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JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Semiconductor Giants: Navigating the Recent Pullback
2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding
Breakout Alert: Coinbase's Consolidation Is About To End
3 Key Stocks Helping to Drive the EV Race
Closing prices for crude oil, gold and other commodities
You Can Follow BlackRock’s Market View for Your Money
JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Semiconductor Giants: Navigating the Recent Pullback
2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding
Breakout Alert: Coinbase's Consolidation Is About To End
3 Key Stocks Helping to Drive the EV Race
Closing prices for crude oil, gold and other commodities
You Can Follow BlackRock’s Market View for Your Money
JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Semiconductor Giants: Navigating the Recent Pullback
2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding
Breakout Alert: Coinbase's Consolidation Is About To End
3 Key Stocks Helping to Drive the EV Race
Closing prices for crude oil, gold and other commodities
You Can Follow BlackRock’s Market View for Your Money
JPMorgan Chase Falls 5% as Consumer Cracking Begins to Show
NASDAQ:VRSN

VeriSign (VRSN) Stock Price, News & Analysis

$185.43
-4.35 (-2.29%)
(As of 04/12/2024 ET)
Today's Range
$185.22
$189.33
50-Day Range
$185.43
$201.02
52-Week Range
$185.19
$229.72
Volume
470,888 shs
Average Volume
565,508 shs
Market Capitalization
$18.57 billion
P/E Ratio
23.41
Dividend Yield
N/A
Price Target
$240.50

VeriSign MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
29.7% Upside
$240.50 Price Target
Short Interest
Healthy
1.75% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.52
Upright™ Environmental Score
News Sentiment
0.87mentions of VeriSign in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$3.71 M Sold Last Quarter
Proj. Earnings Growth
7.93%
From $7.82 to $8.44 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.69 out of 5 stars

Computer And Technology Sector

50th out of 598 stocks

Custom Computer Programming Services Industry

4th out of 25 stocks

VRSN stock logo

About VeriSign Stock (NASDAQ:VRSN)

VeriSign, Inc., together with its subsidiaries, provides domain name registry services and internet infrastructure that enables internet navigation for various recognized domain names worldwide. The company enables the security, stability, and resiliency of internet infrastructure and services, including providing root zone maintainer services, operating two of thirteen internet root servers; and offering registration services and authoritative resolution for the .com and .net domains, which supports global e-commerce. It operates directory for .name and .cc; and back-end systems for .edu, domain names. VeriSign, Inc. was incorporated in 1995 and is headquartered in Reston, Virginia.

VRSN Stock Price History

VRSN Stock News Headlines

He Is Giving Away Bitcoin
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
VeriSign (NASDAQ:VRSN) Downgraded by StockNews.com to Hold
He Is Giving Away Bitcoin
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
VeriSign (NASDAQ:VRSN) PT Lowered to $236.00 at Citigroup
Verisign: Smaller Player With No Discount
VRSN Apr 2024 195.000 call
VeriSign Stock (NASDAQ:VRSN) Insider Trades
VeriSign, Inc.
VRSN Mar 2024 200.000 call
VRSN Mar 2024 210.000 call
VRSN Jun 2024 155.000 put
VRSN Apr 2024 190.000 call
VRSN Mar 2024 100.000 put
See More Headlines
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Company Calendar

Last Earnings
2/08/2024
Today
4/12/2024
Next Earnings (Confirmed)
4/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Custom computer programming services
Sub-Industry
Internet Software & Services
Current Symbol
NASDAQ:VRSN
CUSIP
92343E10
Employees
907
Year Founded
1995

Price Target and Rating

Average Stock Price Target
$240.50
High Stock Price Target
$245.00
Low Stock Price Target
$236.00
Potential Upside/Downside
+29.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$817.60 million
Pretax Margin
65.40%

Debt

Sales & Book Value

Annual Sales
$1.49 billion
Cash Flow
$7.38 per share
Book Value
($15.48) per share

Miscellaneous

Free Float
99,952,000
Market Cap
$18.71 billion
Optionable
Optionable
Beta
0.88

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Should I Buy VeriSign Stock? VRSN Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in VeriSign, Inc.:

  • VeriSign, Inc. provides domain name registry services and internet infrastructure, which are essential components of the digital economy, ensuring stability and security for internet navigation.
  • The company operates key internet root servers, offering registration services for major domains like .com and .net, supporting global e-commerce, which indicates a strong position in the market.
  • Recent insider transactions, such as executives selling shares at higher prices, can be seen as a positive sign, showing confidence in the company's future growth potential.
  • VeriSign's stock price has shown resilience and growth, reflecting investor confidence in the company's performance and future prospects.
  • Institutional investors have been increasing their stakes in VeriSign, indicating a favorable outlook on the company's financial health and potential returns.

Cons

Investors should be bearish about investing in VeriSign, Inc. for these reasons:

  • As with any investment, there are inherent risks associated with market fluctuations and changes in the regulatory environment that could impact VeriSign's operations and financial performance.
  • Competition in the domain name registry and internet infrastructure sector is intense, with new entrants and technological advancements posing challenges to VeriSign's market position.
  • While insider transactions can sometimes be positive signals, they can also indicate concerns or uncertainties about the company's future prospects, warranting caution for investors.
  • Market volatility and economic uncertainties can affect VeriSign's stock price, leading to potential short-term fluctuations that may impact investor returns.
  • Investors should carefully consider their investment goals, risk tolerance, and market conditions before making decisions related to VeriSign, Inc., ensuring a well-rounded investment strategy.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, April 9, 2024. Please send any questions or comments about these VeriSign pros and cons to contact@marketbeat.com.

VRSN Stock Analysis - Frequently Asked Questions

Should I buy or sell VeriSign stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for VeriSign in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" VRSN shares.
View VRSN analyst ratings
or view top-rated stocks.

What is VeriSign's stock price target for 2024?

2 equities research analysts have issued 12 month price targets for VeriSign's shares. Their VRSN share price targets range from $236.00 to $245.00. On average, they expect the company's stock price to reach $240.50 in the next year. This suggests a possible upside of 29.7% from the stock's current price.
View analysts price targets for VRSN
or view top-rated stocks among Wall Street analysts.

How have VRSN shares performed in 2024?

VeriSign's stock was trading at $205.96 at the beginning of the year. Since then, VRSN stock has decreased by 10.0% and is now trading at $185.43.
View the best growth stocks for 2024 here
.

When is VeriSign's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024.
View our VRSN earnings forecast
.

How can I listen to VeriSign's earnings call?

VeriSign will be holding an earnings conference call on Thursday, April 25th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were VeriSign's earnings last quarter?

VeriSign, Inc. (NASDAQ:VRSN) issued its quarterly earnings results on Thursday, February, 8th. The information services provider reported $1.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.09. The information services provider earned $380.40 million during the quarter, compared to analyst estimates of $381.01 million. VeriSign had a net margin of 54.74% and a negative trailing twelve-month return on equity of 46.56%.

What guidance has VeriSign issued on next quarter's earnings?

VeriSign issued an update on its FY 2024 earnings guidance on Thursday, February, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.6 billion-$1.6 billion, compared to the consensus revenue estimate of $1.6 billion.

What is D. James Bidzos' approval rating as VeriSign's CEO?

114 employees have rated VeriSign Chief Executive Officer D. James Bidzos on Glassdoor.com. D. James Bidzos has an approval rating of 76% among the company's employees.

What other stocks do shareholders of VeriSign own?

Based on aggregate information from My MarketBeat watchlists, some companies that other VeriSign investors own include NVIDIA (NVDA), Home Depot (HD), Netflix (NFLX), Intel (INTC), Costco Wholesale (COST), Micron Technology (MU), QUALCOMM (QCOM), Advanced Micro Devices (AMD), Cisco Systems (CSCO) and Boeing (BA).

Who are VeriSign's major shareholders?

VeriSign's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Douglas Lane & Associates LLC (0.10%), Los Angeles Capital Management LLC (0.07%), Alaska Permanent Fund Corp (0.04%), Czech National Bank (0.02%), Appleton Partners Inc. MA (0.01%) and Banque Cantonale Vaudoise (0.01%). Insiders that own company stock include D James Bidzos, Danny R Mcpherson, George E Kilguss III, Kathleen A Cote, Medpace Investors, Llc, Thomas C Indelicarto, Thomas F Frist III, Timothy Tomlinson, Todd B Strubbe and Todd B Strubbe.
View institutional ownership trends
.

How do I buy shares of VeriSign?

Shares of VRSN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does VeriSign have any subsidiaries?
The following companies are subsidiares of VeriSign: 1 Global Place, 3united AG, CallVision, Geotrust Europe, H.O. Systems, Illuminet Holdings, Jamba, Kollective Technology, Moreover, Moreover Technologies, Network solution, Signio, SiteRock K.K., Thawte Consulting, UNC-Embratel, Unimobile Inc, inCode Wireless, and m-Qube.
Read More
This page (NASDAQ:VRSN) was last updated on 4/13/2024 by MarketBeat.com Staff

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