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S&P 500   4,299.70
DOW   33,666.34
QQQ   358.01
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U.S. drive to onshore battery supply chains could create big winners in lithium (Ad)
Stock market today: European shares gain and Asian shares are mixed, with Chinese markets on holiday
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The Justice Department Is Suing eBay, Alleging Unlawful Sales of Over 371,000 Products
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S&P 500   4,299.70
DOW   33,666.34
QQQ   358.01
Can Undervalued Healthcare Stocks Add Yield To Your Portfolio?
U.S. drive to onshore battery supply chains could create big winners in lithium (Ad)
Stock market today: European shares gain and Asian shares are mixed, with Chinese markets on holiday
Nursing Home REITs: The Surprise Heroes of High Yield Investing
U.S. drive to onshore battery supply chains could create big winners in lithium (Ad)
Energy Stocks Shine as High Oil Prices Boost Dividend Yields
Liverpool owner FSG announces minority investment by New York equity firm
U.S. drive to onshore battery supply chains could create big winners in lithium (Ad)
The Justice Department Is Suing eBay, Alleging Unlawful Sales of Over 371,000 Products
3 Reasons Micron is a Buy on Market Weakness
NYSE:VRTV

Veritiv (VRTV) Stock Forecast, Price & News

$168.84
-0.11 (-0.07%)
(As of 09/28/2023 ET)
Compare
Today's Range
$168.71
▼
$169.18
50-Day Range
$134.90
▼
$169.04
52-Week Range
$96.37
▼
$169.85
Volume
154,375 shs
Average Volume
126,007 shs
Market Capitalization
$2.29 billion
P/E Ratio
7.60
Dividend Yield
1.49%
Price Target
$158.00
ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

Veritiv MarketRank™ Forecast

Analyst Rating
0.00 Rating Score
Upside/​Downside
6.4% Downside
$158.00 Price Target
Short Interest
Healthy
3.13% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.52
Upright™ Environmental Score
News Sentiment
1.09mentions of Veritiv in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-13.09%
From $20.25 to $17.60 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.86 out of 5 stars

Basic Materials Sector

140th out of 167 stocks

Paper & Paper Products Industry

1st out of 1 stocks

See Top Rated MarketRank™ Stocks Here

VRTV stock logo

About Veritiv (NYSE:VRTV) Stock

Veritiv Corporation operates as a business-to-business provider of value-added packaging products and services, facility solutions, and print based products and services in the United States and internationally. It operates through Packaging, Facility Solutions, and Print segments. The Packaging segment provides packaging product materials within flexible, corrugated and fiber, ancillary packaging, rigid, and equipment categories. The Facility Solutions segment sources and sells cleaning, break-room, and other supplies in various product categories that include towels and tissues, food service, personal protective equipment, cleaning chemicals, and skincare, as well as re-merchandising, budgeting and compliance reporting, and inventory management services. The Print segment sells and distributes commercial printing, writing, copying, paper, and graphics products. This segment also provides print management, paper procurement, and supply chain management solutions. It serves manufacturing, food and beverage, wholesale and retail, healthcare, transportation, property management, higher education, entertainment and hospitality, commercial printing, and publishing sectors. The company was incorporated in 2013 and is headquartered in Atlanta, Georgia.

VRTV Price History

VRTV Stock News Headlines

August 31, 2023 | marketbeat.com
3 Low P/E Stock ETFs for Hungry Value Investors (VRTV)
The price-to-earnings, or P/E ratio, is one of the most commonly used value measures. For these unique value ETFs, having a low P/E ratio is just the start.
September 28, 2023 | businesswire.com
VERITIV CORPORATION INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Veritiv ...
September 29, 2023 | Micro-Cap Stock Trader (Ad)
U.S. drive to onshore battery supply chains could create big winners in lithium
Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons
September 26, 2023 | americanbankingnews.com
Veritiv (NYSE:VRTV) Now Covered by StockNews.com
September 20, 2023 | markets.businessinsider.com
Veritiv Recognized for its Culture and Business Performance
September 20, 2023 | msn.com
Veritiv's stock value surges amid high return on equity
September 14, 2023 | benzinga.com
SHAREHOLDER ALERT: Planned Mergers of Veritiv and Sculptor Capital Under Investigation Headed by Johnson Fistel
August 25, 2023 | benzinga.com
SHAREHOLDER ALERT: Planned Mergers of CIRCOR and Veritiv Under Investigation Headed by Johnson Fistel
September 29, 2023 | Micro-Cap Stock Trader (Ad)
U.S. drive to onshore battery supply chains could create big winners in lithium
Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons
August 16, 2023 | finance.yahoo.com
Top 5 Stocks to Make the Most of DuPont Analysis
August 11, 2023 | gurufocus.com
Seth Klarman Trims Stake in Veritiv Corp
August 9, 2023 | markets.businessinsider.com
Veritiv Surges On Agreeing To Be Acquired By CD&R
August 8, 2023 | seekingalpha.com
Veritiv: Operating Margin, A Double-Edged Sword
August 8, 2023 | reuters.com
CD&R to take packaging firm Veritiv private in $2.3 billion deal
August 8, 2023 | msn.com
Why Veritiv Shares Are Jumping Today
August 8, 2023 | seekingalpha.com
Veritiv’s stock jumps on $2.3B buyout offer by CD&R
August 8, 2023 | markets.businessinsider.com
Veritiv Corp. Announces Retreat In Q2 Bottom Line, but beats estimates
August 8, 2023 | finance.yahoo.com
Veritiv Announces Second Quarter 2023 Financial Results
August 7, 2023 | msn.com
Veritiv to be acquired by Clayton, Dubilier & Rice at a 20% premium, valuing the company at $2.3 billion
August 7, 2023 | investing.com
Packaging firm Veritiv Corp to be bought by CD&R for $2.3 billion
August 7, 2023 | markets.businessinsider.com
Veritiv To Be Acquired By CD&R; Shareholders To Receive $170/Shr
August 7, 2023 | technews.tmcnet.com
VRTV Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Veritiv Corporation Is Fair to Shareholders
August 7, 2023 | finance.yahoo.com
Veritiv Corporation to be Acquired by CD&R
August 7, 2023 | prnewswire.com
Veritiv Corporation to be Acquired by CD&R
July 21, 2023 | finance.yahoo.com
Veritiv to Release Second Quarter 2023 Financial Results on August 8
July 17, 2023 | finance.yahoo.com
Veritiv Expands Commitment to Community with Two National Nonprofit Organizations
July 14, 2023 | finance.yahoo.com
Veritiv (VRTV) Shows Fast-paced Momentum But Is Still a Bargain Stock
See More Headlines
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VRTV Company Calendar

Last Earnings
8/08/2023
Ex-Dividend for 9/13 Dividend
8/16/2023
Dividend Payable
9/13/2023
Today
9/29/2023
Next Earnings (Estimated)
11/14/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Paper & paper products
Sub-Industry
N/A
Sector
Basic Materials
Current Symbol
NYSE:VRTV
CUSIP
N/A
CIK
1599489
Web
www.veritivcorp.com
Phone
(770) 391-8200
Fax
N/A
Employees
5,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$158.00
High Stock Price Forecast
$158.00
Low Stock Price Forecast
$158.00
Forecasted Upside/Downside
-6.4%
Consensus Rating
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$22.21
Trailing P/E Ratio
7.60
Forward P/E Ratio
8.34
P/E Growth
0.54
Net Income
$337.90 million
Net Margins
4.78%
Pretax Margin
6.41%
Return on Equity
37.30%
Return on Assets
13.99%

Debt

Debt-to-Equity Ratio
0.19
Current Ratio
2.20
Quick Ratio
1.42

Sales & Book Value

Annual Sales
$7.15 billion
Price / Sales
0.32
Cash Flow
$27.50 per share
Price / Cash Flow
6.14
Book Value
$56.08 per share
Price / Book
3.01

Miscellaneous

Outstanding Shares
13,550,000
Free Float
12,982,000
Market Cap
$2.29 billion
Optionable
Optionable
Beta
2.17
12 Stocks Corporate Insiders are Abandoning Cover
12 Stocks Corporate Insiders are Abandoning

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

Get This Free Report

Key Executives

  • Mr. Salvatore A. Abbate (Age 54)
    CEO & Director
    Comp: $2.8M
  • Ms. Karen K. Renner (Age 61)
    Sr. VP & Chief Information Officer
    Comp: $921.46k
  • Ms. Susan B. Salyer (Age 52)
    Sr. VP, Gen. Counsel & Corp. Sec.
    Comp: $1.04M
  • Mr. Eric J. Guerin (Age 51)
    Sr. VP & CFO
  • Mr. Michael D. Walkenhorst (Age 44)
    Sr. VP of Packaging & Global Operations
  • Scott Palfreeman CPA
    VP of Fin. & Investor Relations
  • Mr. Peter C. Troup
    VP of Corp. Devel.
  • Mr. Daniel B. Calderwood (Age 42)
    Sr. VP of Facility Solutions, Digital & Marketing
  • Ms. Stephanie E. Mayerle (Age 45)
    Sr. VP of Sales
  • Mr. Dean A. Adelman (Age 58)
    Sr. VP & Chief HR Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













VRTV Stock - Frequently Asked Questions

What is Veritiv's stock price forecast for 2023?

0 brokerages have issued 1 year price targets for Veritiv's stock. Their VRTV share price forecasts range from $158.00 to $158.00. On average, they expect the company's stock price to reach $158.00 in the next twelve months. This suggests that the stock has a possible downside of 6.4%.
View analysts price targets for VRTV or view top-rated stocks among Wall Street analysts.

How have VRTV shares performed in 2023?

Veritiv's stock was trading at $121.71 on January 1st, 2023. Since then, VRTV stock has increased by 38.7% and is now trading at $168.84.
View the best growth stocks for 2023 here.

Are investors shorting Veritiv?

Veritiv saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 460,300 shares, a drop of 37.7% from the August 15th total of 738,700 shares. Based on an average trading volume of 146,400 shares, the short-interest ratio is currently 3.1 days. Currently, 3.6% of the company's stock are sold short.
View Veritiv's Short Interest.

When is Veritiv's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our VRTV earnings forecast.

How were Veritiv's earnings last quarter?

Veritiv Co. (NYSE:VRTV) posted its earnings results on Tuesday, August, 8th. The basic materials company reported $5.15 EPS for the quarter, beating the consensus estimate of $5.02 by $0.13. The basic materials company had revenue of $1.46 billion for the quarter. Veritiv had a trailing twelve-month return on equity of 37.30% and a net margin of 4.78%. During the same quarter last year, the company posted $6.12 earnings per share.

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

Veritiv announced a quarterly dividend on Monday, August 7th. Stockholders of record on Thursday, August 17th will be given a dividend of $0.63 per share on Wednesday, September 13th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.49%. The ex-dividend date of this dividend is Wednesday, August 16th.
Read our dividend analysis for VRTV.

What ETFs hold Veritiv's stock?

ETFs with the largest weight of Veritiv (NYSE:VRTV) stock in their portfolio include AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), Cambria Shareholder Yield ETF (SYLD), Pacer US Small Cap Cash Cows 100 ETF (CALF), Invesco S&P SmallCap Value with Momentum ETF (XSVM), ETC 6 Meridian Small Cap Equity ETF (SIXS), Roundhill Acquirers Deep Value ETF (DEEP), Invesco S&P SmallCap Industrials ETF (PSCI) and Invesco S&P SmallCap Quality ETF (XSHQ).

Is Veritiv a good dividend stock?

Veritiv (NYSE:VRTV) pays an annual dividend of $2.52 per share and currently has a dividend yield of 1.49%. The dividend payout ratio is 11.35%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VRTV will have a dividend payout ratio of 14.32% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VRTV.

What is Salvatore A. Abbate's approval rating as Veritiv's CEO?

7 employees have rated Veritiv Chief Executive Officer Salvatore A. Abbate on Glassdoor.com. Salvatore A. Abbate has an approval rating of 100% among the company's employees. This puts Salvatore A. Abbate in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Veritiv own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Veritiv investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), AutoZone (AZO), Designer Brands (DBI), NanoString Technologies (NSTG), Precision Drilling (PD) and Accenture (ACN).

What is Veritiv's stock symbol?

Veritiv trades on the New York Stock Exchange (NYSE) under the ticker symbol "VRTV."

How do I buy shares of Veritiv?

Shares of VRTV stock 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.
Compare Top Brokerages Here.

What is Veritiv's stock price today?

One share of VRTV stock can currently be purchased for approximately $168.84.

How much money does Veritiv make?

Veritiv (NYSE:VRTV) has a market capitalization of $2.29 billion and generates $7.15 billion in revenue each year. The basic materials company earns $337.90 million in net income (profit) each year or $22.21 on an earnings per share basis.

How many employees does Veritiv have?

The company employs 5,000 workers across the globe.

How can I contact Veritiv?

Veritiv's mailing address is 1000 Abernathy Road Ne Building 400 Suite 1700, ATLANTA GA, 30328. The official website for the company is www.veritivcorp.com. The basic materials company can be reached via phone at (770) 391-8200 or via email at investor@veritivcorp.com.

This page (NYSE:VRTV) was last updated on 9/29/2023 by MarketBeat.com Staff

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