NASDAQ:VRSN

VeriSign (VRSN) Stock Price, News & Analysis

$171.23
+1.44 (+0.85%)
(As of 05/10/2024 ET)
Today's Range
$169.61
$171.94
50-Day Range
$168.32
$195.23
52-Week Range
$167.04
$229.72
Volume
613,422 shs
Average Volume
875,245 shs
Market Capitalization
$17.05 billion
P/E Ratio
21.04
Dividend Yield
N/A
Price Target
$218.00

VeriSign MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
27.3% Upside
$218.00 Price Target
Short Interest
Healthy
1.76% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.52
Upright™ Environmental Score
News Sentiment
1.12mentions of VeriSign in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$2.73 M 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.

4.39 out of 5 stars

Computer And Technology Sector

122nd out of 601 stocks

Custom Computer Programming Services Industry

6th out of 24 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

Tech GIANT’s Plans to Revolutionize Crypto…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
VeriSign, Inc. (VRSN)
Tech GIANT’s Plans to Revolutionize Crypto…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Q1 2024 VeriSign, Inc Earnings Call
VeriSign: Q1 Earnings Snapshot
Verisign Inc. Profit Climbs In Q1, Beats estimates
VeriSign Q1 2024 Earnings Preview
See More Headlines
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Company Calendar

Last Earnings
4/25/2024
Today
5/10/2024
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
+27.3%
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
$7.59 per share
Book Value
($16.42) per share

Miscellaneous

Free Float
98,763,000
Market Cap
$17.05 billion
Optionable
Optionable
Beta
0.89

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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 year. 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 price targets for VeriSign's shares. Their VRSN share price targets range from $200.00 to $236.00. On average, they expect the company's share price to reach $218.00 in the next twelve months. This suggests a possible upside of 27.3% 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 the year. Since then, VRSN shares have decreased by 16.9% and is now trading at $171.23.
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) issued its quarterly earnings results on Thursday, April, 25th. The information services provider reported $1.92 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.86 by $0.06. The information services provider earned $384.30 million during the quarter, compared to analysts' expectations 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 revenue was up 5.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.70 EPS.
Read the conference call transcript
.

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

VeriSign issued an update on its FY 2024 earnings guidance on Thursday, April, 25th. The company provided EPS 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 shareholders include Vanguard Group Inc. (10.36%), Principal Financial Group Inc. (2.32%), Cantillon Capital Management LLC (1.72%), TD Asset Management Inc (0.65%), BNP Paribas Financial Markets (0.55%) and BNP PARIBAS ASSET MANAGEMENT Holding S.A. (0.37%). 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.
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This page (NASDAQ:VRSN) was last updated on 5/11/2024 by MarketBeat.com Staff

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