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Verso Stock Price, News & Analysis

VRS NYSE

Company Description

Verso Corporation (NYSE: VRS) is a prominent North American producer specializing in graphic and specialty papers, packaging, and pulp. The company's comprehensive graphic papers portfolio includes sheetfed, web, digital, and inkjet papers, widely utilized in commercial printing, media, and marketing applications. These applications encompass magazines, catalogs, books, direct mail, corporate collateral, and retail inserts

Verso’s specialty product lines feature release liner papers and high-performance label face stock, which are essential for pressure-sensitive, glue-applied, and litho laminate applications. In the packaging realm, Verso delivers recycled linerboard and medium used in corrugated box manufacturing, alongside bleached virgin and recycled kraft paper for various bags, sacks, and converting applications. Their SBS paperboard is crucial for single-face corrugated laminated box applications. Additionally, Verso produces market pulp, which serves as a base for printing, writing, specialty papers, facial and toilet tissues, and paper towels.

Latest Developments: Verso has recently been in the spotlight due to its acquisition activities. In August 2023, Atlas Holdings, an affiliate of Verso, finalized the acquisition of the Thunder Bay operations in Ontario from Resolute FP Canada Inc. This acquisition includes renowned northern bleached softwood kraft and hardwood kraft pulp, paper, newsprint, and directory paper production. The acquisition underlines Verso's commitment to expanding its footprint in the North American pulp and paper industry.

Atlas Holdings, headquartered in Greenwich, Connecticut, brings a wealth of experience to this partnership. Founded in 2002, Atlas operates 27 companies globally across various sectors, including automotive, building materials, and paper, generating approximately $16 billion in annual revenues. These strategic acquisitions and partnerships position Verso favorably for future growth and stability.

Stock Performance

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Performance 1 year
$786.9M
Market Cap
29.2M
Shares outstanding

SEC Filings

No SEC filings available for Verso.

Financial Highlights

Revenue (TTM)
Net Income (TTM)
Diluted EPS (TTM)
Operating Cash Flow
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Frequently Asked Questions

What is the market cap of Verso (VRS)?

The market cap of Verso (VRS) is approximately 786.9M.

What does Verso Corporation produce?

Verso Corporation produces graphic and specialty papers, packaging materials, and market pulp. These products are used in printing, media, packaging, and various specialty applications.

What recent acquisition has Verso Corporation been involved in?

Verso Corporation, through its affiliate Atlas Holdings, recently acquired the Thunder Bay operations from Resolute FP Canada Inc., expanding its presence in the pulp and paper industry.

Who is managing the Thunder Bay operations post-acquisition?

Kent Ramsay, the General Manager of the Thunder Bay Mill since 2019, has been named President of Thunder Bay Pulp and Paper post-acquisition.

What sectors does Atlas Holdings operate in?

Atlas Holdings operates in sectors such as automotive, building materials, capital equipment, construction services, food manufacturing and distribution, metals processing, packaging, paper, power generation, printing, pulp, supply chain management, and wood products.

How many companies does Atlas Holdings own and operate?

Atlas Holdings owns and operates 27 companies, employing more than 50,000 associates across 300 facilities worldwide.

What products are included in Verso’s graphic papers portfolio?

Verso’s graphic papers portfolio includes sheetfed, web, digital, and inkjet papers, used primarily in commercial printing, media, and marketing applications.

What are Verso's specialty product lines used for?

Verso's specialty product lines, including release liner papers and high-performance label face stock, are used for pressure-sensitive, glue-applied, and litho laminate applications.

What packaging products does Verso Corporation offer?

Verso offers recycled linerboard, medium, bleached virgin and recycled kraft paper, and SBS paperboard for corrugated box manufacturing and other packaging applications.

What type of pulp does Verso produce?

Verso produces market pulp used for making printing and writing papers, specialty papers, facial and toilet tissues, and paper towels.

Where is Atlas Holdings headquartered?

Atlas Holdings is headquartered in Greenwich, Connecticut, USA.