VeriSign, Inc. provides domain name registry services and Internet security worldwide. The company offers registry services that operate the authoritative directory of .com, .net, .cc, .tv, .gov, .jobs, .edu, .name, and other domain names. Its registry services allow individuals and organizations to establish their online identities. The company also provides infrastructure assurance services, including distributed denial of service protection and managed domain name system services. It serves financial institutions, software-as-a-service providers, e-commerce providers, and media companies through direct sales and indirect channels. The company was founded in 1995 and is headquartered in Reston, Virginia.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Custom computer programming services
Sub-IndustryInternet Software & Services
SectorComputer and Technology
Current SymbolNASDAQ:VRSN
Previous Symbol
CUSIP92343E10
Phone703-948-3200
Debt
Debt-to-Equity RatioN/A
Current Ratio1.35
Quick Ratio1.35
Price-To-Earnings
Trailing P/E Ratio37.73
Forward P/E Ratio35.23
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.17 billion
Price / Sales15.97
Cash Flow$5.1454 per share
Price / Cash Flow29.92
Book Value($12.79) per share
Price / Book-12.04
Profitability
EPS (Most Recent Fiscal Year)$3.68
Net Income$457.24 million
Net Margins41.82%
Return on Equity-38.09%
Return on Assets20.84%
Miscellaneous
Employees952
Outstanding Shares120,890,000
Market Cap$18.61 billion
OptionableOptionable
Verisign (NASDAQ:VRSN) Frequently Asked Questions
What is Verisign's stock symbol?
Verisign trades on the NASDAQ under the ticker symbol "VRSN."
How will Verisign's stock buyback program work?
Verisign announced that its Board of Directors has initiated a share repurchase plan on Saturday, February 10th 2018, which authorizes the company to repurchase $586,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board believes its stock is undervalued.
How were Verisign's earnings last quarter?
Verisign, Inc. (NASDAQ:VRSN) posted its quarterly earnings data on Thursday, October, 25th. The information services provider reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.10 by $0.13. The information services provider earned $305.78 million during the quarter, compared to analyst estimates of $305.25 million. Verisign had a net margin of 41.82% and a negative return on equity of 38.09%. View Verisign's Earnings History.
When is Verisign's next earnings date?
What price target have analysts set for VRSN?
4 Wall Street analysts have issued 1 year target prices for Verisign's stock. Their forecasts range from $155.00 to $170.00. On average, they anticipate Verisign's share price to reach $160.00 in the next twelve months. This suggests a possible upside of 3.9% from the stock's current price. View Analyst Price Targets for Verisign.
What is the consensus analysts' recommendation for Verisign?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Verisign in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Verisign.
Has Verisign been receiving favorable news coverage?
Media coverage about VRSN stock has trended somewhat positive on Monday, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Verisign earned a news impact score of 0.8 on InfoTrie's scale. They also gave media stories about the information services provider a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future.
Who are some of Verisign's key competitors?
Some companies that are related to Verisign include Infosys (INFY), Cognizant Technology Solutions (CTSH), Wipro (WIT), NTT DATA CORP/ADR (NTDTY), Amdocs (DOX), Obic (OBIIF), EPAM Systems (EPAM), Aspen Technology (AZPN), GEMALTO NV/S (GTOMY), Zscaler (ZS), Sogou (SOGO), Virtusa (VRTU), Endava (DAVA), PROS (PRO) and Luxoft (LXFT).
Who are Verisign's key executives?
Verisign's management team includes the folowing people:
- Mr. D. James Bidzos, Founder, Exec. Chairman, Pres & CEO (Age 63)
- Mr. George E. Kilguss III, Exec. VP & CFO (Age 57)
- Mr. Todd B. Strubbe, Exec. VP & COO (Age 55)
- Mr. Thomas C. Indelicarto, Exec. VP, Gen. Counsel & Sec. (Age 54)
- Dr. Burt Kaliski Jr., Sr. VP & CTO
Who are Verisign's major shareholders?
Verisign's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.40%), BlackRock Inc. (7.14%), Renaissance Technologies LLC (5.82%), Capital International Investors (5.12%), Capital World Investors (2.94%) and First Trust Advisors LP (1.50%). Company insiders that own Verisign stock include Kathleen A Cote and Timothy Tomlinson. View Institutional Ownership Trends for Verisign.
Which institutional investors are selling Verisign stock?
VRSN stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, JPMorgan Chase & Co., JPMorgan Chase & Co., Bank of Montreal Can, Standard Life Aberdeen plc, Standard Life Aberdeen plc, Massachusetts Financial Services Co. MA and Chicago Equity Partners LLC. View Insider Buying and Selling for Verisign.
Which institutional investors are buying Verisign stock?
VRSN stock was bought by a variety of institutional investors in the last quarter, including Capital International Investors, Vanguard Group Inc., Prudential Financial Inc., Deutsche Bank AG, BlackRock Inc., WINTON GROUP Ltd, Wells Fargo & Company MN and AQR Capital Management LLC. View Insider Buying and Selling for Verisign.
How do I buy shares of Verisign?
Shares of VRSN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Verisign's stock price today?
One share of VRSN stock can currently be purchased for approximately $153.95.
How big of a company is Verisign?
Verisign has a market capitalization of $18.61 billion and generates $1.17 billion in revenue each year. The information services provider earns $457.24 million in net income (profit) each year or $3.68 on an earnings per share basis. Verisign employs 952 workers across the globe.
What is Verisign's official website?
How can I contact Verisign?
Verisign's mailing address is 12061 Bluemont Way, Reston VA, 20190. The information services provider can be reached via phone at 703-948-3200 or via email at [email protected]
MarketBeat Community Rating for Verisign (NASDAQ VRSN)
MarketBeat's community ratings are surveys of what our community members think about Verisign and other stocks. Vote "Outperform" if you believe VRSN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VRSN will underperform the S&P 500 over the long term. You may vote once every thirty days.
