VeriSign Company Profile (NASDAQ:VRSN)

About VeriSign (NASDAQ:VRSN)

VeriSign logoVeriSign, Inc. is a provider of domain name registry services and Internet security. The Company operates through Registry Services and Security Services segment. Registry Services ensure the security, stability and resiliency of Internet infrastructure and services, including the .com and .net domains, and operation of the root-zone maintainer functions for the core of the Internet's Domain Name System (DNS). Security Services provides infrastructure assurance services consisting of Distributed Denial of Services (DDoS) Protection Services, Verisign iDefense Security Intelligence Services (iDefense) and Managed DNS Services. DDoS Protection Services supports online business continuity by providing monitoring and mitigation services against DDoS attacks. iDefense provides access to cyber intelligence related to vulnerabilities, malicious code and global threats. Managed DNS Services is a hosting service that delivers DNS resolution for the availability of Web-based systems.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: IT Services & Consulting - NEC
  • Sub-Industry: Internet Software & Services
  • Symbol: NASDAQ:VRSN
  • CUSIP: 92343E10
  • Web: www.verisign.com
Capitalization:
  • Market Cap: $9.81224 billion
  • Outstanding Shares: 99,920,000
Average Prices:
  • 50 Day Moving Avg: $98.19
  • 200 Day Moving Avg: $90.40
  • 52 Week Range: $74.01 - $103.79
P/E:
  • Trailing P/E Ratio: 26.76
  • Foreward P/E Ratio: 24.74
  • P/E Growth: 3.08
Sales & Book Value:
  • Annual Revenue: $1.15 billion
  • Price / Sales: 8.53
  • Book Value: ($12.01) per share
  • Price / Book: -8.18
Profitability:
  • EBIDTA: $747.69 million
  • Net Margins: 39.92%
  • Return on Equity: -36.99%
  • Return on Assets: 18.95%
Debt:
  • Debt-to-Equity Ratio: -1.03%
  • Current Ratio: 1.21%
  • Quick Ratio: 1.21%
Misc:
  • Average Volume: 751,358 shs.
  • Beta: 1.2
  • Short Ratio: 15.42
 

Frequently Asked Questions for VeriSign (NASDAQ:VRSN)

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 of Directors has authorized a stock buyback plan on Monday, April 10th 2017, which allows the company to repurchase $641,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 7.4% of its stock through open market purchases. Stock repurchase plans are generally an indication 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, 27th. The company reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.06. The company earned $289 million during the quarter, compared to analyst estimates of $287.47 million. VeriSign had a net margin of 39.92% and a negative return on equity of 36.99%. VeriSign's quarterly revenue was up .9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.91 earnings per share. View VeriSign's Earnings History.

When will VeriSign make its next earnings announcement?

VeriSign is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for VeriSign.

Where is VeriSign's stock going? Where will VeriSign's stock price be in 2017?

3 equities research analysts have issued 1 year target prices for VeriSign's shares. Their forecasts range from $70.00 to $94.00. On average, they anticipate VeriSign's stock price to reach $83.00 in the next year. View Analyst Ratings for VeriSign.

Who are some of VeriSign's key competitors?

Who are VeriSign's key executives?

VeriSign's management team includes the folowing people:

  • D James Bidzos, Executive Chairman of the Board, President, Chief Executive Officer
  • George E. Kilguss III, Chief Financial Officer, Executive Vice President
  • Todd B. Strubbe, Chief Operating Officer, Executive Vice President
  • Thomas C. Indelicarto J.D., Executive Vice President, General Counsel, Secretary
  • Louis A. Simpson, Lead Independent Director
  • Kathleen A. Cote, Independent Director
  • Thomas F. Frist III, Independent Director
  • Jamie S. Gorelick J.D., Independent Director
  • Roger H. Moore, Independent Director

Who owns VeriSign stock?

VeriSign's stock is owned by many different of institutional and retail investors. Top institutional investors include Berkshire Hathaway Inc. (12.96%), Capital World Investors (12.83%), Vanguard Group Inc. (8.79%), BlackRock Inc. (8.40%), Renaissance Technologies LLC (5.05%) and Principal Financial Group Inc. (3.27%). Company insiders that own VeriSign stock include Berkshire Hathaway Inc and Timothy Tomlinson. View Institutional Ownership Trends for VeriSign.

Who sold VeriSign stock? Who is selling VeriSign stock?

VeriSign's stock was sold by a variety of institutional investors in the last quarter, including AJO LP, TIAA CREF Investment Management LLC, First Quadrant L P CA, Capital Guardian Trust Co., KBC Group NV, Cornerstone Capital Management Holdings LLC., BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp and WINTON GROUP Ltd. View Insider Buying and Selling for VeriSign.

Who bought VeriSign stock? Who is buying VeriSign stock?

VeriSign's stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Koch Industries Inc., BlackRock Inc., Arrowstreet Capital Limited Partnership, Vanguard Group Inc., Investec Asset Management LTD, ETF Managers Group LLC and First Trust Advisors LP. View Insider Buying and Selling for VeriSign.

How do I buy VeriSign stock?

Shares of VeriSign can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is VeriSign's stock price today?

One share of VeriSign stock can currently be purchased for approximately $98.20.


MarketBeat Community Rating for VeriSign (NASDAQ VRSN)
Community Ranking:  2.2 out of 5 ( )
Outperform Votes:  152 (Vote Outperform)
Underperform Votes:  198 (Vote Underperform)
Total Votes:  350
MarketBeat's community ratings are surveys of what our community members think about VeriSign and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for VeriSign (NASDAQ:VRSN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $83.00 (15.48% downside)

Analysts' Ratings History for VeriSign (NASDAQ:VRSN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/3/2017Cowen and CompanyReiterated RatingMarket Perform$94.00LowView Rating Details
4/12/2017Citigroup Inc.UpgradeSell -> NeutralMediumView Rating Details
2/28/2017Robert W. BairdReiterated RatingNeutral -> Neutral$85.00N/AView Rating Details
7/29/2016J P Morgan Chase & CoBoost Price TargetUnderweight$84.00 -> $88.00N/AView Rating Details
(Data available from 8/20/2015 forward)

Earnings

Earnings History for VeriSign (NASDAQ:VRSN)
Earnings by Quarter for VeriSign (NASDAQ:VRSN)
Earnings History by Quarter for VeriSign (NASDAQ VRSN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2017$1.01N/AView Earnings Details
7/27/2017Q2 2017$0.99$1.05$287.47 million$289.00 millionViewN/AView Earnings Details
4/27/2017Q1 2017$0.86$0.86$284.70 million$288.60 millionViewN/AView Earnings Details
2/9/2017Q416$0.88$0.92$282.97 million$286.00 millionViewListenView Earnings Details
10/27/2016Q316$0.87$0.93$287.08 million$287.60 millionViewListenView Earnings Details
7/28/2016Q216$0.86$0.91$284.34 million$286.00 millionViewListenView Earnings Details
4/28/2016Q116$0.83$0.85$277.77 million$281.90 millionViewListenView Earnings Details
2/11/2016Q415$0.78$0.79$270.07 million$273.00 millionViewListenView Earnings Details
10/22/2015Q315$0.77$0.78$265.26 million$265.80 millionViewListenView Earnings Details
7/23/2015Q215$0.75$0.74$261.89 million$263.00 millionViewListenView Earnings Details
4/23/2015Q115$0.75$0.74$259.00 million$258.40 millionViewN/AView Earnings Details
2/5/2015Q414$0.72$0.70$256.70 million$255.92 millionViewN/AView Earnings Details
10/23/2014Q314$0.69$0.70$253.46 million$255.02 millionViewListenView Earnings Details
7/24/2014Q214$0.64$0.68$251.69 million$250.40 millionViewN/AView Earnings Details
4/24/2014Q114$0.63$0.64$248.98 million$248.80 millionViewN/AView Earnings Details
2/6/2014Q413$0.28$0.65$244.77 million$246.00 millionViewN/AView Earnings Details
10/24/2013Q313$0.56$0.59$240.52 million$244.00 millionViewN/AView Earnings Details
7/25/2013Q2 2013$0.55$0.58$237.14 million$239.00 millionViewN/AView Earnings Details
4/25/2013Q1 2013$0.54$0.58$232.60 million$236.50 millionViewN/AView Earnings Details
1/24/2013Q4 2012$0.51$0.59$229.28 million$230.20 millionViewN/AView Earnings Details
10/25/2012$0.49$0.50ViewN/AView Earnings Details
7/26/2012$0.45$0.45ViewN/AView Earnings Details
4/26/2012$0.43$0.42ViewN/AView Earnings Details
1/26/2012$0.41$0.40ViewN/AView Earnings Details
10/27/2011$0.37$0.39ViewN/AView Earnings Details
7/28/2011$0.35$0.38ViewN/AView Earnings Details
4/28/2011$0.32$0.32ViewN/AView Earnings Details
1/27/2011$0.30$0.31ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for VeriSign (NASDAQ:VRSN)
Current Year EPS Consensus Estimate: $3.67 EPS
Next Year EPS Consensus Estimate: $3.97 EPS

Dividends

Dividend History for VeriSign (NASDAQ:VRSN)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for VeriSign (NASDAQ:VRSN)
Insider Ownership Percentage: 0.92%
Insider Trades by Quarter for VeriSign (NASDAQ:VRSN)
Institutional Ownership by Quarter for VeriSign (NASDAQ:VRSN)
Insider Trades by Quarter for VeriSign (NASDAQ:VRSN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/1/2017Timothy TomlinsonDirectorSell1,240$101.00$125,240.00View SEC Filing  
8/2/2016Timothy TomlinsonDirectorSell1,477$85.30$125,988.10View SEC Filing  
4/29/2016Berkshire Hathaway IncMajor ShareholderSell32,255$89.30$2,880,371.50View SEC Filing  
2/17/2016Timothy TomlinsonDirectorSell1,350$81.48$109,998.00View SEC Filing  
4/29/2015Jamie S GorelickDirectorBuy1,000$64.19$64,190.00View SEC Filing  
2/11/2015Timothy TomlinsonDirectorSell8,884$60.81$540,236.04View SEC Filing  
11/13/2014Kathleen A CoteDirectorSell3,546$60.07$213,008.22View SEC Filing  
10/30/2014Richard H GoshornSVPSell12,940$58.58$758,025.20View SEC Filing  
10/28/2014John D RoachDirectorSell20,432$58.81$1,201,605.92View SEC Filing  
3/5/2014Richard GoshornSVPSell7,832$56.01$438,670.32View SEC Filing  
2/19/2014John RoachDirectorSell11,000$55.53$610,830.00View SEC Filing  
12/4/2013Roger H/Ca MooreDirectorSell19,432$56.76$1,102,960.32View SEC Filing  
11/4/2013Richard H GoshornSVPSell41,563$54.25$2,254,792.75View SEC Filing  
8/6/2013Richard GoshornSVPSell6,581$48.54$319,441.74View SEC Filing  
8/1/2013John D RoachDirectorSell2,000$48.39$96,780.00View SEC Filing  
7/30/2013Timothy TomlinsonDirectorSell4,200$47.46$199,332.00View SEC Filing  
5/22/2013Richard H GoshornSVPSell8,620$48.27$416,087.40View SEC Filing  
2/5/2013William L ChenevichDirectorSell8,000$44.83$358,640.00View SEC Filing  
8/10/2012Roger H/Ca MooreDirectorSell44,883$46.38$2,081,673.54View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for VeriSign (NASDAQ:VRSN)
Latest Headlines for VeriSign (NASDAQ:VRSN)
Source:
DateHeadline
finance.yahoo.com logoVerisign Commences Registered Exchange Offer for its 4.750% Senior Notes due 2027
finance.yahoo.com - August 17 at 9:06 AM
businesswire.com logoVerisign Announces 3.25% Junior Subordinated Convertible Debentures Due 2037 to Pay Contingent Interest - Business Wire (press release)
www.businesswire.com - August 16 at 1:49 AM
finance.yahoo.com logoETFs with exposure to VeriSign, Inc. : August 14, 2017
finance.yahoo.com - August 15 at 8:08 AM
finance.yahoo.com logoIHS Markit Score Update: Drop in demand for ETFs holding Verisign Inc is a negative sign for its shares
finance.yahoo.com - August 10 at 3:41 PM
americanbankingnews.com logoZacks: Analysts Expect VeriSign, Inc. (NASDAQ:VRSN) Will Announce Quarterly Sales of $291.59 Million
www.americanbankingnews.com - August 10 at 12:46 PM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Verisign Inc.
finance.yahoo.com - August 10 at 9:31 AM
americanbankingnews.com logoVeriSign, Inc. (NASDAQ:VRSN) Expected to Announce Earnings of $0.90 Per Share
www.americanbankingnews.com - August 8 at 4:30 PM
americanbankingnews.com logoBidaskClub Lowers VeriSign, Inc. (NASDAQ:VRSN) to Buy
www.americanbankingnews.com - August 4 at 7:26 PM
reuters.com logoSymantec to sell Web certificates business to Thoma Bravo: sources - Reuters
www.reuters.com - August 4 at 9:48 AM
finance.yahoo.com logoEarnings Review and Free Research Report: Akamai Reported Better than Expected Revenue and Earnings Results
finance.yahoo.com - August 3 at 8:39 AM
americanbankingnews.com logoTimothy Tomlinson Sells 1,240 Shares of VeriSign, Inc. (VRSN) Stock
www.americanbankingnews.com - August 2 at 8:52 PM
americanbankingnews.com logoVeriSign, Inc. (VRSN) Downgraded to "Sell" at Zacks Investment Research
www.americanbankingnews.com - August 2 at 2:36 PM
finance.yahoo.com logoVeriSign, Inc. :VRSN-US: Earnings Analysis: Q2, 2017 By the Numbers : July 31, 2017
finance.yahoo.com - August 1 at 7:37 AM
seekingalpha.com logoVeriSign (VRSN) Q2 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - July 29 at 8:31 AM
finance.yahoo.com logoVeriSign (VRSN) Beats on Q2 Earnings, Ups '17 Revenue View
finance.yahoo.com - July 29 at 8:31 AM
finance.yahoo.com logoVerisign Reports Second Quarter 2017 Results
finance.yahoo.com - July 28 at 9:47 AM
finance.yahoo.com logoVeriSign beats 2Q profit forecasts
finance.yahoo.com - July 28 at 9:47 AM
finance.yahoo.com logoEdited Transcript of VRSN earnings conference call or presentation 27-Jul-17 8:30pm GMT
finance.yahoo.com - July 28 at 9:47 AM
americanbankingnews.com logoVeriSign, Inc. (NASDAQ:VRSN) Issues Earnings Results
www.americanbankingnews.com - July 27 at 9:43 PM
nasdaq.com logoWhat's in the Cards for VeriSign (VRSN) in Q2 Earnings?
www.nasdaq.com - July 25 at 8:20 AM
americanbankingnews.com logo$286.89 Million in Sales Expected for VeriSign, Inc. (NASDAQ:VRSN) This Quarter
www.americanbankingnews.com - July 21 at 5:47 PM
finance.yahoo.com logoVeriSign (VRSN) Reveals Q1 Domain Name Registration Numbers
finance.yahoo.com - July 21 at 8:30 AM
americanbankingnews.com logoVeriSign, Inc. (VRSN) Scheduled to Post Earnings on Thursday
www.americanbankingnews.com - July 20 at 7:46 AM
finance.yahoo.com logoInternet Grows to 330.6 Million Domain Name Registrations in the First Quarter of 2017
finance.yahoo.com - July 19 at 9:10 AM
americanbankingnews.com logoVeriSign, Inc. (VRSN) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - July 18 at 1:53 PM
nasdaq.com logoVeriSign Hits 52-Week High on Strong Security Product Demand - Nasdaq
www.nasdaq.com - July 14 at 10:05 PM
finance.yahoo.com logoVeriSign Hits 52-Week High on Strong Security Product Demand
finance.yahoo.com - July 14 at 5:03 PM
nasdaq.com logoWhy You Shouldn't Bet Against VeriSign (VRSN) Stock
www.nasdaq.com - July 14 at 9:50 AM
finance.yahoo.com logoWhy You Shouldn't Bet Against VeriSign (VRSN) Stock
finance.yahoo.com - July 14 at 9:50 AM
streetinsider.com logoVerisign Inc. (VRSN): The Real Story May Be A Price Increase - Cowen - StreetInsider.com
www.streetinsider.com - July 5 at 11:22 AM
finance.yahoo.com logoVerisign to Report Second Quarter 2017 Financial Results
finance.yahoo.com - July 4 at 8:39 AM
americanbankingnews.com logoVeriSign's (VRSN) "Market Perform" Rating Reaffirmed at Cowen and Company
www.americanbankingnews.com - July 3 at 10:48 AM
businesswire.com logoVerisign Announces Pricing of $550 Million Offering of Senior Unsecured Notes - Business Wire (press release)
www.businesswire.com - June 29 at 8:20 PM
finance.yahoo.com logoVerisign Announces Pricing of $550 Million Offering of Senior Unsecured Notes
finance.yahoo.com - June 29 at 8:20 PM
businesswire.com logoVerisign Announces Proposed $450 Million Offering of Senior Unsecured Notes - Business Wire (press release)
www.businesswire.com - June 29 at 3:16 PM
finance.yahoo.com logoVeriSign, Inc. -- Moody's affirms VeriSign's Ba2 CFR and assigns Ba1 rating to new notes; outlook stable
finance.yahoo.com - June 29 at 3:16 PM
finance.yahoo.com logoVerisign Announces Proposed $450 Million Offering of Senior Unsecured Notes
finance.yahoo.com - June 29 at 7:54 AM
americanbankingnews.com logoVeriSign, Inc. (VRSN) Expected to Post Quarterly Sales of $287.06 Million
www.americanbankingnews.com - June 25 at 10:08 AM
americanbankingnews.com logo$0.89 EPS Expected for VeriSign, Inc. (VRSN) This Quarter
www.americanbankingnews.com - June 23 at 8:36 AM
americanbankingnews.com logoVeriSign, Inc. (VRSN) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - June 22 at 4:44 PM
americanbankingnews.com logoVeriSign, Inc. (VRSN) Lifted to Strong-Buy at BidaskClub
www.americanbankingnews.com - June 22 at 3:32 PM
americanbankingnews.com logoVeriSign, Inc. (VRSN) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - June 14 at 2:18 PM
americanbankingnews.com logoZacks Investment Research Downgrades VeriSign, Inc. (VRSN) to Hold
www.americanbankingnews.com - June 12 at 3:06 PM
finance.yahoo.com logoVeriSign, Inc. (VRSN)
finance.yahoo.com - June 9 at 2:10 AM
nasdaq.com logoVRSN Crosses Above Average Analyst Target
www.nasdaq.com - June 6 at 1:51 AM
finance.yahoo.com logoETFs with exposure to VeriSign, Inc. : June 5, 2017
finance.yahoo.com - June 6 at 1:51 AM
americanbankingnews.com logoVerisign, Inc. (VRSN) Upgraded at Zacks Investment Research
www.americanbankingnews.com - June 5 at 3:06 PM
americanbankingnews.com logoVerisign, Inc. (VRSN) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - June 2 at 1:50 PM
americanbankingnews.com logo Analysts Expect Verisign, Inc. (VRSN) Will Post Quarterly Sales of $287.49 Million
www.americanbankingnews.com - June 1 at 1:18 PM
americanbankingnews.com logoVerisign, Inc. (VRSN) Upgraded to Buy at Zacks Investment Research
www.americanbankingnews.com - May 30 at 10:14 PM

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VeriSign (VRSN) Chart for Sunday, August, 20, 2017

This page was last updated on 8/20/2017 by MarketBeat.com Staff