(NNI) Nelnet - Overview
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US64031N1081
Stock:
Total Rating 41
Risk 75
Buy Signal -0.20
| Risk 5d forecast | |
|---|---|
| Volatility | 22.4% |
| Relative Tail Risk | -8.03% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.57 |
| Alpha | 3.11 |
| Character TTM | |
|---|---|
| Beta | 0.669 |
| Beta Downside | 0.823 |
| Drawdowns 3y | |
|---|---|
| Max DD | 18.52% |
| CAGR/Max DD | 0.67 |
EPS (Earnings per Share)
Revenue
Description: NNI Nelnet
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 acquires, manages, and owns loan assets. 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 incorporated in 1977 and is headquartered in Lincoln, Nebraska.
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income: 433.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -0.22 > 1.0 |
| NWC/Revenue: -54.94% < 20% (prev -46.66%; Δ -8.28% < -1%) |
| CFO/TA 0.03 > 3% & CFO 465.9m > Net Income 433.9m |
| Net Debt (7.61b) to EBITDA (653.2m): 11.65 < 3 |
| Current Ratio: 0.58 > 1.5 & < 3 |
| Outstanding Shares: last quarter (36.3m) vs 12m ago -0.31% < -2% |
| Gross Margin: 71.53% > 18% (prev 0.57%; Δ 7096 % > 0.5%) |
| Asset Turnover: 14.36% > 50% (prev 13.03%; Δ 1.33% > 0%) |
| Interest Coverage Ratio: 1.07 > 6 (EBITDA TTM 653.2m / Interest Expense TTM 519.8m) |
Altman Z'' 0.98
| A: -0.08 (Total Current Assets 1.55b - Total Current Liabilities 2.66b) / Total Assets 13.88b |
| B: 0.26 (Retained Earnings 3.65b / Total Assets 13.88b) |
| C: 0.04 (EBIT TTM 558.4m / Avg Total Assets 13.98b) |
| D: 0.35 (Book Value of Equity 3.65b / Total Liabilities 10.29b) |
| Altman-Z'' Score: 0.98 = BB |
Beneish M -3.23
| DSRI: 0.91 (Receivables 181.2m/181.4m, Revenue 2.01b/1.84b) |
| GMI: 0.80 (GM 71.53% / 57.07%) |
| AQI: 0.98 (AQ_t 0.88 / AQ_t-1 0.90) |
| SGI: 1.09 (Revenue 2.01b / 1.84b) |
| TATA: -0.00 (NI 433.9m - CFO 465.9m) / TA 13.88b) |
| Beneish M-Score: -3.23 (Cap -4..+1) = AA |
What is the price of NNI shares?
As of February 25, 2026, the stock is trading at USD 128.68 with a total of 124,835 shares traded.
Over the past week, the price has changed by -1.67%, over one month by -2.85%, over three months by +2.06% and over the past year by +16.30%.
Over the past week, the price has changed by -1.67%, over one month by -2.85%, over three months by +2.06% and over the past year by +16.30%.
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 | 8.8% |
| Analysts Target Price | 140 | 8.8% |
NNI Fundamental Data Overview February 24, 2026
P/E Trailing = 10.9505
P/E Forward = 15.748
P/S = 2.7673
P/B = 1.3296
P/EG = -1.93
Revenue TTM = 2.01b USD
EBIT TTM = 558.4m USD
EBITDA TTM = 653.2m USD
Long Term Debt = 6.66b USD (from longTermDebt, last quarter)
Short Term Debt = 1.16b USD (from shortTermDebt, last quarter)
Debt = 7.82b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 7.61b USD (from netDebt column, last quarter)
Enterprise Value = 12.32b USD (4.72b + Debt 7.82b - CCE 216.4m)
Interest Coverage Ratio = 1.07 (Ebit TTM 558.4m / Interest Expense TTM 519.8m)
EV/FCF = 26.53x (Enterprise Value 12.32b / FCF TTM 464.5m)
FCF Yield = 3.77% (FCF TTM 464.5m / Enterprise Value 12.32b)
FCF Margin = 23.14% (FCF TTM 464.5m / Revenue TTM 2.01b)
Net Margin = 21.61% (Net Income TTM 433.9m / Revenue TTM 2.01b)
Gross Margin = 71.53% ((Revenue TTM 2.01b - Cost of Revenue TTM 571.6m) / Revenue TTM)
Gross Margin QoQ = 76.32% (prev 75.39%)
Tobins Q-Ratio = 0.89 (Enterprise Value 12.32b / Total Assets 13.88b)
Interest Expense / Debt = 1.54% (Interest Expense 120.7m / Debt 7.82b)
Taxrate = 26.22% (35.8m / 136.4m)
NOPAT = 412.0m (EBIT 558.4m * (1 - 26.22%))
Current Ratio = 0.58 (Total Current Assets 1.55b / Total Current Liabilities 2.66b)
Debt / Equity = 2.14 (Debt 7.82b / totalStockholderEquity, last quarter 3.65b)
Debt / EBITDA = 11.65 (Net Debt 7.61b / EBITDA 653.2m)
Debt / FCF = 16.37 (Net Debt 7.61b / FCF TTM 464.5m)
Total Stockholder Equity = 3.50b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.10% (Net Income 433.9m / Total Assets 13.88b)
RoE = 12.40% (Net Income TTM 433.9m / Total Stockholder Equity 3.50b)
RoCE = 5.50% (EBIT 558.4m / Capital Employed (Equity 3.50b + L.T.Debt 6.66b))
RoIC = 3.53% (NOPAT 412.0m / Invested Capital 11.67b)
WACC = 3.86% (E(4.72b)/V(12.54b) * Re(8.38%) + D(7.82b)/V(12.54b) * Rd(1.54%) * (1-Tc(0.26)))
Discount Rate = 8.38% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.40%
[DCF Debug] Terminal Value 86.15% ; FCFF base≈479.5m ; Y1≈470.7m ; Y5≈480.3m
Fair Price DCF = 266.6 (EV 14.36b - Net Debt 7.61b = Equity 6.75b / Shares 25.3m; r=5.90% [WACC]; 5y FCF grow -2.76% → 2.90% )
EPS Correlation: -15.87 | EPS CAGR: -59.37% | SUE: -0.90 | # QB: 0
Revenue Correlation: 39.96 | Revenue CAGR: 4.38% | SUE: 0.49 | # QB: 0
EPS next Quarter (2026-03-31): EPS=2.57 | Chg30d=N/A | Revisions Net=+1 | Analysts=1
EPS next Year (2026-12-31): EPS=8.81 | Chg30d=N/A | Revisions Net=+1 | Growth EPS=+27.0% | Growth Revenue=+6.3%
P/E Forward = 15.748
P/S = 2.7673
P/B = 1.3296
P/EG = -1.93
Revenue TTM = 2.01b USD
EBIT TTM = 558.4m USD
EBITDA TTM = 653.2m USD
Long Term Debt = 6.66b USD (from longTermDebt, last quarter)
Short Term Debt = 1.16b USD (from shortTermDebt, last quarter)
Debt = 7.82b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 7.61b USD (from netDebt column, last quarter)
Enterprise Value = 12.32b USD (4.72b + Debt 7.82b - CCE 216.4m)
Interest Coverage Ratio = 1.07 (Ebit TTM 558.4m / Interest Expense TTM 519.8m)
EV/FCF = 26.53x (Enterprise Value 12.32b / FCF TTM 464.5m)
FCF Yield = 3.77% (FCF TTM 464.5m / Enterprise Value 12.32b)
FCF Margin = 23.14% (FCF TTM 464.5m / Revenue TTM 2.01b)
Net Margin = 21.61% (Net Income TTM 433.9m / Revenue TTM 2.01b)
Gross Margin = 71.53% ((Revenue TTM 2.01b - Cost of Revenue TTM 571.6m) / Revenue TTM)
Gross Margin QoQ = 76.32% (prev 75.39%)
Tobins Q-Ratio = 0.89 (Enterprise Value 12.32b / Total Assets 13.88b)
Interest Expense / Debt = 1.54% (Interest Expense 120.7m / Debt 7.82b)
Taxrate = 26.22% (35.8m / 136.4m)
NOPAT = 412.0m (EBIT 558.4m * (1 - 26.22%))
Current Ratio = 0.58 (Total Current Assets 1.55b / Total Current Liabilities 2.66b)
Debt / Equity = 2.14 (Debt 7.82b / totalStockholderEquity, last quarter 3.65b)
Debt / EBITDA = 11.65 (Net Debt 7.61b / EBITDA 653.2m)
Debt / FCF = 16.37 (Net Debt 7.61b / FCF TTM 464.5m)
Total Stockholder Equity = 3.50b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.10% (Net Income 433.9m / Total Assets 13.88b)
RoE = 12.40% (Net Income TTM 433.9m / Total Stockholder Equity 3.50b)
RoCE = 5.50% (EBIT 558.4m / Capital Employed (Equity 3.50b + L.T.Debt 6.66b))
RoIC = 3.53% (NOPAT 412.0m / Invested Capital 11.67b)
WACC = 3.86% (E(4.72b)/V(12.54b) * Re(8.38%) + D(7.82b)/V(12.54b) * Rd(1.54%) * (1-Tc(0.26)))
Discount Rate = 8.38% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.40%
[DCF Debug] Terminal Value 86.15% ; FCFF base≈479.5m ; Y1≈470.7m ; Y5≈480.3m
Fair Price DCF = 266.6 (EV 14.36b - Net Debt 7.61b = Equity 6.75b / Shares 25.3m; r=5.90% [WACC]; 5y FCF grow -2.76% → 2.90% )
EPS Correlation: -15.87 | EPS CAGR: -59.37% | SUE: -0.90 | # QB: 0
Revenue Correlation: 39.96 | Revenue CAGR: 4.38% | SUE: 0.49 | # QB: 0
EPS next Quarter (2026-03-31): EPS=2.57 | Chg30d=N/A | Revisions Net=+1 | Analysts=1
EPS next Year (2026-12-31): EPS=8.81 | Chg30d=N/A | Revisions Net=+1 | Growth EPS=+27.0% | Growth Revenue=+6.3%