Nelnet, Inc.

NYSE:NNI Stock Report

Market Cap: US$3.8b

Nelnet Management

Management criteria checks 4/4

Nelnet's CEO is Jeff Noordhoek, appointed in Jan 2014, has a tenure of 10.92 years. total yearly compensation is $1.89M, comprised of 45.2% salary and 54.8% bonuses, including company stock and options. directly owns 1.52% of the company’s shares, worth $57.66M. The average tenure of the management team and the board of directors is 10.9 years and 10.6 years respectively.

Key information

Jeff Noordhoek

Chief executive officer

US$1.9m

Total compensation

CEO salary percentage45.2%
CEO tenure10.9yrs
CEO ownership1.5%
Management average tenure10.9yrs
Board average tenure10.6yrs

Recent management updates

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'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

Nelnet (NYSE:NNI) Will Pay A Larger Dividend Than Last Year At US$0.24

Nov 26
Nelnet (NYSE:NNI) Will Pay A Larger Dividend Than Last Year At US$0.24

If You Like EPS Growth Then Check Out Nelnet (NYSE:NNI) Before It's Too Late

Nov 24
If You Like EPS Growth Then Check Out Nelnet (NYSE:NNI) Before It's Too Late

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

Aug 02
Do Nelnet's (NYSE:NNI) Earnings Warrant Your Attention?

Here's Why Nelnet, Inc.'s (NYSE:NNI) CEO Might See A Pay Rise Soon

May 14
Here's Why Nelnet, Inc.'s (NYSE:NNI) CEO Might See A Pay Rise Soon

CEO Compensation Analysis

How has Jeff Noordhoek's remuneration changed compared to Nelnet's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$115m

Jun 30 2024n/an/a

US$157m

Mar 31 2024n/an/a

US$138m

Dec 31 2023US$2mUS$855k

US$92m

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

Sep 30 2018n/an/a

US$254m

Jun 30 2018n/an/a

US$258m

Mar 31 2018n/an/a

US$237m

Dec 31 2017US$2mUS$695k

US$173m

Compensation vs Market: Jeff's total compensation ($USD1.89M) is below average for companies of similar size in the US market ($USD6.60M).

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

CEO

Jeff Noordhoek (58 yo)

10.9yrs

Tenure

US$1,892,169

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
Jeffrey Noordhoek
Chief Executive Officer10.9yrsUS$1.89m1.52%
$ 57.7m
Timothy Tewes
President10.9yrsUS$1.87m0.22%
$ 8.5m
James Kruger
Chief Financial Officer10.9yrsUS$1.85m0.52%
$ 19.8m
Terry Heimes
Chief Operating Officer10.9yrsUS$1.88m0.67%
$ 25.3m
Matthew Dunlap
Chief Business Development Officer2.8yrsUS$950.69k0.46%
$ 17.6m
Michael Dunlap
Executive Chairman of the Board28.9yrsUS$1.25m24.29%
$ 919.4m
Phil Morgan
Investor Relations Contactno datano datano data
William Munn
Corporate Secretary18.3yrsUS$534.16k0.039%
$ 1.5m
Emily Olinger
Chief People Services Officerno datano data0.010%
$ 391.1k
Jackie Strohbehn
President of Nelnet Campus Commerce4.3yrsno datano data
Deeann Wenger
President of Nelnet Business Servicesno datano data0.063%
$ 2.4m

10.9yrs

Average Tenure

60yo

Average Age

Experienced Management: NNI's management team is seasoned and experienced (10.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Matthew Dunlap
Chief Business Development Officer2.8yrsUS$950.69k0.46%
$ 17.6m
Michael Dunlap
Executive Chairman of the Board28.9yrsUS$1.25m24.29%
$ 919.4m
Kimberly Rath
Independent Director17.2yrsUS$214.00kno data
Thomas Henning
Independent Lead Director21.3yrsUS$243.53k0.053%
$ 2.0m
Kathleen Farrell
Independent Director17.2yrsUS$225.77k0.053%
$ 2.0m
David Graff
Independent Director10.6yrsUS$217.00k0.079%
$ 3.0m
Preeta Bansal
Independent Director6.1yrsUS$257.77k0.046%
$ 1.7m
Adam Peterson
Independent Director2.8yrsUS$256.77kno data
Jona Van Deun
Independent Director2.8yrsUS$244.77k0.0017%
$ 65.9k

10.6yrs

Average Tenure

59yo

Average Age

Experienced Board: NNI's board of directors are seasoned and experienced ( 10.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 22:54
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

Analysis Model and Snowflake

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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 .

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.