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NNI stock logo

NNI

Nelnet, Inc.

$131.15
2.25
 (1.75%)
Exchange:  NYSE
Market Cap:  4.713B
Shares Outstanding:  41.091M
Delayed data
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Overview
Earnings
Financials
Valuation
Chart

About The Company

Sector:  Financial Services
Industry:  Financial – Credit Services
   
CEO:  Jeffrey R. Noordhoek
Full Time Employees:  6739
Address: 
121 South 13th Street
Lincoln
NE
68508
US
Website:  https://nelnetinc.com
Nelnet, Inc. operates globally, encompassing a variety of businesses including loan management, telecommunications, educational technology, related services, and payment processing solutions. Its Loan Servicing and Systems division offers comprehensive support for loan operations. This includes converting and processing loan applications, managing borrower data, providing customer service, handling payments, executing due diligence, reconciling funds, and processing claims. The segment also develops specialized software for student loan servicing and delivers business process outsourcing, with a focus on contact center management through inbound calls, outreach campaigns, sales, and multi-channel customer engagement. The Education Technology, Services, and Payment Processing segment provides an extensive array of solutions. These span financial management services, school information system software, website design, and cost-effective admissions software. It also operates FACTS Giving, a dedicated donation platform, alongside tailored professional development, coaching, and educational instruction services, as well as technological tools for teacher and student assessments. This segment facilitates tuition payment plans and offers end-to-end technology and services for student billing, payments, and refunds. Furthermore, it supports on-campus payment options (in-person, online, mobile) and general payment processing via credit card and electronic transfers. Additional offerings include services and technologies for faith community engagement, giving management, and learning management. A core offering is an integrated commerce payment platform, combined with financial management and tuition payment plan services, alongside a robust K-12 school management platform that handles administrative, informational, financial, and communication functions. The Communications unit supplies fiber optic services for internet, television, and telephone to both residential and business clients. Through its Asset Generation and Management segment, Nelnet is engaged in the acquisition, oversight, and ownership of various loan assets. Finally, the Nelnet Bank segment manages and operates internet-based industrial banks. Nelnet, Inc. was established in 1978 and is headquartered in Lincoln, Nebraska.

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Revenue Segmentation

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EPS

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Earnings Call

Full text

Earnings transcript

Read the complete earnings call transcript.

AI summary

Key takeaways

Short, structured highlights from the call so you can focus on what matters.

2009/11/10 — 3 quarter 2009

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Income Statement
Balance Sheet
Cash Flow Statement
Analyst Estimates

Income Statement

Year202320242025
Revenue1,814,3521,846,6622,263,351
Gross Profit961,1461,111,5181,969,937
EBITDA214,108361,1111,056,853
Operating Income68,715228,5841,144,894
Net Income89,826184,045428,474

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(* All numbers are in thousands)

Balance Sheet

Year202320242025
Total Assets16,736,64513,777,7536,203,730
Total Liabilities13,514,73010,478,6364,634,669
Total Stockholders Equity3,262,6213,349,7621,569,061
Total Debt11,620,2298,309,7970
Cash and Cash Equivalents168,112194,5182,643,954

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Cash Flow Statement

Year202320242025
Operating Cash Flow432,975662,890-78,259
Capital Expenditure-74,052-20,9030
Free Cash Flow358,923641,987-78,259
Net Income54,435175,915428,474
Net Change in Cash-332,125-94,471-9,461

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(* All numbers are in thousands)

Analyst Estimates

Fiscal Year2027Full AccessFull AccessFull AccessFull Access
Estimated Revenue (Low)1,793,500Full AccessFull AccessFull AccessFull Access
Estimated Revenue (High)1,793,500Full AccessFull AccessFull AccessFull Access
Estimated Revenue (Avg)1,793,500Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (Low)574,342.020Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (High)574,342.020Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (Avg)574,342.020Full AccessFull AccessFull AccessFull Access
Estimated Net Income (Low)356,021.818Full AccessFull AccessFull AccessFull Access
Estimated Net Income (High)356,021.818Full AccessFull AccessFull AccessFull Access
Estimated Net Income (Avg)356,021.818Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (Low)487,788.606Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (High)487,788.606Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (Avg)487,788.606Full AccessFull AccessFull AccessFull Access
Estimated EPS (Avg)9.800Full AccessFull AccessFull AccessFull Access
Estimated EPS (High)9.800Full AccessFull AccessFull AccessFull Access
Estimated EPS (Low)9.800Full AccessFull AccessFull AccessFull Access
Number of Analysts (Estimated Revenue)1Full AccessFull AccessFull AccessFull Access
Number of Analysts (Estimated EPS)1Full AccessFull AccessFull AccessFull Access

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(* All numbers are in thousands)

Current Key Metrics

?Revenue
 (TTM)
: 
2.122B  ?P/S
 (TTM)
: 
2.17
?Net Income
 (TTM)
: 
180.498M  ?P/E
 (TTM)
: 
11.16
?Enterprise Value
 (TTM)
: 
12.217B  ?EV/FCF
 (TTM)
: 
32.97
?Dividend Yield
 (TTM)
: 
0.01  ?Payout Ratio
 (TTM)
: 
0.11
?ROE
 (TTM)
: 
0.11  ?ROIC
 (TTM)
: 
0.04
?Net Debt
 (TTM)
: 
7.39B  ?Debt/Equity
 (TTM)
: 
2.06
?P/B
 (TTM)
: 
1.25  ?Current Ratio
 (TTM)
: 
0

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Forward P/E Ratios

?

Forward P/E (Avg EPS estimate) — log in with Full Access for high/low estimates and the interactive table.

Forward P/E 1YFull AccessFull AccessFull AccessFull Access
15.25Full AccessFull AccessFull AccessFull Access

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SWOT Analysis

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At what price to buy it? -
Intrinsic Value Calculator

Based on current fundamentals and analyst forecasts, MARKETSnap estimates NNI intrinsic value between $259.19 – $272.47 per share. This depends on revenue growth, margins, and discount rate.

This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.

[intrinsic_calculator]

Common questions about NNI valuation

Is Nelnet, Inc. (NNI) overvalued or undervalued right now?

MARKETSnap estimates intrinsic value for Nelnet, Inc. (NNI) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.

Is NNI a buy, hold, or sell for long-term investors?

MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether NNI trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.

What is NNI’s P/E ratio?

You can see NNI’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.

How is intrinsic value calculated for NNI?

MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.

Is NNI a good long-term investment?

Whether NNI fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.

NNI

1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.

Daily snapshot

1.75
MARKETSnap

Trading Metrics:

Open: 130.01   Previous Close: 128.9
Day Low: 129.67   Day High: 131.53
Year Low: 112.16   Year High: 144.38
Price Avg 50:    Price Avg 200: 
Volume:    Average Volume: 

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See in Nexus

Relevant news

Nelnet Business Services Acquires Passtab Safety and Compliance Platform
Nelnet Campus Commerce to Be Featured on Now We Know! with Steve Guttenberg - Airing April 18 on CNBC
Nelnet to Announce First Quarter Results
University of Louisiana System Announces Unified Payment and Operational Partnership with Nelnet Campus Commerce
Nelnet to Announce Fourth Quarter Results; Board Approves Dividend
Nelnet Announces Retirement of President Tim Tewes

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