Veritiv - VRTV Stock Forecast, Price & News

Veritiv's stock was trading at $122.57 at the beginning of 2022. Since then, VRTV shares have increased by 12.7% and is now trading at $138.18.
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Veritiv saw a increase in short interest in the month of July. As of July 31st, there was short interest totaling 803,700 shares, an increase of 31.6% from the July 15th total of 610,900 shares. Based on an average daily trading volume, of 132,300 shares, the days-to-cover ratio is currently 6.1 days. Currently, 5.9% of the shares of the company are short sold.
View Veritiv's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our VRTV earnings forecast.

Veritiv Co. (NYSE:VRTV) released its quarterly earnings data on Wednesday, November, 3rd. The basic materials company reported $2.54 earnings per share 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 trailing twelve-month return on equity of 41.53% and a net margin of 3.64%. During the same quarter last year, the business posted $1.30 earnings per share.

Veritiv issued an update on its FY 2022 earnings guidance on Tuesday, August, 16th. The company provided earnings per share (EPS) guidance of $19.50-$21.50 for the period, compared to the consensus EPS estimate of $18.40. The company issued revenue guidance of -.

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.

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).

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

Veritiv's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include State Street Corp (3.71%), Prudential Financial Inc. (1.66%), Deutsche Bank AG (1.44%), JPMorgan Chase & Co. (1.25%), Northern Trust Corp (1.00%) and Renaissance Technologies LLC (0.86%). Insiders that own company stock include Bain Capital Investors Llc, Daniel J Watkoske, Mary A Laschinger and Stephen E Macadam.
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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.
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One share of VRTV stock can currently be purchased for approximately $138.18.

Veritiv (NYSE:VRTV) has a market capitalization of $1.93 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 $17.45 on an earnings per share basis.

The company employs 6,100 workers across the globe.

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.