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 Date2/14/2020 (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 quarterly earnings data 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 company 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%. Greenlane's revenue was up 3.1% on a year-over-year basis. View Greenlane's Earnings History.
When is Greenlane's next earnings date?
What price target have analysts set for GNLN?
5 analysts have issued 1-year 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 twelve months. This suggests a possible upside of 551.2% 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 articles about GNLN stock have been trending extremely negative this week, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of press coverage by reviewing more than six thousand blog and news 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 coverage optimism score of -4.0 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Greenlane.
Are investors shorting Greenlane?
Greenlane saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 1,010,000 shares, an increase of 16.6% from the December 15th total of 866,500 shares. Based on an average daily volume of 227,900 shares, the days-to-cover ratio is currently 4.4 days. Approximately 11.0% of the company's shares are sold short. 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), John B. Sanfilippo & Son (JBSS), Adecoagro (AGRO), HF Foods Group (HFFG), e.l.f. Beauty (ELF), MGP Ingredients (MGPI), Primo Water (PRMW), Turning Point Brands (TPB), Carriage Services (CSV), Tupperware Brands (TUP), United Natural Foods (UNFI), New Media Investment Group (NEWM), Red River Bancshares (RRBI), PREMIER FOODS P/ADR (PRRFY) and Daily Journal (DJCO).
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 (IPO) 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 served 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 shareholders include FNY Investment Advisers LLC (0.33%) and AdvisorShares Investments LLC (0.18%). 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 buying Greenlane stock?
GNLN stock was purchased by a variety of institutional investors in the last quarter, including AdvisorShares Investments LLC and FNY Investment Advisers 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 $3.01.
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.
