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How to buy Nelnet stock | 67.43

Own Nelnet stock in just a few minutes.

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Nelnet, Inc is a credit services business based in the US. Nelnet shares (NNI) are listed on the NYSE and all prices are listed in US Dollars. Nelnet employs 6,600 staff and has a trailing 12-month revenue of around USD$1.1 billion.

How to buy shares in Nelnet

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Nelnet Find the stock by name or ticker symbol: NNI. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Nelnet reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$67.43, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Nelnet, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Nelnet. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted Nelnet's share price?

Since the stock market crash in March caused by coronavirus, Nelnet's share price has had significant positive movement.

Its last market close was USD$67.43, which is 13.48% up on its pre-crash value of USD$58.34 and 83.73% up on the lowest point reached during the March crash when the shares fell as low as USD$36.7.

If you had bought USD$1,000 worth of Nelnet shares at the start of February 2020, those shares would have been worth USD$673.47 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$1,181.37.

Nelnet share price

Use our graph to track the performance of NNI stocks over time.

Nelnet shares at a glance

Information last updated 2020-10-14.
Latest market closeUSD$67.43
52-week rangeUSD$36.7 - USD$67.82
50-day moving average USD$63.8334
200-day moving average USD$54.6228
Wall St. target priceUSD$55
PE ratio 21.9246
Dividend yield USD$0.8 (1.2%)
Earnings per share (TTM) USD$3.059

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Nelnet stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Nelnet price performance over time

Historical closes compared with the close of $67.43 from 2020-10-16

1 week (2020-10-12) 0.82%
1 month (2020-09-18) 4.62%
3 months (2020-07-17) 13.75%
6 months (2020-04-17) 54.09%
1 year (2019-10-18) 11.75%
2 years (2018-10-19) 20.41%
3 years (2017-10-19) 19.24%
5 years (2015-10-19) 92.71%

Is Nelnet under- or over-valued?

Valuing Nelnet stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Nelnet's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Nelnet's P/E ratio

Nelnet's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 22x. In other words, Nelnet shares trade at around 22x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Nelnet financials

Revenue TTM USD$1.1 billion
Operating margin TTM 18.89%
Gross profit TTM USD$928.3 million
Return on assets TTM 0.52%
Return on equity TTM 5.22%
Profit margin 11.47%
Book value $60.847
Market capitalisation USD$2.5 billion

TTM: trailing 12 months

Shorting Nelnet shares

There are currently 166,943 Nelnet shares held short by investors – that's known as Nelnet's "short interest". This figure is 37.5% down from 266,963 last month.

There are a few different ways that this level of interest in shorting Nelnet shares can be evaluated.

Nelnet's "short interest ratio" (SIR)

Nelnet's "short interest ratio" (SIR) is the quantity of Nelnet shares currently shorted divided by the average quantity of Nelnet shares traded daily (recently around 78010.747663551). Nelnet's SIR currently stands at 2.14. In other words for every 100,000 Nelnet shares traded daily on the market, roughly 2140 shares are currently held short.

However Nelnet's short interest can also be evaluated against the total number of Nelnet shares, or, against the total number of tradable Nelnet shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Nelnet's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Nelnet shares in existence, roughly 0 shares are currently held short) or 0.0146% of the tradable shares (for every 100,000 tradable Nelnet shares, roughly 15 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Nelnet.

Find out more about how you can short Nelnet stock.

Nelnet share dividends

25%

Dividend payout ratio: 24.54% of net profits

Recently Nelnet has paid out, on average, around 24.54% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.2% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Nelnet shareholders could enjoy a 1.2% return on their shares, in the form of dividend payments. In Nelnet's case, that would currently equate to about $0.8 per share.

While Nelnet's payout ratio might seem low, this can signify that Nelnet is investing more in its future growth.

Nelnet's most recent dividend payout was on 15 September 2020. The latest dividend was paid out to all shareholders who bought their shares by 31 August 2020 (the "ex-dividend date").

Nelnet share price volatility

Over the last 12 months, Nelnet's shares have ranged in value from as little as $36.7 up to $67.82. A popular way to gauge a stock's volatility is its "beta".

NNI.US volatility(beta: 0.65)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Nelnet's is 0.6536. This would suggest that Nelnet's shares are less volatile than average (for this exchange).

Nelnet overview

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. The Education Technology, Services, and Payment Processing segment offers financial management services; assistance with financial needs assessment; school information system software that automates administrative processes; professional development and educational instruction services; and technology products that aid in teacher and student evaluations. It also offers technology and payments services, including electronic transfer and credit card processing, reporting, billing and invoicing, mobile and virtual terminal solutions, and specialized integrations to business software; and mobile first technology focused on increasing engagement, online giving, and communication for church and not-for-profit customers. Its Communications segment fiber optic service to homes and businesses for internet, television, and telephone services. Its data services include high-speed internet access; telephone services comprise local and long distance telephone service, hostedPBX services, and other services. Its Asset Generation and Management segment acquires, manages, and owns loan assets. It also provides investment advisory services. The company was founded in 1978 and is headquartered in Lincoln, Nebraska.

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