About VeriSign (NASDAQ:VRSN)
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 and Managed DNS Services. DDoS Protection Services supports online business continuity by providing monitoring and mitigation services against DDoS attacks. 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
- Sub-Industry: Internet Software & Services
- Symbol: NASDAQ:VRSN
- CUSIP: 92343E10
- Web: www.verisign.com
- Market Cap: $10.88539 billion
- Outstanding Shares: 99,920,000
- 50 Day Moving Avg: $106.12
- 200 Day Moving Avg: $96.95
- 52 Week Range: $75.71 - $110.82
Sales & Book Value:
- Trailing P/E Ratio: 29.69
- Foreward P/E Ratio: 27.44
- P/E Growth: 3.41
- Annual Revenue: $1.15 billion
- Price / Sales: 9.47
- Book Value: ($12.01) per share
- Price / Book: -9.07
- EBITDA: $747.69 million
- Net Margins: 39.92%
- Return on Equity: -36.99%
- Return on Assets: 18.95%
- Debt-to-Equity Ratio: -1.03%
- Current Ratio: 1.21%
- Quick Ratio: 1.21%
- Average Volume: 691,852 shs.
- Beta: 1.19
- 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 announced that its board has approved a stock repurchase plan on Monday, April 10th 2017, which authorizes the company to repurchase $641,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 7.4% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board believes its shares are undervalued.
How were VeriSign's earnings last quarter?
VeriSign, Inc. (NASDAQ:VRSN) posted its quarterly earnings data on Thursday, July, 27th. The company reported $1.05 EPS for the quarter, topping analysts' consensus estimates of $0.99 by $0.06. The business 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%. The company's quarterly revenue was up .9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.91 earnings per share. 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?
3 analysts have issued 12-month price targets for VeriSign's stock. Their forecasts range from $94.00 to $105.00. On average, they anticipate VeriSign's stock price to reach $99.50 in the next year. 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), Total System Services (TSS), Gartner (IT), CDW Corporation (CDW), Amdocs Limited (DOX), Akamai Technologies (AKAM), Jack Henry & Associates (JKHY), F5 Networks (FFIV), Fortinet (FTNT), LogMein (LOGM), Booz Allen Hamilton Holding Corporation (BAH), CSRA (CSRA), GoDaddy (GDDY), Aspen Technology (AZPN), EPAM Systems (EPAM), Medidata Solutions (MDSO) and Proofpoint (PFPT).
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 investors include APG Asset Management N.V. (1.17%), Robeco Institutional Asset Management B.V. (0.05%), State Treasurer State of Michigan (0.03%), Denali Advisors LLC (0.01%), Mutual of America Capital Management LLC (0.01%) and Assenagon Asset Management S.A. (0.01%). Company insiders that own VeriSign stock include Berkshire Hathaway Inc, Kathleen A Cote 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 Denali Advisors LLC, State Treasurer State of Michigan and Mutual of America Capital Management LLC. Company insiders that have sold VeriSign stock in the last year include Kathleen A Cote and Timothy Tomlinson. 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 APG Asset Management N.V., Robeco Institutional Asset Management B.V. and Assenagon Asset Management S.A.. 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?
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.
One share of VeriSign stock can currently be purchased for approximately $108.94.
Earnings History for VeriSign (NASDAQ:VRSN)Earnings History by Quarter for VeriSign (NASDAQ VRSN)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/27/2017||Q2 2017||$0.99||$1.05||$287.47 million||$289.00 million||View||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|
Earnings Estimates for VeriSign (NASDAQ:VRSN)
Current Year EPS Consensus Estimate: $3.67 EPS
Next Year EPS Consensus Estimate: $3.97 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)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/22/2017||Kathleen A Cote||Director||Sell||1,500||$99.94||$149,910.00|| |
|8/1/2017||Timothy Tomlinson||Director||Sell||1,240||$101.00||$125,240.00|| |
|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|| |
Headline Trends for VeriSign (NASDAQ:VRSN)
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VeriSign (VRSN) Chart for Sunday, October, 22, 2017