NNI
Nelnet, Inc. Financial Services - Credit Services Investor Relations →
Nelnet, Inc. (NNI) closed at $132.12 as of 2026-02-02, trading 31.6% above its 200-week moving average of $100.41. The stock is currently moving closer to the line, down from 31.7% last week. The 14-week RSI sits at 53, indicating neutral momentum.
Over the past 1108 weeks of data, NNI has crossed below its 200-week moving average 8 times. On average, these episodes lasted 30 weeks. Historically, investors who bought NNI at the start of these episodes saw an average one-year return of +15.9%.
With a market cap of $4.8 billion, NNI is a mid-cap stock. Return on equity stands at 12.4%. The stock trades at 1.3x book value.
Over the past 21.3 years, a hypothetical investment of $100 in NNI would have grown to $692, compared to $870 for the S&P 500. NNI has returned 9.5% annualized vs 10.7% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 15.1% compound annual rate, with 4 consecutive years of positive cash generation.
Growth of $100: NNI vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After NNI Crosses Below the Line?
Across 8 historical episodes, buying NNI when it crossed below its 200-week moving average produced an average return of +23.5% after 12 months (median +36.0%), compared to +19.8% for the S&P 500 over the same periods. 75% of those episodes were profitable after one year. After 24 months, the average return was +40.9% vs +29.1% for the index.
Each line shows $100 invested at the moment NNI crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
NNI has crossed below its 200-week MA 8 times with an average 1-year return of +15.9% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Aug 2006 | Sep 2006 | 4 | 7.5% | -33.6% | +477.9% |
| Sep 2006 | Mar 2010 | 180 | 80.5% | -40.3% | +472.6% |
| Sep 2015 | Oct 2015 | 3 | 5.5% | +22.4% | +346.5% |
| Nov 2015 | Feb 2016 | 16 | 18.8% | +13.9% | +333.7% |
| May 2016 | Jul 2016 | 9 | 13.0% | +13.7% | +308.3% |
| Aug 2016 | Sep 2016 | 7 | 10.0% | +39.0% | +318.4% |
| May 2017 | May 2017 | 2 | 1.9% | +57.4% | +266.3% |
| Mar 2020 | Jun 2020 | 17 | 24.5% | +54.9% | +182.2% |
| Average | 30 | — | +15.9% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02