Nelnet NNI
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Nelnet (NNI) Business Model and Operations Summary
Nelnet Inc is a United States based company engaged in these four reportable segments; Loan Servicing and Systems focuses on student and consumer loan origination services and servicing, loan origination and servicing-related technology solutions, and outsourcing business services; Education Technology Services and Payments segment provides education services, payment technology, and community management solutions for K-12 schools, institutions, churches, and businesses; Asset Generation and Management segment includes the acquisition and management of student and other loan assets; and Nelnet Bank focuses on the private education and unsecured consumer loan markets. Maximum revenue for the company is generated from its Education Technology Services and Payments segment.
Key Insights
Nelnet (NNI) Core Market Data and Business Metrics
Latest Closing Price
$110.93Market Cap
$4.03 BillionPrice-Earnings Ratio
35.67Total Outstanding Shares
25.63 Million SharesTotal Employees
6,739Dividend
$0.28 Per Share QuarterlyIPO Date
December 11, 2003SIC Description
Personal Credit InstitutionsPrimary Exchange
New York Stock ExchangeHeadquarters
121 South 13th St, Lincoln, NE, 68508
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Cash Flow Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Net Cash Flow, Continuing | $106.05 Million |
| Exchange Gains/Losses | $425,000 |
| Net Cash Flow From Financing Activities, Continuing | $-3.17 Billion |
| Net Cash Flow | $106.47 Million |
| Net Cash Flow From Investing Activities, Continuing | $2.71 Billion |
| Net Cash Flow From Financing Activities | $-3.17 Billion |
Income Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Diluted Earnings Per Share | $3.11 |
| Net Income/Loss Attributable To Parent | $114.68 Million |
| Income Tax Expense/Benefit | $28.62 Million |
| Costs And Expenses | $910.89 Million |
| Provision For Loan, Lease, And Other Losses | $92.78 Million |
| Participating Securities, Distributed And Undistributed Earnings/Loss, Basic | $0 |
Comprehensive Income
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Parent | $138.69 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $-26.79 Million |
| Other Comprehensive Income/Loss | $24.01 Million |
| Comprehensive Income/Loss | $111.90 Million |
Balance Sheet
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Liabilities And Equity | $14.08 Billion |
| Assets | $14.08 Billion |
| Noncurrent Liabilities | $0 |
| Liabilities | $10.87 Billion |
| Intangible Assets | $38.37 Million |
| Noncurrent Assets | $0 |
Historical Dividends
Current dividend: $0.28 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Jan 30, 2025 | Mar 14, 2025 | Feb 28, 2025 | $0.28 | Quarterly |
| Nov 7, 2024 | Dec 16, 2024 | Dec 2, 2024 | $0.28 | Quarterly |
| Aug 8, 2024 | Sep 13, 2024 | Aug 30, 2024 | $0.28 | Quarterly |
| May 9, 2024 | Jun 14, 2024 | May 31, 2024 | $0.28 | Quarterly |
| Feb 1, 2024 | Mar 15, 2024 | Mar 1, 2024 | $0.28 | Quarterly |
| Nov 7, 2023 | Dec 15, 2023 | Dec 1, 2023 | $0.28 | Quarterly |