Nelnet NNI Stock Price, Company Overview & News

NNI has a forward dividend yield of 1.09%.SeeNNI’s full dividends and stock split historyon the Dividend tab. Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of NNI’s competitive advantage. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements.

/ Sales ,55x Nbr of Employees Free-Float 40,7% More FinancialsCompanyNelnet, Inc. is a diversified company that is focused on offering loan servicing and education technology, services, and payment processing. The LSS segment is focused on student and consumer loan origination services… Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price. To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage of its current stock price. Nelnet, Inc. engages in loan servicing, communications, education technology, services, and payment processing businesses worldwide.

Stock Money Flow

If you have student loans serviced by Nelnet, Great Lakes, Navient, or FedLoan Servicing, you may want to read this. Consensus Price Target is the stock price analysts expect to see within a period of 0-18 months. Wells Fargo & Co. said late Friday it has agreed to sell its private student loan portfolio to investors, with Firstmark, a division of Nelnet Inc. assuming responsibility for servicing the portfolio upon the sale. 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. According to one analyst, the rating for NNI stock is “Hold” and the 12-month stock price forecast is $93.0.

Nelnet reported Q3 EPS of $1.73, in-line with the analyst estimate of $1.73. ‘Longer wait times’ with Saturday call center hours at two major services finished. Changes come after Congress declined to increase funding. 187 employees have rated Nelnet Chief Executive Officer Mike Dunlap on Glassdoor.com. Mike Dunlap has an approval rating of 83% among the company’s employees. The company is scheduled to release its next quarterly earnings announcement on Monday, May 8th 2023.

NNI Overview

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Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements. Nelnet saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 223,500 shares, an increase of 38.8% from the February 28th total of 161,000 shares. Based on an average trading volume of 47,200 shares, the days-to-cover ratio is presently 4.7 days.

1 brokerages have issued twelve-month target prices for Nelnet’s shares. Their NNI share price forecasts range from $93.00 to $93.00. On average, they predict the company’s share price to reach $93.00 in the next twelve months.

Nelnet (NNI)

Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios. Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends.

• Nelnet saw a increase in short interest in the month of March.
• Nelnet, Inc. engages in loan servicing, communications, education technology, services, and payment processing businesses worldwide.
• The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
• View the NNI premarket stock price ahead of the market session or assess the after hours quote.
• 1 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for Nelnet in the last twelve months.

Real-time analyst ratings, insider transactions, earnings data, and more. Shares Sold ShortThe total number of shares of a security that have been sold short and not yet repurchased.Change from LastPercentage change in short interest from the previous report to the most recent report. Exchanges report short interest twice a month.Percent of FloatTotal short positions relative to the number of shares available to trade.

Student loan ‘train wreck’: As return of regular payments loom, servicers have less staff to field expected deluge of calls

To see all exchange delays and terms of use please see Barchart’s disclaimer. According to analysts’ consensus price target of $93.00, Nelnet has a forecasted downside of 3.4% from its current price of $96.30. Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes.

Nelnet Inc share price live 96.30, this page displays NYSE NNI stock exchange data. View the NNI premarket stock price ahead of the market session or assess the after hours quote. Monitor the latest movements within the Nelnet Inc real time stock price chart below. You can find more details by visiting the additional pages to view historical data, charts, latest news, analysis or visit the forum to view opinions on the NNI quote.

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A high percentage of insider ownership can be a sign of company health. MarketBeat has tracked 2 news articles for Nelnet this week, compared to 2 articles on an average week. Nelnet has a short interest ratio (“days to cover”) of 4.7.

A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations.

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• NNI has a forward dividend yield of 1.09%.SeeNNI’s full dividends and stock split historyon the Dividend tab.
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Other market data may be delayed by 15 minutes or more. Nelnet declared a quarterly dividend on Wednesday, February 1st. Stockholders of record on Wednesday, March 1st will be given a dividend of $0.26 per share on Wednesday, March 15th. This represents a $1.04 annualized dividend and a dividend yield of 1.08%. Nelnet’s stock was trading at $90.75 at the beginning of the year. Since then, NNI shares have increased by 6.1% and is now trading at $96.30.

This suggests that the stock has a possible downside of 3.4%. View analysts price targets for NNI or view top-rated stocks among Wall Street analysts. 1 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for Nelnet in the last twelve months.

https://1investing.in/ capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies. The changes are just one part of a larger effort across multiple administrations to make student loan servicing smoother and more centralized as borrowers apply for student loan forgiveness and repayment programs. Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations.

This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 . This is a lower news sentiment than the 0.59 average news sentiment score of Finance companies. Nelnet has received a 76.08% net impact score from Upright. The largest positive contribution comes from its “Distributing knowledge” impact, which is false driven by its “Student loans” and “Student loan management services” products. The company’s average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Approximately 1.7% of the shares of the company are sold short. Investing.com – Nelnet reported on Monday third quarter erl-21175||earnings that matched analysts’ forecasts and revenue that topped expectations. On Aug. 24, President Joe Biden signed an executive order addressing student loan debt.

what are the top operational risks for banks/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues. Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.