NIC Company Profile (NASDAQ:EGOV)


NIC logoNIC Inc. is a provider of digital government services that help governments use technology to provide services to businesses and citizens. The Company operates through Outsourced Portals segment. The Company offers its services through two channels: primary outsourced portal businesses, and software and services businesses. In the primary outsourced portal businesses, the Company enters into contracts with state and local governments to design, build, and operate Internet-based, enterprise-wide portals on their behalf. Its software and services businesses include its subsidiaries that provide software development and payment processing services, other than outsourced portal services, to state and local governments, as well as federal agencies. The Company's outsourced portal businesses include interactive government services (IGS), driver history records (DHR), Portal software development and services, and Portal management.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Internet Services - NEC
  • Sub-Industry: Internet Software & Services
  • Symbol: NASDAQ:EGOV
  • CUSIP: 62914B10
  • Web:
  • Market Cap: $1.29 billion
  • Outstanding Shares: 66,218,000
Average Prices:
  • 50 Day Moving Avg: $20.48
  • 200 Day Moving Avg: $22.02
  • 52 Week Range: $19.35 - $25.90
  • Trailing P/E Ratio: 22.87
  • Foreward P/E Ratio: 24.14
  • P/E Growth: 1.07
Sales & Book Value:
  • Annual Revenue: $322.7 million
  • Price / Sales: 4.01
  • Book Value: $2.16 per share
  • Price / Book: 9.05
  • Annual Dividend: $0.32
  • Dividend Yield: 1.6%
  • EBIDTA: $84.01 million
  • Net Margins: 17.64%
  • Return on Equity: 39.07%
  • Return on Assets: 23.37%
  • Current Ratio: 2.54%
  • Quick Ratio: 2.54%
  • Average Volume: 376,958 shs.
  • Beta: 0.53
  • Short Ratio: 14.91

Frequently Asked Questions for NIC (NASDAQ:EGOV)

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 announced a quarterly dividend on Thursday, May 4th. Investors of record on Tuesday, June 6th will be given a dividend of $0.08 per share on Tuesday, June 20th. This represents a $0.32 annualized dividend and a yield of 1.64%. The ex-dividend date is Friday, June 2nd. View NIC's Dividend History.

How were NIC's earnings last quarter?

NIC Inc. (NASDAQ:EGOV) announced its earnings results on Monday, May, 1st. The company reported $0.21 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.18 by $0.03. The business earned $83.20 million during the quarter, compared to the consensus estimate of $81.99 million. NIC had a net margin of 17.64% and a return on equity of 39.07%. The firm's revenue for the quarter was up 6.3% on a year-over-year basis. During the same period last year, the company earned $0.19 EPS. View NIC's Earnings History.

When will NIC make its next earnings announcement?

NIC is scheduled to release their next quarterly earnings announcement on Thursday, August, 3rd 2017. View Earnings Estimates for NIC.

Where is NIC's stock going? Where will NIC's stock price be in 2017?

6 brokerages have issued 1-year target prices for NIC's shares. Their predictions range from $18.00 to $28.00. On average, they anticipate NIC's share price to reach $22.80 in the next year. View Analyst Ratings for NIC.

Are investors shorting NIC?

NIC saw a increase in short interest in May. As of May 31st, there was short interest totalling 4,753,966 shares, an increase of 2.1% from the May 15th total of 4,654,270 shares. Based on an average trading volume of 313,831 shares, the days-to-cover ratio is presently 15.1 days.

Who are some of NIC's key competitors?

Who are NIC's key executives?

NIC's management team includes the folowing people:

  • Harry H. Herington, Chairman of the Board, Chief Executive Officer
  • Stephen M. Kovzan, Chief Financial Officer
  • Robert W. Knapp Jr., Chief Operating Officer
  • William A. Van Asselt, General Counsel
  • Jayne Friedland Holland J.D., Chief Security Officer
  • Art N. Burtscher, Lead Independent Director
  • Venmal Arasu, Independent Director
  • Karen S. Evans, Independent Director
  • Ross C. Hartley, Independent Director
  • C. Brad Henry J.D., Independent Director

Who owns NIC stock?

NIC's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Brown Capital Management LLC (13.23%), BlackRock Inc. (11.30%), Vanguard Group Inc. (8.92%), TimesSquare Capital Management LLC (3.22%), Dimensional Fund Advisors LP (3.12%) and Columbia Wanger Asset Management LLC (2.81%). Company insiders that own NIC stock include Alexander C Kemper, Harry Herington, Jayne Holland, Peter B Wilson, Robert W Knapp, Ross C Hartley, William F Bradley Jr, William F Bradley, Jr and William M Lyons. View Institutional Ownership Trends for NIC.

Who sold NIC stock? Who is selling NIC stock?

NIC's stock was sold by a variety of institutional investors in the last quarter, including Palisade Capital Management LLC NJ, BTIM Corp., Wells Fargo & Company MN, State of New Jersey Common Pension Fund D, Formula Growth Ltd., Bank of America Corp DE, Parametric Portfolio Associates LLC and JPMorgan Chase & Co.. Company insiders that have sold NIC stock in the last year include Alexander C Kemper, Jayne Holland, Robert W Knapp and Ross C Hartley. View Insider Buying and Selling for NIC.

Who bought NIC stock? Who is buying NIC stock?

NIC's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Copeland Capital Management LLC, FMR LLC, Vanguard Group Inc., Columbia Wanger Asset Management LLC, Citadel Advisors LLC, Bank of New York Mellon Corp and Russell Investments Group Ltd.. View Insider Buying and Selling for NIC.

How do I buy NIC stock?

Shares of NIC can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is NIC's stock price today?

One share of NIC stock can currently be purchased for approximately $19.55.

MarketBeat Community Rating for NIC (NASDAQ EGOV)
Community Ranking:  1.8 out of 5 ()
Outperform Votes:  90 (Vote Outperform)
Underperform Votes:  167 (Vote Underperform)
Total Votes:  257
MarketBeat's community ratings are surveys of what our community members think about NIC and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for NIC (NASDAQ:EGOV) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 4 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $22.80 (16.62% upside)

Analysts' Ratings History for NIC (NASDAQ:EGOV)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
2/14/2017Loop CapitalInitiated CoverageHold$22.00N/AView Rating Details
2/3/2017SidotiUpgradeNeutral -> Buy$28.00N/AView Rating Details
2/2/2017Avondale PartnersDowngradeMarket Perform -> Underperform$18.00N/AView Rating Details
1/3/2017Barrington ResearchDowngradeOutperform -> Market PerformN/AView Rating Details
11/18/2016Imperial CapitalBoost Price TargetIn -> In-Line$21.00 -> $23.00N/AView Rating Details
8/5/2016Maxim GroupBoost Price TargetHold$18.00 -> $23.00N/AView Rating Details
8/17/2015StephensDowngradeOverweight -> Equal Weight$21.00N/AView Rating Details
(Data available from 6/27/2015 forward)


Earnings History for NIC (NASDAQ:EGOV)
Earnings by Quarter for NIC (NASDAQ:EGOV)
Earnings History by Quarter for NIC (NASDAQ EGOV)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/1/2017Q1 2017$0.18$0.21$81.99 million$83.20 millionViewListenView Earnings Details
2/1/2017Q416$0.15$0.20$76.41 million$78.30 millionViewListenView Earnings Details
11/3/2016Q316$0.18$0.24$80.04 million$80.37 millionViewN/AView Earnings Details
8/4/2016Q216$0.18$0.20$80.90 million$80.81 millionViewN/AView Earnings Details
5/2/2016Q116$0.15$0.19$74.89 million$78.39 millionViewN/AView Earnings Details
2/4/2016Q415$0.14$0.13$71.75 million$71.16 millionViewN/AView Earnings Details
11/5/2015Q315$0.17$0.19$74.76 million$75.05 millionViewN/AView Earnings Details
8/6/2015Q215$0.16$0.17$76.18 million$75.80 millionViewN/AView Earnings Details
5/4/2015Q115$0.15$0.14$70.70 million$70.40 millionViewN/AView Earnings Details
2/5/2015Q414$0.13$0.12$66.70 million$66.00 millionViewN/AView Earnings Details
11/6/2014Q314$0.15$0.16$67.70 million$69.40 millionViewN/AView Earnings Details
8/7/2014Q214$0.15$0.17$68.62 million$71.20 millionViewN/AView Earnings Details
5/5/2014Q114$0.14$0.14$66.08 million$65.40 millionViewN/AView Earnings Details
2/6/2014Q413$0.12$0.11$62.67 million$60.80 millionViewN/AView Earnings Details
11/7/2013Q313$0.11$0.08$61.45 million$61.30 millionViewN/AView Earnings Details
8/1/2013Q2 2013$0.11$0.16$60.55 million$65.90 millionViewN/AView Earnings Details
5/6/2013Q1 2013$0.11$0.15$57.68 million$61.20 millionViewN/AView Earnings Details
2/7/2013Q4 2012$0.10$0.13$52.86 million$57.20 millionViewN/AView Earnings Details
11/8/2012Q312$0.10$0.09$53.72 million$53.20 millionViewN/AView Earnings Details
8/2/2012$0.09$0.09ViewN/AView Earnings Details
4/30/2012$0.09$0.09ViewN/AView Earnings Details
2/2/2012$0.09$0.08ViewN/AView Earnings Details
11/3/2011$0.09$0.11ViewN/AView Earnings Details
8/2/2011$0.08$0.09ViewN/AView Earnings Details
5/2/2011$0.07$0.08ViewN/AView Earnings Details
2/3/2011$0.06$0.08ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for NIC (NASDAQ:EGOV)
2017 EPS Consensus Estimate: $0.70
2018 EPS Consensus Estimate: $0.78
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.19$0.19$0.19
Q2 20172$0.18$0.18$0.18
Q3 20172$0.18$0.19$0.19
Q4 20172$0.14$0.15$0.15
Q1 20182$0.20$0.22$0.21
Q2 20182$0.19$0.21$0.20
Q3 20182$0.20$0.21$0.21
Q4 20182$0.16$0.17$0.17
(Data provided by Zacks Investment Research)


Current Dividend Information for NIC (NASDAQ:EGOV)
Most Recent Dividend:6/20/2017
Annual Dividend:$0.32
Dividend Yield:1.64%
Payout Ratio:37.65% (Trailing 12 Months of Earnings)
43.84% (Based on This Year's Estimates)
39.51% (Based on Next Year's Estimates)
Dividend Payments by Quarter for NIC (NASDAQ:EGOV)

Dividend History by Quarter for NIC (NASDAQ EGOV)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for NIC (NASDAQ:EGOV)
Insider Ownership Percentage: 4.10%
Institutional Ownership Percentage: 92.93%
Insider Trades by Quarter for NIC (NASDAQ:EGOV)
Institutional Ownership by Quarter for NIC (NASDAQ:EGOV)
Insider Trades by Quarter for NIC (NASDAQ:EGOV)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/22/2017Robert W KnappCOOSell25,000$20.38$509,500.00View SEC Filing  
3/22/2017Alexander C KemperDirectorSell7,000$20.85$145,950.00View SEC Filing  
1/9/2017Ross C HartleyDirectorSell69,800$24.21$1,689,858.00View SEC Filing  
1/5/2017Ross C HartleyDirectorSell85,174$24.41$2,079,097.34View SEC Filing  
1/4/2017Ross C HartleyDirectorSell95,026$24.13$2,292,977.38View SEC Filing  
12/12/2016Ross C HartleyDirectorSell240,458$25.19$6,057,137.02View SEC Filing  
8/11/2016Jayne HollandInsiderSell2,000$23.35$46,700.00View SEC Filing  
2/9/2016William M LyonsDirectorBuy2,000$16.65$33,300.00View SEC Filing  
12/4/2015Harry HeringtonCEOSell30,224$20.58$622,009.92View SEC Filing  
12/1/2015Harry HeringtonCEOSell65,883$20.51$1,351,260.33View SEC Filing  
11/27/2015Harry HeringtonCEOSell34,243$20.29$694,790.47View SEC Filing  
11/24/2015Harry HeringtonCEOSell73,865$19.98$1,475,822.70View SEC Filing  
11/19/2015Harry HeringtonCEOSell46,310$19.77$915,548.70View SEC Filing  
11/17/2015Harry HeringtonCEOSell49,475$19.65$972,183.75View SEC Filing  
11/11/2015Robert W KnappCOOSell20,000$20.00$400,000.00View SEC Filing  
8/28/2015Peter B WilsonDirectorSell33,040$18.74$619,169.60View SEC Filing  
8/24/2015William F. Bradley, Jr.CAOSell40,000$18.67$746,800.00View SEC Filing  
8/20/2015William F. Bradley, Jr.CAOSell40,000$19.22$768,800.00View SEC Filing  
8/18/2015William F Bradley JrCAOSell40,000$19.75$790,000.00View SEC Filing  
8/14/2015William F Bradley JrCAOSell40,000$19.93$797,200.00View SEC Filing  
3/13/2015William F Bradley JrCAOSell8,450$17.10$144,495.00View SEC Filing  
3/12/2015William F Bradley JrCAOSell40,000$17.17$686,800.00View SEC Filing  
3/9/2015William F Bradley JrCAOSell31,550$17.52$552,756.00View SEC Filing  
3/5/2015William F Bradley JrCAOSell40,000$17.58$703,200.00View SEC Filing  
3/3/2015William F Bradley JrCAOSell40,000$17.60$704,000.00View SEC Filing  
2/27/2015William F Bradley JrCAOSell40,000$17.75$710,000.00View SEC Filing  
12/26/2014Aimi DaughteryCAOSell20,000$18.75$375,000.00View SEC Filing  
12/18/2014Alexander C KemperDirectorSell11,000$18.00$198,000.00View SEC Filing  
8/15/2014Stephen M KovzanCFOSell75,000$18.87$1,415,250.00View SEC Filing  
8/12/2014Robert W KnappCOOSell15,000$18.79$281,850.00View SEC Filing  
11/8/2013William Bradley, Jr.CAOSell46,250$22.77$1,053,112.50View SEC Filing  
11/6/2013William Bradley, Jr.CAOSell17,500$23.10$404,250.00View SEC Filing  
8/12/2013Ross HartleyDirectorSell55,145$22.88$1,261,717.60View SEC Filing  
8/9/2013Ron ThornburghSVPSell2,500$22.91$57,275.00View SEC Filing  
8/9/2013Ross HartleyDirectorSell286,097$22.91$6,554,482.27View SEC Filing  
8/7/2013Ross HartleyDirectorSell158,758$23.02$3,654,609.16View SEC Filing  
6/14/2013Robert W KnappCOOSell6,000$16.13$96,780.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for NIC (NASDAQ:EGOV)
Latest Headlines for NIC (NASDAQ:EGOV)
DateHeadline logo2017 CFO of the Year honorees: Steve Kovzan - June 23 at 5:31 PM logoNIC Inc. (EGOV) Given Consensus Recommendation of "Hold" by Brokerages - June 20 at 10:30 AM logoNIC CEO: 'We are the R&D shop for government' - June 19 at 6:33 PM logoDMV Ribbon-Cutting Held for New Self-Service Kiosk at Barboursville Little General - June 13 at 4:36 PM logoTexas Veterans Portal Wins Best of Texas Award - June 13 at 12:05 PM logoNIC Inc. (EGOV) Short Interest Update - June 11 at 7:28 AM logoMaine Wins Two International Awards for State Websites - June 8 at 5:55 PM logo Brokerages Anticipate NIC Inc. (EGOV) Will Post Quarterly Sales of $82.95 Million - June 7 at 8:24 AM logoNew Jersey State Police Background Name Check Service Named Innovation of the Year by StateScoop 50 - June 6 at 5:20 PM logoZacks: Analysts Expect NIC Inc. (EGOV) to Announce $0.18 Earnings Per Share - June 6 at 12:26 AM logoNIC, Inc. : EGOV-US: Dividend Analysis : June 06th, 2017 (record date) : By the numbers : June 5, 2017 - June 5 at 4:59 PM logoETFs with exposure to NIC, Inc. : June 2, 2017 - June 2 at 9:25 PM logoETFs with exposure to NIC, Inc. : June 2, 2017 - June 2 at 4:24 PM logoNew Jersey Launches New Service for Cigarette Licensing - June 2 at 8:23 AM logoMaine Boat Registration Renewal Adds Its 200th Municipality - June 1 at 5:40 PM logoStream iCONIC New York on June 7, 2017 - June 1 at 3:16 PM logoNicox receives FDA approval of ZERVIATE1 (cetirizine ophthalmic solution) 0.24% - May 31 at 10:22 AM logoNIC Inc. (EGOV) Receives Average Recommendation of "Hold" from Analysts - May 26 at 10:50 AM logoNebraska Department of Natural Resources Launches an Efficient and Eye-Catching New Website - May 24 at 12:22 PM logoNew Jersey DEP Wins Multiple Awards for Mobile App That Lets Public Report Nonemergency Environmental Incidents - May 24 at 12:22 PM logoElectronic Property Tax Payments Now Offered in 56 Arkansas Counties - May 24 at 12:22 PM logoNIC Inc. (EGOV) COO Robert W. Knapp Sells 25,000 Shares - May 23 at 7:47 PM logoNebraska State Portal Continues to Win Awards, Adding Two Communicator Awards - May 23 at 12:16 PM logoApplication for West Virginia State Bar Membership Photo ID Card Now Available Online - May 23 at 12:16 PM logoArkansas Personal Property Assessment Deadline is Wednesday, May 31 - May 22 at 4:40 PM logoETFs with exposure to NIC, Inc. : May 19, 2017 - May 19 at 4:43 PM logoNIC, Inc. :EGOV-US: Earnings Analysis: Q1, 2017 By the Numbers : May 18, 2017 - May 18 at 10:29 AM logoNIC, Inc. breached its 50 day moving average in a Bullish Manner : EGOV-US : May 16, 2017 - May 16 at 12:40 PM logoU-Vend, Inc. Reports First Quarter 2017 Financial Results - May 16 at 11:02 AM logo2017 CFOs of the Year help companies thrive - May 15 at 11:44 AM logoWest Virginia Sexual Assault Evidence Collection Kit Information System Places in Top 8 at Prestigious ACT-IAC Innovation Awards - May 12 at 5:24 PM logoINGENICO GROUP: Combined Annual Shareholders' Meeting - Voting results - May 10 at 12:35 PM logoZacks: Brokerages Anticipate NIC Inc. (EGOV) Will Announce Earnings of $0.18 Per Share - May 10 at 8:36 AM Wins an American Marketing Association Merit Award - May 9 at 4:53 PM logoKentucky Governor’s Scholars Program Redesigns Website - May 9 at 4:53 PM logoState of Nebraska Wins State Scoop IT Innovation Award - May 5 at 5:05 PM logoNIC Inc. Honored as Bronze Stevie® Award Winner for “YourPassNow” in the App & Mobile Website Category of the 2017 American Business Awards℠ - May 5 at 5:05 PM logoNIC Inc. (EGOV) Stock Rating Upgraded by Zacks Investment Research - May 4 at 9:48 PM logoNIC Inc. (EGOV) to Issue Quarterly Dividend of $0.08 - May 4 at 9:02 PM logoNIC, Inc. breached its 50 day moving average in a Bearish Manner : EGOV-US : May 4, 2017 - May 4 at 10:44 AM logoNIC Inc. Expected to Post Q2 2017 Earnings of $0.18 Per Share (EGOV) - May 4 at 8:32 AM logoNIC’s Board of Directors Declares Quarterly Dividend - May 3 at 4:48 PM logoEdited Transcript of EGOV earnings conference call or presentation 1-May-17 8:30pm GMT - May 2 at 7:16 PM logoIncreased Volumes Drive NIC Inc.'s First-Quarter Revenue Higher - May 2 at 7:16 PM logoNIC Inc. (EGOV) Releases Earnings Results, Beats Estimates By $0.03 EPS - May 2 at 12:32 PM logoNIC tops Street 1Q forecasts - May 1 at 4:13 PM logoNIC Inc. (EGOV) Given Consensus Recommendation of "Hold" by Analysts - May 1 at 2:24 PM logoNIC (EGOV) Getting Somewhat Favorable Media Coverage, Analysis Finds - April 29 at 6:11 PM logoNIC Inc. (EGOV) to Release Quarterly Earnings on Monday - April 29 at 10:34 AM logoSomewhat Favorable News Coverage Very Likely to Affect NIC (EGOV) Stock Price - April 26 at 10:36 PM



NIC (EGOV) Chart for Tuesday, June, 27, 2017

This page was last updated on 6/27/2017 by Staff