NYSE:VRSVerso Stock Price, Forecast & News

Verso's stock was trading at $13.24 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, VRS shares have decreased by 14.0% and is now trading at $11.38. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Verso in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Verso.

Verso is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Verso.

Verso Corp (NYSE:VRS) announced its quarterly earnings results on Monday, May, 11th. The basic materials company reported $1.52 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.38 by $1.14. The basic materials company had revenue of $471 million for the quarter, compared to the consensus estimate of $493.11 million. Verso had a net margin of 5.01% and a return on equity of 4.50%. View Verso's earnings history.

Verso announced a quarterly dividend on Tuesday, May 12th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.10 per share on Monday, June 29th. This represents a $0.40 annualized dividend and a dividend yield of 3.51%. The ex-dividend date is Friday, June 12th. View Verso's dividend history.

2 analysts have issued twelve-month target prices for Verso's stock. Their forecasts range from $23.00 to $29.50. On average, they expect Verso's share price to reach $26.25 in the next twelve months. This suggests a possible upside of 130.7% from the stock's current price. View analysts' price targets for Verso.

Media headlines about VRS stock have trended negative recently, InfoTrie Sentiment reports. The research group rates the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Verso earned a media sentiment score of -2.3 on InfoTrie's scale. They also gave news coverage about the basic materials company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news about Verso.

Verso saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 1,310,000 shares, an increase of 9.2% from the June 15th total of 1,200,000 shares. Based on an average daily volume of 307,500 shares, the short-interest ratio is currently 4.3 days. Currently, 4.3% of the shares of the company are short sold. View Verso's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Verso investors own include Ford Motor (F), Micron Technology (MU), Advanced Micro Devices (AMD), Canopy Growth (CGC), Intel (INTC), Alibaba Group (BABA), NeoPhotonics (NPTN), Ring Energy (REI), Ring Energy (REI) and Pieris Pharmaceuticals (PIRS).

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

Verso's stock is owned by a number of retail and institutional investors. Top institutional investors include Diversified Trust Co (0.03%). Company insiders that own Verso stock include Allen James Campbell, Jeffrey E Kirt and John Adam St. View institutional ownership trends for Verso.

VRS stock was acquired by a variety of institutional investors in the last quarter, including Diversified Trust Co. Company insiders that have bought Verso stock in the last two years include Allen James Campbell, and Jeffrey E Kirt. View insider buying and selling activity 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 $11.38.

Verso has a market capitalization of $398.86 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.

The official website for Verso is 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]