VeriSign (VRSN) to Release Earnings on Thursday

VeriSign (NASDAQ:VRSN) is expected to post its Q2 2025 quarterly earnings results after the market closes on Thursday, July 24th. Analysts expect VeriSign to post 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 earnings results on Thursday, April 24th. The information services provider reported $2.10 earnings per share for the quarter, meeting analysts’ consensus estimates of $2.10. The company had revenue of $402.30 million for the quarter, compared to the consensus estimate of $400.44 million. VeriSign had a negative return on equity of 41.37% and a net margin of 50.23%. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.92 EPS.

VeriSign Price Performance

Shares of VRSN opened at $283.27 on Thursday. The company has a market capitalization of $26.60 billion, a price-to-earnings ratio of 34.63 and a beta of 0.78. VeriSign has a fifty-two week low of $172.49 and a fifty-two week high of $291.54. The business’s 50-day moving average is $280.94 and its 200-day moving average is $251.02.

VeriSign Announces Dividend

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

Analyst Upgrades and Downgrades

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

Insider Buying and Selling at VeriSign

In other news, EVP Thomas C. Indelicarto sold 501 shares of the firm’s stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $290.17, for a total value of $145,375.17. Following the completion of the sale, the executive vice president directly owned 38,270 shares in the company, valued at approximately $11,104,805.90. This trade represents a 1.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO D James Bidzos sold 5,000 shares of the firm’s stock in a transaction on Tuesday, June 10th. The shares were sold at an average price of $276.71, for a total value of $1,383,550.00. Following the completion of the sale, the chief executive officer owned 544,772 shares of the company’s stock, valued at approximately $150,743,860.12. This trade represents a 0.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 33,004 shares of company stock valued at $9,305,492. 0.84% of the stock is currently owned by company insiders.

Institutional Trading of VeriSign

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Advisors Asset Management Inc. raised its holdings in VeriSign by 25.3% during the 1st quarter. Advisors Asset Management Inc. now owns 198 shares of the information services provider’s stock worth $50,000 after purchasing an additional 40 shares during the last quarter. Integrated Wealth Concepts LLC raised its holdings in VeriSign by 12.3% during the 1st quarter. Integrated Wealth Concepts LLC now owns 1,232 shares of the information services provider’s stock worth $313,000 after purchasing an additional 135 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in VeriSign by 122.1% during the 1st quarter. Jones Financial Companies Lllp now owns 3,358 shares of the information services provider’s stock worth $852,000 after purchasing an additional 1,846 shares during the last quarter. NewEdge Advisors LLC increased its stake in shares of 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 last quarter. Finally, Woodline Partners LP increased its stake in shares of VeriSign by 38.5% in the 1st quarter. Woodline Partners LP now owns 6,874 shares of the information services provider’s stock valued at $1,745,000 after acquiring an additional 1,911 shares during the last quarter. 92.90% of the stock is currently owned by institutional investors and hedge funds.

VeriSign Company Profile

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.