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.
Industry, Sector and Symbol
Industry Paper mills
Sub-IndustryN/A
SectorBasic Materials
Phone877-855-7243
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.68 billion
Profitability
Miscellaneous
Employees4,400
Next Earnings Date5/8/2019 (Estimated)
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) issued its quarterly earnings data on Friday, March, 1st. The basic materials company reported $1.82 EPS for the quarter, topping analysts' consensus estimates of $1.71 by $0.11. The basic materials company had revenue of $695 million for the quarter, compared to analyst estimates of $712.83 million. Verso had a net margin of 6.38% and a return on equity of 15.94%. View Verso's Earnings History.
When is Verso's next earnings date?
What guidance has Verso issued on next quarter's earnings?
Verso issued an update on its first quarter 2019 earnings guidance on Thursday, February, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $625-640 million, compared to the consensus revenue estimate of $718.61 million.
What price target have analysts set for VRS?
2 equities research analysts have issued 1 year target prices for Verso's stock. Their predictions range from $26.00 to $50.00. On average, they expect Verso's share price to reach $38.00 in the next twelve months. This suggests a possible upside of 72.6% 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 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Verso.
Has Verso been receiving favorable news coverage?
Headlines about VRS stock have been trending somewhat negative this week, InfoTrie reports. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Verso earned a coverage optimism score of -1.4 on InfoTrie's scale. They also assigned news articles about the basic materials company a news buzz of 2.0 out of 10, indicating that recent press 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?
What other stocks do shareholders of Verso own?
Who are Verso's key executives?
Verso's management team includes the folowing people:
- Mr. B. Christopher DiSantis, Pres, CEO & Director (Age 47)
- 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)
Who are Verso's major shareholders?
Verso's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Hennessy Advisors Inc. (0.50%), Strs Ohio (0.11%) and First Quadrant L P CA (0.01%). Company insiders that own Verso stock include Allen James Campbell and Mudrick Capital Management, L. View Institutional Ownership Trends for Verso.
Which institutional investors are selling Verso stock?
Which institutional investors are buying Verso stock?
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 $22.02.
How big of a company is Verso?
Verso has a market capitalization of $759.34 million and generates $2.68 billion in revenue each year. The basic materials company earns $171 million in net income (profit) each year or $3.70 on an earnings per share basis. Verso employs 4,400 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.
