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How to buy NIC (EGOV) stocks in Canada

Learn how to easily invest in NIC stocks.

NIC is a software-application business based in the US. NIC stocks (EGOV.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $55.322 – an increase of 0.21% over the previous week. NIC employs 1,025 staff and has a trailing 12-month revenue of around $460.5 million.

How to buy shares in NIC

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – EGOV – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

NIC stock price (NASDAQ:EGOV)

Use our graph to track the performance of EGOV stocks over time.

NIC shares at a glance

Information last updated 2021-06-23.
Latest market close$55.26
52-week range$26.23 - $55.71
50-day moving average $33.91
200-day moving average $28.34
Wall St. target price$30.67
PE ratio 33.6634
Dividend yield $0.36 (1.06%)
Earnings per share (TTM) $1.01

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Is it a good time to buy NIC stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

NIC price performance over time

Historical closes compared with the close of $55.264 from 2021-05-31

1 week (2022-01-11) N/A
1 month (2021-12-18) N/A
3 months (2021-10-18) N/A
6 months (2021-07-18) N/A
1 year (2021-01-22) 85.70%
2 years (2020-01-22) 137.69%
3 years (2019-01-22) 299.60%
5 years (2017-01-20) 118.43%

Is NIC under- or over-valued?

Valuing NIC stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of NIC's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

NIC's P/E ratio

NIC's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 34x. In other words, NIC shares trade at around 34x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

NIC's PEG ratio

NIC's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.36. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into NIC's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.


NIC's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $101.7 million.

The EBITDA is a measure of a NIC's overall financial performance and is widely used to measure a its profitability.

NIC financials

Revenue TTM $460.5 million
Operating margin TTM 18.99%
Gross profit TTM $165.7 million
Return on assets TTM 13.22%
Return on equity TTM 25.45%
Profit margin 14.9%
Book value $4.37
Market capitalisation $2.3 billion

TTM: trailing 12 months

NIC share dividends


Dividend payout ratio: 32.53% of net profits

Recently NIC has paid out, on average, around 32.53% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.06% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), NIC shareholders could enjoy a 1.06% return on their shares, in the form of dividend payments. In NIC's case, that would currently equate to about $0.36 per share.

While NIC's payout ratio might seem fairly standard, it's worth remembering that NIC may be investing much of the rest of its net profits in future growth.

NIC's most recent dividend payout was on 17 March 2021. The latest dividend was paid out to all shareholders who bought their shares by 2 March 2021 (the "ex-dividend date").

NIC share price volatility

Over the last 12 months, NIC's shares have ranged in value from as little as $26.2311 up to $55.71. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while NIC's is 0.2879. This would suggest that NIC's shares are less volatile than average (for this exchange).

NIC 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 in the news

There are no recent company news

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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