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Nelnet, Inc.NNI
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Overview >
Market Cap
3.81B
Revenue (ttm)
1.35B
Net Income (ttm)
184.05M
Shares Out
36.29M
EPS (ttm)
5.02
PE Ratio
20.56
Forward PE
15.77
Dividend
$1.12 (1.08%)
Ex-Dividend Date
Feb 28, 2025
Volume
11,773
Open
103.41
Previous Close
104.16
Day's Range
102.00 - 104.93
52-Week Range
92.79 - 127.32
Beta
0.87
Analysts
Hold
Price Target
98.00 (-6.6%)
Earnings Date
May 8, 2025
Description >

Nelnet, Inc. engages in loan servicing, communications, education technology, services, and payment processing businesses worldwide.

Its 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 offers 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 company's Education Technology, Services, and Payment Processing segment provides 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, giving, 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 and financial management, and communication functions for K-12 schools.

Its Communications segment provides fiber optic service to homes and businesses for internet, television, and telephone services.

The Company's Asset Generation and Management segment acquires, manages, and owns loan assets. Its Nelnet Bank segment operates as an internet industrial bank.

The company was founded in 1978 and is headquartered in Lincoln, Nebraska.

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