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OTCMKTS:VRNOF

Verano (VRNOF) Stock Price, News & Analysis

Verano logo
$3.24
-0.01 (-0.31%)
(As of 10/31/2024 ET)

About Verano Stock (OTCMKTS:VRNOF)

Key Stats

Today's Range
$3.17
$3.36
50-Day Range
$3.11
$3.93
52-Week Range
$3.01
$7.08
Volume
426,749 shs
Average Volume
404,565 shs
Market Capitalization
$1.16 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.00
Consensus Rating
Strong Buy

Company Overview

Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. The company engages in the cultivation, processing, wholesale, and retail distribution of cannabis in Arizona, Arkansas, Connecticut, Florida, Illinois, Maryland, Massachusetts, Michigan, Nevada, New Jersey, Ohio, Pennsylvania, and West Virginia. It offers cannabis products under the Encore, Avexia, MUV, Savvy, BITS, and Verano brands for medical and adult-use markets. The company is headquartered in Chicago, Illinois.

Verano Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
61st Percentile Overall Score

VRNOF MarketRank™: 

Verano scored higher than 61% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Verano has received a consensus rating of Strong Buy. The company's average rating score is 3.50, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Verano has received no research coverage in the past 90 days.

  • Read more about Verano's stock forecast and price target.
  • Earnings Growth

    Earnings for Verano are expected to grow in the coming year, from ($0.16) to ($0.12) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Verano is -9.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Verano is -9.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Verano has a P/B Ratio of 0.90. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.14% of the outstanding shares of Verano have been sold short.
  • Short Interest Ratio / Days to Cover

    Verano has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Verano has recently decreased by 2.74%, indicating that investor sentiment is improving.
  • Dividend Yield

    Verano does not currently pay a dividend.

  • Dividend Growth

    Verano does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    0.14% of the outstanding shares of Verano have been sold short.
  • Short Interest Ratio / Days to Cover

    Verano has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Verano has recently decreased by 2.74%, indicating that investor sentiment is improving.
  • News Sentiment

    Verano has a news sentiment score of 0.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Medical companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Verano this week, compared to 2 articles on an average week.
  • Search Interest

    Only 1 people have searched for VRNOF on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Verano insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    10.40% of the stock of Verano is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 8.98% of the stock of Verano is held by institutions.

  • Read more about Verano's insider trading history.
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VRNOF Stock News Headlines

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VRNOF Verano Holdings Corp.
Verano Holdings Corp (VRNOF)
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VRNOF Stock Analysis - Frequently Asked Questions

Verano's stock was trading at $4.48 at the start of the year. Since then, VRNOF shares have decreased by 27.7% and is now trading at $3.24.
View the best growth stocks for 2024 here
.

Verano Holdings Corp. (OTCMKTS:VRNOF) posted its earnings results on Wednesday, August, 7th. The company reported ($0.05) EPS for the quarter, hitting analysts' consensus estimates of ($0.05). The firm had revenue of $222.39 million for the quarter, compared to the consensus estimate of $224.23 million. Verano had a negative trailing twelve-month return on equity of 4.87% and a negative net margin of 13.21%.

Shares of VRNOF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

Last Earnings
8/07/2024
Today
10/31/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Agricultural production - crops
Sub-Industry
Agriculture
Current Symbol
OTCMKTS:VRNOF
Fax
N/A
Employees
3,900
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.00
High Stock Price Target
$7.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+115.4%
Consensus Rating
Strong Buy
Rating Score (0-4)
3.50
Research Coverage
2 Analysts

Profitability

Net Income
$-117,350,000.00
Pretax Margin
1.03%

Debt

Sales & Book Value

Annual Sales
$938.45 million
Cash Flow
$0.25 per share
Book Value
$3.61 per share

Miscellaneous

Free Float
319,805,000
Market Cap
$1.16 billion
Optionable
Not Optionable
Beta
1.22
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This page (OTCMKTS:VRNOF) was last updated on 10/31/2024 by MarketBeat.com Staff
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