VeriSign (VRSN) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $177.95 to $183.28
• 50-Day Range: $176.68 to $190.64
• 52-Week Range: $167.04 to $220.91
• Volume: 477,617 shs
• Average Volume: 661,277 shs
• Market Capitalization: $17.43 billion
• P/E Ratio: 21.09
• Dividend Yield: N/A
• Price Target: $218.00
• Consensus Rating: Moderate Buy

VeriSign Stock Analysis - MarketRank™

VeriSign scored higher than 79% of companies evaluated by MarketBeat, and ranked 212th out of 648 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

VeriSign has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

VeriSign has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of VeriSign is 21.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of VeriSign is 21.09, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 258.20.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.34% of the float of VeriSign has been sold short.

Short Interest Ratio / Days to Cover

VeriSign has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in VeriSign has recently increased by 6.19%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

VeriSign does not currently pay a dividend.

Dividend Growth

VeriSign does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 2.9 / 5
• Environmental Score: -0.52

Percentage of Shares Shorted

2.34% of the float of VeriSign has been sold short.

Short Interest Ratio / Days to Cover

VeriSign has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in VeriSign has recently increased by 6.19%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.6 / 5
• News Sentiment: 1.52

News Sentiment

VeriSign has a news sentiment score of 1.52. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for VeriSign this week, compared to 7 articles on an average week.

Search Interest

5 people have searched for VRSN on MarketBeat in the last 30 days.

MarketBeat Follows

Only 3 people have added VeriSign to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, VeriSign insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $699,960.00 in company stock.

Percentage Held by Insiders

Only 0.84% of the stock of VeriSign is held by insiders.

Percentage Held by Institutions

92.90% of the stock of VeriSign is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

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 stock has decreased by 11.9% and is now trading at $181.41.
View the best growth stocks for 2024 here.

How were VeriSign's earnings last quarter?

VeriSign, Inc. (NASDAQ:VRSN) issued its quarterly earnings results on Thursday, October, 24th. The information services provider reported $2.07 earnings per share for the quarter, beating the consensus estimate of $2.01 by $0.06. VeriSign's revenue for the quarter was up 3.8% on a year-over-year basis.
Read the conference call transcript.

Does VeriSign have any subsidiaries?

VeriSign subsidiaries include these companies: 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 shareholders include State Street Corp (3.98%), Geode Capital Management LLC (2.36%), Jacobs Levy Equity Management Inc. (0.72%) and FMR LLC (0.70%). 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), Meta Platforms (META), Netflix (NFLX), Tesla (TSLA), Advanced Micro Devices (AMD), Alphabet (GOOG) and JPMorgan Chase & Co. (JPM).

Company Calendar

• Last Earnings: 10/24/2024
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/13/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Custom computer programming services
• Sub-Industry: Internet Software & Services
• Current Symbol: NASDAQ:VRSN
• CUSIP: 92343E10
• CIK: 1014473
• Web: www.verisign.com
• Phone: (703) 948-3200
• Fax: 703-421-4873
• 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: +20.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $8.60
• Trailing P/E Ratio: 21.09
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $817.60 million
• Net Margins: 55.74%
• Pretax Margin: 66.48%
• Return on Equity: -45.59%
• Return on Assets: 49.06%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.47
• Quick Ratio: 0.47

Sales & Book Value

• Annual Sales: $1.49 billion
• Price / Sales: 11.68
• Cash Flow: $7.58 per share
• Price / Cash Flow: 23.93
• Book Value: ($19.78) per share
• Price / Book: -9.17

Miscellaneous

• Outstanding Shares: 96,100,000
• Free Float: 95,293,000
• Market Cap: $17.43 billion
• Optionable: Optionable
• Beta: 0.91