NASDAQ:VRSNVerisign Stock Price, Forecast & News

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. Since then, VRSN stock has increased by 19.5% and is now trading at $212.66. View which stocks have been most impacted by Coronavirus.

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.

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

Verisign will be holding an earnings conference call on Thursday, July 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

3 brokers have issued 12 month target prices for Verisign's stock. Their forecasts range from $204.00 to $250.00. On average, they anticipate Verisign's stock price to reach $229.67 in the next twelve months. This suggests a possible upside of 8.0% from the stock's current price. View analysts' price targets for Verisign.

Media stories about VRSN stock have been trending negative on Thursday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news 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 media sentiment score of -2.1 on InfoTrie's scale. They also assigned news stories about the information services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news about Verisign.

Verisign saw a drop in short interest in June. As of June 30th, there was short interest totaling 1,640,000 shares, a drop of 7.9% from the June 15th total of 1,780,000 shares. Based on an average daily volume of 722,200 shares, the days-to-cover ratio is presently 2.3 days. Approximately 1.4% 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), SEA (SE), CoStar Group (CSGP), Twitter (TWTR), Akamai Technologies (AKAM), ANGI Homeservices (ANGI), LogMeIn (LOGM), Envestnet (ENV), Stamps.com (STMP), LivePerson (LPSN), J2 Global (JCOM), SPS Commerce (SPSC) and Cornerstone OnDemand (CSOD). View all competitors.

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).

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

Verisign's stock is owned by a number of institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.02%), State of Alaska Department of Revenue (0.02%), DNB Asset Management AS (0.01%), Municipal Employees Retirement System of Michigan (0.01%), Ipswich Investment Management Co. Inc. (0.00%) and IBM Retirement Fund (0.00%). 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.

VRSN stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Ipswich Investment Management Co. Inc., and IBM Retirement Fund. 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.

VRSN stock was purchased by a variety of institutional investors in the last quarter, including Municipal Employees Retirement System of Michigan, Envestnet Asset Management Inc., DNB Asset Management AS, Clarius Group LLC, and Ellevest Inc.. View insider buying and selling activity 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 $212.66.

Verisign has a market capitalization of $24.57 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.

The official website for Verisign is 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]