NASDAQ:VRSNVerisign Stock Price, Forecast & News

Verisign's stock was trading at $178.03 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, VRSN stock has increased by 20.2% and is now trading at $213.96. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Verisign in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Verisign.

Verisign is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Verisign.

Verisign, Inc. (NASDAQ:VRSN) posted its earnings results on Thursday, April, 23rd. The information services provider reported $1.51 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.28 by $0.23. The information services provider had revenue of $313 million for the quarter, compared to the consensus estimate of $309.25 million. Verisign had a negative return on equity of 54.28% and a net margin of 63.33%. The firm's revenue for the quarter was up 2.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.31 earnings per share. View Verisign's earnings history.

3 analysts have issued 1 year price targets for Verisign's stock. Their forecasts range from $204.00 to $250.00. On average, they expect Verisign's share price to reach $229.67 in the next year. This suggests a possible upside of 7.3% from the stock's current price. View analysts' price targets for Verisign.

Media coverage about VRSN stock has been trending extremely negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog 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 coverage optimism score of -4.8 on InfoTrie's scale. They also assigned media headlines about the information services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutVerisign.

Verisign saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 2,000,000 shares, a decrease of 16.3% from the April 30th total of 2,390,000 shares. Based on an average daily trading volume, of 827,200 shares, the short-interest ratio is currently 2.4 days. Approximately 1.8% of the shares of the stock are sold short. View Verisign's Current Options Chain.

Some companies that are related to Verisign include Facebook (FB), Equinix (EQIX), eBay (EBAY), CoStar Group (CSGP), SEA (SE), Twitter (TWTR), Akamai Technologies (AKAM), ANGI Homeservices (ANGI), LogMeIn (LOGM), Envestnet (ENV), J2 Global (JCOM), Stamps.com (STMP), Cimpress (CMPR), Cornerstone OnDemand (CSOD) and LivePerson (LPSN). View all competitors.

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

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

Verisign's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.85%), State Street Corp (3.79%), Principal Financial Group Inc. (2.28%), APG Asset Management N.V. (1.72%), Geode Capital Management LLC (1.70%) and First Trust Advisors LP (1.34%). Company insiders that own Verisign stock include Kathleen A Cote, Thomas C Indelicarto, Timothy Tomlinson and Todd B Strubbe. View institutional ownership trends for Verisign.

VRSN stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., APG Asset Management N.V., Wellington Management Group LLP, Janus Henderson Group PLC, Nuveen Asset Management LLC, First Trust Advisors LP, AQR Capital Management LLC, and AJO LP. Company insiders that have sold Verisign company stock in the last year include Kathleen A Cote, Thomas C Indelicarto, Timothy Tomlinson, and Todd B Strubbe. View insider buying and selling activity for Verisign.

VRSN stock was acquired by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Echo Street Capital Management LLC, Melvin Capital Management LP, Waddell & Reed Financial Inc., Atalan Capital Partners LP, Loomis Sayles & Co. L P, Principal Financial Group Inc., and Banco Santander S.A.. View insider buying and selling activity 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 $213.96.

Verisign has a market capitalization of $24.72 billion and generates $1.23 billion in revenue each year. The information services provider earns $612.30 million in net income (profit) each year or $5.15 on an earnings per share basis. Verisign employs 900 workers across the globe.

The official website for Verisign is 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]