NYSE:VRS

Verso Stock Forecast, Price & News

$12.54

-0.09 (-0.71 %)

(As of 01/15/2021 08:00 PM ET)

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Today's Range

$12.32

Now: $12.54▼

$12.62

50-Day Range

$10.81

MA: $12.00▼

$13.16

52-Week Range

$7.36

Now: $12.54▼

$19.34

Volume4,004 shs

Average Volume189,420 shs

Market Capitalization$422.89 million

P/E Ratio2.31

Dividend Yield3.19%

Beta1.89

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. 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.

MarketRank^™

Overall MarketRank^™

2.56 out of 5 stars

Basic Materials Sector

4th out of 55 stocks

Paper Mills Industry

1st out of 4 stocks

3.8 Analyst's Opinion

Consensus Rating
Verso has received a consensus rating of Strong Buy. The company's average rating score is 3.50, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $24.75, Verso has a forecasted upside of 97.4% from its current price of $12.54.
Amount of Analyst Coverage
Verso has only been the subject of 1 research reports in the past 90 days.

2.4 Community Rank

Outperform Votes
Verso has received 218 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Verso has received 235 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Verso has received 51.88% “underperform” votes from our community.

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.

0.8 Dividend Strength

Dividend Yield
Verso pays a meaningful dividend of 3.19%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Verso does not have a long track record of dividend growth.
Dividend Sustainability
Based on EPS estimates, Verso will have a dividend payout ratio of 80.00% in the coming year. This indicates that Verso may not be able to sustain their current dividend.

3.3 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Verso insiders have bought more of their company's stock than they have sold. Specifically, they have bought $242,300.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 0.56% of the stock of Verso is held by insiders.
Percentage Held by Institutions
81.38% of the stock of Verso is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Verso are expected to grow in the coming year, from ($1.68) to $0.50 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Verso is 2.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.54.
Price to Earnings Ratio vs. Sector
The P/E ratio of Verso is 2.31, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 25.08.
Price to Book Value per Share Ratio
Verso has a P/B Ratio of 0.43. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Paper mills

Sub-IndustryN/A

SectorBasic Materials

Current SymbolNYSE:VRS

Previous Symbol

CUSIPN/A

CIK1421182

Webwww.versoco.com

Phone877-855-7243

Employees3,700

Debt

Debt-to-Equity RatioN/A

Current Ratio3.32

Quick Ratio1.53

Price-To-Earnings

Trailing P/E Ratio2.31

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$2.44 billion

Price / Sales0.17

Cash Flow$8.09 per share

Price / Cash Flow1.55

Book Value$29.19 per share

Price / Book0.43

Profitability

EPS (Most Recent Fiscal Year)($0.19)

Net Income$96 million

Net Margins9.89%

Return on Equity0.45%

Return on Assets0.27%

Miscellaneous

Outstanding Shares33,723,000

Market Cap$422.89 million

Next Earnings Date2/25/2021 (Estimated)

OptionableOptionable

$12.54

-0.09 (-0.71 %)

(As of 01/15/2021 08:00 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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Verso (NYSE:VRS) Frequently Asked Questions

How has Verso's stock price been impacted by COVID-19?

Verso's stock was trading at $13.24 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, VRS stock has decreased by 5.3% and is now trading at $12.54.
View which stocks have been most impacted by COVID-19.

Is Verso a buy right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Verso in the last year. There are currently 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "strong buy" Verso stock.
View analyst ratings for Verso or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Verso?

Wall Street analysts have given Verso a "Strong Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Verso wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Verso's next earnings date?

Verso is scheduled to release its next quarterly earnings announcement on Thursday, February 25th 2021.
View our earnings forecast for Verso.

How were Verso's earnings last quarter?

Verso Co. (NYSE:VRS) announced its earnings results on Monday, November, 9th. The basic materials company reported ($0.15) earnings per share for the quarter, missing the consensus estimate of ($0.10) by $0.05. The basic materials company had revenue of $306 million for the quarter, compared to analyst estimates of $300.88 million. Verso had a return on equity of 0.45% and a net margin of 9.89%.
View Verso's earnings history.

How often does Verso pay dividends? What is the dividend yield for Verso?

Verso declared a quarterly dividend on Monday, November 9th. Shareholders of record on Friday, December 18th will be paid a dividend of $0.10 per share on Tuesday, December 29th. This represents a $0.40 annualized dividend and a yield of 3.19%. The ex-dividend date of this dividend is Thursday, December 17th.
View Verso's dividend history.

Is Verso a good dividend stock?

Verso pays an annual dividend of $0.40 per share and currently has a dividend yield of 3.19%.
View Verso's dividend history.

What price target have analysts set for VRS?

2 brokerages have issued twelve-month price objectives for Verso's stock. Their forecasts range from $23.00 to $26.50. On average, they expect Verso's share price to reach $24.75 in the next year. This suggests a possible upside of 97.4% from the stock's current price.
View analysts' price targets for Verso or view Wall Street analyst' top-rated stocks.

Are investors shorting Verso?

Verso saw a drop in short interest in December. As of December 31st, there was short interest totaling 800,500 shares, a drop of 16.0% from the December 15th total of 952,500 shares. Based on an average trading volume of 369,500 shares, the days-to-cover ratio is currently 2.2 days. Currently, 2.8% of the shares of the stock are short sold.
View Verso's Short Interest.

Who are some of Verso's key competitors?

Some companies that are related to Verso include Schweitzer-Mauduit International (SWM), Neenah (NP), Glatfelter (GLT), Resolute Forest Products (RFP), Hadera Paper (HAIPF), BPM (BPMI) and Orchids Paper Products (TISUQ).
View all of VRS's competitors.

What other stocks do shareholders of Verso own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Verso investors own include Micron Technology (MU), Advanced Micro Devices (AMD), (CGC), Ford Motor (F), Intel (INTC), NeoPhotonics (NPTN), Viper Energy Partners (VNOM), NVIDIA (NVDA), Pieris Pharmaceuticals (PIRS) and QUALCOMM (QCOM).

Who are Verso's key executives?

Verso's management team includes the following people:

Mr. Randy J. Nebel, Interim Pres, CEO & Director (Age 63, Pay $16.96k)
Mr. Allen James Campbell, Sr. VP & CFO (Age 62, Pay $856.96k)
Clint Landman, VP and Chief Accounting Officer
Ms. St. John Daugherty, VP of Legal & Corp. Affairs and Sec.
Mr. Terrence M. Dyer, Sr. VP of HR & Communications (Age 53)
Mr. Aaron D. Haas, Sr. VP of Sales & Marketing (Age 48)
Mr. Matthew M. Archambeau, Sr. VP of Manufacturing & Energy (Age 48)
Mr. Timothy D. Nusbaum, Treasurer
Mr. Craig J. Liska, VP of Sustainability (Age 63)

What is Verso's stock symbol?

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

Who are Verso's major shareholders?

Verso's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.46%) and Sowell Financial Services LLC (0.10%). Company insiders that own Verso stock include Allen James Campbell, Jeffrey E Kirt, John Adam St and Randy J Nebel.
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 Sowell Financial Services LLC.
View insider buying and selling activity for Verso or view top insider-selling stocks.

Which institutional investors are buying Verso stock?

VRS stock was bought by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC. Company insiders that have bought Verso stock in the last two years include Allen James Campbell, Jeffrey E Kirt, and Randy J Nebel.
View insider buying and selling activity for Verso or or view top insider-buying stocks.

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 WeBull, 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 $12.54.

How big of a company is Verso?

Verso has a market capitalization of $422.89 million and generates $2.44 billion in revenue each year. The basic materials company earns $96 million in net income (profit) each year or ($0.19) on an earnings per share basis. Verso employs 3,700 workers across the globe.

What is Verso's official website?

The official website for Verso is www.versoco.com.

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]

This page was last updated on 1/18/2021 by MarketBeat.com Staff

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