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NASDAQ:VRSNVerisign Stock Price, Forecast & News

$212.78
+2.80 (+1.33 %)
(As of 05/28/2020 04:00 PM ET)
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Today's Range
$208.76
Now: $212.78
$214.86
50-Day Range
$190.95
MA: $208.89
$217.25
52-Week Range
$148.77
Now: $212.78
$221.78
Volume447,444 shs
Average Volume725,198 shs
Market Capitalization$24.58 billion
P/E Ratio31.95
Dividend YieldN/A
Beta0.92
VeriSign, Inc. provides domain name registry services and Internet infrastructure in the United States and internationally. The company offers registry services that operate the authoritative directory of and/or the back-end systems for .com, .net, .cc, .tv, .gov, .jobs, .edu, .name, and other domain names. Its registry services allow individuals and organizations to establish their online identities. The company also provides root zone maintainer services. VeriSign, Inc. was founded in 1995 and is headquartered in Reston, Virginia.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.2Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.14 out of 5 stars


Industry, Sector and Symbol

Industry Custom computer programming services
Sub-IndustryInternet Software & Services
SectorComputer and Technology
Current SymbolNASDAQ:VRSN
CUSIP92343E10
Phone703-948-3200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.23 billion
Cash Flow$5.60 per share
Book Value($12.20) per share

Profitability

Net Income$612.30 million

Miscellaneous

Employees900
Market Cap$24.58 billion
Next Earnings Date7/23/2020 (Estimated)
OptionableOptionable

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Verisign (NASDAQ:VRSN) Frequently Asked Questions

How has Verisign's stock been impacted by COVID-19 (Coronavirus)?

Verisign's stock was trading at $178.03 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, VRSN stock has increased by 19.5% and is now trading at $212.78. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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.

When is Verisign's next earnings date?

Verisign is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Verisign.

How were Verisign's earnings last quarter?

Verisign, Inc. (NASDAQ:VRSN) announced its quarterly earnings results on Thursday, April, 23rd. The information services provider reported $1.51 EPS for the quarter, topping analysts' consensus estimates of $1.28 by $0.23. The information services provider earned $313 million during the quarter, compared to the consensus estimate of $309.25 million. Verisign had a negative return on equity of 54.28% and a net margin of 63.33%. The business's revenue for the quarter was up 2.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.31 EPS. View Verisign's earnings history.

What price target have analysts set for VRSN?

3 brokers have issued 1 year target prices for Verisign's stock. Their forecasts range from $204.00 to $250.00. On average, they expect Verisign's stock price to reach $229.67 in the next twelve months. This suggests a possible upside of 7.9% from the stock's current price. View analysts' price targets for Verisign.

Has Verisign been receiving favorable news coverage?

Headlines about VRSN stock have trended very negative this week, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Verisign earned a news impact score of -3.4 on InfoTrie's scale. They also gave news coverage about the information services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutVerisign.

Are investors shorting Verisign?

Verisign saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 2,000,000 shares, a drop of 16.3% from the April 30th total of 2,390,000 shares. Based on an average trading volume of 827,200 shares, the days-to-cover ratio is currently 2.4 days. Currently, 1.8% of the shares of the stock are short sold. View Verisign's Current Options Chain.

Who are some of Verisign's key competitors?

What other stocks do shareholders of Verisign own?

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

Who are Verisign's key executives?

Verisign's management team includes the following people:
  • Mr. D. James Bidzos, Founder, Exec. Chairman, Pres & CEO (Age 64)
  • Mr. George E. Kilguss III, Exec. VP & CFO (Age 58)
  • Mr. Todd B. Strubbe, Exec. VP & COO (Age 56)
  • Mr. Thomas C. Indelicarto, Exec. VP, Gen. Counsel & Sec. (Age 55)
  • Dr. Burt Kaliski Jr., Sr. VP & CTO

What is Verisign's stock symbol?

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

Who are Verisign's major shareholders?

Verisign's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.85%), State Street Corp (3.79%), Principal Financial Group Inc. (2.28%), APG Asset Management N.V. (1.72%), Geode Capital Management LLC (1.70%) and First Trust Advisors LP (1.34%). Company insiders that own Verisign stock include Kathleen A Cote, Thomas C Indelicarto, Timothy Tomlinson and Todd B Strubbe. View institutional ownership trends for Verisign.

Which major investors are selling Verisign stock?

VRSN stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., APG Asset Management N.V., Wellington Management Group LLP, Janus Henderson Group PLC, Nuveen Asset Management LLC, First Trust Advisors LP, AQR Capital Management LLC, and AJO LP. Company insiders that have sold Verisign company stock in the last year include Kathleen A Cote, Thomas C Indelicarto, Timothy Tomlinson, and Todd B Strubbe. View insider buying and selling activity for Verisign.

Which major investors are buying Verisign stock?

VRSN stock was purchased by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Echo Street Capital Management LLC, Melvin Capital Management LP, Waddell & Reed Financial Inc., Atalan Capital Partners LP, Loomis Sayles & Co. L P, Principal Financial Group Inc., and Banco Santander S.A.. View insider buying and selling activity for Verisign.

How do I buy shares of 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.

What is Verisign's stock price today?

One share of VRSN stock can currently be purchased for approximately $212.78.

How big of a company is Verisign?

Verisign has a market capitalization of $24.58 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 900 workers across the globe.

What is Verisign's official website?

The official website for Verisign is www.verisign.com.

How can I contact Verisign?

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]

This page was last updated on 5/29/2020 by MarketBeat.com Staff

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