NASDAQ:VRSN - Verisign Stock Price, Forecast & News

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

Verisign declared that its board has approved a share repurchase program on Saturday, February 10th 2018, which permits the company to repurchase $586,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board of directors believes its stock is undervalued.

Verisign, Inc. (NASDAQ:VRSN) released its quarterly earnings data on Thursday, October, 24th. The information services provider reported $1.36 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.31 by $0.05. The information services provider earned $308.42 million during the quarter, compared to analyst estimates of $308.34 million. Verisign had a negative return on equity of 44.38% and a net margin of 52.60%. The firm's revenue for the quarter was up .9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.23 earnings per share. View Verisign's Earnings History.

Verisign is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for Verisign.

Verisign will be holding an earnings conference call on Thursday, February 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

2 brokerages have issued 1 year price objectives 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 year. This suggests a possible upside of 1.6% 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.

News stories about VRSN stock have been trending very negative on Friday, InfoTrie reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded 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 -3.6 on InfoTrie's scale. They also assigned news headlines about the information services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Verisign.

Verisign saw a increase in short interest in the month of December. As of December 13th, there was short interest totalling 1,400,000 shares, an increase of 18.6% from the November 28th total of 1,180,000 shares. Based on an average daily volume of 625,700 shares, the days-to-cover ratio is currently 2.2 days. Currently, 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 Facebook (FB), Equinix (EQIX), eBay (EBAY), Twitter (TWTR), CoStar Group (CSGP), Akamai Technologies (AKAM), SEA (SE), J2 Global (JCOM), ANGI Homeservices (ANGI), LogMeIn (LOGM), Envestnet (ENV), Cornerstone OnDemand (CSOD), Cimpress (CMPR), LivePerson (LPSN) and Yelp (YELP).

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

Verisign's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.15%), Gateway Investment Advisers LLC (0.11%), Johanson Financial Advisors Inc. (0.10%), State of Alaska Department of Revenue (0.04%), Commerzbank Aktiengesellschaft FI (0.04%) and Nisa Investment Advisors LLC (0.02%). 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 Nisa Investment Advisors LLC, DNB Asset Management AS, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Tuttle Tactical Management, State of Alaska Department of Revenue, Gateway Investment Advisers LLC, CenturyLink Investment Management Co and IFM Investors Pty Ltd. View Insider Buying and Selling for Verisign.

VRSN stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Johanson Financial Advisors Inc., Alpine Global Management LLC, PGGM Investments, Diversified Trust Co, Allworth Financial LP and Allred Capital Management 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 $214.00.

Verisign has a market capitalization of $25.13 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]