NYSE:VRSVerso Stock Price, Forecast & News

Verso's stock was trading at $13.24 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, VRS shares have increased by 5.6% and is now trading at $13.98. 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 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 Thursday, August 13th 2020. View our earnings forecast for Verso.

Verso Corp (NYSE:VRS) posted its quarterly earnings data on Monday, May, 11th. The basic materials company reported $1.52 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.38 by $1.14. The basic materials company earned $471 million during the quarter, compared to the consensus estimate 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 declared a quarterly dividend on Tuesday, May 12th. Shareholders of record on Monday, June 15th will be paid a dividend of $0.10 per share on Monday, June 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.86%. The ex-dividend date is Friday, June 12th. View Verso's dividend history.

2 equities research analysts have issued twelve-month price targets for Verso's shares. Their forecasts range from $23.00 to $35.00. On average, they anticipate Verso's share price to reach $29.00 in the next year. This suggests a possible upside of 107.4% from the stock's current price. View analysts' price targets for Verso.

Press coverage about VRS stock has been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of press coverage by analyzing 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 news impact score of 2.0 on InfoTrie's scale. They also gave news headlines about the basic materials company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future. View the latest news aboutVerso.

Verso saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 1,440,000 shares, a drop of 10.6% from the April 30th total of 1,610,000 shares. Based on an average daily trading volume, of 325,800 shares, the short-interest ratio is presently 4.4 days. Currently, 4.8% of the company's shares 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."

Verso's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (7.19%), Skylands Capital LLC (2.26%), Donald Smith & CO. Inc. (2.21%), State Street Corp (2.07%), Acadian Asset Management LLC (2.06%) and JPMorgan Chase & Co. (1.90%). Company insiders that own Verso stock include Allen James Campbell, Jeffrey E Kirt and John Adam St. View institutional ownership trends for Verso.

VRS stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, BlackRock Inc., Two Sigma Advisers LP, Robeco Institutional Asset Management B.V., Nuveen Asset Management LLC, Parametric Portfolio Associates LLC, Mackenzie Financial Corp, and WINTON GROUP Ltd. View insider buying and selling activity for Verso.

VRS stock was bought by a variety of institutional investors in the last quarter, including TCW Group Inc., Yakira Capital Management Inc., Donald Smith & CO. Inc., Kestrel Investment Management Corp, Skylands Capital LLC, Deutsche Bank AG, Matarin Capital Management LLC, and Invesco Ltd.. 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 $13.98.

Verso has a market capitalization of $489.99 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]