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

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

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

Verisign, Inc. (NASDAQ:VRSN) issued its quarterly earnings data on Thursday, July, 25th. The information services provider reported $1.24 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.18 by $0.06. The information services provider had revenue of $306.29 million for the quarter, compared to analyst estimates of $306.57 million. Verisign had a net margin of 51.38% and a negative return on equity of 43.63%. The business's revenue for the quarter was up 1.3% compared to the same quarter last year. During the same period in the previous year, the business posted $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 1 year target prices for Verisign's shares. Their forecasts range from $160.00 to $240.00. On average, they expect Verisign's stock price to reach $198.33 in the next twelve months. This suggests a possible upside of 7.0% 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.

Headlines about VRSN stock have trended positive recently, according to InfoTrie Sentiment. The research group rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Verisign earned a news sentiment score of 2.1 on InfoTrie's scale. They also assigned news articles about the information services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. 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 daily trading volume, of 612,200 shares, the short-interest ratio is presently 2.3 days. Approximately 1.2% of the company's stock are sold short. 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), Endava (DAVA), Sogou (SOGO), 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 many different of retail and institutional investors. Top institutional investors include Gateway Investment Advisers LLC (0.11%), Assenagon Asset Management S.A. (0.06%), State of Alaska Department of Revenue (0.05%), Gulf International Bank UK Ltd (0.02%), Pacer Advisors Inc. (0.02%) and DNB Asset Management AS (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 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 bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, NuWave Investment Management LLC, Pacer Advisors Inc., Fox Run Management L.L.C., Campbell & CO Investment Adviser LLC, Sumitomo Mitsui DS Asset Management Company Ltd, Cerebellum GP LLC and Wealthfront Advisers 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 $185.40.

Verisign has a market capitalization of $21.95 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]