Nelnet CEO Tim Tewes to Retire in June After Over 25 Years of Service
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 15 2026
0mins
Source: Newsfilter
- Leadership Transition: Nelnet CEO Tim Tewes has announced his retirement in June, concluding over 25 years of service, marking a significant leadership change for the company.
- Strategic Contributions: Since joining Nelnet in 2005, Tewes has played a pivotal role in driving the company's growth and diversification, particularly establishing market leadership in education payment solutions.
- Product Expansion: Under Tewes' leadership, Nelnet successfully launched Nelnet Bank, a significant milestone in consumer lending that further enhances the company's competitive position in the market.
- Ongoing Influence: Although Tewes will retire, he will continue to serve on the board of Nelnet Bank, ensuring his lasting influence on the company's future development.
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Analyst Views on NNI
Wall Street analysts forecast NNI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NNI is 140.00 USD with a low forecast of 140.00 USD and a high forecast of 140.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 128.830
Low
140.00
Averages
140.00
High
140.00
Current: 128.830
Low
140.00
Averages
140.00
High
140.00
About NNI
Nelnet, Inc. operates businesses that are engaged in loan servicing and education technology services and payments. The Company's segments include Loan Servicing and Systems (LSS), Education Technology Services and Payments (ETSP), Asset Generation and Management (AGM), and Nelnet Bank. The LSS segment is focused on student and consumer loan servicing, loan servicing-related technology solutions and outsourcing business services. This segment includes the brands Nelnet Diversified Solutions, Nelnet Government Services and others. The ETSP segment provides education and payment technology and services for K-12 schools, higher education institutions, churches, and businesses in the United States and internationally. The AGM segment includes the acquisition and management of student and other loan assets, including investment interests therein. The Nelnet Bank includes an Internet Utah-chartered industrial bank focused on the private education and unsecured consumer loan markets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Nelnet Declares First Quarter Cash Dividend
- Dividend Declaration: Nelnet's Board of Directors has declared a cash dividend of $0.33 per share on its Class A and Class B common stock, to be paid on March 13, 2026, reflecting the company's commitment to shareholder returns.
- Record Date for Shareholders: The record date for shareholders to qualify for the dividend is set for February 27, 2026, ensuring that investors holding shares by this date will receive the payout, which enhances confidence in the company's stability.
- Earnings Release Schedule: Nelnet also announced it will release its fourth quarter and full-year earnings for 2025 after the close of the New York Stock Exchange on February 26, 2026, which is expected to provide further insights into the company's financial performance and may influence market expectations.
- Investor Information Access: Following the earnings release, investors can access additional financial information through the company's website, further enhancing transparency and communication with investors, thereby bolstering the company's image in the capital markets.
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Nelnet CEO Tim Tewes to Retire in June After Over 25 Years of Service
- Leadership Change: Nelnet CEO Tim Tewes will retire in June 2026 after over 25 years of service, marking a significant transition in the company's leadership.
- Strategic Contributions: Since joining Nelnet in 2005, Tewes has driven growth and diversification through acquisitions and product expansion, particularly establishing market leadership in education payment solutions.
- Business Milestone: Under Tewes' leadership, Nelnet successfully launched Nelnet Bank, a key milestone that solidified the company's position in consumer lending and enhanced its market presence.
- Ongoing Influence: Although Tewes will retire, he will continue to serve on the Nelnet Bank Board of Directors, ensuring his ongoing influence in the company's future development.
Continue Reading