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S&P 500   4,273.53
DOW   33,618.88
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The "Plug and Play" Model Putting Online Giants to Shame (Ad)
3 Warren Buffett Stocks that are Moving into the Buy Zone
3 Stocks That Really, Really Need the Defense Bill to Pass
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Stock market today: World shares mixed after Wall Street retreat deepens
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
AI Race Accelerates with Amazon's Investment In Anthropic
US consumer confidence tumbles in September as American anxiety about the future grows
S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
3 Warren Buffett Stocks that are Moving into the Buy Zone
3 Stocks That Really, Really Need the Defense Bill to Pass
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Stock market today: World shares mixed after Wall Street retreat deepens
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
AI Race Accelerates with Amazon's Investment In Anthropic
US consumer confidence tumbles in September as American anxiety about the future grows
S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
3 Warren Buffett Stocks that are Moving into the Buy Zone
3 Stocks That Really, Really Need the Defense Bill to Pass
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Stock market today: World shares mixed after Wall Street retreat deepens
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
AI Race Accelerates with Amazon's Investment In Anthropic
US consumer confidence tumbles in September as American anxiety about the future grows
NYSE:VRTV

Veritiv (VRTV) Stock Forecast, Price & News

$168.63
+0.13 (+0.08%)
(As of 09/26/2023 ET)
Compare
Today's Range
$168.43
$168.87
50-Day Range
$134.90
$169.04
52-Week Range
$94.50
$169.85
Volume
193,507 shs
Average Volume
119,816 shs
Market Capitalization
$2.28 billion
P/E Ratio
7.59
Dividend Yield
1.49%
Price Target
$158.00

Veritiv MarketRank™ Forecast

Analyst Rating
0.00 Rating Score
Upside/​Downside
6.3% Downside
$158.00 Price Target
Short Interest
Healthy
3.57% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.52
Upright™ Environmental Score
News Sentiment
0.42mentions 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.

1.76 out of 5 stars

Basic Materials Sector

135th out of 163 stocks

Paper & Paper Products Industry

1st out of 1 stocks


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

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.
Veritiv (NYSE:VRTV) Now Covered by StockNews.com
Is Gold Really Boring?
Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks.
Veritiv Recognized for its Culture and Business Performance
Veritiv (NYSE:VRTV) Earns Buy Rating from Analysts at StockNews.com
Is Gold Really Boring?
Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks.
Top 5 Stocks to Make the Most of DuPont Analysis
Seth Klarman Trims Stake in Veritiv Corp
Veritiv Surges On Agreeing To Be Acquired By CD&R
Veritiv: Operating Margin, A Double-Edged Sword
Why Veritiv Shares Are Jumping Today
Veritiv To Be Acquired By CD&R; Shareholders To Receive $170/Shr
Veritiv Corporation to be Acquired by CD&R
Veritiv Corporation to be Acquired by CD&R
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
9/27/2023
Next Earnings (Estimated)
11/14/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Conglomerates
Sub-Industry
N/A
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
-6.3%
Consensus Rating
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

Net Income
$337.90 million
Pretax Margin
6.41%

Debt

Sales & Book Value

Annual Sales
$7.15 billion
Cash Flow
$27.51 per share
Book Value
$56.08 per share

Miscellaneous

Free Float
12,982,000
Market Cap
$2.28 billion
Optionable
Optionable
Beta
2.17
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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













VRTV Stock - Frequently Asked Questions

What is Veritiv's stock price forecast for 2023?

0 brokerages have issued twelve-month target prices for Veritiv's shares. Their VRTV share price forecasts range from $158.00 to $158.00. On average, they anticipate the company's stock price to reach $158.00 in the next year. This suggests that the stock has a possible downside of 6.3%.
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 38.6% and is now trading at $168.63.
View the best growth stocks for 2023 here
.

Are investors shorting Veritiv?

Veritiv saw a decrease in short interest in August. As of August 31st, there was short interest totaling 460,300 shares, a decrease of 37.7% from the August 15th total of 738,700 shares. Based on an average daily trading volume, of 146,400 shares, the short-interest ratio is currently 3.1 days. Currently, 3.6% of the company's shares are short sold.
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) announced its quarterly earnings data on Tuesday, August, 8th. The basic materials company reported $5.15 earnings per share for the quarter, topping analysts' consensus estimates of $5.02 by $0.13. The basic materials company had revenue of $1.46 billion for the quarter. Veritiv had a net margin of 4.78% and a trailing twelve-month return on equity of 37.30%. During the same period last year, the business earned $6.12 EPS.

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

Veritiv announced a quarterly dividend on Monday, August 7th. Shareholders 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 annualized dividend and a dividend yield of 1.49%. The ex-dividend date is Wednesday, August 16th.
Read our dividend analysis for VRTV
.

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 1.50%. 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."

Who are Veritiv's major shareholders?

Veritiv's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.80%), Dimensional Fund Advisors LP (7.88%), State Street Corp (3.84%), Wasatch Advisors LP (1.96%), Geode Capital Management LLC (1.93%) and Pacer Advisors Inc. (1.89%). Insiders that own company stock include Bain Capital Investors Llc, Salvatore A Abbate and Stephen E Macadam.
View institutional ownership trends
.

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 $168.63.

How much money does Veritiv make?

Veritiv (NYSE:VRTV) has a market capitalization of $2.28 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 9/27/2023 by MarketBeat.com Staff

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