Nelnet, Inc. engages in loan servicing, communications, and education technology, services, and payment processing businesses worldwide.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$78.87|
|52 Week High||US$58.66|
|52 Week Low||US$81.63|
|1 Month Change||0.79%|
|3 Month Change||3.18%|
|1 Year Change||32.60%|
|3 Year Change||39.69%|
|5 Year Change||96.68%|
|Change since IPO||261.79%|
Recent News & Updates
|NNI||US Consumer Finance||US Market|
Return vs Industry: NNI underperformed the US Consumer Finance industry which returned 82.4% over the past year.
Return vs Market: NNI exceeded the US Market which returned 31.5% over the past year.
Stable Share Price: NNI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: NNI's weekly volatility (2%) has been stable over the past year.
About the Company
Nelnet, Inc. engages in loan servicing, communications, and education technology, services, and payment processing businesses worldwide. The company's Loan Servicing and Systems is involved in loan servicing activities, such as loan conversion, application processing, borrower updates, customer service, payment processing, due diligence procedures, funds management reconciliation, and claim processing activities for student loan portfolio and third-party clients. This segment also provides 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.
Nelnet Fundamentals Summary
|NNI fundamental statistics|
Is NNI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NNI income statement (TTM)|
|Cost of Revenue||US$102.24m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||13.31|
|Net Profit Margin||41.44%|
How did NNI perform over the long term?See historical performance and comparison
1.1%Current Dividend Yield
Is Nelnet undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NNI ($78.87) is trading above our estimate of fair value ($30.35)
Significantly Below Fair Value: NNI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NNI is good value based on its PE Ratio (5.9x) compared to the US Consumer Finance industry average (7.8x).
PE vs Market: NNI is good value based on its PE Ratio (5.9x) compared to the US market (17.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NNI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NNI is good value based on its PB Ratio (1.1x) compared to the US Consumer Finance industry average (1.6x).
How is Nelnet forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if NNI's forecast earnings growth is above the savings rate (2%).
Earnings vs Market: Insufficient data to determine if NNI's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: NNI's revenue is expected to decline over the next 3 years (-4.1% per year).
High Growth Revenue: NNI's revenue is forecast to decline over the next 3 years (-4.1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if NNI's Return on Equity is forecast to be high in 3 years time
How has Nelnet performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NNI has a large one-off gain of $269.7M impacting its June 30 2021 financial results.
Growing Profit Margin: NNI's current net profit margins (41.4%) are higher than last year (11.5%).
Past Earnings Growth Analysis
Earnings Trend: NNI's earnings have grown by 6.9% per year over the past 5 years.
Accelerating Growth: NNI's earnings growth over the past year (322.9%) exceeds its 5-year average (6.9% per year).
Earnings vs Industry: NNI earnings growth over the past year (322.9%) exceeded the Consumer Finance industry 126.5%.
Return on Equity
High ROE: NNI's Return on Equity (18%) is considered low.
How is Nelnet's financial position?
Financial Position Analysis
Short Term Liabilities: NNI's short term assets ($21.5B) exceed its short term liabilities ($510.9M).
Long Term Liabilities: NNI's short term assets ($21.5B) exceed its long term liabilities ($19.7B).
Debt to Equity History and Analysis
Debt Level: NNI's debt to equity ratio (685.2%) is considered high.
Reducing Debt: NNI's debt to equity ratio has reduced from 1389% to 685.2% over the past 5 years.
Debt Coverage: NNI's debt is not well covered by operating cash flow (2.6%).
Interest Coverage: Insufficient data to determine if NNI's interest payments on its debt are well covered by EBIT.
What is Nelnet current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NNI's dividend (1.12%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: NNI's dividend (1.12%) is low compared to the top 25% of dividend payers in the US market (3.67%).
Stability and Growth of Payments
Stable Dividend: NNI's dividends per share have been stable in the past 10 years.
Growing Dividend: NNI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (6.5%), NNI's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeff Noordhoek (55 yo)
Mr. Jeffrey R. Noordhoek, also known as Jeff, is an Independent Director at Federal Home Loan Bank of Topeka since July 1, 2020. He has been the Chief Executive Officer at Nelnet, Inc., since January 1, 20...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD1.57M) is below average for companies of similar size in the US market ($USD5.34M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
Experienced Management: NNI's management team is seasoned and experienced (7.7 years average tenure).
Experienced Board: NNI's board of directors are seasoned and experienced ( 13.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Nelnet, Inc.'s employee growth, exchange listings and data sources
- Name: Nelnet, Inc.
- Ticker: NNI
- Exchange: NYSE
- Founded: 1978
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: US$3.014b
- Shares outstanding: 38.22m
- Website: https://www.nelnet.com
Number of Employees
- Nelnet, Inc.
- 121 South 13th Street
- Suite 100
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/22 22:38|
|End of Day Share Price||2021/09/22 00:00|
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.