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NelnetNYSE: NNI

Profile

Country:

United States

IPO:

12 December 2003

Next earnings report:

27 February 2025

Last dividends:

30 August 2024

Next dividends:

02 December 2024
$3.76 B
-18%vs. 3y high
75%vs. sector
-18%vs. 3y high
79%vs. sector
-18%vs. 3y high
42%vs. sector
-18%vs. 3y high
52%vs. sector

Price

pre-market | 23 min ago
$103.49-$2.81(-2.64%)
$266.44 M$335.50 M
$266.44 M$2.39 M

Analysts recommendations

Institutional Ownership

NNI Latest News

Nelnet Reports Third Quarter 2024 Results
prnewswire.com07 November 2024 Sentiment: NEGATIVE

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 $44.4 million, or $1.18 per share, for the same period a year ago.

Nelnet to Announce Third Quarter Results
https://www.prnewswire.com/news-releases/nelnet-to-announce-third-quarter-results-302275558.html14 October 2024 Sentiment: NEUTRAL

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 Exchange on Thursday, November 7, 2024.

Nelnet: Attractive Valuation At A Large Discount To Intrinsic Value
seekingalpha.com19 September 2024 Sentiment: POSITIVE

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 year in Q2, I have raised my estimate for intrinsic value to $162 per share. Meanwhile management continues to return capital to shareholders through dividends and buybacks.

Nelnet Reports Second Quarter 2024 Results
prnewswire.com08 August 2024 Sentiment: POSITIVE

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 $27.4 million, or $0.73 per share, for the same period a year ago.

Nelnet (NNI) Upgraded to Strong Buy: Here's What You Should Know
zacks.com29 July 2024 Sentiment: POSITIVE

Nelnet (NNI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Nelnet to Announce Second Quarter Results
prnewswire.com11 July 2024 Sentiment: POSITIVE

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 Exchange on Thursday, August 8, 2024.

Nelnet: An Appealing Valuation Emerges After A Challenging 2023
Seeking Alpha04 May 2024 Sentiment: POSITIVE

Nelnet is a diversified company that owns stakes in top-performing businesses, currently priced below its true worth. Its management has a proven track record of enhancing shareholder returns by making wise investment decisions. Despite trading slightly above book value, the company offers a favorable risk-to-reward ratio for potential investors.

This Hidden Dividend Grower Can Provide Monster Returns for Your Portfolio
The Motley Fool21 August 2023 Sentiment: POSITIVE

Nelnet has a strong track record of growth, similar to Berkshire Hathaway. The company did well with its student loan business but is now diversifying out of the industry.

Student loan ‘train wreck': As return of regular payments loom, servicers have less staff to field expected deluge of calls
Market Watch09 April 2023 Sentiment: NEGATIVE

Borrowers are slated to resume student loan payments in a few months and if they need help, it may be harder to get someone on the phone than in the recent past.

What type of business is Nelnet?

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.

What sector is Nelnet in?

Nelnet is in the Financial Services sector

What industry is Nelnet in?

Nelnet is in the Credit Services industry

What country is Nelnet from?

Nelnet is headquartered in United States

When did Nelnet go public?

Nelnet initial public offering (IPO) was on 12 December 2003

What is Nelnet website?

https://www.nelnet.com

Is Nelnet in the S&P 500?

No, Nelnet is not included in the S&P 500 index

Is Nelnet in the NASDAQ 100?

No, Nelnet is not included in the NASDAQ 100 index

Is Nelnet in the Dow Jones?

No, Nelnet is not included in the Dow Jones index

When was Nelnet the previous earnings report?

No data

When does Nelnet earnings report?

The next expected earnings date for Nelnet is 27 February 2025