NYSE:VRS - Verso Stock Price, News & Analysis

$11.23
+0.28 (+2.56 %)
(As of 08/18/2019 07:38 AM ET)
Today's Range
$10.88
Now: $11.23
$11.33
50-Day Range
$11.00
MA: $16.30
$19.23
52-Week Range
$10.88
Now: $11.23
$34.60
Volume569,500 shs
Average Volume306,198 shs
Market Capitalization$387.21 million
P/E Ratio2.30
Dividend YieldN/A
Beta1.74
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. Read More…

Industry, Sector and Symbol

Industry Paper mills
Sub-IndustryN/A
SectorBasic Materials
CUSIPN/A
Phone877-855-7243

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.68 billion
Cash Flow$7.7448 per share
Book Value$24.21 per share

Profitability

Net Income$171 million

Miscellaneous

Employees4,400
Market Cap$387.21 million
Next Earnings Date11/6/2019 (Estimated)
OptionableOptionable

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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) released its earnings results on Tuesday, August, 7th. The basic materials company reported $0.03 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.02 by $0.01. The basic materials company earned $644 million during the quarter, compared to the consensus estimate of $632.42 million. Verso had a return on equity of 18.97% and a net margin of 3.64%. View Verso's Earnings History.

When is Verso's next earnings date?

Verso is scheduled to release their next quarterly earnings announcement on Wednesday, November 6th 2019. View Earnings Estimates for Verso.

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 twelve-month target prices for Verso's stock. Their forecasts range from $17.50 to $50.00. On average, they expect Verso's stock price to reach $33.75 in the next year. This suggests a possible upside of 200.5% 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 headlines about VRS stock have trended negative recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Verso earned a daily sentiment score of -2.3 on InfoTrie's scale. They also gave news articles about the basic materials company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Verso.

Are investors shorting Verso?

Verso saw a drop in short interest in the month of July. As of July 31st, there was short interest totalling 2,483,600 shares, a drop of 5.1% from the June 30th total of 2,618,400 shares. Based on an average daily trading volume, of 288,800 shares, the short-interest ratio is currently 8.6 days. Currently, 7.2% of the shares of the stock are short sold. View Verso's Current Options Chain.

Who are some of Verso's key 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), Intel (INTC), Advanced Micro Devices (AMD), Canopy Growth (CGC), PCM (PCMI), Ford Motor (F), NVIDIA (NVDA), Pieris Pharmaceuticals (PIRS), Viper Energy Partners (VNOM) and Square (SQ).

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 a variety of of retail and institutional investors. Top institutional shareholders 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 Invesco Ltd.. 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, Scottrade, Fidelity and Charles Schwab.

What is Verso's stock price today?

One share of VRS stock can currently be purchased for approximately $11.23.

How big of a company is Verso?

Verso has a market capitalization of $387.21 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?

The official website for Verso is http://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]


MarketBeat Community Rating for Verso (NYSE VRS)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  178 (Vote Outperform)
Underperform Votes:  196 (Vote Underperform)
Total Votes:  374
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.
This page was last updated on 8/18/2019 by MarketBeat.com Staff

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