NYSE:NIC

Nicolet Bankshares (NIC) Stock Forecast, Price & News

$67.98

+0.04 (+0.06%)

(As of 09/22/2023 ET)

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Today's Range: $67.50
▼
$68.34
50-Day Range: $67.94
▼
$85.08
52-Week Range: $51.76
▼
$85.20

Volume: 26,938 shs
Average Volume: 31,148 shs
Market Capitalization: $1.00 billion

P/E Ratio: 16.91
Dividend Yield: 1.47%
Price Target: $82.50

Nicolet Bankshares MarketRank™ Forecast

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 21.4% Upside
$82.50 Price Target
Short Interest: Bearish
3.38% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$360,730 Sold Last Quarter
Proj. Earnings Growth: 2.93%
From $6.14 to $6.32 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.92 out of 5 stars

Finance Sector

661st out of 847 stocks

National Commercial Banks Industry

73rd out of 84 stocks

2.0

Analyst's Opinion

Consensus Rating
Nicolet Bankshares has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $82.50, Nicolet Bankshares has a forecasted upside of 21.4% from its current price of $67.98.
Amount of Analyst Coverage
Nicolet Bankshares has only been the subject of 2 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
3.38% of the float of Nicolet Bankshares has been sold short.
Short Interest Ratio / Days to Cover
Nicolet Bankshares has a short interest ratio ("days to cover") of 9.8.
Change versus previous month
Short interest in Nicolet Bankshares has recently increased by 12.48%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
Nicolet Bankshares pays a meaningful dividend of 1.47%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Nicolet Bankshares does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Nicolet Bankshares is 24.88%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Nicolet Bankshares will have a dividend payout ratio of 15.82% next year. This indicates that Nicolet Bankshares will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NIC.

0.6

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for Nicolet Bankshares this week, compared to 0 articles on an average week.
MarketBeat Follows
1 people have added Nicolet Bankshares to their MarketBeat watchlist in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Nicolet Bankshares insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $360,730.00 in company stock.
Percentage Held by Insiders
18.10% of the stock of Nicolet Bankshares is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
42.48% of the stock of Nicolet Bankshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Nicolet Bankshares are expected to grow by 2.93% in the coming year, from $6.14 to $6.32 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Nicolet Bankshares is 16.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 108.90.
Price to Earnings Ratio vs. Sector
The P/E ratio of Nicolet Bankshares is 16.91, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 64.84.
Price to Book Value per Share Ratio
Nicolet Bankshares has a P/B Ratio of 1.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Nicolet Bankshares (NYSE:NIC) Stock

Nicolet Bankshares, Inc. operates as the bank holding company for Nicolet National Bank that provides banking products and services for businesses and individuals in Wisconsin and Michigan. The company accepts checking, savings, and money market accounts; various certificates of deposit; and individual retirement accounts. It also offers commercial loans, including commercial, industrial, and business loans and lines of credit; commercial real estate loans; agricultural (AG) production and AG real estate loans; commercial real estate investment real estate loans; construction and land development loans; residential real estate loans, such as residential first lien and junior lien mortgages, home equity loans, lines of credit, and residential construction loans; and consumer loans. In addition, the company provides cash management, international banking, personal brokerage, safe deposit boxes, and trust and fiduciary services, as well as wealth management and retirement plan services. Further, it offers mortgage refinancing; online services, such as commercial, retail, and trust online banking; automated bill payment, mobile banking deposits and account access, and remote deposit capture services; and other services consisting of wire transfers, debit cards, credit cards, pre-paid gift cards, direct deposits, and official bank checks, as well as facilitates crop insurance products. The company was formerly known as Green Bay Financial Corporation and changed its name to Nicolet Bankshares, Inc. in March 2002. Nicolet Bankshares, Inc. was incorporated in 2000 and is headquartered in Green Bay, Wisconsin.

NIC Price History

30 days | 90 days | 365 days | Advanced Chart

NIC Stock News Headlines

August 26, 2023 | finance.yahoo.com

Nicolet Bankshares, Inc. (NYSE:NIC) Passed Our Checks, And It's About To Pay A US$0.25 Dividend

August 15, 2023 | finance.yahoo.com

NICOLET BANKSHARES, INC. DECLARES CASH DIVIDEND TO SHAREHOLDERS

September 24, 2023 | Altimetry (Ad)

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August 14, 2023 | benzinga.com

Nicolet Bankshares Recent Insider Activity

August 2, 2023 | finance.yahoo.com

Nicolet Bankshares (NYSE:NIC) jumps 6.4% this week, though earnings growth is still tracking behind five-year shareholder returns

July 19, 2023 | markets.businessinsider.com

KBW Gives a Hold Rating to Nicolet Bankshares (NIC)

July 18, 2023 | finance.yahoo.com

Nicolet Bankshares (NIC) Tops Q2 Earnings and Revenue Estimates

July 18, 2023 | finance.yahoo.com

NICOLET BANKSHARES, INC. ANNOUNCES SECOND QUARTER 2023 RESULTS

September 24, 2023 | Stansberry Research (Ad)

Experts: NVIDIA Now "Too Big to Succeed"

Several of the market’s top analysts are sounding the alarm that NVIDIA’s share price may have reached its breaking point.

July 11, 2023 | finance.yahoo.com

Earnings Preview: Nicolet Bankshares (NIC) Q2 Earnings Expected to Decline

June 22, 2023 | finance.yahoo.com

KBRA Affirms Ratings for Nicolet Bankshares, Inc.

June 19, 2023 | finance.yahoo.com

Nicolet Bankshares Insiders Placed Bullish Bets Worth US$934k \

See More Headlines

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NIC Company Calendar

Last Earnings: 7/18/2023
Ex-Dividend for 9/15 Dividend: 8/31/2023
Dividend Payable: 9/15/2023
Today: 9/24/2023
Next Earnings (Estimated): 10/24/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Banks—Regional
Sub-Industry: N/A
Sector: Financial Services
Current Symbol: NYSE:NIC
CUSIP: N/A
CIK: 1174850
Web: www.nicoletbank.com
Phone: (920) 430-1400
Fax: N/A
Employees: 943
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $82.50
High Stock Price Forecast: $95.00
Low Stock Price Forecast: $70.00
Forecasted Upside/Downside: +21.4%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.02
Trailing P/E Ratio: 16.91
Forward P/E Ratio: 11.07
P/E Growth: N/A
Net Income: $94.26 million
Net Margins: 16.67%
Pretax Margin: 22.11%
Return on Equity: 10.12%
Return on Assets: 1.13%

Debt

Debt-to-Equity Ratio: 0.20
Current Ratio: 0.93
Quick Ratio: 0.93

Sales & Book Value

Annual Sales: $331.84 million
Price / Sales: 3.02
Cash Flow: $8.26 per share
Price / Cash Flow: 8.23
Book Value: $66.26 per share
Price / Book: 1.03

Miscellaneous

Outstanding Shares: 14,740,000
Free Float: 12,072,000
Market Cap: $1.00 billion
Optionable: Optionable
Beta: 0.76

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Key Executives

Mr. Robert B. Atwell (Age 66)
Exec. Chairman
Comp: $1.4M

Mr. Michael E. Daniels (Age 59)
Pres, CEO & Director
Comp: $1.83M

Mr. H. Phillip Moore Jr. (Age 62)
Chief Financial Officer
Comp: $975.18k

Mr. Eric James Witczak (Age 52)
Exec. VP & Sec.
Comp: $811.57k

Mr. Eric P. Radzak (Age 44)
Corp. Devel. Officer & Investor Relations

Mr. Jeff Gahnz
VP of Marketing & PR

Mr. Patrick Joseph Madson CFP (Age 42)
SVP of Wealth Management - Nicolet National Bank

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

NIC Stock - Frequently Asked Questions

Should I buy or sell Nicolet Bankshares stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nicolet Bankshares in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" NIC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NIC, but not buy additional shares or sell existing shares.
View NIC analyst ratings or view top-rated stocks.
What is Nicolet Bankshares' stock price forecast for 2023?: 2 Wall Street research analysts have issued 12-month price targets for Nicolet Bankshares' shares. Their NIC share price forecasts range from $70.00 to $95.00. On average, they predict the company's stock price to reach $82.50 in the next year. This suggests a possible upside of 21.4% from the stock's current price.
View analysts price targets for NIC or view top-rated stocks among Wall Street analysts.
How have NIC shares performed in 2023?: Nicolet Bankshares' stock was trading at $79.79 at the start of the year. Since then, NIC shares have decreased by 14.8% and is now trading at $67.98.
View the best growth stocks for 2023 here.
When is Nicolet Bankshares' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023.
View our NIC earnings forecast.
How were Nicolet Bankshares' earnings last quarter?: Nicolet Bankshares, Inc. (NYSE:NIC) announced its earnings results on Tuesday, July, 18th. The company reported $1.53 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.46 by $0.07. The firm earned $108.90 million during the quarter, compared to analysts' expectations of $75.80 million. Nicolet Bankshares had a trailing twelve-month return on equity of 10.12% and a net margin of 16.67%.
How often does Nicolet Bankshares pay dividends? What is the dividend yield for Nicolet Bankshares?: Nicolet Bankshares declared a quarterly dividend on Tuesday, August 15th. Stockholders of record on Friday, September 1st will be paid a dividend of $0.25 per share on Friday, September 15th. This represents a $1.00 annualized dividend and a yield of 1.47%. The ex-dividend date of this dividend is Thursday, August 31st.
Read our dividend analysis for NIC.
What ETFs hold Nicolet Bankshares' stock?: ETFs with the largest weight of Nicolet Bankshares (NYSE:NIC) stock in their portfolio include SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV) and iShares Micro-Cap ETF (IWC).IQ Chaikin U.S. Small Cap ETF (CSML).

Is Nicolet Bankshares a good dividend stock?: Nicolet Bankshares (NYSE:NIC) pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.47%. The dividend payout ratio is 24.88%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NIC will have a dividend payout ratio of 15.82% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NIC.
What is Nicolet Bankshares' stock symbol?: Nicolet Bankshares trades on the New York Stock Exchange (NYSE) under the ticker symbol "NIC."
Who are Nicolet Bankshares' major shareholders?: Nicolet Bankshares' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (6.54%), Dimensional Fund Advisors LP (3.40%), The Manufacturers Life Insurance Company (2.71%), State Street Corp (2.28%), Alliancebernstein L.P. (2.24%) and Geode Capital Management LLC (1.75%). Insiders that own company stock include Brad Vincent Hutjens, Christopher J Ghidorzi, Hector Colon, Hubert Phillip Moore Jr, John Nicholas Dykema, Lynn Dale Davis, Patrick Joseph Madson, Robert Bruce Atwell and Susan L Merkatoris.
View institutional ownership trends.
How do I buy shares of Nicolet Bankshares?: Shares of NIC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Nicolet Bankshares' stock price today?: One share of NIC stock can currently be purchased for approximately $67.98.
How much money does Nicolet Bankshares make?: Nicolet Bankshares (NYSE:NIC) has a market capitalization of $1.00 billion and generates $331.84 million in revenue each year. The company earns $94.26 million in net income (profit) each year or $4.02 on an earnings per share basis.
How many employees does Nicolet Bankshares have?: The company employs 943 workers across the globe.
How can I contact Nicolet Bankshares?: Nicolet Bankshares' mailing address is 111 N WASHINGTON ST, GREEN BAY WI, 54301. The official website for the company is www.nicoletbank.com. The company can be reached via phone at (920) 430-1400 or via email at ir@nicoletbank.com.

This page (NYSE:NIC) was last updated on 9/24/2023 by MarketBeat.com Staff

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