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Nelnet, Inc. (NNI)

Financial Services | Credit Services | Lincoln, United States | NYSE
131.88 USD -1.63 (-1.221%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★★☆☆Dividends:★★★☆☆
Hot Take | July 11, 2026, 5:43 a.m. EDT

The immediate outlook is constructive, driven by a confluence of technical resilience and speculative positioning. Despite a recent dip below the 50-day moving average, the stock has staged a robust recovery, trading near its 200-day average and closing the last session near the weekly high. This technical bounce aligns perfectly with the options flow, where traders are aggressively buying calls at strikes 130 and 135, creating a 'wall' of support that suggests a floor for the near term. The statistical forecast model also leans slightly positive, reinforcing the idea that the selling pressure may be exhausted. However, the long-term picture remains mixed due to deteriorating operational metrics. While the balance sheet is technically sound with a fortress-like current ratio, the company is grappling with double-digit declines in both revenue and earnings growth. The market has rightly punished these fundamentals, pushing the valuation into discount territory with a forward P/E of roughly 14x. This creates a tension: the business is shrinking, yet the price has found a bottom. The dividend yield of nearly 1% provides a modest cushion but is insufficient to drive a major rally on its own. Investors should view this as a recovery play based on mean reversion and the lack of further bad news, rather than a turnaround story backed by accelerating growth.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_79 ✓0.037609
MSTL0.040673
AutoETS0.041063
AutoARIMA0.041064
AutoTheta0.046126
MSTL_79_1260.050036
MSTL_1260.055843

Forecast horizon: 60 days | Selected: MSTL_79

Forecast Reliability
Score 55%
H-stat 0.22
Ljung-Box p 0.000
Jarque-Bera p 0.292
Excess Kurtosis -0.96
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-05-31
Last Dividend Date 2026-05-31
Debt to Equity Ratio 213.545
Revenue per Share 45.42
Market Cap 4,738,979,328
Trailing P/E 11.47
Forward P/E 13.77
Beta 0.78
Profit Margins 25.34%
Website https://www.nelnet.com

As of July 11, 2026, 5:43 a.m. EDT: Options activity shows a distinct bullish bias with significant open interest and volume concentrated in call strikes above the current price (130 and 135), while put activity is minimal and confined to deep out-of-the-money strikes. Implied volatility is elevated for near-term calls relative to longer-dated expirations, suggesting speculators are pricing in a potential upward move or earnings-related volatility rather than a crash.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.26% 1.00% 1.06% 1.08%
Dividend History
Date Dividend Yield %
2026-06-01 0.33 0.255497
2026-02-27 0.33 0.254905
2025-12-01 0.33 0.253983
2025-09-02 0.30 0.235571
2025-06-02 0.28 0.240591
2025-02-28 0.28 0.228777
2024-12-02 0.28 0.254800
2024-08-30 0.28 0.242256
2024-05-31 0.28 0.270114
2024-02-29 0.28 0.326074
2023-11-30 0.28 0.333731
2023-08-31 0.26 0.283070
2023-05-31 0.26 0.281081
2023-02-28 0.26 0.276979
2022-11-30 0.26 0.263852
2022-08-31 0.24 0.284900
2022-05-31 0.24 0.283386
2022-02-28 0.24 0.297952
2021-11-30 0.24 0.278422
2021-08-31 0.22 0.272008
2021-05-27 0.22 0.294196
2021-02-26 0.22 0.303030
2020-11-30 0.22 0.324006
2020-08-31 0.20 0.305390
2020-05-29 0.20 0.405762
2020-02-27 0.20 0.364100
2019-11-27 0.20 0.321388
2019-08-29 0.18 0.268216
2019-05-30 0.18 0.303593
2019-02-28 0.18 0.328347
2018-11-29 0.18 0.328767
2018-08-30 0.16 0.277393
2018-05-31 0.16 0.260417
2018-02-28 0.16 0.289122
2017-11-30 0.16 0.298675
2017-08-30 0.14 0.298571
2017-05-30 0.14 0.354251
2017-02-27 0.14 0.274941
2016-11-29 0.14 0.275265
2016-08-30 0.12 0.338123
2016-05-27 0.12 0.333056
2016-02-26 0.12 0.326087
2015-11-27 0.12 0.364409
2015-08-28 0.10 0.268962
2015-05-28 0.10 0.239406
2015-02-25 0.10 0.213174
2014-11-26 0.10 0.217770
2014-08-27 0.10 0.224266
2014-05-28 0.10 0.242777
2014-02-26 0.10 0.278552
2013-11-27 0.10 0.222668
2013-08-28 0.10 0.265041
2013-05-29 0.10 0.255493
2013-02-27 0.10 0.303674
2012-11-15 1.10 4.291846
2012-08-29 0.10 0.419815
2012-05-30 0.10 0.433463
2012-02-28 0.10 0.391543
2011-11-29 0.10 0.465549
2011-08-30 0.10 0.526316
2011-05-27 0.10 0.469484
2011-02-25 0.07 0.314324
2010-11-29 0.49 2.251838
2010-08-30 0.07 0.318471
2010-05-27 0.07 0.353357
2010-02-25 0.07 0.431832
2009-11-27 0.07 0.414201
2008-02-27 0.07 0.618921
2007-11-28 0.07 0.538462
2007-08-29 0.07 0.391937
2007-05-30 0.07 0.275374
2007-02-27 0.07 0.272374
Additional Data
dividendRate 1.29
dividendYield 0.98
exDividendDate 2026-06-01
trailingAnnualDividendRate 1.24
trailingAnnualDividendYield 0.0092876945
lastDividendValue 0.33
lastDividendDate 2026-06-01
dividendDate 2026-06-15

Info Dump

Attribute Value
52 Week Change 0.09058976
Address1 121 South 13th Street
Address2 Suite 100
All Time High 144.38
All Time Low 4.06
Ask 205.79
Ask Size 200
Audit Risk 9
Average Analyst Rating 3.0 - Hold
Average Daily Volume10 Day 155,330
Average Daily Volume3 Month 140,027
Average Volume 140,027
Average Volume10Days 155,330
Beta 0.784
Bid 0.0
Bid Size 100
Board Risk 10
Book Value 103.787
City Lincoln
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 5
Country United States
Crypto Tradeable 0
Currency USD
Current Price 131.88
Current Ratio 4.891
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 135.145
Day Low 131.22
Debt To Equity 213.545
Display Name Nelnet
Dividend Date 1,781,481,600
Dividend Rate 1.29
Dividend Yield 0.98
Earnings Growth -0.129
Earnings Quarterly Growth -0.138
Earnings Timestamp 1,778,184,000
Earnings Timestamp End 1,785,960,000
Earnings Timestamp Start 1,785,960,000
Ebitda Margins 0.0
Enterprise To Revenue 7.334
Enterprise Value 12,072,904,704
Eps Current Year 8.18
Eps Forward 9.58
Eps Trailing Twelve Months 11.5
Esg Populated 0
Ex Dividend Date 1,780,272,000
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 131.2982
Fifty Day Average Change 0.58180237
Fifty Day Average Change Percent 0.0044311527
Fifty Two Week Change Percent 9.058976
Fifty Two Week High 144.38
Fifty Two Week High Change -12.5
Fifty Two Week High Change Percent -0.08657709
Fifty Two Week Low 116.62
Fifty Two Week Low Change 15.260002
Fifty Two Week Low Change Percent 0.13085236
Fifty Two Week Range 116.62 - 144.38
Financial Currency USD
First Trade Date Milliseconds 1,071,239,400,000
Five Year Avg Dividend Yield 1.05
Float Shares 16,258,349
Forward Eps 9.58
Forward P E 13.76618
Full Exchange Name NYSE
Full Time Employees 5,744
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.86586
Gross Profits 1,425,245,056
Has Pre Post Market Data 1
Held Percent Insiders 0.30702
Held Percent Institutions 0.47665
Implied Shares Outstanding 35,934,023
Industry Credit Services
Industry Disp Credit Services
Industry Key credit-services
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,780,272,000
Last Dividend Value 0.33
Last Fiscal Year End 1,767,139,200
Long Business Summary Nelnet, Inc. engages in loan servicing, education technology services, and payment businesses worldwide. The company operates through four segments: Loan Servicing and Systems, Education Technology Services and Payments, Asset Generation and Management, and Nelnet Bank. The Loan Servicing and Systems segment provides loan conversion, application processing, borrower updates, customer, payment processing, due diligence procedures, funds management reconciliation, and claim processing services. This segment also offers student loan servicing software; and business process outsourcing services primarily in contact center management, such as inbound calls, outreach campaigns and sales, and interacting with customers through multi-channels, and processing and administrative services. The Education Technology Services and Payments segment provides financial management services; school information system software; a donation platform; education technology solutions; and customized professional development and coaching, and advanced learning and educational instruction services. This segment 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; learning management system; an integrated commerce payment platform; and a school management platform that provides administrative, information and financial management, and communication functions for K-12 schools. The Asset Generation and Management segment invest, allocates an manages loan assts. The Nelnet Bank segment operates as an internet industrial bank. It also offers investment advisory, investment, and reinsurance services, as well as engages in the real estate investment; and solar engineering, procurement, and construction businesses. The company was founded in 1977 and is headquartered in Lincoln, Nebraska.
Long Name Nelnet, Inc.
Market us_market
Market Cap 4,738,979,328
Market State PRE
Max Age 86,400
Message Board Id finmb_4279195
Most Recent Quarter 1,774,915,200
Net Income To Common 417,040,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 4,797,551,410
Number Of Analyst Opinions 1
Open 134.44
Operating Cashflow 404,931,008
Operating Margins 0.2142
Overall Risk 9
Payout Ratio 0.1078
Peg Ratio 0.46
Phone 402 458 2370
Previous Close 133.51
Price Eps Current Year 16.12225
Price Hint 2
Price To Book 1.2706794
Price To Sales Trailing12 Months 2.8790026
Profit Margins 0.25336
Quick Ratio 4.635
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key hold
Recommendation Mean 3.0
Region US
Regular Market Change -1.62999
Regular Market Change Percent -1.22087
Regular Market Day High 135.145
Regular Market Day Low 131.22
Regular Market Day Range 131.22 - 135.145
Regular Market Open 134.44
Regular Market Previous Close 133.51
Regular Market Price 131.88
Regular Market Time 1,783,972,802
Regular Market Volume 100,105
Return On Assets 0.02628
Return On Equity 0.10699
Revenue Growth -0.071
Revenue Per Share 45.42
Sand P52 Week Change 0.20847368
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Share Holder Rights Risk 10
Shares Outstanding 25,317,348
Shares Percent Shares Out 0.0145000005
Shares Short 522,025
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 429,919
Short Name Nelnet, Inc.
Short Percent Of Float 0.0381
Short Ratio 3.27
Source Interval 15
State NE
Symbol NNI
Target High Price 135.0
Target Low Price 135.0
Target Mean Price 135.0
Target Median Price 135.0
Total Cash 241,246,000
Total Cash Per Share 6.714
Total Debt 7,700,450,816
Total Revenue 1,646,049,024
Tradeable 0
Trailing Annual Dividend Rate 1.24
Trailing Annual Dividend Yield 0.0092876945
Trailing Eps 11.5
Trailing P E 11.467827
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 131.4647
Two Hundred Day Average Change 0.41529846
Two Hundred Day Average Change Percent 0.003159011
Type Disp Equity
Volume 100,105
Website https://www.nelnet.com
Zip 68,508