LINCOLN, Neb., April 17, 2024 /PRNewswire/ -- Nelnet, Inc. (NYSE:NNI) today announced it will release earnings for the first quarter ended March 31, 2024, after the close of the New York Stock Exchange on Thursday, May 9, 2024. Upon release, additional earnings information will be available at www.nelnetinvestors.com.
Learn more about Nelnet at www.nelnetinc.com.
View original content:https://www.prnewswire.com/news-releases/nelnet-to-announce-first-quarter-results-302119886.html
SOURCE Nelnet
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/1/2023 | $95.00 | Market Perform | TD Cowen |
| 3/2/2022 | $96.00 → $92.00 | Neutral | Credit Suisse |
| 1/13/2022 | $92.00 → $96.00 | Outperform → Neutral | Credit Suisse |
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. Net income, excluding derivative market value adjustments1, was $12.4 million, or $0.34 per share, for the third quarter of 2024, compared with $42.0 million, or $1.12 per share, for the same period in 2023. The third quarter 2024 operating results included the following items. A non-cash provision expense of $29.0 million ($22.0 million after tax, or $0.60 per share) related to the company's ownership of beneficial interest in loan s
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. Upon release, additional earnings information will be available at www.nelnetinvestors.com. Learn more about Nelnet at www.nelnetinc.com. View original content:https://www.prnewswire.com/news-releases/nelnet-to-announce-third-quarter-results-302275558.html SOURCE Nelnet, Inc.
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. Net income, excluding derivative market value adjustments1, was $43.9 million, or $1.20 per share, for the second quarter of 2024, compared with $25.9 million, or $0.69 per share, for the same period in 2023. "The operating results and cash generation from our businesses continue to be strong in 2024," said Jeff Noordhoek, chief executive officer of Nelnet. "We are excited about our current and future opportunities, always with a c
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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. Net income, excluding derivative market value adjustments1, was $12.4 million, or $0.34 per share, for the third quarter of 2024, compared with $42.0 million, or $1.12 per share, for the same period in 2023. The third quarter 2024 operating results included the following items. A non-cash provision expense of $29.0 million ($22.0 million after tax, or $0.60 per share) related to the company's ownership of beneficial interest in loan s
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. Net income, excluding derivative market value adjustments1, was $43.9 million, or $1.20 per share, for the second quarter of 2024, compared with $25.9 million, or $0.69 per share, for the same period in 2023. "The operating results and cash generation from our businesses continue to be strong in 2024," said Jeff Noordhoek, chief executive officer of Nelnet. "We are excited about our current and future opportunities, always with a c
LINCOLN, Neb., May 9, 2024 /PRNewswire/ -- Nelnet (NYSE:NNI) today reported GAAP net income of $73.2 million, or $1.97 per share, for the first quarter of 2024, compared with GAAP net income of $26.5 million, or $0.71 per share, for the same period a year ago. Net income, excluding derivative market value adjustments[1], was $67.2 million, or $1.81 per share, for the first quarter of 2024, compared with $54.9 million, or $1.47 per share, for the same period in 2023. "We are extremely pleased with the results of the first quarter," said Jeff Noordhoek, chief executive officer of Nelnet. "Our core businesses performed well in an uncertain environment. We continue to look for market opportunit
TD Cowen initiated coverage of Nelnet with a rating of Market Perform and set a new price target of $95.00
Credit Suisse reiterated coverage of Nelnet with a rating of Neutral and set a new price target of $92.00 from $96.00 previously
Credit Suisse downgraded Nelnet from Outperform to Neutral and set a new price target of $96.00 from $92.00 previously
LINCOLN, Neb., June 1, 2022 /PRNewswire/ -- FACTS, a division of Nelnet, Inc. (NYSE:NNI), today announced the appointment of Dan Hughes as national sales director, K–12, effective June 1. Hughes most recently served as FACTS' regional director, east region. "Dan is a true champion for FACTS' mission and has years of first-hand knowledge of the K–12 market in which we operate. He has a strong vision for the future of FACTS and the leadership skills necessary to help his team reach new heights, which makes him an ideal fit for this role," said Scott Spethman, president of FACTS. Hughes has over 20 years of K–12 sales experience, serving as national sales director at Tuition Management Systems
LINCOLN, Neb., March 17, 2022 /PRNewswire/ -- Nelnet (NYSE:NNI) announced today that its board of directors has been expanded to 10 members and enhanced with the appointments of Jona Van Deun, Adam Peterson, and Matthew Dunlap. "We are proud to add three new members to our board of directors," said Mike Dunlap, executive chairman of Nelnet. "Jona, Adam, and Matthew each bring fresh perspectives, their own areas of expertise, and a commitment to Nelnet's values, goals, and services." With an extensive background in politics and public affairs, Van Deun formerly served as the vice president of small business coalitions and engagement for the United States Chamber of Commerce and the director o