Nelnet (NNI) to Release Earnings on Tuesday

Nelnet (NYSE:NNI) is anticipated to issue its quarterly earnings data after the market closes on Tuesday, February 25th. Analysts expect the company to announce earnings of $1.23 per share and revenue of $335.00 million for the quarter.

Nelnet Stock Up 0.4 %

NNI stock opened at $113.11 on Tuesday. The firm’s fifty day moving average is $108.46 and its 200 day moving average is $110.33. The company has a debt-to-equity ratio of 2.78, a quick ratio of 31.47 and a current ratio of 31.47. Nelnet has a one year low of $83.75 and a one year high of $127.32. The firm has a market cap of $4.10 billion, a PE ratio of 37.21 and a beta of 0.91.

Nelnet Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be given a dividend of $0.28 per share. The ex-dividend date is Friday, February 28th. This represents a $1.12 annualized dividend and a dividend yield of 0.99%. Nelnet’s dividend payout ratio (DPR) is presently 36.84%.

Analyst Ratings Changes

Separately, StockNews.com upgraded Nelnet from a “hold” rating to a “buy” rating in a research report on Wednesday, February 12th.

About Nelnet

Nelnet, Inc engages in loan servicing, communications, education technology, services, and payment processing businesses worldwide. The Loan Servicing and Systems segment provides loan conversion, application processing, borrower updates, customer service, payment processing, due diligence procedures, funds management reconciliation, and claim processing services.