Nelnet, Inc. Class A Stock News

NEW YORK--(BUSINESS WIRE)--Edge Focus, a leading fintech company focused on consumer finance, announced today a strategic investment by Nelnet, Inc. (NYSE: NNI), a financial services company specializing in investment management, education technology, and asset servicing. Nelnet's equity investment in Edge Focus expands an existing partnership, including a strategy to acquire consumer loan port...

LINCOLN, Neb. , Nov. 7, 2024 /PRNewswire/ -- Nelnet (NYSE: NNI) today reported GAAP net income of $2.4 million, or $0.07 per share, for the third quarter of 2024, compared with GAAP net income of $44.4 million, or $1.18 per share, for the same period a year ago.

LINCOLN, Neb. , Oct. 14, 2024 /PRNewswire/ -- Nelnet, Inc. (NYSE: NNI) today announced it will release earnings for the third quarter ended September 30, 2024, after the close of the New York Stock Exchange on Thursday, November 7, 2024.

Shares have risen 20% since my previous recommendation where I estimated intrinsic value per share of $145. Owing to strong performance within Nelnet Business Services, where income grew 42% year over year in Q2, I have raised my estimate for intrinsic value to $162 per share. Meanwhile management continues to return capital to shareholders through dividends and buybacks.

LINCOLN, Neb. , Aug. 8, 2024  /PRNewswire/ -- Nelnet (NYSE: NNI) today reported GAAP net income of $45.1 million, or $1.23 per share, for the second quarter of 2024, compared with GAAP net income of $27.4 million, or $0.73 per share, for the same period a year ago.

LINCOLN, Neb. , July 23, 2024 /PRNewswire/ -- FACTS®, a Nelnet company (NYSE: NNI), announced at the recent FACTS Elevate Conference the consolidation of multiple Nelnet brands into the FACTS brand.

LINCOLN, Neb. , July 11, 2024 /PRNewswire/ -- Nelnet, Inc. (NYSE: NNI) today announced it will release earnings for the second quarter ended June 30, 2024, after the close of the New York Stock Exchange on Thursday, August 8, 2024.