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: $10.89 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: 25.28
  • P/E Growth: 3.40
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 of Directors has initiated a stock repurchase plan on Monday, April 10th 2017, which allows the company to buyback $641,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy up to 7.4% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's board of directors believes its stock is undervalued.

How were VeriSign's earnings last quarter?

VeriSign, Inc. (NASDAQ:VRSN) released its quarterly earnings data on Thursday, July, 27th. The company reported $1.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.99 by $0.06. The company had revenue of $289 million for 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 firm's revenue was up .9% on a year-over-year basis. During the same period in the previous year, the firm posted $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 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 a variety of of institutional and retail investors. Top institutional shareholders 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 bought 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:  174 (Vote Outperform)
Underperform Votes:  233 (Vote Underperform)
Total Votes:  407
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 10/21/2015 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: $3.97 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
8/22/2017Kathleen 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)
Source:
DateHeadline
americanbankingnews.com logoVeriSign (VRSN) versus Zix Corporation (ZIXI) Financial Survey
www.americanbankingnews.com - October 20 at 2:28 AM
americanbankingnews.com logoVeriSign, Inc. (VRSN) Scheduled to Post Earnings on Wednesday
www.americanbankingnews.com - October 18 at 3:22 AM
americanbankingnews.com logoComparing VeriSign (VRSN) and PFSweb (PFSW)
www.americanbankingnews.com - October 11 at 10:12 PM
americanbankingnews.com logoVeriSign, Inc. (VRSN) Given "Hold" Rating at Robert W. Baird
www.americanbankingnews.com - October 7 at 12:24 AM
americanbankingnews.com logo$291.59 Million in Sales Expected for VeriSign, Inc. (VRSN) This Quarter
www.americanbankingnews.com - October 5 at 12:40 PM
finance.yahoo.com logoVerisign to Report Third Quarter 2017 Financial Results
finance.yahoo.com - October 3 at 2:40 PM
finance.yahoo.com logoVerisign to Report Third Quarter 2017 Financial Results
finance.yahoo.com - October 3 at 2:40 PM
americanbankingnews.com logoVeriSign (VRSN) versus Its Peers Critical Contrast
www.americanbankingnews.com - October 2 at 2:26 PM
americanbankingnews.com logoVeriSign (VRSN) vs. The Competition Financial Survey
www.americanbankingnews.com - September 23 at 12:26 AM
businesswire.com logoVerisign Announces Results of the Registered Exchange Offer for Its 4.750% Senior Notes Due 2027 - Business Wire (press release)
www.businesswire.com - September 20 at 1:32 AM
finance.yahoo.com logoVerisign Announces Results of the Registered Exchange Offer for Its 4.750% Senior Notes Due 2027
finance.yahoo.com - September 19 at 8:30 PM
nasdaq.com logoVeriSign (VRSN) Reveals Q2 Domain Name Registration Numbers - Nasdaq
www.nasdaq.com - September 19 at 3:27 PM
finance.yahoo.com logoVeriSign (VRSN) Reveals Q2 Domain Name Registration Numbers
finance.yahoo.com - September 19 at 9:26 AM
americanbankingnews.com logoCritical Survey: VeriSign (VRSN) versus Accenture PLC (ACN)
www.americanbankingnews.com - September 18 at 6:34 AM
americanbankingnews.com logoHead-To-Head Survey: VeriSign (VRSN) vs. Covisint Corp (COVS)
www.americanbankingnews.com - September 17 at 8:32 PM
americanbankingnews.com logo Analysts Expect VeriSign, Inc. (VRSN) Will Announce Quarterly Sales of $291.59 Million
www.americanbankingnews.com - September 16 at 7:44 AM
finance.yahoo.com logoInternet Grows to 331.9 Million Domain Name Registrations in the Second Quarter of 2017
finance.yahoo.com - September 15 at 11:09 AM
americanbankingnews.com logoVeriSign (VRSN) vs. Globant (GLOB) Head-To-Head Comparison
www.americanbankingnews.com - September 10 at 2:38 PM
americanbankingnews.com logoHead-To-Head Analysis: Guidance Software (GUID) vs. VeriSign (VRSN)
www.americanbankingnews.com - September 7 at 8:28 PM
americanbankingnews.com logoAnalyzing Black Knight Financial Services (BKFS) & VeriSign (VRSN)
www.americanbankingnews.com - September 2 at 10:24 PM
americanbankingnews.com logoVeriSign, Inc. (VRSN) Stock Rating Reaffirmed by Robert W. Baird
www.americanbankingnews.com - September 1 at 2:16 PM
prnewswire.com logoTechnical Insights on Internet Stocks -- Blucora, Match, VeriSign, and Bitauto
www.prnewswire.com - August 28 at 7:36 AM
americanbankingnews.com logoVeriSign, Inc. (VRSN) Director Sells $149,910.00 in Stock
www.americanbankingnews.com - August 23 at 8:04 PM
seekingalpha.com logoWarren Buffett's Stake In The Internet: VeriSign
seekingalpha.com - August 22 at 7:46 AM
finance.yahoo.com logoVerisign Commences Registered Exchange Offer for its 4.750% Senior Notes due 2027
finance.yahoo.com - August 17 at 9:06 AM
businesswire.com logoVerisign Announces 3.25% Junior Subordinated Convertible Debentures Due 2037 to Pay Contingent Interest - Business Wire (press release)
www.businesswire.com - August 16 at 1:49 AM
finance.yahoo.com logoETFs with exposure to VeriSign, Inc. : August 14, 2017
finance.yahoo.com - August 15 at 8:08 AM
finance.yahoo.com logoIHS Markit Score Update: Drop in demand for ETFs holding Verisign Inc is a negative sign for its shares
finance.yahoo.com - August 10 at 3:41 PM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Verisign Inc.
finance.yahoo.com - August 10 at 9:31 AM
americanbankingnews.com logoVeriSign, Inc. (NASDAQ:VRSN) Expected to Announce Earnings of $0.90 Per Share
www.americanbankingnews.com - August 8 at 4:30 PM
reuters.com logoSymantec to sell Web certificates business to Thoma Bravo: sources - Reuters
www.reuters.com - August 4 at 9:48 AM
finance.yahoo.com logoEarnings Review and Free Research Report: Akamai Reported Better than Expected Revenue and Earnings Results
finance.yahoo.com - August 3 at 8:39 AM
americanbankingnews.com logoTimothy Tomlinson Sells 1,240 Shares of VeriSign, Inc. (VRSN) Stock
www.americanbankingnews.com - August 2 at 8:52 PM
finance.yahoo.com logoVeriSign, Inc. :VRSN-US: Earnings Analysis: Q2, 2017 By the Numbers : July 31, 2017
finance.yahoo.com - August 1 at 7:37 AM
seekingalpha.com logoVeriSign (VRSN) Q2 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - July 29 at 8:31 AM
finance.yahoo.com logoVeriSign (VRSN) Beats on Q2 Earnings, Ups '17 Revenue View
finance.yahoo.com - July 29 at 8:31 AM
finance.yahoo.com logoVerisign Reports Second Quarter 2017 Results
finance.yahoo.com - July 28 at 9:47 AM
finance.yahoo.com logoVeriSign beats 2Q profit forecasts
finance.yahoo.com - July 28 at 9:47 AM
finance.yahoo.com logoEdited Transcript of VRSN earnings conference call or presentation 27-Jul-17 8:30pm GMT
finance.yahoo.com - July 28 at 9:47 AM
americanbankingnews.com logoVeriSign, Inc. (NASDAQ:VRSN) Issues Earnings Results
www.americanbankingnews.com - July 27 at 9:43 PM
nasdaq.com logoWhat's in the Cards for VeriSign (VRSN) in Q2 Earnings?
www.nasdaq.com - July 25 at 8:20 AM
americanbankingnews.com logo$286.89 Million in Sales Expected for VeriSign, Inc. (NASDAQ:VRSN) This Quarter
www.americanbankingnews.com - July 21 at 5:47 PM
finance.yahoo.com logoVeriSign (VRSN) Reveals Q1 Domain Name Registration Numbers
finance.yahoo.com - July 21 at 8:30 AM
americanbankingnews.com logoVeriSign, Inc. (VRSN) Scheduled to Post Earnings on Thursday
www.americanbankingnews.com - July 20 at 7:46 AM
finance.yahoo.com logoInternet Grows to 330.6 Million Domain Name Registrations in the First Quarter of 2017
finance.yahoo.com - July 19 at 9:10 AM
americanbankingnews.com logoVeriSign, Inc. (VRSN) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - July 18 at 1:53 PM
nasdaq.com logoVeriSign Hits 52-Week High on Strong Security Product Demand - Nasdaq
www.nasdaq.com - July 14 at 10:05 PM
finance.yahoo.com logoVeriSign Hits 52-Week High on Strong Security Product Demand
finance.yahoo.com - July 14 at 5:03 PM
nasdaq.com logoWhy You Shouldn't Bet Against VeriSign (VRSN) Stock
www.nasdaq.com - July 14 at 9:50 AM
finance.yahoo.com logoWhy You Shouldn't Bet Against VeriSign (VRSN) Stock
finance.yahoo.com - July 14 at 9:50 AM

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Chart

VeriSign (VRSN) Chart for Saturday, October, 21, 2017

This page was last updated on 10/21/2017 by MarketBeat.com Staff

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