Nelnet Inc holds student loans and engages in student loan servicing and tuition payment processing. The majority of company revenue is interest income from the student loans the company holds. Nelnet holds student loans that it originated under the Federal Family Education Loan Program before 2010. Because of the Health Care and Education Reconciliation Act of 2010, which authorized only the federal government to originate these loans, Nelnet cannot originate new student loans, but it can and does purchase existing loans from other lenders. Virtually all other company revenue comes from fees it earns by servicing student loans owned by itself and others, including the government, and tuition payment processing for over 1200 colleges and universities as well as nearly 11,000 K-12 schools.
Quote | Nelnet Inc. (NYSE:NNI)
Last: | $112.69 |
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Change Percent: | -0.71% |
Open: | $113.12 |
Close: | $112.69 |
High: | $113.12 |
Low: | $112.17 |
Volume: | 39,613 |
Last Trade Date Time: | 07/26/2024 03:00:00 am |
News | Nelnet Inc. (NYSE:NNI)
2024-07-26 03:22:36 ET Summary Despite the possibility of sluggishness in price and a fast come off in dividends for SLM's preference share listing SLMBP earlier this year, the fears turned out to be unfounded. The latest Q2 2024 results further support the stock. Loan origination...
FACTS Expands Education Technology Suite to Serve Corporate and Faith-Based Organizations PR Newswire LINCOLN, Neb. , July 23, 2024 /PRNewswire/ -- FACTS®, a Nelnet company (NYSE: NNI), announced at the recent FACTS Elevate Conference the consolidation o...
Message Board Posts | Nelnet Inc. (NYSE:NNI)
Subject | By | Source | When |
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+4% today and approaching a new all time | Prudent Capitalist | investorshub | 05/14/2021 6:51:18 PM |
Another new all time high here today above $69 | Prudent Capitalist | investorshub | 09/10/2019 3:32:27 PM |
+10% here today. Nice when the market recognizes | Prudent Capitalist | investorshub | 05/09/2019 7:57:58 PM |
NNI headed North in a big way here | Prudent Capitalist | investorshub | 11/09/2016 10:36:10 PM |
Dividend increased 16.67% | Prudent Capitalist | investorshub | 11/09/2016 10:34:07 PM |
News, Short Squeeze, Breakout and More Instantly...
FACTS Expands Education Technology Suite to Serve Corporate and Faith-Based Organizations PR Newswire LINCOLN, Neb. , July 23, 2024 /PRNewswire/ -- FACTS®, a Nelnet company (NYSE: NNI), announced at the recent FACTS Elevate Conference the consolidation o...
Shares of Nelnet, Inc. (NYSE: NNI) traded at a new 52-week high today and are currently trading at $111.94. So far today, approximately 4,231 shares have been exchanged, as compared to an average 30-day volume of 102.03k shares. Nelnet, Inc. engages in loan servicing, communications, educatio...
2024-06-13 12:52:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...