Stock Price & Analysis

Analysis and Insights

Recent Price Action and Analyst Sentiment:

Nicolet Bankshares Inc (NIC) closed at $111.51 on March 25, 2025, slightly below the average analyst 12-month target price of $112.80. This indicates the stock is trading near its target, suggesting it may be fairly valued at current levels.

Analyst Updates:

Keefe, Bruyette & Woods recently raised their price target for NIC from $110 to $115, maintaining a Market Perform rating. This indicates cautious optimism, but the stock is already close to the average target price of $112.80, which may limit upside potential.

Technical Analysis:

The stock's Relative Strength Index (RSI) is at 43.32, indicating it is not oversold. The MACD is slightly negative, suggesting some bearish momentum. Fibonacci levels show the stock is near the pivot point of $113.57, with resistance at $117.52 and support at $107.20.

Dividend Considerations:

NIC offers a dividend yield of approximately 2.5%, providing some income stability. However, the stock may face pressure near ex-dividend dates, as seen in historical price movements.

Conclusion:

While NIC is trading near its average target price with some positive analyst sentiment, the lack of significant upside catalysts and its current valuation suggest a neutral stance. Investors may want to wait for further developments or a clearer trend before taking action.

The predicted price for NIC stock in 2025 is $115. This forecast is based on recent analyst upgrades, with Keefe, Bruyette & Woods raising their target price from $110 to $115. The stock has shown strong performance, recently closing at $111.51, and surpassing its average analyst target, indicating positive sentiment and potential for further growth.

The S1 support level for NIC Stock is $109.43 ,The R1 resistant level for NIC Stock is $117.54.

As of the end of day on 2025-03-31, the price of NIC Stock was $107.46.

The target price for NIC Stock according to analyst rating is 122.00, with the highest price target at 131.00 and the lowest at 115.00. Analysts have a Moderate Buy rating on NIC Stock overall.

The market cap of NIC is $1.7B.

Analysis and Insights

To determine if Nicolet Bankshares Inc. (NIC) is overvalued, we analyze its financial metrics and market position.

Valuation Metrics:

NIC's current price is 111.51. Key valuation metrics include:

• PE Ratio: 12.14 (Q4 2024)
• EV/EBITDA: 9.86
• PS Ratio: 5.53
• PB Ratio: 1.26
• Dividend Yield: 1.11%

These metrics indicate NIC is fairly valued, with moderate multiples.

Financial Performance:

• Revenue Growth: Consistently increasing each quarter in 2024, from 73.546M to 85.32M.
• Net Income Growth: Steady rise from 27.79M to 34.48M, showing strong profitability.

Conclusion:

NIC is not overvalued. Its stable financial performance and reasonable valuation metrics suggest it is fairly priced.

Nicolet Bankshares, Inc. is a bank holding company. It conducts operations through its subsidiary, Nicolet National Bank (the Bank), which is a commercial bank. Its business includes lending and deposit gathering, as well as ancillary banking-related products and services, to businesses and individuals of the communities it serves, and the operational support to deliver, fund and manage such banking products and services. Additionally, trust, brokerage, and other investment management services predominantly for individuals and retirement plan services for business customers are offered. It provides business checking and other business deposit products and cash management services, international banking services, business loans, lines of credit, commercial real estate financing, construction loans, agricultural real estate or production loans, and letters of credit, as well as retirement plan services. It also offers automated bill payment, mobile banking deposits and account access.

Nicolet Bankshares Inc (NIC) is expected to reach a stock price of $140 by 2030, driven by steady growth in the banking sector and potential acquisitions. The current price of $111.51 as of March 25, 2025, with a recent analyst target increase to $115, supports this long-term bullish outlook.

NIC has a total of 976 employees.