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Nelnet, Inc. (NNI)

NYSE: NNI · IEX Real-Time Price · USD
87.70 -1.93 (-2.15%)
Nov 26, 2021 1:00 PM EST - Market closed
Market Cap3.35B
Revenue (ttm)1.48B
Net Income (ttm)495.59M
Shares Out38.24M
EPS (ttm)12.83
PE Ratio6.83
Forward PE12.97
Dividend$0.90 (1.03%)
Ex-Dividend DateNov 30, 2021
Volume64,499
Open87.04
Previous Close89.63
Day's Range86.57 - 88.95
52-Week Range67.14 - 87.85
Beta0.67
AnalystsBuy
Price Target92.00 (+4.9%)
Earnings DateNov 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...

IndustryConsumer Finance
IPO DateDec 11, 2003
CEOJeffrey Noordhoek
Employees6,199
Stock ExchangeNYSE
Ticker SymbolNNI
Full Company Profile

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 Statements

Analyst Forecast

According to one analyst, the rating for Nelnet stock is "Buy" and the 12-month stock price forecast is 92.00.

Price Target
$92.00
(4.90% upside)
Analyst Consensus: Buy

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.

2 weeks ago - Benzinga

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 ...

2 weeks ago - PRNewsWire

2 Best Value Stocks to Buy Right Now

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2 weeks ago - The Motley Fool

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.

3 weeks ago - Benzinga

This 1 Stock Belongs In Any Investor's Portfolio

Growth, value, or anything in between, Nelnet stock fits the mold.

3 weeks ago - The Motley Fool

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...

3 weeks ago - PRNewsWire

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...

1 month ago - PRNewsWire

These 2 Stocks Are All-Stars in the Making

These two boring businesses could deliver outstanding returns.

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2 months ago - The Motley Fool

3 Bargain Stocks You Can Buy Today and Hold Forever

All three of these companies can be a permanent part of an investor's portfolio.

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2 months ago - The Motley Fool

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

5 Undervalued Stocks Trading Below the Peter Lynch Value

According to the GuruFocus All-in-One Screener, a Premium feature, as of June 28, the following companies are trading below their Peter Lynch fair values with wide margins of safety and have had positiv...

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4 months ago - GuruFocus

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...

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

6 months ago - Benzinga

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...

6 months ago - PRNewsWire

These 3 Value Stocks Are Absurdly Cheap Right Now

Even with a history of growth, investors continue to underestimate these companies.

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6 months ago - The Motley Fool

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...

7 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

These 2 Under-the-Radar Stocks Are Great Buys Right Now

Both companies are underfollowed by Wall Street, but that might not be the case for long.

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7 months ago - The Motley Fool