NYSE:VRSVerso Stock Price, Forecast & News

Verso's stock was trading at $13.24 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, VRS shares have decreased by 12.2% and is now trading at $11.63. View which stocks have been most impacted by Coronavirus.

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

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

Verso Corp (NYSE:VRS) issued its quarterly earnings results on Monday, May, 11th. The basic materials company reported $1.52 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.38 by $1.14. The basic materials company earned $471 million during the quarter, compared to analysts' expectations of $493.11 million. Verso had a return on equity of 4.50% and a net margin of 5.01%. View Verso's earnings history.

Verso announced a quarterly dividend on Tuesday, May 12th. Shareholders of record on Monday, June 15th will be given a dividend of $0.10 per share on Monday, June 29th. This represents a $0.40 annualized dividend and a dividend yield of 3.44%. The ex-dividend date is Friday, June 12th. View Verso's dividend history.

2 brokerages have issued 1-year price objectives for Verso's stock. Their forecasts range from $23.00 to $29.50. On average, they anticipate Verso's stock price to reach $26.25 in the next year. This suggests a possible upside of 125.7% from the stock's current price. View analysts' price targets for Verso.

News headlines about VRS stock have been trending negative this week, InfoTrie reports. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Verso earned a news sentiment score of -2.2 on InfoTrie's scale. They also assigned media stories about the basic materials company a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the stock's share price in the immediate future. View the latest news about Verso.

Verso saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 1,310,000 shares, an increase of 9.2% from the June 15th total of 1,200,000 shares. Based on an average trading volume of 307,500 shares, the days-to-cover ratio is presently 4.3 days. Approximately 4.3% 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). View all competitors.

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

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

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 $11.63.

Verso has a market capitalization of $407.63 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.

The official website for Verso is 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]