VeriSign, 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: $10.02446 billion
- Outstanding Shares: 101,475,000
Average Prices:- 50 Day Moving Avg: $93.79
- 200 Day Moving Avg: $87.55
- 52 Week Range: $74.01 - $98.98
P/E:- Trailing P/E Ratio: 27.86
- Foreward P/E Ratio: 24.47
- P/E Growth: 3.06
Sales & Book Value:- Annual Revenue: $1.15 billion
- Price / Sales: 8.70
- Book Value: ($11.66) per share
- Price / Book: -8.46
Profitability:- EBIDTA: $751.48 million
- Net Margins: 39.13%
- Return on Equity: -36.75%
- Return on Assets: 18.59%
Debt:- Debt-to-Equity Ratio: -1.04%
- Current Ratio: 1.21%
- Quick Ratio: 1.21%
Misc:- Average Volume: 828,005 shs.
- Beta: 1.18
- Short Ratio: 16.67
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 has initiated a share repurchase plan on Monday, April 10th 2017, which permits the company to repurchase $641,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 7.4% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's management believes its stock is undervalued.
How were VeriSign's earnings last quarter?
VeriSign, Inc. (NASDAQ:VRSN) released its earnings results on Thursday, April, 27th. The company reported $0.86 EPS for the quarter, meeting analysts' consensus estimates of $0.86. The business had revenue of $288.60 million for the quarter, compared to analyst estimates of $284.70 million. VeriSign had a net margin of 39.13% and a negative return on equity of 36.75%. VeriSign's revenue was up 2.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.85 EPS. View VeriSign's Earnings History.
When will VeriSign make its next earnings announcement?
Where is VeriSign's stock going? Where will VeriSign's stock price be in 2017?
4 brokerages have issued twelve-month price objectives for VeriSign's stock. Their predictions range from $70.00 to $94.00. On average, they expect VeriSign's share price to reach $84.25 in the next twelve months. View Analyst Ratings for VeriSign.
Who are some of VeriSign's key competitors?
Some companies that are related to VeriSign include CGI Group (GIB), Palo Alto Networks (PANW), Gartner (IT), Total System Services (TSS), CDW Corporation (CDW), Amdocs Limited (DOX), Akamai Technologies (AKAM), F5 Networks (FFIV), Jack Henry & Associates (JKHY), Fortinet (FTNT), LogMein (LOGM), CSRA (CSRA), NCR Corporation (NCR), Booz Allen Hamilton Holding Corporation (BAH), Medidata Solutions (MDSO), EPAM Systems (EPAM), Aspen Technology (AZPN) and GoDaddy (GDDY).
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 a number of of retail and institutional investors. Top institutional shareholders include Gateway Investment Advisers LLC (0.16%), Chevy Chase Trust Holdings Inc. (0.07%), NN Investment Partners Holdings N.V. (0.06%), Aperio Group LLC (0.06%), Nisa Investment Advisors LLC (0.05%) and Denali Advisors LLC (0.04%). 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 First Quadrant L P CA, Gateway Investment Advisers LLC, Nisa Investment Advisors LLC, Exxonmobil Investment Management Inc. TX, US Bancorp DE, Creative Planning, Chevy Chase Trust Holdings Inc. and Appleton Partners Inc. MA. View Insider Buying and Selling for VeriSign.
Who bought VeriSign stock? Who is buying VeriSign stock?
VeriSign's stock was purchased by a variety of institutional investors in the last quarter, including NN Investment Partners Holdings N.V., Denali Advisors LLC, Mn Services Vermogensbeheer B.V., Xact Kapitalforvaltning AB, Eqis Capital Management Inc., CenturyLink Investment Management Co, Aperio Group LLC and Virtu Financial LLC. 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 $98.61.
MarketBeat Community Rating for VeriSign (NASDAQ VRSN)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.
Consensus Ratings for VeriSign (NASDAQ:VRSN) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Sell Rating, 3 Hold Ratings |
| Consensus Rating: | Hold (Score: 1.75) |
| Consensus Price Target: | $84.25 (14.56% downside) |
Analysts' Ratings History for VeriSign (NASDAQ:VRSN)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 7/3/2017 | Cowen and Company | Reiterated Rating | Market Perform | $94.00 | Low |  |
| 4/12/2017 | Citigroup Inc. | Upgrade | Sell -> Neutral | | Medium | |
| 2/28/2017 | Robert W. Baird | Reiterated Rating | Neutral -> Neutral | $85.00 | N/A | |
| 7/29/2016 | J P Morgan Chase & Co | Boost Price Target | Underweight | $84.00 -> $88.00 | N/A | |
| 7/27/2015 | Topeka Capital Markets | Boost Price Target | Buy | $72.00 -> $90.00 | N/A | |
(Data available from 7/20/2015 forward)
Earnings History for VeriSign (NASDAQ:VRSN)Earnings History by Quarter for VeriSign (NASDAQ VRSN)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 7/27/2017 | | $0.99 | | | | | N/A | |
| 4/27/2017 | Q1 2017 | $0.86 | $0.86 | $284.70 million | $288.60 million | View | N/A | |
| 2/9/2017 | Q416 | $0.88 | $0.92 | $282.97 million | $286.00 million | View | Listen | |
| 10/27/2016 | Q316 | $0.87 | $0.93 | $287.08 million | $287.60 million | View | Listen | |
| 7/28/2016 | Q216 | $0.86 | $0.91 | $284.34 million | $286.00 million | View | Listen | |
| 4/28/2016 | Q116 | $0.83 | $0.85 | $277.77 million | $281.90 million | View | Listen | |
| 2/11/2016 | Q415 | $0.78 | $0.79 | $270.07 million | $273.00 million | View | Listen | |
| 10/22/2015 | Q315 | $0.77 | $0.78 | $265.26 million | $265.80 million | View | Listen | |
| 7/23/2015 | Q215 | $0.75 | $0.74 | $261.89 million | $263.00 million | View | Listen | |
| 4/23/2015 | Q115 | $0.75 | $0.74 | $259.00 million | $258.40 million | View | N/A | |
| 2/5/2015 | Q414 | $0.72 | $0.70 | $256.70 million | $255.92 million | View | N/A | |
| 10/23/2014 | Q314 | $0.69 | $0.70 | $253.46 million | $255.02 million | View | Listen | |
| 7/24/2014 | Q214 | $0.64 | $0.68 | $251.69 million | $250.40 million | View | N/A | |
| 4/24/2014 | Q114 | $0.63 | $0.64 | $248.98 million | $248.80 million | View | N/A | |
| 2/6/2014 | Q413 | $0.28 | $0.65 | $244.77 million | $246.00 million | View | N/A | |
| 10/24/2013 | Q313 | $0.56 | $0.59 | $240.52 million | $244.00 million | View | N/A | |
| 7/25/2013 | Q2 2013 | $0.55 | $0.58 | $237.14 million | $239.00 million | View | N/A | |
| 4/25/2013 | Q1 2013 | $0.54 | $0.58 | $232.60 million | $236.50 million | View | N/A | |
| 1/24/2013 | Q4 2012 | $0.51 | $0.59 | $229.28 million | $230.20 million | View | N/A | |
| 10/25/2012 | | $0.49 | $0.50 | | | View | N/A | |
| 7/26/2012 | | $0.45 | $0.45 | | | View | N/A | |
| 4/26/2012 | | $0.43 | $0.42 | | | View | N/A | |
| 1/26/2012 | | $0.41 | $0.40 | | | View | N/A | |
| 10/27/2011 | | $0.37 | $0.39 | | | View | N/A | |
| 7/28/2011 | | $0.35 | $0.38 | | | View | N/A | |
| 4/28/2011 | | $0.32 | $0.32 | | | View | N/A | |
| 1/27/2011 | | $0.30 | $0.31 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for VeriSign (NASDAQ:VRSN)Current Year EPS Consensus Estimate: $3.69 EPS
Next Year EPS Consensus Estimate: $4.03 EPS
Dividend History for VeriSign (NASDAQ:VRSN)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for VeriSign (NASDAQ:VRSN)Insider Ownership Percentage: 0.92%
Insider Trades by Quarter for VeriSign (NASDAQ:VRSN)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/2/2016 | Timothy Tomlinson | Director | Sell | 1,477 | $85.30 | $125,988.10 | |
| 4/29/2016 | Berkshire Hathaway Inc | Major Shareholder | Sell | 32,255 | $89.30 | $2,880,371.50 | |
| 2/17/2016 | Timothy Tomlinson | Director | Sell | 1,350 | $81.48 | $109,998.00 | |
| 4/29/2015 | Jamie S Gorelick | Director | Buy | 1,000 | $64.19 | $64,190.00 | |
| 2/11/2015 | Timothy Tomlinson | Director | Sell | 8,884 | $60.81 | $540,236.04 | |
| 11/13/2014 | Kathleen A Cote | Director | Sell | 3,546 | $60.07 | $213,008.22 | |
| 10/30/2014 | Richard H Goshorn | SVP | Sell | 12,940 | $58.58 | $758,025.20 | |
| 10/28/2014 | John D Roach | Director | Sell | 20,432 | $58.81 | $1,201,605.92 | |
| 3/5/2014 | Richard Goshorn | SVP | Sell | 7,832 | $56.01 | $438,670.32 | |
| 2/19/2014 | John Roach | Director | Sell | 11,000 | $55.53 | $610,830.00 | |
| 12/4/2013 | Roger H/Ca Moore | Director | Sell | 19,432 | $56.76 | $1,102,960.32 | |
| 11/4/2013 | Richard H Goshorn | SVP | Sell | 41,563 | $54.25 | $2,254,792.75 | |
| 8/6/2013 | Richard Goshorn | SVP | Sell | 6,581 | $48.54 | $319,441.74 | |
| 8/1/2013 | John D Roach | Director | Sell | 2,000 | $48.39 | $96,780.00 | |
| 7/30/2013 | Timothy Tomlinson | Director | Sell | 4,200 | $47.46 | $199,332.00 | |
| 5/22/2013 | Richard H Goshorn | SVP | Sell | 8,620 | $48.27 | $416,087.40 | |
| 2/5/2013 | William L Chenevich | Director | Sell | 8,000 | $44.83 | $358,640.00 | |
| 8/10/2012 | Roger H/Ca Moore | Director | Sell | 44,883 | $46.38 | $2,081,673.54 | |
(Data available from 1/1/2013 forward)
Headline Trends for VeriSign (NASDAQ:VRSN)
Latest Headlines for VeriSign (NASDAQ:VRSN)
| Source: |
|
| Date | Headline |
|---|
 | VeriSign, Inc. (VRSN) Scheduled to Post Earnings on Thursday
www.americanbankingnews.com - July 20 at 7:46 AM |
 | Internet Grows to 330.6 Million Domain Name Registrations in the First Quarter of 2017
finance.yahoo.com - July 19 at 9:10 AM |
| VeriSign, Inc. (VRSN) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - July 18 at 1:53 PM |
 | VeriSign Hits 52-Week High on Strong Security Product Demand - Nasdaq
www.nasdaq.com - July 14 at 10:05 PM |
| VeriSign Hits 52-Week High on Strong Security Product Demand
finance.yahoo.com - July 14 at 5:03 PM |
| Why You Shouldn't Bet Against VeriSign (VRSN) Stock
www.nasdaq.com - July 14 at 9:50 AM |
| Why You Shouldn't Bet Against VeriSign (VRSN) Stock
finance.yahoo.com - July 14 at 9:50 AM |
 | Verisign Inc. (VRSN): The Real Story May Be A Price Increase - Cowen - StreetInsider.com
www.streetinsider.com - July 5 at 11:22 AM |
| Verisign to Report Second Quarter 2017 Financial Results
finance.yahoo.com - July 4 at 8:39 AM |
| VeriSign's (VRSN) "Market Perform" Rating Reaffirmed at Cowen and Company
www.americanbankingnews.com - July 3 at 10:48 AM |
 | Verisign Announces Pricing of $550 Million Offering of Senior Unsecured Notes - Business Wire (press release)
www.businesswire.com - June 29 at 8:20 PM |
| Verisign Announces Pricing of $550 Million Offering of Senior Unsecured Notes
finance.yahoo.com - June 29 at 8:20 PM |
| Verisign Announces Proposed $450 Million Offering of Senior Unsecured Notes - Business Wire (press release)
www.businesswire.com - June 29 at 3:16 PM |
| VeriSign, 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 |
| Verisign Announces Proposed $450 Million Offering of Senior Unsecured Notes
finance.yahoo.com - June 29 at 7:54 AM |
| VeriSign, Inc. (VRSN) Expected to Post Quarterly Sales of $287.06 Million
www.americanbankingnews.com - June 25 at 10:08 AM |
| $0.89 EPS Expected for VeriSign, Inc. (VRSN) This Quarter
www.americanbankingnews.com - June 23 at 8:36 AM |
| VeriSign, Inc. (VRSN) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - June 22 at 4:44 PM |
| VeriSign, Inc. (VRSN) Lifted to Strong-Buy at BidaskClub
www.americanbankingnews.com - June 22 at 3:32 PM |
| VeriSign, Inc. (VRSN) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - June 14 at 2:18 PM |
| Zacks Investment Research Downgrades VeriSign, Inc. (VRSN) to Hold
www.americanbankingnews.com - June 12 at 3:06 PM |
| VeriSign, Inc. (VRSN)
finance.yahoo.com - June 9 at 2:10 AM |
| VRSN Crosses Above Average Analyst Target
www.nasdaq.com - June 6 at 1:51 AM |
| ETFs with exposure to VeriSign, Inc. : June 5, 2017
finance.yahoo.com - June 6 at 1:51 AM |
| Verisign, Inc. (VRSN) Upgraded at Zacks Investment Research
www.americanbankingnews.com - June 5 at 3:06 PM |
| Verisign, Inc. (VRSN) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - June 2 at 1:50 PM |
| Analysts Expect Verisign, Inc. (VRSN) Will Post Quarterly Sales of $287.49 Million
www.americanbankingnews.com - June 1 at 1:18 PM |
| Verisign, Inc. (VRSN) Upgraded to Buy at Zacks Investment Research
www.americanbankingnews.com - May 30 at 10:14 PM |
| Verisign, Inc. (VRSN) Expected to Post Earnings of $0.89 Per Share
www.americanbankingnews.com - May 30 at 9:14 AM |
| Why Is VeriSign (VRSN) Up 1.8% Since the Last Earnings Report? - Nasdaq
www.nasdaq.com - May 30 at 7:19 AM |
| Why Is VeriSign (VRSN) Up 1.8% Since the Last Earnings Report?
finance.yahoo.com - May 30 at 7:19 AM |
| Zacks Investment Research Lowers Verisign, Inc. (VRSN) to Hold
www.americanbankingnews.com - May 26 at 1:34 PM |
| 4 Safe Cybersecurity Stocks: VRSN, NICE, QLYS, MIME
finance.yahoo.com - May 23 at 7:59 PM |
| VeriSign, Inc. breached its 50 day moving average in a Bullish Manner : VRSN-US : May 19, 2017
finance.yahoo.com - May 19 at 1:40 PM |
| 5 Stocks to Buy for Explosive Earnings Acceleration
finance.yahoo.com - May 17 at 9:26 AM |
| Verisign, Inc. (VRSN) Expected to Announce Quarterly Sales of $287.49 Million
www.americanbankingnews.com - May 6 at 9:03 AM |
| ETFs with exposure to VeriSign, Inc. : May 4, 2017
finance.yahoo.com - May 5 at 3:27 AM |
| Verisign (VRSN) Earns Daily News Impact Score of 0.24
www.americanbankingnews.com - May 4 at 4:44 PM |
| Verisign, Inc. (VRSN) Expected to Announce Earnings of $0.89 Per Share
www.americanbankingnews.com - May 4 at 11:23 AM |
| VeriSign, Inc. :VRSN-US: Earnings Analysis: Q1, 2017 By the Numbers : May 3, 2017
finance.yahoo.com - May 3 at 6:53 PM |
| Verisign, Inc. (VRSN) Raised to "Buy" at Zacks Investment Research
www.americanbankingnews.com - May 2 at 10:58 AM |
| Positive Press Coverage Extremely Likely to Affect Verisign (VRSN) Stock Price
www.americanbankingnews.com - May 1 at 3:30 PM |
| VeriSign (VRSN) Q1 Earnings In Line, Revenues Beat Estimates
finance.yahoo.com - April 29 at 1:01 AM |
| Verisign (VRSN) Receiving Somewhat Positive News Coverage, Study Finds
www.americanbankingnews.com - April 28 at 1:36 PM |
| Verisign Inc. Q1 Income Climbs 6% - Nasdaq
www.nasdaq.com - April 28 at 10:32 AM |
| Edited Transcript of VRSN earnings conference call or presentation 27-Apr-17 8:30pm GMT
finance.yahoo.com - April 28 at 10:32 AM |
| Verisign, Inc. (VRSN) Announces Earnings Results, Beats Estimates By $0.02 EPS
www.americanbankingnews.com - April 28 at 1:03 AM |
 | VeriSign (VRSN) Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - April 27 at 11:06 PM |
| Verisign Reports First Quarter 2017 Results
finance.yahoo.com - April 27 at 11:06 PM |
| VeriSign beats Street 1Q forecasts
finance.yahoo.com - April 27 at 11:06 PM |
VeriSign (VRSN) Chart for Thursday, July, 20, 2017
