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.
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Industry, Sector and Symbol
Industry Management consulting services
Sub-IndustryInternet Software & Services
SectorComputer and Technology
Phone877-234-3468
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$344.90 million
Profitability
Miscellaneous
Employees920
Next Earnings Date11/7/2019 (Estimated)
OptionableOptionable
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 announced a quarterly dividend on Monday, July 29th. Stockholders 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 annualized dividend and a dividend yield of 1.56%. The ex-dividend date of this dividend is Thursday, September 5th. View NIC's Dividend History.
How will NIC's stock buyback program work?
NIC declared that its board has approved a stock repurchase plan on Friday, March 9th 2018, which authorizes the company to buyback $25,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company's leadership believes its stock is undervalued.
How were NIC's earnings last quarter?
NIC Inc. (NASDAQ:EGOV) announced its quarterly earnings data on Wednesday, July, 31st. The software maker reported $0.21 EPS for the quarter, topping the Zacks' consensus estimate of $0.18 by $0.03. The software maker had revenue of $91.60 million for the quarter, compared to analysts' expectations of $86.45 million. NIC had a return on equity of 24.45% and a net margin of 15.10%. The firm's quarterly revenue was down 1.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.25 EPS. View NIC's Earnings History.
When is NIC's next earnings date?
What guidance has NIC issued on next quarter's earnings?
NIC issued an update on its FY19 earnings guidance on Wednesday, July, 31st. The company provided earnings per share (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 equities research analysts have issued 1 year price objectives for NIC's shares. Their predictions range from $16.00 to $26.00. On average, they expect NIC's stock price to reach $21.00 in the next twelve months. This suggests a possible upside of 2.3% from the stock's current price. 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 coverage about EGOV stock has been trending negative recently, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. NIC earned a news impact score of -2.3 on InfoTrie's scale. They also assigned press coverage about the software maker a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for NIC.
Are investors shorting NIC?
NIC saw a decline in short interest in July. As of July 31st, there was short interest totalling 2,507,700 shares, a decline of 6.6% from the June 30th total of 2,686,300 shares. Based on an average daily volume of 403,500 shares, the days-to-cover ratio is currently 6.2 days. Currently, 4.0% of the shares of the stock are short sold. View NIC's Current Options Chain.
Who are some of NIC's key competitors?
Some companies that are related to NIC include FTI Consulting (FCN), Exponent (EXPO), ICF International (ICFI), Huron Consulting Group (HURN), RMR Group (RMR), Navigant Consulting (NCI), Gopher Protocol (GOPH), Apollo Medical (AMEH), The Hackett Group (HCKT), Blackrock Capital Investment (BKCC), Avalon Globocare (AVCO), ATIF (ATIF), Information Services Group (III), China Internet Nationwide Fncl Srvcs (CIFS) and Wilhelmina International (WHLM).
What other stocks do shareholders of NIC own?
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 many different of institutional and retail 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%). View Institutional Ownership Trends for NIC.
Which institutional 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.. View Insider Buying and Selling for NIC.
Which institutional 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., Hussman Strategic Advisors Inc., Ontario Teachers Pension Plan Board and Bowling Portfolio Management LLC. 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, Scottrade, Fidelity and Charles Schwab.
What is NIC's stock price today?
One share of EGOV stock can currently be purchased for approximately $20.52.
How big of a company is NIC?
NIC has a market capitalization of $1.37 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?
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)
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.
