NYSE:VRS - Verso Stock Price, Forecast & News

Verso trades on the New York Stock Exchange (NYSE) under the ticker symbol "VRS."

Verso Corp (NYSE:VRS) announced its quarterly earnings data on Tuesday, November, 12th. The basic materials company reported $0.85 earnings per share for the quarter, beating analysts' consensus estimates of ($0.17) by $1.02. The basic materials company had revenue of $616 million for the quarter, compared to analyst estimates of $629.70 million. Verso had a return on equity of 15.45% and a net margin of 1.57%. View Verso's Earnings History.

Verso is scheduled to release their next quarterly earnings announcement on Friday, March 6th 2020. View Earnings Estimates for Verso.

1 brokerages have issued 1 year price targets for Verso's stock. Their forecasts range from $24.00 to $24.00. On average, they anticipate Verso's stock price to reach $24.00 in the next year. This suggests a possible upside of 29.2% from the stock's current price. View Analyst Price Targets for Verso.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Verso in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Verso.

Headlines about VRS stock have been trending extremely negative on Tuesday, InfoTrie reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Verso earned a news sentiment score of -5.0 on InfoTrie's scale. They also gave media headlines about the basic materials company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Verso.

Some companies that are related to Verso include Domtar (UFS), Neenah (NP), Schweitzer-Mauduit International (SWM), P H Glatfelter (GLT) and Resolute Forest Products (RFP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Verso investors own include Intel (INTC), Micron Technology (MU), Ford Motor (F), Advanced Micro Devices (AMD), Canopy Growth (CGC), NeoPhotonics (NPTN), Pieris Pharmaceuticals (PIRS), Viper Energy Partners (VNOM), Enova International (ENVA) and Cypress Semiconductor (CY).

Verso's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Royce & Associates LP (6.11%), Acadian Asset Management LLC (2.31%), State Street Corp (2.10%), Oaktree Capital Management LP (1.95%), Redwood Capital Management LLC (1.84%) and Charles Schwab Investment Management Inc. (1.64%). Company insiders that own Verso stock include Allen James Campbell and Mudrick Capital Management, L. View Institutional Ownership Trends for Verso.

VRS stock was sold by a variety of institutional investors in the last quarter, including Oaktree Capital Management LP, Redwood Capital Management LLC, AQR Capital Management LLC, Robeco Institutional Asset Management B.V., Donald Smith & CO. Inc., New York State Common Retirement Fund, Acadian Asset Management LLC and Prudential Financial Inc.. View Insider Buying and Selling for Verso.

VRS stock was purchased by a variety of institutional investors in the last quarter, including Royce & Associates LP, Voss Capital LLC, Panagora Asset Management Inc., Marshall Wace North America L.P., Mackay Shields LLC, Charles Schwab Investment Management Inc., Marshall Wace LLP and Alberta Investment Management Corp. View Insider Buying and Selling 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 $18.58.

Verso has a market capitalization of $644.80 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.View Additional Information About Verso.

The official website for Verso is http://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]