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

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$181.27 -0.40 (-0.22 %)
(As of 03/25/2019 04:00 PM ET)
Previous Close$181.67
Today's Range$179.60 - $182.19
52-Week Range$114.01 - $185.75
Volume469,500 shs
Average Volume626,160 shs
Market Capitalization$21.70 billion
P/E Ratio38.16
Dividend YieldN/A
Beta1.08
VeriSign, Inc. provides domain name registry services and Internet infrastructure in the United States and internationally. The company offers registry services that operate the authoritative directory of and/or the back-end systems for .com, .net, .cc, .tv, .gov, .jobs, .edu, .name, and other domain names. Its registry services allow individuals and organizations to establish their online identities. The company also provides root zone maintainer services. VeriSign, Inc. was founded in 1995 and is headquartered in Reston, Virginia.

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Industry, Sector and Symbol

Industry Custom computer programming services
Sub-IndustryInternet Software & Services
SectorComputer and Technology
Current SymbolNASDAQ:VRSN
CUSIP92343E10
Phone703-948-3200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.21 billion
Cash Flow$5.1148 per share
Book Value($11.46) per share

Profitability

Net Income$582.48 million

Miscellaneous

EmployeesN/A
Market Cap$21.70 billion
Next Earnings Date4/25/2019 (Estimated)
OptionableOptionable

Verisign (NASDAQ:VRSN) Frequently Asked Questions

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 authorized a stock repurchase plan on Saturday, February 10th 2018, which permits the company to repurchase $586,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued.

How were Verisign's earnings last quarter?

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

When is Verisign's next earnings date?

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

What price target have analysts set for VRSN?

4 equities research analysts have issued 12 month price objectives for Verisign's shares. Their forecasts range from $155.00 to $195.00. On average, they anticipate Verisign's stock price to reach $170.00 in the next twelve months. This suggests that the stock has a possible downside of 6.2%. View Analyst Price Targets for Verisign.

What is the consensus analysts' recommendation 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.

Has Verisign been receiving favorable news coverage?

Media stories about VRSN stock have trended somewhat negative recently, according to InfoTrie. The research firm ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Verisign earned a news sentiment score of -1.1 on InfoTrie's scale. They also assigned press coverage about the information services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next few days.

Are investors shorting Verisign?

Verisign saw a decline in short interest in the month of February. As of February 15th, there was short interest totalling 1,697,781 shares, a decline of 26.8% from the January 31st total of 2,318,917 shares. Based on an average trading volume of 656,577 shares, the short-interest ratio is presently 2.6 days. Approximately 1.4% of the company's stock are sold short. View Verisign's Current Options Chain.

Who are some of Verisign's key competitors?

What other stocks do shareholders of Verisign own?

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

Who are Verisign's key executives?

Verisign's management team includes the folowing people:
  • Mr. D. James Bidzos, Founder, Exec. Chairman, Pres & CEO (Age 64)
  • Mr. George E. Kilguss III, Exec. VP & CFO (Age 58)
  • Mr. Todd B. Strubbe, Exec. VP & COO (Age 56)
  • Mr. Thomas C. Indelicarto, Exec. VP, Gen. Counsel & Sec. (Age 55)
  • Dr. Burt Kaliski Jr., Sr. VP & CTO

Who are Verisign's major shareholders?

Verisign's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.32%), Oregon Public Employees Retirement Fund (3.11%), Principal Financial Group Inc. (2.47%), Investec Asset Management LTD (2.14%), APG Asset Management N.V. (1.75%) and First Trust Advisors LP (1.62%). Company insiders that own Verisign stock include Kathleen A Cote, Thomas C Indelicarto and Timothy Tomlinson. View Institutional Ownership Trends for Verisign.

Which institutional investors are selling Verisign stock?

VRSN stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Prudential Financial Inc., APG Asset Management N.V., Los Angeles Capital Management & Equity Research Inc., Standard Life Aberdeen plc, Teacher Retirement System of Texas, Bank of Montreal Can and State of Alaska Department of Revenue. 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.

Which institutional investors are buying Verisign stock?

VRSN stock was acquired by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Norges Bank, Cantillon Capital Management LLC, FMR LLC, Fundsmith LLP, Ackerman Capital Advisors LLC, Millennium Management LLC and BlackRock Inc.. View Insider Buying and Selling for Verisign.

How do I buy shares of 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.

What is Verisign's stock price today?

One share of VRSN stock can currently be purchased for approximately $181.27.

How big of a company is Verisign?

Verisign has a market capitalization of $21.70 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.

What is Verisign's official website?

The official website for Verisign is http://www.verisign.com.

How can I contact Verisign?

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]


MarketBeat Community Rating for Verisign (NASDAQ VRSN)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  264 (Vote Outperform)
Underperform Votes:  361 (Vote Underperform)
Total Votes:  625
MarketBeat's community ratings are surveys of what our community members think about Verisign and other stocks. Vote "Outperform" if you believe VRSN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VRSN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/25/2019 by MarketBeat.com Staff

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