Nelnet Stock (NYSE:NNI)


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$106.11

52W Range

$82.22 - $127.32

50D Avg

$110.99

200D Avg

$105.31

Market Cap

$3.84B

Avg Vol (3M)

$52.90K

Beta

0.92

Div Yield

$1.12 (1.06%)

NNI Company Profile


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 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; 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. It 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 engagement, giving management, 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 management, financial management, and communication functions for K-12 schools. The Communications segment provides fiber optic service to homes and businesses for internet, television, and telephone services. The Asset Generation and Management segment acquires, manages, and owns loan assets. The Nelnet Bank segment operates internet industrial banks. The company was founded in 1978 and is headquartered in Lincoln, Nebraska.

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Industry

Financial - Credit Services

Sector

Financial Services

Exchange

NYSE

ADR

-

Country

US

Employees

7,550

IPO Date

Dec 12, 2003

Website

NNI Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Other Service Offering$3.37M$2.85M$2.00M
Education Technology Services$170.75M--
Tuition Payment Plan Services$125.33M$110.80M$103.97M
Software Services$29.21M$33.41M$34.60M
Private Education And Consumer Loan Servicing$48.98M$49.21M$47.30M
Payment Processing$163.86M$148.21M$127.08M
Outsourced Services$13.58M$13.76M-
Loan Servicing And Systems Revenue$517.95M$535.46M$486.36M
Education Technology And Services-$146.68M$105.19M
Education Technology Services And Payment Processing Services-$408.54M$338.23M
Outsourced Services Revenue And Other--$25.39M
FFELP Servicing--$18.28M
Administrative Service--$3.31M
Government Servicing - Great Lakes--$193.21M
Investment Advice--$7.77M

Fiscal year ends in Dec 23 | Currency in USD

NNI Financial Summary


Dec 23Dec 22Dec 21
Revenue$1.11B$1.41B$1.23B
Operating Income$-342.24M$950.71M$509.11M
Net Income$91.53M$407.35M$393.29M
EBITDA$995.99M$1.02B$582.85M
Basic EPS-$10.83$10.20
Diluted EPS-$10.83$10.20

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q3 09Nov 10, 09 | 3:26 PM
Q2 09Aug 12, 09 | 6:10 PM
Q4 08Mar 03, 09 | 10:38 PM

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