VeriSign Stock Forecast, Price & News

VeriSign's stock was trading at $178.03 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, VRSN stock has increased by 7.1% and is now trading at $190.73.
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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."
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VeriSign is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for VeriSign.

VeriSign, Inc. (NASDAQ:VRSN) announced its quarterly earnings results on Thursday, October, 22nd. The information services provider reported $1.49 earnings per share for the quarter, beating analysts' consensus estimates of $1.25 by $0.24. The information services provider earned $317.90 million during the quarter, compared to analysts' expectations of $316.07 million. VeriSign had a net margin of 63.32% and a negative return on equity of 54.86%. The company's revenue was up 3.1% on a year-over-year basis. During the same period in the previous year, the firm posted $1.36 EPS.
View VeriSign's earnings history.

VeriSign issued an update on its FY 2020 After-Hours earnings guidance on Thursday, October, 22nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.262-1.267 billion, compared to the consensus revenue estimate of $1.26 billion.

3 equities research analysts have issued 1 year price targets for VeriSign's shares. Their forecasts range from $204.00 to $250.00. On average, they anticipate VeriSign's share price to reach $229.67 in the next twelve months. This suggests a possible upside of 20.4% from the stock's current price.
View analysts' price targets for VeriSign.

VeriSign saw a decline in short interest in September. As of September 30th, there was short interest totaling 1,050,000 shares, a decline of 27.1% from the September 15th total of 1,440,000 shares. Based on an average trading volume of 684,000 shares, the short-interest ratio is presently 1.5 days. Currently, 0.9% of the company's stock are sold short.
View VeriSign's Short Interest.

Some companies that are related to VeriSign include Facebook (FB), Equinix (EQIX), SEA (SE), Twitter (TWTR), eBay (EBAY), CoStar Group (CSGP), Akamai Technologies (AKAM), ANGI Homeservices (ANGI), Stamps.com (STMP), Envestnet (ENV), LivePerson (LPSN), J2 Global (JCOM), SPS Commerce (SPSC), Cornerstone OnDemand (CSOD) and Cimpress (CMPR).
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Based on aggregate information from My MarketBeat watchlists, some companies that other VeriSign investors own include NVIDIA (NVDA), Home Depot (HD), Netflix (NFLX), Intel (INTC), Costco Wholesale (COST), Micron Technology (MU), QUALCOMM (QCOM), Advanced Micro Devices (AMD), Cisco Systems (CSCO) and The Boeing (BA).

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

VeriSign's stock is owned by many different institutional and retail investors. Top institutional shareholders include PGGM Investments (0.16%), State of New Jersey Common Pension Fund D (0.06%), Nisa Investment Advisors LLC (0.05%), State of Alaska Department of Revenue (0.05%), Assenagon Asset Management S.A. (0.05%) and Standard Life Aberdeen plc (0.04%). Company insiders that own VeriSign stock include D James Bidzos, George E Kilguss III, 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 Assenagon Asset Management S.A., Redpoint Investment Management Pty Ltd, Standard Life Aberdeen plc, Nissay Asset Management Corp Japan ADV, State of New Jersey Common Pension Fund D, KBC Group NV, Alberta Investment Management Corp, and Pacer Advisors Inc.. Company insiders that have sold VeriSign company stock in the last year include D James Bidzos, George E Kilguss III, Kathleen A Cote, Thomas C Indelicarto, Timothy Tomlinson, and Todd B Strubbe.
View insider buying and selling activity for VeriSign.

VRSN stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, PGGM Investments, Martin Investment Management LLC, Sanders Morris Harris LLC, James Investment Research Inc., AMS Capital Ltda, Horan Capital Management, and Forsta AP Fonden.
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 $190.73.

VeriSign has a market capitalization of $21.76 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 872 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]