Nelnet Stock Forecast, Price & News NYSE:NNI

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FARMERS & MERCHANTS INVESTMENTS INC Buys 4, Sells 1 in 3rd Quarter

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Nelnet, Inc. is a diversified company that is focused on offering loan servicing and education technology, services, and payment processing. The Company’s segments include Loan Servicing and Systems ; Education Technology, Services, and Payment Processing (ETS&PP); Communications; Asset Generation and Management , and Nelnet Bank. The LSS segment is focused on student and consumer loan origination services and servicing, loan origination and servicing-related…

Key Earnings Data

Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios. Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends.

A high percentage of insider ownership can be a sign of company health. MarketBeat has tracked 2 news articles for Nelnet this week, compared to 2 articles on an average week. Nelnet has a short interest ratio (“days to cover”) of 4.7.

Analyst Ratings

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• Nelnet pays a meaningful dividend of 1.11%, higher than the bottom 25% of all stocks that pay dividends.
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Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies. The changes are just one part of a larger effort across multiple administrations to make student loan servicing smoother and more centralized as borrowers apply for student loan forgiveness and repayment programs. Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations.

Quotes & News

If you have student loans serviced by Nelnet, Great Lakes, Navient, or FedLoan Servicing, you may want to read this. Consensus Price Target is the stock price analysts expect to see within a period of 0-18 months. Wells Fargo & Co. said late Friday it has agreed to sell its private student loan portfolio to investors, with Firstmark, a division of Nelnet Inc. assuming responsibility for servicing the portfolio upon the sale. Borrowers are slated to resume student loan payments in a few months and if they need help, it may be harder to get someone on the phone than in the recent past. According to one analyst, the rating for NNI stock is “Hold” and the 12-month stock price forecast is $93.0.

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About MarketBeat

This suggests that the stock has a possible downside of 3.4%. View analysts price targets for NNI or view top-rated stocks among Wall Street analysts. 1 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for Nelnet in the last twelve months.

Approximately 1.7% of the https://1investing.in/ of the company are sold short. Investing.com – Nelnet reported on Monday third quarter erl-21175||earnings that matched analysts’ forecasts and revenue that topped expectations. On Aug. 24, President Joe Biden signed an executive order addressing student loan debt.

Navient (NAVI) Stock Falls on Student Loan Forgiveness Threat

Other financial advisor career pros and cons data may be delayed by 15 minutes or more. Nelnet declared a quarterly dividend on Wednesday, February 1st. Stockholders of record on Wednesday, March 1st will be given a dividend of $0.26 per share on Wednesday, March 15th. This represents a $1.04 annualized dividend and a dividend yield of 1.08%. Nelnet’s stock was trading at $90.75 at the beginning of the year. Since then, NNI shares have increased by 6.1% and is now trading at $96.30.

1 brokerages have issued twelve-month target prices for Nelnet’s shares. Their NNI share price forecasts range from $93.00 to $93.00. On average, they predict the company’s share price to reach $93.00 in the next twelve months.

Represents the company’s profit divided by the outstanding shares of its common stock. Morningstar Quantitative ratings for equities are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. The technique has proven to be very useful for finding positive surprises. Sign Up NowGet this delivered to your inbox, and more info about our products and services. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. As an investor, you want to buy stocks with the highest probability of success.