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
SymbolNYSE:VRS
CUSIPN/A
Phone877-855-7243
Debt
Debt-to-Equity Ratio0.35%
Current Ratio2.15%
Quick Ratio0.63%
Price-To-Earnings
Trailing P/E Ratio-24.73
Forward P/E Ratio7.39
P/E GrowthN/A
Sales & Book Value
Annual Sales$2.46 billion
Price / Sales0.26
Cash Flow$2.8495 per share
Price / Cash6.51
Book Value$22.39 per share
Price / Book0.83
Profitability
EPS (Most Recent Fiscal Year)($0.75)
Net Income$-30,000,000.00
Net Margins-1.22%
Return on Equity-4.83%
Return on Assets-1.61%
Miscellaneous
Employees4,200
Outstanding Shares34,460,000
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 Co. (NYSE:VRS) issued its quarterly earnings results on Thursday, March, 8th. The basic materials company reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.27. The basic materials company earned $639 million during the quarter, compared to the consensus estimate of $639.95 million. Verso had a negative return on equity of 4.83% and a negative net margin of 1.22%. View Verso's Earnings History.
When is Verso's next earnings date?
What price target have analysts set for VRS?
2 brokerages have issued 12-month target prices for Verso's shares. Their forecasts range from $24.00 to $30.00. On average, they anticipate Verso's stock price to reach $27.00 in the next twelve months. View Analyst Ratings for Verso.
Who are some of Verso's key competitors?
Some companies that are related to Verso include A. Schulman (SHLM), SSR Mining (SSRM), AdvanSix (ASIX), Rayonier Advanced Materials (RYAM), Semafo (SMF), First Majestic Silver (AG), Materion (MTRN), Trican Well Service (TCW), Hi Crush Partners (HCLP), Canfor Pulp Products (CFX), Sandstorm Gold (SSL), KMG Chemicals (KMG), P H Glatfelter (GLT), Calfrac Well Services (CFW), Fortuna Silver Mines (FVI), Nexeo Solutions (NXEO), Fortuna Silver Mines (FSM) and Koppers (KOP).
Who are Verso's key executives?
Verso's management team includes the folowing people:
- Mr. Allen James Campbell, Sr. VP & CFO (Age 60)
- Mr. Michael A. Weinhold, Pres of Graphic Papers (Age 53)
- Mr. B. Christopher DiSantis, Pres, CEO & Director (Age 46)
- Mr. Kenneth D. Sawyer, Sr. VP of HR & Communications (Age 62)
- Mr. Adam St. John, Sr. VP of Manufacturing (Age 54)
Has Verso been receiving favorable news coverage?
Press coverage about VRS stock has trended somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Verso earned a news sentiment score of 0.11 on Accern's scale. They also assigned headlines about the basic materials company an impact score of 46.18 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
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 $18.55.
How big of a company is Verso?
Verso has a market capitalization of $639.14 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.
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 (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.
Verso (NYSE:VRS) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
2 Wall Street analysts have issued ratings and price targets for Verso in the last 12 months. Their average twelve-month price target is $27.00, suggesting that the stock has a possible upside of 45.55%. The high price target for VRS is $30.00 and the low price target for VRS is $24.00. There are currently 2 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Strong Buy |
| Consensus Rating Score: | 3.00 | 3.00 | 3.00 | 3.50 |
| Ratings Breakdown: | 0 Sell Rating(s)
0 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
1 Strong Buy Rating(s) |
| Consensus Price Target: | $27.00 | $27.00 | $20.00 | $13.1250 |
| Price Target Upside: | 45.55% upside | 54.82% upside | 18.06% upside | 126.29% upside |
Verso (NYSE:VRS) Consensus Price Target History
Verso (NYSE:VRS) Analyst Ratings History
Show:
| Date | Brokerage | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 3/9/2018 | BWS Financial | Boost Price Target | Buy | $30.00 | Low |  |
| 3/9/2018 | B. Riley | Set Price Target | Buy | $24.00 | Low | |
(Data available from 4/22/2016 forward)
Verso (NYSE:VRS) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Verso (NYSE VRS) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 4.20%
Institutional Ownership Percentage: 82.22%
Verso (NYSE VRS) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 2/26/2018 | Mudrick Capital Management, L. | Major Shareholder | Sell | 100,000 | $17.32 | $1,732,000.00 | | |
| 2/23/2018 | Mudrick Capital Management, L. | Major Shareholder | Sell | 100,000 | $17.29 | $1,729,000.00 | | |
| 2/21/2018 | Mudrick Capital Management, L. | Major Shareholder | Sell | 347,573 | $17.35 | $6,030,391.55 | | |
| 2/16/2018 | Mudrick Capital Management, L. | Major Shareholder | Sell | 60,000 | $17.15 | $1,029,000.00 | | |
| 1/12/2018 | Mudrick Capital Management, L. | Major Shareholder | Sell | 50,000 | $16.43 | $821,500.00 | | |
| 1/10/2018 | Mudrick Capital Management, L. | Major Shareholder | Sell | 125,000 | $16.91 | $2,113,750.00 | | |
| 1/5/2018 | Mudrick Capital Management, L. | Major Shareholder | Sell | 798,849 | $16.74 | $13,372,732.26 | | |
| 1/3/2018 | Mudrick Capital Management, L. | Major Shareholder | Sell | 312,746 | $16.63 | $5,200,965.98 | | |
| 11/21/2016 | Robert M. Amen | Director | Sell | 2,636 | $5.35 | $14,102.60 | | |
| 8/29/2016 | Allen James Campbell | CFO | Buy | 15,000 | $6.09 | $91,350.00 | | |
| 5/22/2015 | Peter H Kesser | SVP | Buy | 70,000 | $1.01 | $70,700.00 | | |
| 3/12/2014 | Michael A Weinhold | SVP | Buy | 10,000 | $2.21 | $22,100.00 | | |
| 3/11/2014 | Robert P Mundy | CFO | Buy | 10,000 | $2.05 | $20,500.00 | | |
| 12/12/2012 | Peter H Kesser | SVP | Buy | 20,000 | $1.08 | $21,600.00 | | |
| 8/24/2012 | Michael A Weinhold | SVP | Buy | 12,800 | $1.97 | $25,216.00 | | |
| 8/24/2012 | Robert P Mundy | CFO | Buy | 19,700 | $1.80 | $35,460.00 | | |
| 8/23/2012 | Michael A Weinhold | SVP | Buy | 6,000 | $1.64 | $9,840.00 | | |
| 8/20/2012 | Peter H Kesser | SVP | Buy | 8,510 | $1.50 | $12,765.00 | | |
(Data available from 1/1/2013 forward)
Verso (NYSE VRS) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Verso (VRS) Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - April 20 at 1:19 PM |
| Verso (VRS) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - April 16 at 1:54 PM |
| Verso (VRS) Downgraded by Zacks Investment Research to Hold
www.americanbankingnews.com - April 13 at 1:35 PM |
| Zacks: Verso Co. (VRS) Given Consensus Recommendation of "Strong Buy" by Analysts
www.americanbankingnews.com - April 12 at 11:29 AM |
 | Verso - Please Save Us From All The Money!
seekingalpha.com - April 9 at 4:27 PM |
| $628.16 Million in Sales Expected for Verso Co. (VRS) This Quarter
www.americanbankingnews.com - April 9 at 2:02 AM |
| Verso Co. (VRS) Expected to Announce Earnings of $0.61 Per Share
www.americanbankingnews.com - April 7 at 7:10 PM |
| Analyzing Verso (VRS) & Schweitzer-Mauduit International (SWM)
www.americanbankingnews.com - April 5 at 7:21 PM |
| Verso (VRS) Stock Rating Reaffirmed by B. Riley
www.americanbankingnews.com - March 31 at 6:06 PM |
| Verso (VRS) & Its Rivals Head to Head Analysis
www.americanbankingnews.com - March 29 at 10:18 AM |
| Brokerages Anticipate Verso Co. (VRS) to Announce $0.61 Earnings Per Share
www.americanbankingnews.com - March 28 at 11:36 AM |
| B. Riley Analysts Give Verso (VRS) a $20.00 Price Target
www.americanbankingnews.com - March 27 at 8:34 PM |
 | Zacks.com highlights: Verso, Covenant Transportation Group, Darling Ingredients, Ingles Markets and Exelon
finance.yahoo.com - March 27 at 9:51 AM |
| What does Verso Corporation’s (NYSE:VRS) Balance Sheet Tell Us About Its Future?
finance.yahoo.com - March 27 at 9:51 AM |
| Verso (VRS) and Svenska Cellulosa SCA (SVCBY) Critical Analysis
www.americanbankingnews.com - March 26 at 11:13 PM |
| Dayton-based paper company records $30M loss in 2017
finance.yahoo.com - March 26 at 4:21 PM |
| Verso (VRS) vs. The Competition Financial Contrast
www.americanbankingnews.com - March 26 at 1:16 AM |
| Analyzing Verso (VRS) & Its Competitors
www.americanbankingnews.com - March 24 at 5:22 PM |
| Verso Co. (VRS) Receives Average Recommendation of "Strong Buy" from Analysts
www.americanbankingnews.com - March 24 at 3:33 AM |
| Verso (VRS) Upgraded to "Strong-Buy" by Zacks Investment Research
www.americanbankingnews.com - March 21 at 4:00 PM |
| KapStone Paper and Packaging (KS) and Verso (VRS) Financial Analysis
www.americanbankingnews.com - March 21 at 10:40 AM |
| Reviewing Verso (VRS) & Its Peers
www.americanbankingnews.com - March 20 at 5:14 PM |
| Verso (VRS) and Stora Enso OYJ (SEOAY) Head to Head Contrast
www.americanbankingnews.com - March 20 at 5:18 AM |
| Edited Transcript of VRS earnings conference call or presentation 8-Mar-18 2:00pm GMT
finance.yahoo.com - March 18 at 9:22 AM |
| Verso (VRS) PT Set at $24.00 by B. Riley
www.americanbankingnews.com - March 10 at 12:30 AM |
| Verso (VRS) PT Raised to $30.00 at BWS Financial
www.americanbankingnews.com - March 9 at 8:22 PM |
| Zacks: Verso Co. (VRS) Given Consensus Recommendation of "Strong Buy" by Brokerages
www.americanbankingnews.com - March 9 at 5:37 AM |
| Verso (VRS) Announces Quarterly Earnings Results
www.americanbankingnews.com - March 9 at 12:38 AM |
| Verso Corporation Reports Fourth Quarter and Year End 2017 Financial Results
finance.yahoo.com - March 8 at 9:47 AM |
| Donald Smith & CO. Inc. Sells 62,151 Shares of Verso Co. (VRS)
www.americanbankingnews.com - March 6 at 2:43 PM |
| Verso (VRS) to Release Quarterly Earnings on Thursday
www.americanbankingnews.com - March 6 at 9:19 AM |
| $639.95 Million in Sales Expected for Verso Co. (VRS) This Quarter
www.americanbankingnews.com - March 6 at 4:30 AM |
| Verso Announces Fourth Quarter and Full Year 2017 Earnings Conference Call and Webcast
finance.yahoo.com - March 5 at 9:39 AM |
| Arrowstreet Capital Limited Partnership Acquires Shares of 208,264 Verso Co. (VRS)
www.americanbankingnews.com - March 5 at 4:42 AM |
| Zacks: Analysts Anticipate Verso Co. (VRS) Will Post Earnings of $0.77 Per Share
www.americanbankingnews.com - March 4 at 3:08 PM |
| 290,606 Shares in Verso Co. (VRS) Purchased by Bogle Investment Management L P DE
www.americanbankingnews.com - March 4 at 4:58 AM |
| Brokerages Expect Verso Co. (VRS) to Post $0.77 Earnings Per Share
www.americanbankingnews.com - March 3 at 3:36 AM |
| Verso Co. (VRS) Given Consensus Rating of "Strong Buy" by Brokerages
www.americanbankingnews.com - February 27 at 7:30 PM |
| Fuller & Thaler Asset Management Inc. Buys New Holdings in Verso Co. (VRS)
www.americanbankingnews.com - February 27 at 1:07 PM |
| Verso Co. (VRS) Major Shareholder Sells $1,729,000.00 in Stock
www.americanbankingnews.com - February 26 at 9:08 PM |
| Verso Co. (VRS) Major Shareholder Sells $1,732,000.00 in Stock
www.americanbankingnews.com - February 26 at 9:08 PM |
| Wittenberg Investment Management Inc. Sells 66,248 Shares of Verso Co. (VRS)
www.americanbankingnews.com - February 26 at 3:02 PM |
| Verso Co. (VRS) Major Shareholder Sells $1,029,000.00 in Stock
www.americanbankingnews.com - February 21 at 9:24 PM |
| Mudrick Capital Management, L. Sells 347,573 Shares of Verso Co. (VRS) Stock
www.americanbankingnews.com - February 21 at 9:08 PM |
| $637.95 Million in Sales Expected for Verso Co. (VRS) This Quarter
www.americanbankingnews.com - February 17 at 1:50 AM |
| Verso (VRS) Raised to Buy at B. Riley
www.americanbankingnews.com - February 16 at 8:46 PM |
| Zacks: Analysts Anticipate Verso Co. (VRS) to Post $0.75 EPS
www.americanbankingnews.com - February 15 at 11:10 PM |
| Verso Announces Plans to Restart Paper Machine in Jay, Maine
finance.yahoo.com - February 15 at 4:36 PM |
| Brokerages Anticipate Verso Co. (VRS) to Announce $0.75 Earnings Per Share
www.americanbankingnews.com - February 12 at 9:40 PM |
| Research Analysts Offer Predictions for Verso Co.'s Q2 2018 Earnings (VRS)
www.americanbankingnews.com - February 12 at 3:10 AM |
Verso (NYSE:VRS) SEC Filings
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Verso (NYSE:VRS) Income Statement, Balance Sheet and Cash Flow Statement
Verso (NYSE VRS) Stock Chart for Sunday, April, 22, 2018
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