NASDAQ:VRSN - Verisign Stock Price, Price Target & More

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

Verisign announced that its board 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 repurchase shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company's board believes its shares are undervalued.

Verisign (NASDAQ:VRSN) announced its quarterly earnings results on Thursday, April, 26th. The information services provider reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.01. The information services provider earned $299.29 million during the quarter, compared to the consensus estimate of $298 million. Verisign had a negative return on equity of 37.57% and a net margin of 40.41%. Verisign's revenue for the quarter was up 3.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.96 earnings per share. View Verisign's Earnings History.

Verisign is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Verisign.

4 Wall Street analysts have issued 1 year price targets for Verisign's shares. Their forecasts range from $103.00 to $123.00. On average, they anticipate Verisign's stock price to reach $109.25 in the next year. View Analyst Ratings for Verisign.

Some companies that are related to Verisign include Cognizant (CTSH), Infosys (INFY), Wipro (WIT), NTT DATA Corp/ADR (NTDTY), Amdocs (DOX), Obic (OBIIF), Aspen Technology (AZPN), EPAM Systems (EPAM), Gemalto (GTOMY), Sogou (SOGO), Zscaler (ZS), Syntel (SYNT), Callidus Software (CALD), Virtusa (VRTU) and Luxoft (LXFT).

Media headlines about VRSN stock have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Verisign earned a media sentiment score of 0.12 on Accern's scale. They also gave headlines about the information services provider an impact score of 47.83 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Verisign's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Principal Financial Group Inc. (3.49%), Northern Trust Corp (1.26%), Cantillon Capital Management LLC (1.26%), American Century Companies Inc. (1.11%), Guggenheim Capital LLC (0.76%) and Schwab Charles Investment Management Inc. (0.52%). Company insiders that own Verisign stock include Kathleen A Cote and Timothy Tomlinson. View Institutional Ownership Trends for Verisign.

VRSN stock was sold by a variety of institutional investors in the last quarter, including Ontario Teachers Pension Plan Board, Millennium Management LLC, Principal Financial Group Inc., Northern Trust Corp, Swiss National Bank, SG Americas Securities LLC, Markston International LLC and Envestnet Asset Management Inc.. Company insiders that have sold Verisign company stock in the last year include Kathleen A Cote 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 American Century Companies Inc., Massachusetts Financial Services Co. MA, Hound Partners LLC, Teacher Retirement System of Texas, Employees Retirement System of Texas, DekaBank Deutsche Girozentrale, Matarin Capital Management LLC and Hsbc Holdings PLC. 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, Scottrade, Fidelity and Charles Schwab.

One share of VRSN stock can currently be purchased for approximately $127.70.

Verisign has a market capitalization of $12.40 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.

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]