Nelnet Stock (NYSE:NNI)


RevenueOwnershipFinancialsChart

Previous Close

$104.37

52W Range

$92.79 - $127.32

50D Avg

$112.21

200D Avg

$110.38

Market Cap

$3.83B

Avg Vol (3M)

$52.86K

Beta

0.87

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.

Show More

Industry

Financial - Credit Services

Sector

Financial Services

Exchange

NYSE

ADR

-

Country

US

Employees

6,739

IPO Date

Dec 12, 2003

Website

NNI Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 24Dec 23Dec 22
Software Services$21.03M$29.21M$33.41M
Tuition Payment Plan Services$135.85M$125.33M$110.80M
Education Technology Services$169.06M$170.75M-
Outsourced Services$4.79M$13.58M$13.76M
Other Service Offering$3.00M$3.37M$2.85M
Loan Servicing And Systems Revenue$482.41M$517.95M$535.46M
Payment Processing$179.04M$163.86M$148.21M
Private Education And Consumer Loan Servicing$63.45M$48.98M$49.21M
Education Technology Services And Payment Processing Services--$408.54M
Education Technology And Services--$146.68M

Fiscal year ends in Dec 24 | Currency in USD

NNI Financial Summary


Dec 24Dec 23Dec 22
Revenue$1.17B$2.13B$1.41B
Operating Income-$943.60M$950.71M
Net Income$184.04M$91.53M$407.35M
EBITDA-$1.02B$1.01B
Basic EPS$4.95$2.39$10.63
Diluted EPS$4.95$2.39$10.63

Fiscal year ends in Dec 24 | Currency in USD

Latest Earnings Call Transcripts


Q3 09Nov 10, 09 | 11:00 AM
Q2 09Aug 12, 09 | 3:00 PM
Q4 08Mar 03, 09 | 3:00 PM

Peer Comparison


TickerCompany
AGMFederal Agricultural Mortgage Corporation
IXORIX Corporation
NAVINavient Corporation
SLMSLM Corporation
ENVAEnova International, Inc.
MFINMedallion Financial Corp.
FCFSFirstCash Holdings, Inc
EZPWEZCORP, Inc.
OPRTOportun Financial Corporation