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

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

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

Verisign, Inc. (NASDAQ:VRSN) announced 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 had revenue of $306.29 million for the quarter, compared to analyst estimates of $306.57 million. Verisign had a negative return on equity of 43.63% and a net margin of 51.38%. The company's revenue was up 1.3% on a year-over-year basis. During the same period in the prior year, the company 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 analysts have issued 12 month target prices for Verisign's stock. Their forecasts range from $160.00 to $240.00. On average, they expect Verisign's stock price to reach $198.33 in the next year. This suggests a possible upside of 6.9% 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.

Press coverage about VRSN stock has been trending somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Verisign earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave news headlines about the information services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Verisign.

Verisign saw a increase in short interest during the month of 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 volume of 612,200 shares, the short-interest ratio is currently 2.3 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 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), Twitter (TWTR), Micron Technology (MU), Intel (INTC), Workday (WDAY) and Costco Wholesale (COST).

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%), Zurcher Kantonalbank Zurich Cantonalbank (0.05%), State of Alaska Department of Revenue (0.05%) and Commerzbank Aktiengesellschaft FI (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, Stephens Inc. AR, Gateway Investment Advisers LLC, TrimTabs Asset Management LLC, CenturyLink Investment Management Co, First Citizens Bank & Trust Co. and Oakbrook Investments LLC. 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, Tuttle Tactical Management, Commerzbank Aktiengesellschaft FI, Regent Investment Management LLC, Zurcher Kantonalbank Zurich Cantonalbank , Envestnet Asset Management Inc. and Nisa Investment Advisors 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 $185.51.

Verisign has a market capitalization of $21.96 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]