NNI Stock Summary and Trading Ideas (Nelnet | NYSE:NNI)

Nelnet Inc is a United States based company engaged in these four segments; Loan Servicing and Systems focuses on student and consumer loan origination services and servicing, loan origination and servicing-related technology solutions, and outsourcing business services; Education Technology, Services, and Payment Processing provides education services, payment technology, and community management solutions for K-12 schools, institutions, churches, and businesses; Asset Generation and Management Includes the acquisition and management of student and other loan assets; and Nelnet Bank focuses on the private education and unsecured consumer loan markets. Loan Servicing and Systems Segment derives majority of the company's revenue.

Nelnet trades on the NYSE stock market under the symbol NNI.

As of March 5, 2025, NNI stock price climbed to $119.50 with 57,887 million shares trading.

NNI has a beta of 0.49, meaning it tends to be less sensitive to market movements. NNI has a correlation of 0.08 to the broad based SPY ETF.

NNI has a market cap of $4.34 billion. This is considered a Mid Cap stock.

Last quarter Nelnet reported $402 million in Revenue and $1.44 earnings per share. This beat revenue expectation by $67 million and exceeded earnings estimates by $.21.

In the last 3 years, NNI traded as high as $127.32 and as low as $72.94.

The top ETF exchange traded funds that NNI belongs to (by Net Assets): IWM, VTI, VB, VXF, VBR.

NNI has outperformed the market in the last year with a price return of +39.0% while the SPY ETF gained +15.2%. NNI has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +9.8% and +5.7%, respectively, while the SPY returned -3.7% and -4.6%, respectively.

NNI support price is $117.44 and resistance is $120.68 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NNI shares will trade within this expected range on the day.