NASDAQ:EGOV - NIC Stock Price, Price Target & More

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

NIC declared a quarterly dividend on Tuesday, May 8th. Investors of record on Tuesday, June 5th will be paid a dividend of $0.08 per share on Tuesday, June 19th. This represents a $0.32 dividend on an annualized basis and a yield of 1.98%. The ex-dividend date is Monday, June 4th. View NIC's Dividend History.

NIC declared that its board has authorized a stock repurchase plan on Friday, March 9th 2018, which authorizes the company to repurchase $25,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company's board of directors believes its stock is undervalued.

NIC Inc. (NASDAQ:EGOV) released its earnings results on Monday, April, 30th. The software maker reported $0.23 EPS for the quarter, beating the consensus estimate of $0.22 by $0.01. The software maker had revenue of $86.73 million for the quarter, compared to analyst estimates of $87.51 million. NIC had a net margin of 15.63% and a return on equity of 32.69%. The firm's quarterly revenue was up 4.3% compared to the same quarter last year. During the same period last year, the business earned $0.21 EPS. View NIC's Earnings History.

NIC is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for NIC.

4 Wall Street analysts have issued 1 year target prices for NIC's shares. Their predictions range from $14.00 to $18.00. On average, they anticipate NIC's stock price to reach $16.00 in the next year. This suggests that the stock has a possible downside of 0.9%. View Analyst Ratings for NIC.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NIC in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to NIC include RMR Group (RMR), Exponent (EXPO), FTI Consulting (FCN), ICF International (ICFI), Huron Consulting Group (HURN), Navigant Consulting (NCI), The Hackett Group (HCKT), Blackrock Capital Investment (BKCC), China Internet Nationwide Fncl Srvcs (CIFS), AVALON GLOBOCAR/SH SH (AVCO), Information Services Group, Inc. Common Stock (III), Wilhelmina International (WHLM), Lightbridge (LTBR), Pharma Bio Serv (PBSV) and TSS (TSSI).

Media coverage about EGOV stock has trended somewhat positive this week, Accern Sentiment Analysis reports. Accern rates the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. NIC earned a media sentiment score of 0.22 on Accern's scale. They also gave media coverage about the software maker an impact score of 46.22 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

NIC's stock is owned by many different of institutional and retail investors. Top institutional investors include Conestoga Capital Advisors LLC (2.60%), Whittier Trust Co. (0.07%), Fox Run Management L.L.C. (0.07%), Campbell & CO Investment Adviser LLC (0.05%), Municipal Employees Retirement System of Michigan (0.03%) and Amalgamated Bank (0.02%). Company insiders that own NIC stock include Alexander C Kemper, Jayne Holland, Robert W Knapp and Ross C Hartley. View Institutional Ownership Trends for NIC.

EGOV stock was sold by a variety of institutional investors in the last quarter, including Municipal Employees Retirement System of Michigan. View Insider Buying and Selling for NIC.

EGOV stock was bought by a variety of institutional investors in the last quarter, including Conestoga Capital Advisors LLC, Whittier Trust Co., Fox Run Management L.L.C., Campbell & CO Investment Adviser LLC and Amalgamated Bank. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of EGOV stock can currently be purchased for approximately $16.15.

NIC has a market capitalization of $1.07 billion and generates $336.51 million in revenue each year. The software maker earns $51.61 million in net income (profit) each year or $0.77 on an earnings per share basis. NIC employs 950 workers across the globe.

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]