Verso Corporation produces and sells coated papers in North America. It operates through two segments, Paper and Pulp. The company offers coated freesheet and coated groundwood, specialty, inkjet and digital, supercalendered, and uncoated freesheet papers; and northern bleached hardwood Kraft pulp to manufacture printing, writing, and specialty paper grades, as well as to manufacture tissue products. Its paper products are used primarily in media and marketing applications, including catalogs, magazines, and commercial printing applications, such as high-end advertising brochures, annual reports, and direct-mail advertising; and specialty applications comprising flexible packaging, and label and converting. The company was formerly known as Verso Paper Corp. and changed its name to Verso Corporation in January 2015. Verso Corporation was founded in 2006 and is headquartered in Miamisburg, Ohio.
Industry, Sector and Symbol
Industry Paper mills
Sub-IndustryN/A
SectorBasic Materials
Phone877-855-7243
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.46 billion
Profitability
Miscellaneous
Employees4,200
OptionableOptionable
Verso (NYSE:VRS) Frequently Asked Questions
What is Verso's stock symbol?
Verso trades on the New York Stock Exchange (NYSE) under the ticker symbol "VRS."
How were Verso's earnings last quarter?
Verso Corp (NYSE:VRS) announced its quarterly earnings results on Wednesday, November, 7th. The basic materials company reported $1.63 EPS for the quarter, missing the Zacks' consensus estimate of $1.73 by $0.10. The basic materials company earned $704 million during the quarter, compared to the consensus estimate of $714.15 million. Verso had a net margin of 4.61% and a return on equity of 17.33%. View Verso's Earnings History.
When is Verso's next earnings date?
What guidance has Verso issued on next quarter's earnings?
Verso updated its fourth quarter 2018 earnings guidance on Wednesday, November, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $700-720 million, compared to the consensus revenue estimate of $726.09 million.
What price target have analysts set for VRS?
2 analysts have issued 12-month price targets for Verso's shares. Their forecasts range from $47.00 to $50.00. On average, they expect Verso's share price to reach $48.50 in the next twelve months. This suggests a possible upside of 92.5% from the stock's current price. View Analyst Price Targets for Verso.
What is the consensus analysts' recommendation for Verso?
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.
Has Verso been receiving favorable news coverage?
Media headlines about VRS stock have been trending somewhat positive on Saturday, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Verso earned a daily sentiment score of 0.9 on InfoTrie's scale. They also assigned news stories about the basic materials company a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an impact on the company's share price in the next several days.
Who are some of Verso's key competitors?
Who are Verso's key executives?
Verso's management team includes the folowing people:
- Mr. B. Christopher DiSantis, Pres, CEO & Director (Age 46)
- Mr. Allen James Campbell, Sr. VP & CFO (Age 60)
- Mr. Kenneth D. Sawyer, Sr. VP of HR & Communications (Age 62)
- Mr. Adam St. John, Sr. VP of Manufacturing (Age 54)
- Mr. Michael A. Weinhold, Pres of Graphic & Specialty Papers (Age 53)
Who are Verso's major shareholders?
Verso's stock is owned by a number of of retail and institutional investors. Top institutional investors include Hennessy Advisors Inc. (0.54%), Bowling Portfolio Management LLC (0.13%), Alpha Windward LLC (0.05%), Nisa Investment Advisors LLC (0.02%) and Meeder Asset Management Inc. (0.01%). Company insiders that own Verso stock include Allen James Campbell and Mudrick Capital Management, L. View Institutional Ownership Trends for Verso.
Which major investors are selling Verso stock?
Which major investors are buying Verso stock?
VRS stock was purchased by a variety of institutional investors in the last quarter, including Bowling Portfolio Management LLC, Alpha Windward LLC and Meeder Asset Management Inc.. View Insider Buying and Selling for Verso.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Verso's stock price today?
One share of VRS stock can currently be purchased for approximately $25.20.
How big of a company is Verso?
Verso has a market capitalization of $871.77 million and generates $2.46 billion in revenue each year. The basic materials company earns $-30,000,000.00 in net income (profit) each year or ($0.75) on an earnings per share basis. Verso employs 4,200 workers across the globe.
What is Verso's official website?
How can I contact Verso?
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]
MarketBeat Community Rating for Verso (NYSE VRS)
MarketBeat's community ratings are surveys of what our community members think about Verso and other stocks. Vote "Outperform" if you believe VRS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VRS will underperform the S&P 500 over the long term. You may vote once every thirty days.
