NASDAQ:VRSN - Verisign Stock Price, Forecast & News

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

Verisign announced that its board has authorized a share repurchase program 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. Stock buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

Verisign, Inc. (NASDAQ:VRSN) announced its earnings results on Thursday, October, 24th. The information services provider reported $1.36 earnings per share for the quarter, topping the consensus estimate of $1.31 by $0.05. The information services provider earned $308.42 million during the quarter, compared to analysts' expectations of $308.34 million. Verisign had a negative return on equity of 44.38% and a net margin of 52.60%. The firm's revenue for the quarter was up .9% on a year-over-year basis. During the same period last year, the firm posted $1.23 earnings per share. View Verisign's Earnings History.

Verisign is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for Verisign.

Verisign will be holding an earnings conference call on Thursday, February 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

2 analysts have issued 1-year target prices for Verisign's stock. Their forecasts range from $195.00 to $240.00. On average, they anticipate Verisign's stock price to reach $217.50 in the next twelve months. This suggests a possible upside of 1.5% from the stock's current price. View Analyst Price Targets for Verisign.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Verisign in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Verisign.

News coverage about VRSN stock has been trending somewhat positive on Wednesday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Verisign earned a daily sentiment score of 2.0 on InfoTrie's scale. They also assigned headlines about the information services provider a news buzz of 10.0 out of 10, meaning 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 December. As of December 13th, there was short interest totalling 1,400,000 shares, an increase of 18.6% from the November 28th total of 1,180,000 shares. Based on an average trading volume of 625,700 shares, the days-to-cover ratio is currently 2.2 days. Currently, 1.2% of the company's stock are sold short. View Verisign's Current Options Chain.

Some companies that are related to Verisign include Facebook (FB), Equinix (EQIX), eBay (EBAY), Twitter (TWTR), CoStar Group (CSGP), Akamai Technologies (AKAM), SEA (SE), J2 Global (JCOM), ANGI Homeservices (ANGI), LogMeIn (LOGM), Cornerstone OnDemand (CSOD), Envestnet (ENV), Cimpress (CMPR), LivePerson (LPSN) and Yelp (YELP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Verisign investors own include NVIDIA (NVDA), Alibaba Group (BABA), Motorola Solutions (MSI), Home Depot (HD), Rite Aid (RAD), Netflix (NFLX), Twitter (TWTR), Intel (INTC), Tanger Factory Outlet Centers (SKT) and Mastercard (MA).

Verisign's stock is owned by a number of of retail and institutional investors. Top institutional investors include Assenagon Asset Management S.A. (0.15%), Gateway Investment Advisers LLC (0.11%), Johanson Financial Advisors Inc. (0.10%), State of Alaska Department of Revenue (0.04%), Commerzbank Aktiengesellschaft FI (0.04%) and Zurcher Kantonalbank Zurich Cantonalbank (0.03%). 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 Zurcher Kantonalbank Zurich Cantonalbank , Nisa Investment Advisors LLC, DNB Asset Management AS, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Tuttle Tactical Management, State of Alaska Department of Revenue, Gateway Investment Advisers LLC and Wealthfront Advisers LLC. View Insider Buying and Selling for Verisign.

VRSN stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Johanson Financial Advisors Inc., Alpine Global Management LLC, PGGM Investments, Valicenti Advisory Services Inc., Diversified Trust Co, Clarius Group LLC and Allworth Financial LP. 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 $214.36.

Verisign has a market capitalization of $25.17 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]