VeriSign, 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, Verisign iDefense Security Intelligence Services (iDefense) and Managed DNS Services. DDoS Protection Services supports online business continuity by providing monitoring and mitigation services against DDoS attacks. iDefense provides access to cyber intelligence related to vulnerabilities, malicious code and global threats. 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 - NEC
- Sub-Industry: Internet Software & Services
- Symbol: NASDAQ:VRSN
- CUSIP: 92343E10
- Web: www.verisign.com
Capitalization:- Market Cap: $9.81224 billion
- Outstanding Shares: 99,920,000
Average Prices:- 50 Day Moving Avg: $98.19
- 200 Day Moving Avg: $90.40
- 52 Week Range: $74.01 - $103.79
P/E:- Trailing P/E Ratio: 26.76
- Foreward P/E Ratio: 24.74
- P/E Growth: 3.08
Sales & Book Value:- Annual Revenue: $1.15 billion
- Price / Sales: 8.53
- Book Value: ($12.01) per share
- Price / Book: -8.18
Profitability:- EBIDTA: $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: 751,358 shs.
- Beta: 1.2
- 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 declared that its Board of Directors has authorized a stock buyback plan on Monday, April 10th 2017, which allows the company to repurchase $641,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 7.4% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's leadership believes its shares are undervalued.
How were VeriSign's earnings last quarter?
VeriSign, Inc. (NASDAQ:VRSN) announced its quarterly earnings data on Thursday, July, 27th. The company reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.06. The company 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%. VeriSign's quarterly 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?
Where is VeriSign's stock going? Where will VeriSign's stock price be in 2017?
3 equities research analysts have issued 1 year target prices for VeriSign's shares. Their forecasts range from $70.00 to $94.00. On average, they anticipate VeriSign's stock price to reach $83.00 in the next year. View Analyst Ratings for VeriSign.
Who are some of VeriSign's key competitors?
Some companies that are related to VeriSign include CGI Group (GIB), Total System Services (TSS), Palo Alto Networks (PANW), Gartner (IT), CDW Corporation (CDW), Amdocs Limited (DOX), Akamai Technologies (AKAM), Jack Henry & Associates (JKHY), F5 Networks (FFIV), Fortinet (FTNT), LogMein (LOGM), CSRA (CSRA), Booz Allen Hamilton Holding Corporation (BAH), GoDaddy (GDDY), Aspen Technology (AZPN), NCR Corporation (NCR), EPAM Systems (EPAM) and Medidata Solutions (MDSO).
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 many different of institutional and retail investors. Top institutional investors include Berkshire Hathaway Inc. (12.96%), Capital World Investors (12.83%), Vanguard Group Inc. (8.79%), BlackRock Inc. (8.40%), Renaissance Technologies LLC (5.05%) and Principal Financial Group Inc. (3.27%). Company insiders that own VeriSign stock include Berkshire Hathaway Inc 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 AJO LP, TIAA CREF Investment Management LLC, First Quadrant L P CA, Capital Guardian Trust Co., KBC Group NV, Cornerstone Capital Management Holdings LLC., BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp and WINTON GROUP Ltd. 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 Renaissance Technologies LLC, Koch Industries Inc., BlackRock Inc., Arrowstreet Capital Limited Partnership, Vanguard Group Inc., Investec Asset Management LTD, ETF Managers Group LLC and First Trust Advisors LP. 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 $98.20.
MarketBeat Community Rating for VeriSign (NASDAQ VRSN)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.
Earnings History for VeriSign (NASDAQ:VRSN)Earnings History by Quarter for VeriSign (NASDAQ VRSN)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/25/2017 | | $1.01 | | | | | N/A |  |
| 7/27/2017 | Q2 2017 | $0.99 | $1.05 | $287.47 million | $289.00 million | View | N/A | |
| 4/27/2017 | Q1 2017 | $0.86 | $0.86 | $284.70 million | $288.60 million | View | N/A | |
| 2/9/2017 | Q416 | $0.88 | $0.92 | $282.97 million | $286.00 million | View | Listen | |
| 10/27/2016 | Q316 | $0.87 | $0.93 | $287.08 million | $287.60 million | View | Listen | |
| 7/28/2016 | Q216 | $0.86 | $0.91 | $284.34 million | $286.00 million | View | Listen | |
| 4/28/2016 | Q116 | $0.83 | $0.85 | $277.77 million | $281.90 million | View | Listen | |
| 2/11/2016 | Q415 | $0.78 | $0.79 | $270.07 million | $273.00 million | View | Listen | |
| 10/22/2015 | Q315 | $0.77 | $0.78 | $265.26 million | $265.80 million | View | Listen | |
| 7/23/2015 | Q215 | $0.75 | $0.74 | $261.89 million | $263.00 million | View | Listen | |
| 4/23/2015 | Q115 | $0.75 | $0.74 | $259.00 million | $258.40 million | View | N/A | |
| 2/5/2015 | Q414 | $0.72 | $0.70 | $256.70 million | $255.92 million | View | N/A | |
| 10/23/2014 | Q314 | $0.69 | $0.70 | $253.46 million | $255.02 million | View | Listen | |
| 7/24/2014 | Q214 | $0.64 | $0.68 | $251.69 million | $250.40 million | View | N/A | |
| 4/24/2014 | Q114 | $0.63 | $0.64 | $248.98 million | $248.80 million | View | N/A | |
| 2/6/2014 | Q413 | $0.28 | $0.65 | $244.77 million | $246.00 million | View | N/A | |
| 10/24/2013 | Q313 | $0.56 | $0.59 | $240.52 million | $244.00 million | View | N/A | |
| 7/25/2013 | Q2 2013 | $0.55 | $0.58 | $237.14 million | $239.00 million | View | N/A | |
| 4/25/2013 | Q1 2013 | $0.54 | $0.58 | $232.60 million | $236.50 million | View | N/A | |
| 1/24/2013 | Q4 2012 | $0.51 | $0.59 | $229.28 million | $230.20 million | View | N/A | |
| 10/25/2012 | | $0.49 | $0.50 | | | View | N/A | |
| 7/26/2012 | | $0.45 | $0.45 | | | View | N/A | |
| 4/26/2012 | | $0.43 | $0.42 | | | View | N/A | |
| 1/26/2012 | | $0.41 | $0.40 | | | View | N/A | |
| 10/27/2011 | | $0.37 | $0.39 | | | View | N/A | |
| 7/28/2011 | | $0.35 | $0.38 | | | View | N/A | |
| 4/28/2011 | | $0.32 | $0.32 | | | View | N/A | |
| 1/27/2011 | | $0.30 | $0.31 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for VeriSign (NASDAQ:VRSN)Current Year EPS Consensus Estimate: $3.67 EPS
Next Year EPS Consensus Estimate: $3.97 EPS
Dividend History for VeriSign (NASDAQ:VRSN)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for VeriSign (NASDAQ:VRSN)Insider Ownership Percentage: 0.92%
Insider Trades by Quarter for VeriSign (NASDAQ:VRSN)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/1/2017 | Timothy Tomlinson | Director | Sell | 1,240 | $101.00 | $125,240.00 | |
| 8/2/2016 | Timothy Tomlinson | Director | Sell | 1,477 | $85.30 | $125,988.10 | |
| 4/29/2016 | Berkshire Hathaway Inc | Major Shareholder | Sell | 32,255 | $89.30 | $2,880,371.50 | |
| 2/17/2016 | Timothy Tomlinson | Director | Sell | 1,350 | $81.48 | $109,998.00 | |
| 4/29/2015 | Jamie S Gorelick | Director | Buy | 1,000 | $64.19 | $64,190.00 | |
| 2/11/2015 | Timothy Tomlinson | Director | Sell | 8,884 | $60.81 | $540,236.04 | |
| 11/13/2014 | Kathleen A Cote | Director | Sell | 3,546 | $60.07 | $213,008.22 | |
| 10/30/2014 | Richard H Goshorn | SVP | Sell | 12,940 | $58.58 | $758,025.20 | |
| 10/28/2014 | John D Roach | Director | Sell | 20,432 | $58.81 | $1,201,605.92 | |
| 3/5/2014 | Richard Goshorn | SVP | Sell | 7,832 | $56.01 | $438,670.32 | |
| 2/19/2014 | John Roach | Director | Sell | 11,000 | $55.53 | $610,830.00 | |
| 12/4/2013 | Roger H/Ca Moore | Director | Sell | 19,432 | $56.76 | $1,102,960.32 | |
| 11/4/2013 | Richard H Goshorn | SVP | Sell | 41,563 | $54.25 | $2,254,792.75 | |
| 8/6/2013 | Richard Goshorn | SVP | Sell | 6,581 | $48.54 | $319,441.74 | |
| 8/1/2013 | John D Roach | Director | Sell | 2,000 | $48.39 | $96,780.00 | |
| 7/30/2013 | Timothy Tomlinson | Director | Sell | 4,200 | $47.46 | $199,332.00 | |
| 5/22/2013 | Richard H Goshorn | SVP | Sell | 8,620 | $48.27 | $416,087.40 | |
| 2/5/2013 | William L Chenevich | Director | Sell | 8,000 | $44.83 | $358,640.00 | |
| 8/10/2012 | Roger H/Ca Moore | Director | Sell | 44,883 | $46.38 | $2,081,673.54 | |
(Data available from 1/1/2013 forward)
Headline Trends for VeriSign (NASDAQ:VRSN)
Latest Headlines for VeriSign (NASDAQ:VRSN)
| Source: |
|
| Date | Headline |
|---|
 | Verisign Commences Registered Exchange Offer for its 4.750% Senior Notes due 2027
finance.yahoo.com - August 17 at 9:06 AM |
 | Verisign 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 |
| ETFs with exposure to VeriSign, Inc. : August 14, 2017
finance.yahoo.com - August 15 at 8:08 AM |
| IHS 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 |
 | Zacks: Analysts Expect VeriSign, Inc. (NASDAQ:VRSN) Will Announce Quarterly Sales of $291.59 Million
www.americanbankingnews.com - August 10 at 12:46 PM |
| See what the IHS Markit Score report has to say about Verisign Inc.
finance.yahoo.com - August 10 at 9:31 AM |
| VeriSign, Inc. (NASDAQ:VRSN) Expected to Announce Earnings of $0.90 Per Share
www.americanbankingnews.com - August 8 at 4:30 PM |
| BidaskClub Lowers VeriSign, Inc. (NASDAQ:VRSN) to Buy
www.americanbankingnews.com - August 4 at 7:26 PM |
 | Symantec to sell Web certificates business to Thoma Bravo: sources - Reuters
www.reuters.com - August 4 at 9:48 AM |
| Earnings Review and Free Research Report: Akamai Reported Better than Expected Revenue and Earnings Results
finance.yahoo.com - August 3 at 8:39 AM |
| Timothy Tomlinson Sells 1,240 Shares of VeriSign, Inc. (VRSN) Stock
www.americanbankingnews.com - August 2 at 8:52 PM |
| VeriSign, Inc. (VRSN) Downgraded to "Sell" at Zacks Investment Research
www.americanbankingnews.com - August 2 at 2:36 PM |
| VeriSign, Inc. :VRSN-US: Earnings Analysis: Q2, 2017 By the Numbers : July 31, 2017
finance.yahoo.com - August 1 at 7:37 AM |
 | VeriSign (VRSN) Q2 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - July 29 at 8:31 AM |
| VeriSign (VRSN) Beats on Q2 Earnings, Ups '17 Revenue View
finance.yahoo.com - July 29 at 8:31 AM |
| Verisign Reports Second Quarter 2017 Results
finance.yahoo.com - July 28 at 9:47 AM |
| VeriSign beats 2Q profit forecasts
finance.yahoo.com - July 28 at 9:47 AM |
| Edited Transcript of VRSN earnings conference call or presentation 27-Jul-17 8:30pm GMT
finance.yahoo.com - July 28 at 9:47 AM |
| VeriSign, Inc. (NASDAQ:VRSN) Issues Earnings Results
www.americanbankingnews.com - July 27 at 9:43 PM |
 | What's in the Cards for VeriSign (VRSN) in Q2 Earnings?
www.nasdaq.com - July 25 at 8:20 AM |
| $286.89 Million in Sales Expected for VeriSign, Inc. (NASDAQ:VRSN) This Quarter
www.americanbankingnews.com - July 21 at 5:47 PM |
| VeriSign (VRSN) Reveals Q1 Domain Name Registration Numbers
finance.yahoo.com - July 21 at 8:30 AM |
| VeriSign, Inc. (VRSN) Scheduled to Post Earnings on Thursday
www.americanbankingnews.com - July 20 at 7:46 AM |
| Internet Grows to 330.6 Million Domain Name Registrations in the First Quarter of 2017
finance.yahoo.com - July 19 at 9:10 AM |
| VeriSign, Inc. (VRSN) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - July 18 at 1:53 PM |
| VeriSign Hits 52-Week High on Strong Security Product Demand - Nasdaq
www.nasdaq.com - July 14 at 10:05 PM |
| VeriSign Hits 52-Week High on Strong Security Product Demand
finance.yahoo.com - July 14 at 5:03 PM |
| Why You Shouldn't Bet Against VeriSign (VRSN) Stock
www.nasdaq.com - July 14 at 9:50 AM |
| Why You Shouldn't Bet Against VeriSign (VRSN) Stock
finance.yahoo.com - July 14 at 9:50 AM |
 | Verisign Inc. (VRSN): The Real Story May Be A Price Increase - Cowen - StreetInsider.com
www.streetinsider.com - July 5 at 11:22 AM |
| Verisign to Report Second Quarter 2017 Financial Results
finance.yahoo.com - July 4 at 8:39 AM |
| VeriSign's (VRSN) "Market Perform" Rating Reaffirmed at Cowen and Company
www.americanbankingnews.com - July 3 at 10:48 AM |
| Verisign Announces Pricing of $550 Million Offering of Senior Unsecured Notes - Business Wire (press release)
www.businesswire.com - June 29 at 8:20 PM |
| Verisign Announces Pricing of $550 Million Offering of Senior Unsecured Notes
finance.yahoo.com - June 29 at 8:20 PM |
| Verisign Announces Proposed $450 Million Offering of Senior Unsecured Notes - Business Wire (press release)
www.businesswire.com - June 29 at 3:16 PM |
| VeriSign, Inc. -- Moody's affirms VeriSign's Ba2 CFR and assigns Ba1 rating to new notes; outlook stable
finance.yahoo.com - June 29 at 3:16 PM |
| Verisign Announces Proposed $450 Million Offering of Senior Unsecured Notes
finance.yahoo.com - June 29 at 7:54 AM |
| VeriSign, Inc. (VRSN) Expected to Post Quarterly Sales of $287.06 Million
www.americanbankingnews.com - June 25 at 10:08 AM |
| $0.89 EPS Expected for VeriSign, Inc. (VRSN) This Quarter
www.americanbankingnews.com - June 23 at 8:36 AM |
| VeriSign, Inc. (VRSN) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - June 22 at 4:44 PM |
| VeriSign, Inc. (VRSN) Lifted to Strong-Buy at BidaskClub
www.americanbankingnews.com - June 22 at 3:32 PM |
| VeriSign, Inc. (VRSN) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - June 14 at 2:18 PM |
| Zacks Investment Research Downgrades VeriSign, Inc. (VRSN) to Hold
www.americanbankingnews.com - June 12 at 3:06 PM |
| VeriSign, Inc. (VRSN)
finance.yahoo.com - June 9 at 2:10 AM |
| VRSN Crosses Above Average Analyst Target
www.nasdaq.com - June 6 at 1:51 AM |
| ETFs with exposure to VeriSign, Inc. : June 5, 2017
finance.yahoo.com - June 6 at 1:51 AM |
| Verisign, Inc. (VRSN) Upgraded at Zacks Investment Research
www.americanbankingnews.com - June 5 at 3:06 PM |
| Verisign, Inc. (VRSN) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - June 2 at 1:50 PM |
| Analysts Expect Verisign, Inc. (VRSN) Will Post Quarterly Sales of $287.49 Million
www.americanbankingnews.com - June 1 at 1:18 PM |
| Verisign, Inc. (VRSN) Upgraded to Buy at Zacks Investment Research
www.americanbankingnews.com - May 30 at 10:14 PM |
VeriSign (VRSN) Chart for Sunday, August, 20, 2017
