Log in

NASDAQ:EGOV - NIC Stock Price, Forecast & News

$22.67
+0.10 (+0.44 %)
(As of 12/6/2019 04:00 PM ET)
Today's Range
$22.55
Now: $22.67
$22.93
50-Day Range
$20.25
MA: $22.20
$23.91
52-Week Range
$11.76
Now: $22.67
$24.38
Volume199,683 shs
Average Volume381,284 shs
Market Capitalization$1.52 billion
P/E Ratio25.76
Dividend Yield1.42%
Beta0.87
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. Read More…

Industry, Sector and Symbol

Industry Management consulting services
Sub-IndustryInternet Software & Services
SectorComputer and Technology
Current SymbolNASDAQ:EGOV
CUSIP62914B10
Phone877-234-3468

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$344.90 million
Cash Flow$1.02 per share
Book Value$3.18 per share

Profitability

Net Income$58.27 million

Miscellaneous

Employees920
Market Cap$1.52 billion
Next Earnings Date1/29/2020 (Estimated)
OptionableOptionable

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.


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 Monday, October 28th. Investors of record on Wednesday, December 4th will be given a dividend of $0.08 per share on Wednesday, December 18th. This represents a $0.32 annualized dividend and a yield of 1.41%. The ex-dividend date is Tuesday, December 3rd. View NIC's Dividend History.

How will NIC's stock buyback program work?

NIC declared that its Board of Directors has approved a stock repurchase plan on Friday, March 9th 2018, which allows the company to repurchase $25,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company's management believes its shares are undervalued.

How were NIC's earnings last quarter?

NIC Inc. (NASDAQ:EGOV) issued its earnings results on Wednesday, October, 30th. The software maker reported $0.21 EPS for the quarter, beating the Zacks' consensus estimate of $0.18 by $0.03. The software maker had revenue of $90.39 million for the quarter, compared to analyst estimates of $88.49 million. NIC had a net margin of 14.55% and a return on equity of 22.91%. The firm's quarterly revenue was up 3.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.24 EPS. View NIC's Earnings History.

When is NIC's next earnings date?

NIC is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for NIC.

What price target have analysts set for EGOV?

3 equities research analysts have issued 1 year target prices for NIC's shares. Their forecasts range from $16.00 to $26.00. On average, they anticipate NIC's stock price to reach $21.33 in the next year. This suggests that the stock has a possible downside of 5.9%. View Analyst Price Targets for NIC.

What is the consensus analysts' recommendation for NIC?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NIC in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for NIC.

Has NIC been receiving favorable news coverage?

News stories about EGOV stock have trended very positive on Saturday, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. NIC earned a media sentiment score of 3.6 on InfoTrie's scale. They also gave news articles about the software maker a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for NIC.

Are investors shorting NIC?

NIC saw a decrease in short interest in November. As of November 15th, there was short interest totalling 1,210,000 shares, a decrease of 7.6% from the October 31st total of 1,310,000 shares. Based on an average trading volume of 354,000 shares, the days-to-cover ratio is presently 3.4 days. Currently, 1.9% of the shares of the company are sold short. View NIC's Current Options Chain.

Who are some of NIC's key competitors?

What other stocks do shareholders of NIC own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NIC investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Athabasca Oil (ATH), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), ALJ Regional (ALJJ), Precision Drilling (PD), Gran Tierra Energy (GTE) and Transocean (RIG).

Who are NIC's key executives?

NIC's management team includes the folowing people:
  • Mr. Harry H. Herington, Chairman & CEO (Age 59)
  • Mr. Stephen M. Kovzan, Chief Financial Officer (Age 50)
  • Mr. William A. Van Asselt, Gen. Counsel & Sec. (Age 44)
  • Ms. Jayne Friedland Holland, Chief Security Officer (Age 55)
  • Ms. Angela Davied, VP of Corp. Communications

Who are NIC's major shareholders?

NIC's stock is owned by a number of of institutional and retail investors. Top institutional investors include State Street Corp (3.02%), Boston Trust Walden Corp (1.74%), Man Group plc (0.85%), Columbus Circle Investors (0.69%), Weybosset Research & Management LLC (0.55%) and Mondrian Investment Partners LTD (0.32%). Company insiders that own NIC stock include Stephen M Kovzan and William M Lyons. View Institutional Ownership Trends for NIC.

Which major investors are selling NIC stock?

EGOV stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, Russell Investments Group Ltd., Millennium Management LLC, Mondrian Investment Partners LTD, Public Employees Retirement System of Ohio, Systematic Financial Management LP, Barclays PLC and Bridge City Capital LLC. Company insiders that have sold NIC company stock in the last year include Stephen M Kovzan and William M Lyons. View Insider Buying and Selling for NIC.

Which major investors are buying NIC stock?

EGOV stock was acquired by a variety of institutional investors in the last quarter, including Columbus Circle Investors, State of New Jersey Common Pension Fund D, Squarepoint Ops LLC, Essex Investment Management Co. LLC, SG Americas Securities LLC, Strs Ohio, California Public Employees Retirement System and Man Group plc. 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, Robinhood, Fidelity and Charles Schwab.

What is NIC's stock price today?

One share of EGOV stock can currently be purchased for approximately $22.67.

How big of a company is NIC?

NIC has a market capitalization of $1.52 billion and generates $344.90 million in revenue each year. The software maker earns $58.27 million in net income (profit) each year or $0.88 on an earnings per share basis. NIC employs 920 workers across the globe.View Additional Information About NIC.

What is NIC's official website?

The official website for NIC is http://www.egov.com/.

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:  2.1 out of 5 (star star)
Outperform Votes:  333 (Vote Outperform)
Underperform Votes:  456 (Vote Underperform)
Total Votes:  789
MarketBeat'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 12/7/2019 by MarketBeat.com Staff

Featured Article: Call Option

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel