NYSE:VRS - Verso Stock Price, Forecast & News

Verso's stock was trading at $13.24 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, VRS shares have decreased by 15.2% and is now trading at $11.23. View which stocks have been mosted impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Verso in the last year. There are currently 1 buy rating and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Strong Buy." View analyst ratings for Verso.

Verso is scheduled to release its next quarterly earnings announcement on Wednesday, May 13th 2020. View our earnings forecast for Verso.

Verso Corp (NYSE:VRS) announced its quarterly earnings data on Thursday, February, 27th. The basic materials company reported $1.12 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.12. The basic materials company earned $587 million during the quarter, compared to the consensus estimate of $605.24 million. Verso had a return on equity of 12.29% and a net margin of 3.93%. View Verso's earnings history.

2 equities research analysts have issued 1-year target prices for Verso's stock. Their forecasts range from $24.00 to $35.00. On average, they anticipate Verso's share price to reach $29.50 in the next year. This suggests a possible upside of 162.7% from the stock's current price. View analysts' price targets for Verso.

News coverage about VRS stock has trended extremely negative this week, InfoTrie Sentiment reports. The research group scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Verso earned a media sentiment score of -4.0 on InfoTrie's scale. They also assigned media headlines about the basic materials company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutVerso.

Verso saw a decrease in short interest in the month of March. As of March 13th, there was short interest totaling 1,738,200 shares, a decrease of 9.0% from the February 27th total of 1,910,000 shares. Based on an average trading volume of 298,500 shares, the short-interest ratio is currently 5.8 days. Currently, 5.8% of the shares of the stock are sold short. View Verso's Current Options Chain.

Some companies that are related to Verso include Domtar (UFS), Schweitzer-Mauduit International (SWM), Neenah (NP), P H Glatfelter (GLT) and Resolute Forest Products (RFP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Verso investors own include Intel (INTC), Micron Technology (MU), Ford Motor (F), Advanced Micro Devices (AMD), Canopy Growth (CGC), NeoPhotonics (NPTN), Pieris Pharmaceuticals (PIRS), Viper Energy Partners (VNOM), Alibaba Group (BABA) and Bank of America (BAC).

Verso trades on the New York Stock Exchange (NYSE) under the ticker symbol "VRS."

Verso's stock is owned by many different institutional and retail investors. Top institutional shareholders include Royce & Associates LP (6.11%), Acadian Asset Management LLC (2.31%), State Street Corp (2.10%), Oaktree Capital Management LP (1.95%), Redwood Capital Management LLC (1.84%) and Charles Schwab Investment Management Inc. (1.64%). Company insiders that own Verso stock include Allen James Campbell and Jeffrey E Kirt. View institutional ownership trends for Verso.

VRS stock was sold by a variety of institutional investors in the last quarter, including Oaktree Capital Management LP, Redwood Capital Management LLC, AQR Capital Management LLC, Robeco Institutional Asset Management B.V., Donald Smith & CO. Inc., New York State Common Retirement Fund, Acadian Asset Management LLC, and Prudential Financial Inc.. View insider buying and selling activity for Verso.

VRS stock was purchased by a variety of institutional investors in the last quarter, including Royce & Associates LP, Voss Capital LLC, Panagora Asset Management Inc., Marshall Wace North America L.P., Mackay Shields LLC, Charles Schwab Investment Management Inc., Marshall Wace LLP, and Nuveen Asset Management LLC. Company insiders that have bought Verso stock in the last two years include Allen James Campbell, and Jeffrey E Kirt. View insider buying and selling activity for Verso.

Shares of VRS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of VRS stock can currently be purchased for approximately $11.23.

Verso has a market capitalization of $395.07 million and generates $2.44 billion in revenue each year. The basic materials company earns $96 million in net income (profit) each year or ($0.19) on an earnings per share basis. Verso employs 3,700 workers across the globe. View additional information about Verso.

The official website for Verso is http://www.versoco.com/.

Verso's mailing address is 8540 GANDER CREEK DRIVE, MIAMISBURG OH, 45342. The basic materials company can be reached via phone at 877-855-7243 or via email at [email protected]