|Bid||11.67 x 800|
|Ask||11.68 x 800|
|Day's Range||11.37 - 11.94|
|52 Week Range||9.61 - 34.60|
|Beta (3Y Monthly)||1.88|
|PE Ratio (TTM)||4.20|
|Earnings Date||Aug 14, 2017 - Aug 18, 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||33.00|
Today we'll look at Verso Corporation (NYSE:VRS) and reflect on its potential as an investment. In particular, we'll...
A Dayton-area paper maker is coming off a rough second quarter. Miami Township-based Verso Corp. posted a $112 million loss in the quarter, compared to a $1 million gain in the same period last year, according to a filing with the U.S. Securities and Exchange Commission. Verso also recorded net sales of $602 million, a 6 percent drop from $644 million in the previous year’s period. The health of Verso (NYSE: VRS) is important to the region, as it is one few publicly-traded companies.
Verso Corporation (VRS) delivered earnings and revenue surprises of 106.45% and -4.79%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
MIAMISBURG, Ohio , Aug. 8, 2019 /PRNewswire/ -- Verso Corporation (NYSE: VRS) today reported financial results for the second quarter of 2019. Net sales of $602 million , down $42 million compared to second ...
MIAMISBURG, Ohio , July 31, 2019 /PRNewswire/ -- Verso Corporation (NYSE: VRS) today announced that it will host a conference call and webcast for analysts and investors on Thursday, August 8, 2019 at ...
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June's final Dayton Business Journal list took a look at the region's public company executive compensations. Of the 24 executives on our list, 66 percent received at least $1 million in total compensation in 2018.
The health of Verso is important to the region, as it is one few publicly-traded companies. It also has 200 local workers and 4,400 total. Plus, it is the fifth-largest company in the Miami Valley with annual sales of $2.7 billion last year.
MIAMISBURG, Ohio, June 17, 2019 /PRNewswire/ -- Verso Corporation (VRS) ("Verso" or the "Company") today announced that its Board of Directors (the "Board") has unanimously adopted a limited duration stockholder rights plan (the "Rights Plan"), following the Board's evaluation and consultation with the Company's advisors, and has declared a dividend distribution of one right ("Right") for each outstanding share of common stock. The record date for such dividend distribution is June 27, 2019. Unless and until a triggering event occurs and these Rights become exercisable, the Rights will trade with the shares of the Company's common stock.
MIAMISBURG, Ohio, June 13, 2019 /PRNewswire/ -- Verso Corporation (VRS) ("Verso" or the "Company") today announced that its Board of Directors (the "Board"), had in late March of 2019, reengaged Houlihan Lokey Capital, Inc. as the company's financial advisor to assist Verso in identifying and evaluating a range of potential strategic alternatives, including a possible merger, joint venture, partnership, business combination, stock repurchase, recapitalization, sale, distribution, transfer or other disposition or acquisition of assets or equity interests, while the Company conducts its search to identify and retain a permanent chief executive officer. Gene Davis, Co-Chairman of the Board added, "We are very pleased with the efforts of our interim Chief Executive Officer, Leslie Lederer, former chairman and interim president and CEO of Catalyst Paper, who, within a very short period of time, has provided invaluable direction, experience and expertise to the role.
If you own shares in Verso Corporation (NYSE:VRS) then it's worth thinking about how it contributes to the volatility...
A Dayton-area paper company — which recently lost its top official and closed a mill — is coming off a strong quarter. Miami Township-based Verso Corp. posted first-quarter sales of $639 million, the same as the first quarter of the previous year, according to a filing with the U.S. Securities and Exchange Commission. However, it saw $36 million in quarterly profit, compared to a $2 million loss the previous year. “Verso had strong first quarter performance despite a very challenging market environment,” said Verso Interim Chief Executive Officer Leslie Lederer. An unfortunate result of these demand pressures was the difficult decision to close our paper mill in Luke, Maryland, which will reduce Verso’s total coated freesheet production capacity by 450,000 tons,” he said.
A Business Journal reporter visited the area Friday to meet the people in the mill's nearby towns who will be impacted by the plant's closure.
Verso Corporation (VRS) delivered earnings and revenue surprises of 194.29% and 1.07%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?