NASDAQ:EGOVNIC Stock Price, Forecast & News

NIC's stock was trading at $17.09 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, EGOV shares have increased by 30.5% and is now trading at $22.30. View which stocks have been most impacted by Coronavirus.

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

NIC is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for NIC.

NIC Inc. (NASDAQ:EGOV) announced its quarterly earnings data on Monday, April, 27th. The software maker reported $0.18 EPS for the quarter, hitting the Zacks' consensus estimate of $0.18. The software maker earned $91.10 million during the quarter, compared to analyst estimates of $92.46 million. NIC had a net margin of 14.10% and a return on equity of 21.07%. The company's revenue was up 6.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.17 EPS. View NIC's earnings history.

NIC announced a quarterly dividend on Thursday, April 23rd. Stockholders of record on Thursday, June 11th will be given a dividend of $0.09 per share on Thursday, June 25th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.61%. The ex-dividend date of this dividend is Wednesday, June 10th. View NIC's dividend history.

NIC issued an update on its FY20 earnings guidance on Monday, April, 27th. The company provided earnings per share guidance of $0.76 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.78. The company issued revenue guidance of $380.5 million, compared to the consensus revenue estimate of $385.64 million.

4 brokers have issued 1-year target prices for NIC's shares. Their forecasts range from $23.00 to $30.00. On average, they expect NIC's stock price to reach $27.00 in the next year. This suggests a possible upside of 21.1% from the stock's current price. View analysts' price targets for NIC.

News headlines about EGOV stock have been trending somewhat negative this week, according to InfoTrie Sentiment. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. NIC earned a media sentiment score of -1.8 on InfoTrie's scale. They also gave news headlines about the software maker a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news about NIC.

NIC saw a increase in short interest in June. As of June 30th, there was short interest totaling 1,310,000 shares, an increase of 10.1% from the June 15th total of 1,190,000 shares. Based on an average daily trading volume, of 509,500 shares, the days-to-cover ratio is presently 2.6 days. Currently, 2.0% of the company's shares are short sold. View NIC's Current Options Chain.

Some companies that are related to NIC include Facebook (FB), Equinix (EQIX), eBay (EBAY), SEA (SE), CoStar Group (CSGP), Twitter (TWTR), Verisign (VRSN), Akamai Technologies (AKAM), ANGI Homeservices (ANGI), LogMeIn (LOGM), Envestnet (ENV), Stamps.com (STMP), LivePerson (LPSN), J2 Global (JCOM) and SPS Commerce (SPSC). View all competitors.

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).

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

NIC's stock is owned by a number of retail and institutional investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (0.34%), Whittier Trust Co. (0.11%), Whittier Trust Co. of Nevada Inc. (0.04%), Envestnet Asset Management Inc. (0.03%), Diversified Trust Co (0.02%) and 6 Meridian (0.02%). Company insiders that own NIC stock include Stephen M Kovzan, Venmal (Raji) Arasu and William M Lyons. View institutional ownership trends for NIC.

EGOV stock was sold by a variety of institutional investors in the last quarter, including 6 Meridian. Company insiders that have sold NIC company stock in the last year include Venmal (Raji) Arasu, and William M Lyons. View insider buying and selling activity for NIC.

EGOV stock was purchased by a variety of institutional investors in the last quarter, including Diversified Trust Co, Envestnet Asset Management Inc., Whittier Trust Co. of Nevada Inc., Dalton Greiner Hartman Maher & Co., and Whittier Trust Co.. View insider buying and selling activity for 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.

One share of EGOV stock can currently be purchased for approximately $22.30.

NIC has a market capitalization of $1.49 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. NIC employs 920 workers across the globe.

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

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]