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

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

Verisign declared that its Board of Directors has initiated a share repurchase plan on Saturday, February 10th 2018, which allows the company to buyback $586,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are often an indication that the company's board of directors believes its shares are undervalued.

Verisign, Inc. (NASDAQ:VRSN) announced its quarterly earnings data on Thursday, July, 25th. The information services provider reported $1.24 EPS for the quarter, beating analysts' consensus estimates of $1.18 by $0.06. The information services provider earned $306.29 million during the quarter, compared to analysts' expectations of $306.57 million. Verisign had a net margin of 51.38% and a negative return on equity of 43.63%. The firm's revenue was up 1.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $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 equities research analysts have issued 1 year price targets for Verisign's stock. Their predictions 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 6.9% 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 headlines about VRSN stock have been trending negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Verisign earned a daily sentiment score of -2.0 on InfoTrie's scale. They also assigned media headlines about the information services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Verisign.

Verisign saw a increase in short interest during 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 short-interest ratio is presently 2.3 days. Approximately 1.2% of the shares of the company 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 a number of of retail and institutional investors. Top institutional investors include Robeco Institutional Asset Management B.V. (0.37%), Gateway Investment Advisers LLC (0.11%), Assenagon Asset Management S.A. (0.06%), Zurcher Kantonalbank Zurich Cantonalbank (0.05%), State of Alaska Department of Revenue (0.05%) and Commerzbank Aktiengesellschaft FI (0.04%). 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, First Citizens Bank & Trust Co., Oakbrook Investments LLC and Crossmark Global Holdings Inc.. 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 purchased by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., State of Alaska Department of Revenue, Tuttle Tactical Management, Commerzbank Aktiengesellschaft FI, Regent Investment Management LLC, Zurcher Kantonalbank Zurich Cantonalbank , Envestnet Asset Management Inc. and Nisa Investment Advisors 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 $185.51.

Verisign has a market capitalization of $21.96 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]