NASDAQ:VRSN - Verisign Stock Price, Forecast & News

Verisign trades on the NASDAQ under the ticker symbol "VRSN."

Verisign announced that its Board of Directors has approved a share buyback plan on Saturday, February 10th 2018, which permits the company to repurchase $586,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's leadership believes its shares are undervalued.

Verisign, Inc. (NASDAQ:VRSN) announced its quarterly earnings data on Thursday, October, 24th. The information services provider reported $1.36 EPS for the quarter, beating the consensus estimate of $1.31 by $0.05. The information services provider had revenue of $308.42 million for the quarter, compared to analyst estimates of $308.34 million. Verisign had a net margin of 52.60% and a negative return on equity of 44.38%. The business's quarterly revenue was up .9% compared to the same quarter last year. During the same period in the prior year, the company posted $1.23 EPS. View Verisign's Earnings History.

Verisign is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for Verisign.

2 equities research analysts have issued 1-year target prices for Verisign's shares. Their forecasts range from $195.00 to $240.00. On average, they expect Verisign's stock price to reach $217.50 in the next year. This suggests a possible upside of 16.4% from the stock's current price. View Analyst Price Targets for Verisign.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Verisign in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Verisign.

Media headlines about VRSN stock have trended somewhat negative on Friday, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Verisign earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned news stories about the information services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Verisign.

Some companies that are related to Verisign include Facebook (FB), Equinix (EQIX), eBay (EBAY), Twitter (TWTR), CoStar Group (CSGP), Akamai Technologies (AKAM), SEA (SE), J2 Global (JCOM), ANGI Homeservices (ANGI), Envestnet (ENV), Cornerstone OnDemand (CSOD), LogMeIn (LOGM), Cimpress (CMPR), LivePerson (LPSN) and Yelp (YELP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Verisign investors own include Alibaba Group (BABA), Motorola Solutions (MSI), NVIDIA (NVDA), Netflix (NFLX), Intel (INTC), Rite Aid (RAD), Twitter (TWTR), Micron Technology (MU), Tanger Factory Outlet Centers (SKT) and Costco Wholesale (COST).

Verisign's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State Street Corp (3.77%), First Trust Advisors LP (1.51%), Cantillon Capital Management LLC (1.29%), California Public Employees Retirement System (0.76%), Man Group plc (0.55%) and Parametric Portfolio Associates LLC (0.43%). Company insiders that own Verisign stock include Kathleen A Cote, Thomas C Indelicarto and Timothy Tomlinson. View Institutional Ownership Trends for Verisign.

VRSN stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Stifel Financial Corp, Mackay Shields LLC, Teacher Retirement System of Texas, Point72 Asset Management L.P., Denali Advisors LLC, Cantillon Capital Management LLC and Andra AP fonden. Company insiders that have sold Verisign company stock in the last year include Thomas C Indelicarto and Timothy Tomlinson. View Insider Buying and Selling for Verisign.

VRSN stock was acquired by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Robeco Institutional Asset Management B.V., Squarepoint Ops LLC, California Public Employees Retirement System, Man Group plc, State of New Jersey Common Pension Fund D, SG Americas Securities LLC and Voloridge Investment Management LLC. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of VRSN stock can currently be purchased for approximately $186.80.

Verisign has a market capitalization of $21.93 billion and generates $1.21 billion in revenue each year. The information services provider earns $582.48 million in net income (profit) each year or $4.75 on an earnings per share basis. Verisign employs 900 workers across the globe.View Additional Information About Verisign.

The official website for Verisign is http://www.verisign.com/.

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]