QQQ   280.53 (-0.41%)
AAPL   140.94 (-1.38%)
MSFT   244.37 (-0.31%)
META   113.93 (-0.17%)
GOOGL   94.94 (-2.10%)
AMZN   88.46 (+0.24%)
TSLA   174.04 (-3.21%)
NVDA   161.20 (+0.83%)
NIO   12.58 (-4.98%)
BABA   88.33 (-3.41%)
AMD   70.14 (-0.19%)
T   19.30 (+0.68%)
MU   53.82 (+0.26%)
CGC   3.24 (-10.25%)
F   13.10 (-1.36%)
GE   85.00 (-0.33%)
DIS   92.15 (-0.15%)
AMC   6.05 (-10.37%)
PYPL   74.42 (+3.03%)
PFE   50.24 (+1.07%)
NFLX   308.42 (+0.94%)
QQQ   280.53 (-0.41%)
AAPL   140.94 (-1.38%)
MSFT   244.37 (-0.31%)
META   113.93 (-0.17%)
GOOGL   94.94 (-2.10%)
AMZN   88.46 (+0.24%)
TSLA   174.04 (-3.21%)
NVDA   161.20 (+0.83%)
NIO   12.58 (-4.98%)
BABA   88.33 (-3.41%)
AMD   70.14 (-0.19%)
T   19.30 (+0.68%)
MU   53.82 (+0.26%)
CGC   3.24 (-10.25%)
F   13.10 (-1.36%)
GE   85.00 (-0.33%)
DIS   92.15 (-0.15%)
AMC   6.05 (-10.37%)
PYPL   74.42 (+3.03%)
PFE   50.24 (+1.07%)
NFLX   308.42 (+0.94%)
QQQ   280.53 (-0.41%)
AAPL   140.94 (-1.38%)
MSFT   244.37 (-0.31%)
META   113.93 (-0.17%)
GOOGL   94.94 (-2.10%)
AMZN   88.46 (+0.24%)
TSLA   174.04 (-3.21%)
NVDA   161.20 (+0.83%)
NIO   12.58 (-4.98%)
BABA   88.33 (-3.41%)
AMD   70.14 (-0.19%)
T   19.30 (+0.68%)
MU   53.82 (+0.26%)
CGC   3.24 (-10.25%)
F   13.10 (-1.36%)
GE   85.00 (-0.33%)
DIS   92.15 (-0.15%)
AMC   6.05 (-10.37%)
PYPL   74.42 (+3.03%)
PFE   50.24 (+1.07%)
NFLX   308.42 (+0.94%)
QQQ   280.53 (-0.41%)
AAPL   140.94 (-1.38%)
MSFT   244.37 (-0.31%)
META   113.93 (-0.17%)
GOOGL   94.94 (-2.10%)
AMZN   88.46 (+0.24%)
TSLA   174.04 (-3.21%)
NVDA   161.20 (+0.83%)
NIO   12.58 (-4.98%)
BABA   88.33 (-3.41%)
AMD   70.14 (-0.19%)
T   19.30 (+0.68%)
MU   53.82 (+0.26%)
CGC   3.24 (-10.25%)
F   13.10 (-1.36%)
GE   85.00 (-0.33%)
DIS   92.15 (-0.15%)
AMC   6.05 (-10.37%)
PYPL   74.42 (+3.03%)
PFE   50.24 (+1.07%)
NFLX   308.42 (+0.94%)
NYSE:VRTV

Veritiv - VRTV Stock Forecast, Price & News

$140.36
+0.17 (+0.12%)
(As of 12/7/2022 12:00 AM ET)
Add
Compare
Today's Range
$139.17
▼
$142.48
50-Day Range
$97.77
▼
$140.36
52-Week Range
$85.57
▼
$161.10
Volume
81,932 shs
Average Volume
109,737 shs
Market Capitalization
$1.89 billion
P/E Ratio
6.45
Dividend Yield
1.80%
Price Target
$126.00

Veritiv MarketRank™ Forecast

Analyst Rating
N/A
0.00 Rating Score
Upside/​Downside
10.2% 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.

1.46 out of 5 stars

Basic Materials Sector

151st out of 164 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, 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.

Receive VRTV Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Veritiv and its competitors with MarketBeat's FREE daily newsletter.

VRTV Stock News Headlines

November 28, 2022 | finance.yahoo.com
We Ran A Stock Scan For Earnings Growth And Veritiv (NYSE:VRTV) Passed With Ease
November 23, 2022 | seekingalpha.com
Tracking Seth Klarman's Baupost Group Holdings - Q3 2022 Update
November 14, 2022 | finance.yahoo.com
Veritiv (VRTV) Recently Broke Out Above the 200-Day Moving Average
November 10, 2022 | finance.yahoo.com
A Look At The Intrinsic Value Of Veritiv Corporation (NYSE:VRTV)
November 8, 2022 | finance.yahoo.com
Veritiv Announces Record Third Quarter 2022 Net Income, EPS, Adjusted EBITDA, and Adjusted EBITDA Margin; Initiates Quarterly Dividend; Raises 2022 Earnings Guidance
November 7, 2022 | finance.yahoo.com
Veritiv (VRTV) Recently Broke Out Above the 50-Day Moving Average
November 5, 2022 | reuters.com
VRTV.A - Veritiv Corp | Stock Price & Latest News | Reuters
October 21, 2022 | finance.yahoo.com
Those who invested in Veritiv (NYSE:VRTV) three years ago are up 656%
October 21, 2022 | finance.yahoo.com
Veritiv to Release Third Quarter 2022 Financial Results on November 8
October 14, 2022 | nasdaq.com
Are Investors Undervaluing Suzano (SUZ) Right Now? - Nasdaq
October 14, 2022 | nasdaq.com
Commercial Metals (CMC) Q4 Earnings & Sales Top Mark, Rise Y/Y - Nasdaq
October 14, 2022 | nasdaq.com
Best Momentum Stocks to Buy for October 14th - Nasdaq
October 8, 2022 | finance.yahoo.com
Zacks Industry Outlook Highlights International Paper, Suzano, Smurfit Kappa Group, Veritiv and Mercer International - Yahoo Finance
October 6, 2022 | finance.yahoo.com
5 Stocks to Watch in a Promising Paper and Related Products Industry - Yahoo Finance
October 5, 2022 | nasdaq.com
Is Klabin (KLBAY) Stock Undervalued Right Now? - Nasdaq
October 3, 2022 | businesswire.com
Imperial Dade Canada Acquires Boudreault Packaging, First Canadian Acquisition After Veritiv Canada and 55th Acquisition for Imperial Dade - Business Wire
October 2, 2022 | finance.yahoo.com
Veritiv Corporation (NYSE:VRTV) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap? - Yahoo Finance
October 2, 2022 | finance.yahoo.com
Veritiv Corporation (NYSE:VRTV) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
September 27, 2022 | nasdaq.com
Should Value Investors Buy Suzano (SUZ) Stock? - Nasdaq
September 27, 2022 | finance.yahoo.com
Veritiv Corporation (VRTV)
September 24, 2022 | reuters.com
VRTV.N - Veritiv Corp | Stock Price & Latest News | Reuters
September 16, 2022 | investors.com
Veritiv Hits 80-Plus Relative Strength Rating Benchmark | Investor's Business Daily - Investor's Business Daily
September 14, 2022 | nasdaq.com
3 Top Efficient Stocks to Strengthen Your Portfolio Returns - Nasdaq
September 13, 2022 | nasdaq.com
Is Clearwater Paper (CLW) Outperforming Other Basic Materials Stocks This Year? - Nasdaq
September 13, 2022 | investors.com
Stocks Flashing Renewed Technical Strength: Veritiv | Investor's Business Daily - Investor's Business Daily
See More Headlines
Receive VRTV Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Veritiv and its competitors with MarketBeat's FREE daily newsletter.

VRTV Company Calendar

Last Earnings
11/03/2021
Ex-Dividend for 12/19 Dividend
11/17/2022
Today
12/07/2022
Dividend Payable
12/19/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
3/07/2023
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
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
-10.2%
Consensus Rating
N/A
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$21.77
Trailing P/E Ratio
6.45
Forward P/E Ratio
6.08
P/E Growth
0.4
Net Income
$144.60 million
Net Margins
4.40%
Pretax Margin
5.61%
Return on Equity
45.97%
Return on Assets
13.10%

Debt

Debt-to-Equity Ratio
0.57
Current Ratio
1.98
Quick Ratio
1.42

Sales & Book Value

Annual Sales
$6.85 billion
Price / Sales
0.28
Cash Flow
$13.88 per share
Price / Cash Flow
10.11
Book Value
$42.61 per share
Price / Book
3.29

Miscellaneous

Outstanding Shares
13,483,000
Free Float
12,957,000
Market Cap
$1.89 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

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 equities research analysts have issued 12-month target prices for Veritiv's shares. Their VRTV share price forecasts range from $126.00 to $126.00. On average, they predict the company's share price to reach $126.00 in the next year. This suggests that the stock has a possible downside of 10.2%.
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 start of the year. Since then, VRTV stock has increased by 14.5% and is now trading at $140.36.
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) posted its quarterly earnings results on Wednesday, November, 3rd. The basic materials company reported $2.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.68. The basic materials company had revenue of $1.77 billion for the quarter. Veritiv had a trailing twelve-month return on equity of 45.97% and a net margin of 4.40%. During the same period in the previous 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 given 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 1.80%. The ex-dividend date of this dividend 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 1.80%. 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 issued an update on 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 earnings per share 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 retail and institutional 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 $140.36.

How much money does Veritiv make?

Veritiv (NYSE:VRTV) has a market capitalization of $1.89 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 12/7/2022 by MarketBeat.com Staff