Nelnet And 4 Other Stocks Have High Sales Growth And An Above 3% Return on Equity

(VIANEWS) – Nelnet (NNI), Great Elm Capital Corp. (GECC), RLI Corp. (RLI) are the highest sales growth and return on equity stocks on this list.

Here is a list of stocks with an above 5% expected next quarter sales growth, and a 3% or higher return on equity. May these stocks be a good medium-term investment option?

1. Nelnet (NNI)

38.8% sales growth and 3.92% return on equity

Nelnet, Inc. engages in loan servicing, communications, education technology, services, and payment processing businesses worldwide. Its Loan Servicing and Systems segment provides loan conversion, application processing, borrower updates, customer service, payment processing, due diligence procedures, funds management reconciliation, and claim processing services. This segment also offers student loan servicing software; business process outsourcing services specialized in contact center management, such as inbound calls, outreach campaigns and sales, and interacting with customers through multi-channels. The company's Education Technology, Services, and Payment Processing segment provides financial management services; school information system software; website design and cost effective admissions software; FACTS Giving, a donation platform; and customized professional development and coaching services, educational instruction services, and technology products that aid in teacher and student evaluations. It also offers tuition payment plans, and service and technology for student billings, payments, and refunds; solutions for in-person, online, and mobile payment experiences on campus; payment processing services, such as credit card and electronic transfer; faith community, giving, and learning management services and technologies; and an integrated commerce payment platform, financial management, and tuition payment plan services, as well as a school management platform that provides administrative, information and financial management, and communication functions for K-12 schools. Its Communications segment provides fiber optic service to homes and businesses for internet, television, and telephone services. The Company's Asset Generation and Management segment acquires, manages, and owns loan assets. Its Nelnet Bank segment operates as an internet industrial bank. The company was founded in 1978 and is headquartered in Lincoln, Nebraska.

Earnings Per Share

As for profitability, Nelnet has a trailing twelve months EPS of $3.7.

PE Ratio

Nelnet has a trailing twelve months price to earnings ratio of 28.92. Meaning, the purchaser of the share is investing $28.92 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 3.92%.

Sales Growth

Nelnet’s sales growth is 10.7% for the present quarter and 38.8% for the next.

Yearly Top and Bottom Value

Nelnet’s stock is valued at $107.00 at 11:22 EST, under its 52-week high of $114.26 and way higher than its 52-week low of $81.67.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on May 31, 2024, the estimated forward annual dividend rate is 1.12 and the estimated forward annual dividend yield is 1.04%.

2. Great Elm Capital Corp. (GECC)

23.2% sales growth and 9.31% return on equity

Great Elm Capital Corporation is a business development company which specializes in loan and mezzanine, middle market investments. The fund prefers to invest in media, commercial services and supplies, healthcare, telecommunication services, communications equipment. It typically makes equity investments between $3 million and $10 million in companies with revenues between $3 million and $75 million.

Earnings Per Share

As for profitability, Great Elm Capital Corp. has a trailing twelve months EPS of $1.37.

PE Ratio

Great Elm Capital Corp. has a trailing twelve months price to earnings ratio of 7.23. Meaning, the purchaser of the share is investing $7.23 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.31%.

Volume

Today’s last reported volume for Great Elm Capital Corp. is 18794 which is 7.11% below its average volume of 20233.

Sales Growth

Great Elm Capital Corp.’s sales growth is 17.6% for the ongoing quarter and 23.2% for the next.

Yearly Top and Bottom Value

Great Elm Capital Corp.’s stock is valued at $9.91 at 11:22 EST, way below its 52-week high of $11.82 and way above its 52-week low of $8.38.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Sep 16, 2024, the estimated forward annual dividend rate is 1.4 and the estimated forward annual dividend yield is 14.13%.

3. RLI Corp. (RLI)

12.9% sales growth and 23.02% return on equity

RLI Corp., an insurance holding company, underwrites property and casualty insurance. Its Casualty segment provides commercial and personal coverage products; and general liability products, such as coverage for third-party liability of commercial insureds, including manufacturers, contractors, apartments, and mercantile. It also offers coverages for security guards and environmental liability for underground storage tanks, contractors and asbestos, and environmental remediation specialists; and professional liability coverages for errors and omission coverage for small to medium-sized design, technical, computer, and miscellaneous professionals. This segment provides commercial automobile liability and physical damage insurance to local, intermediate and long haul truckers, public transportation entities, and other types of specialty commercial automobile risks; incidental and related insurance coverages; inland marine coverages; management liability coverages, such as directors and officers liability insurance, fiduciary liability and coverages, employment practice liability, and for various classes of risks, including public and private businesses; and home business insurance products. The company's Property segment offers commercial property, cargo, hull, protection and indemnity, marine liability, inland marine, homeowners' and dwelling fire, and other property insurance products. Its Surety segment offers commercial surety bonds for medium to large-sized businesses; small bonds for businesses and individuals; and bonds for small to medium-sized contractors. The company also engages in various reinsurance coverages. It markets its products through branch offices, wholesale and retail brokers, carrier partners, and underwriting and independent agents. RLI Corp. was incorporated in 1965 and is headquartered in Peoria, Illinois.

Earnings Per Share

As for profitability, RLI Corp. has a trailing twelve months EPS of $7.32.

PE Ratio

RLI Corp. has a trailing twelve months price to earnings ratio of 20.09. Meaning, the purchaser of the share is investing $20.09 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 23.02%.

4. ANSYS (ANSS)

11.5% sales growth and 9.43% return on equity

ANSYS, Inc. develops and markets engineering simulation software and services for engineers, designers, researchers, and students in the United States, Japan, Germany, China, Hong Kong, South Korea, rest of Europe, the Middle East, Africa, and internationally. It offers structural analysis product suite that provides simulation tools for product design and optimization; the Ansys Mechanical product, an element analysis software; LS-DYNA solver for multiphysics simulation; and power analysis and optimization software suite. The company also offers electronics product suite that provides electromagnetic field simulation software for designing electronic and electromechanical products; Ansys High Frequency Structure Simulator product for radio frequency and microwave design; SCADE product suite, a solution for embedded software simulation, code production, and automated certification; fluids product suite that enables modeling of fluid flow and other related physical phenomena; Ansys Fluent computational fluid dynamics software package; Ansys RedHawk-SC for electronic design automation; Ansys Optics software; and mission-simulation, modeling, testing, and analysis software. In addition, it offers Ansys Granta MI system for materials information management; Ansys Granta Selector technology for materials selection and graphical analysis; CES EduPack product, a set of teaching resources; Granta Materials Data for Simulation; Ansys Lumerical product, a photonics simulation software solution; safety-certified embedded software solutions; Discovery product family for use in the simulation of product design; academic product suite for research and teaching settings. ANSYS, Inc. was founded in 1970 and is headquartered in Canonsburg, Pennsylvania.

Earnings Per Share

As for profitability, ANSYS has a trailing twelve months EPS of $5.72.

PE Ratio

ANSYS has a trailing twelve months price to earnings ratio of 58.43. Meaning, the purchaser of the share is investing $58.43 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.43%.

5. American Homes 4 Rent (AMH)

6% sales growth and 5.45% return on equity

American Homes 4 Rent (NYSE: AMH) is a leader in the single-family home rental industry and "American Homes 4 Rent" is fast becoming a nationally recognized brand for rental homes, known for high-quality, good value and tenant satisfaction. We are an internally managed Maryland real estate investment trust, or REIT, focused on acquiring, developing, renovating, leasing, and operating attractive, single-family homes as rental properties. As of June 30, 2020, we owned 53,000 single-family properties in selected submarkets in 22 states.

Earnings Per Share

As for profitability, American Homes 4 Rent has a trailing twelve months EPS of $0.97.

PE Ratio

American Homes 4 Rent has a trailing twelve months price to earnings ratio of 39.51. Meaning, the purchaser of the share is investing $39.51 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 5.45%.

Volume

Today’s last reported volume for American Homes 4 Rent is 706646 which is 65.48% below its average volume of 2047550.

Revenue Growth

Year-on-year quarterly revenue growth grew by 7.1%, now sitting on 1.68B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 30% and a negative 23.8%, respectively.

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