NNI · Nelnet Inc
$124.52
+0.20 (+0.16%)
At close · Oct 7
Return incl. dividend (before tax)
Market Cap
$4.46B
Shares
35.78M
Volume · Oct 7
132.35K
Avg daily vol (3M)
131.75K
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$124.52
Open$123.60
Day$123.01–125.04
52W close$122.20–144.23
Avg vol 30d143K
Short int602K · 1.7% float · 3.9d
Short vol72%
Last earningsFeb 28, 2023
DataJan 2020–Oct 2026
Filing10-Q · Aug 6
Up next
filed Aug 6, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
$1.41B
Trailing 12 months
Net income (TTM)
$302.24M
Trailing 12 months
Revenue growth YoY
-31.1%
Year over year
Operating margin
—
Trailing 12 months
P / E (TTM)
14.8
Trailing earnings · reciprocal yield 6.7%
FCF yield
8.2%
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
−$6.87B
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
-1.2%
Year over year · fewer shares
Price change (1Y)
-4.3%
Trailing year
Short interest
1.7%
Latest settlement · 3.9 days to cover
Equibles Rating
blended score · not investment adviceOverall
Neutral
SellHoldBuy
Technical
Sell
Momentum
Very Weak
Sentiment
Bullish
Fundamentals
Strong
Quant / Vol
Very Low
Market backdrop
VIX 15.1 · calm
Equity put/call 0.63
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−5%
below
Price vs 50-day avg
−2%
below
RSI (14)
43
neutral
MACD trend
Positive
52-week position
11%
near low
Momentum
relative strength
1-month return
−1%
trailing
6-month return
−9%
trailing
YTD return
−6%
this year
Relative strength
−20%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $128 › 200d $131 — 200d above 50d
Institutional flow
Accumulating
3 of 214 funds reported for Sep 30 · net +26 sh shares
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
1.68% of float · ▼ -0.9% MoM · 3.9 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
214 holders — near 3-yr high, broad support
Squeeze score
46
elevated · 0–100
Fundamentals
EPS growth
+135%
Y/Y
Free cash flow
$396.7M
Valuation
P/E 14.9
in line
Balance sheet
$19.2B
net debt
Quant / Vol
risk profile
Volatility
23%
annualized · 1-yr
Max drawdown
−15%
past year
ATR
1.8%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Technicals
trend & momentum for long-term holders Sell
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−5%
Bearish
Price vs 50-day avg
−2%
Neutral
RSI (14)
43
Neutral
MACD trend
Positive
Bullish
52-week position
11%
Bearish
Market signals — smart money & positioning
Bullish · 3 of 6
Trend (MA cross)
No cross
50d $128 › 200d $131 — 200d above 50d
Institutional flow
Accumulating
3 of 214 funds reported for Sep 30 · net +26 sh shares
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
1.68% of float · ▼ -0.9% MoM · 3.9 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
214 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $122
Now $125 · 11%
Range high $144
vs 200-day avg -5%
vs 50-day avg -2%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Average balance of FFELP loans outstanding | 6.7B | the three months ended June 30, 2026 | — |
| Class A common shares repurchased | 316,600 | the first six months of 2026 | — |
| consumer loan portfolio | 1.21B | As of June 30, 2026 | — |
| consumer loans acquired | 3.07B | the three months ended June 30, 2026 | — |
| Education Technology Services and Payments revenue | 118.9M | the second quarter of 2026 | — |
| Effective tax rate | 23.03% | the three months ended June 30, 2026 filing | — |
| FFEL Program loans contributed to Nelnet Bank | 716.3M | the first six months of 2026 | — |
| investment portfolio | 1.29B | As of June 30, 2026 | — |
| loan servicing and systems revenue | 132.2M | the second quarter of 2026 | — |
| Net income, excluding derivative market value adjustments non-GAAP | 63.9M | the second quarter of 2026 | — |
| Net income, excluding derivative market value adjustments, per share non-GAAP | $1.77 | the second quarter of 2026 | — |
| Net interest margin | 2.74% | Three months ended June 30, 2026 filing | — |
| Net premiums earned | $40.63M | Three months ended June 30, 2026 filing | — |
| Net premiums written | $41.97M | Three months ended June 30, 2026 filing | — |
| Non-GAAP net income attributable to Nelnet, Inc., excluding derivative market value adjustments non-GAAP | $63.86M | the three months ended June 30, 2026 filing | — |
GAAP → non-GAAP reconciliationGAAP GAAP net income attributable to Nelnet, Inc. $66.66M
-$3.69M Realized and unrealized derivative market value adjustments (a)
+$885K Tax effect (b)
= Non-GAAP net income attributable to Nelnet, Inc., excluding derivative market value adjustments $63.86M
|
|||
| Reinsurance losses and underwriting expenses | $32.81M | Three months ended June 30, 2026 filing | — |
| Revenue less direct costs to provide services | 79.7M | the second quarter of 2026 | — |
| total borrowers serviced | 15.2M | As of June 30, 2026 | — |
| total deposits, including intercompany deposits | 2.51B | As of June 30, 2026 | — |
| total loans serviced | 519.2B | As of June 30, 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Credit Services — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
NNI
this stock
Nelnet Inc
|
$4.46B | -6.3% | — | 14.9 | 1.7% |
|
V
Visa Inc.
|
$663.99B | +6.1% | -4.9% | — | 1.0% |
|
MA
Mastercard Inc
|
$499.38B | -0.1% | +16.4% | 31.4 | 0.8% |
|
AXP
American Express Co
|
$206.24B | -17.8% | +13.4% | 18.5 | 1.6% |
|
COF
Capital One Financial Corp
|
$119.78B | -19.2% | +36.6% | 11.7 | 1.6% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Financials
Filings
Earnings & Events
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| NNI | +1.2% | -0.7% | -8.8% | +1.2% | -6.4% |
| SPY | +1.9% | +1.9% | +10.8% | +1.9% | +14.0% |
| vs SPY | -0.7% | -2.6% | -19.6% | -0.7% | -20.3% |
Capital returns
Latest dividend
$0.33
/ share · ex Sep 1, 2026
Paid (TTM)
$1.32
/ share · 4 payouts
Dividend yield (TTM, derived)
1.06%
Buyback program
· as of Dec 31, 2025
Authorized
shares 5.00M
Spent (derived)
shares 500,000
Remaining
shares 4.50M
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.