verisign inc. - VRSN

VRSN

Close Chg Chg %
181.41 3.49 1.92%

Closed Market

184.90

+3.49 (1.92%)

Volume: 456.52K

Last Updated:

Nov 21, 2024, 4:00 PM EDT

Company Overview: verisign inc. - VRSN

VRSN Key Data

Open

$182.27

Day Range

181.03 - 185.15

52 Week Range

167.05 - 220.87

Market Cap

$17.43B

Shares Outstanding

96.10M

Public Float

95.14M

Beta

0.91

Rev. Per Employee

N/A

P/E Ratio

21.10

EPS

$8.60

Yield

0.00%

Dividend

$2.75

EX-DIVIDEND DATE

May 5, 2011

SHORT INTEREST

N/A

AVERAGE VOLUME

651.91K

 

VRSN Performance

1 Week
 
2.22%
 
1 Month
 
2.01%
 
3 Months
 
3.11%
 
1 Year
 
-13.29%
 
5 Years
 
-1.88%
 

VRSN Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 6
Full Ratings ➔

About verisign inc. - VRSN

VeriSign, Inc. engages in the provision of critical Internet infrastructure and domain name registry services. It helps enable the security, stability, and resiliency of the Domain Name System and the Internet by providing Root Zone Maintainer services. The company was founded by D. James Bidzos on April 12, 1995 and is headquartered in Reston, VA.

VRSN At a Glance

VeriSign, Inc.
12061 Bluemont Way
Reston, Virginia 20190
Phone 1-703-948-3200 Revenue 1.49B
Industry Internet Software/Services Net Income 817.60M
Sector Technology Services 2023 Sales Growth 4.786%
Fiscal Year-end 12 / 2024 Employees 908
View SEC Filings

VRSN Valuation

P/E Current 21.105
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 26.073
Price to Sales Ratio 14.277
Price to Book Ratio N/A
Price to Cash Flow Ratio 24.967
Enterprise Value to EBITDA 21.239
Enterprise Value to Sales 14.86
Total Debt to Enterprise Value 0.081

VRSN Efficiency

Revenue/Employee 1,644,383.26
Income Per Employee 900,440.529
Receivables Turnover 109.787
Total Asset Turnover 0.858

VRSN Liquidity

Current Ratio 0.832
Quick Ratio 0.832
Cash Ratio 0.779

VRSN Profitability

Gross Margin 86.786
Operating Margin 67.015
Pretax Margin 65.401
Net Margin 54.759
Return on Assets 46.956
Return on Equity N/A
Return on Total Capital 377.644
Return on Invested Capital 372.738

VRSN Capital Structure

Total Debt to Total Equity N/A
Total Debt to Total Capital 830.254
Total Debt to Total Assets 102.773
Long-Term Debt to Equity N/A
Long-Term Debt to Total Capital 827.898
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Verisign Inc. - VRSN

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
1.27B 1.33B 1.42B 1.49B
Sales Growth
+2.71% +4.94% +7.33% +4.79%
Cost of Goods Sold (COGS) incl D&A
180.18M 191.93M 200.70M 197.30M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
46.35M 47.94M 46.90M 44.10M
Depreciation
46.35M 47.94M 46.90M 44.10M
Amortization of Intangibles
- - - -
-
COGS Growth
-0.16% +6.52% +4.57% -1.69%
Gross Income
1.08B 1.14B 1.22B 1.30B
Gross Income Growth
+3.20% +4.68% +7.80% +5.85%
Gross Profit Margin
+85.76% +85.54% +85.91% +86.79%
2020 2021 2022 2023 5-year trend
SG&A Expense
260.67M 268.84M 281.10M 295.20M
Research & Development
74.67M 80.53M 85.70M 91.00M
Other SG&A
186.00M 188.31M 195.40M 204.20M
SGA Growth
+6.37% +3.13% +4.56% +5.02%
Other Operating Expense
- - - -
-
Unusual Expense
- - 2.15M (9.80M)
-
EBIT after Unusual Expense
824.20M 864.65M 943.10M 1.01B
Non Operating Income/Expense
16.19M 820.00K 12.40M 41.40M
Non-Operating Interest Income
7.82M 582.00K 14.90M 46.10M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
90.14M 83.25M 75.30M 75.30M
Interest Expense Growth
- -0.52% -7.64% -9.55%
Gross Interest Expense
90.14M 83.25M 75.30M 75.30M
Interest Capitalized
- - - -
-
Pretax Income
750.24M 782.22M 880.20M 976.50M
Pretax Income Growth
-1.12% +4.26% +12.53% +10.94%
Pretax Margin
+59.31% +58.92% +61.77% +65.40%
Income Tax
(64.64M) (2.61M) 206.40M 158.90M
Income Tax - Current - Domestic
(113.41M) 129.61M 186.80M 187.10M
Income Tax - Current - Foreign
29.15M 29.83M 26.30M 24.40M
Income Tax - Deferred - Domestic
21.74M 3.71M (22.80M) (14.40M)
Income Tax - Deferred - Foreign
(2.12M) (165.76M) 16.10M (38.20M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
814.89M 784.83M 673.80M 817.60M
Minority Interest Expense
- - - -
-
Net Income
814.89M 784.83M 673.80M 817.60M
Net Income Growth
+33.09% -3.69% -14.15% +21.34%
Net Margin Growth
+64.42% +59.12% +47.29% +54.76%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
814.89M 784.83M 673.80M 817.60M
Preferred Dividends
- - - -
-
Net Income Available to Common
814.89M 784.83M 673.80M 817.60M
EPS (Basic)
7.0824 7.0065 6.2447 7.9072
EPS (Basic) Growth
+37.08% -1.07% -10.87% +26.62%
Basic Shares Outstanding
115.06M 112.02M 107.90M 103.40M
EPS (Diluted)
7.0677 6.997 6.2389 7.8995
EPS (Diluted) Growth
+37.32% -1.00% -10.83% +26.62%
Diluted Shares Outstanding
115.30M 112.17M 108.00M 103.50M
EBITDA
870.55M 914.74M 990.00M 1.04B
EBITDA Growth
+2.12% +5.08% +8.23% +5.53%
EBITDA Margin
+68.82% +68.90% +69.48% +69.97%

Snapshot

Average Recommendation HOLD Average Target Price 207.50
Number of Ratings 6 Current Quarters Estimate 1.999
FY Report Date 12 / 2024 Current Year's Estimate 7.995
Last Quarter’s Earnings 2.07 Median PE on CY Estimate N/A
Year Ago Earnings 7.90 Next Fiscal Year Estimate 8.546
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 2 2 2 2
Mean Estimate 2.00 2.06 7.99 8.55
High Estimates 2.01 2.08 8.00 8.55
Low Estimate 1.99 2.05 7.99 8.54
Coefficient of Variance 0.80 1.11 0.09 0.10

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 1 1 1
OVERWEIGHT 1 1 2
HOLD 4 4 3
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Hold Hold Overweight

Insider Actions for Verisign Inc. - VRSN

Date Name Shares Transaction Value
Jul 25, 2024 Roger H. Moore Director 44,802 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 25, 2024 Jamie S. Gorelick Director 21,315 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 25, 2024 Kathleen A. Cote Director 30,346 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 25, 2024 Yehuda Ari Buchalter Director 4,335 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 25, 2024 Courtney D. Armstrong Director 5,154 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 25, 2024 Timothy Tomlinson Director 16,408 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 25, 2024 Thomas Fearn Frist Director 16,218 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jul 17, 2024 John D. Calys SVP, Cont., Chief Acct Officer 22,223 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $176.9 per share 3,931,248.70
Jul 17, 2024 Danny McPherson EVP - Engineering & CSO 29,155 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $176.9 per share 5,157,519.50
May 14, 2024 Yehuda Ari Buchalter Director 2,927 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $170.02 per share 497,648.54
Mar 14, 2024 Thomas C. Indelicarto EVP, Gen Counsel & Secretary 43,183 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $192.37 per share 8,307,113.71
Mar 5, 2024 Danny McPherson EVP- Engineering, Ops. & CSO 30,895 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $194.15 per share 5,998,264.25
Feb 23, 2024 Todd B. Strubbe President & COO 111,551 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $193.69 per share 21,606,313.19
Feb 23, 2024 Todd B. Strubbe President & COO 112,942 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $193.12 per share 21,811,359.04
Feb 15, 2024 George E. Kilguss EVP and CFO 114,079 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 15, 2024 D. James Bidzos Exec. Chairman & CEO; Director 524,269 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 15, 2024 Thomas C. Indelicarto EVP, Gen Counsel & Secretary 43,143 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $195.33 per share 8,427,122.19
Dec 22, 2023 D. James Bidzos Exec. Chairman & CEO; Director 513,506 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $204.22 per share 104,868,195.32
Dec 22, 2023 D. James Bidzos Exec. Chairman & CEO; Director 514,306 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $205.13 per share 105,499,589.78
Dec 22, 2023 D. James Bidzos Exec. Chairman & CEO; Director 514,981 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $204.54 per share 105,334,213.74

Verisign Inc. in the News