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NIC Stock Price, News & Analysis (NASDAQ:EGOV)

$21.14
+0.15 (+0.71 %)
(As of 10/18/2019 04:51 AM ET)
Today's Range
$21.00
Now: $21.14
$21.35
50-Day Range
$20.10
MA: $20.73
$21.75
52-Week Range
$11.76
Now: $21.14
$23.45
Volume286,500 shs
Average Volume397,262 shs
Market Capitalization$1.42 billion
P/E Ratio24.02
Dividend Yield1.52%
Beta0.87
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$1.06 per share
Book Value$3.18 per share

Profitability

Net Income$58.27 million

Miscellaneous

Employees920
Market Cap$1.42 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. Stockholders of record on Friday, September 6th will be paid a dividend of $0.08 per share on Friday, September 20th. This represents a $0.32 annualized dividend and a dividend yield of 1.51%. 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 of Directors has initiated a stock repurchase 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 reacquire shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's management believes its shares are undervalued.

How were NIC's earnings last quarter?

NIC Inc. (NASDAQ:EGOV) posted its earnings results on Wednesday, July, 31st. The software maker reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.03. The software maker earned $91.60 million during the quarter, compared to analysts' expectations of $86.45 million. NIC had a net margin of 15.10% and a return on equity of 24.45%. The company's quarterly revenue was down 1.0% on a year-over-year basis. During the same quarter 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 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 EPS 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 brokerages have issued 1 year price objectives for NIC's stock. Their forecasts range from $16.00 to $26.00. On average, they anticipate NIC's stock price to reach $21.00 in the next year. This suggests that the stock has a possible downside of 0.7%. 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 1 hold rating and 2 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 headlines about EGOV stock have been trending somewhat negative recently, InfoTrie Sentiment reports. The research firm ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. NIC earned a news sentiment score of -1.9 on InfoTrie's scale. They also gave media stories about the software maker a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for NIC.

Are investors shorting NIC?

NIC saw a increase in short interest during the month of September. As of September 15th, there was short interest totalling 1,320,000 shares, an increase of 9.1% from the August 15th total of 1,210,000 shares. Based on an average daily volume of 444,600 shares, the short-interest ratio is presently 3.0 days. Approximately 2.1% 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 many different of institutional and retail investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (0.31%), State of Alaska Department of Revenue (0.08%), Envestnet Asset Management Inc. (0.02%), Fox Run Management L.L.C. (0.02%), Robeco Institutional Asset Management B.V. (0.02%) and Leonard Rickey Investment Advisors P.L.L.C. (0.02%). Company insiders that own NIC stock include Stephen M Kovzan and William M Lyons. 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 Leonard Rickey Investment Advisors P.L.L.C.. 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 institutional investors are buying NIC stock?

EGOV stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Dalton Greiner Hartman Maher & Co., Envestnet Asset Management Inc., Fox Run Management L.L.C. and Robeco Institutional Asset Management B.V.. 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 $21.14.

How big of a company is NIC?

NIC has a market capitalization of $1.42 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:  325 (Vote Outperform)
Underperform Votes:  443 (Vote Underperform)
Total Votes:  768
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 10/18/2019 by MarketBeat.com Staff

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