EPS (ttm) | 5.02 |
| PE Ratio | 20.46 |
| Forward PE | 15.69 |
| Dividend | $1.12 (1.09%) |
| Ex-Dividend Date | Feb 28, 2025 |
| Volume | 84,290 |
| Open | 103.57 |
| Previous Close | 106.70 |
| Day's Range | 101.39 - 104.95 |
| 52-Week Range | 92.24 - 127.32 |
| Beta | 0.89 |
| Analysts | Hold |
| Price Target | 98.00 (-4.65%) |
| Earnings Date | May 8, 2025 |
About NNI
Nelnet, Inc. engages in loan servicing, education technology services, and payment businesses worldwide. The company operates through four segments: Loan Servicing and Systems, Education Technology Services and Payments, Asset Generation and Management, and Nelnet Bank. The Loan Servicing and Systems segment provides loan conversion, application processing, borrower updates, customer, payment processing, due diligence procedures, funds management reconciliation, and claim processing services. This segment also offers student loan servicing soft... [Read more]
Financial Performance
In 2024, Nelnet's revenue was $1.35 billion, an increase of 15.70% compared to the previous year's $1.17 billion. Earnings were $184.05 million, an increase of 104.89%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for NNI stock is "Hold" and the 12-month stock price forecast is $98.0.
News
Nelnet: Consistent Value Creation Not Being Rewarded By The Market
Nelnet continues to generate solid cash flows, which management is strategically deploying where it identifies the greatest opportunities for return. Nelnet's software and payments business, NBS, cont...
Nelnet Reports Fourth Quarter 2024 Results
LINCOLN, Neb. , Feb. 27, 2025 /PRNewswire/ -- Nelnet (NYSE: NNI) today reported GAAP net income of $63.2 million, or $1.73 per share, for the fourth quarter of 2024, compared with a GAAP net loss of $...
Nelnet to Announce Fourth Quarter Results; Board Approves Dividend
LINCOLN, Neb. , Jan. 30, 2025 /PRNewswire/ -- Nelnet, Inc. (NYSE: NNI) today announced the Nelnet Board of Directors declared a first quarter cash dividend on the company's outstanding shares of Class...
Nelnet and Edge Focus Deepen Partnership
NEW YORK--(BUSINESS WIRE)--Edge Focus, a leading fintech company focused on consumer finance, announced today a strategic investment by Nelnet, Inc. (NYSE: NNI), a financial services company specializ...
Nelnet Reports Third Quarter 2024 Results
LINCOLN, Neb. , Nov. 7, 2024 /PRNewswire/ -- Nelnet (NYSE: NNI) today reported GAAP net income of $2.4 million, or $0.07 per share, for the third quarter of 2024, compared with GAAP net income of $44....
Nelnet to Announce Third Quarter Results
LINCOLN, Neb. , Oct. 14, 2024 /PRNewswire/ -- Nelnet, Inc. (NYSE: NNI) today announced it will release earnings for the third quarter ended September 30, 2024, after the close of the New York Stock Ex...
Nelnet: Attractive Valuation At A Large Discount To Intrinsic Value
Shares have risen 20% since my previous recommendation where I estimated intrinsic value per share of $145. Owing to strong performance within Nelnet Business Services, where income grew 42% year over...
Nelnet Reports Second Quarter 2024 Results
LINCOLN, Neb. , Aug. 8, 2024 /PRNewswire/ -- Nelnet (NYSE: NNI) today reported GAAP net income of $45.1 million, or $1.23 per share, for the second quarter of 2024, compared with GAAP net income of $...
FACTS Expands Education Technology Suite to Serve Corporate and Faith-Based Organizations
LINCOLN, Neb. , July 23, 2024 /PRNewswire/ -- FACTS®, a Nelnet company (NYSE: NNI), announced at the recent FACTS Elevate Conference the consolidation of multiple Nelnet brands into the FACTS brand.
Nelnet to Announce Second Quarter Results
LINCOLN, Neb. , July 11, 2024 /PRNewswire/ -- Nelnet, Inc. (NYSE: NNI) today announced it will release earnings for the second quarter ended June 30, 2024, after the close of the New York Stock Exchan...
Nelnet Reports First Quarter 2024 Results
LINCOLN, Neb. , May 9, 2024 /PRNewswire/ -- Nelnet (NYSE: NNI) today reported GAAP net income of $73.2 million, or $1.97 per share, for the first quarter of 2024, compared with GAAP net income of $26....
Nelnet: An Appealing Valuation Emerges After A Challenging 2023
Nelnet is a conglomerate with ownership in high-quality businesses, trading at a large discount to its intrinsic value. Management has a long history of consistently increasing shareholder returns thr...
Nelnet to Announce First Quarter Results
LINCOLN, Neb. , April 17, 2024 /PRNewswire/ -- Nelnet, Inc. (NYSE: NNI) today announced it will release earnings for the first quarter ended March 31, 2024, after the close of the New York Stock Excha...
Nelnet Renewable Energy Sharpens Focus on Commercial Solar
LINCOLN, Neb. , April 12, 2024 /PRNewswire/ -- Nelnet Renewable Energy today announced a strategic shift in its solar engineering, procurement, and construction (EPC) operations to focus exclusively o...
Sunrock DG and Nelnet Partner for Renewable Distributed Generation Projects
NEW YORK , April 11, 2024 /PRNewswire/ -- Sunrock Distributed Generation, a commercial solar and clean energy development and management platform, announces today its tax equity partnership with Nelne...
Nelnet Reports Fourth Quarter 2023 Results
LINCOLN, Neb. , Feb. 27, 2024 /PRNewswire/ -- Nelnet (NYSE: NNI) today reported a GAAP net loss of $8.6 million, or $0.23 per share, for the fourth quarter of 2023, compared with GAAP net income of $3...
19 Upcoming Dividend Increases, Including 3 Kings
Three dividend kings are featured this week: Stepan Company, Tennant Company, and Lancaster Colony Corporation. December is the last opportunity for companies to announce yearly dividend increases. Ta...
Nike, Merck Among 13 Companies To Announce Annual Dividend Increases In Second Half Of November
Investors were rewarded with 10%+ dividend increases from Snap-on Tools and ADP in the first half of November. Other companies that rewarded investors in the first two weeks of the month were Emerson,...
Nelnet Reports Third Quarter 2023 Results
LINCOLN, Neb. , Nov. 7, 2023 /PRNewswire/ -- Nelnet (NYSE: NNI) today reported GAAP net income of $45.3 million, or $1.21 per share, for the third quarter of 2023, compared with GAAP net income of $10...
Federman & Sherwood Announces Recent Success Against Nelnet, Inc. and the Oklahoma Student Loan Authority
OKLAHOMA CITY--(BUSINESS WIRE)---- $Nelnet #DataBreach--Federman & Sherwood successfully opposed two motions to dismiss in the pending data breach litigation against Nelnet, Inc. and the Oklahoma Stud...
Student Loan Stocks Drop Ahead of Restart of Payments
Stocks of companies related to student loans have experienced a drop in value ahead of the restart of student loan payments after a three-year pause and amid the Biden administration's efforts to canc...
GRNE Solar Rebrands as Nelnet Renewable Energy
LINCOLN, Neb. , Aug. 8, 2023 /PRNewswire/ -- GRNE Solar, a premier solar engineering, procurement and construction (EPC) firm, announced today it has transitioned to the Nelnet Renewable Energy brand.
Nelnet Reports Second Quarter 2023 Results
LINCOLN, Neb. , Aug. 7, 2023 /PRNewswire/ -- Nelnet (NYSE: NNI) today reported GAAP net income of $28.3 million, or $0.75 per share, for the second quarter of 2023, compared with GAAP net income of $8...
Nelnet Awarded GSA Schedule to Expand Support for Government Agencies
LINCOLN, Neb. , July 26, 2023 /PRNewswire/ -- Nelnet (NYSE: NNI), a student loan servicing, back-office, contact center, and technology provider for government agencies, is pleased to announce its lat...
Nelnet Reports First Quarter 2023 Results
LINCOLN, Neb. , May 8, 2023 /PRNewswire/ -- Nelnet (NYSE: NNI) today reported GAAP net income of $26.5 million, or $0.71 per share, for the first quarter of 2023, compared with GAAP net income of $186...