S&P 500   3,925.43
DOW   31,961.86
QQQ   324.13
S&P 500   3,925.43
DOW   31,961.86
QQQ   324.13
S&P 500   3,925.43
DOW   31,961.86
QQQ   324.13
S&P 500   3,925.43
DOW   31,961.86
QQQ   324.13
Log in
NASDAQ:EGOV

NIC Stock Forecast, Price & News

$34.59
-0.13 (-0.37 %)
(As of 02/24/2021 12:00 AM ET)
Add
Compare
Today's Range
$34.50
Now: $34.59
$35.02
50-Day Range
$26.88
MA: $29.94
$35.14
52-Week Range
$15.49
Now: $34.59
$35.35
Volume624,947 shs
Average Volume800,946 shs
Market Capitalization$2.32 billion
P/E Ratio38.43
Dividend Yield1.04%
Beta0.27
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. Its portals consist websites and applications that enable businesses and citizens to access government information through online channels, 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, payment processing, and other digital government 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 application development and portal management services to governments. NIC Inc. was founded in 1991 and is based in Olathe, Kansas.
NIC logo

Headlines

NIC Offers Expedited Options for U.S. Passports
February 24, 2021 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry Business services, not elsewhere classified
Sub-IndustryInternet Software & Services
Current SymbolNASDAQ:EGOV
CUSIP62914B10
Phone877-234-3468
Employees1,000
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$354.20 million
Cash Flow$1.23 per share
Book Value$3.67 per share

Profitability

Net Income$50.43 million

Miscellaneous

Market Cap$2.32 billion
Next Earnings Date4/26/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

1.56 out of 5 stars

Computer And Technology Sector

285th out of 1,521 stocks

Business Services, Not Elsewhere Classified Industry

51st out of 192 stocks

Analyst Opinion: 1.1Community Rank: 2.1Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
$34.59
-0.13 (-0.37 %)
(As of 02/24/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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.

speech bubbles
speech bubbles











NIC (NASDAQ:EGOV) Frequently Asked Questions

Is NIC a buy right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NIC in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" NIC stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EGOV, but not buy additional shares or sell existing shares.
View analyst ratings for NIC
or view top-rated stocks.

What stocks does MarketBeat like better than NIC?

Wall Street analysts have given NIC a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but NIC wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting NIC?

NIC saw a increase in short interest in the month of January. As of January 29th, there was short interest totaling 1,300,000 shares, an increase of 30.1% from the January 14th total of 999,400 shares. Based on an average trading volume of 340,200 shares, the short-interest ratio is currently 3.8 days. Approximately 2.0% of the company's stock are sold short.
View NIC's Short Interest
.

When is NIC's next earnings date?

NIC is scheduled to release its next quarterly earnings announcement on Monday, April 26th 2021.
View our earnings forecast for NIC
.

How were NIC's earnings last quarter?

NIC Inc. (NASDAQ:EGOV) issued its quarterly earnings results on Wednesday, February, 10th. The software maker reported $0.26 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.25 by $0.01. The software maker earned $141.20 million during the quarter, compared to the consensus estimate of $120.77 million. NIC had a net margin of 14.94% and a trailing twelve-month return on equity of 23.51%. NIC's revenue was up 62.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.15 earnings per share.
View NIC's earnings history
.

How has NIC's stock been impacted by Coronavirus (COVID-19)?

NIC's stock was trading at $17.09 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, EGOV stock has increased by 102.4% and is now trading at $34.59.
View which stocks have been most impacted by COVID-19
.

How often does NIC pay dividends? What is the dividend yield for NIC?

NIC announced a quarterly dividend on Friday, February 12th. Investors of record on Wednesday, March 3rd will be paid a dividend of $0.09 per share on Wednesday, March 17th. This represents a $0.36 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date is Tuesday, March 2nd.
View NIC's dividend history
.

Is NIC a good dividend stock?

NIC pays an annual dividend of $0.36 per share and currently has a dividend yield of 1.04%. NIC does not yet have a strock track record of dividend growth. The dividend payout ratio of NIC is 46.75%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NIC will have a dividend payout ratio of 34.95% next year. This indicates that NIC will be able to sustain or increase its dividend.
View NIC's dividend history.

What price target have analysts set for EGOV?

5 brokers have issued 1-year price targets for NIC's shares. Their forecasts range from $28.00 to $34.00. On average, they anticipate NIC's share price to reach $30.50 in the next year. This suggests that the stock has a possible downside of 11.8%.
View analysts' price targets for NIC
or view top-rated stocks among Wall Street analysts.

Who are NIC's key executives?

NIC's management team includes the following people:
  • Mr. Harry H. Herington, Chairman & CEO (Age 61, Pay $1.43M)
  • Mr. Stephen M. Kovzan, Chief Financial Officer (Age 52, Pay $717.94k)
  • Mr. William A. Van Asselt, Gen. Counsel & Sec. (Age 46, Pay $404.91k)
  • Ms. Jayne Friedland Holland, Chief Security Officer (Age 57, Pay $657.85k)
  • Mr. Douglas L. Rogers, Sr. VP of Bus. Devel. (Age 45, Pay $482.91k)
  • Mr. Brian Gerald Anderson, Chief Technology Officer
  • Ms. Angie Davids, Sr. VP of Marketing & Communications
  • Mr. Ron E. Thornburgh, VP of Digital Gov. & Advocacy (Age 58)
  • Elizabeth Amegan Thomas, VP of Fin. Operations
  • Ms. Kara Cowie, Director of Corp. Communications

What is Harry H. Herington's approval rating as NIC's CEO?

60 employees have rated NIC CEO Harry H. Herington on Glassdoor.com. Harry H. Herington has an approval rating of 81% among NIC's employees.

Who are some of NIC's key competitors?

What other stocks do shareholders of NIC own?

What is NIC's stock symbol?

NIC trades on the NASDAQ under the ticker symbol "EGOV."

Who are NIC's major shareholders?

NIC's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.59%), Brown Capital Management LLC (3.96%), Renaissance Technologies LLC (3.04%), Eaton Vance Management (2.90%), Boston Trust Walden Corp (2.45%) and Lazard Asset Management LLC (2.40%). Company insiders that own NIC stock include Stephen M Kovzan, Venmal (Raji) Arasu 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 Rothschild & Co. Asset Management US Inc., Dalton Greiner Hartman Maher & Co., Renaissance Technologies LLC, Sei Investments Co., Aviva PLC, Palisade Capital Management LLC NJ, Squarepoint Ops LLC, and First Trust Advisors LP.
View insider buying and selling activity for NIC
or view top insider-selling stocks.

Which major investors are buying NIC stock?

EGOV stock was acquired by a variety of institutional investors in the last quarter, including Neumeier Poma Investment Counsel LLC, BlackRock Inc., Touchstone Capital Inc., Bank of New York Mellon Corp, Canada Pension Plan Investment Board, Morgan Stanley, Motley Fool Asset Management LLC, and Lazard Asset Management LLC.
View insider buying and selling activity for NIC
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is NIC's stock price today?

One share of EGOV stock can currently be purchased for approximately $34.59.

How much money does NIC make?

NIC has a market capitalization of $2.32 billion and generates $354.20 million in revenue each year. The software maker earns $50.43 million in net income (profit) each year or $0.77 on an earnings per share basis.

How many employees does NIC have?

NIC employs 1,000 workers across the globe.

What is NIC's official website?

The official website for NIC is www.egov.com.

Where are NIC's headquarters?

NIC is headquartered at 25501 West Valley Parkway Suite 300, Olathe KS, 66061.

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]


This page was last updated on 2/25/2021 by MarketBeat.com Staff

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.