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Last $44.79 USD
Change Today +0.91 / 2.07%
Volume 150.6K
NNI On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 07/6/15 All times are local (Market data is delayed by at least 15 minutes).

nelnet inc-cl a (NNI) Snapshot

Open
$43.50
Previous Close
$43.88
Day High
$44.92
Day Low
$43.24
52 Week High
02/6/15 - $48.80
52 Week Low
07/8/14 - $40.16
Market Cap
2.1B
Average Volume 10 Days
166.2K
EPS TTM
$6.39
Shares Outstanding
34.6M
EX-Date
05/28/15
P/E TM
7.0x
Dividend
$0.40
Dividend Yield
0.89%
Current Stock Chart for NELNET INC-CL A (NNI)

nelnet inc-cl a (NNI) Related Businessweek News

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nelnet inc-cl a (NNI) Details

Nelnet, Inc. provides educational services in loan servicing, payment processing, education planning, and asset management in the United States. It also offers education-related products and services. The company operates in three segments: Student Loan and Guaranty Servicing, Tuition Payment Processing and Campus Commerce, and Asset Generation and Management. The Student Loan and Guaranty Servicing segment is involved in loan servicing activities, such as loan conversion activities, application processing, borrower updates, customer service, payment processing, due diligence procedures, funds management reconciliations, and claim processing for the company’s student loan portfolio and the portfolios of third parties. This segment also provides software and data center, borrower and loan updates, default aversion tracking, claim processing, and post-default collection services for guarantee agencies; and student loan servicing software. The Tuition Payment Processing and Campus Commerce segment offers products and services to help students and families to manage the payment of education costs at various levels; and education-focused technologies, services, and support solutions to schools for collecting and processing commerce data. The Asset Generation and Management segment engages in the acquisition, management, and ownership of the company’s student loan assets. Its customers include students and families; colleges and universities, primarily financial aid, business, and admissions offices; private, faith-based, and other K-12 schools; lenders and state agencies in education finance; and government entities. The company was founded in 1978 and is headquartered in Lincoln, Nebraska.

3,100 Employees
Last Reported Date: 02/27/15
Founded in 1978

nelnet inc-cl a (NNI) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: $1.3M
President
Total Annual Compensation: $625.0K
Executive Chairman and Chairman of Executive ...
Total Annual Compensation: $1.1M
Chief Financial Officer and Principal Account...
Total Annual Compensation: $662.5K
Chief Operating Officer
Total Annual Compensation: $1.3M
Compensation as of Fiscal Year 2014.

nelnet inc-cl a (NNI) Key Developments

Nelnet, Inc. Declares Second Quarter Cash Dividend Payable on June 15, 2015

Nelnet, Inc. Board of Directors declared a second quarter cash dividend on the company's outstanding shares of Class A common stock and Class B common stock of $0.10 per share. The dividend will be paid on June 15, 2015, to shareholders of record at the close of business on June 1, 2015.

Nelnet, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Nelnet, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported total interest income of $174,149,000 compared to $158,875,000 a year ago. Net interest income was $102,595,000 compared to $98,871,000 a year ago. Income before income taxes was $102,436,000 compared to $114,910,000 a year ago. Net income attributable to the company was $64,765,000 or $1.40 per basic and diluted share compared to $73,786,000 or $1.59 per basic and diluted share a year ago. The decrease in earnings for the first quarter of 2015, compared with the same period in 2014, was due to expected decreases in earnings from the company's Student Loan and Guaranty Servicing segment, a decrease in investment advisory service fees, and reduced gains from investments. This decrease was partially offset by an increase in net interest income earned from the company's student loan portfolio as a result of recent loan purchases. Excluding derivative market value and foreign currency adjustments, net income was $63.4 million, or $1.37 per share, for the first quarter of 2015, compared with $72.6 million, or $1.56 per share, for the same period in 2014.

Nelnet, Inc. to Report Q1, 2015 Results on May 07, 2015

Nelnet, Inc. announced that they will report Q1, 2015 results at 5:00 PM, Eastern Standard Time on May 07, 2015

 

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Industry Analysis

NNI

Industry Average

Valuation NNI Industry Range
Price/Earnings 6.8x
Price/Sales 2.6x
Price/Book 1.1x
Price/Cash Flow 6.3x
TEV/Sales NM Not Meaningful
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