Nicolet Bankshares Inc. (NYSE:NIC) Stock Has Average Price Target of $183.00

Posted by on Oct 6th, 2026

Shares of Nicolet Bankshares Inc. (NYSE:NIC – Get Free Report) have received a consensus recommendation of “Moderate Buy” from the seven brokerages that are presently covering the company, Marketbeat reports. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $183.00.

Several equities research analysts recently issued reports on the company. Zacks Research upgraded Nicolet Bankshares from a “strong sell” rating to a “hold” rating in a report on Monday, June 22nd. Raymond James Financial assumed coverage on Nicolet Bankshares in a research report on Tuesday, June 23rd. They issued a “market perform” rating on the stock. Weiss Ratings upgraded Nicolet Bankshares from a “buy (b+)” rating to a “buy (a)” rating in a research report on Monday, September 14th. Piper Sandler set a $194.00 price objective on Nicolet Bankshares in a research note on Wednesday, July 22nd. Finally, Keefe, Bruyette & Woods increased their price objective on Nicolet Bankshares from $175.00 to $185.00 and gave the company an “outperform” rating in a research note on Thursday, July 23rd.

View Our Latest Report on Nicolet Bankshares

Insider Activity

In other news, EVP Eric Witczak sold 1,215 shares of the firm’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $167.89, for a total value of $203,986.35. Following the transaction, the executive vice president directly owned 33,630 shares of the company’s stock, valued at approximately $5,646,140.70. This trade represents a 3.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Robert Atwell sold 2,662 shares of the business’s stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $170.24, for a total transaction of $453,178.88. Following the transaction, the director owned 34,483 shares in the company, valued at $5,870,385.92. The trade was a 7.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 4,219 shares of company stock worth $715,976. Insiders own 7.20% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Squarepoint Ops LLC increased its stake in Nicolet Bankshares by 0.7% during the second quarter. Squarepoint Ops LLC now owns 16,960 shares of the company’s stock worth $2,805,000 after purchasing an additional 119 shares during the period. Smith Group Asset Management LLC lifted its position in shares of Nicolet Bankshares by 9.3% during the first quarter. Smith Group Asset Management LLC now owns 2,230 shares of the company’s stock worth $331,000 after purchasing an additional 189 shares in the last quarter. KBC Group NV boosted its stake in shares of Nicolet Bankshares by 42.5% in the first quarter. KBC Group NV now owns 842 shares of the company’s stock valued at $125,000 after purchasing an additional 251 shares during the period. EverSource Wealth Advisors LLC boosted its stake in shares of Nicolet Bankshares by 82.1% in the first quarter. EverSource Wealth Advisors LLC now owns 630 shares of the company’s stock valued at $94,000 after purchasing an additional 284 shares during the period. Finally, Sequoia Financial Advisors LLC grew its holdings in shares of Nicolet Bankshares by 4.6% in the first quarter. Sequoia Financial Advisors LLC now owns 7,300 shares of the company’s stock valued at $1,085,000 after purchasing an additional 320 shares in the last quarter. 43.06% of the stock is currently owned by institutional investors and hedge funds.

Nicolet Bankshares Stock Performance

NIC opened at $164.93 on Friday. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.04. The company has a market cap of $3.46 billion, a price-to-earnings ratio of 18.72 and a beta of 0.64. Nicolet Bankshares has a 52-week low of $114.11 and a 52-week high of $180.00. The firm’s fifty day simple moving average is $170.79 and its two-hundred day simple moving average is $158.10.

Nicolet Bankshares (NYSE:NIC – Get Free Report) last announced its earnings results on Tuesday, July 21st. The company reported $2.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.85 by $0.14. Nicolet Bankshares had a net margin of 21.77% and a return on equity of 11.36%. The business had revenue of $177.75 million for the quarter, compared to analyst estimates of $171.93 million. Equities analysts anticipate that Nicolet Bankshares will post 12.21 earnings per share for the current fiscal year.

Nicolet Bankshares Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were given a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Tuesday, September 1st. Nicolet Bankshares’s dividend payout ratio is 16.35%.

Nicolet Bankshares Company Profile

(Get Free Report)

Nicolet Bankshares, Inc is the bank holding company for Nicolet National Bank, a community-focused financial institution headquartered in Green Bay, Wisconsin. Founded in 2000, Nicolet National Bank serves businesses, individuals, families and communities through a network of locations primarily in Wisconsin and portions of Michigan.

The bank provides commercial and small-business banking services, including business checking and savings accounts, commercial loans, lines of credit, equipment financing, treasury management and cash-management solutions.

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Analyst Recommendations for Nicolet Bankshares (NYSE:NIC)

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