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Nelnet, Inc is currently in a long term uptrend where the price is trading 2.0% above its 200 day moving average.
From a valuation standpoint, the stock is 70.2% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 2.7.
Nelnet, Inc's total revenue sank by 13.2% to $237M since the same quarter in the previous year.
Its net income has increased by 454.5% to $235M since the same quarter in the previous year.
Finally, its free cash flow fell by 336.7% to $-310M since the same quarter in the previous year.
Based on the above factors, Nelnet, Inc gets an overall score of 3/5.
Sector | Financial Services |
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Industry | Credit Services |
Exchange | NYSE |
CurrencyCode | USD |
ISIN | US64031N1081 |
Market Cap | 4B |
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PE Ratio | 21.31 |
Target Price | 115 |
Dividend Yield | 1.0% |
Beta | 0.87 |
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.
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