Verso Corporation (VRS)

Mar 31, 2021 - VRS was delisted (reason: acquired by BillerudKorsnäs)
26.99
0.00 (0.00%)
Mar 30, 2022 12:00 AM EDT - Market closed
Market Cap786.88M
Revenue (ttm)1.28B
Net Income (ttm)-3.00M
Shares Out29.15M
EPS (ttm)-0.10
PE Ration/a
Forward PE11.53
Dividend$0.30 (1.11%)
Ex-Dividend DateDec 16, 2021
Volume1,394,504
Open26.99
Previous Close26.99
Day's Range26.99 - 27.01
52-Week Range14.51 - 27.29
Beta2.00
AnalystsSell
Price Target35.70 (+32.3%)
Earnings DateMay 5, 2022

About VRS

Verso Corporation produces and sells coated papers in North America. It operates through two segments, Paper and Pulp. The company offers coated and uncoated freesheet, coated groundwood, supercalendered, specialty, and packaging papers; and pulp to manufacture printing, writing and specialty paper grades, and tissue and other products. Its paper products are used primarily in media, marketing, commercial printing, catalogs, magazines, high-end advertising brochures, and direct-mail advertising applications, as well as specialty applications, s...

IndustryPaper & Forest Products
IPO DateMay 15, 2008
CEOAdam John
Employees1,600
Stock ExchangeNYSE
Ticker SymbolVRS
Full Company Profile

Financial Performance

In 2021, Verso's revenue was $1.28 billion, a decrease of -5.96% compared to the previous year's $1.36 billion. Losses were -$3.00 million, -97.03% less than in 2020.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for VRS stock is "Sell." The 12-month stock price forecast is 35.7, which is an increase of 32.27% from the latest price.

Price Target
$35.7
(32.27% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Verso (VRS) Set to Close Merger With BillerudKorsnas AB

Verso's (VRS) merger deal with BillerudKorsnas receives the necessary approvals and is set to close. It will create one of the largest providers of virgin fiber paper and packaging.

1 month ago - Zacks Investment Research

Verso Receives All Regulatory Approvals Necessary to Proceed with Closing of Merger with BillerudKorsnäs AB

MIAMISBURG, Ohio , March 29, 2022 /PRNewswire/ -- Verso Corporation (NYSE: VRS) ("Verso") today announced it has received necessary approvals from the Nuclear Regulatory Commission and the Public Servic...

1 month ago - PRNewsWire

Verso (VRS) Gets Shareholders' Nod for Merger Agreement

Verso's (VRS) merger deal with BillerudKorsnas will position the newly -formed company as one of the largest providers of virgin fiber paper and packaging.

2 months ago - Zacks Investment Research

Verso Announces Stockholder Approval of Merger Agreement with BillerudKorsnäs

MIAMISBURG, Ohio, March 11, 2022 /PRNewswire/ -- Verso Corporation (NYSE: VRS) ("Verso") announced that, at a special meeting of stockholders held today, its stockholders voted to approve the previously...

2 months ago - PRNewsWire

Verso (VRS) Q4 Revenues and Earnings Beat Estimates, Up Y/Y

Verso (VRS) delivers a substantial improvement in its fourth-quarter 2021 bottom line aided by favorable price/mix and cost reduction initiatives across the mill system.

2 months ago - Zacks Investment Research

Verso (VRS) Q4 Earnings and Revenues Surpass Estimates

Verso (VRS) delivered earnings and revenue surprises of 8.96% and 9.92%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Verso Corporation Reports Fourth Quarter and Full Year 2021 Financial Results

MIAMISBURG, Ohio, Feb. 28, 2022 /PRNewswire/ -- Verso Corporation (NYSE: VRS) today reported financial results for the fourth quarter and full year of 2021. Fourth Quarter 2021 Highlights : Net sales of...

2 months ago - PRNewsWire

Verso Corporation to Announce Fourth Quarter and Full Year 2021 Financial Results on February 28, 2022

MIAMISBURG, Ohio, Feb. 21, 2022 /PRNewswire/ -- Verso Corporation (NYSE: VRS) today announced that it will release its fourth quarter and full year 2021 financial results before the market opens on Febr...

2 months ago - PRNewsWire

Verso (VRS) Earnings Expected to Grow: What to Know Ahead of Q4 Release

Verso (VRS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

Verso (VRS) Stock Sinks As Market Gains: What You Should Know

Verso (VRS) closed the most recent trading day at $26.66, moving -0.19% from the previous trading session.

3 months ago - Zacks Investment Research

Verso Corporation Files Definitive Proxy Statement in Connection with BillerudKorsnäs Merger Agreement

MIAMISBURG, Ohio, Feb. 8, 2022 /PRNewswire/ -- Verso Corporation (NYSE: VRS) ("Verso") today announced the filing of a definitive proxy statement for a special meeting of stockholders, at which Verso st...

3 months ago - PRNewsWire

Verso Corporation Files Preliminary Proxy Statement in Connection with BillerudKorsnäs Merger Agreement

MIAMISBURG, Ohio, Jan. 21, 2022 /PRNewswire/ -- Verso Corporation (NYSE: VRS) ("Verso") today announced the filing of a preliminary proxy statement for a special meeting of stockholders, at which Verso ...

3 months ago - PRNewsWire

Verso (VRS) Flat As Market Sinks: What You Should Know

In the latest trading session, Verso (VRS) closed at $26.68, marking no change from the previous day.

3 months ago - Zacks Investment Research

VERSO INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Pri...

NEW ORLEANS, Jan. 7, 2022 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

4 months ago - PRNewsWire

Fast-paced Momentum Stock Verso (VRS) Is Still Trading at a Bargain

Verso (VRS) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it...

4 months ago - Zacks Investment Research

Verso (VRS) Gains As Market Dips: What You Should Know

In the latest trading session, Verso (VRS) closed at $26.94, marking a +0.07% move from the previous day.

4 months ago - Zacks Investment Research

Best Momentum Stocks to Buy for December 31st

RAMP, PLAB, MRVL, and VRS made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on December 31, 2021.

Other symbols:MRVLPLABRAMP
4 months ago - Zacks Investment Research

Are You Looking for a Top Momentum Pick? Why Verso (VRS) is a Great Choice

Does Verso (VRS) have what it takes to be a top stock pick for momentum investors? Let's find out.

4 months ago - Zacks Investment Research

Best Momentum Stocks to Buy for December 22nd

APTS, NVMI, STKL, and VRS made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on December 22, 2021.

Other symbols:APTSNVMISTKL
4 months ago - Zacks Investment Research

Here Is Why Bargain Hunters Would Love Fast-paced Mover Verso (VRS)

Verso (VRS) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it...

4 months ago - Zacks Investment Research

Why Verso Popped 26.1% Today

An acquisition is pushing this paper stock higher.

4 months ago - The Motley Fool

SHAREHOLDER ALERT: WeissLaw LLP Investigates Verso Corporation

NEW YORK, Dec. 20, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Verso Corporation ("Verso" or the "Comp...

4 months ago - PRNewsWire

Shareholder Alert: Ademi LLP investigates whether Verso Corporation has obtained a Fair Price in its transaction with...

MILWAUKEE, Dec. 20, 2021 /PRNewswire/ -- Ademi LLP is investigating Verso (NYSE: VRS) for possible breaches of fiduciary duty and other violations of law in its transaction with BillerudKorsnäs.  Click ...

4 months ago - PRNewsWire

Verso (VRS) Stock Alert: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Verso Corporation Is Fair ...

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Verso Corporation (NYSE: VRS) to BillerudKorsnäs AB for $27.00 per share in cash is f...

4 months ago - Business Wire

Verso Corporation to be Acquired by BillerudKorsnäs AB for $27 Per Share in Cash, or Approximately $825 Million

MIAMISBURG, Ohio, Dec. 19, 2021 /PRNewswire/ -- Verso Corporation (NYSE: VRS) ("Verso") today announced that it has entered into a definitive merger agreement under which BillerudKorsnäs AB ("BillerudKo...

4 months ago - PRNewsWire