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Nelnet Inc (NNI)
NYSE:NNI
Holding NNI?
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NNI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$81.67 - $116.13
Previous Close$113.54
Volume110.67K
Average Volume (3M)63.40K
Market Cap
$4.12B
Enterprise Value$13.61B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$9.57B
Price to Earnings (P/E)27.7
Beta0.71
Next Earnings
Nov 04, 2024EPS Estimate
$1.36Last Dividend Ex-Date
Aug 30, 2024Dividend Yield0.99%
Share Statistics
EPS (TTM)4.10
Shares Outstanding36,250,022
10 Day Avg. Volume84,665
30 Day Avg. Volume63,404
Standard Deviation0.07
R-Squared0.46
Alpha0.00109
Financial Highlights & Ratios
Price to Book (P/B)1.23
Price to Sales (P/S)2.28
Price to Cash Flow (P/CF)7.70
P/FCF Ratio5.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue13.73
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$98.00Price Target Upside-12.15% Downside
Rating ConsensusHold
Number of Analyst Covering1
Nelnet News
PremiumPress Releases
Nelnet Reports Second Quarter 2024 Results
PremiumPre-Earnings
Is NNI a Buy, Before Earnings?PremiumCompany Announcements
Nelnet Bank Releases Quarterly Financial Health Report
Bulls Say, Bears Say
Bulls Say
Analyst RecommendationAnalyst has increased the price target for the stock, indicating an improved outlook for the company.
EarningsThe reported earnings per share exceeded analyst estimates, which was mainly driven by higher net interest income, higher fee income, and lower operating expenses.
Shareholder ValueThere is a consistent pattern of share buybacks, highlighting the company's commitment to returning value to shareholders.
Bears Say
Financial PerformanceNNI's reported EPS showed a significant loss due to a major operating loss in the solar division.
Loan Servicing RevenueLoan servicing revenue decreased, impacted by the transfer of 1 million borrowers to another servicer and the expected revenue decrease per borrower.
Revenue ConcernsThe company's revenue and core loan spread were below expectations, signaling potential challenges in financial performance.
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Ownership Overview
54.08% Insiders
12.63% Mutual Funds
24.56% Other Institutional Investors
8.73% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
NNI FAQ
What was Nelnet Inc’s price range in the past 12 months?
Nelnet Inc lowest stock price was $81.67 and its highest was $116.13 in the past 12 months.
What is Nelnet Inc’s market cap?
Currently, no data Available
When is Nelnet Inc’s upcoming earnings report date?
Nelnet Inc’s upcoming earnings report date is Nov 04, 2024 which is in 40 days.
How were Nelnet Inc’s earnings last quarter?
Nelnet Inc released its earnings results on Aug 08, 2024. The company reported $1.2 earnings per share for the quarter, missing the consensus estimate of $1.328 by -$0.128.
Is Nelnet Inc overvalued?
According to Wall Street analysts Nelnet Inc’s price is currently Overvalued.
Does Nelnet Inc pay dividends?
Nelnet Inc pays a Quarterly dividend of $0.28 which represents an annual dividend yield of 0.99%. See more information on Nelnet Inc dividends here
What is Nelnet Inc’s EPS estimate?
Nelnet Inc’s EPS estimate is $1.36.
How many shares outstanding does Nelnet Inc have?
Nelnet Inc has 25,586,933 shares outstanding.
What happened to Nelnet Inc’s price movement after its last earnings report?
Nelnet Inc reported an EPS of $1.2 in its last earnings report, missing expectations of $1.328. Following the earnings report the stock price went down -0.318%.
Which hedge fund is a major shareholder of Nelnet Inc?
Among the largest hedge funds holding Nelnet Inc’s share is Magnolia Group, Llc. It holds Nelnet Inc’s shares valued at 192M.
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Nelnet Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$98.00 (-12.15% Downside)
$98.00 (-12.15% Downside)
Blogger Sentiment
Bullish
NNI Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 213.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 4.8%
Last 30 Days ▼ 4.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
27.76%
12-Months-Change
Fundamentals
Return on Equity
4.64%
Trailing 12-Months
Asset Growth
-18.57%
Trailing 12-Months
Company Description
Nelnet Inc
Nelnet, Inc. engages in the provision of education-related products and services, as well as loan asset management. It operates through the business following segments: Loan Systems & Servicing, Education Technology, Services and Payment Processing, Communications, and Asset Generation and Management. The System & Servicing segment specializes in student loan portfolio and the portfolios of third parties such as loan conversion activities, application processing, borrower updates, customer service, payment processing, due diligence procedures, funds management reconciliations, and claim processing. The Education Technology, Services and Payment Processing segment provides products and services to help students and families manage the payment of education costs at all levels, as well as school information system software for private and faith-based schools that help schools automate administrative processes such as admissions, scheduling, student billing, attendance, and grade book management. The Communications segment is the operation of Allo Communications LLC which provides pure optic service to homes and businesses for internet, broadband, television, and telephone services. The Asset Generation & Management segment is the acquisition, management, and ownership of student loan assets. The company was founded by Michael S. Dunlap and Stephen F. Butterfield in 1977 and is headquartered in Lincoln, NE.
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NNI Stock 12 Month Forecast
Average Price Target
$98.00
▼(-12.15% Downside)
Technical Analysis
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