Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Nelnet (NNI) Stock Price
Media stories about Nelnet (NYSE:NNI) have trended somewhat positive recently, according to Accern. Accern rates the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Nelnet earned a media sentiment score of 0.05 on Accern’s scale. Accern also gave news coverage about the credit services provider an impact score of 45.0390503943008 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shares of NYSE:NNI opened at $61.22 on Monday. The firm has a market cap of $2.49 billion, a price-to-earnings ratio of 12.60 and a beta of 0.87. The company has a debt-to-equity ratio of 9.45, a quick ratio of 127.47 and a current ratio of 127.47. Nelnet has a one year low of $43.92 and a one year high of $64.00.
Nelnet (NYSE:NNI) last announced its earnings results on Tuesday, May 8th. The credit services provider reported $1.67 EPS for the quarter, beating analysts’ consensus estimates of $1.36 by $0.31. The firm had revenue of $322.21 million for the quarter. Nelnet had a return on equity of 9.28% and a net margin of 17.43%. During the same quarter last year, the company posted $1.23 EPS.
Nelnet, Inc provides education related products and services, and loan asset management services worldwide. The company's Loan Systems and Servicing segment is involved in loan servicing activities, such as loan conversion, application processing, borrower updates, customer service, payment processing, due diligence procedures, funds management reconciliation, and claim processing activities for student loan portfolio and third-party clients.
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