VeriSign - VRSN Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for VeriSign in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" VRSN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in VRSN, but not buy additional shares or sell existing shares.
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1 equities research analysts have issued 12 month target prices for VeriSign's shares. Their VRSN share price forecasts range from $210.00 to $210.00. On average, they expect the company's stock price to reach $210.00 in the next year. This suggests a possible upside of 6.4% from the stock's current price.
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VeriSign's stock was trading at $253.82 on January 1st, 2022. Since then, VRSN shares have decreased by 22.3% and is now trading at $197.28.
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VeriSign saw a increase in short interest in July. As of July 15th, there was short interest totaling 1,750,000 shares, an increase of 35.7% from the June 30th total of 1,290,000 shares. Based on an average daily volume of 807,600 shares, the days-to-cover ratio is currently 2.2 days. Approximately 1.6% of the company's stock are short sold.
View VeriSign's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
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VeriSign, Inc. (NASDAQ:VRSN) announced its quarterly earnings results on Thursday, July, 28th. The information services provider reported $1.54 earnings per share for the quarter, beating analysts' consensus estimates of $1.52 by $0.02. The information services provider had revenue of $351.90 million for the quarter, compared to analyst estimates of $348.77 million. VeriSign had a negative trailing twelve-month return on equity of 47.84% and a net margin of 59.09%. The firm's revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter last year, the business earned $1.31 earnings per share.
Read the conference call transcript.

VeriSign issued an update on its FY 2022 earnings guidance on Friday, August, 5th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.42 billion-$1.43 billion, compared to the consensus revenue estimate of $1.44 billion.

114 employees have rated VeriSign Chief Executive Officer D. James Bidzos on Glassdoor.com. D. James Bidzos has an approval rating of 76% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other VeriSign investors own include NVIDIA (NVDA), Home Depot (HD), Netflix (NFLX), Intel (INTC), Costco Wholesale (COST), Micron Technology (MU), QUALCOMM (QCOM), Advanced Micro Devices (AMD), Cisco Systems (CSCO) and Boeing (BA).

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

VeriSign's stock is owned by a number of institutional and retail investors. Top institutional investors include Principal Financial Group Inc. (2.53%), Cantillon Capital Management LLC (1.61%), Lazard Asset Management LLC (1.23%), Liontrust Investment Partners LLP (0.79%), California Public Employees Retirement System (0.67%) and Swiss National Bank (0.40%). Insiders that own company stock include D James Bidzos, George E Kilguss III, Kathleen A Cote, Medpace Investors, Llc, Thomas C Indelicarto, Thomas F Frist III, Timothy Tomlinson, Todd B Strubbe and Todd B Strubbe.
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Shares of VRSN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of VRSN stock can currently be purchased for approximately $197.28.

VeriSign (NASDAQ:VRSN) has a market capitalization of $21.16 billion and generates $1.33 billion in revenue each year. The information services provider earns $784.83 million in net income (profit) each year or $7.34 on an earnings per share basis.

The company employs 902 workers across the globe.

VeriSign was founded in 1995.

VeriSign's mailing address is 12061 Bluemont Way, Reston VA, 20190. The official website for the company is www.verisign.com. The information services provider can be reached via phone at (703) 948-3200, via email at ir@verisign.com, or via fax at 703-421-4873.