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Nelnet, Inc. (NNI)

Stock Price: $66.20 USD 0.49 (0.75%)
Updated Oct 23, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 2.54B
Revenue (ttm) 1.03B
Net Income (ttm) 121.54M
Shares Out 27.15M
EPS (ttm) 3.06
PE Ratio 21.63
Forward PE 10.95
Dividend $0.80
Dividend Yield 1.21%

Stock Quote

Trading Day Oct 23, 2020
Last Price $66.20
Previous Close $65.71
Change ($) 0.49
Change (%) 0.75%
Day's Open 65.95
Day's Range 65.39 - 66.58
Day's Volume 45,387
52-Week Range 36.70 - 68.67

More Stats

Market Cap 2.54B
Enterprise Value 21.34B
Earnings Date (est) Nov 5, 2020
Ex-Dividend Date Aug 31, 2020
Shares Outstanding 27.15M
Float 17.45M
EPS (basic) 3.09
EPS (diluted) 3.06
FCF / Share 2.94
Dividend $0.80
Dividend Yield 1.21%
Earnings Yield 4.62%
FCF Yield 4.55%
Payout Ratio 25.20%
Shares Short 166,943
Short Ratio 2.14
Short % of Float 0.96%
Beta 0.65
PE Ratio 21.63
Forward PE 10.95
P/FCF Ratio 21.99
PS Ratio 2.45
PB Ratio 1.08
Revenue 1.03B
Operating Income 150.80M
Net Income 121.54M
Free Cash Flow 115.37M
Net Cash -18.80B
Net Cash / Share -490.68
Gross Margin 87.62%
Operating Margin 14.57%
Profit Margin 11.70%
FCF Margin 11.15%
ROA 0.52%
ROE 5.22%
ROIC 0.40%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (1)

Buy 0
Overweight 0
Hold 1
Underweight 0
Sell 0

Analyst Consensus: Hold

Price Target

$55.00*
Low
55.0
Current: $66.20
High
55.0
Target: 55.00
*Average 12-month price target from 1 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue1,0421,064770883890922895708729806
Revenue Growth-2.1%38.19%-12.84%-0.74%-3.49%3.08%26.33%-2.93%-9.49%-
Gross Profit940987711832890922895708729806
Operating Income177286227399451497489275322302
Net Income142228173257268308303178204189
Shares Outstanding40.0540.9141.7942.6745.5346.4746.5747.3748.1649.13
Earnings Per Share3.545.574.146.025.896.626.503.764.243.81
EPS Growth-36.45%34.54%-31.23%2.21%-11.03%1.85%72.87%-11.32%11.29%-
Dividend Per Share0.740.660.580.500.420.400.401.400.370.70
Dividend Growth12.12%13.79%16%19.05%5%0%-71.43%278.38%-47.14%-
Operating Cash Flow299271322300391357387299311195
Capital Expenditures-92.50-125-156-67.60-16.76-26.49-17.01-9.94-14.17-12.77
Free Cash Flow206146166233375331370289297182
Cash & Equivalents1,2231,1929421,1701,0411,0999669787671,041
Total Debt20,52922,21921,36424,74628,18128,06025,97325,17024,47824,689
Net Cash / Debt-19,306-21,026-20,422-23,576-27,140-26,961-25,007-24,192-23,712-23,647
Assets23,70925,22123,96427,19330,41930,09827,77126,60825,85225,894
Liabilities21,31822,90621,79925,12228,52728,37226,32725,44324,78624,987
Book Value2,3872,3042,1502,0621,8841,7251,4441,1651,066907
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Nelnet, Inc.
Country United States
Employees 6,600
CEO Jeffrey R. Noordhoek

Stock Information

Ticker Symbol NNI
Stock Exchange New York Stock Exchange
Sector Financial Services
Industry Credit Services
Unique Identifier NYSE: NNI
IPO Date December 11, 2003

Description

Nelnet 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 outsourcing services specialized in contact center management, such as inbound calls, outreach campaigns and sales, and interacting with customers through multi-channels. The Education Technology, Services, and Payment Processing segment offers financial management services; assistance with financial needs assessment; school information system software that automates administrative processes; professional development and educational instruction services; and technology products that aid in teacher and student evaluations. It also offers technology and payments services, including electronic transfer and credit card processing, reporting, billing and invoicing, mobile and virtual terminal solutions, and specialized integrations to business software; and mobile first technology focused on increasing engagement, online giving, and communication for church and not-for-profit customers. Its Communications segment fiber optic service to homes and businesses for internet, television, and telephone services. Its data services include high-speed internet access; telephone services comprise local and long distance telephone service, hostedPBX services, and other services. Its Asset Generation and Management segment acquires, manages, and owns loan assets. It also provides investment advisory services. The company was founded in 1978 and is headquartered in Lincoln, Nebraska.