NIC (EGOV) Stock Price, News & Analysis

Company Overview

NIC Inc., together with its subsidiaries, provides digital government services and payment solutions that enable governments to use technology to provide various services to businesses and citizens in the United States. The company operates through three segments: State Enterprise, Payments, and TourHealth. Its digital government services consist websites and applications that enable businesses and citizens to access government information through online channels, such as applying for a permit, retrieving government records, filing a government-mandated form or report, and making digital payments. The company's service offerings include business registrations and renewals; court services; driver's license renewal; health professional license services; hunting and fishing licenses; income and property tax payments; limited criminal history searches; motor vehicle driver history record retrieval; motor vehicle inspections; payment processing; prescription drug monitoring; professional license renewal; secretary of state business searches; temporary vehicle tags; uniform commercial code searches and filings; vehicle title, lien, and registration; and vital records. Its software & services business provides SaaS solutions relating to payment processing, healthcare and licensing, COVID-19 testing solutions, software development, and other digital government services under state enterprise contracts to federal, state, and local governments. In addition, the company develops and manages the pre-employment screening program for motor carriers using transaction-based business model. NIC Inc. was founded in 1992 and is headquartered in Olathe, Kansas.

Key Stats

• Today's Range: $34.00 to $34.00
• 50-Day Range: $33.90 to $34.00
• 52-Week Range: $19.24 to $35.35
• Volume: N/A
• Average Volume: 963,405 shs
• Market Capitalization: $2.28 billion
• P/E Ratio: 37.78
• Dividend Yield: 1.06%
• Price Target: N/A
• Consensus Rating: N/A

NIC Stock Analysis - MarketRank™

NIC scored higher than 28% of companies evaluated by MarketBeat, and ranked 529th out of 653 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for NIC.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 1.98%

Earnings Growth

Earnings for NIC are expected to grow by 1.98% in the coming year, from $1.01 to $1.03 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of NIC is 37.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.40.

Price to Earnings Ratio vs. Sector

The P/E ratio of NIC is 37.78, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 237.90.

Price to Book Value per Share Ratio

NIC has a P/B Ratio of 9.26. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for EGOV.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

NIC pays a meaningful dividend of 1.06%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

NIC does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of NIC is 46.75%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, NIC will have a dividend payout ratio of 34.95% next year. This indicates that NIC will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.4 / 5
• Environmental Score: -0.76

Short Interest

There is no current short interest data available for EGOV.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: 0.00

News Coverage This Week

MarketBeat has tracked 3 news articles for NIC this week, compared to 7 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, NIC insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.70% of the stock of NIC is held by insiders.

Percentage Held by Institutions

89.70% of the stock of NIC is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

EGOV Stock Analysis - Frequently Asked Questions

How were NIC's earnings last quarter?

NIC Inc. (NASDAQ:EGOV) released its quarterly earnings data on Wednesday, February, 10th. The software maker reported $0.26 EPS for the quarter, topping analysts' consensus estimates of $0.25 by $0.01. The company's quarterly revenue was up 62.1% compared to the same quarter last year.

What other stocks do shareholders of NIC own?

Based on aggregate information from My MarketBeat watchlists, some other companies that NIC investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Athabasca Oil (ATH), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW) and ALJ Regional (ALJJ).

Company Calendar

• Last Earnings: 2/10/2021
• Today: 12/21/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Business Services
• Sub-Industry: Internet Software & Services
• Current Symbol: NASDAQ:EGOV
• CUSIP: 62914B10
• CIK: 1065332
• Web: www.egov.com
• Phone: 877-234-3468
• Fax: N/A
• Employees: 1,025
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.77
• Trailing P/E Ratio: 37.78
• Forward P/E Ratio: 33.66
• P/E Growth: N/A
• Net Income: $50.43 million
• Net Margins: 14.94%
• Pretax Margin: N/A
• Return on Equity: 23.51%
• Return on Assets: 15.34%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.63
• Quick Ratio: 2.63

Sales & Book Value

• Annual Sales: $354.20 million
• Price / Sales: 6.45
• Cash Flow: $1.21 per share
• Price / Cash Flow: 28.02
• Book Value: $3.67 per share
• Price / Book: 9.26

Miscellaneous

• Outstanding Shares: 67,193,000
• Free Float: N/A
• Market Cap: $2.28 billion
• Optionable: Optionable
• Beta: 0.27