Nelnet, Inc.

NYSE:NNI Stock Report

Market Cap: US$4.5b

Nelnet Management

Management criteria checks 4/4

Nelnet's CEO is Jeff Noordhoek, appointed in Jan 2014, has a tenure of 11.5 years. total yearly compensation is $1.56M, comprised of 55.9% salary and 44.1% bonuses, including company stock and options. directly owns 1.49% of the company’s shares, worth $66.52M. The average tenure of the management team and the board of directors is 11.5 years and 11.2 years respectively.

Key information

Jeff Noordhoek

Chief executive officer

US$1.6m

Total compensation

CEO salary percentage55.93%
CEO tenure11.5yrs
CEO ownership1.5%
Management average tenure11.5yrs
Board average tenure11.2yrs

Recent management updates

It May Be Possible That Nelnet, Inc.'s (NYSE:NNI) CEO Compensation Could Get Bumped Up

May 09
It May Be Possible That Nelnet, Inc.'s (NYSE:NNI) CEO Compensation Could Get Bumped Up

Here's Why Nelnet, Inc.'s (NYSE:NNI) CEO Compensation Is The Least Of Shareholders Concerns

May 10
Here's Why Nelnet, Inc.'s (NYSE:NNI) CEO Compensation Is The Least Of Shareholders Concerns

Recent updates

Nelnet (NYSE:NNI) Has Announced A Dividend Of $0.28

May 12
Nelnet (NYSE:NNI) Has Announced A Dividend Of $0.28

It May Be Possible That Nelnet, Inc.'s (NYSE:NNI) CEO Compensation Could Get Bumped Up

May 09
It May Be Possible That Nelnet, Inc.'s (NYSE:NNI) CEO Compensation Could Get Bumped Up

Nelnet: Consistent Value Creation Not Being Rewarded By The Market

Mar 16

Nelnet (NYSE:NNI) Is Paying Out A Dividend Of $0.28

Feb 03
Nelnet (NYSE:NNI) Is Paying Out A Dividend Of $0.28

Getting In Cheap On Nelnet, Inc. (NYSE:NNI) Might Be Difficult

Jan 23
Getting In Cheap On Nelnet, Inc. (NYSE:NNI) Might Be Difficult

Nelnet's (NYSE:NNI) Dividend Will Be $0.28

Nov 11
Nelnet's (NYSE:NNI) Dividend Will Be $0.28

Investors Appear Satisfied With Nelnet, Inc.'s (NYSE:NNI) Prospects

Oct 17
Investors Appear Satisfied With Nelnet, Inc.'s (NYSE:NNI) Prospects

Nelnet: Attractive Valuation At A Large Discount To Intrinsic Value

Sep 19

Why Investors Shouldn't Be Surprised By Nelnet, Inc.'s (NYSE:NNI) P/E

Jul 03
Why Investors Shouldn't Be Surprised By Nelnet, Inc.'s (NYSE:NNI) P/E

Here's Why Nelnet, Inc.'s (NYSE:NNI) CEO Compensation Is The Least Of Shareholders Concerns

May 10
Here's Why Nelnet, Inc.'s (NYSE:NNI) CEO Compensation Is The Least Of Shareholders Concerns

Nelnet: An Appealing Valuation Emerges After A Challenging 2023

May 04

Some Confidence Is Lacking In Nelnet, Inc.'s (NYSE:NNI) P/E

Jan 04
Some Confidence Is Lacking In Nelnet, Inc.'s (NYSE:NNI) P/E

Nelnet: The Compounding Conglomerate

Dec 22

Nelnet: Broad Exposure Leaves Unappealing Valuation

Aug 25

Nelnet declares $0.26 dividend

Feb 02

Nelnet to reduce workforce by 560 associates in its Diversified Services division

Jan 18

Nelnet (NYSE:NNI) Is Increasing Its Dividend To $0.26

Nov 24
Nelnet (NYSE:NNI) Is Increasing Its Dividend To $0.26

Nelnet Non-GAAP EPS of $1.73 misses by $0.02

Nov 07

Federal judge to rule on lawsuit seeking to overturn student loan forgiveness plan

Oct 12

Nelnet goes ex-dividend tomorrow

Aug 30

Nelnet Q2 Non-GAAP EPS, net interest income down Y/Y

Aug 08

Nelnet acquires solar construction firm, GRNE Solutions

Jul 05

Do Nelnet's (NYSE:NNI) Earnings Warrant Your Attention?

Mar 30
Do Nelnet's (NYSE:NNI) Earnings Warrant Your Attention?

Student Loan Servicing - Nelnet Is The Big Man On Campus

Jan 07

CEO Compensation Analysis

How has Jeff Noordhoek's remuneration changed compared to Nelnet's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

US$193m

Dec 31 2024US$2mUS$870k

US$184m

Sep 30 2024n/an/a

US$113m

Jun 30 2024n/an/a

US$155m

Mar 31 2024n/an/a

US$137m

Dec 31 2023US$2mUS$855k

US$90m

Sep 30 2023n/an/a

US$129m

Jun 30 2023n/an/a

US$189m

Mar 31 2023n/an/a

US$247m

Dec 31 2022US$2mUS$814k

US$407m

Sep 30 2022n/an/a

US$509m

Jun 30 2022n/an/a

US$458m

Mar 31 2022n/an/a

US$456m

Dec 31 2021US$3mUS$783k

US$393m

Sep 30 2021n/an/a

US$496m

Jun 30 2021n/an/a

US$514m

Mar 31 2021n/an/a

US$517m

Dec 31 2020US$2mUS$760k

US$352m

Sep 30 2020n/an/a

US$160m

Jun 30 2020n/an/a

US$122m

Mar 31 2020n/an/a

US$60m

Dec 31 2019US$2mUS$738k

US$142m

Sep 30 2019n/an/a

US$121m

Jun 30 2019n/an/a

US$131m

Mar 31 2019n/an/a

US$156m

Dec 31 2018US$2mUS$716k

US$228m

Compensation vs Market: Jeff's total compensation ($USD1.56M) is below average for companies of similar size in the US market ($USD7.60M).

Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.

CEO

Jeff Noordhoek (59 yo)

11.5yrs
Tenure
US$1,555,613
Compensation

Mr. Jeffrey R. Noordhoek, also known as Jeff, serves as Chief Executive Officer at Nelnet. Mr. Noordhoek serves as Chief Executive Officer at Nelnet, Inc. from January 01, 2014. He leads the executive team...

Leadership Team

NamePositionTenureCompensationOwnership
Michael Dunlap
Executive Chairman of the Board29.5yrsUS$894.00k28.62%
$ 1.3b
Jeffrey Noordhoek
Chief Executive Officer11.5yrsUS$1.56m1.49%
$ 66.5m
Timothy Tewes
President11.5yrsUS$1.72m0.23%
$ 10.2m
James Kruger
Chief Financial Officer11.5yrsUS$1.72m0.54%
$ 24.0m
Terry Heimes
Chief Operating Officer11.5yrsUS$1.59m0.67%
$ 29.9m
Matthew Dunlap
Chief Business Development Officer3.3yrsUS$1.03m0.46%
$ 20.7m
Deeann Wenger
President of Nelnet Business Services11.6yrsUS$1.13m0.073%
$ 3.2m
Phil Morgan
Director of Investor Relationsno datano datano data
William Munn
Corporate Secretary18.8yrsUS$534.16k0.040%
$ 1.8m
Emily Olinger
Chief People Services Officerno datano data0.012%
$ 548.9k
Jackie Strohbehn
President of Nelnet Campus Commerce4.9yrsno datano data
11.5yrs
Average Tenure
59yo
Average Age

Experienced Management: NNI's management team is seasoned and experienced (11.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Michael Dunlap
Executive Chairman of the Board29.5yrsUS$894.00k28.62%
$ 1.3b
Matthew Dunlap
Chief Business Development Officer3.3yrsUS$1.03m0.46%
$ 20.7m
Kimberly Rath
Independent Director17.8yrsUS$264.02k0%
$ 0
Thomas Henning
Independent Lead Director21.9yrsUS$292.53k0.053%
$ 2.4m
Kathleen Farrell
Independent Director17.8yrsUS$250.76k0.058%
$ 2.6m
David Graff
Independent Director11.2yrsUS$216.02k0.083%
$ 3.7m
Preeta Bansal
Independent Director6.7yrsUS$256.86k0.051%
$ 2.3m
Adam Peterson
Independent Director3.3yrsUS$231.86k0%
$ 0
Jona Van Deun
Independent Director3.3yrsUS$229.96k0.0030%
$ 135.7k
11.2yrs
Average Tenure
60yo
Average Age

Experienced Board: NNI's board of directors are seasoned and experienced ( 11.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/08 14:55
End of Day Share Price 2025/07/08 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Nelnet, Inc. is covered by 9 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mary KaneCitigroup Inc
Moshe OrenbuchCredit Suisse
Matthew SnowlingFBR Capital Markets & Co.