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.
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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 Date11/6/2019 (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) announced its quarterly earnings data on Thursday, August, 8th. The basic materials company reported $0.12 EPS for the quarter, beating the consensus estimate of ($1.86) by $1.98. The basic materials company earned $602 million during the quarter, compared to the consensus estimate of $632.30 million. Verso had a net margin of 3.64% and a return on equity of 18.97%. View Verso's Earnings History.
When is Verso's next earnings date?
What guidance has Verso issued on next quarter's earnings?
Verso updated its third quarter 2019 earnings guidance on Thursday, August, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $620-640 million, compared to the consensus revenue estimate of $676.82 million.
What price target have analysts set for VRS?
2 equities research analysts have issued 1 year price objectives for Verso's shares. Their predictions range from $17.50 to $50.00. On average, they expect Verso's share price to reach $33.75 in the next year. This suggests a possible upside of 191.7% 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?
Media coverage about VRS stock has been trending negative this week, InfoTrie reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Verso earned a daily sentiment score of -2.9 on InfoTrie's scale. They also assigned press coverage about the basic materials company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for Verso.
Are investors shorting Verso?
Verso saw a drop in short interest during the month of August. As of August 31st, there was short interest totalling 2,337,700 shares, a drop of 5.9% from the July 31st total of 2,483,600 shares. Based on an average daily volume of 301,200 shares, the days-to-cover ratio is presently 7.8 days. Approximately 6.9% of the company's shares are sold short. View Verso's Current Options Chain.
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. 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)
- Mr. Leslie T. Lederer, Interim Chief Exec. Officer (Age 70)
Who are Verso's major shareholders?
Verso's stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.08%), BlackRock Inc. (7.17%), Oaktree Capital Management LP (3.86%), JPMorgan Chase & Co. (3.24%), Acadian Asset Management LLC (2.91%) and Wells Fargo & Company MN (2.02%). 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?
VRS stock was sold by a variety of institutional investors in the last quarter, including ClariVest Asset Management LLC, Point72 Asset Management L.P., AQR Capital Management LLC, Chicago Equity Partners LLC, Acadian Asset Management LLC, Panagora Asset Management Inc., Mackenzie Financial Corp and Mackenzie Financial Corp. View Insider Buying and Selling for Verso.
Which institutional investors are buying Verso stock?
VRS stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Oaktree Capital Management LP, Vanguard Group Inc., Wells Fargo & Company MN, Moab Capital Partners LLC, Rock Creek Group LP, Victory Capital Management Inc. and Robeco Institutional Asset Management B.V.. 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, Robinhood, Fidelity and Charles Schwab.
What is Verso's stock price today?
One share of VRS stock can currently be purchased for approximately $11.57.
How big of a company is Verso?
Verso has a market capitalization of $398.93 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.
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.
