Verisign Stock Price, News & Analysis (NASDAQ:VRSN)

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

Verisign declared that its board has authorized a share repurchase program on Saturday, February 10th 2018, which allows the company to repurchase $586,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company's management believes its stock is undervalued.

Verisign, Inc. (NASDAQ:VRSN) posted its quarterly earnings data on Thursday, July, 25th. The information services provider reported $1.24 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.18 by $0.06. The information services provider earned $306.29 million during the quarter, compared to the consensus estimate of $306.57 million. Verisign had a net margin of 51.38% and a negative return on equity of 43.63%. Verisign's quarterly revenue was up 1.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.18 EPS. View Verisign's Earnings History.

Verisign is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Verisign.

Verisign will be holding an earnings conference call on Thursday, October 24th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

3 brokerages have issued 12 month target prices for Verisign's shares. Their forecasts range from $160.00 to $240.00. On average, they anticipate Verisign's stock price to reach $198.33 in the next year. This suggests a possible upside of 6.4% from the stock's current price. View Analyst Price Targets for Verisign.

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." View Analyst Ratings for Verisign.

Media stories about VRSN stock have trended somewhat negative recently, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Verisign earned a news impact score of -1.9 on InfoTrie's scale. They also gave news coverage about the information services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for Verisign.

Verisign saw a increase in short interest in September. As of September 30th, there was short interest totalling 1,400,000 shares, an increase of 10.2% from the August 30th total of 1,270,000 shares. Based on an average trading volume of 612,200 shares, the short-interest ratio is currently 2.3 days. Approximately 1.2% of the shares of the company are short sold. View Verisign's Current Options Chain.

Some companies that are related to Verisign include Infosys (INFY), Cognizant Technology Solutions (CTSH), Wipro (WIT), NTT DATA CORP/ADR (NTDTY), Obic (OBIIF), EPAM Systems (EPAM), Amdocs (DOX), Aspen Technology (AZPN), Zscaler (ZS), GEMALTO NV/S (GTOMY), PROS (PRO), Sogou (SOGO), Endava (DAVA), Perficient (PRFT) and Virtusa (VRTU).

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

Verisign's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Robeco Institutional Asset Management B.V. (0.37%), Gateway Investment Advisers LLC (0.11%), Assenagon Asset Management S.A. (0.06%), State of Alaska Department of Revenue (0.05%), Commerzbank Aktiengesellschaft FI (0.04%) and Nisa Investment Advisors LLC (0.04%). 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 Assenagon Asset Management S.A., Denali Advisors LLC, Gateway Investment Advisers LLC, TrimTabs Asset Management LLC, CenturyLink Investment Management Co, Crossmark Global Holdings Inc., Navellier & Associates Inc and Gulf International Bank UK Ltd. Company insiders that have sold Verisign company stock in the last year include Kathleen A Cote, Thomas C Indelicarto and Timothy Tomlinson. View Insider Buying and Selling for Verisign.

VRSN stock was acquired by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., State of Alaska Department of Revenue, Commerzbank Aktiengesellschaft FI, Regent Investment Management LLC, Envestnet Asset Management Inc., Nisa Investment Advisors LLC, NuWave Investment Management LLC and Pacer Advisors Inc.. 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 $186.42.

Verisign has a market capitalization of $22.07 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]