Free Trial
NASDAQ:VRSN

VeriSign (VRSN) Stock Price, News & Analysis

$179.94
+1.15 (+0.64%)
(As of 01:40 PM ET)
Today's Range
$178.06
$180.58
50-Day Range
$168.32
$191.42
52-Week Range
$167.04
$227.21
Volume
259,263 shs
Average Volume
657,782 shs
Market Capitalization
$17.92 billion
P/E Ratio
22.11
Dividend Yield
N/A
Price Target
$218.00

VeriSign MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
20.9% Upside
$218.00 Price Target
Short Interest
Healthy
1.89% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.52
Upright™ Environmental Score
News Sentiment
1.37mentions of VeriSign in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$584,887 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.36 out of 5 stars

Computer And Technology Sector

244th out of 581 stocks

Custom Computer Programming Services Industry

10th out of 23 stocks

VRSN stock logo

About VeriSign Stock (NASDAQ:VRSN)

VeriSign, Inc., together with its subsidiaries, provides domain name registry services and internet infrastructure that enables internet navigation for various recognized domain names worldwide. The company enables the security, stability, and resiliency of internet infrastructure and services, including providing root zone maintainer services, operating two of thirteen internet root servers; and offering registration services and authoritative resolution for the .com and .net domains, which supports global e-commerce. It operates directory for .name and .cc; and back-end systems for .edu, domain names. VeriSign, Inc. was incorporated in 1995 and is headquartered in Reston, Virginia.

VRSN Stock Price History

VRSN Stock News Headlines

VeriSign (NASDAQ:VRSN) Upgraded to Buy by StockNews.com
VeriSign: Hasn't Been This Cheap Since 2018
VeriSign, Inc. (VRSN)
Q1 2024 VeriSign, Inc Earnings Call
VeriSign: Q1 Earnings Snapshot
Verisign Inc. Profit Climbs In Q1, Beats estimates
See More Headlines
Receive VRSN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for VeriSign and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
4/25/2024
Today
6/05/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Custom computer programming services
Sub-Industry
Internet Software & Services
Current Symbol
NASDAQ:VRSN
CUSIP
92343E10
Employees
907
Year Founded
1995

Price Target and Rating

Average Stock Price Target
$218.00
High Stock Price Target
$236.00
Low Stock Price Target
$200.00
Potential Upside/Downside
+21.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$817.60 million
Pretax Margin
65.88%

Debt

Sales & Book Value

Annual Sales
$1.49 billion
Cash Flow
$7.65 per share
Book Value
($15.48) per share

Miscellaneous

Free Float
98,763,000
Market Cap
$17.81 billion
Optionable
Optionable
Beta
0.91

Social Links

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report

Should I Buy VeriSign Stock? VRSN Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in VeriSign, Inc.:

  • VeriSign, Inc. has shown consistent revenue growth over the past few quarters, indicating a strong financial performance.
  • The company's stock price has been steadily increasing, reflecting positive investor sentiment and potential for capital appreciation.
  • VeriSign, Inc. is a market leader in providing domain name registry services, enjoying a competitive advantage in the industry.
  • The company has a solid balance sheet with low debt levels, reducing financial risk for investors.
  • VeriSign, Inc. has a history of returning value to shareholders through dividends and share buybacks, enhancing investor returns.

Cons

Investors should be bearish about investing in VeriSign, Inc. for these reasons:

  • VeriSign, Inc. operates in a highly regulated industry, subject to changes in government policies that could impact its operations and profitability.
  • The company faces competition from emerging technologies and new market entrants, posing a threat to its market share and revenue growth.
  • Investing in VeriSign, Inc. may involve exposure to cybersecurity risks and data breaches, which could lead to reputational damage and financial losses.
  • Fluctuations in interest rates could affect VeriSign, Inc.'s borrowing costs and financial performance, impacting investor returns.
  • Market volatility and economic uncertainties could influence VeriSign, Inc.'s stock price, leading to potential short-term fluctuations in investment value.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, June 4, 2024. Please send any questions or comments about these VeriSign pros and cons to contact@marketbeat.com.

VRSN Stock Analysis - Frequently Asked Questions

Should I buy or sell VeriSign stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for VeriSign in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" VRSN shares.
View VRSN analyst ratings
or view top-rated stocks.

What is VeriSign's stock price target for 2024?

2 brokerages have issued twelve-month target prices for VeriSign's shares. Their VRSN share price targets range from $200.00 to $236.00. On average, they expect the company's stock price to reach $218.00 in the next year. This suggests a possible upside of 20.9% from the stock's current price.
View analysts price targets for VRSN
or view top-rated stocks among Wall Street analysts.

How have VRSN shares performed in 2024?

VeriSign's stock was trading at $205.96 at the beginning of 2024. Since then, VRSN stock has decreased by 12.5% and is now trading at $180.28.
View the best growth stocks for 2024 here
.

When is VeriSign's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our VRSN earnings forecast
.

How were VeriSign's earnings last quarter?

VeriSign, Inc. (NASDAQ:VRSN) released its quarterly earnings results on Thursday, April, 25th. The information services provider reported $1.92 EPS for the quarter, beating analysts' consensus estimates of $1.86 by $0.06. The information services provider had revenue of $384.30 million for the quarter, compared to analyst estimates of $381.85 million. VeriSign had a negative trailing twelve-month return on equity of 47.21% and a net margin of 55.04%. The company's quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter last year, the business earned $1.70 EPS.
Read the conference call transcript
.

What guidance has VeriSign issued on next quarter's earnings?

VeriSign updated its FY 2024 earnings guidance on Thursday, April, 25th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.6 billion-$1.6 billion, compared to the consensus revenue estimate of $1.6 billion.

What is D. James Bidzos' approval rating as VeriSign's CEO?

114 employees have rated VeriSign Chief Executive Officer D. James Bidzos on Glassdoor.com. D. James Bidzos has an approval rating of 76% among the company's employees.

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), Home Depot (HD), Netflix (NFLX), Intel (INTC), Costco Wholesale (COST), Micron Technology (MU), QUALCOMM (QCOM), Advanced Micro Devices (AMD), Cisco Systems (CSCO) and Boeing (BA).

Who are VeriSign's major shareholders?

VeriSign's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.36%), Principal Financial Group Inc. (2.32%), Cantillon Capital Management LLC (1.72%), Lazard Asset Management LLC (0.80%), Jacobs Levy Equity Management Inc. (0.72%) and TD Asset Management Inc (0.65%). Insiders that own company stock include D James Bidzos, Danny R Mcpherson, George E Kilguss III, Kathleen A Cote, Medpace Investors, Llc, Thomas C Indelicarto, Thomas F Frist III, Timothy Tomlinson, Todd B Strubbe, Todd B Strubbe and Yehuda Ari Buchalter.
View institutional ownership trends
.

How do I buy shares of VeriSign?

Shares of VRSN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does VeriSign have any subsidiaries?
The following companies are subsidiares of VeriSign: 1 Global Place, 3united AG, CallVision, Geotrust Europe, H.O. Systems, Illuminet Holdings, Jamba, Kollective Technology, Moreover, Moreover Technologies, Network solution, Signio, SiteRock K.K., Thawte Consulting, UNC-Embratel, Unimobile Inc, inCode Wireless, and m-Qube.
Read More
This page (NASDAQ:VRSN) was last updated on 6/5/2024 by MarketBeat.com Staff

From Our Partners