Verisign Company Profile (NASDAQ:VRSN)

About Verisign (NASDAQ:VRSN)

Verisign logoVeriSign, 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: Internet Information Providers
  • Sub-Industry: Internet Software & Services
  • Symbol: NASDAQ:VRSN
  • CUSIP: 92343E10
  • Web: www.verisign.com
Capitalization:
  • Market Cap: $9.15 billion
  • Outstanding Shares: 101,475,000
Average Prices:
  • 50 Day Moving Avg: $89.13
  • 200 Day Moving Avg: $83.72
  • 52 Week Range: $74.01 - $91.80
P/E:
  • Trailing P/E Ratio: 25.46
  • Foreward P/E Ratio: 20.91
  • P/E Growth: 2.88
Sales & Book Value:
  • Annual Revenue: $1.15 billion
  • Price / Sales: 7.95
  • Book Value: ($11.66) per share
  • Price / Book: -7.73
Profitability:
  • EBIDTA: $751.48 million
  • Net Margins: 38.58%
  • Return on Equity: -36.88%
  • Return on Assets: 18.32%
Debt:
  • Debt-to-Equity Ratio: -1.03%
  • Current Ratio: 1.21%
  • Quick Ratio: 1.21%
Misc:
  • Average Volume: 820,141 shs.
  • Beta: 1.2
  • Short Ratio: 12.14
 

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 approved a stock buyback program on Monday, April 10th 2017, which authorizes the company to repurchase $641,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 7.4% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's management believes its shares are undervalued.

How were Verisign's earnings last quarter?

Verisign, Inc. (NASDAQ:VRSN) issued its earnings results on Thursday, April, 27th. The company reported $0.86 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $0.86. The firm earned $288.60 million during the quarter, compared to analyst estimates of $284.70 million. Verisign had a net margin of 38.58% and a negative return on equity of 36.88%. The firm's revenue was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.85 EPS. View Verisign's Earnings History.

When will Verisign make its next earnings announcement?

Verisign is scheduled to release their next quarterly earnings announcement on Wednesday, July, 26th 2017. View Earnings Estimates for Verisign.

Where is Verisign's stock going? Where will Verisign's stock price be in 2017?

4 analysts have issued 1-year price targets 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?

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 many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.37%), BlackRock Inc. (7.59%), Renaissance Technologies LLC (4.04%), Principal Financial Group Inc. (3.23%), Investec Asset Management LTD (2.21%) and First Trust Advisors LP (0.97%). 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 Old Mutual Global Investors UK Ltd., Janus Capital Management LLC, Gotham Asset Management LLC, Parametric Portfolio Associates LLC, Renaissance Technologies LLC, NorthCoast Asset Management LLC, AQR Capital Management LLC and Roosevelt Investment Group Inc.. View Insider Buying and Selling for Verisign.

Who bought Verisign stock? Who is buying Verisign stock?

Verisign's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Gruss Capital Management LP, Strs Ohio, WINTON GROUP Ltd, TIAA CREF Investment Management LLC, Baird Financial Group Inc., Boston Partners and Columbia Wanger Asset Management 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 $90.14.


MarketBeat Community Rating for Verisign (NASDAQ VRSN)
Community Ranking:  2.1 out of 5 ( )
Outperform Votes:  114 (Vote Outperform)
Underperform Votes:  159 (Vote Underperform)
Total Votes:  273
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.

Analyst Ratings

Consensus Ratings for Verisign (NASDAQ:VRSN) (?)
Ratings Breakdown: 1 Sell Rating, 3 Hold Ratings
Consensus Rating:Hold (Score: 1.75)
Consensus Price Target: $84.25 (6.53% downside)

Analysts' Ratings History for Verisign (NASDAQ:VRSN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/12/2017Citigroup IncUpgradeSell -> NeutralMediumView Rating Details
4/3/2017Cowen and CompanyBoost Price TargetMarket Perform$89.00 -> $94.00LowView Rating Details
2/28/2017Robert W. BairdReiterated RatingNeutral -> Neutral$85.00N/AView Rating Details
7/29/2016JPMorgan Chase & Co.Boost Price TargetUnderweight$84.00 -> $88.00N/AView Rating Details
7/27/2015Topeka Capital MarketsBoost Price TargetBuy$72.00 -> $90.00N/AView Rating Details
(Data available from 5/29/2015 forward)

Earnings

Earnings History for Verisign (NASDAQ:VRSN)
Earnings by Quarter for Verisign (NASDAQ:VRSN)
Earnings History by Quarter for Verisign (NASDAQ VRSN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/26/2017        
4/27/2017Q1 2017$0.86$0.86$284.70 million$288.60 millionViewN/AView Earnings Details
2/9/2017Q416$0.88$0.92$282.97 million$286.00 millionViewListenView Earnings Details
10/27/2016Q316$0.87$0.93$287.08 million$287.60 millionViewListenView Earnings Details
7/28/2016Q216$0.86$0.91$284.34 million$286.00 millionViewListenView Earnings Details
4/28/2016Q116$0.83$0.85$277.77 million$281.90 millionViewListenView Earnings Details
2/11/2016Q415$0.78$0.79$270.07 million$273.00 millionViewListenView Earnings Details
10/22/2015Q315$0.77$0.78$265.26 million$265.80 millionViewListenView Earnings Details
7/23/2015Q215$0.75$0.74$261.89 million$263.00 millionViewListenView Earnings Details
4/23/2015Q115$0.75$0.74$259.00 million$258.40 millionViewN/AView Earnings Details
2/5/2015Q414$0.72$0.70$256.70 million$255.92 millionViewN/AView Earnings Details
10/23/2014Q314$0.69$0.70$253.46 million$255.02 millionViewListenView Earnings Details
7/24/2014Q214$0.64$0.68$251.69 million$250.40 millionViewN/AView Earnings Details
4/24/2014Q114$0.63$0.64$248.98 million$248.80 millionViewN/AView Earnings Details
2/6/2014Q413$0.28$0.65$244.77 million$246.00 millionViewN/AView Earnings Details
10/24/2013Q313$0.56$0.59$240.52 million$244.00 millionViewN/AView Earnings Details
7/25/2013Q2 2013$0.55$0.58$237.14 million$239.00 millionViewN/AView Earnings Details
4/25/2013Q1 2013$0.54$0.58$232.60 million$236.50 millionViewN/AView Earnings Details
1/24/2013Q4 2012$0.51$0.59$229.28 million$230.20 millionViewN/AView Earnings Details
10/25/2012$0.49$0.50ViewN/AView Earnings Details
7/26/2012$0.45$0.45ViewN/AView Earnings Details
4/26/2012$0.43$0.42ViewN/AView Earnings Details
1/26/2012$0.41$0.40ViewN/AView Earnings Details
10/27/2011$0.37$0.39ViewN/AView Earnings Details
7/28/2011$0.35$0.38ViewN/AView Earnings Details
4/28/2011$0.32$0.32ViewN/AView Earnings Details
1/27/2011$0.30$0.31ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Verisign (NASDAQ:VRSN)
Current Year EPS Consensus Estimate: $3.94 EPS
Next Year EPS Consensus Estimate: $4.31 EPS

Dividends

Dividend History for Verisign (NASDAQ:VRSN)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Verisign (NASDAQ:VRSN)
Insider Ownership Percentage: 0.92%
Insider Trades by Quarter for Verisign (NASDAQ:VRSN)
Institutional Ownership by Quarter for Verisign (NASDAQ:VRSN)
Insider Trades by Quarter for Verisign (NASDAQ:VRSN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/2/2016Timothy TomlinsonDirectorSell1,477$85.30$125,988.10View SEC Filing  
4/29/2016Berkshire Hathaway IncMajor ShareholderSell32,255$89.30$2,880,371.50View SEC Filing  
2/17/2016Timothy TomlinsonDirectorSell1,350$81.48$109,998.00View SEC Filing  
4/29/2015Jamie S GorelickDirectorBuy1,000$64.19$64,190.00View SEC Filing  
2/11/2015Timothy TomlinsonDirectorSell8,884$60.81$540,236.04View SEC Filing  
11/13/2014Kathleen A CoteDirectorSell3,546$60.07$213,008.22View SEC Filing  
10/30/2014Richard H GoshornSVPSell12,940$58.58$758,025.20View SEC Filing  
10/28/2014John D RoachDirectorSell20,432$58.81$1,201,605.92View SEC Filing  
3/5/2014Richard GoshornSVPSell7,832$56.01$438,670.32View SEC Filing  
2/19/2014John RoachDirectorSell11,000$55.53$610,830.00View SEC Filing  
12/4/2013Roger H/Ca MooreDirectorSell19,432$56.76$1,102,960.32View SEC Filing  
11/4/2013Richard H GoshornSVPSell41,563$54.25$2,254,792.75View SEC Filing  
8/6/2013Richard GoshornSVPSell6,581$48.54$319,441.74View SEC Filing  
8/1/2013John D RoachDirectorSell2,000$48.39$96,780.00View SEC Filing  
7/30/2013Timothy TomlinsonDirectorSell4,200$47.46$199,332.00View SEC Filing  
5/22/2013Richard H GoshornSVPSell8,620$48.27$416,087.40View SEC Filing  
2/5/2013William L ChenevichDirectorSell8,000$44.83$358,640.00View SEC Filing  
8/10/2012Roger H/Ca MooreDirectorSell44,883$46.38$2,081,673.54View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Verisign (NASDAQ:VRSN)
Latest Headlines for Verisign (NASDAQ:VRSN)
Source:
DateHeadline
americanbankingnews.com logoZacks Investment Research Lowers Verisign, Inc. (VRSN) to Hold
www.americanbankingnews.com - May 26 at 1:34 PM
finance.yahoo.com logo4 Safe Cybersecurity Stocks: VRSN, NICE, QLYS, MIME
finance.yahoo.com - May 23 at 7:59 PM
finance.yahoo.com logoVeriSign, 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
finance.yahoo.com logo5 Stocks to Buy for Explosive Earnings Acceleration
finance.yahoo.com - May 17 at 9:26 AM
americanbankingnews.com logoVerisign, Inc. (VRSN) Expected to Announce Quarterly Sales of $287.49 Million
www.americanbankingnews.com - May 6 at 9:03 AM
finance.yahoo.com logoETFs with exposure to VeriSign, Inc. : May 4, 2017
finance.yahoo.com - May 5 at 3:27 AM
americanbankingnews.com logoVerisign (VRSN) Earns Daily News Impact Score of 0.24
www.americanbankingnews.com - May 4 at 4:44 PM
americanbankingnews.com logoVerisign, Inc. (VRSN) Expected to Announce Earnings of $0.89 Per Share
www.americanbankingnews.com - May 4 at 11:23 AM
finance.yahoo.com logoVeriSign, Inc. :VRSN-US: Earnings Analysis: Q1, 2017 By the Numbers : May 3, 2017
finance.yahoo.com - May 3 at 6:53 PM
americanbankingnews.com logoVerisign, Inc. (VRSN) Raised to "Buy" at Zacks Investment Research
www.americanbankingnews.com - May 2 at 10:58 AM
americanbankingnews.com logoPositive Press Coverage Extremely Likely to Affect Verisign (VRSN) Stock Price
www.americanbankingnews.com - May 1 at 3:30 PM
finance.yahoo.com logoVeriSign (VRSN) Q1 Earnings In Line, Revenues Beat Estimates
finance.yahoo.com - April 29 at 1:01 AM
americanbankingnews.com logoVerisign (VRSN) Receiving Somewhat Positive News Coverage, Study Finds
www.americanbankingnews.com - April 28 at 1:36 PM
nasdaq.com logoVerisign Inc. Q1 Income Climbs 6% - Nasdaq
www.nasdaq.com - April 28 at 10:32 AM
finance.yahoo.com logoEdited Transcript of VRSN earnings conference call or presentation 27-Apr-17 8:30pm GMT
finance.yahoo.com - April 28 at 10:32 AM
americanbankingnews.com logoVerisign, Inc. (VRSN) Announces Earnings Results, Beats Estimates By $0.02 EPS
www.americanbankingnews.com - April 28 at 1:03 AM
seekingalpha.com logoVeriSign (VRSN) Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - April 27 at 11:06 PM
finance.yahoo.com logoVerisign Reports First Quarter 2017 Results
finance.yahoo.com - April 27 at 11:06 PM
finance.yahoo.com logoVeriSign beats Street 1Q forecasts
finance.yahoo.com - April 27 at 11:06 PM
finance.yahoo.com logoInvestor Network: VeriSign, Inc. to Host Earnings Call
finance.yahoo.com - April 27 at 11:48 AM
finance.yahoo.com logoVeriSign (VRSN) to Report Q1 Earnings: What's in the Cards? - Yahoo Finance
finance.yahoo.com - April 26 at 8:22 AM
nasdaq.com logoVeriSign (VRSN) to Report Q1 Earnings: What's in the Cards?
www.nasdaq.com - April 25 at 7:30 PM
finance.yahoo.com logoVeriSign (VRSN) to Report Q1 Earnings: What's in the Cards?
finance.yahoo.com - April 25 at 7:30 PM
americanbankingnews.com logoVery Favorable Press Coverage Extremely Likely to Affect Verisign (VRSN) Share Price
www.americanbankingnews.com - April 24 at 10:22 AM
americanbankingnews.com logoVerisign (VRSN) Given Media Impact Rating of -0.12
www.americanbankingnews.com - April 21 at 5:48 PM
seekingalpha.com logoVeriSign Stock Repurchase Capacity - VeriSign, Inc. (NASDAQ ... - Seeking Alpha
seekingalpha.com - April 19 at 8:18 AM
americanbankingnews.com logoVerisign (VRSN) Earns Daily Media Sentiment Score of 0.07
www.americanbankingnews.com - April 18 at 1:18 PM
americanbankingnews.com logo Analysts Anticipate Verisign, Inc. (VRSN) Will Post Quarterly Sales of $286.66 Million
www.americanbankingnews.com - April 15 at 9:15 AM
americanbankingnews.com logoVerisign (VRSN) Given Daily News Impact Rating of 0.27
www.americanbankingnews.com - April 15 at 8:02 AM
americanbankingnews.com logoCitigroup Inc Upgrades Verisign, Inc. (VRSN) to "Neutral"
www.americanbankingnews.com - April 13 at 11:14 PM
americanbankingnews.com logo Brokerages Expect Verisign, Inc. (VRSN) to Post $0.86 EPS
www.americanbankingnews.com - April 13 at 11:25 AM
americanbankingnews.com logoStock Buyback Plan Initiated by Verisign (VRSN)
www.americanbankingnews.com - April 10 at 9:22 AM
finance.yahoo.com logoAccenture Completes Acquisition of iDefense Security Intelligence Services, Expands Ability to Provide Clients with Faster, More Complete Threat Intelligence
finance.yahoo.com - April 3 at 8:39 PM
finance.yahoo.com logoVerisign to Report First Quarter 2017 Financial Results
finance.yahoo.com - April 3 at 8:39 PM
americanbankingnews.com logoVerisign, Inc. (VRSN) Rating Reiterated by Cowen and Company
www.americanbankingnews.com - April 3 at 1:16 PM
finance.yahoo.com logoForget Expedia, Invest in These 4 Internet Stocks Instead
finance.yahoo.com - March 30 at 3:19 PM
bizjournals.com logoMillions of USAA members adopting biometric authentication over passwords
www.bizjournals.com - March 16 at 8:34 PM
thestreet.com logoFive Stocks Breaking Out of Weekly Technical Chart Patterns
www.thestreet.com - March 13 at 8:16 AM
seekingalpha.com logoThe Internet Gatekeeper Is A Buy
seekingalpha.com - March 8 at 12:19 AM
finance.yahoo.com logoInternet Grows to 329.3 Million Domain Name Registrations in the Fourth Quarter of 2016
finance.yahoo.com - February 28 at 8:11 PM
nasdaq.com logoFirst Week of May 19th Options Trading For Verisign
www.nasdaq.com - February 25 at 4:17 AM
finance.yahoo.com logoVERISIGN INC/CA Financials
finance.yahoo.com - February 23 at 11:45 PM
biz.yahoo.com logoVERISIGN INC/CA Files SEC form 10-K, Annual Report
biz.yahoo.com - February 17 at 5:06 PM
finance.yahoo.com logoVerisign Announces 3.25% Junior Subordinated Convertible Debentures Due 2037 to Pay Contingent Interest
finance.yahoo.com - February 17 at 6:50 AM
finance.yahoo.com logoPost Earnings Coverage as Zillow's Revenue Soared 34%
finance.yahoo.com - February 13 at 9:55 AM
seekingalpha.com logoVeriSign (VRSN) Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 10 at 6:30 AM
biz.yahoo.com logoQ4 2016 Verisign Inc Earnings Release - 4:05 pm ET
us.rd.yahoo.com - February 10 at 6:30 AM
us.rd.yahoo.com logoVerisign Reports Fourth Quarter and Full Year 2016 Results
us.rd.yahoo.com - February 10 at 6:30 AM
us.rd.yahoo.com logo4:09 pm VeriSign beats by $0.04, beats on revs; approves an additional authorization for share repurchases of about $641 mln
us.rd.yahoo.com - February 10 at 6:30 AM
biz.yahoo.com logoVERISIGN INC/CA Files SEC form 8-K, Results of Operations and Financial Condition
us.rd.yahoo.com - February 10 at 6:30 AM

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Chart

Verisign (VRSN) Chart for Monday, May, 29, 2017

This page was last updated on 5/29/2017 by MarketBeat.com Staff