NYSE:VRSVerso Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Verso Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $11.63 -0.14 (-1.19 %) (As of 07/3/2020 04:00 PM ET) Add Compare Share Today's Range$11.59Now: $11.63▼$12.0950-Day Range$11.13MA: $13.43▼$17.0152-Week Range$9.61Now: $11.63▼$19.49Volume161,072 shsAverage Volume291,712 shsMarket Capitalization$407.63 millionP/E Ratio3.66Dividend Yield3.44%Beta1.93 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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, packaging, inkjet and digital, supercalendered, and uncoated freesheet papers; and bleached and unbleached market kraft pulp to manufacture printing, writing, and 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.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingVerso has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $26.25, Verso has a potential upside of 125.7% from its current price of $11.63.Amount of Analyst CoverageVerso has only been the subject of 2 research reports in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesVerso has received 214 “outperform” votes. (Add your “outperform” vote.)Underperform VotesVerso has received 232 “underperform” votes. (Add your “underperform” vote.)Community SentimentVerso has received 52.02% “underperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend YieldVerso pays a meaningful dividend of 3.44%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthVerso does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Verso will have a dividend payout ratio of 58.82% next year. This indicates that Verso will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Verso insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $250,937.00 in company stock.Percentage Held by InsidersOnly 0.45% of the stock of Verso is held by insiders.Percentage Held by Institutions83.70% of the stock of Verso is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Verso are expected to grow in the coming year, from ($3.21) to $0.68 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Verso is 3.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.83.Price to Earnings Ratio vs. SectorThe P/E ratio of Verso is 3.66, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 24.65.Price to Book Value per Share RatioVerso has a P/B Ratio of 0.40. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.21 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Paper mills Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:VRS Previous Symbol CUSIPN/A CIK1421182 Webwww.versoco.com Phone877-855-7243Debt Debt-to-Equity RatioN/A Current Ratio3.59 Quick Ratio2.02Price-To-Earnings Trailing P/E Ratio3.66 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$2.44 billion Price / Sales0.17 Cash Flow$5.10 per share Price / Cash Flow2.28 Book Value$29.19 per share Price / Book0.40Profitability EPS (Most Recent Fiscal Year)($0.19) Net Income$96 million Net Margins5.01% Return on Equity4.50% Return on Assets2.56%Miscellaneous Employees3,700 Outstanding Shares35,050,000Market Cap$407.63 million Next Earnings Date8/13/2020 (Estimated) OptionableOptionable VRS Rates by TradingView Receive VRS News and Ratings via Email Sign-up to receive the latest news and ratings for VRS and its competitors with MarketBeat's FREE daily newsletter. Verso (NYSE:VRS) Frequently Asked Questions How has Verso's stock been impacted by COVID-19 (Coronavirus)? Verso's stock was trading at $13.24 on March 11th, 2020 when COVID-19 (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. Do Wall Street analysts recommend investors buy shares of 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. When is Verso's next earnings date? Verso is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Verso. How were Verso's earnings last quarter? Verso Corp (NYSE:VRS) posted its quarterly earnings results on Monday, May, 11th. The basic materials company reported $1.52 EPS 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 net margin of 5.01% and a return on equity of 4.50%. View Verso's earnings history. How often does Verso pay dividends? What is the dividend yield for Verso? Verso announced a quarterly dividend on Tuesday, May 12th. Stockholders 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 annualized dividend and a yield of 3.44%. The ex-dividend date is Friday, June 12th. View Verso's dividend history. What price target have analysts set for VRS? 2 brokerages have issued 1-year price objectives for Verso's shares. Their forecasts range from $23.00 to $29.50. On average, they anticipate Verso's stock price to reach $26.25 in the next twelve months. This suggests a possible upside of 125.7% from the stock's current price. View analysts' price targets for Verso. Has Verso been receiving favorable news coverage? Media stories about VRS stock have been trending somewhat negative on Saturday, InfoTrie reports. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Verso earned a news sentiment score of -1.0 on InfoTrie's scale. They also assigned news stories about the basic materials company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news about Verso. Are investors shorting Verso? Verso saw a decrease in short interest during the month of June. As of June 15th, there was short interest totaling 1,200,000 shares, a decrease of 6.3% from the May 31st total of 1,280,000 shares. Based on an average daily volume of 337,500 shares, the days-to-cover ratio is presently 3.6 days. Approximately 4.0% of the company's stock are sold short. View Verso's Current Options Chain. Who are some of Verso's key competitors? 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. What other stocks do shareholders of Verso own? 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). Who are Verso's key executives? Verso's management team includes the following people: Mr. Allen James Campbell, Sr. VP & CFO (Age 61)Mr. Kenneth D. Sawyer, Sr. VP of HR & Communications (Age 63)Mr. Adam St. John, Sr. VP of Manufacturing (Age 55)Mr. Michael A. Weinhold, Pres of Graphic & Specialty Papers (Age 54)Mr. Leslie T. Lederer, Interim Chief Exec. Officer (Age 70) What is Verso's stock symbol? Verso trades on the New York Stock Exchange (NYSE) under the ticker symbol "VRS." 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, Robinhood, Fidelity, and Charles Schwab. What is Verso's stock price today? One share of VRS stock can currently be purchased for approximately $11.63. How big of a company is Verso? 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. What is Verso's official website? The official website for Verso is www.versoco.com. 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] This page was last updated on 7/4/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
