Nelnet Inc - Class A

Market cap: $2,345,830,312

Exchange: NYS

Sector: Finance

Nelnet, Inc. engages in the provision of education-related products and services, as well as loan asset management. It operates through the business following segments: Loan Systems & Servicing, Education Technology, Services and Payment Processing, Communications, and Asset Generation and Management. The System & Servicing segment specializes in student loan portfolio and the portfolios of third parties such as loan conversion activities, application processing, borrower updates, customer service, payment processing, due diligence procedures, funds management reconciliations, and claim processing. The Education Technology, Services and Payment Processing segment provides products and services to help students and families manage the payment of education costs at all levels, as well as school information system software for private and faith-based schools that help schools automate administrative processes such as admissions, scheduling, student billing, attendance, and grade book management. The Communications segment is the operation of Allo Communications LLC which provides pure optic service to homes and businesses for internet, broadband, television, and telephone services. The Asset Generation & Management segment is the acquisition, management, and ownership of student loan assets. The company was founded by Michael S. Dunlap and Stephen F. Butterfield in 1977 and is headquartered in Lincoln, NE.

Key Statistics

Company Name

Nelnet Inc

Average Volume (10 days)

112,179

Average Volume (30 days)

102,038

Moving Average (50 days)

$88.18

Moving Average (200 days)

$87.09

Ex-Divided Date

Feb 29, 2024

Dividend Yield

0.0121

P/E Ratio

25.6285

Market Cap

2,345,830,312

Shares Outstanding

26,378,391

52-Week High Split Adjust Only

100.64

52-Week Low Split Adjust Only

81.13

Employee Count

2,960

Beta

0.7123

Next Earnings Date

2024-05-06

TTM Dividend Rate Per Share

1.0749

Price Changes

Past 5 days

0.01%

Past 30 days

-0.01%

Past 3 months

0.02%

Past 6 months

-0.01%

Past year

0.01%

Past 2 years

0.06%

Past 5 years

0.7%

Max % Change

3.19%

PEER GROUP COMPARATIVE PERFORMANCE

NameTickerPrice/Sales (ttm)Price/Book (ttm)Forward P/EPEG RatioEV/Revenue
Nelnet Inc - Class ANNI1.190.7510.71.191.19
Peer AvgN/A2.040.787.22.042.40
Fidelity National Information Services, Inc.FIS7.281.9123.07.288.73
Navient CorpNAVI0.871.205.70.870.87
San Juan Basin Royalty Trust - UnitSJTn/an/an/an/an/a
Nicholas Financial, Inc.NICKn/an/an/an/an/a