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Nelnet (NNI)

(Delayed Data from NYSE)

$95.32 USD

95.32
91,411

+0.91 (0.96%)

Updated Apr 19, 2024 04:00 PM ET

After-Market: $95.31 -0.01 (-0.01%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy18.00%
3Hold9.44%
4Sell5.10%
5Strong Sell2.53%
S&P50011.08%

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5-Strong Sell of 5         5

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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D Value F Growth F Momentum F VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 7% (232 out of 250)

Industry: Financial - Consumer Loans

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Better trading starts here.

Balance Sheet

Research for NNI

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Nelnet, Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 2,896 3,470 2,783 1,951 1,470
Receivables 13,304 15,439 18,499 20,262 21,518
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 0 0 0 0 0
Total Current Assets 16,201 18,908 21,282 22,213 22,988
Net Property & Equipment 127 123 119 124 348
Investments & Advances 18 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 203 240 194 217 238
Deposits & Other Assets 188 103 83 92 134
Total Assets 16,737 19,374 21,678 22,646 23,709
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 426 348 366 301 438
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 35 36 5 29 47
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 461 384 371 330 485
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 11,828 14,637 17,631 19,321 20,529
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 1,225 1,153 724 367 304
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 13,515 16,174 18,725 20,018 21,318
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 3 1 1 4 6
Retained Earnings 3,279 3,235 2,941 2,622 2,378
Other Equity -61 -36 11 2 7
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 3,222 3,200 2,953 2,628 2,391
Total Liabilities & Shareholder's Equity 16,737 19,374 21,678 22,646 23,709
Total Common Equity 3,222 3,200 2,953 2,628 2,391
Shares Outstanding 37.00 37.10 37.90 38.30 39.70
Book Value Per Share 87.08 86.25 77.91 68.63 60.23

Fiscal Year End for Nelnet, Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 2,896 2,738 2,820 2,886
Receivables NA 13,304 13,998 14,496 14,712
Notes Receivable NA 0 0 0 0
Inventories NA 0 0 0 0
Other Current Assets NA 0 0 0 0
Total Current Assets NA 16,201 16,736 17,317 17,598
Net Property & Equipment NA 127 127 130 133
Investments & Advances NA 18 0 0 0
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 203 229 234 238
Deposits & Other Assets NA 188 131 126 114
Total Assets NA 16,737 17,223 17,808 18,083
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 426 342 300 281
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 35 36 36 34
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 0 0 0 0
Total Current Liabilities NA 461 378 335 315
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 0 0
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 11,828 12,448 13,070 13,438
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 1,137 1,155 1,106
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 13,515 13,964 14,560 14,859
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 3 14 10 5
Retained Earnings NA 3,279 3,306 3,270 3,252
Other Equity NA -61 -61 -33 -33
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 3,222 3,259 3,248 3,223
Total Liabilities & Shareholder's Equity NA 16,737 17,223 17,808 18,083
Total Common Equity 0 3,222 3,259 3,248 3,223
Shares Outstanding 37.00 37.00 37.30 37.30 37.20
Book Value Per Share 0.00 87.08 87.38 87.06 86.65