Stock NNI NELNET, INC.
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Company Nelnet, Inc.

Equities

NNI

US64031N1081

Consumer Lending

Market Closed - Nyse
Other stock markets
 04:00:02 2024-04-24 pm EDT 		5-day change 1st Jan Change
94.94 USD +0.06% Intraday chart for Nelnet, Inc. +1.00% +7.62%
Apr. 12 Nelnet Renewable Energy to Discontinue Residential Solar Operations MT
Mar. 14 Global markets live: Robinhood, Dollar General, KKR, Boeing, Oracle... Our Logo

Business Summary

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.

Number of employees: 7,550

Sales per Business

USD in Million2022Weight2023Weight Delta
Asset Generation and Management
49.0 %
965 48.5 % 1,012 49.0 % +4.89%
Loan Servicing and Systems
26.8 %
568 28.6 % 554 26.8 % -2.53%
Education Technology, Services, and Payment Processing
23.5 %
416 20.9 % 486 23.5 % +16.95%
Nelnet Financial Services Other
4.9 %
- - 102 4.9 % -
Corporate and Other Activities
-3.6 %
59 3.0 % -74 -3.6 % -225.87%
Eliminations
-3.5 %
-48 -2.4 % -73 -3.5 % +53.59%
Nelnet Bank
2.8 %
28 1.4 % 58 2.8 % +104.04%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
1,989 100.0 % 2,065 100.0 % +3.83%

Managers

Managers TitleAgeSince
Jeffrey Noordhoek CEO
 Chief Executive Officer 58 95-12-31
Michael Dunlap FOU
 Founder 60 -
Jim Kruger Kruger DFI
 Director of Finance/CFO 61 97-12-31
Timothy Tewes PSD
 President 65 05-05-31
Terry Heimes COO
 Chief Operating Officer 59 98-09-30
Matthew Dunlap BRD
 Director/Board Member 34 22-03-16
Phil Morgan IRC
 Investor Relations Contact - -
William Munn LAW
 General Counsel 56 98-09-30

Members of the board

Members of the board TitleAgeSince
Tom Henning BRD
 Director/Board Member 71 03-07-31
Timothy Tewes PSD
 President 65 05-05-31
Michael Dunlap FOU
 Founder 60 -
David Graff BRD
 Director/Board Member 41 14-05-21
Kathleen A. Farrell BRD
 Director/Board Member 60 07-10-30
Preeta Bansal BRD
 Director/Board Member 58 18-11-07
Jim Kruger Kruger DFI
 Director of Finance/CFO 61 97-12-31
Adam Peterson BRD
 Director/Board Member 42 22-03-16
Jona M. van Deun BRD
 Director/Board Member 54 22-03-16
Matthew Dunlap BRD
 Director/Board Member 34 22-03-16

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 10 10,663,088 0 0 44.41 %
Stock B 1 26,176,208 16,361,925 ( 62.51 %) 0

Shareholders

NameEquities%Valuation
Angela Muhleisen
18.83 %
4,967,999 18.83 % 470 M $
Dimensional Fund Advisors LP
7.872 %
2,076,549 7.872 % 197 M $
The Magnolia Group LLC
7.203 %
1,900,000 7.203 % 180 M $
Deborah Bartels
7.067 %
1,864,177 7.067 % 176 M $
Michael Dunlap
5.537 %
1,460,476 5.537 % 138 M $
Vanguard Fiduciary Trust Co.
4.967 %
1,310,085 4.967 % 124 M $
Farmers & Merchants Investment, Inc. (Lincoln, Nebraska)
4.574 %
1,206,546 4.574 % 114 M $
BlackRock Advisors LLC
4.079 %
1,076,106 4.079 % 102 M $
Union Bank & Trust Co. (Investment Management)
3.536 %
932,710 3.536 % 88 M $
Jeffrey Noordhoek
2.095 %
552,679 2.095 % 52 M $
NameEquities%Valuation
Michael Dunlap
65.62 %
7,542,713 65.62 % 714 M $
Farmers & Merchants Investment, Inc. (Lincoln, Nebraska)
19.58 %
2,250,882 19.58 % 213 M $
Shelby Butterfield
11.06 %
1,270,956 11.06 % 120 M $
Stephen Butterfield
0.1337 %
15,370 0.1337 % 1 M $
Matthew Dunlap
0.000870 %
100 0.000870 % 9 465 $

Company contact information

Nelnet, Inc.

121 South 13th Street Suite 100

68508, Lincoln

+402 458 2370

http://www.nelnet.com
address Nelnet, Inc.(NNI)

Group companies

NameCategory and Sector
Nelnet Bank, Inc.
Logo Nelnet Bank, Inc.

Nelnet Bank, Inc.

Finance/Rental/LeasingFinance

Part of Nelnet, Inc., Nelnet Bank, Inc. is a bank that rewards success along your financial journey with support from real people. The private company is based in Draper, UT. Your next adventure awaits. The CEO of the company is Andrea Moss.

Finance/Rental/Leasing

Sector

Financials
Banking & Investment Services
Banking Services
Consumer Lending
Other Consumer Lending

Sales per Business

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
94.94 USD
Average target price
90 USD
Spread / Average Target
-5.20%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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