NIC Company Profile (NASDAQ:EGOV)

About NIC (NASDAQ:EGOV)

NIC logoNIC Inc. is a provider of digital government services that help governments use technology to provide services to businesses and citizens. The Company operates through Outsourced Portals segment. The Company offers its services through two channels: primary outsourced portal businesses, and software and services businesses. In the primary outsourced portal businesses, the Company enters into contracts with state and local governments to design, build, and operate Internet-based, enterprise-wide portals on their behalf. Its software and services businesses include its subsidiaries that provide software development and payment processing services, other than outsourced portal services, to state and local governments, as well as federal agencies. The Company's outsourced portal businesses include interactive government services (IGS), driver history records (DHR), Portal software development and services, and Portal management.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Application Software
  • Sub-Industry: Internet Software & Services
  • Symbol: NASDAQ:EGOV
  • CUSIP: 62914B10
  • Web: www.egov.com
Capitalization:
  • Market Cap: $1.37 billion
  • Outstanding Shares: 66,218,000
Average Prices:
  • 50 Day Moving Avg: $20.85
  • 200 Day Moving Avg: $22.59
  • 52 Week Range: $18.82 - $25.90
P/E:
  • Trailing P/E Ratio: 24.27
  • Foreward P/E Ratio: 25.62
  • P/E Growth: 1.13
Sales & Book Value:
  • Annual Revenue: $322.7 million
  • Price / Sales: 4.26
  • Book Value: $2.16 per share
  • Price / Book: 9.61
Dividend:
  • Dividend Yield: 1.6%
Profitability:
  • EBIDTA: $84.01 million
  • Net Margins: 17.56%
  • Return on Equity: 39.21%
  • Return on Assets: 23.52%
Debt:
  • Current Ratio: 2.25%
  • Quick Ratio: 2.62%
Misc:
  • Average Volume: 354,647 shs.
  • Beta: 0.61
  • Short Ratio: 8.86
 

Frequently Asked Questions for NIC (NASDAQ:EGOV)

What is NIC's stock symbol?

NIC trades on the NASDAQ under the ticker symbol "EGOV."

How often does NIC pay dividends? What is the dividend yield for NIC?

NIC declared a quarterly dividend on Thursday, May 4th. Shareholders of record on Tuesday, June 6th will be paid a dividend of $0.08 per share on Tuesday, June 20th. This represents a $0.32 annualized dividend and a dividend yield of 1.54%. The ex-dividend date of this dividend is Friday, June 2nd. View NIC's Dividend History.

How were NIC's earnings last quarter?

NIC Inc. (NASDAQ:EGOV) issued its earnings results on Monday, May, 1st. The company reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.03. The company had revenue of $83.20 million for the quarter, compared to analyst estimates of $81.99 million. NIC had a net margin of 17.56% and a return on equity of 39.21%. The company's quarterly revenue was up 6.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.19 earnings per share. View NIC's Earnings History.

When will NIC make its next earnings announcement?

NIC is scheduled to release their next quarterly earnings announcement on Thursday, August, 3rd 2017. View Earnings Estimates for NIC.

Where is NIC's stock going? Where will NIC's stock price be in 2017?

6 brokers have issued 1 year price targets for NIC's stock. Their predictions range from $18.00 to $28.00. On average, they anticipate NIC's stock price to reach $22.80 in the next twelve months. View Analyst Ratings for NIC.

Who are some of NIC's key competitors?

Who owns NIC stock?

NIC's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Brown Capital Management LLC (13.23%), BlackRock Inc. (11.30%), Vanguard Group Inc. (8.92%), TimesSquare Capital Management LLC (3.22%), Dimensional Fund Advisors LP (3.12%) and Columbia Wanger Asset Management LLC (2.81%). Company insiders that own NIC stock include Alexander C Kemper, Harry Herington, Jayne Holland, Peter B Wilson, Robert W Knapp, Ross C Hartley, William F Bradley Jr, William F Bradley, Jr and William M Lyons. View Institutional Ownership Trends for NIC.

Who sold NIC stock? Who is selling NIC stock?

NIC's stock was sold by a variety of institutional investors in the last quarter, including Palisade Capital Management LLC NJ, BTIM Corp., Wells Fargo & Company MN, State of New Jersey Common Pension Fund D, Formula Growth Ltd., Bank of America Corp DE, Parametric Portfolio Associates LLC and JPMorgan Chase & Co.. Company insiders that have sold NIC stock in the last year include Alexander C Kemper, Jayne Holland, Robert W Knapp and Ross C Hartley. View Insider Buying and Selling for NIC.

Who bought NIC stock? Who is buying NIC stock?

NIC's stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Copeland Capital Management LLC, FMR LLC, Vanguard Group Inc., Columbia Wanger Asset Management LLC, Citadel Advisors LLC, Bank of New York Mellon Corp and Russell Investments Group Ltd.. View Insider Buying and Selling for NIC.

How do I buy NIC stock?

Shares of NIC can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of NIC stock cost?

One share of NIC stock can currently be purchased for approximately $20.75.

Analyst Ratings

Consensus Ratings for NIC (NASDAQ:EGOV) (?)
Ratings Breakdown: 1 Sell Rating, 4 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $22.80 (9.88% upside)

Analysts' Ratings History for NIC (NASDAQ:EGOV)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
2/14/2017Loop CapitalInitiated CoverageHold$22.00N/AView Rating Details
2/3/2017SidotiUpgradeNeutral -> Buy$28.00N/AView Rating Details
2/2/2017Avondale PartnersDowngradeMarket Perform -> Underperform$18.00N/AView Rating Details
1/3/2017Barrington ResearchDowngradeOutperform -> Market PerformN/AView Rating Details
11/18/2016Imperial CapitalBoost Price TargetIn -> In-Line$21.00 -> $23.00N/AView Rating Details
8/5/2016Maxim GroupBoost Price TargetHold$18.00 -> $23.00N/AView Rating Details
8/17/2015StephensDowngradeOverweight -> Equal Weight$21.00N/AView Rating Details
(Data available from 5/26/2015 forward)

Earnings

Earnings History for NIC (NASDAQ:EGOV)
Earnings by Quarter for NIC (NASDAQ:EGOV)
Earnings History by Quarter for NIC (NASDAQ:EGOV)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/3/2017        
5/1/2017Q1 2017$0.18$0.21$81.99 million$83.20 millionViewListenView Earnings Details
2/1/2017Q416$0.15$0.20$76.41 million$78.30 millionViewListenView Earnings Details
11/3/2016Q316$0.18$0.24$80.04 million$80.37 millionViewN/AView Earnings Details
8/4/2016Q216$0.18$0.20$80.90 million$80.81 millionViewN/AView Earnings Details
5/2/2016Q116$0.15$0.19$74.89 million$78.39 millionViewN/AView Earnings Details
2/4/2016Q415$0.14$0.13$71.75 million$71.16 millionViewN/AView Earnings Details
11/5/2015Q315$0.17$0.19$74.76 million$75.05 millionViewN/AView Earnings Details
8/6/2015Q215$0.16$0.17$76.18 million$75.80 millionViewN/AView Earnings Details
5/4/2015Q115$0.15$0.14$70.70 million$70.40 millionViewN/AView Earnings Details
2/5/2015Q414$0.13$0.12$66.70 million$66.00 millionViewN/AView Earnings Details
11/6/2014Q314$0.15$0.16$67.70 million$69.40 millionViewN/AView Earnings Details
8/7/2014Q214$0.15$0.17$68.62 million$71.20 millionViewN/AView Earnings Details
5/5/2014Q114$0.14$0.14$66.08 million$65.40 millionViewN/AView Earnings Details
2/6/2014Q413$0.12$0.11$62.67 million$60.80 millionViewN/AView Earnings Details
11/7/2013Q313$0.11$0.08$61.45 million$61.30 millionViewN/AView Earnings Details
8/1/2013Q2 2013$0.11$0.16$60.55 million$65.90 millionViewN/AView Earnings Details
5/6/2013Q1 2013$0.11$0.15$57.68 million$61.20 millionViewN/AView Earnings Details
2/7/2013Q4 2012$0.10$0.13$52.86 million$57.20 millionViewN/AView Earnings Details
11/8/2012Q312$0.10$0.09$53.72 million$53.20 millionViewN/AView Earnings Details
8/2/2012$0.09$0.09ViewN/AView Earnings Details
4/30/2012$0.09$0.09ViewN/AView Earnings Details
2/2/2012$0.09$0.08ViewN/AView Earnings Details
11/3/2011$0.09$0.11ViewN/AView Earnings Details
8/2/2011$0.08$0.09ViewN/AView Earnings Details
5/2/2011$0.07$0.08ViewN/AView Earnings Details
2/3/2011$0.06$0.08ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for NIC (NASDAQ:EGOV)
2017 EPS Consensus Estimate: $0.70
2018 EPS Consensus Estimate: $0.78
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.19$0.19$0.19
Q2 20172$0.18$0.18$0.18
Q3 20172$0.18$0.19$0.19
Q4 20172$0.14$0.15$0.15
Q1 20182$0.20$0.22$0.21
Q2 20182$0.19$0.21$0.20
Q3 20182$0.20$0.21$0.21
Q4 20182$0.16$0.17$0.17
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for NIC (NASDAQ:EGOV)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/4/2017quarterly$0.081.53%6/2/20176/6/20176/20/2017
2/2/2017quarterly$0.081.46%3/3/20173/7/20173/21/2017
11/4/2016special$0.6511/14/201611/16/201612/9/2016
11/5/2015special$0.5511/10/201511/13/20151/4/2016
10/28/2014special$0.5011/5/201411/7/201411/20/2014
10/29/2013special$0.3511/6/201311/8/20131/2/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for NIC (NASDAQ:EGOV)
Insider Ownership Percentage: 4.80%
Institutional Ownership Percentage: 85.83%
Insider Trades by Quarter for NIC (NASDAQ:EGOV)
Institutional Ownership by Quarter for NIC (NASDAQ:EGOV)
Insider Trades by Quarter for NIC (NASDAQ:EGOV)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/22/2017Robert W KnappCOOSell25,000$20.38$509,500.00View SEC Filing  
3/22/2017Alexander C KemperDirectorSell7,000$20.85$145,950.00View SEC Filing  
1/9/2017Ross C HartleyDirectorSell69,800$24.21$1,689,858.00View SEC Filing  
1/5/2017Ross C HartleyDirectorSell85,174$24.41$2,079,097.34View SEC Filing  
1/4/2017Ross C HartleyDirectorSell95,026$24.13$2,292,977.38View SEC Filing  
12/12/2016Ross C HartleyDirectorSell240,458$25.19$6,057,137.02View SEC Filing  
8/11/2016Jayne HollandInsiderSell2,000$23.35$46,700.00View SEC Filing  
2/9/2016William M LyonsDirectorBuy2,000$16.65$33,300.00View SEC Filing  
12/4/2015Harry HeringtonCEOSell30,224$20.58$622,009.92View SEC Filing  
12/1/2015Harry HeringtonCEOSell65,883$20.51$1,351,260.33View SEC Filing  
11/27/2015Harry HeringtonCEOSell34,243$20.29$694,790.47View SEC Filing  
11/24/2015Harry HeringtonCEOSell73,865$19.98$1,475,822.70View SEC Filing  
11/19/2015Harry HeringtonCEOSell46,310$19.77$915,548.70View SEC Filing  
11/17/2015Harry HeringtonCEOSell49,475$19.65$972,183.75View SEC Filing  
11/11/2015Robert W KnappCOOSell20,000$20.00$400,000.00View SEC Filing  
8/28/2015Peter B WilsonDirectorSell33,040$18.74$619,169.60View SEC Filing  
8/24/2015William F. Bradley, Jr.CAOSell40,000$18.67$746,800.00View SEC Filing  
8/20/2015William F. Bradley, Jr.CAOSell40,000$19.22$768,800.00View SEC Filing  
8/18/2015William F Bradley JrCAOSell40,000$19.75$790,000.00View SEC Filing  
8/14/2015William F Bradley JrCAOSell40,000$19.93$797,200.00View SEC Filing  
3/13/2015William F Bradley JrCAOSell8,450$17.10$144,495.00View SEC Filing  
3/12/2015William F Bradley JrCAOSell40,000$17.17$686,800.00View SEC Filing  
3/9/2015William F Bradley JrCAOSell31,550$17.52$552,756.00View SEC Filing  
3/5/2015William F Bradley JrCAOSell40,000$17.58$703,200.00View SEC Filing  
3/3/2015William F Bradley JrCAOSell40,000$17.60$704,000.00View SEC Filing  
2/27/2015William F Bradley JrCAOSell40,000$17.75$710,000.00View SEC Filing  
12/26/2014Aimi DaughteryCAOSell20,000$18.75$375,000.00View SEC Filing  
12/18/2014Alexander C KemperDirectorSell11,000$18.00$198,000.00View SEC Filing  
8/15/2014Stephen M KovzanCFOSell75,000$18.87$1,415,250.00View SEC Filing  
8/12/2014Robert W KnappCOOSell15,000$18.79$281,850.00View SEC Filing  
11/8/2013William Bradley, Jr.CAOSell46,250$22.77$1,053,112.50View SEC Filing  
11/6/2013William Bradley, Jr.CAOSell17,500$23.10$404,250.00View SEC Filing  
8/12/2013Ross HartleyDirectorSell55,145$22.88$1,261,717.60View SEC Filing  
8/9/2013Ron ThornburghSVPSell2,500$22.91$57,275.00View SEC Filing  
8/9/2013Ross HartleyDirectorSell286,097$22.91$6,554,482.27View SEC Filing  
8/7/2013Ross HartleyDirectorSell158,758$23.02$3,654,609.16View SEC Filing  
6/14/2013Robert W KnappCOOSell6,000$16.13$96,780.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for NIC (NASDAQ:EGOV)
Latest Headlines for NIC (NASDAQ:EGOV)
Source:
DateHeadline
finance.yahoo.com logoNebraska Department of Natural Resources Launches an Efficient and Eye-Catching New Website
finance.yahoo.com - May 24 at 12:22 PM
finance.yahoo.com logoNew Jersey DEP Wins Multiple Awards for Mobile App That Lets Public Report Nonemergency Environmental Incidents
finance.yahoo.com - May 24 at 12:22 PM
finance.yahoo.com logoElectronic Property Tax Payments Now Offered in 56 Arkansas Counties
finance.yahoo.com - May 24 at 12:22 PM
americanbankingnews.com logoNIC Inc. (EGOV) COO Robert W. Knapp Sells 25,000 Shares
www.americanbankingnews.com - May 23 at 7:47 PM
finance.yahoo.com logoNebraska State Portal Continues to Win Awards, Adding Two Communicator Awards
finance.yahoo.com - May 23 at 12:16 PM
finance.yahoo.com logoApplication for West Virginia State Bar Membership Photo ID Card Now Available Online
finance.yahoo.com - May 23 at 12:16 PM
finance.yahoo.com logoArkansas Personal Property Assessment Deadline is Wednesday, May 31
finance.yahoo.com - May 22 at 4:40 PM
finance.yahoo.com logoETFs with exposure to NIC, Inc. : May 19, 2017
finance.yahoo.com - May 19 at 4:43 PM
finance.yahoo.com logoNIC, Inc. :EGOV-US: Earnings Analysis: Q1, 2017 By the Numbers : May 18, 2017
finance.yahoo.com - May 18 at 10:29 AM
finance.yahoo.com logoNIC, Inc. breached its 50 day moving average in a Bullish Manner : EGOV-US : May 16, 2017
finance.yahoo.com - May 16 at 12:40 PM
feeds.benzinga.com logoU-Vend, Inc. Reports First Quarter 2017 Financial Results
feeds.benzinga.com - May 16 at 11:02 AM
finance.yahoo.com logo2017 CFOs of the Year help companies thrive
finance.yahoo.com - May 15 at 11:44 AM
finance.yahoo.com logoWest Virginia Sexual Assault Evidence Collection Kit Information System Places in Top 8 at Prestigious ACT-IAC Innovation Awards
finance.yahoo.com - May 12 at 5:24 PM
feeds.benzinga.com logoINGENICO GROUP: Combined Annual Shareholders' Meeting - Voting results
feeds.benzinga.com - May 10 at 12:35 PM
americanbankingnews.com logoZacks: Brokerages Anticipate NIC Inc. (EGOV) Will Announce Earnings of $0.18 Per Share
www.americanbankingnews.com - May 10 at 8:36 AM
finance.yahoo.com logoNebraska.gov Wins an American Marketing Association Merit Award
finance.yahoo.com - May 9 at 4:53 PM
finance.yahoo.com logoKentucky Governor’s Scholars Program Redesigns Website
finance.yahoo.com - May 9 at 4:53 PM
finance.yahoo.com logoState of Nebraska Wins State Scoop IT Innovation Award
finance.yahoo.com - May 5 at 5:05 PM
finance.yahoo.com logoNIC Inc. Honored as Bronze Stevie® Award Winner for “YourPassNow” in the App & Mobile Website Category of the 2017 American Business Awards℠
finance.yahoo.com - May 5 at 5:05 PM
americanbankingnews.com logoNIC Inc. (EGOV) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - May 4 at 9:48 PM
americanbankingnews.com logoNIC Inc. (EGOV) to Issue Quarterly Dividend of $0.08
www.americanbankingnews.com - May 4 at 9:02 PM
finance.yahoo.com logoNIC, Inc. breached its 50 day moving average in a Bearish Manner : EGOV-US : May 4, 2017
finance.yahoo.com - May 4 at 10:44 AM
americanbankingnews.com logoNIC Inc. Expected to Post Q2 2017 Earnings of $0.18 Per Share (EGOV)
www.americanbankingnews.com - May 4 at 8:32 AM
finance.yahoo.com logoNIC’s Board of Directors Declares Quarterly Dividend
finance.yahoo.com - May 3 at 4:48 PM
finance.yahoo.com logoEdited Transcript of EGOV earnings conference call or presentation 1-May-17 8:30pm GMT
finance.yahoo.com - May 2 at 7:16 PM
finance.yahoo.com logoIncreased Volumes Drive NIC Inc.'s First-Quarter Revenue Higher
finance.yahoo.com - May 2 at 7:16 PM
americanbankingnews.com logoNIC Inc. (EGOV) Releases Earnings Results, Beats Estimates By $0.03 EPS
www.americanbankingnews.com - May 2 at 12:32 PM
marketbeat.com logoNIC tops Street 1Q forecasts
marketbeat.com - May 1 at 4:13 PM
americanbankingnews.com logoNIC Inc. (EGOV) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - May 1 at 2:24 PM
americanbankingnews.com logoNIC (EGOV) Getting Somewhat Favorable Media Coverage, Analysis Finds
www.americanbankingnews.com - April 29 at 6:11 PM
americanbankingnews.com logoNIC Inc. (EGOV) to Release Quarterly Earnings on Monday
www.americanbankingnews.com - April 29 at 10:34 AM
americanbankingnews.com logoSomewhat Favorable News Coverage Very Likely to Affect NIC (EGOV) Stock Price
www.americanbankingnews.com - April 26 at 10:36 PM
americanbankingnews.com logoNIC (EGOV) Getting Somewhat Favorable Press Coverage, Analysis Finds
www.americanbankingnews.com - April 23 at 9:38 PM
americanbankingnews.com logoNIC Inc. (EGOV) Expected to Post Quarterly Sales of $82.01 Million
www.americanbankingnews.com - April 21 at 2:42 PM
americanbankingnews.com logo$0.19 EPS Expected for NIC Inc. (EGOV) This Quarter
www.americanbankingnews.com - April 19 at 2:29 PM
finance.yahoo.com logoNIC Partners with Sequoia and Kings Canyon National Parks to Offer Digital Park Entrance Passes
finance.yahoo.com - April 19 at 12:20 PM
americanbankingnews.com logoNIC (EGOV) Earning Somewhat Favorable Press Coverage, Study Shows
www.americanbankingnews.com - April 17 at 10:17 PM
finance.yahoo.com logoOnline Registration Now Available for Mississippi Education and Technology Innovation Symposium (METIS)
finance.yahoo.com - April 17 at 11:43 AM
finance.yahoo.com logoMaryland.gov Honored with Two Prestigious International Awards
finance.yahoo.com - April 17 at 11:43 AM
americanbankingnews.com logoNIC (EGOV) Getting Somewhat Favorable News Coverage, Study Shows
www.americanbankingnews.com - April 14 at 4:22 PM
americanbankingnews.com logoNIC Inc. (EGOV) Short Interest Update
www.americanbankingnews.com - April 13 at 9:30 AM
feeds.benzinga.com logoINGENICO GROUP: INVITATION TO OUR FIRST QUARTER REVENUE CONFERENCE CALL
feeds.benzinga.com - April 12 at 1:37 PM
finance.yahoo.com logoNIC to Host Annual Stockholder Meeting on May 2
finance.yahoo.com - April 10 at 11:46 AM
finance.yahoo.com logoNIC to Announce First Quarter 2017 Results on May 1
finance.yahoo.com - April 10 at 11:46 AM
feeds.benzinga.com logoNANOBIOTIX : Nanobiotix expands its clinical development in Head and Neck cancer and Immuno-Oncology ; new clinical data to be presented at ASCO
feeds.benzinga.com - April 4 at 3:34 AM
feeds.benzinga.com logo8 Things We Like About The New Samsung Galaxy S8
feeds.benzinga.com - March 31 at 3:58 PM
feeds.benzinga.com logoUnpacking Samsung's UNPACKED Event: The Unveiling Of The New Galaxy S8
feeds.benzinga.com - March 28 at 3:03 PM
americanbankingnews.com logoNIC Inc. (EGOV) Director Sells $145,950.00 in Stock
www.americanbankingnews.com - March 23 at 7:55 PM
finance.yahoo.com logoMaine Board of Nursing Unveils Sleek Website Design
finance.yahoo.com - March 22 at 8:13 AM
finance.yahoo.com logoNIC Inc. Wins Bronze Stevie® Award for “YourPassNow” Contact Center of the Year
finance.yahoo.com - March 20 at 7:41 PM

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NIC (EGOV) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by MarketBeat.com Staff