Profile
Sector:
Financial ServicesIndustry:
Credit ServicesCountry:
United StatesIPO:
12 December 2003Website:
http://www.nelnet.comNext earnings report:
07 August 2024Last dividends:
31 May 2024Next dividends:
N/APrice
regular market | 6 min agoAnalysts recommendations
Institutional Ownership
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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.
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.
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 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; 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. It 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 engagement, giving management, 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 management, financial management, and communication functions for K-12 schools. The Communications segment provides fiber optic service to homes and businesses for internet, television, and telephone services. The Asset Generation and Management segment acquires, manages, and owns loan assets. The Nelnet Bank segment operates internet industrial banks. The company was founded in 1978 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 does Nelnet report earnings?
The next expected earnings date for Nelnet is 07 August 2024