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Nelnet Inc - NNI STOCK NEWS

Welcome to our dedicated news page for Nelnet (Ticker: NNI), a resource for investors and traders seeking the latest updates and insights on Nelnet.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Nelnet's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Nelnet's position in the market.

News
Rhea-AI Summary
Nelnet, Inc. (NNI) is set to announce its first-quarter results for 2024 on May 9, 2024, after the close of the New York Stock Exchange. Investors can access the earnings information on www.nelnetinvestors.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.44%
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Rhea-AI Summary
Nelnet Renewable Energy shifts focus to commercial solar market, discontinues residential operations due to challenging conditions. Company aims to become a leading commercial solar EPC contractor.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.19%
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none
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Rhea-AI Summary
Sunrock Distributed Generation partners with Nelnet, Inc. to enhance energy sustainability and reduce carbon emissions through distributed generation assets in multiple states.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.22%
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none
Rhea-AI Summary
Nelnet (NNI) reported a GAAP net loss of $8.6 million for Q4 2023, with challenges in its Nelnet Renewable Energy division. Despite losses, core fee-based businesses performed well. AGM segment saw a decrease in net interest income due to loan portfolio runoff. Nelnet Bank had a net loss. Loan Servicing revenue decreased, while Education Technology Services revenue increased. Year-end net income dropped from 2022. NRE and ALLO Holdings LLC reported losses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.25%
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-
Rhea-AI Summary
Nelnet Bank launches K–12 High-Yield Savings Accounts in partnership with FACTS to support financial stability and growth for educational institutions. The accounts offer competitive high-interest rates with customized tiers, prioritizing the savings of K–12 schools and providing quick access to funds without monthly maintenance fees.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.53%
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none
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Rhea-AI Summary
Nelnet, Inc. (NNI) declares a first quarter cash dividend of $0.28 per share for Class A and Class B common stock. The dividend will be paid on March 15, 2024, to shareholders of record as of March 1, 2024. Additionally, the company will release earnings for the fourth quarter and year ended December 31, 2023, on February 27, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.43%
Tags
dividends earnings
Rhea-AI Summary
Nelnet (NYSE: NNI) reports GAAP net income of $45.3 million for Q3 2023, down from $104.8 million a year ago, due to expected runoff of legacy student loan portfolio. AGM net interest income decreased to $51.5 million, while Nelnet Bank recognized net income of $1.7 million. Loan Servicing and Systems segment reported revenue of $127.9 million, and Nelnet's Board of Directors declared a fourth-quarter cash dividend of $0.28 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.48%
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Rhea-AI Summary
Federman & Sherwood successfully opposed two motions to dismiss in the pending data breach litigation against Nelnet, Inc. and the Oklahoma Student Loan Authority.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.69%
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none
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News
Rhea-AI Summary
Nelnet, Inc. to release earnings for the third quarter on November 7, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.12%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.61%
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none
Nelnet Inc

NYSE:NNI

NNI Rankings

NNI Stock Data

3.48B
13.23M
37.49%
58.97%
0.59%
Credit Card Issuing
Finance and Insurance
Link
US
Lincoln

About NNI

nelnet is a student loan servicer that’s grown into a fiber internet pioneer, real estate investor, and software provider. but that’s just the beginning. with 4,000 employees and growing, we take our business wherever superior customer experiences and ingenuity is needed. find nelnet in 17 different cities, 3 countries, 24+ businesses, 5 industries, and in your linkedin feed by following our page. we have five core values at nelnet: 1. provide superior customer experiences 2. create an awesome work environment 3. pursue opportunities for diversification and growth 4. communicate openly and honestly 5. give back to the communities in which we live and work