Nicolet Bankshares (NIC) to Release Earnings on Tuesday

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

Nicolet Bankshares (NYSE:NIC - Get Free Report) last announced its quarterly earnings results on Tuesday, April 15th. The company reported $2.10 EPS for the quarter, beating analysts' consensus estimates of $1.96 by $0.14. The firm had revenue of $89.43 million during the quarter, compared to analysts' expectations of $70.08 million. Nicolet Bankshares had a net margin of 24.31% and a return on equity of 11.08%. 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

NIC stock traded down $1.32 during trading hours on Wednesday, reaching $129.38. The stock had a trading volume of 88,122 shares, compared to its average volume of 60,355. The stock has a market capitalization of $1.95 billion, a PE ratio of 15.61 and a beta of 0.76. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.97 and a quick ratio of 0.97. The stock has a 50-day simple moving average of $121.88 and a 200 day simple moving average of $114.61. Nicolet Bankshares has a fifty-two week low of $80.05 and a fifty-two week high of $133.00.

Nicolet Bankshares Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Monday, June 2nd were given 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 annualized dividend and a dividend yield of 0.99%. Nicolet Bankshares's dividend payout ratio is presently 15.44%.

Analysts Set New Price Targets

NIC has been the topic of several research analyst reports. Keefe, Bruyette & Woods increased their price objective on shares of Nicolet Bankshares from $115.00 to $118.00 and gave the company a "market perform" rating in a research report on Thursday, April 17th. Piper Sandler dropped their target price on shares of Nicolet Bankshares from $120.00 to $118.00 and set a "neutral" rating for the company in a research report on Wednesday, April 16th.

Insider Buying and Selling

In other news, Director Susan L. Merkatoris sold 3,700 shares of the company'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 sale, the director directly owned 78,218 shares of the company's stock, valued at approximately $8,492,910.44. This represents a 4.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Robert Bruce Atwell sold 3,126 shares of the company's stock in a transaction on Monday, June 9th. The shares were sold at an average price of $118.30, for a total transaction of $369,805.80. Following the completion of the sale, the director directly owned 34,220 shares in the company, valued at approximately $4,048,226. This represents a 8.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 16,226 shares of company stock worth $1,884,826 over the last three months. Insiders own 14.20% of the company's stock.

Institutional Investors Weigh In On Nicolet Bankshares

A number of institutional investors have recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake 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 acquiring an additional 517 shares in the last quarter. AQR Capital Management LLC lifted its stake in shares of 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 raised its holdings in shares of Nicolet Bankshares by 150.8% in the first quarter. Royal Bank of Canada now owns 13,987 shares of the company's stock valued at $1,524,000 after purchasing an additional 8,410 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Nicolet Bankshares by 6.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 29,778 shares of the company's stock valued at $3,245,000 after purchasing an additional 1,922 shares during the last quarter. 43.06% of the stock is owned by institutional investors.

Nicolet Bankshares Company Profile

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.