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 and Managed DNS Services. DDoS Protection Services supports online business continuity by providing monitoring and mitigation services against DDoS attacks. 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: IT Services & Consulting
  • Sub-Industry: Internet Software & Services
  • Symbol: NASDAQ:VRSN
  • CUSIP: 92343E10
  • Web: www.verisign.com
Capitalization:
  • Market Cap: $10.88539 billion
  • Outstanding Shares: 99,920,000
Average Prices:
  • 50 Day Moving Avg: $106.12
  • 200 Day Moving Avg: $96.95
  • 52 Week Range: $75.71 - $110.82
P/E:
  • Trailing P/E Ratio: 29.69
  • Foreward P/E Ratio: 27.44
  • P/E Growth: 3.41
Sales & Book Value:
  • Annual Revenue: $1.15 billion
  • Price / Sales: 9.47
  • Book Value: ($12.01) per share
  • Price / Book: -9.07
Profitability:
  • EBITDA: $747.69 million
  • Net Margins: 39.92%
  • Return on Equity: -36.99%
  • Return on Assets: 18.95%
Debt:
  • Debt-to-Equity Ratio: -1.03%
  • Current Ratio: 1.21%
  • Quick Ratio: 1.21%
Misc:
  • Average Volume: 691,852 shs.
  • Beta: 1.19
  • Short Ratio: 15.42
 

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 announced that its board has approved a stock repurchase plan on Monday, April 10th 2017, which authorizes the company to repurchase $641,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 7.4% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board believes its shares are undervalued.

How were VeriSign's earnings last quarter?

VeriSign, Inc. (NASDAQ:VRSN) posted its quarterly earnings data on Thursday, July, 27th. The company reported $1.05 EPS for the quarter, topping analysts' consensus estimates of $0.99 by $0.06. The business earned $289 million during the quarter, compared to analyst estimates of $287.47 million. VeriSign had a net margin of 39.92% and a negative return on equity of 36.99%. The company's quarterly revenue was up .9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.91 earnings per share. View VeriSign's Earnings History.

When will VeriSign make its next earnings announcement?

VeriSign is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for VeriSign.

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

3 analysts have issued 12-month price targets for VeriSign's stock. Their forecasts range from $94.00 to $105.00. On average, they anticipate VeriSign's stock price to reach $99.50 in the next year. 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 a number of of retail and institutional investors. Top institutional investors include APG Asset Management N.V. (1.17%), Robeco Institutional Asset Management B.V. (0.05%), State Treasurer State of Michigan (0.03%), Denali Advisors LLC (0.01%), Mutual of America Capital Management LLC (0.01%) and Assenagon Asset Management S.A. (0.01%). Company insiders that own VeriSign stock include Berkshire Hathaway Inc, Kathleen A Cote 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 Denali Advisors LLC, State Treasurer State of Michigan and Mutual of America Capital Management LLC. Company insiders that have sold VeriSign stock in the last year include Kathleen A Cote and Timothy Tomlinson. View Insider Buying and Selling for VeriSign.

Who bought VeriSign stock? Who is buying VeriSign stock?

VeriSign's stock was purchased by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Robeco Institutional Asset Management B.V. and Assenagon Asset Management S.A.. 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 $108.94.


MarketBeat Community Rating for VeriSign (NASDAQ VRSN)
Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  175 (Vote Outperform)
Underperform Votes:  234 (Vote Underperform)
Total Votes:  409
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) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $99.50 (8.67% downside)
Consensus Price Target History for VeriSign (NASDAQ:VRSN)
Price Target History for VeriSign (NASDAQ:VRSN)
Analysts' Ratings History for VeriSign (NASDAQ:VRSN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/6/2017Robert W. BairdSet Price TargetHold$105.00N/AView Rating Details
7/3/2017Cowen and CompanyReiterated RatingMarket Perform$94.00LowView Rating Details
4/12/2017Citigroup Inc.UpgradeSell -> NeutralMediumView Rating Details
7/29/2016J P Morgan Chase & CoBoost Price TargetUnderweight$84.00 -> $88.00N/AView Rating Details
(Data available from 10/22/2015 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
10/25/2017$1.01N/AView Earnings Details
7/27/2017Q2 2017$0.99$1.05$287.47 million$289.00 millionViewN/AView Earnings Details
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: $3.67 EPS
Next Year EPS Consensus Estimate: $3.97 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
8/22/2017Kathleen A CoteDirectorSell1,500$99.94$149,910.00View SEC Filing  
8/1/2017Timothy TomlinsonDirectorSell1,240$101.00$125,240.00View SEC Filing  
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)
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VeriSign (VRSN) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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