Nicolet Bankshares (NIC) Expected to Announce Earnings on Tuesday

Nicolet Bankshares (NYSE:NIC - Get Free Report) is expected to be issuing its Q2 2025 quarterly earnings data before the market opens on Tuesday, July 15th. Analysts expect Nicolet Bankshares to post earnings of $2.14 per share and revenue of $72.89 million for the quarter.

Nicolet Bankshares (NYSE:NIC - Get Free Report) last posted its quarterly earnings data on Tuesday, April 15th. The company reported $2.10 earnings per share for the quarter, beating the consensus estimate of $1.96 by $0.14. The business had revenue of $89.43 million during the quarter, compared to the consensus estimate of $70.08 million. Nicolet Bankshares had a return on equity of 11.08% and a net margin of 24.31%. On average, analysts expect Nicolet Bankshares to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Nicolet Bankshares Stock Performance

Shares of Nicolet Bankshares stock traded down $2.06 during trading on Friday, reaching $128.28. The company's stock had a trading volume of 213,421 shares, compared to its average volume of 61,389. The company has a 50-day moving average price of $122.36 and a two-hundred day moving average price of $114.88. Nicolet Bankshares has a fifty-two week low of $82.78 and a fifty-two week high of $133.00. The firm has a market cap of $1.93 billion, a PE ratio of 15.47 and a beta of 0.76. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.13.

Nicolet Bankshares Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Monday, June 2nd were paid a $0.32 dividend. The ex-dividend date was Monday, June 2nd. This is a positive change from Nicolet Bankshares's previous quarterly dividend of $0.28. This represents a $1.28 dividend on an annualized basis and a yield of 1.00%. Nicolet Bankshares's payout ratio is currently 15.44%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on NIC. Keefe, Bruyette & Woods raised their price target on Nicolet Bankshares from $115.00 to $118.00 and gave the stock a "market perform" rating in a report on Thursday, April 17th. Piper Sandler decreased their price target on Nicolet Bankshares from $120.00 to $118.00 and set a "neutral" rating for the company in a report on Wednesday, April 16th.

Insider Transactions at Nicolet Bankshares

In related news, Director Robert Bruce Atwell sold 3,126 shares of the company's stock in a transaction on Monday, June 9th. The stock was sold at an average price of $118.30, for a total transaction of $369,805.80. Following the transaction, the director owned 34,220 shares of the company's stock, valued at $4,048,226. This represents a 8.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Susan L. Merkatoris sold 3,700 shares of the firm's stock in a transaction on Monday, April 21st. The shares were sold at an average price of $108.58, for a total value of $401,746.00. Following the completion of the sale, the director directly owned 78,218 shares of the company's stock, valued at approximately $8,492,910.44. This trade represents a 4.52% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 16,226 shares of company stock valued at $1,884,826. 16.40% of the stock is owned by insiders.

Hedge Funds Weigh In On Nicolet Bankshares

Institutional investors and hedge funds have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Nicolet Bankshares by 6.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,134 shares of the company's stock worth $886,000 after buying an additional 517 shares in the last quarter. AQR Capital Management LLC increased its holdings in Nicolet Bankshares by 15.2% in the first quarter. AQR Capital Management LLC now owns 11,819 shares of the company's stock valued at $1,288,000 after buying an additional 1,557 shares in the last quarter. Royal Bank of Canada lifted its position in shares of Nicolet Bankshares by 150.8% during the 1st quarter. Royal Bank of Canada now owns 13,987 shares of the company's stock valued at $1,524,000 after acquiring an additional 8,410 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Nicolet Bankshares by 6.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 29,778 shares of the company's stock worth $3,245,000 after acquiring an additional 1,922 shares in the last quarter. 43.06% of the stock is owned by institutional investors and hedge funds.

About Nicolet Bankshares

Nicolet Bankshares, Inc operates as the bank holding company for Nicolet National Bank that provides banking products and services for businesses and individuals in Wisconsin and Michigan. The company accepts checking, savings, and money market accounts; various certificates of deposit; and individual retirement accounts.