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S&P 500   4,164.00
DOW   34,156.69
QQQ   309.88
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The #1 Energy Stock to Buy (Ad)
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S&P 500   4,164.00
DOW   34,156.69
QQQ   309.88
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The #1 Energy Stock to Buy (Ad)
3 Hot Stocks The Analysts Are Buying 
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S&P 500   4,164.00
DOW   34,156.69
QQQ   309.88
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The #1 Energy Stock to Buy (Ad)
3 Hot Stocks The Analysts Are Buying 
Is Biotech Immunocore About To Make A 25% Price Move?
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Want to Invest in ChatGPT? Then Buy Microsoft Stock
The #1 Energy Stock to Buy (Ad)
Stocks end higher after zig-zagging on Fed chair's comments
Patient Clorox Shareholders Are Cleaning Up
NYSE:VRTV

Veritiv - VRTV Stock Forecast, Price & News

$139.99
+1.77 (+1.28%)
(As of 02/7/2023 12:00 AM ET)
Add
Compare
Today's Range
$135.00
$140.26
50-Day Range
$109.82
$146.72
52-Week Range
$88.74
$161.10
Volume
96,466 shs
Average Volume
119,155 shs
Market Capitalization
$1.89 billion
P/E Ratio
6.43
Dividend Yield
1.72%
Price Target
$126.00

Veritiv MarketRank™ Forecast

Analyst Rating
N/A
0.00 Rating Score
Upside/​Downside
10.0% Downside
$126.00 Price Target
Short Interest
Bearish
10.85% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.52
Upright™ Environmental Score
News Sentiment
0.70mentions of Veritiv in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-28.51%
From $23.50 to $16.80 Per Share

Overall MarketRank

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

1.39 out of 5 stars

Basic Materials Sector

148th out of 157 stocks

Paper & Paper Products Industry

1st out of 1 stocks

VRTV stock logo

About Veritiv (NYSE:VRTV) Stock

Veritiv Corp. operates as a business-to-business distributor of print, publishing, packaging, facility solutions, print and publishing products and services. The firm provides logistics and supply chain management solutions to its customers. It operates through the following segments: Print, Publishing, Packaging and Facility Solutions. The Print segment sells and distributes commercial printing, writing, copying, digital, wide format and specialty paper products, graphics consumables and graphics equipment primarily in the U.S., Canada, and Mexico. The Publishing segment is involved in the sale and distribution of 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. The Packaging segment provides standard as well as custom and comprehensive packaging solutions for customers based in North America and in key global markets. The Facility Solutions segment sources and sells cleaning, break-room and other supplies such as towels, tissues, wipers and dispensers, can liners, commercial cleaning chemicals, soaps and sani

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VRTV Stock News Headlines

4 Stocks With Increasing Cash Flows This Earnings Season
The #1 Energy Stock to Buy
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
Is Veritiv (VRTV) Stock Undervalued Right Now?
The #1 Energy Stock to Buy
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
Top 5 Momentum Stocks to Gain From a Possible Santa Rally
Best Momentum Stock to Buy for December 16th
Veritiv Announces CFO Transition
See More Headlines
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VRTV Company Calendar

Last Earnings
11/03/2021
Ex-Dividend for 12/19 Dividend
11/17/2022
Dividend Payable
12/19/2022
Today
2/07/2023
Next Earnings (Estimated)
3/07/2023
Fiscal Year End
12/31/2023

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
-10.0%
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
$12.87 per share
Book Value
$42.61 per share

Miscellaneous

Free Float
12,957,000
Market Cap
$1.89 billion
Optionable
Optionable
Beta
2.15

Key Executives

  • Salvatore A. Abbate
    Director, Chief Executive & Operating Officer
  • Stephen Joseph Smith
    Chief Financial Officer & Senior Vice President
  • Karen K. Renner
    Chief Information Officer & Senior Vice President
  • Susan B. Salyer
    Secretary, General Counsel & Senior Vice President
  • Dean A. Adelman
    Chief Human Resources Officer & Senior VP













VRTV Stock - Frequently Asked Questions

What is Veritiv's stock price forecast for 2023?

0 brokers have issued twelve-month price objectives for Veritiv's stock. 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 10.0%.
View analysts price targets for VRTV
or view top-rated stocks among Wall Street analysts.

How have VRTV shares performed in 2023?

Veritiv's stock was trading at $121.71 on January 1st, 2023. Since then, VRTV stock has increased by 15.0% and is now trading at $139.99.
View the best growth stocks for 2023 here
.

Are investors shorting Veritiv?

Veritiv saw a increase in short interest in January. As of January 15th, there was short interest totaling 1,390,000 shares, an increase of 19.8% from the December 31st total of 1,160,000 shares. Based on an average daily volume of 104,900 shares, the short-interest ratio is presently 13.3 days. Currently, 10.9% of the company's stock are short sold.
View Veritiv's Short Interest
.

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 earnings per share (EPS) for the quarter, beating 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 45.97% and a net margin of 4.40%. During the same period last year, the business earned $1.30 EPS.

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

Veritiv declared 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 1.80%. 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 1.72%. 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 15.00% 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 Thursday, December, 8th. The company provided earnings per share (EPS) guidance of $22.00-$23.50 for the period, compared to the consensus EPS 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 variety of institutional and retail investors. Top institutional shareholders include Pacer Advisors Inc. (0.74%), New York State Teachers Retirement System (0.18%), Janney Montgomery Scott LLC (0.14%), Los Angeles Capital Management LLC (0.10%), State of Alaska Department of Revenue (0.07%) and Yousif Capital Management LLC (0.06%). 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 $139.99.

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 2/8/2023 by MarketBeat.com Staff