Verso Corporation is a producer of coated papers, which are used in magazines, catalogs, advertising brochures and annual reports, among other media and marketing publications. The Company operates through two segments: paper and pulp. The Paper segment includes paper products, which are used in media and marketing applications, including catalogs, magazines, and commercial printing applications, such as advertising brochures, annual reports and direct-mail advertising. The Pulp segment includes pulp products, which are used to manufacture printing, writing, and specialty paper grades and tissue products. The Company produces a range of products, ranging from coated freesheet and coated groundwood, to inkjet and digital paper, supercalendered papers and uncoated freesheet. It also produces and sells market kraft pulp, which is used to manufacture printing and writing paper grades and tissue products. The Company also produces and sells Northern Bleached Hardwood Kraft (NBHK) pulp.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Paper & Paper Products
- Sub-Industry: N/A
- Symbol: NYSE:VRS
- CUSIP: N/A
- Web: www.versoco.com
Capitalization:- Market Cap: $167.48 million
- Outstanding Shares: 34,390,000
Average Prices:- 50 Day Moving Avg: $4.39
- 200 Day Moving Avg: $5.81
- 52 Week Range: $3.17 - $11.90
P/E:- Trailing P/E Ratio: 3.15
- Foreward P/E Ratio: 27.06
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $2.57 billion
- Price / Sales: 0.07
- Book Value: $21.78 per share
- Price / Book: 0.22
Profitability:- EBIDTA: $140 million
- Net Margins: 47.25%
- Return on Equity: 581.15%
- Return on Assets: 60.89%
Debt:- Debt-to-Equity Ratio: 0.42%
- Current Ratio: 2.68%
- Quick Ratio: 0.88%
Misc:- Average Volume: 365,543 shs.
- Short Ratio: 5.27
Frequently Asked Questions for Verso Corporation (NYSE:VRS)
What is Verso Corporation's stock symbol?
Verso Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "VRS."
How were Verso Corporation's earnings last quarter?
Verso Corporation (NYSE:VRS) posted its earnings results on Thursday, May, 18th. The company reported ($0.61) earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of ($0.61). The firm had revenue of $616 million for the quarter, compared to analysts' expectations of $615.50 million. Verso Corporation had a return on equity of 581.15% and a net margin of 47.25%. View Verso Corporation's Earnings History.
When will Verso Corporation make its next earnings announcement?
Where is Verso Corporation's stock going? Where will Verso Corporation's stock price be in 2017?
2 analysts have issued twelve-month price objectives for Verso Corporation's shares. Their forecasts range from $11.25 to $25.00. On average, they expect Verso Corporation's share price to reach $18.13 in the next twelve months. View Analyst Ratings for Verso Corporation.
Are investors shorting Verso Corporation?
Verso Corporation saw a increase in short interest in the month of June. As of June 30th, there was short interest totalling 2,585,278 shares, an increase of 183.5% from the June 15th total of 912,050 shares. Based on an average trading volume of 717,711 shares, the days-to-cover ratio is currently 3.6 days. Approximately 7.7% of the company's stock are sold short.
Who are some of Verso Corporation's key competitors?
Some companies that are related to Verso Corporation include Taseko Mines Ltd (TGB), Ryerson Holding Corporation (RYI), Lonmin PLC (LNMIY), Trecora Resources (TREC), Kenmare Resources plc (KMR), Smart Sand (SND), DAQO New Energy Corp. (DQ), Asanko Gold (AKG), Central Asia Metals Ltd (CAML), Golden Star Resources (GSS), IG Design Group PLC (IGR), Gold Resource (GORO), Lonmin Plc (LMI), Petropavlovsk PLC (POG), China XD Plastics Company Limited (CXDC), Polymet Mining Corp (PLM), Great Panther Silver Ltd (GPL) and Pan African Resources plc (PAF).
Who owns Verso Corporation stock?
Verso Corporation's stock is owned by a number of of retail and institutional investors. Top institutional investors include Prescott Group Capital Management L.L.C. (1.68%) and Strs Ohio (0.26%). Company insiders that own Verso Corporation stock include Allen James Campbell and Robert M Amen. View Institutional Ownership Trends for Verso Corporation.
Who bought Verso Corporation stock? Who is buying Verso Corporation stock?
How do I buy Verso Corporation stock?
Shares of Verso Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Verso Corporation's stock price today?
One share of Verso Corporation stock can currently be purchased for approximately $4.87.
MarketBeat Community Rating for Verso Corporation (NYSE VRS)MarketBeat's community ratings are surveys of what our community members think about Verso Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Verso Corporation (NYSE:VRS) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus 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 will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Buy Ratings |
| Consensus Rating: | Buy (Score: 3.00) |
| Consensus Price Target: | $18.13 (272.18% upside) |
Analysts' Ratings History for Verso Corporation (NYSE:VRS)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 5/24/2017 | B. Riley | Reiterated Rating | Buy | $11.25 | Low |  |
| 7/27/2016 | BWS Financial | Initiated Coverage | Buy | $25.00 -> $25.00 | N/A | |
(Data available from 7/27/2015 forward)
Earnings History for Verso Corporation (NYSE:VRS)Earnings History by Quarter for Verso Corporation (NYSE VRS)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/14/2017 | | ($1.02) | | | | | N/A | |
| 5/18/2017 | Q1 2017 | ($0.61) | ($0.61) | $615.50 million | $616.00 million | View | N/A | |
| 8/11/2015 | Q215 | | ($0.62) | | | View | Listen | |
| 3/6/2015 | Q414 | | ($0.61) | | | View | N/A | |
| 8/14/2014 | | | ($0.64) | | | View | N/A | |
| 5/7/2014 | Q114 | | ($1.30) | $333.20 million | $299.10 million | View | N/A | |
| 11/7/2013 | Q313 | | ($0.18) | $368.00 million | $374.90 million | View | N/A | |
| 8/8/2013 | Q2 2013 | | ($0.74) | $365.26 million | $330.39 million | View | N/A | |
| 5/9/2013 | Q1 2013 | | $0.67 | | | View | N/A | |
| 11/13/2012 | Q312 | ($0.05) | ($0.23) | $435.00 million | $373.00 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Verso Corporation (NYSE:VRS)2017 EPS Consensus Estimate: $0.18
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | ($0.61) | ($0.61) | ($0.61) |
| Q2 2017 | 1 | $0.21 | $0.21 | $0.21 |
| Q3 2017 | 1 | $0.30 | $0.30 | $0.30 |
| Q4 2017 | 2 | $0.21 | $0.34 | $0.28 |
| Q3 2018 | 1 | $0.34 | $0.34 | $0.34 |
(Data provided by Zacks Investment Research)
Dividend History for Verso Corporation (NYSE:VRS)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Verso Corporation (NYSE:VRS)Insider Ownership Percentage: 4.20%
Institutional Ownership Percentage: 58.65%
Insider Trades by Quarter for Verso Corporation (NYSE:VRS)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 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)
Headline Trends for Verso Corporation (NYSE:VRS)
Latest Headlines for Verso Corporation (NYSE:VRS)
| Source: |
|
| Date | Headline |
|---|
 | Verso Corporation (VRS) Cut to "Strong Sell" at ValuEngine
www.americanbankingnews.com - July 19 at 11:08 PM |
 | Verso to downsize paper mill, cut jobs
finance.yahoo.com - July 19 at 4:12 PM |
| Verso Corp. executive resigns, to get $1.5M in benefits
finance.yahoo.com - July 19 at 9:11 AM |
| Verso Corporation (VRS) Short Interest Update
www.americanbankingnews.com - July 19 at 7:12 AM |
| Verso Corporation (NYSE:VRS) Expected to Post Quarterly Sales of $579.52 Million
www.americanbankingnews.com - July 9 at 9:38 AM |
| Analysts Anticipate Verso Corporation (VRS) to Post -$1.03 EPS
www.americanbankingnews.com - July 7 at 12:26 PM |
| ETFs with exposure to Verso Corp. : July 4, 2017
finance.yahoo.com - July 5 at 11:22 AM |
 | A hedge fund just bought a huge stake in a Dayton company
www.bizjournals.com - June 23 at 12:41 AM |
| Verso Corp. :VRS-US: Earnings Analysis: Q1, 2017 By the Numbers : June 21, 2017
finance.yahoo.com - June 22 at 2:37 PM |
| Analysts Expect Verso Corporation (VRS) Will Announce Quarterly Sales of $579.52 Million
www.americanbankingnews.com - June 15 at 11:32 AM |
| -$1.03 Earnings Per Share Expected for Verso Corporation (VRS) This Quarter
www.americanbankingnews.com - June 13 at 12:34 PM |
| Comparing Fibria Celulose SA (FBR) and Verso (VRS)
www.americanbankingnews.com - June 11 at 4:20 PM |
| Verso Co. (VRS) Given "Buy" Rating at B. Riley
www.americanbankingnews.com - May 24 at 3:20 PM |
| Q4 2017 Earnings Forecast for Verso Co. (VRS) Issued By B. Riley
www.americanbankingnews.com - May 22 at 7:22 AM |
| Edited Transcript of VRS earnings conference call or presentation 18-May-17 1:00pm GMT
finance.yahoo.com - May 19 at 1:40 PM |
| Company moving HQ to Dayton seeks to cut costs
finance.yahoo.com - May 19 at 1:40 PM |
| Verso Co. (VRS) Releases Earnings Results, Hits Estimates
www.americanbankingnews.com - May 19 at 9:22 AM |
| B. Riley Reaffirms Buy Rating for Verso Co. (VRS)
www.americanbankingnews.com - May 19 at 8:26 AM |
| ValuEngine Downgrades Verso Co. (VRS) to Hold
www.americanbankingnews.com - May 18 at 3:28 PM |
| Verso Corporation to Review First Quarter 2017 Financial Results
finance.yahoo.com - May 18 at 10:12 AM |
| Brokers Set Expectations for Verso Co.'s Q1 2017 Earnings (VRS)
www.americanbankingnews.com - May 17 at 7:24 AM |
| Verso Co. (VRS) Expected to Announce Earnings of $0.09 Per Share
www.americanbankingnews.com - May 16 at 8:14 PM |
| Verso Introduces GlazeBag™ NK and GlazeWrap NK Families of Lightweight Natural Kraft Machine Glazed Papers for Foodservice and Flexible Packaging
finance.yahoo.com - May 12 at 4:13 AM |
| Verso Announces First Quarter 2017 Earnings Conference Call and Webcast
finance.yahoo.com - May 6 at 1:24 AM |
| A Bright, Beautiful SBS Paperboard/Caliper Cover That Fits
finance.yahoo.com - May 2 at 6:38 PM |
| Verso (VRS) Receiving Somewhat Negative News Coverage, Report Shows
www.americanbankingnews.com - May 1 at 11:23 AM |
| Favorable Media Coverage Unlikely to Impact Verso (VRS) Share Price
www.americanbankingnews.com - April 28 at 1:36 PM |
| Verso Co. (VRS) Receives "Buy" Rating from B. Riley
www.americanbankingnews.com - April 27 at 10:08 PM |
| Positive Media Coverage Very Likely to Affect Verso (VRS) Share Price
www.americanbankingnews.com - April 20 at 3:09 PM |
| Verso Showcases Brighter, Whiter Sterling® Premium in New Printed Promotion: "Sterling® Premium. ELEVATED."
finance.yahoo.com - April 18 at 7:42 PM |
| Verso Corp. :VRS-US: Earnings Analysis: Q4, 2016 By the Numbers : April 17, 2017
finance.yahoo.com - April 17 at 7:20 PM |
| Zacks: Analysts Set $25.00 Target Price for Verso Co. (VRS)
www.americanbankingnews.com - April 13 at 6:30 PM |
| VERSO CORP Files SEC form 8-K, Other Events
biz.yahoo.com - April 3 at 8:39 PM |
| Q2 2017 EPS Estimates for Verso Co. (VRS) Cut by Analyst
www.americanbankingnews.com - April 3 at 8:38 AM |
| Verso Co. (VRS) Forecasted to Post Q1 2017 Earnings of $0.09 Per Share
www.americanbankingnews.com - March 31 at 10:32 AM |
| Memphis move costs $2M for newest Dayton HQ
www.bizjournals.com - March 28 at 10:50 PM |
| Verso Announces 92-Bright Anthem Plus® Coated Paper
finance.yahoo.com - March 23 at 7:13 AM |
| Verso Co. (VRS) Rating Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - March 22 at 10:34 AM |
| VERSO CORP Files SEC form 10-K, Annual Report
biz.yahoo.com - March 20 at 8:16 AM |
 | Verso's (VRS) CEO Chris DiSantis on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - March 16 at 3:33 PM |
| Q4 2016 Verso Corp Earnings Release - Before Market Open
biz.yahoo.com - March 16 at 6:31 AM |
| Verso Corporation Reports Fourth Quarter and Year End 2016 Results
finance.yahoo.com - March 16 at 6:31 AM |
| VERSO CORP Files SEC form 8-K, Results of Operations and Financial Condition
biz.yahoo.com - March 16 at 6:31 AM |
| Verso Co. (VRS) Scheduled to Post Earnings on Wednesday
www.americanbankingnews.com - March 14 at 8:31 AM |
| Verso Announces Fourth Quarter and Full Year 2016 Earnings Conference Call and Webcast
finance.yahoo.com - March 10 at 9:28 AM |
| Verso Expands Ideal® TrueJet® Uncoated Inkjet Roll Papers
finance.yahoo.com - March 4 at 3:56 AM |
| Verso to Display Brilliantly Brighter Digital Coated Paper Portfolio at Dscoop "Imagine" 2017 Conference
finance.yahoo.com - March 3 at 5:57 AM |
| Verso's Coated Sheetfed and Digital Paper Portfolios Go Whiter and Brilliantly Brighter
finance.yahoo.com - March 2 at 1:23 AM |
| Verso Introduces NK Series of Lightweight Natural Kraft Machine Glazed Papers for Foodservice and Flexible Packaging
finance.yahoo.com - February 14 at 3:49 PM |
| Memphis company gets $1.2M tax incentive for move to Dayton
www.bizjournals.com - January 30 at 4:13 PM |
Verso Corporation (VRS) Chart for Thursday, July, 27, 2017
