NASDAQ:EGOV - NIC Stock Price, News & Analysis

$20.52
+0.47 (+2.34 %)
(As of 08/18/2019 04:00 PM ET)
Today's Range
$20.18
Now: $20.52
$20.54
50-Day Range
$16.00
MA: $18.31
$22.95
52-Week Range
$11.76
Now: $20.52
$23.45
Volume216,000 shs
Average Volume569,917 shs
Market Capitalization$1.37 billion
P/E Ratio23.32
Dividend Yield1.60%
Beta0.99
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$1.0464 per share
Book Value$3.43 per share

Profitability

Net Income$58.27 million

Miscellaneous

Employees920
Market Cap$1.37 billion
Next Earnings Date11/7/2019 (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, July 29th. Stockholders of record on Friday, September 6th will be paid a dividend of $0.08 per share on Friday, September 20th. This represents a $0.32 annualized dividend and a dividend yield of 1.56%. The ex-dividend date of this dividend is Thursday, September 5th. View NIC's Dividend History.

How will NIC's stock buyback program work?

NIC announced that its board has approved a share repurchase program on Friday, March 9th 2018, which allows the company to repurchase $25,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company's leadership believes its shares are undervalued.

How were NIC's earnings last quarter?

NIC Inc. (NASDAQ:EGOV) announced its earnings results on Wednesday, July, 31st. The software maker reported $0.21 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.18 by $0.03. The software maker had revenue of $91.60 million for the quarter, compared to analysts' expectations of $86.45 million. NIC had a return on equity of 24.45% and a net margin of 15.10%. The company's quarterly revenue was down 1.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.25 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 Thursday, November 7th 2019. View Earnings Estimates for NIC.

What guidance has NIC issued on next quarter's earnings?

NIC updated its FY19 earnings guidance on Wednesday, July, 31st. The company provided earnings per share guidance of $0.71-0.73 for the period, compared to the Thomson Reuters consensus estimate of $0.73. The company issued revenue guidance of $347.5-352.5 million, compared to the consensus revenue estimate of $340.97 million.

What price target have analysts set for EGOV?

3 equities research analysts have issued twelve-month price targets for NIC's stock. Their forecasts range from $16.00 to $26.00. On average, they anticipate NIC's stock price to reach $21.00 in the next year. This suggests a possible upside of 2.3% from the stock's current price. 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 3 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 headlines about EGOV stock have trended negative on Sunday, InfoTrie reports. The research group 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 positive five, with scores closest to five being the most favorable. NIC earned a coverage optimism score of -2.3 on InfoTrie's scale. They also gave media coverage 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 decline in short interest in the month of July. As of July 31st, there was short interest totalling 2,507,700 shares, a decline of 6.6% from the June 30th total of 2,686,300 shares. Based on an average daily volume of 403,500 shares, the short-interest ratio is currently 6.2 days. Currently, 4.0% 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 a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.27%), Brown Capital Management LLC (5.82%), Bank of New York Mellon Corp (2.79%), Renaissance Technologies LLC (2.07%), D. E. Shaw & Co. Inc. (1.91%) and BTIM Corp. (1.74%). 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 Freestone Capital Holdings LLC, Brown Capital Management LLC, Man Group plc, Los Angeles Capital Management & Equity Research Inc., D. E. Shaw & Co. Inc., AQR Capital Management LLC, First Trust Advisors LP and Jacobs Levy Equity Management Inc.. View Insider Buying and Selling for NIC.

Which major investors are buying NIC stock?

EGOV stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Renaissance Technologies LLC, APG Asset Management N.V., Morgan Stanley, Dalton Greiner Hartman Maher & Co., Hussman Strategic Advisors Inc., Ontario Teachers Pension Plan Board and Bowling Portfolio Management 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 $20.52.

How big of a company is NIC?

NIC has a market capitalization of $1.37 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:  320 (Vote Outperform)
Underperform Votes:  432 (Vote Underperform)
Total Votes:  752
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 8/18/2019 by MarketBeat.com Staff

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