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

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. Stock repurchase plans are typically a sign that the company's board believes its stock is undervalued.

Verisign, Inc. (NASDAQ:VRSN) posted its earnings results on Thursday, July, 25th. The information services provider reported $1.24 EPS for the quarter, beating the Zacks' consensus estimate of $1.18 by $0.06. The information services provider earned $306.29 million during the quarter, compared to the consensus estimate of $306.57 million. Verisign had a negative return on equity of 43.63% and a net margin of 51.38%. Verisign's revenue for the quarter was up 1.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.18 EPS. 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 Wall Street analysts have issued 12-month target prices for Verisign's shares. Their forecasts range from $160.00 to $240.00. On average, they anticipate Verisign's stock price to reach $198.33 in the next year. This suggests a possible upside of 7.0% 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 been trending somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Verisign earned a daily sentiment score of 1.8 on InfoTrie's scale. They also gave 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 company's share price in the next few days. View News Stories for Verisign.

Verisign saw a increase in short interest in the month of 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 days-to-cover ratio is presently 2.3 days. Approximately 1.2% of the company's stock are sold short. View Verisign's Current Options Chain.

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

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), Micron Technology (MU), Twitter (TWTR), Workday (WDAY), Costco Wholesale (COST) and Intel (INTC).

Verisign's stock is owned by many different of institutional and retail investors. Top institutional investors include Gateway Investment Advisers LLC (0.11%), Assenagon Asset Management S.A. (0.06%), State of Alaska Department of Revenue (0.05%), Gulf International Bank UK Ltd (0.02%), Pacer Advisors Inc. (0.02%) and DNB Asset Management AS (0.02%). 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, Gateway Investment Advisers LLC, TrimTabs Asset Management LLC, CenturyLink Investment Management Co, Crossmark Global Holdings Inc., Navellier & Associates Inc and Gulf International Bank UK Ltd. 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 State of Alaska Department of Revenue, NuWave Investment Management LLC, Pacer Advisors Inc., Fox Run Management L.L.C., Campbell & CO Investment Adviser LLC, Sumitomo Mitsui DS Asset Management Company Ltd, Cerebellum GP LLC and Wealthfront Advisers LLC. 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 $185.34.

Verisign has a market capitalization of $21.94 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]