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NASDAQ:EGOV - NIC Stock Price, Forecast & News

$21.79
-0.06 (-0.27 %)
(As of 12/15/2019 11:45 AM ET)
Today's Range
$21.75
Now: $21.79
$22.09
50-Day Range
$20.25
MA: $22.41
$23.91
52-Week Range
$11.76
Now: $21.79
$24.38
Volume221,383 shs
Average Volume242,303 shs
Market Capitalization$1.46 billion
P/E Ratio24.76
Dividend Yield1.46%
Beta0.86
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$1.46 billion
Next Earnings Date1/29/2020 (Estimated)
OptionableOptionable

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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 paid a dividend of $0.08 per share on Wednesday, December 18th. This represents a $0.32 dividend on an annualized basis and a yield of 1.47%. 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 has approved a stock repurchase program on Friday, March 9th 2018, which permits the company to repurchase $25,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

How were NIC's earnings last quarter?

NIC Inc. (NASDAQ:EGOV) posted its earnings results on Wednesday, October, 30th. The software maker reported $0.21 EPS for the quarter, topping analysts' consensus estimates 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 return on equity of 22.91% and a net margin of 14.55%. The company's revenue for the quarter was up 3.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.24 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, January 29th 2020. View Earnings Estimates for NIC.

What price target have analysts set for EGOV?

3 brokers have issued 12-month target prices for NIC's shares. Their forecasts range from $16.00 to $26.00. On average, they expect NIC's share price to reach $21.33 in the next twelve months. This suggests that the stock has a possible downside of 2.1%. 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?

Media stories about EGOV stock have trended negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. NIC earned a coverage optimism score of -2.7 on InfoTrie's scale. They also gave media coverage about the software maker a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for NIC.

Are investors shorting NIC?

NIC saw a decline in short interest during the month of November. As of November 29th, there was short interest totalling 838,500 shares, a decline of 5.3% from the November 14th total of 885,100 shares. Based on an average trading volume of 327,100 shares, the short-interest ratio is currently 2.6 days. Currently, 1.3% of the shares of the stock 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 many different of retail and institutional 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 institutional 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 institutional investors are buying NIC stock?

EGOV stock was bought 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 $21.79.

How big of a company is NIC?

NIC has a market capitalization of $1.46 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:  334 (Vote Outperform)
Underperform Votes:  459 (Vote Underperform)
Total Votes:  793
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 12/15/2019 by MarketBeat.com Staff

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