NIC Company Profile (NASDAQ:EGOV)

About NIC

NIC logoNIC Inc. is a provider of digital government services that help governments use technology. The Company operates through Outsourced Portals segment. The Other Software & Services category includes its subsidiaries that provide software development and services, other than outsourced portal services, to state and local governments, as well as federal agencies. The Company offers its services through two channels: primary outsourced portal businesses, and software & services businesses. In its primary outsourced portal businesses, it enters into long-term contracts with state and local governments to design, build, and operate Internet-based, enterprise-wide portals on their behalf. These portals consist of Websites and applications that the Company has built to allow businesses and citizens to access government information online and secure transactions, such as applying for a permit, retrieving government records, or filing a government-mandated form or report.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Application Software
  • Sub-Industry: Internet Software & Services
  • Exchange: NASDAQ
  • Symbol: EGOV
  • CUSIP: 62914B10
Key Metrics:
  • Previous Close: $21.80
  • 50 Day Moving Average: $23.53
  • 200 Day Moving Average: $23.58
  • 52-Week Range: $16.51 - $25.90
  • Trailing P/E Ratio: 26.19
  • Foreward P/E Ratio: 28.57
  • P/E Growth: 1.22
  • Market Cap: $1.45B
  • Outstanding Shares: 65,982,000
  • Beta: 0.61
Profitability:
  • Net Margins: 17.56%
  • Return on Equity: 39.21%
  • Return on Assets: 23.52%
Debt:
  • Current Ratio: 2.25%
  • Quick Ratio: 2.62%
Additional Links:
Companies Related to NIC:

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 (3.64% upside)

Analysts' Ratings History for NIC (NASDAQ:EGOV)
Show:
DateFirmActionRatingPrice TargetDetails
2/14/2017Loop CapitalInitiated CoverageHold$22.00View Rating Details
2/3/2017SidotiUpgradeNeutral -> Buy$28.00View Rating Details
2/2/2017Avondale PartnersDowngradeMarket Perform -> Underperform$18.00View Rating Details
1/3/2017Barrington ResearchDowngradeOutperform -> Market PerformView Rating Details
11/18/2016Imperial CapitalBoost Price TargetIn -> In-Line$21.00 -> $23.00View Rating Details
8/5/2016Maxim GroupBoost Price TargetHold$18.00 -> $23.00View Rating Details
8/17/2015StephensDowngradeOverweight -> Equal Weight$21.00View Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for NIC (NASDAQ:EGOV)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/1/2017        
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$0.14$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)
Current Year EPS Consensus Estimate: $0.71 EPS
Next Year EPS Consensus Estimate: $0.77 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.15$0.15$0.15
Q2 20163$0.17$0.18$0.18
Q3 20163$0.17$0.19$0.18
Q4 20163$0.14$0.16$0.15
Q1 20172$0.19$0.19$0.19
Q2 20172$0.18$0.19$0.19
Q3 20172$0.18$0.19$0.19
Q4 20172$0.15$0.15$0.15
Q1 20182$0.20$0.21$0.21
Q2 20182$0.19$0.21$0.20
Q3 20182$0.20$0.22$0.21
Q4 20182$0.16$0.17$0.17
(Data provided by Zacks Investment Research)

Dividends

Dividend History for NIC (NASDAQ:EGOV)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 History for NIC (NASDAQ:EGOV)
Insider Ownership Percentage: 4.80%
Institutional Ownership Percentage: 85.83%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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

Latest Headlines for NIC (NASDAQ:EGOV)
DateHeadline
feeds.benzinga.com logoTECHNICOLOR: FULL YEAR 2016 RESULTS (NASDAQ:EGOV)
feeds.benzinga.com - February 22 at 1:07 PM
News IconScenic Area launches smartphone day use passes (NASDAQ:EGOV)
www.hoodrivernews.com - February 18 at 10:14 AM
seekingalpha.com logoNICE-Systems beats by $0.01, beats on revenue (NASDAQ:EGOV)
seekingalpha.com - February 16 at 5:36 AM
feeds.benzinga.com logoTECHNICOLOR: TECHNICOLOR FILES PATENT INFRINGEMENT LITIGATION AGAINST SAMSUNG (NASDAQ:EGOV)
feeds.benzinga.com - February 15 at 12:43 PM
finance.yahoo.com logoNIC Federal and Columbia River Gorge National Scenic Area Launch Digital Passes (NASDAQ:EGOV)
finance.yahoo.com - February 14 at 5:50 PM
feeds.benzinga.com logoREXEL : CAPITAL MARKETS DAY (NASDAQ:EGOV)
feeds.benzinga.com - February 13 at 2:45 AM
finance.yahoo.com logoMaine Department of Public Safety Launches Online Inspection Stickers Order Form (NASDAQ:EGOV)
finance.yahoo.com - February 10 at 5:24 PM
feeds.benzinga.com logoUNICEF's Claudia Gonzalez Romo appointed chairman of Hispanicize CMO Summit; organizers select The Epic Hotel (NASDAQ:EGOV)
feeds.benzinga.com - February 10 at 9:34 AM
finance.yahoo.com logoMaryland.gov Earns Gold AVA Digital Award (NASDAQ:EGOV)
finance.yahoo.com - February 8 at 5:25 PM
finance.yahoo.com logoTexas.gov Continued Award-Winning Streak in 2016 (NASDAQ:EGOV)
finance.yahoo.com - February 7 at 6:04 PM
capitalcube.com logoNIC, Inc. :EGOV-US: Earnings Analysis: Q4, 2016 By the Numbers : February 7, 2017 (NASDAQ:EGOV)
www.capitalcube.com - February 7 at 6:04 PM
feeds.benzinga.com logoINGENICO GROUP: Q4 Revenue & FY Results 2016 Conference Call Invitation (NASDAQ:EGOV)
feeds.benzinga.com - February 6 at 9:08 AM
finance.yahoo.com logoStafford County, Virginia’s myStafford Customer Portal Receives Bright Idea Designation from the Harvard Ash Center (NASDAQ:EGOV)
finance.yahoo.com - February 6 at 8:51 AM
finance.yahoo.com logoDEP Wins International Award for Mobile App That Lets Public Report Nonemergency Environmental Incidents (NASDAQ:EGOV)
finance.yahoo.com - February 6 at 8:51 AM
News IconBrokers Issue New Targets On NIC Inc. (NASDAQ:EGOV) (NASDAQ:EGOV)
xboxonezone.com - February 3 at 10:19 PM
finance.yahoo.com logoFederal Motor Carrier Safety Administration Pre-Employment Screening Program Named Semifinalist in Harvard’s 2017 Innovations in American Government Awards Competition (NASDAQ:EGOV)
finance.yahoo.com - February 3 at 5:18 PM
finance.yahoo.com logoNIC Inc downgraded by Avondale (NASDAQ:EGOV)
finance.yahoo.com - February 2 at 5:24 PM
capitalcube.com logoNIC, Inc. :EGOV-US: Earnings Analysis: 2016 By the Numbers : February 2, 2017 (NASDAQ:EGOV)
www.capitalcube.com - February 2 at 5:24 PM
fool.com logoNIC Inc. Reports Strong Quarterly Results, Disappointing Guidance (NASDAQ:EGOV)
www.fool.com - February 2 at 5:24 PM
fool.com logoHere's Why NIC Inc. Is Plunging Today (NASDAQ:EGOV)
www.fool.com - February 2 at 5:23 PM
us.rd.yahoo.com logo4:03 pm NIC Inc beats by $0.05, beats on revs; guides FY17 EPS below consensus, revs in-line (NASDAQ:EGOV)
us.rd.yahoo.com - February 1 at 10:31 PM
biz.yahoo.com logoQ4 2016 NIC Inc Earnings Release - 4:00 pm ET (NASDAQ:EGOV)
us.rd.yahoo.com - February 1 at 5:28 PM
us.rd.yahoo.com logoNew Jersey Launches New Service to Streamline Business Filings (NASDAQ:EGOV)
us.rd.yahoo.com - February 1 at 5:28 PM
us.rd.yahoo.com logoNIC Earns 20 Cents Per Share in Fourth Quarter 2016 on Total Revenues of $78.3 Million; Exceeds High End of Annual Guidance; Declares First Regular Quarterly Cash Dividend of 8 Cents Per Share (NASDAQ:EGOV)
us.rd.yahoo.com - February 1 at 5:28 PM
sg.finance.yahoo.com logoNIC tops Street 4Q forecasts (NASDAQ:EGOV)
sg.finance.yahoo.com - February 1 at 5:28 PM
feeds.reuters.com logoSiemens shareholders tell CEO to maintain momentum (NASDAQ:EGOV)
feeds.reuters.com - February 1 at 8:03 AM
forbes.com logoUNICEF USAVoice: U.S. Fund For UNICEF CEO Caryl M. Stern Speaks In Support Of Refugee Children (NASDAQ:EGOV)
www.forbes.com - February 1 at 7:25 AM
capitalcube.com logoNIC, Inc. breached its 50 day moving average in a Bearish Manner : EGOV-US : January 31, 2017 (NASDAQ:EGOV)
www.capitalcube.com - January 31 at 5:36 PM
4-traders.com logoNIC : Drew County, Arkansas, Offers Electronic Property Tax Payments (NASDAQ:EGOV)
www.4-traders.com - January 30 at 8:19 PM
News IconNIC Inc. (EGOV)’s Stock Formed A Several Months Bullish Double Top (NASDAQ:EGOV)
randolphguide.com - January 30 at 8:19 PM
feeds.benzinga.com logoINGENICO GROUP: Acquisition of TechProcess, leading Indian online and mobile payments provider (NASDAQ:EGOV)
feeds.benzinga.com - January 30 at 12:58 PM
finance.yahoo.com logoDrew County, Arkansas, Offers Electronic Property Tax Payments (NASDAQ:EGOV)
finance.yahoo.com - January 30 at 12:26 PM
feeds.reuters.com logoBRIEF-WSFS FINANCIAL CORP REPORTS 4Q 2016 EPS OF $0.56 (NASDAQ:EGOV)
feeds.reuters.com - January 26 at 5:43 PM
feeds.reuters.com logoUK's free trade deal with EU difficult to achieve: ECB's Villeroy (NASDAQ:EGOV)
feeds.reuters.com - January 26 at 7:46 AM
finance.yahoo.com logoState of Idaho Launches Redesigned Official Website at Idaho.gov (NASDAQ:EGOV)
finance.yahoo.com - January 25 at 6:09 PM
finance.yahoo.com logoSeagate (STX) Stock Rises on Q2 Earnings & Revenue Beat (NASDAQ:EGOV)
finance.yahoo.com - January 25 at 6:09 PM
News IconCloud on the Rise: Making Cloud Computing Work for Your Agency (Industry Perspective) (NASDAQ:EGOV)
www.govtech.com - January 24 at 10:37 PM
uk.finance.yahoo.com logoUS IG CLOSE-Four issuers raise US$9.05bn in high-grade market (NASDAQ:EGOV)
uk.finance.yahoo.com - January 23 at 5:16 PM
forbes.com logoUNICEF USAVoice: Think Measles Is A Thing Of The Past? Think Again (NASDAQ:EGOV)
www.forbes.com - January 19 at 9:23 PM
us.rd.yahoo.com logoArkansas’s Gov2Go Recognized for Digital Government Transformation (NASDAQ:EGOV)
us.rd.yahoo.com - January 19 at 6:18 PM
4-traders.com logoNIC : Arkansas’s Gov2Go Recognized for Digital Government Transformation (NASDAQ:EGOV)
www.4-traders.com - January 18 at 5:18 PM
forbes.com logoUNICEF USAVoice: How UNICEF Is Putting Data To Work For Kids' Health (NASDAQ:EGOV)
www.forbes.com - January 17 at 11:12 PM
uk.finance.yahoo.com logoSelf-assessment deadline: beat the tax return rush with our cheat sheet (NASDAQ:EGOV)
uk.finance.yahoo.com - January 17 at 3:17 PM
feeds.reuters.com logoBRIEF-KALYTERA THERAPEUTICS ENTERS INTO BINDING LETTER OF INTENT TO ACQUIRE TALENT BIOTECHS (NASDAQ:EGOV)
feeds.reuters.com - January 13 at 2:03 PM
feeds.reuters.com logoBRIEF-ENDEAVOUR CONFIRMS PRELIMINARY DISCUSSIONS HAVE TAKEN PLACE WITH ACACIA MINING (NASDAQ:EGOV)
feeds.reuters.com - January 13 at 2:03 PM
finance.yahoo.com logoRocket Fuel (FUEL) Looks Good: Stock Adds 6.9% in Session (NASDAQ:EGOV)
finance.yahoo.com - January 12 at 5:22 PM
finance.yahoo.com logoUtah.Gov is One of the Country’s Most Honored Websites (NASDAQ:EGOV)
finance.yahoo.com - January 11 at 5:28 PM
marketexclusive.com logoInsider Trading Activity NIC Inc. (NASDAQ:EGOV) – Director Sold 69,800 shares of Stock (NASDAQ:EGOV)
marketexclusive.com - January 11 at 3:53 AM
finance.yahoo.com logoKentucky’s First Lady Derby Poster Contest Opens (NASDAQ:EGOV)
finance.yahoo.com - January 10 at 5:51 PM
finance.yahoo.com logoNIC to Announce Fourth Quarter 2016 Results on February 1 (NASDAQ:EGOV)
finance.yahoo.com - January 9 at 5:43 PM

Social

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, February 2nd. Investors of record on Tuesday, March 7th will be given a dividend of $0.08 per share on Tuesday, March 21st. This represents a $0.32 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date is Friday, March 3rd.

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

6 equities research analysts have issued 12-month price targets for NIC's stock. Their forecasts range from $18.00 to $28.00. On average, they anticipate NIC's stock price to reach $22.80 in the next twelve months.

When will NIC announce their earnings?

NIC is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.

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 (13.26%), Dimensional Fund Advisors LP (3.11%), Champlain Investment Partners LLC (2.35%), Columbia Wanger Asset Management LLC (2.34%), State Street Corp (2.19%) and Federated Investors Inc. PA (1.83%). Company insiders that own NIC stock include 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.

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 Federated Investors Inc. PA, FMR LLC, Columbia Wanger Asset Management LLC, Champlain Investment Partners LLC, AQR Capital Management LLC, Renaissance Technologies LLC, Tudor Investment Corp Et Al and Guggenheim Capital LLC. Company insiders that have sold NIC stock in the last year include Jayne Holland and Ross C Hartley.

Who bought NIC stock? Who is buying NIC stock?

NIC's stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, Numeric Investors LLC, Fred Alger Management Inc., Russell Investments Group Ltd., DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main, Martingale Asset Management L P, Turner Investments LLC and Capstone Investment Advisors LLC.

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 $22.00.

NIC (NASDAQ:EGOV) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for NIC (NASDAQ:EGOV)

Earnings History Chart

Earnings by Quarter for NIC (NASDAQ:EGOV)

Dividend History Chart

Dividend Payments by Quarter for NIC (NASDAQ:EGOV)

Last Updated on 2/23/2017 by MarketBeat.com Staff