Greenlane Holdings, Inc. distribute consumption accessories and vaporization products to wholesale and retail customers in the United States and Canada. The company offers vaporizers and parts, cleaning products, grinders and storage containers, pipes, rolling papers, and customized lines of specialty packaging. It also operates e-commerce Websites, such as VaporNation.com and VapeWorld.com. The company was founded in 2005 and is headquartered in Boca Raton, Florida.
Industry, Sector and Symbol
Industry Durable goods, not elsewhere classified
Sub-IndustryN/A
SectorConsumer Staples
CIKN/A
Phone877-292-7660
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$178.93 million
Profitability
Miscellaneous
Employees249
Next Earnings Date2/21/2020 (Estimated)
OptionableNot Optionable
Greenlane (NASDAQ:GNLN) Frequently Asked Questions
What is Greenlane's stock symbol?
Greenlane trades on the NASDAQ under the ticker symbol "GNLN."
How were Greenlane's earnings last quarter?
Greenlane Holdings (NASDAQ:GNLN) released its earnings results on Friday, November, 8th. The company reported ($0.64) earnings per share for the quarter, missing the consensus estimate of ($0.06) by $0.58. The business had revenue of $44.89 million for the quarter, compared to the consensus estimate of $48.65 million. Greenlane had a negative return on equity of 60.54% and a negative net margin of 16.40%. The company's revenue for the quarter was up 3.1% compared to the same quarter last year. View Greenlane's Earnings History.
When is Greenlane's next earnings date?
What price target have analysts set for GNLN?
5 analysts have issued twelve-month target prices for Greenlane's shares. Their forecasts range from $10.00 to $23.00. On average, they anticipate Greenlane's share price to reach $19.60 in the next year. This suggests a possible upside of 696.7% from the stock's current price. View Analyst Price Targets for Greenlane.
What is the consensus analysts' recommendation for Greenlane?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Greenlane in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Greenlane.
Has Greenlane been receiving favorable news coverage?
News stories about GNLN stock have been trending neutral recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Greenlane earned a news sentiment score of 0.4 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Greenlane.
Are investors shorting Greenlane?
Greenlane saw a increase in short interest in January. As of January 31st, there was short interest totalling 1,110,000 shares, an increase of 9.9% from the January 15th total of 1,010,000 shares. Based on an average daily volume of 232,600 shares, the days-to-cover ratio is currently 4.8 days. Approximately 12.0% of the shares of the stock are short sold. View Greenlane's Current Options Chain.
Who are some of Greenlane's key competitors?
Some companies that are related to Greenlane include B&G Foods (BGS), Primo Water (PRMW), MGP Ingredients (MGPI), Carriage Services (CSV), Turning Point Brands (TPB), Celsius (CELH), United Natural Foods (UNFI), Red River Bancshares (RRBI), Daily Journal (DJCO), PREMIER FOODS P/ADR (PRRFY), Limoneira (LMNR), New Media Investment Group (NEWM), Seneca Foods (SENEA), Landec (LNDC) and Amira Nature Foods (ANFI).
What other stocks do shareholders of Greenlane own?
Who are Greenlane's key executives?
Greenlane's management team includes the folowing people:
- Mr. Aaron LoCascio, Chairman & CEO (Age 33)
- Mr. Adam Schoenfeld, Pres, Chief Strategy Officer & Director (Age 34)
- Mr. Ethan Rudin, Chief Financial Officer (Age 44)
When did Greenlane IPO?
(GNLN) raised $80 million in an initial public offering on Thursday, April 18th 2019. The company issued 5,300,000 shares at a price of $14.00-$16.00 per share. Cowen and Company and Canaccord Genuity acted as the underwriters for the IPO and Ladenburg Thalmann, Roth Capital Partners and Northland Securities were co-managers.
Who are Greenlane's major shareholders?
Greenlane's stock is owned by a number of of retail and institutional investors. Top institutional investors include UBS Group AG (0.73%), FNY Investment Advisers LLC (0.33%), Healthcare Value Capital LLC (0.19%), AdvisorShares Investments LLC (0.18%), Cambria Investment Management L.P. (0.17%) and Goldman Sachs Group Inc. (0.13%). Company insiders that own Greenlane stock include Aaron Locascio, Jacoby & Co Inc, Jay M Scheiner, Pura Vida Investments, Llc, Richard Taney and Sasha Kadey. View Institutional Ownership Trends for Greenlane.
Which major investors are selling Greenlane stock?
GNLN stock was sold by a variety of institutional investors in the last quarter, including Healthcare Value Capital LLC. Company insiders that have sold Greenlane company stock in the last year include Aaron Locascio, Jacoby & Co Inc, Jay M Scheiner and Sasha Kadey. View Insider Buying and Selling for Greenlane.
Which major investors are buying Greenlane stock?
GNLN stock was purchased by a variety of institutional investors in the last quarter, including UBS Group AG, AdvisorShares Investments LLC, Goldman Sachs Group Inc., Cambria Investment Management L.P., FNY Investment Advisers LLC, Panagora Asset Management Inc., Requisite Capital Management LLC and Kingsview Wealth Management LLC. Company insiders that have bought Greenlane stock in the last two years include Aaron Locascio, Pura Vida Investments, Llc and Richard Taney. View Insider Buying and Selling for Greenlane.
How do I buy shares of Greenlane?
Shares of GNLN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Greenlane's stock price today?
One share of GNLN stock can currently be purchased for approximately $2.46.
How big of a company is Greenlane?
What is Greenlane's official website?
How can I contact Greenlane?
Greenlane's mailing address is 1095 BROKEN SOUND PARKWAY SUITE 300, BOCA RATON FL, 33487. The company can be reached via phone at 877-292-7660 or via email at [email protected]
MarketBeat Community Rating for Greenlane (NASDAQ GNLN)
MarketBeat's community ratings are surveys of what our community members think about Greenlane and other stocks. Vote "Outperform" if you believe GNLN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GNLN will underperform the S&P 500 over the long term. You may vote once every thirty days.
