Nelnet Inc
NNI113.270USD
+0.820+0.73%
Close 06/16, 16:00（ET）Quotes delayed by 15 min
4.12BMarket Cap
22.85P/E TTM
More Details of Nelnet Inc Company
Nelnet, Inc. operates businesses that are engaged in loan servicing and education technology services and payments. The Company's segments include Loan Servicing and Systems (LSS), Education Technology Services and Payments (ETSP), Asset Generation and Management (AGM), and Nelnet Bank. The LSS segment is focused on student and consumer loan servicing, loan servicing-related technology solutions and outsourcing business services. This segment includes the brands Nelnet Diversified Solutions, Nelnet Government Services and others. The ETSP segment provides education and payment technology and services for K-12 schools, higher education institutions, churches, and businesses in the United States and internationally. The AGM segment includes the acquisition and management of student and other loan assets, including investment interests therein. The Nelnet Bank includes an Internet Utah-chartered industrial bank focused on the private education and unsecured consumer loan markets.
Company Info
Ticker SymbolNNI
Company nameNelnet Inc
IPO dateDec 11, 2003
Founded at1977
CEOMr. Jeffrey R. (Jeff) Noordhoek
Number of employees6739
Security typeOrdinary Share
Fiscal year-endDec 11
Address121 South 13Th St
CityLINCOLN
Stock exchangeNYSE Consolidated
CountryUnited States of America
Postal code68508
Phone14024582370
Websitehttps://www.nelnet.com/
Ticker SymbolNNI
IPO dateDec 11, 2003
Founded at1977
Company Executives
Name
Name/Position
Position
Shareholding
Change
Mr. Michael S. (Mike) Dunlap
Mr. Michael S. (Mike) Dunlap
Executive Chairman of the Board
Executive Chairman of the Board
1.42M
-2.41%
Mr. Jeffrey R. (Jeff) Noordhoek
Mr. Jeffrey R. (Jeff) Noordhoek
Chief Executive Officer
Chief Executive Officer
415.48K
+0.13%
Mr. James D. (Jim) Kruger
Mr. James D. (Jim) Kruger
Chief Financial Officer
Chief Financial Officer
152.24K
+0.35%
Mr. Timothy A. (Tim) Tewes
Mr. Timothy A. (Tim) Tewes
President
President
83.07K
+0.64%
Mr. Deeann Wenger
Mr. Deeann Wenger
President of Nelnet Business Services
President of Nelnet Business Services
26.38K
+15.96%
Mr. Thomas Edward (Tom) Henning
Mr. Thomas Edward (Tom) Henning
Lead Independent Director
Lead Independent Director
19.25K
--
Dr. Kathleen Anne Farrell, Ph.D.
Dr. Kathleen Anne Farrell, Ph.D.
Independent Director
Independent Director
19.06K
--
Mr. Matthew W. Dunlap
Mr. Matthew W. Dunlap
Chief Business Development Officer, Director
Chief Business Development Officer, Director
13.29K
-0.11%
Mr. William J. Munn
Mr. William J. Munn
Corporate Secretary, Chief Governance Officer, General Counsel
Corporate Secretary, Chief Governance Officer, General Counsel
3.46K
-33.60%
Ms. Jona M. Van Deun
Ms. Jona M. Van Deun
Independent Director
Independent Director
633.00
--
View more
Name
Name/Position
Position
Shareholding
Change
Mr. Michael S. (Mike) Dunlap
Mr. Michael S. (Mike) Dunlap
Executive Chairman of the Board
Executive Chairman of the Board
1.42M
-2.41%
Mr. Jeffrey R. (Jeff) Noordhoek
Mr. Jeffrey R. (Jeff) Noordhoek
Chief Executive Officer
Chief Executive Officer
415.48K
+0.13%
Mr. James D. (Jim) Kruger
Mr. James D. (Jim) Kruger
Chief Financial Officer
Chief Financial Officer
152.24K
+0.35%
Mr. Timothy A. (Tim) Tewes
Mr. Timothy A. (Tim) Tewes
President
President
83.07K
+0.64%
Mr. Deeann Wenger
Mr. Deeann Wenger
President of Nelnet Business Services
President of Nelnet Business Services
26.38K
+15.96%
Mr. Thomas Edward (Tom) Henning
Mr. Thomas Edward (Tom) Henning
Lead Independent Director
Lead Independent Director
19.25K
--
Revenue Breakdown
Currency: USDUpdated: Sun, Apr 6
Currency: USDUpdated: Sun, Apr 6
FY2024
FY2024Q4
FY2024Q3
FY2024Q2
FY2024Q1
FY2023
FY2023Q4
FY2023Q3
FY2023Q2
FY2023Q1
FY2022
FY2022Q4
FY2022Q3
FY2022Q2
FY2021
FY2020
FY2019
By BusinessUSD
Name
Revenue
Proportion
Government loan servicing
380.92M
37.13%
Payment Processing
179.04M
17.45%
Education Technology And Services
169.06M
16.48%
Tuition Payment Plan Services
135.85M
13.24%
Private Education And Consumer Loan Servicing
63.45M
6.18%
Other
97.61M
9.51%
No Data
By Business
By Region
By BusinessUSD
Name
Revenue
Proportion
Government loan servicing
380.92M
37.13%
Payment Processing
179.04M
17.45%
Education Technology And Services
169.06M
16.48%
Tuition Payment Plan Services
135.85M
13.24%
Private Education And Consumer Loan Servicing
63.45M
6.18%
Other
97.61M
9.51%
Shareholding Stats
Updated: Fri, May 9
Updated: Fri, May 9
Shareholders
Shareholder Types
Shareholders
Shareholders
Proportion
Muhleisen (Angela L)
18.12%
Dimensional Fund Advisors, L.P.
7.74%
The Magnolia Group, LLC
7.39%
Bartels (Deborah)
6.98%
The Vanguard Group, Inc.
5.96%
Other
53.81%
Shareholders
Shareholders
Proportion
Muhleisen (Angela L)
18.12%
Dimensional Fund Advisors, L.P.
7.74%
The Magnolia Group, LLC
7.39%
Bartels (Deborah)
6.98%
The Vanguard Group, Inc.
5.96%
Other
53.81%
Shareholder Types
Shareholders
Proportion
Individual Investor
39.24%
Investment Advisor/Hedge Fund
19.75%
Investment Advisor
11.94%
Hedge Fund
11.11%
Bank and Trust
5.70%
Research Firm
0.68%
Pension Fund
0.22%
Insurance Company
0.02%
Venture Capital
0.01%
Other
11.33%
Institutional Shareholding
Updated: Tue, Mar 4
Updated: Tue, Mar 4
Reporting Period
No. of institutions
Shares Held
Proportion
Change
2025Q1
382
22.68M
88.23%
-2.88M
2024Q4
390
22.49M
87.73%
-3.15M
2024Q3
381
22.35M
87.28%
-1.27M
2024Q2
369
22.32M
86.78%
-1.41M
2024Q1
362
22.57M
86.89%
-3.21M
2023Q4
360
22.92M
87.17%
-777.42K
2023Q3
354
23.48M
88.34%
-606.28K
2023Q2
356
23.96M
90.28%
-935.66K
2023Q1
360
23.98M
90.34%
-1.01M
2022Q4
356
23.76M
89.78%
-1.42M
View more
Shareholder Activity
Name
Shares Held
Proportion
Change
Chg %
Date
Muhleisen (Angela L)
4.65M
18.11%
-40.24K
-0.86%
Feb 28, 2025
Dimensional Fund Advisors, L.P.
2.00M
7.77%
-35.23K
-1.73%
Dec 31, 2024
The Magnolia Group, LLC
1.90M
7.39%
--
--
Dec 31, 2024
Bartels (Deborah)
1.79M
6.98%
-70.12K
-3.76%
Feb 28, 2025
The Vanguard Group, Inc.
1.34M
5.22%
+99.89K
+8.05%
Dec 31, 2024
Dunlap (Michael S)
1.42M
5.52%
-35.00K
-2.41%
Feb 28, 2025
Union Bank & Trust Company (Nebraska)
3.24M
12.59%
+2.05M
+172.49%
Feb 28, 2025
BlackRock Institutional Trust Company, N.A.
1.04M
4.04%
-11.04K
-1.05%
Dec 31, 2024
Whitetail Rock Capital Management, LLC
450.61K
1.75%
-51.69K
-10.29%
Feb 28, 2025
View more
Related ETFs
Updated: Fri, Jun 6
Updated: Fri, Jun 6
Name
Proportion
WisdomTree US SmallCap Quality Dividend Growth
0.52%
SPDR SSGA US Small Cap Low Volatility Index ETF
0.46%
Global X Millennial Consumer ETF
0.3%
DFA Dimensional US Small Cap Value ETF
0.29%
Motley Fool Next Index ETF
0.23%
Inspire Small/Mid Cap ESG ETF
0.23%
WisdomTree US SmallCap Fund
0.18%
First Trust Small Cap Value AlphaDEX Fund
0.14%
First Trust Small Cap Core Alphadex Fund
0.13%
Fidelity Small-Mid Multifactor ETF
0.13%
View more
WisdomTree US SmallCap Quality Dividend Growth
Proportion0.52%
SPDR SSGA US Small Cap Low Volatility Index ETF
Proportion0.46%
Global X Millennial Consumer ETF
Proportion0.3%
DFA Dimensional US Small Cap Value ETF
Proportion0.29%
Motley Fool Next Index ETF
Proportion0.23%
Inspire Small/Mid Cap ESG ETF
Proportion0.23%
WisdomTree US SmallCap Fund
Proportion0.18%
First Trust Small Cap Value AlphaDEX Fund
Proportion0.14%
First Trust Small Cap Core Alphadex Fund
Proportion0.13%
Fidelity Small-Mid Multifactor ETF
Proportion0.13%
Dividend
A total of
183.10M
USD has been distributed in dividends over the past 5 years.
Date
Dividend
Record Date
Payment Date
Ex-dividend Date
Jan 30, 2025
NNI.NB Interim Cash Dividend of gross USD 0.28 paid on Mar 14, 2025 going ex on Feb 28, 2025
Feb 28, 2025
Mar 14, 2025
Feb 28, 2025
Nov 08, 2024
NNI.NB Final Cash Dividend of gross USD 0.28 paid on Dec 16, 2024 going ex on Dec 02, 2024
Dec 02, 2024
Dec 16, 2024
Dec 02, 2024
Aug 08, 2024
NNI.NB Interim Cash Dividend of gross USD 0.28 paid on Sep 13, 2024 going ex on Aug 30, 2024
Aug 30, 2024
Sep 13, 2024
Aug 30, 2024
May 09, 2024
NNI.NB Interim Cash Dividend of gross USD 0.28 paid on Jun 14, 2024 going ex on May 31, 2024
May 31, 2024
Jun 14, 2024
May 31, 2024
Feb 01, 2024
NNI.NB Interim Cash Dividend of gross USD 0.28 paid on Mar 15, 2024 going ex on Feb 29, 2024
Mar 01, 2024
Mar 15, 2024
Feb 29, 2024
Nov 08, 2023
NNI.NB Final Cash Dividend of gross USD 0.28 paid on Dec 15, 2023 going ex on Nov 30, 2023
Dec 01, 2023
Dec 15, 2023
Nov 30, 2023
Aug 08, 2023
NNI.NB Interim Cash Dividend of gross USD 0.26 paid on Sep 15, 2023 going ex on Aug 31, 2023
Sep 01, 2023
Sep 15, 2023
Aug 31, 2023
May 09, 2023
NNI.NB Interim Cash Dividend of gross USD 0.26 paid on Jun 15, 2023 going ex on May 31, 2023
Jun 01, 2023
Jun 15, 2023
May 31, 2023
Feb 02, 2023
NNI.NB Interim Cash Dividend of gross USD 0.26 paid on Mar 15, 2023 going ex on Feb 28, 2023
Mar 01, 2023
Mar 15, 2023
Feb 28, 2023
Nov 07, 2022
NNI.NB Final Cash Dividend of gross USD 0.26 paid on Dec 15, 2022 going ex on Nov 30, 2022
Dec 01, 2022
Dec 15, 2022
Nov 30, 2022
View more
Stock Split
Date
Type
Ratio
No Data
Date
Type
Ratio
No Data
