TD Cowen initiated coverage of Nelnet with a rating of Market Perform and set a new price target of $95.00
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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 |
4 - NELNET INC (0001258602) (Issuer)
4 - NELNET INC (0001258602) (Issuer)
4 - NELNET INC (0001258602) (Issuer)
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
SC 13D/A - NELNET INC (0001258602) (Subject)
SC 13G/A - NELNET INC (0001258602) (Subject)
SC 13G/A - NELNET INC (0001258602) (Subject)
10-Q - NELNET INC (0001258602) (Filer)
8-K - NELNET INC (0001258602) (Filer)
8-K - NELNET INC (0001258602) (Filer)
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
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
A federal appeals court has blocked President Joe Biden’s administration from implementing its Saving on a Valuable Education (SAVE) student debt relief plan. The Details: The St. Louis-based 8th U.S. Circuit Court of Appeals granted a request by seven states to put on hold parts of the U.S. Department of Education’s debt relief plan. Combined with a previous ruling last month by U.S. District Judge John Ross in St. Louis, the entire SAVE plan is now blocked from being implemented as the legal process continues. “Appellants’ emergency motion for an administrative stay prohibiting the appellees from implementing or acting pursuant to the Final Rule until this Court rules on the appell
Discover Financial Services (NYSE:DFS) shares are trading higher today after the company reported better-than-expected second-quarter EPS results yesterday. The company reported GAAP earnings of $6.06 per share, beating the estimate of $3.07 per share, and quarterly Net Interest Income (NII) of $3.524 billion. RBC Capital Markets analyst Jon G. Arfstrom says the stock’s performance (Sector Perform, with a $140 price target) is likely to be influenced primarily by the pending merger with Capital One Financial Corporation (NYSE:COF), with the expectation that the acquisition will eventually be completed. Concurrently, Discover is progressing independently by addressing regulatory and
SoFi Technologies, Inc. (NASDAQ:SOFI) shares are trading mostly flat Thursday. The stock has climbed more than 20% over the past month on investors' optimism for rate cuts in the near-term. What To Know: There have also been several recent developments regarding student loans. The Biden Administration announced Thursday that it will forgive an additional $1.2 billion in student loans for 35,000 public service workers through its Public Service Loan Forgiveness (PSLF) program. Read Next: Discover Reports Better-Than-Expected Q2 Results: Here’s The Details Discover Financial Services (NYSE:DFS) announced Wednesday that it has entered into an agreement to sell its private student l