NASDAQ:EGOVNIC Stock Price, Forecast & News

NIC's stock was trading at $17.09 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, EGOV stock has increased by 39.3% and is now trading at $23.81. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NIC in the last year. There are currently 2 hold ratings, 2 buy ratings 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 Monday, April 27th 2020. View our earnings forecast for NIC.

NIC Inc. (NASDAQ:EGOV) announced its quarterly earnings data on Wednesday, January, 29th. The software maker reported $0.15 EPS for the quarter, missing the consensus estimate of $0.16 by $0.01. The software maker earned $87.10 million during the quarter, compared to the consensus estimate of $85.26 million. NIC had a return on equity of 22.11% and a net margin of 14.24%. The company's quarterly revenue was up 10.7% on a year-over-year basis. During the same period last year, the business earned $0.15 EPS. View NIC's earnings history.

NIC announced a quarterly dividend on Monday, January 27th. Investors of record on Wednesday, March 4th will be paid a dividend of $0.09 per share on Wednesday, March 18th. This represents a $0.36 annualized dividend and a dividend yield of 1.51%. The ex-dividend date is Tuesday, March 3rd. This is a positive change from NIC's previous quarterly dividend of $0.08. View NIC's dividend history.

NIC updated its FY20 earnings guidance on Wednesday, January, 29th. The company provided EPS guidance of $0.76-81 for the period, compared to the Thomson Reuters consensus estimate of $0.84. The company issued revenue guidance of $380.5-$391.0 million, compared to the consensus revenue estimate of $379.38 million.

5 equities research analysts have issued twelve-month price objectives for NIC's stock. Their forecasts range from $23.00 to $26.00. On average, they anticipate NIC's share price to reach $25.00 in the next twelve months. This suggests a possible upside of 5.0% from the stock's current price. View analysts' price targets for NIC.

Media headlines about EGOV stock have trended very negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by analyzing 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 daily sentiment score of -3.3 on InfoTrie's scale. They also assigned news stories about the software maker a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutNIC.

NIC saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 1,238,700 shares, an increase of 35.7% from the February 27th total of 912,500 shares. Based on an average daily volume of 377,800 shares, the days-to-cover ratio is currently 3.3 days. Approximately 1.9% 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), Verisign (VRSN), CoStar Group (CSGP), Twitter (TWTR), Akamai Technologies (AKAM), SEA (SE), LogMeIn (LOGM), J2 Global (JCOM), Envestnet (ENV), Stamps.com (STMP), ANGI Homeservices (ANGI), Cimpress (CMPR) and Cornerstone OnDemand (CSOD).

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 shareholders include Dalton Greiner Hartman Maher & Co. (0.33%), Edmonds Duncan Registered Investment Advisors LLC (0.20%), Carolina Wealth Advisors LLC (0.17%) and State of Alaska Department of Revenue (0.09%). Company insiders that own NIC stock include Stephen M Kovzan 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 Carolina Wealth Advisors 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 activity for NIC.

EGOV stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Edmonds Duncan Registered Investment Advisors LLC, and Dalton Greiner Hartman Maher & 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 $23.81.

NIC has a market capitalization of $1.62 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. View additional information about NIC.

The official website for NIC is http://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]