NASDAQ:EGOV - NIC Stock Price, Price Target & More Sign in or create an account to add this stock to your watchlist. Get Started $16.05 -0.30 (-1.83 %) (As of 07/17/2018 04:01 AM ET)Previous Close$16.35Today's Range$16.00 - $16.3552-Week Range$12.65 - $19.73Volume408,200 shsAverage Volume628,093 shsMarket Capitalization$1.09 billionP/E Ratio20.87Dividend Yield1.93%Beta0.53 Company ProfileFinancialsAnalyst RatingsDividend HistoryEarnings HistoryInsider TradesHeadlinesOptions ChainSEC FilingsSocial MediaChart Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email NIC Inc., together with its subsidiaries, provides digital government services that enable governments to use technology to provide various services to businesses and citizens in the United States. The company's outsourced portal business enters into long-term contracts with state and local governments to design, build, and operate Internet-based and enterprise-wide portals on their behalf. Its portals consist of Websites and applications that enable 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. The company's portal service offerings include motor vehicle driver history record retrieval; vehicle title, lien, and registration; motor vehicle inspections; temporary vehicle tags; driver's license renewal; hunting and fishing licenses; health professional license services; professional license renewal; business registrations and renewals; secretary of state business searches; Uniform Commercial Code (UCC) searches and filings; limited criminal history searches; court services; vital records; income and property tax payments; and payment processing products and services. Its software & services business provides software development and payment processing services to state and local governments, as well as federal agencies. In addition, the company develops and manages the pre-employment screening program for motor carriers using transaction-based business model. Further, it offers consulting, application development, and portal management services to governments. NIC Inc. was founded in 1991 and is based in Olathe, Kansas. Receive EGOV News and Ratings via Email Sign-up to receive the latest news and ratings for EGOV and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NASDAQ Industry Management consulting services Sub-IndustryInternet Software & Services SectorComputer and Technology SymbolNASDAQ:EGOV CUSIP62914B10 Webwww.egov.com Phone877-234-3468 Debt Debt-to-Equity RatioN/A Current Ratio2.84 Quick Ratio2.84 Price-To-Earnings Trailing P/E Ratio20.87 Forward P/E Ratio20.84 P/E Growth2.13 Sales & Book Value Annual Sales$336.51 million Price / Sales3.17 Cash Flow$0.8713 per share Price / Cash18.42 Book Value$2.54 per share Price / Book6.32 Profitability EPS (Most Recent Fiscal Year)$0.77 Net Income$51.61 million Net Margins15.63% Return on Equity32.69% Return on Assets19.89% Miscellaneous Employees950 Outstanding Shares66,510,000Market Cap$1,087.50 NIC (NASDAQ:EGOV) Frequently Asked Questions 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 Tuesday, May 8th. Shareholders of record on Tuesday, June 5th will be paid a dividend of $0.08 per share on Tuesday, June 19th. This represents a $0.32 dividend on an annualized basis and a yield of 1.99%. The ex-dividend date of this dividend is Monday, June 4th. View NIC's Dividend History. How will NIC's stock buyback program work? NIC declared that its board has approved a stock buyback plan on Friday, March 9th 2018, which authorizes the company to repurchase $25,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board believes its stock is undervalued. How were NIC's earnings last quarter? NIC Inc. (NASDAQ:EGOV) announced its quarterly earnings data on Monday, April, 30th. The software maker reported $0.23 earnings per share for the quarter, beating analysts' consensus estimates of $0.22 by $0.01. The software maker earned $86.73 million during the quarter, compared to the consensus estimate of $87.51 million. NIC had a return on equity of 32.69% and a net margin of 15.63%. The company's revenue for the quarter was up 4.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.21 earnings per share. View NIC's Earnings History. When is NIC's next earnings date? NIC is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for NIC. What price target have analysts set for EGOV? 6 brokers have issued 1-year target prices for NIC's stock. Their predictions range from $14.00 to $23.00. On average, they anticipate NIC's share price to reach $18.00 in the next twelve months. This suggests a possible upside of 12.1% from the stock's current price. View Analyst Ratings for NIC. What is the consensus analysts' recommendation for NIC? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NIC in the last year. There are currently 5 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." What are Wall Street analysts saying about NIC stock? Here are some recent quotes from research analysts about NIC stock: 1. According to Zacks Investment Research, "NIC Inc. provides digital government services that enable governments to use technology to provide various services to businesses. Its Outsourced Portals business 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 enable businesses and citizens to access government information online and complete transactions, such as applying for a permit, retrieving government records, or filing a government-mandated form or report. Its portal service offerings include motor vehicle driver history record retrieval; hunting/ fishing licenses; health professional license services; professional license renewal; business registrations and renewals; secretary of state business searches; Uniform Commercial Code searches and filings; limited criminal history searches; court services; vital records; income and property tax payments; and payment processing products and services. " (5/9/2018) 2. Barrington Research analysts commented, "We expect share gains in 2018 as solid growth in the financial services, technology and retail verticals more than offset continued weakness in communications. The weakness in communications is due to several factors, including a maturing end market, greater use of mobile self‐help apps and less pricing changes to mobile plans. Further, the differentiation and value provided by Clearlink (CL) should help Sykes add new brands. Importantly, Sykes can cross‐sell its contact center services to (new and existing) CL clients." (3/9/2018) Who are some of NIC's key competitors? Some companies that are related to NIC include FTI Consulting (FCN), Exponent (EXPO), RMR Group (RMR), ICF International (ICFI), Navigant Consulting (NCI), Huron Consulting Group (HURN), The Hackett Group (HCKT), Blackrock Capital Investment (BKCC), China Internet Nationwide Fncl Srvcs (CIFS), AVALON GLOBOCAR/SH SH (AVCO), Information Services Group, Inc. Common Stock (III), Wilhelmina International (WHLM), Lightbridge (LTBR), Pharma Bio Serv (PBSV) and TSS (TSSI). Who are NIC's key executives? NIC's management team includes the folowing people: Mr. Harry H. Herington, Chairman & CEO (Age 58)Mr. Stephen M. Kovzan, Chief Financial Officer (Age 49)Mr. Robert W. Knapp Jr., Chief Operating Officer (Age 49)Mr. William A. Van Asselt, Gen. Counsel & Sec. (Age 43)Ms. Jayne Friedland Holland, Chief Security Officer (Age 54) Has NIC been receiving favorable news coverage? News headlines about EGOV stock have trended somewhat positive this week, Accern reports. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. NIC earned a daily sentiment score of 0.12 on Accern's scale. They also assigned press coverage about the software maker an impact score of 45.39 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term. Who are NIC's major shareholders? NIC's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Campbell & CO Investment Adviser LLC (0.05%). Company insiders that own NIC stock include Alexander C Kemper, Jayne Holland, Robert W Knapp and Ross C Hartley. View Institutional Ownership Trends for NIC. Which institutional investors are buying NIC stock? EGOV stock was acquired by a variety of institutional investors in the last quarter, including Campbell & CO Investment Adviser LLC. View Insider Buying and Selling for NIC. How do I buy shares of NIC? Shares of EGOV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is NIC's stock price today? One share of EGOV stock can currently be purchased for approximately $16.05. How big of a company is NIC? NIC has a market capitalization of $1.09 billion and generates $336.51 million in revenue each year. The software maker earns $51.61 million in net income (profit) each year or $0.77 on an earnings per share basis. NIC employs 950 workers across the globe. How can I contact NIC? NIC's mailing address is 25501 West Valley Parkway Suite 300, Olathe KS, 66061. The software maker can be reached via phone at 877-234-3468 or via email at [email protected] MarketBeat Community Rating for NIC (NASDAQ EGOV)Community Ranking: 2.2 out of 5 ( )Outperform Votes: 245 (Vote Outperform)Underperform Votes: 319 (Vote Underperform)Total Votes: 564MarketBeat's community ratings are surveys of what our community members think about NIC and other stocks. Vote "Outperform" if you believe EGOV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EGOV will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 7/17/2018 by MarketBeat.com StaffFeatured Article: Are analyst ratings accurate?