Verisign Stock Price, News & Analysis (NASDAQ:VRSN)

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

Verisign declared that its board has approved a stock buyback plan on Saturday, February 10th 2018, which authorizes the company to buyback $586,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company's management believes its shares are undervalued.

Verisign, Inc. (NASDAQ:VRSN) announced its earnings results on Thursday, July, 25th. The information services provider reported $1.24 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.18 by $0.06. The information services provider had revenue of $306.29 million for the quarter, compared to analyst estimates of $306.57 million. Verisign had a negative return on equity of 43.63% and a net margin of 51.38%. The company's quarterly revenue was up 1.3% on a year-over-year basis. During the same period in the previous year, the company earned $1.18 earnings per share. View Verisign's Earnings History.

Verisign is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Verisign.

Verisign will be holding an earnings conference call on Thursday, October 24th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

3 brokerages have issued twelve-month price objectives for Verisign's stock. Their predictions range from $160.00 to $240.00. On average, they anticipate Verisign's share price to reach $198.33 in the next twelve months. This suggests a possible upside of 8.4% from the stock's current price. View Analyst Price Targets for Verisign.

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

Media coverage about VRSN stock has trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Verisign earned a news impact score of 0.6 on InfoTrie's scale. They also assigned headlines about the information services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Verisign.

Verisign saw a increase in short interest in September. As of September 30th, there was short interest totalling 1,400,000 shares, an increase of 10.2% from the August 30th total of 1,270,000 shares. Based on an average daily trading volume, of 612,200 shares, the short-interest ratio is presently 2.3 days. Approximately 1.2% of the company's stock are short sold. View Verisign's Current Options Chain.

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), Cimpress (CMPR), ANGI Homeservices (ANGI), LogMeIn (LOGM), Cornerstone OnDemand (CSOD), Envestnet (ENV), LivePerson (LPSN) and Yelp (YELP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Verisign investors own include Motorola Solutions (MSI), Alibaba Group (BABA), Netflix (NFLX), Rite Aid (RAD), NVIDIA (NVDA), Twitter (TWTR), Micron Technology (MU), Intel (INTC), Workday (WDAY) and Boeing (BA).

Verisign's stock is owned by many different of retail and institutional investors. Top institutional investors include Robeco Institutional Asset Management B.V. (0.37%), Strs Ohio (0.12%), Gateway Investment Advisers LLC (0.11%), Assenagon Asset Management S.A. (0.06%), Zurcher Kantonalbank Zurich Cantonalbank (0.05%) and State of Alaska Department of Revenue (0.05%). 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., Denali Advisors LLC, Stephens Inc. AR, Gateway Investment Advisers LLC, TrimTabs Asset Management LLC, CenturyLink Investment Management Co, First Citizens Bank & Trust Co. and Oakbrook Investments LLC. Company insiders that have sold Verisign company stock in the last year include Kathleen A Cote, Thomas C Indelicarto and Timothy Tomlinson. View Insider Buying and Selling for Verisign.

VRSN stock was purchased by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., State of Alaska Department of Revenue, Virginia Retirement Systems ET AL, Tuttle Tactical Management, Commerzbank Aktiengesellschaft FI, Regent Investment Management LLC, Zurcher Kantonalbank Zurich Cantonalbank and Envestnet Asset Management Inc.. 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 $182.94.

Verisign has a market capitalization of $21.65 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]