NASDAQ:EGOV - NIC Stock Price, News, & Analysis

$16.05
-0.06 (-0.37 %)
(As of 06/14/2019 04:00 PM ET)
Today's Range
$15.9612
Now: $16.05
$16.30
50-Day Range
$15.69
MA: $16.52
$17.51
52-Week Range
$11.76
Now: $16.05
$18.05
Volume283,403 shs
Average Volume290,043 shs
Market Capitalization$1.07 billion
P/E Ratio18.24
Dividend Yield1.99%
Beta0.99
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$1.0184 per share
Book Value$3.18 per share

Profitability

Net Income$58.27 million

Miscellaneous

Employees920
Market Cap$1.07 billion
Next Earnings Date8/7/2019 (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 announced a quarterly dividend on Wednesday, May 15th. Investors of record on Tuesday, June 11th will be given a dividend of $0.08 per share on Tuesday, June 25th. This represents a $0.32 annualized dividend and a yield of 1.99%. The ex-dividend date is Monday, June 10th. View NIC's Dividend History.

How will NIC's stock buyback program work?

NIC announced that its Board of Directors has authorized a stock buyback program on Friday, March 9th 2018, which allows the company to buyback $25,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company's board believes its shares are undervalued.

How were NIC's earnings last quarter?

NIC Inc. (NASDAQ:EGOV) announced its quarterly earnings results on Monday, May, 6th. The software maker reported $0.19 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.17 by $0.02. The software maker earned $85.20 million during the quarter, compared to analysts' expectations of $82.07 million. NIC had a return on equity of 26.73% and a net margin of 15.80%. The firm's revenue for the quarter was down 1.7% compared to the same quarter last year. During the same period last year, the company earned $0.23 earnings per share. View NIC's Earnings History.

When is NIC's next earnings date?

NIC is scheduled to release their next quarterly earnings announcement on Wednesday, August 7th 2019. View Earnings Estimates for NIC.

What price target have analysts set for EGOV?

4 equities research analysts have issued 12 month price objectives for NIC's stock. Their predictions range from $16.00 to $26.00. On average, they expect NIC's stock price to reach $20.00 in the next twelve months. This suggests a possible upside of 24.6% from the stock's current price. View Analyst Price Targets for NIC.

What is the consensus analysts' recommendation for NIC?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NIC in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for NIC.

What are Wall Street 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. " (6/4/2019)
  • 2. Barrington Research analysts commented, "We are increasing our 2019 EPS estimate to $0.72 from $0.69 reflecting the commencement of the Recreation.Gov contract in October of this year. We have a MARKET PERFORM investment rating on the shares." (8/6/2018)

Has NIC been receiving favorable news coverage?

News articles about EGOV stock have trended somewhat negative this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. NIC earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave media headlines about the software maker a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for NIC.

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 institutional and retail investors. Top institutional investors include BlackRock Inc. (15.19%), FMR LLC (3.44%), Dimensional Fund Advisors LP (3.37%), Goldman Sachs Group Inc. (1.82%), BTIM Corp. (1.72%) and Geode Capital Management LLC (1.31%). 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 Marshall Wace LLP, Marshall Wace LLP, FMR LLC, Morgan Stanley, Spark Investment Management LLC, State Board of Administration of Florida Retirement System, Financial Counselors Inc. and Burney Co.. View Insider Buying and Selling for NIC.

Which major investors are buying NIC stock?

EGOV stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Weybosset Research & Management LLC, JPMorgan Chase & Co., AJO LP, Goldman Sachs Group Inc., BlackRock Inc., Freestone Capital Holdings LLC and 361 Capital 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 $16.05.

How big of a company is NIC?

NIC has a market capitalization of $1.07 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:  310 (Vote Outperform)
Underperform Votes:  421 (Vote Underperform)
Total Votes:  731
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 6/15/2019 by MarketBeat.com Staff

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