Nelnet, Inc. (NNI)
| Market Cap | 3.35B |
| Revenue (ttm) | 1.48B |
| Net Income (ttm) | 495.59M |
| Shares Out | 38.24M |
| EPS (ttm) | 12.83 |
| PE Ratio | 6.83 |
| Forward PE | 12.97 |
| Dividend | $0.90 (1.03%) |
| Ex-Dividend Date | Nov 30, 2021 |
| Volume | 64,499 |
| Open | 87.04 |
| Previous Close | 89.63 |
| Day's Range | 86.57 - 88.95 |
| 52-Week Range | 67.14 - 87.85 |
| Beta | 0.67 |
| Analysts | Buy |
| Price Target | 92.00 (+4.9%) |
| Earnings Date | Nov 4, 2021 |
About NNI
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 outso...
Financial Performance
In 2020, Nelnet's revenue was $1.34 billion, an increase of 28.32% compared to the previous year's $1.04 billion. Earnings were $352.44 million, an increase of 148.54%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for Nelnet stock is "Buy" and the 12-month stock price forecast is 92.00.
News
Recap: Nelnet Q3 Earnings
Nelnet (NYSE:NNI) reported its Q3 earnings results on Monday, November 8, 2021 at 04:00 PM. Here's what investors need to know about the announcement.
Nelnet Reports Third Quarter 2021 Results
LINCOLN, Neb., Nov. 8, 2021 /PRNewswire/ -- Nelnet (NYSE: NNI) today reported GAAP net income of $53.1 million, or $1.38 per share, for the third quarter of 2021, compared with GAAP net income of $71.5 ...
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Nelnet's Earnings: A Preview
Nelnet (NYSE:NNI) is set to give its latest quarterly earnings report on Monday, 2021-11-08. Here's what investors need to know before the announcement.
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Northern Rivers Family of Services Supports Their Mission and Finds Savings by Partnering with Nelnet Renewable Energ...
ALBANY, N.Y., Nov. 4, 2021 /PRNewswire/ -- Nelnet Renewable Energy today announced Northern Rivers Family of Services ("Northern Rivers") as a partner and anchor tenant for community solar in upstate Ne...
Nelnet to Announce Third Quarter Results
LINCOLN, Neb., Oct. 13, 2021 /PRNewswire/ -- Nelnet, Inc. (NYSE: NNI) today announced it will release earnings for the third quarter ended September 30, 2021, after the close of the New York Stock Excha...
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Nelnet Reports Second Quarter 2021 Results
LINCOLN, Neb., Aug. 5, 2021 /PRNewswire/ -- Nelnet (NYSE: NNI) today reported GAAP net income of $83.9 million, or $2.16 per share, for the second quarter of 2021, compared with GAAP net income of $86.5...
Pluralytics Launches Revolutionary SaaS Platform to Ensure Companies Connect with Values-Driven Stakeholders in the W...
MINNEAPOLIS, Aug. 3, 2021 /PRNewswire/ -- Pluralytics, a natural language processing startup that is the first system using AI to match corporate language with customer values, today announced that it i...
Nelnet's Velocity System Maintains Effective Security Controls According to Recent SOC 1® and 2(SM) Reports for New L...
LINCOLN, Neb., July 23, 2021 /PRNewswire/ -- Nelnet Diversified Services (NDS), an experienced and trusted partner offering premier professional services and flexible, innovative technology solutions, a...
Nelnet to Announce Second Quarter Results
LINCOLN, Neb., July 9, 2021 /PRNewswire/ -- Nelnet, Inc. (NYSE: NNI) today announced it will release earnings for the second quarter ended June 30, 2021, after the close of the New York Stock Exchange o...
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Nelnet Renewable Energy and Six Co-Investors Complete $11.9 Million Solar Tax Equity Investment in the Northeast
LINCOLN, Neb., June 22, 2021 /PRNewswire/ -- On the heels of its record-breaking year for solar investments in 2020, Nelnet Renewable Energy, a brand of Nelnet, Inc. (NYSE: NNI), is proud to announce th...
Mike Rogers Named New National Sales Manager at Nelnet Campus Commerce
LINCOLN, Neb., June 8, 2021 /PRNewswire/ -- Nelnet Campus Commerce, a division of Nelnet, Inc. (NYSE: NNI) a leader in secure payment technology in higher education, today announced the addition of Mike...
Nelnet International Partners With Indonesian Thought Leaders To Explore The Future Of Education For Our Children
LINCOLN, Neb., June 4, 2021 /PRNewswire/ -- Nelnet International, a leading provider of education and payment platforms, is proud to announce the second event in our Indonesian series of Nelnet Internat...
ALLO Launches Program To Close Digital Divide
LINCOLN, Neb., May 13, 2021 /PRNewswire/ -- ALLO Communications has announced free 500 Mbps service and Wi-Fi router to households eligible under the Emergency Broadband Benefit Program, a new Federal C...
Maptician Secures $1.7 Million of Seed Round Funding
ATLANTA, May 11, 2021 /PRNewswire/ -- Maptician, the premier provider of intelligent space and occupancy management technology, announced today it has received an investment of $1.7 Million in funding l...
Nelnet: Q1 Earnings Insights
Shares of Nelnet (NYSE:NNI) rose in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share increased 293.55% over the past year to $2.44, which beat the estimat...
Nelnet Reports First Quarter 2021 Results
LINCOLN, Neb., May 10, 2021 /PRNewswire/ -- Nelnet (NYSE: NNI) today reported GAAP net income of $123.6 million, or $3.20 per share, for the first quarter of 2021, compared with a GAAP net loss of $40.5...
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Nelnet to Announce First Quarter Results
LINCOLN, Neb., April 13, 2021 /PRNewswire/ -- Nelnet, Inc. (NYSE: NNI) today announced it will release earnings for the first quarter ended March 31, 2021, after the close of the New York Stock Exchange...
Nelnet Renewable Energy Partners with Three Co-Investors to Complete $9.9 Million Solar Tax Equity Investment in the ...
LINCOLN, Neb., April 5, 2021 /PRNewswire/ -- Nelnet Renewable Energy, a leading solar tax equity investor and fund manager, today announced the completion of a $9.9 million solar tax equity investment i...
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