NELNET INC (NNI)
Nelnet, Inc. engages in loan servicing and education technology, services, and payment processing. It operates through the following segments: Loan Servicing and Systems (LSS), Education Technology Services and Payment Processing (ETSP), Asset Generation and Management (AGM), and Nelnet Bank. The LSS segment focuses on servicing federally owned student loans for the department. 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, management, and ownership of its loan assets. The Nelnet Bank segment focuses on the private education and consumer loan marketplace. The company was founded by Michael S. Dunlap and Stephen F. Butterfield on December 21, 1977 and is headquartered in Lincoln, NE.
Address
121 SOUTH 13TH ST
LINCOLN, NE 68508
Founded
1977
Number of Employees
7,550
Website
http://www.nelnet.com
Buyback
| Buyback Data | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Average |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $ Amount Purchased ($ in 000s ) |
$15,713 | $96,245 | $69,093 | $68,893 | $45,333 | $40,413 | $73,356 | $58,111 | $97,683 | $27,951 | $81,641 | $61,312 |
| Average Price | $41.17 | $39.30 | $33.90 | $46.77 | $52.22 | $55.64 | $46.01 | $81.47 | $84.03 | $82.95 | $92.28 | $53.41 |
| # Shares Purchased | 381,689 | 2,449,159 | 2,038,368 | 1,473,054 | 868,147 | 726,273 | 1,594,394 | 713,274 | 1,162,533 | 336,943 | 884,704 | 1,148,049 |
| Buyback Performance | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Average |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Return to Date | 172.1% | 185.0% | 230.4% | 139.5% | 114.5% | 101.3% | 143.4% | 37.5% | 33.3% | 35.0% | 21.4% | 109.7% |
| S&P 500 Return to Date | 181.9% | 173.0% | 168.6% | 129.7% | 104.9% | 93.1% | 74.8% | 31.7% | 37.3% | 31.3% | 7.4% | 94.0% |
| Excess Total Return | -9.8% | 12.0% | 61.8% | 9.8% | 9.6% | 8.2% | 68.6% | 5.8% | -4.0% | 3.7% | 14.0% | 15.8% |
| Quartile Rank |
|
|
|
|
|
|
|
|
|
|
|
|
| Percentile Rank | 71% | 75% | 80% | 76% | 76% | 75% | 83% | 73% | 72% | 75% | 79% | 85% |
Insider Transactions
Filters
Keyboard Shortcuts: Show (a) | Close (Esc)
Never miss an email alert when insiders at NNI make a trade.
Creating a free account takes less than one minute