News headlines about Nelnet (NYSE:NNI) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Nelnet earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave media stories about the credit services provider an impact score of 44.1160093743513 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

NNI has been the subject of a number of recent research reports. Credit Suisse Group boosted their target price on Nelnet from $50.00 to $55.00 and gave the stock a “neutral” rating in a research report on Friday, October 20th. Compass Point upgraded Nelnet from a “neutral” rating to a “buy” rating in a research report on Thursday, October 19th.

Shares of Nelnet (NNI) opened at $54.62 on Friday. The firm has a market capitalization of $2,213.85, a P/E ratio of 12.43 and a beta of 1.04. Nelnet has a 12-month low of $38.72 and a 12-month high of $59.68. The company has a debt-to-equity ratio of 10.44, a current ratio of 159.08 and a quick ratio of 159.08.

Nelnet (NYSE:NNI) last released its earnings results on Tuesday, November 7th. The credit services provider reported $1.00 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.10 by ($0.10). Nelnet had a return on equity of 8.70% and a net margin of 17.51%. The firm had revenue of $194.43 million during the quarter, compared to the consensus estimate of $191.00 million. During the same quarter in the previous year, the firm earned $1.36 EPS. The business’s quarterly revenue was down 18.6% compared to the same quarter last year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be given a $0.16 dividend. The ex-dividend date is Thursday, November 30th. This represents a $0.64 annualized dividend and a yield of 1.17%. This is an increase from Nelnet’s previous quarterly dividend of $0.14. Nelnet’s payout ratio is presently 12.10%.

In other Nelnet news, insider William J. Munn sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 26th. The stock was sold at an average price of $50.00, for a total value of $50,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael D. Reardon sold 5,748 shares of the business’s stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $50.84, for a total value of $292,228.32. The disclosure for this sale can be found here. Insiders sold 13,748 shares of company stock valued at $714,568 in the last quarter. Corporate insiders own 46.10% of the company’s stock.

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About Nelnet

Nelnet, Inc focuses on delivering education-related products and services and student loan asset management. The Company is engaged in student loan servicing, tuition payment processing and school information systems, and communications. The Company’s segments include Loan Systems and Servicing, Tuition Payment Processing and Campus Commerce, Communications, Asset Generation and Management, and Corporate and Other Activities.

Insider Buying and Selling by Quarter for Nelnet (NYSE:NNI)

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