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 Ratio0.25
Current Ratio1.95
Quick Ratio0.74
Price-To-Earnings
Trailing P/E Ratio-26.73
Forward P/E Ratio20.46
P/E GrowthN/A
Sales & Book Value
Annual Sales$2.46 billion
Price / Sales0.28
Cash Flow$2.9442 per share
Price / Cash6.81
Book Value$22.39 per share
Price / Book0.90
Profitability
EPS (Most Recent Fiscal Year)($0.75)
Net Income$-30,000,000.00
Net Margins-0.44%
Return on Equity-0.74%
Return on Assets-0.25%
Miscellaneous
Employees4,200
Outstanding Shares34,450,000
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 Corp (NYSE:VRS) released its quarterly earnings data on Wednesday, May, 9th. The basic materials company reported $0.03 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.60 by $0.57. The basic materials company had revenue of $639 million for the quarter, compared to the consensus estimate of $628.16 million. Verso had a negative net margin of 0.44% and a negative return on equity of 0.74%. View Verso's Earnings History.
When is Verso's next earnings date?
What price target have analysts set for VRS?
2 analysts have issued 1 year price objectives for Verso's stock. Their forecasts range from $26.00 to $30.00. On average, they anticipate Verso's share price to reach $28.00 in the next twelve months. View Analyst Ratings for Verso.
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. Michael A. Weinhold, Pres of Graphic Papers (Age 53)
- 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?
News coverage about VRS stock has been trending somewhat negative this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Verso earned a media sentiment score of -0.02 on Accern's scale. They also gave news stories about the basic materials company an impact score of 46.70 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
Who are Verso's major shareholders?
Verso's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.93%), Donald Smith & CO. Inc. (4.89%), Millennium Management LLC (4.84%), Dimensional Fund Advisors LP (4.51%), JPMorgan Chase & Co. (3.83%) and Russell Investments Group Ltd. (1.40%). Company insiders that own Verso stock include Allen James Campbell, Mudrick Capital Management, L and Robert M Amen. View Institutional Ownership Trends for Verso.
Which major investors are selling Verso stock?
VRS stock was sold by a variety of institutional investors in the last quarter, including Donald Smith & CO. Inc., Aegis Financial Corp, Engineers Gate Manager LP, California Public Employees Retirement System, Wells Fargo & Company MN, BNP Paribas Arbitrage SA and Citigroup Inc.. View Insider Buying and Selling for Verso.
Which major investors are buying Verso stock?
VRS stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, JPMorgan Chase & Co., Dimensional Fund Advisors LP, BlackRock Inc., Hennessy Advisors Inc., Russell Investments Group Ltd., Mackay Shields LLC and ClariVest Asset Management LLC. 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 $20.05.
How big of a company is Verso?
Verso has a market capitalization of $668.06 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.
