NASDAQ:VRSN - Verisign Stock Price, Forecast & News

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

Verisign declared that its board has approved a share buyback program on Saturday, February 10th 2018, which authorizes the company to repurchase $586,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's management believes its stock is undervalued.

Verisign, Inc. (NASDAQ:VRSN) issued its quarterly earnings data on Thursday, October, 24th. The information services provider reported $1.36 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.31 by $0.05. The information services provider had revenue of $308.42 million for the quarter, compared to analysts' expectations of $308.34 million. Verisign had a negative return on equity of 44.38% and a net margin of 52.60%. Verisign's revenue was up .9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.23 earnings per share. View Verisign's Earnings History.

Verisign is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for Verisign.

Verisign will be holding an earnings conference call on Thursday, February 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

2 brokerages have issued 1-year price objectives for Verisign's shares. Their forecasts range from $195.00 to $240.00. On average, they anticipate Verisign's share price to reach $217.50 in the next twelve months. This suggests a possible upside of 1.6% from the stock's current price. View Analyst Price Targets for Verisign.

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

Headlines about VRSN stock have been trending negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Verisign earned a daily sentiment score of -2.5 on InfoTrie's scale. They also assigned media coverage about the information services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Verisign.

Verisign saw a increase in short interest during the month of December. As of December 13th, there was short interest totalling 1,400,000 shares, an increase of 18.6% from the November 28th total of 1,180,000 shares. Based on an average daily volume of 625,700 shares, the short-interest ratio is presently 2.2 days. Currently, 1.2% of the company's shares are sold short. View Verisign's Current Options Chain.

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

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

Verisign's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.15%), Gateway Investment Advisers LLC (0.11%), Johanson Financial Advisors Inc. (0.10%), State of Alaska Department of Revenue (0.04%), Commerzbank Aktiengesellschaft FI (0.04%) and Nisa Investment Advisors LLC (0.02%). Company insiders that own Verisign stock include Kathleen A Cote, Thomas C Indelicarto and Timothy Tomlinson. View Institutional Ownership Trends for Verisign.

VRSN stock was sold by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC, DNB Asset Management AS, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Tuttle Tactical Management, State of Alaska Department of Revenue, Gateway Investment Advisers LLC, CenturyLink Investment Management Co and IFM Investors Pty Ltd. View Insider Buying and Selling for Verisign.

VRSN stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Johanson Financial Advisors Inc., Alpine Global Management LLC, PGGM Investments, Diversified Trust Co, Allworth Financial LP and Allred Capital Management LLC. View Insider Buying and Selling 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 $214.00.

Verisign has a market capitalization of $25.13 billion and generates $1.21 billion in revenue each year. The information services provider earns $582.48 million in net income (profit) each year or $4.75 on an earnings per share basis. Verisign employs 900 workers across the globe.View Additional Information About Verisign.

The official website for Verisign is http://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]