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 the consensus estimate of $0.57 by $0.26. The basic materials company had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $2.04 billion. Veritiv had a negative net margin of 0.29% and a negative return on equity of 2.27%. Veritiv's quarterly revenue was down 12.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.09 earnings per share. 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.

2 brokerages have issued 12-month target prices for Veritiv's stock. Their forecasts range from $26.00 to $30.00. On average, they expect Veritiv's share price to reach $28.00 in the next twelve months. This suggests a possible upside of 89.7% 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.

News stories about VRTV stock have been trending somewhat positive on Wednesday, InfoTrie reports. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand blog and news 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 coverage optimism score of 2.0 on InfoTrie's scale. They also assigned media stories about the basic materials company a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an effect on the stock's share price in the near future. View News Stories for Veritiv.

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 number of of institutional and retail investors. Top institutional investors include Strs Ohio (0.18%), New York State Teachers Retirement System (0.15%) and California Public Employees Retirement System (0.13%). 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 Strs Ohio. View Insider Buying and Selling for Veritiv.

VRTV stock was purchased by a variety of institutional investors in the last quarter, including California Public Employees Retirement System and New York State Teachers Retirement System. 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 $14.76.

Veritiv has a market capitalization of $237.64 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]