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
  • Sub-Industry: Internet Software & Services
  • Symbol: NASDAQ:EGOV
  • CUSIP: 62914B10
  • Web:
  • Market Cap: $1.16961 billion
  • Outstanding Shares: 66,267,000
Average Prices:
  • 50 Day Moving Avg: $17.04
  • 200 Day Moving Avg: $18.54
  • 52 Week Range: $15.45 - $25.90
  • Trailing P/E Ratio: 20.41
  • Foreward P/E Ratio: 21.69
  • P/E Growth: 2.36
Sales & Book Value:
  • Annual Revenue: $327.22 million
  • Price / Sales: 3.51
  • Book Value: $2.29 per share
  • Price / Book: 7.58
  • Annual Dividend: $0.32
  • Dividend Yield: 1.8%
  • EBITDA: $83.34 million
  • Net Margins: 17.31%
  • Return on Equity: 38.37%
  • Return on Assets: 23.00%
  • Current Ratio: 2.68%
  • Quick Ratio: 2.68%
  • Average Volume: 558,422 shs.
  • Beta: 0.41
  • Short Ratio: 12.98

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, August 3rd. Investors of record on Wednesday, September 6th will be given a dividend of $0.08 per share on Wednesday, September 20th. This represents a $0.32 annualized dividend and a yield of 1.84%. The ex-dividend date is Friday, September 1st. View NIC's Dividend History.

How were NIC's earnings last quarter?

NIC Inc. (NASDAQ:EGOV) released its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.19 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.18 by $0.01. The firm earned $85.30 million during the quarter, compared to analyst estimates of $83.57 million. NIC had a return on equity of 38.37% and a net margin of 17.31%. The business's revenue was up 5.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.20 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 Wednesday, November, 1st 2017. View Earnings Estimates for NIC.

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

7 analysts have issued 12 month price objectives for NIC's stock. Their forecasts range from $16.00 to $23.00. On average, they expect NIC's share price to reach $19.33 in the next twelve months. View Analyst Ratings for NIC.

What are analysts saying about NIC stock?

Here are some recent quotes from research analysts about NIC stock:

  • 1. According to Zacks Investment Research, "NIC Inc. provides digital government services that enable governments to use technology to provide various services to businesses. Its Outsourced Portals business enters into long-term contracts with state and local governments to design, build, and operate Internet-based, enterprise-wide portals on their behalf. These portals consist of Websites and applications that enable businesses and citizens to access government information online and complete transactions, such as applying for a permit, retrieving government records, or filing a government-mandated form or report. Its portal service offerings include motor vehicle driver history record retrieval; hunting/ fishing licenses; health professional license services; professional license renewal; business registrations and renewals; secretary of state business searches; Uniform Commercial Code searches and filings; limited criminal history searches; court services; vital records; income and property tax payments; and payment processing products and services. " (10/9/2017)
  • 2. Maxim Group analysts commented, "Texas has released its Request for Offer (RFO) for, where EGOV is the vendor and this contract generated 20% of 2016 revenue or about $63 million." (7/21/2017)

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

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 $17.35.

MarketBeat Community Rating for NIC (NASDAQ EGOV)
Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  156 (Vote Outperform)
Underperform Votes:  233 (Vote Underperform)
Total Votes:  389
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, 5 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $19.33 (11.43% upside)
Consensus Price Target History for NIC (NASDAQ:EGOV)
Price Target History for NIC (NASDAQ:EGOV)
Analysts' Ratings History for NIC (NASDAQ:EGOV)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/20/2017DA DavidsonReiterated RatingNeutral$18.00LowView Rating Details
8/3/2017Maxim GroupSet Price TargetHold$16.00LowView Rating Details
7/21/2017SidotiDowngradeBuy -> Neutral$19.00MediumView Rating Details
7/17/2017Imperial CapitalUpgradeIn-Line -> Outperform$23.00HighView Rating Details
2/14/2017Loop CapitalInitiated CoverageHold$22.00N/AView Rating Details
2/2/2017Avondale PartnersDowngradeMarket Perform -> Underperform$18.00N/AView Rating Details
1/3/2017Barrington ResearchDowngradeOutperform -> Market PerformN/AView Rating Details
(Data available from 10/20/2015 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
11/1/2017$0.19N/AView Earnings Details
8/2/2017Q2 2017$0.18$0.19$83.57 million$85.30 millionViewListenView Earnings Details
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: $0.71
2018 EPS Consensus Estimate: $0.80
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.19$0.19$0.19
Q2 20173$0.18$0.19$0.18
Q3 20173$0.18$0.19$0.19
Q4 20173$0.14$0.17$0.15
Q1 20183$0.21$0.22$0.21
Q2 20183$0.21$0.22$0.21
Q3 20183$0.20$0.21$0.20
Q4 20183$0.16$0.17$0.17
(Data provided by Zacks Investment Research)


Current Dividend Information for NIC (NASDAQ:EGOV)
Most Recent Dividend:9/20/2017
Annual Dividend:$0.32
Dividend Yield:1.84%
Payout Ratio:38.10% (Trailing 12 Months of Earnings)
42.67% (Based on This Year's Estimates)
40.00% (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 logoGlobal Deep Packet Inspection (DPI) Industry - October 19 at 6:52 PM logoThe Mississippi State Department of Health’s Bureau of Public Water Supply Introduces Electronic Invoice Payment System - October 17 at 6:58 PM logoNebraska State Patrol Modernizes Concealed Handgun Permit with Online Services - October 17 at 6:58 PM logoTransition Networks Expands Fiber-to-the-Desktop Solutions with Network Interface Cards Supporting M.2 Interface - October 16 at 4:19 PM logoNetflix (NFLX) and NIC (EGOV) Head to Head Analysis - October 13 at 4:28 AM logoNIC Inc. Announces New Senior Vice President of Business Development - Business Wire (press release) - October 10 at 3:58 PM logoNIC Inc. Announces New Senior Vice President of Business Development - October 10 at 3:58 PM logoNIC Inc. (EGOV) Downgraded by Zacks Investment Research - October 10 at 12:02 AM logoNIC to Announce Third Quarter 2017 Results on November 1 - October 9 at 6:34 PM logoHead to Head Review: Yelp (YELP) vs. NIC (EGOV) - October 9 at 6:28 PM logoCompany Profile for NIC Inc. - Business Wire (press release) - October 6 at 6:34 PM logoCompany Profile for NIC Inc. - October 6 at 6:34 PM logoNIC's Gov2Go Platform Now Available in All 50 States | Business Wire - Business Wire (press release) - October 3 at 10:59 AM logoNIC’s Gov2Go Platform Now Available in All 50 States - October 3 at 10:58 AM logoColorado Center of Excellence for Advanced Technology Aerial Firefighting Launches Online Donations - October 3 at 10:58 AM Wins Web Marketing Standard of Excellence Award - October 3 at 10:58 AM logoArkansas Property Tax Payments Due October 16 - October 3 at 10:58 AM logoJacada Appoints New CEO– Yochai Rozenblat - October 3 at 10:52 AM logoNIC Inc. (EGOV) Receives Average Recommendation of "Hold" from Analysts - September 30 at 1:04 PM logoNIC - Value In The Government Digital Services Space - NIC Inc ... - Seeking Alpha - September 25 at 4:27 PM logoState of Mississippi Places in Top Five at Inaugural Government Experience Awards - September 25 at 11:28 AM logoToday's Research Report Coverage on Application Software Stocks -- Cornerstone OnDemand, Endurance Intl., NIC ... - PR Newswire (press release) - September 22 at 8:38 AM logoNIC (EGOV): A Way To Offset The Upcoming Growth Headwind - DA Davidson - - September 21 at 12:08 AM logoNIC Inc. (EGOV) Receives "Neutral" Rating from DA Davidson - September 20 at 5:46 PM logoNIC, Inc. – Value Analysis (NASDAQ:EGOV) : September 19, 2017 - September 18 at 11:05 PM logoWest Virginia DMV Wins Center For Digital Government Inaugural Award For "Skip The Trip" - September 16 at 5:36 PM logoAlabama Encourages Citizens to Register to Vote - September 15 at 6:42 PM logoWest Virginia DMV Wins Center for Digital Government Inaugural Award for “Skip the Trip” - September 15 at 6:42 PM logoNIC, Inc. breached its 50 day moving average in a Bullish Manner : EGOV-US : September 15, 2017 - September 15 at 6:42 PM logoArkansas Government Offices Honored with Digital Government Transformation Awards - September 15 at 6:42 PM logoThree beaten-down stocks that fit Warren Buffett’s patient investor style - September 13 at 7:32 PM logoHawaii’s User-Centered Redesign of Annual Filing Website Wins Government Standard of Excellence Award - September 13 at 7:32 PM logoHawaii State Library website wins Best Government Website Award - September 13 at 7:32 PM logoNebraska's Secretary Of State Online Filings Reflect Consistent, Impressive Increases - September 13 at 5:06 AM logoNebraska’s Secretary of State Online Filings Reflect Consistent, Impressive Increases - September 12 at 7:03 PM logoArkansas Among Top Three States in Inaugural Government Experience Awards - September 12 at 7:03 PM logoKansas BSRB License Renewal is Convenient and Efficient - September 12 at 7:03 PM logoAC IMMUNE COMPLETES RECRUITMENT FOR LOW-DOSE COHORT IN WORLD'S FIRST CLINICAL TRIAL FOR ANTI-ABETA VACCINE TARGETING ALZHEIMER'S DISEASE-LIKE CHARACTERISTICS IN INDIVIDUALS WITH DOWN SYNDROME - September 12 at 7:13 AM logoGun Stocks Mixed On New NICS Background Numbers - September 11 at 12:23 PM logoHead to Head Analysis: WebMD Health Corp (WBMD) and NIC (EGOV) - September 9 at 10:56 AM logoNIC State Government Partners Win Four of Top Five Inaugural Government Experience Awards - September 7 at 6:17 PM logoUtah Takes First Place in Government Experience Awards - September 7 at 6:17 PM logoWV DMV Showcases New Kiosk at Martinsburg DMV - September 5 at 7:49 PM logoAngel Flight South Central Volunteer Pilots Bring Supplies into Hurricane Harvey Affected Area - September 5 at 2:52 PM logoNIC Inc. (EGOV) Receives Average Recommendation of "Hold" from Brokerages - September 5 at 12:32 PM logo$83.01 Million in Sales Expected for NIC Inc. (EGOV) This Quarter - September 2 at 1:40 AM logoKentucky Governor Introduces Beautify the Bluegrass Initiative - September 1 at 6:29 PM logoNIC Inc. (EGOV) Ex-Dividend Date Scheduled for September 01, 2017 - Nasdaq - August 31 at 11:07 PM logoNIC Inc. (EGOV) Expected to Post Earnings of $0.18 Per Share - August 31 at 10:30 PM logoOnline Domestic LLC Filing Now Available in Alabama for Baldwin County - August 25 at 7:46 PM



NIC (EGOV) Chart for Friday, October, 20, 2017

This page was last updated on 10/20/2017 by Staff

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