
Nelnet Inc
NNI · NYSE · Financial Services / Credit Services
Price History
Full chartMarket Stats
About
Nelnet, Inc. engages in loan servicing, education technology services, and payment businesses worldwide. The company operates through four segments: Loan Servicing and Systems, Education Technology Services and Payments, Asset Generation and Management, and Nelnet Bank. The Loan Servicing and Systems segment provides loan conversion, application processing, borrower updates, customer, payment processing, due diligence procedures, funds management reconciliation, and claim processing services. This segment also offers student loan servicing software; and business process outsourcing services primarily in contact center management, such as inbound calls, outreach campaigns and sales, and interacting with customers through multi-channels, and processing and administrative services. The Education Technology Services and Payments segment provides financial management services; school information system software; a donation platform; education technology solutions; and customized professional development and coaching, and advanced learning and educational instruction services. This segment also offers tuition payment plans, and service and technology for student billings, payments, and refunds; solutions for in-person, online, and mobile payment experiences on campus; payment processing services, such as credit card and electronic transfer; learning management system; an integrated commerce payment platform; and a school management platform that provides administrative, information and financial management, and communication functions for K-12 schools. The Asset Generation and Management segment invest, allocates an manages loan assts. The Nelnet Bank segment operates as an internet industrial bank. It also offers investment advisory, investment, and reinsurance services, as well as engages in the real estate investment; and solar engineering, procurement, and construction businesses. The company was founded in 1977 and is headquartered in Lincoln, Nebraska.
Company Details
- SectorFinancial Services
- IndustryCredit Services
- CEOMr. Jeffrey R. Noordhoek
- Employees5.74K
- Headquarters121 South 13th Street, Lincoln, NE, United States, 68508, USA
- Websitehttps://www.nelnet.com
Leadership
- Mr. Michael Sullivan Dunlap J.D.Executive Chairman of the Board · b. 1963
- Mr. Jeffrey R. NoordhoekChief Executive Officer · b. 1966
- Mr. James D. Kruger CPAChief Financial Officer · b. 1963
- Mr. Terry J. HeimesChief Operating Officer · b. 1964
- Mr. Matthew W. DunlapChief Business Development Officer, President of Nelnet Financial Services & Director · b. 1989
- Ms. Deeann K. WengerPresident of Nelnet Business Services · b. 1971
- Mr. Phil MorganDirector of Investor Relations
- Mr. William J. Munn J.D.Corporate Secretary, Chief Governance Officer & General Counsel · b. 1968
- Ms. Emily R. OlingerChief People Services Officer · b. 1983
- Ms. Jackie StrohbehnPresident of Nelnet Campus Commerce
Financials
Income Statement
Balance Sheet
Cash Flow
Earnings
Key Statistics & Ratios
Analyst Ratings
- Hold1
Ownership Breakdown
- Institutions
- 49.00%
- Insiders
- 30.90%
- Retail / Other
- 20.10%
Top Institutional Holders
- Dimensional Fund Advisors, Inc.1.85M5.18%
- Magnolia Group, LLC1.27M3.55%
- Farmenrs & Merchants Investments Inc1.18M3.30%
- BlackRock Inc978.03K2.73%
- Vanguard Portfolio Management, LLC679.39K1.90%
- Vanguard Capital Management, LLC577.94K1.62%
- American Century Companies Inc420.69K1.18%
- Geode Capital Management, LLC346.69K0.97%
- State Street Corp314.98K0.88%
- Bragg Financial Advisors Inc248.49K0.69%
- Qvt Financial LP231.41K0.65%
- General American Investors Co Inc231.00K0.65%
Top Fund Holders
- DFA US Small Cap Value I539.61K1.51%
- Vanguard MStar Total Stk Mkt Idx Invest404.22K1.13%
- Avantis US Small Cap Value ETF394.47K1.10%
- iShares Russell 2000 ETF392.32K1.10%
- Vanguard Small Cap Index291.12K0.81%
- DFA US Targeted Value I236.09K0.66%
- FPA Queens Road Small Cap Value Inv234.48K0.66%
- General American Investors234.03K0.65%