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S&P 500   4,071.70
DOW   34,429.88
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Today Only: Get a 4K Camera Drone for Just $80
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Pentagon debuts its new stealth bomber, the B-21 Raider
Prosecutor: Evidence shows Trump 'explicitly' OK'd tax fraud
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Why CSL Ltd Stock Could Be Worth a Look
Group of Seven nations and Australia join EU in setting $60-per-barrel price cap on Russian oil
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Closing prices for crude oil, gold and other commodities
EXPLAINER: What's the effect of Russian oil price cap, ban?
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Today Only: Get a 4K Camera Drone for Just $80
Surprise Yourself, Predict the Trends with A.I. (Ad)pixel
Pentagon debuts its new stealth bomber, the B-21 Raider
Prosecutor: Evidence shows Trump 'explicitly' OK'd tax fraud
Surprise Yourself, Predict the Trends with A.I. (Ad)pixel
Why CSL Ltd Stock Could Be Worth a Look
Group of Seven nations and Australia join EU in setting $60-per-barrel price cap on Russian oil
Surprise Yourself, Predict the Trends with A.I. (Ad)pixel
Closing prices for crude oil, gold and other commodities
EXPLAINER: What's the effect of Russian oil price cap, ban?
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Today Only: Get a 4K Camera Drone for Just $80
Surprise Yourself, Predict the Trends with A.I. (Ad)pixel
Pentagon debuts its new stealth bomber, the B-21 Raider
Prosecutor: Evidence shows Trump 'explicitly' OK'd tax fraud
Surprise Yourself, Predict the Trends with A.I. (Ad)pixel
Why CSL Ltd Stock Could Be Worth a Look
Group of Seven nations and Australia join EU in setting $60-per-barrel price cap on Russian oil
Surprise Yourself, Predict the Trends with A.I. (Ad)pixel
Closing prices for crude oil, gold and other commodities
EXPLAINER: What's the effect of Russian oil price cap, ban?
NYSE:VRTV

Veritiv - VRTV Stock Forecast, Price & News

$137.41
+1.88 (+1.39%)
(As of 12/2/2022 12:00 AM ET)
Add
Compare
Today's Range
$132.70
$138.24
50-Day Range
$96.09
$137.41
52-Week Range
$85.57
$161.10
Volume
90,136 shs
Average Volume
104,783 shs
Market Capitalization
$1.85 billion
P/E Ratio
6.31
Dividend Yield
1.86%
Price Target
$126.00

Veritiv MarketRank™ Forecast

Analyst Rating
N/A
0.00 Rating Score
Upside/​Downside
8.3% Downside
$126.00 Price Target
Short Interest
Bearish
9.10% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.37
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
-30.09%
From $23.10 to $16.15 Per Share

Overall MarketRank

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

1.41 out of 5 stars

Basic Materials Sector

153rd out of 167 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, as well as facility solutions, print, and publishing products and services in the United States and internationally. The company operates through four segments: Packaging, Facility Solutions, Print, and Publishing and Print Management (Publishing). 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, digital, specialty products, and graphics consumables. The Publishing segment sells and distributes coated and uncoated commercial printing papers to publishers, retailers, converters, printers, and specialty businesses for use in magazines, catalogs, books, directories, gaming, couponing, retail inserts, and direct mail. This segment also provides print management, procurement, and supply chain management solutions. The company also provides transportation and warehousing solutions. It serves manufacturing, food and beverage, wholesale and retail, healthcare, transportation, property management, higher education, entertainment and hospitality, commercial printing, and publishing sectors. As of December 31, 2021, the company operated 115 distribution centers. Veritiv Corporation was incorporated in 2013 and is headquartered in Atlanta, Georgia.

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VRTV Stock News Headlines

Veritiv Corporation (VRTV)
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VRTV Company Calendar

Last Earnings
11/03/2021
Ex-Dividend for 12/19 Dividend
11/17/2022
Today
12/03/2022
Dividend Payable
12/19/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
3/07/2023

Industry, Sector and Symbol

Industry
Paper & paper products
Sub-Industry
N/A
Fax
N/A
Employees
6,100
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$126.00
High Stock Price Forecast
$126.00
Low Stock Price Forecast
$126.00
Forecasted Upside/Downside
-8.3%
Consensus Rating
N/A
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

Net Income
$144.60 million
Pretax Margin
5.61%

Debt

Sales & Book Value

Annual Sales
$6.85 billion
Cash Flow
$13.67 per share
Book Value
$50.81 per share

Miscellaneous

Free Float
12,957,000
Market Cap
$1.85 billion
Optionable
Optionable
Beta
2.15

Key Executives

  • Mr. Salvatore A. Abbate (Age 53)
    CEO & Director
    Comp: $2.73M
  • Mr. Stephen J. Smith (Age 58)
    Sr. VP & CFO
    Comp: $1.61M
  • Ms. Karen K. Renner (Age 60)
    Sr. VP & Chief Information Officer
    Comp: $1.11M
  • Mr. Daniel J. Watkoske (Age 53)
    Sr. VP of Print Solutions
    Comp: $1.41M
  • Mr. Michael D. Walkenhorst (Age 43)
    Sr. VP of Developing Bus.es & Global Operations
  • Mr. Andrew E. Magley (Age 51)
    Chief Accounting Officer
  • Scott Palfreeman CPA
    VP of Fin. & Investor Relations
  • Ms. Susan B. Salyer (Age 51)
    Sr. VP, Gen. Counsel & Corp. Sec.
  • Mr. Peter C. Troup
    VP of Corp. Devel.
  • Mr. Daniel B. Calderwood (Age 41)
    Sr. VP of Marketing & Bus. Management













VRTV Stock - Frequently Asked Questions

What is Veritiv's stock price forecast for 2023?

0 brokerages have issued twelve-month price targets for Veritiv's shares. Their VRTV share price forecasts range from $126.00 to $126.00. On average, they expect the company's stock price to reach $126.00 in the next year. This suggests that the stock has a possible downside of 8.3%.
View analysts price targets for VRTV
or view top-rated stocks among Wall Street analysts.

How have VRTV shares performed in 2022?

Veritiv's stock was trading at $122.57 at the beginning of the year. Since then, VRTV shares have increased by 12.1% and is now trading at $137.41.
View the best growth stocks for 2022 here
.

When is Veritiv's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 7th 2023.
View our VRTV earnings forecast
.

How were Veritiv's earnings last quarter?

Veritiv Co. (NYSE:VRTV) released its earnings results on Wednesday, November, 3rd. The basic materials company reported $2.54 EPS for the quarter, topping the consensus estimate of $1.86 by $0.68. The basic materials company earned $1.77 billion during the quarter. Veritiv had a net margin of 4.40% and a trailing twelve-month return on equity of 45.97%. During the same period in the prior year, the business posted $1.30 earnings per share.

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

Veritiv announced a quarterly dividend on Tuesday, November 8th. Stockholders of record on Friday, November 18th will be paid a dividend of $0.63 per share on Monday, December 19th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date is Thursday, November 17th.
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 1.86%. The dividend payout ratio is 11.58%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, VRTV will have a dividend payout ratio of 15.60% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for VRTV.

What guidance has Veritiv issued on next quarter's earnings?

Veritiv updated its FY 2022 earnings guidance on Tuesday, November, 8th. The company provided earnings per share guidance of $22.00-$23.50 for the period, compared to the consensus estimate of $21.51. The company issued revenue guidance of -.

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 institutional and retail investors. Top institutional investors include Baupost Group LLC MA (25.49%), BlackRock Inc. (15.81%), Dimensional Fund Advisors LP (8.27%), Vanguard Group Inc. (7.45%), State Street Corp (3.81%) and Prudential Financial Inc. (1.67%). Insiders that own company stock include Bain Capital Investors Llc, Daniel J Watkoske, Mary A Laschinger 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 $137.41.

How much money does Veritiv make?

Veritiv (NYSE:VRTV) has a market capitalization of $1.85 billion and generates $6.85 billion in revenue each year. The basic materials company earns $144.60 million in net income (profit) each year or $21.77 on an earnings per share basis.

How many employees does Veritiv have?

The company employs 6,100 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 12/3/2022 by MarketBeat.com Staff