VeriSign, Inc. provides domain name registry services and Internet security worldwide. The company offers registry services that operate the authoritative directory of .com, .net, .cc, .tv, .gov, .jobs, .edu, .name, and other domain names. Its registry services allow individuals and organizations to establish their online identities. The company also provides infrastructure assurance services, including distributed denial of service protection and managed domain name system services. It serves financial institutions, software-as-a-service providers, e-commerce providers, and media companies through direct sales and indirect channels. The company was founded in 1995 and is headquartered in Reston, Virginia.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Custom computer programming services
Sub-IndustryInternet Software & Services
SectorComputer and Technology
SymbolNASDAQ:VRSN
CUSIP92343E10
Phone703-948-3200
Debt
Debt-to-Equity Ratio-1.29
Current Ratio1.33
Quick Ratio1.33
Price-To-Earnings
Trailing P/E Ratio40.96
Forward P/E Ratio35.06
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.17 billion
Price / Sales15.78
Cash Flow$5.0723 per share
Price / Cash29.72
Book Value($12.79) per share
Price / Book-11.79
Profitability
EPS (Most Recent Fiscal Year)$3.68
Net Income$457.24 million
Net Margins40.38%
Return on Equity-37.20%
Return on Assets17.81%
Miscellaneous
Employees952
Outstanding Shares121,920,000
Market Cap$18.64 billion
Verisign (NASDAQ:VRSN) Frequently Asked Questions
What is Verisign's stock symbol?
Verisign trades on the NASDAQ under the ticker symbol "VRSN."
How will Verisign's stock buyback program work?
Verisign declared that its board has approved a stock repurchase plan on Saturday, February 10th 2018, which authorizes the company to buyback $586,000,000.00 in 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 a sign that the company's leadership believes its shares are undervalued.
How were Verisign's earnings last quarter?
Verisign, Inc. (NASDAQ:VRSN) announced its quarterly earnings data on Thursday, July, 26th. The information services provider reported $1.18 earnings per share for the quarter, topping the consensus estimate of $1.14 by $0.04. The information services provider had revenue of $302.40 million for the quarter, compared to analyst estimates of $302.47 million. Verisign had a negative return on equity of 37.20% and a net margin of 40.38%. Verisign's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.05 earnings per share. View Verisign's Earnings History.
When is Verisign's next earnings date?
What price target have analysts set for VRSN?
4 brokerages have issued 12-month price targets for Verisign's shares. Their forecasts range from $123.00 to $160.00. On average, they expect Verisign's stock price to reach $140.25 in the next year. This suggests that the stock has a possible downside of 7.0%. View Analyst Price Targets for Verisign.
What is the consensus analysts' recommendation for Verisign?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Verisign in the last year. There are currently 1 sell rating and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Verisign.
Who are some of Verisign's key competitors?
Some companies that are related to Verisign include Infosys (INFY), Cognizant Technology Solutions (CTSH), Wipro (WIT), NTT DATA Corp/ADR (NTDTY), Amdocs (DOX), Obic (OBIIF), Aspen Technology (AZPN), EPAM Systems (EPAM), GEMALTO NV/S (GTOMY), Zscaler (ZS), Sogou (SOGO), Syntel (SYNT), Callidus Software (CALD), Virtusa (VRTU) and Endava (DAVA).
Who are Verisign's key executives?
Verisign's management team includes the folowing people:
- Mr. D. James Bidzos, Founder, Exec. Chairman, Pres & CEO (Age 63)
- Mr. George E. Kilguss III, Exec. VP & CFO (Age 57)
- Mr. Todd B. Strubbe, Exec. VP & COO (Age 55)
- Mr. Thomas C. Indelicarto, Exec. VP, Gen. Counsel & Sec. (Age 54)
- Dr. Burt Kaliski Jr., Sr. VP & CTO
Has Verisign been receiving favorable news coverage?
News stories about VRSN stock have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Verisign earned a media and rumor sentiment score of 0.11 on Accern's scale. They also assigned news headlines about the information services provider an impact score of 47.33 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future. View Recent Headlines for Verisign.
Who are Verisign's major shareholders?
Verisign's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.94%), Renaissance Technologies LLC (5.67%), Investec Asset Management LTD (1.80%), First Trust Advisors LP (1.82%), FMR LLC (0.98%) and Cantillon Capital Management LLC (0.97%). Company insiders that own Verisign stock include Kathleen A Cote and Timothy Tomlinson. View Institutional Ownership Trends for Verisign.
Which institutional investors are selling Verisign stock?
VRSN stock was sold by a variety of institutional investors in the last quarter, including Bank of Nova Scotia, Mackay Shields LLC, BlackRock Inc., Wells Fargo & Company MN, Bank of Montreal Can, FMR LLC, AustralianSuper Pty Ltd and American Century Companies Inc.. View Insider Buying and Selling for Verisign.
Which institutional investors are buying Verisign stock?
VRSN stock was bought by a variety of institutional investors in the last quarter, including Glenmede Trust Co. NA, First Trust Advisors LP, Standard Life Aberdeen plc, Schwab Charles Investment Management Inc., Canada Pension Plan Investment Board, Tredje AP fonden, Legal & General Group Plc and Worldquant Millennium Quantitative Strategies LLC. View Insider Buying and Selling for Verisign.
How do I buy shares of 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.
What is Verisign's stock price today?
One share of VRSN stock can currently be purchased for approximately $150.75.
How big of a company is Verisign?
Verisign has a market capitalization of $18.64 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.
How can I contact Verisign?
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]
MarketBeat Community Rating for Verisign (NASDAQ VRSN)
MarketBeat's community ratings are surveys of what our community members think about Verisign and other stocks. Vote "Outperform" if you believe VRSN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VRSN will underperform the S&P 500 over the long term. You may vote once every thirty days.
