NASDAQ:VRSN - Verisign Stock Price, News, & Analysis

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

Verisign announced that its board has authorized a stock repurchase program 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 buy shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its shares are undervalued.

Verisign, Inc. (NASDAQ:VRSN) released its quarterly earnings results on Thursday, February, 7th. The information services provider reported $1.58 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.21 by $0.37. The information services provider earned $307.45 million during the quarter, compared to analysts' expectations of $308.64 million. Verisign had a net margin of 47.94% and a negative return on equity of 42.50%. The firm's revenue was up 4.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.96 EPS. View Verisign's Earnings History.

Verisign is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for Verisign.

Verisign will be holding an earnings conference call on Thursday, April 25th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8886768776.

4 Wall Street analysts have issued twelve-month target prices for Verisign's stock. Their forecasts range from $155.00 to $195.00. On average, they expect Verisign's stock price to reach $170.00 in the next twelve months. This suggests that the stock has a possible downside of 8.9%. View Analyst Price Targets for Verisign.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Verisign in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Verisign.

News coverage about VRSN stock has trended neutral recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. 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 coverage optimism score of 0.4 on InfoTrie's scale. They also assigned news articles about the information services provider a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term.

Some companies that are related to Verisign include Infosys (INFY), Cognizant Technology Solutions (CTSH), Wipro (WIT), NTT DATA CORP/ADR (NTDTY), EPAM Systems (EPAM), Obic (OBIIF), Zscaler (ZS), Aspen Technology (AZPN), Amdocs (DOX), Sogou (SOGO), Luxoft (LXFT), PROS (PRO), Endava (DAVA), Virtusa (VRTU) and Glu Mobile (GLUU).

Based on aggregate information from My MarketBeat watchlists, some companies that other Verisign investors own include Alibaba Group (BABA), NVIDIA (NVDA), Micron Technology (MU), Netflix (NFLX), Motorola Solutions (MSI), Twitter (TWTR), Intel (INTC), Boeing (BA), Tesla (TSLA) and Baidu (BIDU).

Verisign's stock is owned by many different of retail and institutional investors. Top institutional investors include Gateway Investment Advisers LLC (0.12%), Strs Ohio (0.11%), Nisa Investment Advisors LLC (0.03%), Denali Advisors LLC (0.02%), Gulf International Bank UK Ltd (0.02%) and Denali 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 Denali Advisors LLC, Denali Advisors LLC, Gateway Investment Advisers LLC, TrimTabs Asset Management LLC, DNB Asset Management AS, CenturyLink Investment Management Co, Appleton Partners Inc. MA and Strs Ohio. 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 acquired by a variety of institutional investors in the last quarter, including Pacer Advisors Inc., Virtu Financial LLC, WESPAC Advisors LLC, Nisa Investment Advisors LLC, Dorsey Wright & Associates, NuWave Investment Management LLC, Sciencast Management LP and First Citizens Bank & Trust Co.. 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, Scottrade, Fidelity and Charles Schwab.

One share of VRSN stock can currently be purchased for approximately $186.65.

Verisign has a market capitalization of $22.29 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.

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]