(NNI) Nelnet - Overview
Sector: Financial ServicesIndustry: Credit Services | Exchange NYSE (USA) | Currency USD | Market Cap: 4.619m | Total Return 15.6% in 12m
Stock: Loan Servicing, Education Tech, Payments, Banking
Total Rating 47
Risk 34
Buy Signal 0.07
| Risk 5d forecast | |
|---|---|
| Volatility | 22.5% |
| Relative Tail Risk | -8.70% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.56 |
| Alpha | 6.01 |
| Character TTM | |
|---|---|
| Beta | 0.630 |
| Beta Downside | 0.751 |
| Drawdowns 3y | |
|---|---|
| Max DD | 18.52% |
| CAGR/Max DD | 0.74 |
EPS (Earnings per Share)
Revenue
Description: NNI Nelnet March 04, 2026
Nelnet, Inc. (NNI) operates across four segments: Loan Servicing and Systems, Education Technology Services and Payments, Asset Generation and Management, and Nelnet Bank.
The Loan Servicing and Systems segment focuses on student loan management, including application processing and customer support. This sector is characterized by high regulatory oversight.
The Education Technology Services and Payments segment offers financial management, school information systems, and payment processing for educational institutions. The education technology market is experiencing growth due to increasing digitalization of learning and administrative functions.
Asset Generation and Management involves acquiring and managing loan portfolios. Nelnet Bank operates as an internet industrial bank, a type of financial institution that primarily conducts business online.
The company also engages in investment advisory, reinsurance, real estate, and solar energy activities. To explore NNIs financial performance in more detail, consider reviewing its comprehensive data on ValueRay.
Headlines to watch out for
- Student loan servicing volume impacts Loan Servicing and Systems revenue
- Education technology adoption drives growth in school payment solutions
- Interest rate changes influence Nelnet Banks profitability
- Government policy shifts affect student loan program revenue
- Asset management performance dictates investment segment returns
Piotroski VR‑10 (Strict, 0-10) 2.5
| Net Income: 428.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -1.84 > 1.0 |
| NWC/Revenue: 87.04% < 20% (prev -42.37%; Δ 129.4% < -1%) |
| CFO/TA 0.03 > 3% & CFO 423.0m > Net Income 428.5m |
| Net Debt (6.82b) to EBITDA (722.2m): 9.44 < 3 |
| Current Ratio: 382.2 > 1.5 & < 3 |
| Outstanding Shares: last quarter (36.3m) vs 12m ago -0.33% < -2% |
| Gross Margin: 76.89% > 18% (prev 0.60%; Δ 7.63k% > 0.5%) |
| Asset Turnover: 14.92% > 50% (prev 13.36%; Δ 1.56% > 0%) |
| Interest Coverage Ratio: 1.30 > 6 (EBITDA TTM 722.2m / Interest Expense TTM 496.9m) |
Altman Z'' 2.38
| A: 0.13 (Total Current Assets 1.81b - Total Current Liabilities 4.74m) / Total Assets 14.06b |
| B: 0.26 (Retained Earnings 3.68b / Total Assets 14.06b) |
| C: 0.05 (EBIT TTM 644.6m / Avg Total Assets 13.92b) |
| D: 0.35 (Book Value of Equity 3.68b / Total Liabilities 10.49b) |
| Altman-Z'' Score: 2.38 = BBB |
Beneish M -0.79
| DSRI: 3.87 (Receivables 839.4m/192.2m, Revenue 2.08b/1.84b) |
| GMI: 0.78 (GM 76.89% / 60.06%) |
| AQI: 0.97 (AQ_t 0.87 / AQ_t-1 0.89) |
| SGI: 1.13 (Revenue 2.08b / 1.84b) |
| TATA: 0.00 (NI 428.5m - CFO 423.0m) / TA 14.06b) |
| Beneish M-Score: -0.79 (Cap -4..+1) = D |
What is the price of NNI shares?
As of March 27, 2026, the stock is trading at USD 128.60 with a total of 151,844 shares traded.
Over the past week, the price has changed by +0.71%, over one month by -1.82%, over three months by -5.01% and over the past year by +15.63%.
Over the past week, the price has changed by +0.71%, over one month by -1.82%, over three months by -5.01% and over the past year by +15.63%.
Is NNI a buy, sell or hold?
Nelnet has received a consensus analysts rating of 3.00.
Therefor, it is recommend to hold NNI.
- StrongBuy: 0
- Buy: 0
- Hold: 1
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the NNI price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 140 | 8.9% |
| Analysts Target Price | 140 | 8.9% |
NNI Fundamental Data Overview March 25, 2026
P/E Trailing = 10.9211
P/E Forward = 16.2866
P/S = 2.7613
P/B = 1.233
P/EG = 0.4642
Revenue TTM = 2.08b USD
EBIT TTM = 644.6m USD
EBITDA TTM = 722.2m USD
Long Term Debt = 6.80b USD (from longTermDebt, last quarter)
Short Term Debt = 4.74m USD (from shortTermDebt, last quarter)
Debt = 7.79b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 6.82b USD (from netDebt column, last quarter)
Enterprise Value = 11.44b USD (4.62b + Debt 7.79b - CCE 973.5m)
Interest Coverage Ratio = 1.30 (Ebit TTM 644.6m / Interest Expense TTM 496.9m)
EV/FCF = 28.83x (Enterprise Value 11.44b / FCF TTM 396.7m)
FCF Yield = 3.47% (FCF TTM 396.7m / Enterprise Value 11.44b)
FCF Margin = 19.10% (FCF TTM 396.7m / Revenue TTM 2.08b)
Net Margin = 20.63% (Net Income TTM 428.5m / Revenue TTM 2.08b)
Gross Margin = 76.89% ((Revenue TTM 2.08b - Cost of Revenue TTM 480.1m) / Revenue TTM)
Gross Margin QoQ = 85.76% (prev 76.32%)
Tobins Q-Ratio = 0.81 (Enterprise Value 11.44b / Total Assets 14.06b)
Interest Expense / Debt = 1.52% (Interest Expense 118.3m / Debt 7.79b)
Taxrate = 16.59% (7.69m / 46.4m)
NOPAT = 537.7m (EBIT 644.6m * (1 - 16.59%))
Current Ratio = 382.2 (out of range, set to none) (Total Current Assets 1.81b / Total Current Liabilities 4.74m)
Debt / Equity = 2.11 (Debt 7.79b / totalStockholderEquity, last quarter 3.69b)
Debt / EBITDA = 9.44 (Net Debt 6.82b / EBITDA 722.2m)
Debt / FCF = 17.19 (Net Debt 6.82b / FCF TTM 396.7m)
Total Stockholder Equity = 3.58b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.08% (Net Income 428.5m / Total Assets 14.06b)
RoE = 11.96% (Net Income TTM 428.5m / Total Stockholder Equity 3.58b)
RoCE = 6.21% (EBIT 644.6m / Capital Employed (Equity 3.58b + L.T.Debt 6.80b))
RoIC = 4.63% (NOPAT 537.7m / Invested Capital 11.62b)
WACC = 3.85% (E(4.62b)/V(12.41b) * Re(8.20%) + D(7.79b)/V(12.41b) * Rd(1.52%) * (1-Tc(0.17)))
Discount Rate = 8.20% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.36%
[DCF] Terminal Value 85.92% ; FCFF base≈494.7m ; Y1≈475.0m ; Y5≈464.6m
[DCF] Fair Price = 279.2 (EV 13.87b - Net Debt 6.82b = Equity 7.05b / Shares 25.3m; r=6.0% [WACC]; 5y FCF grow -5.32% → 3.0% )
EPS Correlation: 2.30 | EPS CAGR: -26.34% | SUE: -0.05 | # QB: 0
Revenue Correlation: 36.35 | Revenue CAGR: 0.53% | SUE: 3.05 | # QB: 1
EPS next Quarter (2026-06-30): EPS=2.31 | Chg7d=+0.160 | Chg30d=+0.160 | Revisions Net=+1 | Analysts=1
EPS current Year (2026-12-31): EPS=9.20 | Chg7d=+0.390 | Chg30d=+0.390 | Revisions Net=+1 | Growth EPS=-23.2% | Growth Revenue=-3.7%
EPS next Year (2027-12-31): EPS=10.00 | Chg7d=+0.600 | Chg30d=+0.600 | Revisions Net=+1 | Growth EPS=+8.7% | Growth Revenue=+5.4%
P/E Forward = 16.2866
P/S = 2.7613
P/B = 1.233
P/EG = 0.4642
Revenue TTM = 2.08b USD
EBIT TTM = 644.6m USD
EBITDA TTM = 722.2m USD
Long Term Debt = 6.80b USD (from longTermDebt, last quarter)
Short Term Debt = 4.74m USD (from shortTermDebt, last quarter)
Debt = 7.79b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 6.82b USD (from netDebt column, last quarter)
Enterprise Value = 11.44b USD (4.62b + Debt 7.79b - CCE 973.5m)
Interest Coverage Ratio = 1.30 (Ebit TTM 644.6m / Interest Expense TTM 496.9m)
EV/FCF = 28.83x (Enterprise Value 11.44b / FCF TTM 396.7m)
FCF Yield = 3.47% (FCF TTM 396.7m / Enterprise Value 11.44b)
FCF Margin = 19.10% (FCF TTM 396.7m / Revenue TTM 2.08b)
Net Margin = 20.63% (Net Income TTM 428.5m / Revenue TTM 2.08b)
Gross Margin = 76.89% ((Revenue TTM 2.08b - Cost of Revenue TTM 480.1m) / Revenue TTM)
Gross Margin QoQ = 85.76% (prev 76.32%)
Tobins Q-Ratio = 0.81 (Enterprise Value 11.44b / Total Assets 14.06b)
Interest Expense / Debt = 1.52% (Interest Expense 118.3m / Debt 7.79b)
Taxrate = 16.59% (7.69m / 46.4m)
NOPAT = 537.7m (EBIT 644.6m * (1 - 16.59%))
Current Ratio = 382.2 (out of range, set to none) (Total Current Assets 1.81b / Total Current Liabilities 4.74m)
Debt / Equity = 2.11 (Debt 7.79b / totalStockholderEquity, last quarter 3.69b)
Debt / EBITDA = 9.44 (Net Debt 6.82b / EBITDA 722.2m)
Debt / FCF = 17.19 (Net Debt 6.82b / FCF TTM 396.7m)
Total Stockholder Equity = 3.58b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.08% (Net Income 428.5m / Total Assets 14.06b)
RoE = 11.96% (Net Income TTM 428.5m / Total Stockholder Equity 3.58b)
RoCE = 6.21% (EBIT 644.6m / Capital Employed (Equity 3.58b + L.T.Debt 6.80b))
RoIC = 4.63% (NOPAT 537.7m / Invested Capital 11.62b)
WACC = 3.85% (E(4.62b)/V(12.41b) * Re(8.20%) + D(7.79b)/V(12.41b) * Rd(1.52%) * (1-Tc(0.17)))
Discount Rate = 8.20% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.36%
[DCF] Terminal Value 85.92% ; FCFF base≈494.7m ; Y1≈475.0m ; Y5≈464.6m
[DCF] Fair Price = 279.2 (EV 13.87b - Net Debt 6.82b = Equity 7.05b / Shares 25.3m; r=6.0% [WACC]; 5y FCF grow -5.32% → 3.0% )
EPS Correlation: 2.30 | EPS CAGR: -26.34% | SUE: -0.05 | # QB: 0
Revenue Correlation: 36.35 | Revenue CAGR: 0.53% | SUE: 3.05 | # QB: 1
EPS next Quarter (2026-06-30): EPS=2.31 | Chg7d=+0.160 | Chg30d=+0.160 | Revisions Net=+1 | Analysts=1
EPS current Year (2026-12-31): EPS=9.20 | Chg7d=+0.390 | Chg30d=+0.390 | Revisions Net=+1 | Growth EPS=-23.2% | Growth Revenue=-3.7%
EPS next Year (2027-12-31): EPS=10.00 | Chg7d=+0.600 | Chg30d=+0.600 | Revisions Net=+1 | Growth EPS=+8.7% | Growth Revenue=+5.4%