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NNI

NNI - Nelnet Inc Stock Price, Fair Value and News

94.93USD+0.05 (+0.05%)Market Closed

Market Summary

NNI
USD94.93+0.05
Market Closed
0.05%

NNI Stock Price

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NNI RSI Chart

NNI Valuation

Market Cap

3.6B

Price/Earnings (Trailing)

38.81

Price/Sales (Trailing)

3.2

EV/EBITDA

36.39

Price/Free Cashflow

9.9

NNI Price/Sales (Trailing)

NNI Profitability

EBT Margin

6.69%

Return on Equity

2.81%

Return on Assets

0.55%

Free Cashflow Yield

10.1%

NNI Fundamentals

NNI Revenue

Revenue (TTM)

1.1B

Rev. Growth (Yr)

4.86%

Rev. Growth (Qtr)

-3.12%

NNI Earnings

Earnings (TTM)

91.5M

Earnings Growth (Yr)

-127.8%

Earnings Growth (Qtr)

-118.87%

Breaking Down NNI Revenue

Last 7 days

2.0%

Last 30 days

4.4%

Last 90 days

10.4%

Trailing 12 Months

0.1%

How does NNI drawdown profile look like?

NNI Financial Health

Debt/Equity

3.63

Debt/Cashflow

0.04

NNI Investor Care

Dividend Yield

1.12%

Dividend/Share (TTM)

1.06

Buy Backs (1Y)

0.50%

Diluted EPS (TTM)

2.45

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023882.8M1.0B1.1B1.1B
2022648.4M772.9M897.5M1.0B
20211.2B1.1B1.1B523.8M
2020771.3M775.5M762.1M1.1B
2019842.5M860.1M859.1M831.2M
2018818.4M956.4M999.5M846.8M
2017696.9M601.7M602.4M691.6M
2016752.0M760.5M767.5M760.7M
2015725.1M725.8M725.6M734.1M
2014646.5M663.9M693.1M709.8M
2013616.9M624.4M632.9M644.8M
2012608.9M621.2M615.2M613.9M
2011606.0M589.2M586.4M592.9M
20100614.8M609.4M603.9M
2009000620.2M
GRUFITY'S FAIR VALUE MODEL

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks
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Tracking the Latest Insider Buys and Sells of Nelnet Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 28, 2024
heimes terry j
gifted
-
-
-4,840
chief operating officer
Mar 28, 2024
munn william j
gifted
-
-
1,532
secy/chief legal off/gen coun
Mar 28, 2024
munn william j
gifted
-
-
-1,532
secy/chief legal off/gen coun
Mar 28, 2024
heimes terry j
gifted
-
-
2,420
chief operating officer
Mar 10, 2024
tewes timothy
sold (taxes)
-130,197
88.63
-1,469
president
Mar 10, 2024
noordhoek jeffrey r
sold (taxes)
-130,197
88.63
-1,469
chief executive officer
Mar 10, 2024
dunlap matthew w
sold (taxes)
-12,053
88.63
-136
chief business develop. off.
Mar 10, 2024
munn william j
sold (taxes)
-56,723
88.63
-640
secy/chief legal off/gen coun
Mar 10, 2024
heimes terry j
sold (taxes)
-130,197
88.63
-1,469
chief operating officer
Mar 10, 2024
kruger james d
sold (taxes)
-130,197
88.63
-1,469
chief financial officer

1–10 of 50

Which funds bought or sold NNI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 23, 2024
AMALGAMATED BANK
reduced
-65.81
-72,000
41,000
-%
Apr 22, 2024
LAWSON KROEKER INVESTMENT MANAGEMENT INC/NE
new
-
9,623,630
9,623,630
1.82%
Apr 22, 2024
MetLife Investment Management, LLC
reduced
-13.14
-98,816
596,808
-%
Apr 19, 2024
DENALI ADVISORS LLC
unchanged
-
311,920
4,591,470
1.35%
Apr 18, 2024
SJS Investment Consulting Inc.
unchanged
-
45.00
663
-%
Apr 18, 2024
FARMERS & MERCHANTS INVESTMENTS INC
added
1.41
9,241,950
114,200,000
3.86%
Apr 15, 2024
Legato Capital Management LLC
added
29.24
363,568
1,303,990
0.16%
Apr 09, 2024
MASSMUTUAL TRUST CO FSB/ADV
reduced
-10.34
-97.00
2,461
-%
Apr 08, 2024
TOMPKINS FINANCIAL CORP
sold off
-100
-17,644
-
-%
Apr 05, 2024
GAMMA Investing LLC
added
6.78
822
5,963
-%

1–10 of 50

Are Funds Buying or Selling NNI?

Are funds buying NNI calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own NNI
No. of Funds

Unveiling Nelnet Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
whitetail rock capital management, llc
22.8%
0
SC 13G/A
Feb 13, 2024
union bank & trust co / trustee
14.3%
0
SC 13G/A
Feb 13, 2024
bartels deborah
7.1%
0
SC 13G/A
Feb 13, 2024
muhleisen dan d
14.0%
0
SC 13G/A
Feb 13, 2024
muhleisen angie
24.1%
0
SC 13G/A
Feb 13, 2024
butterfield shelby j
9.8%
0
SC 13G/A
Feb 13, 2024
dunlap michael s
42.3%
0
SC 13D/A
Feb 09, 2024
dimensional fund advisors lp
7.8%
2,076,549
SC 13G/A
Sep 19, 2023
dunlap michael s
42.1%
0
SC 13D/A
Feb 13, 2023
muhleisen dan d
13.9%
0
SC 13G/A

Recent SEC filings of Nelnet Inc

View All Filings
Date Filed Form Type Document
Apr 04, 2024
ARS
ARS
Apr 04, 2024
DEF 14A
DEF 14A
Apr 04, 2024
DEFA14A
DEFA14A
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading
Mar 12, 2024
4
Insider Trading
Mar 12, 2024
4
Insider Trading
Mar 12, 2024
4
Insider Trading
Mar 12, 2024
4
Insider Trading
Mar 12, 2024
4
Insider Trading

Peers (Alternatives to Nelnet Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
436.4B
25.1B
-3.94% 23.48%
38.98
17.39
12.87% 12.74%
166.1B
62.0B
5.73% 48.77%
18.47
2.68
11.96% 24.39%
69.5B
29.8B
-0.52% -13.27%
16.37
2.33
8.19% 75.53%
56.6B
41.9B
4.77% 53.52%
11.47
1.35
34.26% 32.87%
32.3B
17.8B
2.85% 23.78%
10.94
1.81
38.72% -32.51%
12.1B
14.0B
1.09% 52.13%
11.85
0.87
31.42% -40.49%
MID-CAP
6.4B
1.9B
-5.75% 5.72%
22.5
3.38
3.79% -46.60%
6.0B
3.2B
9.05% 37.25%
27.16
1.89
15.50% -13.49%
4.7B
4.4B
-2.33% 23.16%
7.43
1.07
-2.65% -31.25%
3.6B
1.1B
4.38% 0.14%
38.81
3.2
8.54% -77.53%
SMALL-CAP
1.8B
2.1B
5.46% 32.39%
10.23
0.85
21.98% -15.57%
359.1M
1.2B
-19.43% -15.00%
3.49
0.31
10.41% -24.15%
186.8M
352.0M
12.37% -11.23%
4.12
0.53
6.77% -47.27%
7.8M
7.3M
-10.00% -11.33%
-2.03
1.07
-51.06% -195.09%
3.7M
853.2M
-40.00% -95.05%
-0.01
0
-15.13% -1364.54%

Nelnet Inc News

Latest updates
MarketBeat • 13 Apr 2024 • 06:43 am
MarketBeat • 01 Apr 2024 • 07:00 am
Yahoo Finance • 27 Feb 2024 • 08:00 am
Houston Chronicle • 27 Feb 2024 • 08:00 am
Seeking Alpha • 4 months ago

Nelnet Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-3.1%27628528426526320315240430220021923944322525119195.00239247251123
Operating Expenses5.7%227214209210222210197206199183172173213191186191200203181179176
EBITDA Margin-17.4%0.38*0.46*0.41*0.54*0.65*0.95*0.90*0.86*0.95*0.98*0.99*0.95*0.77*0.66*0.58*0.48*0.56*0.58*0.58*0.63*0.74*
Interest Expenses-9.7%70.0077.0051.0067.0081.0077.0078.0077.0076.0086.0084.0010187.0081.0067.0055.0064.0066.0060.0059.0070.00
Income Taxes-190.6%-9.7211.0010.008.005.0027.0025.0056.0039.0016.0026.0035.0071.0019.0021.00-10.139.009.006.0011.00-4.60
Earnings Before Taxes-174.8%-39.6353.0030.0031.0033.0012710824116867.0010915830290.00108-49.9051.0042.0031.0053.0017.00
EBT Margin-50.2%0.07*0.13*0.16*0.24*0.37*0.60*0.54*0.51*0.51*0.58*0.59*0.57*0.41*0.23*0.17*0.08*0.19*0.17*0.18*0.23*0.34*
Net Income-118.9%-8.5545.0028.0026.0031.0010585.0018713353.0084.0012423572.0086.00-40.5342.0033.0025.0042.0022.00
Net Income Margin-30.9%0.08*0.12*0.14*0.20*0.29*0.47*0.43*0.40*0.40*0.45*0.46*0.45*0.32*0.18*0.14*0.07*0.15*0.14*0.15*0.18*0.27*
Free Cashflow-58.0%58.0013963.0098.0012.0016319026012713712631.0014324517.00-170131137103-16449.00
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-2.8%16,73717,22317,80818,08319,37419,56420,62420,99021,67822,40323,02922,16722,64622,22322,61123,28123,70923,93724,22024,72225,221
    Cash Equivalents-10.4%16818812218811863.0012816312619221314412196.0068.0020513416184.0075.00121
  Net PPE0.2%127127130133123127124121119117129130124360350351348342337335345
  Goodwill-10.7%15817717717717717219.00142142142142142142157157157157157157157157
Liabilities-3.2%13,51513,96414,56014,85916,17416,39717,53317,90518,72519,54620,20019,41820,01819,82020,27020,95521,31821,58221,89322,39222,906
  Long Term Debt-5.0%11,82812,44813,07013,43814,63715,04316,11516,73717,63118,61119,38218,75519,32119,21519,72620,46720,52920,91021,29421,83622,219
Shareholder's Equity-1.0%3,2633,2953,2483,2233,1993,1663,0913,0852,9532,8572,8292,7492,6282,4032,3412,3262,3912,3552,3272,3302,315
  Retained Earnings-0.8%3,2793,3063,2703,2523,2353,2083,1283,0922,9412,8442,8122,7372,6222,3932,3312,3102,3782,3432,3172,3212,300
  Additional Paid-In Capital-78.1%3.0014.0010.005.001.001.001.001.001.002.0010.006.004.002.002.009.006.004.002.001.001.00
Shares Outstanding-0.2%37.0037.0037.0037.0038.0037.0038.0038.0039.0039.0039.0039.0039.0039.0040.0040.0040.0040.0040.0040.0041.00
Minority Interest-13.6%-40.71-35.83-11.76-6.351.00-14.25-6.24-3.252.00-2.29-5.18-3.09-3.693.004.005.004.005.004.004.0010.00
Float---1,631---1,438---1,469---919---1,196--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-48.3%79,761154,23576,134122,84527,187173,158208,365275,349143,781150,682137,20748,658176,065278,63638,854-144,455155,997160,753121,830-139,66577,335
  Share Based Compensation7.8%4,4954,1713,9723,8384,3043,7013,2512,9202,8492,8442,9282,05211,2011,9571,7241,8571,8331,8101,6621,4761,758
Cashflow From Investing51.8%631,607416,142166,401723,932532,753902,320233,885603,069642,493786,864-711,784468,362-332,418236,351611,614105,672331,951337,135469,179386,301204,154
Cashflow From Financing19.1%-478,644-591,735-326,560-1,306,259-245,940-1,205,923-445,526-895,110-843,217-763,774704,790-528,147213,207-534,761-829,491-83,480-403,554-413,678-588,637-387,402-84,564
  Dividend Payments6.9%10,3709,7019,6949,6549,6488,9258,9729,0639,1388,4078,4758,4378,4357,6647,7337,9467,9397,1437,1717,2327,300
  Buy Backs4268.0%23,7185434653,3024,46114,29346,03232,89930,62525,0783992,0092134,61867,2741,25314922123,68316,35828,811

NNI Income Statement

2023-12-31
Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Interest income:   
Loan interest$ 931,945$ 651,205$ 482,337
Investment interest177,85591,60141,498
Total interest income1,109,800742,806523,835
Interest expense on bonds and notes payable and bank deposits845,091430,137176,233
Net interest income264,709312,669347,602
Less provision (negative provision) for loan losses65,45046,441(12,426)
Net interest income after provision for loan losses199,259266,228360,028
Other income (expense):   
Other, net(48,787)25,48678,681
Gain on sale of loans, net39,6732,90318,715
Impairment expense(31,925)(15,523)(16,360)
Derivative market value adjustments and derivative settlements, net(16,701)264,63471,446
Total other income (expense), net955,1941,246,045977,079
Cost of services:   
Cost of services219,759168,374108,660
Operating expenses:   
Salaries and benefits591,537589,579507,132
Depreciation and amortization79,11874,07773,741
Other expenses189,851170,778145,469
Total operating expenses860,506834,434726,342
Income (loss) before income taxes74,188509,465502,105
Income tax expense19,753113,224115,822
Net income54,435396,241386,283
Net loss attributable to noncontrolling interests37,09711,1067,003
Net income attributable to Nelnet, Inc.$ 91,532$ 407,347$ 393,286
Earnings per common share:   
Net income attributable to Nelnet, Inc. shareholders - basic (in dollars per share)$ 2.45$ 10.83$ 10.20
Net income attributable to Nelnet, Inc. shareholders - diluted (in dollars per share)$ 2.45$ 10.83$ 10.20
Weighted-average common shares outstanding - basic (in shares)37,416,62137,603,03338,572,801
Weighted-average common shares outstanding - diluted (in shares)37,416,62137,603,03338,572,801
Loan servicing and systems   
Other income (expense):   
Revenue$ 517,954$ 535,459$ 486,363
Education technology services and payments   
Other income (expense):   
Revenue463,311408,543338,234
Cost of services:   
Cost of services171,183148,403108,660
Solar construction   
Other income (expense):   
Revenue31,66924,5430
Cost of services:   
Cost of services$ 48,576$ 19,971$ 0

NNI Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets:  
Loans and accrued interest receivable$ 13,108,204$ 15,243,889
Cash and cash equivalents:  
Cash and cash equivalents168,112118,146
Investments and notes receivable1,870,9682,111,917
Restricted cash488,723945,159
Restricted cash - due to customers368,656294,311
Restricted investments17,9690
Accounts receivable (net of allowance for doubtful accounts of $4,304 and $3,079, respectively)196,200194,851
Goodwill158,029176,902
Intangible assets, net44,81963,501
Property and equipment, net127,008122,526
Other assets187,957102,842
Total assets16,736,64519,374,044
Liabilities:  
Bonds and notes payable11,828,39314,637,195
Accrued interest payable35,39136,049
Bank deposits743,599691,322
Other liabilities481,840461,259
Due to customers425,507348,317
Total liabilities13,514,73016,174,142
Commitments and contingencies
Nelnet, Inc. shareholders' equity:  
Preferred stock, $0.01 par value. Authorized 50,000,000 shares; no shares issued or outstanding00
Common stock:  
Additional paid-in capital3,0961,109
Retained earnings3,279,2733,234,844
Accumulated other comprehensive loss, net(20,119)(37,366)
Total Nelnet, Inc. shareholders' equity3,262,6213,198,959
Noncontrolling interests(40,706)943
Total equity3,221,9153,199,902
Total liabilities and equity16,736,64519,374,044
Nonrelated Party  
Cash and cash equivalents:  
Cash and cash equivalents34,91224,584
Related Party  
Cash and cash equivalents:  
Cash and cash equivalents133,20093,562
Class A  
Common stock:  
Common stock264265
Class B  
Common stock:  
Common stock107107
Variable Interest Entity, Primary Beneficiary  
Assets:  
Loans and accrued interest receivable12,676,93214,585,491
Cash and cash equivalents:  
Restricted cash451,932867,961
Liabilities:  
Bonds and notes payable12,006,17014,233,586
Common stock:  
Accrued interest payable and other liabilities(135,748)(145,309)
Net assets of consolidated education and other lending variable interest entities$ 986,946$ 1,074,557
NNI
Nelnet, Inc. engages in loan servicing, communications, education technology, services, and payment processing businesses worldwide. Its 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. The company's Education Technology, Services, and Payment Processing 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. 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, 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. Its Communications segment provides fiber optic service to homes and businesses for internet, television, and telephone services. The Company's Asset Generation and Management segment acquires, manages, and owns loan assets. Its Nelnet Bank segment operates as an internet industrial bank. The company was founded in 1978 and is headquartered in Lincoln, Nebraska.
 WEBSITEnelnet.com
 INDUSTRYCredit Services
 EMPLOYEES8237

Nelnet Inc Frequently Asked Questions


What is the ticker symbol for Nelnet Inc? What does NNI stand for in stocks?

NNI is the stock ticker symbol of Nelnet Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Nelnet Inc (NNI)?

As of Tue Apr 23 2024, market cap of Nelnet Inc is 3.55 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NNI stock?

You can check NNI's fair value in chart for subscribers.

What is the fair value of NNI stock?

You can check NNI's fair value in chart for subscribers. The fair value of Nelnet Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Nelnet Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NNI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Nelnet Inc a good stock to buy?

The fair value guage provides a quick view whether NNI is over valued or under valued. Whether Nelnet Inc is cheap or expensive depends on the assumptions which impact Nelnet Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NNI.

What is Nelnet Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, NNI's PE ratio (Price to Earnings) is 38.79 and Price to Sales (PS) ratio is 3.2. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NNI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Nelnet Inc's stock?

In the past 10 years, Nelnet Inc has provided 0.095 (multiply by 100 for percentage) rate of return.