Nelnet (NNI) Misses Q3 EPS by 4c

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Nelnet (NNI) Reluctant to Allocate Excess Capital; Compass Point Maintains Buy Rating

November 9, 2015 7:05 AM EST

Compass Point maintained a Buy rating on Nelnet (NYSE: NNI), and cut the price target to $48.00 (from $54.00), as management remains reluctant to either return excess capital to shareholders or put it to work more accretively.

Nonetheless, Compass Point continues to recommend NNI shares as a low-risk, high reward investment given the... More

Nelnet (NNI) Declares $0.12 Quarterly Dividend; 1.3% Yield

November 6, 2015 8:44 AM EST

Nelnet (NYSE: NNI) declared a quarterly dividend of $0.12 per share, or $0.48 annualized.

The dividend will be payable on December 15, 2015, to stockholders of record on December 1, 2015, with an ex-dividend date of November 27, 2015.

The annual yield on the dividend is 1.3 percent.

For a... More

Compass Point Reiterates Buy on Nelnet (NNI) Following 3Q Earnings Report

November 6, 2015 8:06 AM EST

Compass Point reiterated a Buy rating and $54.00 price target on Nelnet (NYSE: NNI) following the company's 3Q earnings report. NNI reported Core EPS of $1.43. net interest income of $112 million increased $7 million sequentially; net student loan assets of $29.2 billion were up 3% sequentially. Management projects the... More