Nelnet Inc. (NNI): Analysis on the Earning Per Share

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Nelnet Inc. (NYSE:NNI) changes shares on Wednesday trading session, with a change of -2.11% or -$0.98 shares. The trading starts at $45.80 and closed at $46.35 throughout the day. The trading session low price was $44.65 and day high was $45.82 on Wednesday, June 24. After the session, the Financial sector daily volume shifted to 0.13 million while its average volume is 128.07K. In other hand, the NNI market cap reached to $1.79B. While, its current target price is $45.37 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -4.24% and down -9.10% for month. Its quarterly performance was 13.28% above, while its half year performance is down -23.34%. NNI yearly performance stood at negative -21.49% and fall -22.10% for year-to-date. Current recommendation for Nelnet Inc. is 3.00.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. NNI EPS (TTM) for 12-month is 1.49. EPS for this year is -36.40%, while for the next year its value is 5.55. Its EPS Q/Q reached -197.10%. It has an EPS of -11.60% down for past five years and for the next five years will be down -6.91%.

Let’s take a look on the analyst recommendations on NNI for the current month and previous month. For the current month, 0 of 1 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 1 as Hold. As compared with the previous month ratings, 2 analysts participate in stock recommendation. Out of 2, 0 rated it sell, 2 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $50.00-$50.00. Average target price for NNI was reached at $50.00.

Dimensional Fund Advisors LP, Vanguard Group, Inc. (The) and Farmers & Merchants Investments Inc are the top three holders in Nelnet Inc. (NNI) stock. On Mar 30, 2020, Dimensional Fund Advisors LP has 2.39 million shares which valued 108.32 million. On Mar 30, 2020, Vanguard Group, Inc. (The) owned 2.07 million shares which valued at 94.07 million. On Mar 30, 2020, Farmers & Merchants Investments Inc has a total of 1.46 million shares which valued at 66.46 million. In the end, Farmers & Merchants Investments Inc have 5.25% shares outstanding of Nelnet Inc. (NNI) on Mar 30, 2020. The insider ownership moved to 9.50% and institutional holding shifted to 54.10%.

The company posted an EPS (TTM) of 1.49. According to the most recent quarter report on (Jun 2020), 1 analysts estimated an average EPS of 1.3, while 1.32 EPS posted a year ago period. Analyst Estimated EPS for NNI published in the report was 1.3-1.3 during the same period. Comparing with last year, the average estimated EPS was 1.32 which is higher than -1.01 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for NNI fall -17.86% for period of 200 days. SMA for 50 days was -3.94% which is showing red signal, while SMA-20 was -8.25%. The moving average value for Nelnet Inc. (NNI) is 51.65 and 48.18 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in NNI stock. On May 27, Butterfield Shelby J, 10% Owner, sold 100,000 trading shares at the cost of $48.85, which valued at 4.88 million. On May 12, DUNLAP MICHAEL S, Executive Chairman of Board, bought 1,347,200 shares at the cost of $44.57, with total shares of 1,600,000. On May 12, DUNLAP MICHAEL S, Executive Chairman of Board, sold 1,347,200 shares at the cost of 44.57. After this transaction, DUNLAP MICHAEL S total shares reached to 1,600,000 which valued at 60.04 million.