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NNI

Nelnet, Inc.

Financial Services · USD

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Price alert · NNI

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122.47 USD -1.07 -0.87%
As of Oct 30, 2026 Extended hours 122.47 0.00%
Bid
122.03 × 100
Ask
122.63 × 100
122.08 Day range 123.68
121.88 52-week range 144.23
YTD
-7.89%
1 year
-4.57%
Open
124.03
Prev close
123.54
Mkt cap
4.38B
Vol
120.55K
Avg vol
141.06K
EPS
8.37
P/E
14.63
Div yield
1.07%
More statistics
Low
122.08
High
123.68
Forward P/E
14.41
Beta
0.77
Short ratio
5.01
Inst. own
48.98%
Dividend
1.32
Ex-div date
Aug 31, 2026
Earnings
Nov 5, 2026
50-d avg
125.67
200-d avg
130.31
1y target
125.00

2Y chart

Chart tools
Interval
NNI two-year price chart98.2109.7121.3132.8144.4Oct 24Mar 25Aug 25Jan 26Jun 26Oct 26

Key statistics

Market cap
4.38B
Enterprise value
11.15B
Trailing P/E
14.64
Forward P/E
14.41
PEG ratio
0.46
Price / sales
2.94
Price / book
1.16
EPS (TTM)
8.37
Beta
0.77
Dividend yield
1.07%
Payout ratio
15.41%
Profit margin
20.30%
Revenue (TTM)
1.49B
Revenue growth
-30.50%
Free cash flow
0
Total cash
175.21M
Total debt
7.04B
Return on equity
6.76%
Shares outstanding
25.16M
Short % of float
4.99%
50-day average
125.67
200-day average
130.31

Analyst view

Consensus: none

Price target (mean) 125.00
Ratings (0m) 1 0 buy · 1 hold · 0 sell
  • Strong buy0
  • Buy0
  • Hold1
  • Sell0
  • Strong sell0

Next earnings

Nov 5, 2026

Expected Nov 5, 2026. Consensus EPS estimate 1.83.

Earnings history

Financials — quick view

All financials
NNI Revenue — quarterly 366.50M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
NNI Net income — quarterly 66.66M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
NNI EPS — quarterly 1.85
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026

Earnings

NNI recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Nov 5, 2026Sep 30, 20261.83———
Aug 6, 2026Jun 30, 20262.131.77-0.36-16.90%
May 7, 2026Mar 31, 20262.661.94-0.72-27.07%
Feb 26, 2026Dec 31, 20251.631.56-0.07-4.29%
Nov 6, 2025Sep 30, 20251.522.95+1.43+94.08%
Aug 6, 2025Jun 30, 20251.915.05+3.14+164.40%

Upgrades / downgrades

NNI analyst upgrades and downgrades
DateFirmActionFromTo
Oct 6, 2026TD CowenmainHoldHold
Jan 8, 2026TD CowenmainHoldHold
Nov 10, 2025TD CowenmainHoldHold
Aug 12, 2024TD CowenmainHoldHold
May 14, 2024TD CowenmainHoldHold
Nov 1, 2023TD Coweninit—Market Perform

About Nelnet, Inc.

Nelnet, Inc. engages in loan servicing, education technology services, and payment businesses worldwide. The company operates through four segments: Loan Servicing and Systems, Education Technology Services and Payments, Asset Generation and Management, and Nelnet Bank. The Loan Servicing and Systems segment provides loan conversion, application processing, borrower updates, customer, payment processing, due diligence procedures, funds management reconciliation, and claim processing services. This segment also offers student loan servicing software; and business process outsourcing services primarily in contact center management, such as inbound calls, outreach campaigns and sales, and interacting with customers through multi-channels, and processing and administrative services. The Education Technology Services and Payments segment provides financial management services; school information system software; a donation platform; education technology solutions; and customized professional development and coaching, and advanced learning and educational instruction services. 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; learning management system; an integrated commerce payment platform; and a school management platform that provides administrative, information and financial management, and communication functions for K-12 schools. The Asset Generation and Management segment invest, allocates an manages loan assts. The Nelnet Bank segment operates as an internet industrial bank. It also offers investment advisory, investment, and reinsurance services, as well as engages in the real estate investment; and solar engineering, procurement, and construction businesses. The company was founded in 1977 and is headquartered in Lincoln, Nebraska.

Sector
Financial Services
Industry
Credit Services
Country
United States
Website
nelnet.com

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Insider holders

NNI insider holders
InsiderRelationLatest transactionDateShares held
DUNLAP MICHAEL SOfficer, Director and Beneficial OwnerStock GiftNov 18, 20251,383,120
FARRELL KATHLEEN ANNEDirectorStock Award(Grant)Sep 14, 202622,755
GRAFF DAVID SDirectorStock Award(Grant)Sep 14, 202631,953
HEIMES TERRY JChief Operating OfficerStock Award(Grant)Mar 9, 2026252,223
KRUGER JAMES DChief Financial OfficerStock GiftOct 4, 20260
MUHLEISEN ANGELA LBeneficial Owner of more than 10% of a Class of SecurityStock GiftAug 17, 20253,188,670

Institution ownership

NNI institution ownership
Holder% heldSharesValueReported
Dimensional Fund Advisors LP7.36%1,852,273226.93MJun 29, 2026
Magnolia Group, LLC5.05%1,269,723155.56MJun 29, 2026
Farmers & Merchants Investments Inc4.66%1,172,478143.65MSep 29, 2026
Blackrock Inc.4.62%1,162,288142.40MJun 29, 2026
Vanguard Portfolio Management LLC2.76%695,62185.22MJun 29, 2026
Vanguard Capital Management LLC2.32%584,97071.67MJun 29, 2026

Fund ownership

NNI fund ownership
Holder% heldSharesValueReported
DFA INVESTMENT DIMENSIONS GROUP INC-U.S. Small Cap Value Portfolio2.14%539,60866.11MJul 30, 2026
iShares Trust-iShares Russell 2000 ETF1.61%404,26149.53MSep 29, 2026
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund1.60%402,35649.29MJun 29, 2026
American Century ETF Trust-Avantis U.S. Small Cap Value ETF1.56%392,28848.06MSep 29, 2026
VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund1.15%290,09235.54MJun 29, 2026
DFA INVESTMENT DIMENSIONS GROUP INC-U.S. Targeted Value Portfolio0.94%236,09028.92MJul 30, 2026
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