VeriSign (VRSN) to Release Earnings on Thursday

VeriSign (NASDAQ:VRSN) is expected to issue its Q2 2025 quarterly earnings data after the market closes on Thursday, July 24th. Analysts expect the company to announce earnings of $2.20 per share and revenue of $410.35 million for the quarter. VeriSign has set its FY 2025 guidance at EPS.

VeriSign (NASDAQ:VRSN) last issued its quarterly earnings data on Thursday, April 24th. The information services provider reported $2.10 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.10. VeriSign had a negative return on equity of 41.37% and a net margin of 50.23%. The business had revenue of $402.30 million during the quarter, compared to analyst estimates of $400.44 million. During the same period in the previous year, the firm earned $1.92 EPS. VeriSign’s quarterly revenue was up 4.7% compared to the same quarter last year.

VeriSign Stock Performance

Shares of VRSN opened at $283.27 on Thursday. The stock has a 50 day simple moving average of $280.94 and a 200 day simple moving average of $251.02. VeriSign has a 52-week low of $172.49 and a 52-week high of $291.54. The firm has a market capitalization of $26.60 billion, a PE ratio of 34.63 and a beta of 0.78.

VeriSign Dividend Announcement

The firm also recently disclosed a — dividend, which was paid on Wednesday, May 28th. Investors of record on Monday, May 19th were given a $0.77 dividend. The ex-dividend date was Monday, May 19th. VeriSign’s dividend payout ratio is presently 37.65%.

Insiders Place Their Bets

In other VeriSign news, CEO D James Bidzos sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 10th. The stock was sold at an average price of $276.71, for a total transaction of $1,383,550.00. Following the completion of the transaction, the chief executive officer owned 544,772 shares of the company’s stock, valued at $150,743,860.12. This represents a 0.91% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Yehuda Ari Buchalter sold 600 shares of the company’s stock in a transaction that occurred on Tuesday, May 6th. The stock was sold at an average price of $283.79, for a total value of $170,274.00. Following the transaction, the director directly owned 3,735 shares of the company’s stock, valued at approximately $1,059,955.65. This trade represents a 13.84% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 33,004 shares of company stock valued at $9,305,492 in the last quarter. 0.84% of the stock is currently owned by insiders.

Institutional Investors Weigh In On VeriSign

A number of institutional investors and hedge funds have recently made changes to their positions in VRSN. Advisors Asset Management Inc. raised its stake in VeriSign by 25.3% in the 1st quarter. Advisors Asset Management Inc. now owns 198 shares of the information services provider’s stock valued at $50,000 after acquiring an additional 40 shares during the period. Integrated Wealth Concepts LLC raised its stake in VeriSign by 12.3% in the 1st quarter. Integrated Wealth Concepts LLC now owns 1,232 shares of the information services provider’s stock valued at $313,000 after acquiring an additional 135 shares during the period. NewEdge Advisors LLC raised its stake in VeriSign by 104.5% in the 1st quarter. NewEdge Advisors LLC now owns 4,125 shares of the information services provider’s stock valued at $1,047,000 after acquiring an additional 2,108 shares during the period. Jones Financial Companies Lllp raised its stake in VeriSign by 122.1% in the 1st quarter. Jones Financial Companies Lllp now owns 3,358 shares of the information services provider’s stock valued at $852,000 after acquiring an additional 1,846 shares during the period. Finally, Empowered Funds LLC raised its stake in VeriSign by 2.0% in the 1st quarter. Empowered Funds LLC now owns 9,346 shares of the information services provider’s stock valued at $2,373,000 after acquiring an additional 186 shares during the period. Institutional investors own 92.90% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on VRSN. Citigroup reaffirmed a “buy” rating on shares of VeriSign in a research report on Tuesday, July 8th. Wall Street Zen raised VeriSign from a “hold” rating to a “buy” rating in a research report on Saturday, April 12th. Finally, Robert W. Baird upped their price target on VeriSign from $285.00 to $305.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 1st.

About VeriSign

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.