NASDAQ:VRSN - Verisign Stock Price, Forecast & News

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

Verisign, Inc. (NASDAQ:VRSN) issued its quarterly earnings data on Thursday, February, 6th. The information services provider reported $1.31 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.33 by $0.02. The information services provider earned $319.54 million during the quarter, compared to the consensus estimate of $310.40 million. Verisign had a net margin of 49.71% and a negative return on equity of 41.23%. The company's revenue for the quarter was up 3.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.58 EPS. View Verisign's Earnings History.

Verisign is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for Verisign.

2 equities research analysts have issued twelve-month price targets for Verisign's stock. Their forecasts range from $195.00 to $240.00. On average, they expect Verisign's stock price to reach $217.50 in the next twelve months. This suggests a possible upside of 4.0% 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.

Media stories about VRSN stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Verisign earned a media sentiment score of -1.9 on InfoTrie's scale. They also assigned news stories about the information services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Verisign.

Verisign saw a decline in short interest in the month of January. As of January 31st, there was short interest totalling 1,350,000 shares, a decline of 6.9% from the January 15th total of 1,450,000 shares. Based on an average daily trading volume, of 593,700 shares, the days-to-cover ratio is presently 2.3 days. Currently, 1.2% of the company's stock are short sold. 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), Envestnet (ENV), LogMeIn (LOGM), ANGI Homeservices (ANGI), Cornerstone OnDemand (CSOD), Cimpress (CMPR), Yelp (YELP) and LivePerson (LPSN).

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

Verisign's stock is owned by a number of of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (7.04%), State Street Corp (3.77%), Capital International Investors (2.73%), Investec Asset Management LTD (2.62%), Principal Financial Group Inc. (2.02%) and Geode Capital Management LLC (1.68%). 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 FMR LLC, Janus Henderson Group PLC, AQR Capital Management LLC, First Trust Advisors LP, Capital World Investors, Bank of New York Mellon Corp, Massachusetts Financial Services Co. MA and Charles Schwab Investment Management Inc.. View Insider Buying and Selling for Verisign.

VRSN stock was purchased by a variety of institutional investors in the last quarter, including Melvin Capital Management LP, Fred Alger Management LLC, Investec Asset Management LTD, Los Angeles Capital Management & Equity Research Inc., Goldman Sachs Group Inc., MERIAN GLOBAL INVESTORS UK Ltd, MERIAN GLOBAL INVESTORS UK Ltd and Jacobs Levy Equity Management Inc.. 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 $209.06.

Verisign has a market capitalization of $24.34 billion and generates $1.23 billion in revenue each year. The information services provider earns $612.30 million in net income (profit) each year or $5.15 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]