NIC (EGOV) Given Daily Media Sentiment Rating of 0.23

News stories about NIC (NASDAQ:EGOV) have trended somewhat positive recently, Accern reports. Accern scores the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. NIC earned a coverage optimism score of 0.23 on Accern’s scale. Accern also assigned media coverage about the software maker an impact score of 45.1924196160465 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:

Shares of NIC (NASDAQ:EGOV) opened at $16.95 on Wednesday. The company has a market cap of $1,120.00, a P/E ratio of 20.67, a price-to-earnings-growth ratio of 2.18 and a beta of 0.38. NIC has a 12 month low of $15.45 and a 12 month high of $25.70.

NIC (NASDAQ:EGOV) last released its earnings results on Wednesday, November 1st. The software maker reported $0.21 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.18 by $0.03. The firm had revenue of $84.53 million during the quarter, compared to analysts’ expectations of $83.55 million. NIC had a net margin of 16.42% and a return on equity of 36.89%. NIC’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.24 EPS. analysts predict that NIC will post 0.79 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 19th. Shareholders of record on Tuesday, December 5th were paid a $0.08 dividend. The ex-dividend date of this dividend was Monday, December 4th. This represents a $0.32 annualized dividend and a yield of 1.89%. NIC’s payout ratio is currently 39.02%.

A number of research analysts have recently weighed in on the stock. Zacks Investment Research raised shares of NIC from a “hold” rating to a “buy” rating and set a $20.00 price objective for the company in a research note on Monday. Maxim Group reissued a “hold” rating and set a $16.00 price objective on shares of NIC in a research note on Thursday, November 2nd. Finally, DA Davidson reaffirmed a “neutral” rating and issued a $18.00 target price on shares of NIC in a research note on Wednesday, September 20th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $19.43.

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NIC Company Profile

NIC Inc is a provider of digital government services that help governments use technology to provide services to businesses and citizens. The Company operates through Outsourced Portals segment. The Company offers its services through two channels: primary outsourced portal businesses, and software and services businesses.

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