NNI - Nelnet, Inc.

NYSE - NYSE Delayed Price. Currency in USD
58.34
-0.45 (-0.77%)
At close: 4:02PM EST
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Previous Close58.79
Open58.93
Bid58.34 x 1800
Ask58.35 x 800
Day's Range58.14 - 58.93
52 Week Range52.56 - 69.97
Volume38,205
Avg. Volume86,968
Market Cap2.316B
Beta (5Y Monthly)0.30
PE Ratio (TTM)19.41
EPS (TTM)3.01
Earnings DateFeb 26, 2020
Forward Dividend & Yield0.80 (1.36%)
Ex-Dividend DateFeb 26, 2020
1y Target Est64.00
  • Here's What We Think About Nelnet, Inc.'s (NYSE:NNI) CEO Pay
    Simply Wall St.

    Here's What We Think About Nelnet, Inc.'s (NYSE:NNI) CEO Pay

    Jeff Noordhoek became the CEO of Nelnet, Inc. (NYSE:NNI) in 2014. This report will, first, examine the CEO...

  • Moody's

    Nelnet Student Loan Trust 2020-1 -- Moody's assigns definitive ratings to Nelnet Student Loan Trust 2020-1

    Moody's Investors Service, ("Moody's") has assigned definitive ratings of Aaa (sf) to the Class A and B notes issued by Nelnet Student Loan Trust 2020-1. The underlying collateral consists of Federal Family Education Loan Program (FFELP) rehabilitated and non-rehabilitated student loans. The ratings are based on the underlying collateral consisting of 100% FFELP student loans, which are indirectly guaranteed by the U.S. Department of Education for a minimum of 97% of defaulted principal and accrued interest; the overcollateralization of the trust, which has an initial parity level of 103.0%; a reserve account sized at the greater of 1.25% of the note balance outstanding, which steps down to 1.00% of the note balance outstanding in March 2022, which further steps down to 0.25% in February 2023, and has a floor of approximately 0.10% of the initial aggregate outstanding principal amount; an initial overcollateralization level of 2.9% of the initial pool balance; and excess spread that is expected to average between 55 and 75 basis points per annum.

  • Moody's

    Nelnet Student Loan Trust 2006-1 -- Moody's upgrades one class of notes in Nelnet Student Loan Trust 2006-1

    Moody's Investors Service, ("Moody's") has upgraded the rating of the Class A-6 Notes issued by Nelnet Student Loan Trust 2006-1. The securitization is backed by student loans originated under the Federal Family Education Loan Program (FFELP) that are guaranteed by the US government for a minimum of 97% of defaulted principal and accrued interest.

  • PR Newswire

    Scott Spethman Appointed President of FACTS

    FACTS, a division of Nelnet, Inc. (NYSE: NNI) and broad-based services and technology partner for more than 11,500 schools, today announced the appointment of Scott Spethman as president, effective immediately. Spethman most recently served as chief sales officer for Nelnet Business Solutions, overseeing sales and customer relationships for FACTS in the K-12 market and Nelnet Campus Commerce in higher education.

  • Moody's

    Nelnet Student Loan Trust 2020-1 -- Moody's assigns provisional rating to Nelnet Student Loan Trust 2020-1

    Moody's Investors Service, ("Moody's") has assigned provisional ratings of (P)Aaa (sf) to the Class A and B notes to be issued by Nelnet Student Loan Trust 2020-1. The underlying collateral consists of Federal Family Education Loan Program (FFELP) rehabilitated and non-rehabilitated student loans. Upon a conclusive review of the final documentation, Moody's will endeavor to assign final ratings to the securities.

  • PR Newswire

    Nelnet Board Approves Dividend

    Nelnet, Inc. (NYSE: NNI) today announced the Nelnet Board of Directors declared a first quarter cash dividend on the company's outstanding shares of Class A common stock and Class B common stock of $0.20 per share. The dividend will be paid on Friday, March 13, 2020, to shareholders of record at the close of business on Friday, February 28, 2020.

  • PR Newswire

    77 Lincoln Nonprofits To Receive Free Internet Service For Ten Years

    Mayor Leirion Gaylor Baird and ALLO Communications today announced the 77 nonprofit organizations that will receive free one gigabit broadband service for 10 years. The Community Connect Program was a key component of the City's broadband franchise agreement with ALLO, a Nebraska-based telecommunications company. A list of the nonprofits is attached.

  • PR Newswire

    Nelnet to Announce Fourth Quarter and Year-End Results

    Nelnet, Inc. (NYSE: NNI) today announced it will release earnings for the fourth quarter and year ended December 31, 2019, after the close of the New York Stock Exchange on Thursday, February 27, 2020. Upon release, additional earnings information will be available at www.nelnetinvestors.com.

  • How Does Nelnet, Inc. (NYSE:NNI) Fare As A Dividend Stock?
    Simply Wall St.

    How Does Nelnet, Inc. (NYSE:NNI) Fare As A Dividend Stock?

    Dividend paying stocks like Nelnet, Inc. (NYSE:NNI) tend to be popular with investors, and for good reason - some...

  • Moody's

    Nelnet Student Loan Trust 2019-7 -- Moody's assigns definitive ratings to Nelnet Student Loan Trust 2019-7

    Moody's Investors Service ("Moody's") has assigned definitive ratings of Aaa (sf) to the Class A-1, A-2, and B notes issued by Nelnet Student Loan Trust 2019-7. The underlying collateral consists of Federal Family Education Loan Program (FFELP) rehabilitated and non-rehabilitated student loans. The ratings are based on the underlying collateral consisting of 100% FFELP student loans, which are indirectly guaranteed by the U.S. Department of Education for a minimum of 97% of defaulted principal and accrued interest; the overcollateralization of the trust, which has an initial parity level of 103.1%; a reserve account sized at the greater of 1.25% of the note balance outstanding, which steps down to 1.00% of the note balance outstanding on January 2022, which further steps down to 0.25% on December 2022, and has a floor of approximately $0.42 million; an initial overcollateralization level of 3.0% of the initial pool balance; and excess spread that is expected to average between 15 and 35 basis points per annum.

  • Nelnet, Inc. (NNI): Are Hedge Funds Right About This Stock?
    Insider Monkey

    Nelnet, Inc. (NNI): Are Hedge Funds Right About This Stock?

    We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]

  • Moody's

    Nelnet Student Loan Trust 2019-7 -- Moody's assigns provisional rating to Nelnet Student Loan Trust 2019-7

    Moody's Investors Service ("Moody's") has assigned provisional ratings of (P)Aaa (sf) to the Class A-1, A-2, and B notes to be issued by Nelnet Student Loan Trust 2019-7. The underlying collateral consists of Federal Family Education Loan Program (FFELP) rehabilitated and non-rehabilitated student loans.

  • PR Newswire

    Nelnet Re-Files Application for Industrial Bank Charter with the FDIC and the Utah Department of Financial Institutions

    LINCOLN, Neb., Nov. 12, 2019 /PRNewswire/ -- Nelnet (NNI) today announced it has re-filed its application with the Federal Deposit Insurance Corporation (FDIC) and the Utah Department of Financial Institutions (UDFI) to establish Nelnet Bank, a Utah-chartered industrial bank. If the charter is granted, Nelnet Bank would operate as an internet bank franchise with a home office in Salt Lake City and would leverage Nelnet's experience and expertise helping students and families plan and pay for their education. Nelnet's roots go back more than 40 years as a federal student loan servicer and more than 30 years as a private education loan originator and servicer.

  • PR Newswire

    Nelnet Reports Third Quarter 2019 Results

    LINCOLN, Neb. , Nov. 7, 2019 /PRNewswire/ --  Nelnet (NYSE: NNI) today reported GAAP net income of $33.2 million , or $0.83 per share, for the third quarter of 2019, compared with GAAP net income of $42.9 ...

  • Moody's

    Nelnet Student Loan Trust 2019-6 -- Moody's assigns definitive ratings to Nelnet Student Loan Trust 2019-6

    Moody's Investors Service ("Moody's") has assigned definitive ratings of Aaa (sf) to the Class A and Class B notes issued by Nelnet Student Loan Trust 2019-6. The underlying collateral consists of Federal Family Education Loan Program (FFELP) rehabilitated and non-rehabilitated student loans. The ratings are based on the underlying collateral consisting of 100% FFELP student loans, which are indirectly guaranteed by the U.S. Department of Education for a minimum of 97% of defaulted principal and accrued interest; the overcollateralization of the trust, which is expected to have an initial parity level of 102.5%; a reserve account sized at the greater of 1.25% of the note balance outstanding, which steps down to 1.00% of the note balance outstanding in November 2021, which further steps down to 0.25% in October 2022, and has a floor of approximately $0.15 million; an initial overcollateralization level of 2.5% of the initial pool balance; and excess spread that is expected to average between 100 and 120 basis points per annum.

  • Moody's

    Nelnet, Inc. -- Moody's affirms Nelnet, Inc.'s Ba1 corporate family rating; outlook remains stable

    Moody's Investors Service ("Moody's") has affirmed Nelnet, Inc.'s Ba1 Corporate Family Rating (CFR) and Ba2 (hyb) junior subordinated debt rating. Moody's also has withdrawn the outlook on Nelnet's long-term corporate family for its own business reasons. Please refer to the Moody's Investors Service Policy for Withdrawal of Credit Ratings, available on its website, www.moodys.com.

  • Investors Who Bought Nelnet (NYSE:NNI) Shares Three Years Ago Are Now Up 53%
    Simply Wall St.

    Investors Who Bought Nelnet (NYSE:NNI) Shares Three Years Ago Are Now Up 53%

    It might be of some concern to shareholders to see the Nelnet, Inc. (NYSE:NNI) share price down 10% in the last month...

  • PR Newswire

    FACTS Launches New Mobile App for K-12 Schools and Families

    FACTS Family App Delivers Better Communication and Convenience for K-12 Families LINCOLN, Neb. , Oct. 21, 2019 /PRNewswire/ -- FACTS, a Nelnet company and leading provider of service and technology solutions ...

  • PR Newswire

    Nelnet to Announce Third Quarter Results on November 7

    LINCOLN, Neb. , Oct. 17, 2019 /PRNewswire/ -- Nelnet, Inc. (NYSE: NNI) today announced it will release earnings for the third quarter ended September 30, 2019 , after the close of the New York Stock Exchange ...

  • Moody's

    Nelnet Student Loan Trust 2019-6 -- Moody's assigns provisional ratings to Nelnet Student Loan Trust 2019-6

    Moody's Investors Service ("Moody's") has assigned provisional ratings of (P)Aaa (sf) to the Class A and Class B notes to be issued by Nelnet Student Loan Trust 2019-6. The underlying collateral consists of Federal Family Education Loan Program (FFELP) rehabilitated and non-rehabilitated student loans.

  • PR Newswire

    ALLO Introduces Next Generation of Managed Wi-Fi with the ALLO Blast

    The ALLO Blast, equipped with Wi-Fi 6 capabilities, provides better service than ever. LINCOLN, Neb. , Sept. 26, 2019 /PRNewswire/ -- Today, ALLO Communications (ALLO) introduced the next generation of ...

  • Moody's

    Nelnet Student Loan Trust 2019-5 -- Moody's assigns definitive rating to Nelnet Student Loan Trust 2019-5

    Moody's Investors Service ("Moody's") has assigned definitive ratings of Aaa (sf) to the Class A and Class B notes issued by Nelnet Student Loan Trust 2019-5. The underlying collateral consists of Federal Family Education Loan Program (FFELP) rehabilitated and non-rehabilitated student loans.

  • Moody's

    Nelnet, Inc. -- Moody's announces completion of a periodic review of ratings of Nelnet, Inc.

    Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Nelnet, Inc. New York, September 16, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Nelnet, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

  • Moody's

    Nelnet Student Loan Trust 2019-5 -- Moody's assigns provisional rating to Nelnet Student Loan Trust 2019-5

    Moody's Investors Service ("Moody's") has assigned provisional ratings of (P)Aaa (sf) to the Class A and Class B notes to be issued by Nelnet Student Loan Trust 2019-5. The underlying collateral consists of Federal Family Education Loan Program (FFELP) rehabilitated and non-rehabilitated student loans. Upon a conclusive review of the final documentation, Moody's will endeavor to assign final ratings to the securities.

  • 5 Bargain Stocks Boosting Book Value
    GuruFocus.com

    5 Bargain Stocks Boosting Book Value

    2 banks on the list Continue reading...