NASDAQ:VRSN - Verisign Stock Price, News, & Analysis

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

Verisign announced that its board has approved a stock repurchase plan on Saturday, February 10th 2018, which allows the company to buyback $586,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company's board of directors believes its stock is undervalued.

Verisign, Inc. (NASDAQ:VRSN) announced its earnings results on Thursday, April, 25th. The information services provider reported $1.31 earnings per share for the quarter, beating analysts' consensus estimates of $1.25 by $0.06. The information services provider had revenue of $306.41 million for the quarter, compared to the consensus estimate of $302.63 million. Verisign had a net margin of 49.98% and a negative return on equity of 43.07%. Verisign's quarterly revenue was up 2.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.07 earnings per share. View Verisign's Earnings History.

Verisign is scheduled to release their next quarterly earnings announcement on Thursday, July 25th 2019. View Earnings Estimates for Verisign.

4 equities research analysts have issued twelve-month target prices for Verisign's shares. Their forecasts range from $155.00 to $195.00. On average, they anticipate Verisign's stock price to reach $170.00 in the next year. This suggests that the stock has a possible downside of 12.7%. View Analyst Price Targets 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.

News articles about VRSN stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Verisign earned a news sentiment score of 1.0 on InfoTrie's scale. They also assigned media stories about the information services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near future.

Some companies that are related to Verisign include Infosys (INFY), Cognizant Technology Solutions (CTSH), Wipro (WIT), NTT DATA CORP/ADR (NTDTY), EPAM Systems (EPAM), Zscaler (ZS), Obic (OBIIF), Amdocs (DOX), Aspen Technology (AZPN), PROS (PRO), Luxoft (LXFT), Endava (DAVA), Sogou (SOGO), Virtusa (VRTU) and Glu Mobile (GLUU).

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

Verisign's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.09%), Renaissance Technologies LLC (6.15%), Wellington Management Group LLP (3.64%), Principal Financial Group Inc. (2.40%), Investec Asset Management LTD (2.20%) and First Trust Advisors LP (1.59%). 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 Wellington Management Group LLP, American Century Companies Inc., AQR Capital Management LLC, Assenagon Asset Management S.A., Principal Financial Group Inc., Janus Henderson Group PLC, Morgan Stanley and First Trust Advisors LP. 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 bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Renaissance Technologies LLC, Geode Capital Management LLC, MERIAN GLOBAL INVESTORS UK Ltd, California Public Employees Retirement System, Goldman Sachs Group Inc., Charles Schwab Investment Management Inc. and Great West Life Assurance Co. Can. 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 $194.63.

Verisign has a market capitalization of $23.20 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.

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]