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NASDAQ:VRSN

VeriSign (VRSN) Stock Price, News & Analysis

$181.84
-1.60 (-0.87%)
(As of 09/6/2024 ET)
Today's Range
$181.10
$184.55
50-Day Range
$174.18
$188.37
52-Week Range
$167.04
$220.91
Volume
528,719 shs
Average Volume
669,692 shs
Market Capitalization
$17.75 billion
P/E Ratio
22.34
Dividend Yield
N/A
Price Target
$218.00

VeriSign MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
19.9% 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
1.34mentions of VeriSign in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$699,960 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.

3.57 out of 5 stars

Computer And Technology Sector

243rd out of 594 stocks

Custom Computer Programming Services Industry

7th 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

Ex-CIA Advisor: “This is How Kamala will Rig the Election”
A former CIA advisor with close ties to the White House… Has just released this shocking expose on Kamala’s plan to stop Trump. Every American needs to prepare now…
Ex-CIA Advisor: “This is How Kamala will Rig the Election”
A former CIA advisor with close ties to the White House… Has just released this shocking expose on Kamala’s plan to stop Trump. Every American needs to prepare now…
VRSN Aug 2024 210.000 call
VRSN Stock Earnings: VeriSign Beats EPS, Beats Revenue for Q2 2024
See More Headlines
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Company Calendar

Last Earnings
7/25/2024
Today
9/07/2024
Next Earnings (Estimated)
10/24/2024
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
920
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
+19.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$817.60 million
Pretax Margin
66.30%

Debt

Sales & Book Value

Annual Sales
$1.49 billion
Cash Flow
$7.36 per share
Book Value
($18.61) per share

Miscellaneous

Free Float
98,763,000
Market Cap
$17.75 billion
Optionable
Optionable
Beta
0.90

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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's stock price has been relatively stable, showing resilience in market fluctuations.
  • The company has a strong market position as a leading provider of domain name registry services and internet infrastructure.
  • Recent insider selling activities indicate confidence in the company's future performance.
  • VeriSign has a history of consistent revenue growth and profitability, providing a stable investment opportunity.
  • The company's strategic partnerships and acquisitions position it well for future growth and expansion in the industry.

Cons

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

  • VeriSign's stock has experienced a recent decline of 2.2%, indicating potential short-term volatility.
  • The company faces regulatory risks related to domain name regulations and internet governance policies.
  • Competition in the domain name registry services sector is intensifying, potentially impacting VeriSign's market share.
  • VeriSign's heavy reliance on a specific segment of the internet infrastructure industry could pose concentration risk.
  • Market analysts have issued mixed ratings on VeriSign's stock, indicating uncertainty about its future performance.
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, August 20, 2024. Please send any questions or comments about these VeriSign pros and cons to contact@marketbeat.com.

VRSN Stock Analysis - Frequently Asked Questions

How have VRSN shares performed this year?

VeriSign's stock was trading at $205.96 at the beginning of the year. Since then, VRSN shares have decreased by 11.7% and is now trading at $181.84.
View the best growth stocks for 2024 here
.

How were VeriSign's earnings last quarter?

VeriSign, Inc. (NASDAQ:VRSN) released its quarterly earnings results on Thursday, July, 25th. The information services provider reported $2.01 EPS for the quarter, beating analysts' consensus estimates of $1.93 by $0.08. The company's revenue for the quarter was up 4.1% on a year-over-year basis.
Read the conference call transcript
.

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.

Does VeriSign have any subsidiaries?

VeriSign subsidiaries include Moreover Technologies, inCode Wireless, m-Qube, Geotrust Europe, Kollective Technology, 3united AG, Moreover, and others.

Who are VeriSign's major shareholders?

VeriSign's top institutional investors include Ninety One UK Ltd (4.02%), Renaissance Technologies LLC (3.10%), Principal Financial Group Inc. (2.18%) and D. E. Shaw & Co. Inc. (1.51%). Insiders that own company stock include D James Bidzos, Todd B Strubbe, George E Kilguss III, Thomas C Indelicarto, Danny R Mcpherson, Kathleen A Cote, Timothy Tomlinson, Yehuda Ari Buchalter and Thomas F Frist III.
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.

What other stocks do shareholders of VeriSign own?

Based on aggregate information from My MarketBeat watchlists, some other companies that VeriSign investors own include NVIDIA (NVDA), Home Depot (HD), Netflix (NFLX), Intel (INTC), Costco Wholesale (COST), Micron Technology (MU) and QUALCOMM (QCOM).

This page (NASDAQ:VRSN) was last updated on 9/7/2024 by MarketBeat.com Staff

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