Stock AnalizNelnet Inc. NNI
Finance: Consumer Services · IPO 2003 · data as of November 13, 2026
Nelnet Inc. (NNI) is a financial company listed in the US with a market value of about $4.5B. In the twelve months to September 30, 2026 it had revenue of $851M and net income of $272M, a net margin of 31.9%.
Its overall Stock Analiz score is 2.4 out of 5 (weak). The strongest part is shareholder returns (5/5); the weakest is future growth (1/5).
Key numbers: a P/E of 16.8, a price to free cash flow of 9.9, 5-year revenue growth of -9% a year, a 5-year average ROIC of 3%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 110% above the current price.
Score: 2.4 / 5
Checks passed
- P/E below 25
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- Profit margin improving
- Profitable 5 years in a row
- Positive free cash flow
- Interest covered more than 5 times
- Pays a dividend
Checks not passed
- P/E below the industry median
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
- 5-year revenue growth above 8% a year
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $851M | $851M | $973M | $1.1B | $1.6B | $1.3B | $1.4B | $1.1B | $1.1B | $784M | $897M |
| Net income | $272M | $428M | $184M | $90M | $407M | $393M | $352M | $142M | $228M | $173M | $257M |
| Free cash flow | $451M | $397M | $642M | $358M | $624M | $421M | $236M | $206M | $146M | $166M | $233M |
| EPS (diluted) | $7.56 | $11.79 | $5.02 | $2.40 | $10.82 | $10.20 | $9.02 | $3.54 | $5.57 | $4.14 | $6.02 |
| Net margin | 31.9% | 50.3% | 18.9% | 8.1% | 26.1% | 29.7% | 25.2% | 13.1% | 21.2% | 22.1% | 28.6% |
| ROIC | — | 3.7% | 1.5% | 4.3% | 4.0% | 2.5% | 2.8% | 28.9% | 33.0% | 23.0% | 24.6% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 1 analysts is $135.00, 6% above the current price; targets range from $135.00 to $135.00; the consensus rating is “Hold”; expected EPS is $7.53 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Nelnet’s P/E ratio?
About 16.8, based on the last twelve months of diluted earnings per share (forward P/E about 14.6).
Is Nelnet stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 110% above the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Nelnet pay a dividend?
Yes. The dividend yield is about 1.13%, and it has paid dividends for 10 years in our data.
Is Nelnet a good stock to buy?
We do not give buy or sell advice. Nelnet scores 2.4 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.