Last $46.32 USD
Change Today -0.50 / -1.07%
Volume 26.9K
NNI On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 12/26/14 All times are local (Market data is delayed by at least 15 minutes).

nelnet inc-cl a (NNI) Snapshot

Open
$47.08
Previous Close
$46.82
Day High
$47.08
Day Low
$46.20
52 Week High
11/5/14 - $48.52
52 Week Low
02/5/14 - $34.86
Market Cap
2.1B
Average Volume 10 Days
77.3K
EPS TTM
$6.56
Shares Outstanding
34.8M
EX-Date
11/26/14
P/E TM
7.1x
Dividend
$0.40
Dividend Yield
0.86%
Current Stock Chart for NELNET INC-CL A (NNI)

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nelnet inc-cl a (NNI) Details

Nelnet, Inc., an education services company, provides processing services, and education-related products and services in the areas of asset management and finance, loan servicing, payment processing, and enrollment services in the United States. The company operates in four segments: Student Loan and Guaranty Servicing, Tuition Payment Processing and Campus Commerce, Enrollment Services, 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 Enrollment Services segment provides inquiry generation, inquiry management agency services, inquiry management software, digital marketing services, and content solutions. The Asset Generation and Management segment is engaged 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, servicers, and state agencies in education finance; and government entities. The company was founded in 1978 and is headquartered in Lincoln, Nebraska.

2,800 Employees
Last Reported Date: 02/27/14
Founded in 1978

nelnet inc-cl a (NNI) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: $1.1M
President
Total Annual Compensation: $529.0K
Executive Chairman and Chairman of Executive ...
Total Annual Compensation: $1.0M
Chief Operating Officer
Total Annual Compensation: $1.0M
Chief Governance Officer, General Counsel and...
Total Annual Compensation: $407.1K
Compensation as of Fiscal Year 2013.

nelnet inc-cl a (NNI) Key Developments

Nelnet, Inc. Declares Fourth Quarter Cash Dividend, Payable on December 15, 2014; Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

The Nelnet Board of Directors declared a fourth 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 December 15, 2014, to shareholders of record at the close of business on December 1, 2014. The company reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported total interest income of $189,424,000 compared to total interest income of $160,237,000 for the same period a year ago. Net interest income was $117,487,000 compared to $104,922,000 last year. Income before income taxes was $131,889,000 compared to $93,490,000 last year. Net income was $85,376,000 compared to $63,046,000 last year. Net income attributable to the company was $85,219,000 or $1.84 per basic and diluted share compared to $62,830,000 or $1.35 per basic and diluted share last year. Excluding derivative market value and foreign currency adjustments, net income was $67.2 million, or $1.45 per share, for the third quarter of 2014, compared with $69.0 million, or $1.48 per share, for the same period in 2013. For the nine months, the company reported total interest income of $525,247,000 compared to total interest income of $476,939,000 for the same period a year ago. Net interest income was $324,071,000 compared to $305,139,000 last year. Income before income taxes was $365,564,000 compared to $356,890,000 last year. Net income was $235,362,000 compared to $233,253,000 last year. Net income attributable to the company was $233,999,000 or $5.03 per basic and diluted share compared to $232,152,000 or $4.98 per basic and diluted share last year.

Nelnet, Inc. to Report Q3, 2014 Results on Nov 06, 2014

Nelnet, Inc. announced that they will report Q3, 2014 results at 5:00 PM, Eastern Standard Time on Nov 06, 2014

Nelnet, Inc. Declares Third Quarter Cash Dividend, Payable on September 15, 2014

The Nelnet Board of Directors declared a third 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 September 15, 2014, to shareholders of record at the close of business on September 1, 2014.

 

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Industry Analysis

NNI

Industry Average

Valuation NNI Industry Range
Price/Earnings 7.1x
Price/Sales 2.4x
Price/Book 1.3x
Price/Cash Flow 6.6x
TEV/Sales NM Not Meaningful
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