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How to buy Nelnet stock (NNI)

Buy Nelnet stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Nelnet 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 7,550 staff and has a trailing 12-month revenue of around $1.3 billion.

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Nelnet stock price (NYSE: NNI)

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

Nelnet shares at a glance

Information last updated 2024-07-21.
Latest market close$111.26
52-week range$80.91 - $112.57
50-day moving average $103.68
200-day moving average $92.32
Wall St. target price$96.00
PE ratio 29.5472
Dividend yield $1.08 (1.02%)
Earnings per share (TTM) $3.71

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 $111.26 from 2024-07-23

1 week (2024-07-17) -0.06%
1 month (2024-06-24) 11.30%
3 months (2024-04-24) 17.19%
6 months (2024-01-24) 29.27%
1 year (2023-07-24) 13.62%
2 years (2022-07-22) 18.36%
3 years (2021-07-23) 51.83%
5 years (2019-07-24) 84.94%

Is Nelnet stock undervalued or overvalued?

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 30x. In other words, Nelnet shares trade at around 30x recent earnings.

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

Nelnet financials

Revenue TTM $1.3 billion
Operating margin TTM 25.35%
Gross profit TTM $1.3 billion
Return on assets TTM 0.61%
Return on equity TTM 3.16%
Profit margin 11.04%
Book value $90.03
Market Capitalization $4 billion

TTM: trailing 12 months

Nelnet share dividends

30%

Dividend payout ratio: 30.3% of net profits

Recently Nelnet has paid out, on average, around 30.3% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.02% 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 1.02% return on their shares, in the form of dividend payments. In Nelnet's case, that would currently equate to about $1.08 per share.

While Nelnet's payout ratio might seem fairly standard, it's worth remembering that Nelnet may be investing much of the rest of its net profits in future growth.

Nelnet's most recent dividend payout was on 13 June 2024. The latest dividend was paid out to all shareholders who bought their shares by 30 May 2024 (the "ex-dividend date").

Nelnet share price volatility

Over the last 12 months, Nelnet's shares have ranged in value from as little as $80.9096 up to $112.57. A popular way to gauge a stock's volatility is its "beta".

NNI.US volatility(beta: 0.9)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 0.904. This would suggest that Nelnet's shares are less volatile than average (for this exchange).

Nelnet overview

Nelnet, Inc. engages in loan servicing, communications, education technology, services, and payment processing businesses worldwide. The Loan Servicing and Systems segment provides loan conversion, application processing, borrower updates, customer service, payment processing, due diligence procedures, funds management reconciliation, and claim processing services. This segment also offers 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, and processing and technology services. The Education Technology Services and Payments segment provides financial management services; school information system software; website design and cost-effective admissions software; FACTS Giving, a donation platform; and customized professional development and coaching services, educational instruction services, and technology products that aid in teacher and student evaluations. This segment also offers tuition payment plans, and service and technology for student billings, payments, and refunds; solutions for in-person, online, and mobile payment experiences on campus; payment processing services, such as credit card and electronic transfer; faith community, giving, and learning management services and technologies; and an integrated commerce payment platform, financial management, and tuition payment plan services, as well as a school management platform that provides administrative, information and financial management, and communication functions for K-12 schools. The Asset Generation and Management segment acquires, manages, and owns loan assets.

Frequently asked questions

What percentage of Nelnet is owned by insiders or institutions?
Currently 38.295% of Nelnet shares are held by insiders and 49.579% by institutions.
How many people work for Nelnet?
Latest data suggests 7,550 work at Nelnet.
When does the fiscal year end for Nelnet?
Nelnet's fiscal year ends in December.
Where is Nelnet based?
Nelnet's address is: 121 South 13th Street, Lincoln, NE, United States, 68508
What is Nelnet's ISIN number?
Nelnet's international securities identification number is: US64031N1081
What is Nelnet's CUSIP number?
Nelnet's Committee on Uniform Securities Identification Procedures number is: 64031N108

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