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Nelnet, Inc. logo

Nelnet, Inc.

NNI

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Nelnet is an operating holding company with primary businesses in consumer lending, loan servicing, payments, and technology-enabled services, many of which are focused on serving customers in the education sector. The Company conducts these activities both directly and through its wholly owned and majority-owned subsidiaries, and actively manages and operates its businesses on an integrated ba…

Valuation & Multiples

Based on TTM earnings · Diluted shares

Market Cap$4.41B
EPS$8.38
P/E14.61
Div. Yield1.05%
Net Margin–
P/Book1.2x
Nelnet, Inc. intrinsic value
52-Week Range
$121.88$144.23

Profitability & Returns

Revenue

N/A

Net Income (TTM)

$302M

▲ +132.8% YoY

Net Margin

–

P/E

14.61

Balance Sheet

Total Assets

$14.28B

Equity

$3.77B

Total Debt

$7.04B

Cash & Equiv.

$172M

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Held by ETFs

NNI is in 54 US ETFs. The largest of them, with NNI's weight in each:

Nelnet (NNI) in four numbers

Fair value (book value)
$133.14
Price $122.47 is 8% below it.
Intrinsic Value
Quality score
64/100
Best check: book value growth, 67.7%. Weakest: margin trend, -2276.4pp.
Quality
Dividend (TTM)
$1.28
1.05% yield, raised 9 years in a row.
Dividends
P/E
14.61
Price to free cash flow 12.12.
Financials

Questions about Nelnet

Is Nelnet (NNI) overvalued?

At $122.47, Nelnet's price is 8% below the $133.14 a share fair value that Intrinsiqq's calculator gets from its book value. It trades at 14.61 times earnings and 12.12 times free cash flow. The growth behind that figure is yours to set on the Intrinsic Value tab. See how to tell if a stock is overvalued.

What is Nelnet's fair value?

Intrinsiqq's calculator puts Nelnet's fair value at $133.14 a share. It grows book value per share 8.5% a year for 5 years, applies an exit P/B of 1.3, and works back at a 10% yearly return. A 25% margin of safety gives a buy-below price of $99.86. Every input can be changed on the Intrinsic Value tab.

Is Nelnet a high-quality business?

Nelnet scores 64 out of 100 on Intrinsiqq's quality score, which makes it a solid business on these measures. The score blends 7 checks computed from SEC filings. Its best check is book value growth at 67.7%, and its weakest is margin trend at -2276.4pp. The Quality tab shows every check against its target.

Does Nelnet (NNI) pay a dividend, and how much?

Yes. Nelnet (NNI) pays a dividend: $1.28 per share over the last twelve months, a dividend yield of 1.05% at the latest close. It has raised its dividend per share for 9 years in a row, growing at 7.8% a year over the last 5 years. The payout takes about 15.3% of earnings.

Source: 10-Q filed 6 Aug 2026 (period ending 30 Jun 2026), SEC. Price: last close 30 Oct 2026. How this is calculated. Sector medians are approximate S&P 500 benchmarks and update periodically. Analysis, not investment advice.

Spot a number that looks wrong? Check it in NNI's SEC filings or

Download this analysis as a PDF (Pro)

Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.

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Not financial advice. Analytical data for research only.

Intrinsiqq is a Netherlands-based company operating in Rotterdam, KvK 73238007.