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Nelnet Inc (NNI)
NYSE:NNI
Nelnet (NNI) Stock Price & Analysis
139 Followers
NNI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$81.13 - $100.64
Previous Close$94.41
Volume96.79K
Average Volume (3M)92.71K
Market Cap
$3.50B
Enterprise Value$15.91B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$12.45B
Price to Earnings (P/E)39.4
Beta0.68
Next Earnings
May 09, 2024EPS Estimate
$1.38Last Dividend Ex-Date
Feb 29, 2024Dividend Yield1.15%
Share Statistics
EPS (TTM)2.39
Shares Outstanding37,041,479
10 Day Avg. Volume85,701
30 Day Avg. Volume92,711
Standard Deviation0.07
R-Squared0.43
Alpha0.00234
Financial Highlights & Ratios
Price to Book (P/B)1.13
Price to Sales (P/S)1.59
Price to Cash Flow (P/CF)10.80
P/FCF Ratio1.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue12.48
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda3.43
Forecast
1Y Price Target
$87.00Price Target Upside-7.85% Downside
Rating ConsensusHold
Number of Analyst Covering1
Nelnet News
PremiumPress Releases
Nelnet Reports Fourth Quarter 2023 Results
PremiumCompany Announcements
Nelnet Bank Releases Quarterly Call Report to FDIC
PremiumPress Releases
Nelnet Reports Third Quarter 2023 ResultsBulls Say, Bears Say
Bulls Say
Analyst CoverageAnalyst initiates coverage of Nelnet with a Market Perform rating.
Financial OutlookManagement expects a year-over-year growth in fee income.
Price TargetAnalyst sets a price target of $95 for Nelnet.
Bears Say
Asset ManagementManagement has expressed concern over the loss of FFELP assets, which may be impacted by the administration's promotion of the SAVE program.
EarningsNNI's 4Q23 reported EPS showed a significant loss due to a $40.3 million operating loss in the solar division.
Financial PerformanceThe company's revenue and core loan spread were below expectations, signaling potential challenges in financial performance.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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NNI FAQ
What was Nelnet Inc’s price range in the past 12 months?
Nelnet Inc lowest stock price was $81.13 and its highest was $100.64 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 May 09, 2024 which is in 19 days.
How were Nelnet Inc’s earnings last quarter?
Nelnet Inc released its earnings results on Feb 27, 2024. The company reported -$0.04 earnings per share for the quarter, missing the consensus estimate of $1.031 by -$1.071.
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 1.15%. See more information on Nelnet Inc dividends here
What is Nelnet Inc’s EPS estimate?
Nelnet Inc’s EPS estimate is $1.38.
How many shares outstanding does Nelnet Inc have?
Nelnet Inc has 26,378,391 shares outstanding.
What happened to Nelnet Inc’s price movement after its last earnings report?
Nelnet Inc reported an EPS of -$0.04 in its last earnings report, missing expectations of $1.031. Following the earnings report the stock price went down -4.251%.
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 168M.
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Nelnet Stock Smart Score
Neutral
1
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10
Analyst Consensus
Hold
Average Price Target:
$87.00 (-7.85% Downside)
$87.00 (-7.85% Downside)
Blogger Sentiment
Bullish
NNI Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 99.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.3%
Last 30 Days ▲ 7.9%
Last 30 Days ▲ 7.9%
Technicals
SMA
Positive
20 days / 200 days
Momentum
3.49%
12-Months-Change
Fundamentals
Return on Equity
2.77%
Trailing 12-Months
Asset Growth
-13.61%
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 Months Forecast
Average Price Target
$87.00
▼(-7.85% Downside)
Technical Analysis
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