NYSE:VRTV - Veritiv Stock Price, Forecast & News

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

Veritiv Corp (NYSE:VRTV) released its quarterly earnings results on Tuesday, November, 5th. The basic materials company reported $0.31 earnings per share for the quarter, missing analysts' consensus estimates of $0.57 by $0.26. The basic materials company earned $1.92 billion during the quarter, compared to analyst estimates of $2.04 billion. Veritiv had a negative return on equity of 2.27% and a negative net margin of 0.29%. The business's revenue was down 12.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.09 EPS. View Veritiv's Earnings History.

Veritiv is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Veritiv.

Veritiv will be holding an earnings conference call on Thursday, February 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

2 equities research analysts have issued 12-month price targets for Veritiv's shares. Their forecasts range from $26.00 to $30.00. On average, they expect Veritiv's share price to reach $28.00 in the next year. This suggests a possible upside of 109.1% from the stock's current price. View Analyst Price Targets for Veritiv.

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

Media stories about VRTV stock have trended somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by monitoring 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 nearest to five being the most favorable. Veritiv earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned headlines about the basic materials company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Veritiv.

Veritiv saw a decline in short interest during the month of January. As of January 31st, there was short interest totalling 1,230,000 shares, a decline of 6.8% from the January 15th total of 1,320,000 shares. Based on an average daily trading volume, of 113,400 shares, the days-to-cover ratio is currently 10.8 days. Currently, 9.8% of the shares of the stock are short sold. View Veritiv's Current Options Chain.

Some companies that are related to Veritiv include Canfor Pulp Products (CFX), Resolute Forest Products (RFP), Spicers (SRS), James Cropper (CRPR), Supremex (SXP), Sugarmade (SGMD), Canfor Pulp Products (CFPUF), Cascades (CADNF) and Mercer International (AEZ).

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

Veritiv's stock is owned by a variety of of retail and institutional investors. Top institutional investors include State Street Corp (2.63%), Charles Schwab Investment Management Inc. (2.53%), Renaissance Technologies LLC (1.31%), Geode Capital Management LLC (1.06%), Jacobs Levy Equity Management Inc. (1.05%) and Bank of New York Mellon Corp (0.87%). Company insiders that own Veritiv stock include Bain Capital Investors Llc, David E Flitman, John G Biscanti and Mary A Laschinger. View Institutional Ownership Trends for Veritiv.

VRTV stock was sold by a variety of institutional investors in the last quarter, including Donald Smith & CO. Inc., Alambic Investment Management L.P., State Street Corp, Bank of America Corp DE, Strs Ohio, Bank of New York Mellon Corp, Public Sector Pension Investment Board and Guggenheim Capital LLC. View Insider Buying and Selling for Veritiv.

VRTV stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Charles Schwab Investment Management Inc., Jacobs Levy Equity Management Inc., AQR Capital Management LLC, Marshall Wace LLP, Goldman Sachs Group Inc., Acadian Asset Management LLC and Los Angeles Capital Management & Equity Research Inc.. Company insiders that have bought Veritiv stock in the last two years include David E Flitman and Mary A Laschinger. View Insider Buying and Selling for Veritiv.

Shares of VRTV 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 VRTV stock can currently be purchased for approximately $13.39.

Veritiv has a market capitalization of $215.58 million and generates $8.70 billion in revenue each year. The basic materials company earns $-15,700,000.00 in net income (profit) each year or $2.37 on an earnings per share basis. Veritiv employs 8,700 workers across the globe.View Additional Information About Veritiv.

The official website for Veritiv is http://www.veritivcorp.com/.

Veritiv's mailing address is 1000 Abernathy Road Ne Building 400 Suite 1700, ATLANTA GA, 30328. The basic materials company can be reached via phone at 770-391-8200 or via email at [email protected]