Nelnet Stock Price, News & Analysis

Nelnet (NYSE: NNI) reported strong Q2 2025 results with GAAP net income of $181.5 million ($4.97 per share), compared to $45.1 million ($1.23 per share) in Q2 2024. The significant increase was primarily driven by a $175.0 million gain from the partial redemption of Nelnet's investment in ALLO, reducing its ownership from 45% to 27%.

Key segment performance includes: Loan Servicing revenue increased to $120.7 million (up from $109.1M), servicing $516.1B in loans for 14.5M borrowers. The Asset Generation and Management segment reported loan interest income of $49.9 million, up from $35.8M. Education Technology Services revenue grew to $118.2 million. Nelnet Bank's loan portfolio reached $827.6 million with total deposits of $1.53B.

The company declared a Q3 dividend of $0.30 per share and repurchased 183,554 Class A shares for $21.4M during Q2.

Nelnet (NYSE:NNI) has launched Propelr, a new learning platform designed to enhance employee training and retention. The platform, developed by Nelnet Business Services, offers comprehensive solutions for onboarding, compliance training, professional development, and customer education.

Led by President Scott Spethman, Propelr features AI-powered automation for course creation and management while maintaining a human-centered approach. The platform provides dedicated support, custom learning paths, on-demand virtual learning, and gamification features. Initially focusing on manufacturing, hospitality, and retail sectors, Propelr aims to help organizations improve training efficiency and workforce development.

Nelnet (NYSE: NNI) has scheduled its second quarter 2025 earnings release for Wednesday, August 6, 2025, after the New York Stock Exchange closes. The earnings report will cover the financial period ending June 30, 2025.

Investors and interested parties can access additional earnings information through the company's investor relations website at www.nelnetinvestors.com once the results are published.

Toyota Boshoku America (TBA) has completed a 5.7-megawatt solar project at its Illinois manufacturing facility in partnership with Onyx Renewables, Sol Systems, and Nelnet Renewable Energy. The ground-mount solar array, spanning 17 acres, will meet 85% of Toyota Boshoku Illinois' electricity needs and generate over 9.5 million kilowatt-hours in its first year. The project, TBA's largest onsite solar installation to date, was developed without upfront capital investment through a power purchase agreement (PPA). Notable features include workforce development initiatives with 15% of project labor allocated for qualified apprentices, pollinator-friendly habitat implementation, and federal support as an "energy community." This initiative supports TBA's goal of achieving net-zero carbon emissions by 2050 while providing cost-effective, sustainable energy solutions.

Nelnet (NYSE: NNI) reported strong Q1 2025 financial results with GAAP net income of $82.6 million ($2.26 per share), up from $73.4 million ($1.98 per share) in Q1 2024. The company's core segments performed well despite economic challenges. Key highlights include:

- Asset Generation and Management segment earned $52.9M in loan interest income - Nelnet Bank's portfolio grew to $761.6M in loans and $872.2M in investments - Loan Servicing segment servicing $542.3B in loans for 15.6M borrowers - Education Technology Services revenue increased to $147.3M

The Board declared a Q2 dividend of $0.28 per share and authorized a new stock repurchase program for up to 5 million shares through May 2028. Additionally, Nelnet announced plans to reduce its stake in ALLO from 45% to 26%, expecting to receive $410M in cash and recognize a $175M pre-tax gain.

Edge Focus, a private credit firm, has successfully closed its first asset-backed securities (ABS) transaction EDGEX 2025-1NN, securing $150 million in collateral. The deal was led by CRB Securities with Nelnet Bank (NYSE: NNI) as co-sponsor.

The transaction featured two unrated senior notes placed with major institutional investors, demonstrating strong market confidence despite current financial market volatility. Edge Focus leverages proprietary technology tools including Origin, their credit decisioning engine, and Lens, their portfolio analytics platform.

This inaugural ABS deal establishes Edge Focus' EDGEX issuance program, positioning the company for recurring presence in the securitization market. The successful placement indicates strong investor appetite for technology-driven credit exposure, with Edge Focus planning to become a frequent ABS issuer.

Nelnet (NYSE: NNI) has scheduled its first quarter 2025 earnings release for Thursday, May 8, 2025, after the New York Stock Exchange closes. The earnings report will cover the period ended March 31, 2025. Additional financial information will be made available to investors through the company's investor relations website at www.nelnetinvestors.com.

Nelnet Business Services, a division of Nelnet, Inc. (NYSE: NNI), has acquired Next Gen Web Solutions, a Jacksonville-based provider of software solutions for higher education. Next Gen will be integrated into the Nelnet Campus Commerce business line under President Jackie Strohbehn.

Next Gen brings over 18 years of experience in higher education, having served more than 20 million students with solutions for streamlining administrative processes. The acquisition expands Nelnet's product offerings to include:

• Form building
• Financial aid exception processing
• Verification
• Scholarship management
• Work-study administrative support

The strategic move aims to diversify Nelnet's revenue streams while enhancing its service offerings to higher education institutions, leveraging existing shared client relationships.

Nelnet (NYSE: NNI) reported strong Q4 2024 results with GAAP net income of $63.2 million ($1.73 per share), compared to a loss of $7.9 million in Q4 2023. The company's net income excluding derivative adjustments was $52.7 million ($1.44 per share).

Key segment performance:

• Asset Generation and Management reported loan interest income of $48.3 million, up from $35.6 million year-over-year
• Nelnet Bank achieved net income of $4.2 million, improving from a $3.3 million loss last year
• Loan Servicing and Systems revenue reached $138.0 million, with net income of $20.4 million
• Education Technology Services generated $108.3 million in revenue with $13.6 million net income

For full-year 2024, Nelnet posted GAAP net income of $184.0 million ($5.02 per share), significantly higher than $89.8 million in 2023.