NASDAQ:EGOV - NIC Stock Price, News & Analysis

$21.72
-0.13 (-0.59 %)
(As of 09/16/2019 04:52 AM ET)
Today's Range
$21.4750
Now: $21.72
$21.87
50-Day Range
$17.46
MA: $20.47
$22.95
52-Week Range
$11.76
Now: $21.72
$23.45
Volume384,581 shs
Average Volume400,562 shs
Market Capitalization$1.45 billion
P/E Ratio24.68
Dividend Yield1.46%
Beta0.9
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$1.0159 per share
Book Value$3.18 per share

Profitability

Net Income$58.27 million

Miscellaneous

Employees920
Market Cap$1.45 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. Shareholders of record on Friday, September 6th will be given a dividend of $0.08 per share on Friday, September 20th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date is Thursday, September 5th. View NIC's Dividend History.

How will NIC's stock buyback program work?

NIC declared that its board has initiated a stock buyback program on Friday, March 9th 2018, which allows the company to buyback $25,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board believes its stock is undervalued.

How were NIC's earnings last quarter?

NIC Inc. (NASDAQ:EGOV) issued its quarterly earnings data on Wednesday, July, 31st. The software maker reported $0.21 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.18 by $0.03. The software maker earned $91.60 million during the quarter, compared to the consensus estimate of $86.45 million. NIC had a net margin of 15.10% and a return on equity of 24.45%. The business's revenue for the quarter was down 1.0% on a year-over-year basis. During the same period last year, the business earned $0.25 EPS. 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 EPS guidance of $0.71-0.73 for the period, compared to the Thomson Reuters consensus earnings per share 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 Wall Street analysts have issued 1-year target prices for NIC's shares. Their forecasts range from $16.00 to $26.00. On average, they anticipate NIC's stock price to reach $21.00 in the next twelve months. This suggests that the stock has a possible downside of 3.3%. 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 stories about EGOV stock have trended somewhat positive recently, InfoTrie reports. The research firm rates the sentiment of press coverage by analyzing more than six thousand blog and news 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 media sentiment score of 0.9 on InfoTrie's scale. They also assigned news articles about the software maker a news buzz of 1.0 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 News Stories for NIC.

Are investors shorting NIC?

NIC saw a decline in short interest in the month of August. As of August 31st, there was short interest totalling 1,651,600 shares, a decline of 34.1% from the July 31st total of 2,507,700 shares. Based on an average daily volume of 399,700 shares, the short-interest ratio is currently 4.1 days. Approximately 2.6% of the shares of the company are short sold. 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 number of of retail and institutional investors. Top institutional shareholders 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%). Company insiders that own NIC stock include Stephen M Kovzan 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 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.. 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 for NIC.

Which major investors are buying NIC stock?

EGOV stock was purchased 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., Dalton Greiner Hartman Maher & Co., Hussman Strategic Advisors Inc. and Ontario Teachers Pension Plan Board. 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, Robinhood, Fidelity and Charles Schwab.

What is NIC's stock price today?

One share of EGOV stock can currently be purchased for approximately $21.72.

How big of a company is NIC?

NIC has a market capitalization of $1.45 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:  323 (Vote Outperform)
Underperform Votes:  436 (Vote Underperform)
Total Votes:  759
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 9/16/2019 by MarketBeat.com Staff

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