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DOW   33,212.96
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S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
S&P 500   4,158.24
DOW   33,212.96
QQQ   309.10
NASDAQ:GNLN

Greenlane (GNLN) Stock Forecast, Price & News

$0.29
0.00 (0.00%)
(As of 05/27/2022 12:00 AM ET)
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Today's Range
$0.28
$0.32
50-Day Range
$0.29
$0.70
52-Week Range
$0.28
$5.49
Volume
1.13 million shs
Average Volume
854,218 shs
Market Capitalization
$34.84 million
P/E Ratio
N/A
Dividend Yield
N/A
Beta
2.34
30 days | 90 days | 365 days | Advanced Chart
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Greenlane logo

About Greenlane

Greenlane Holdings, Inc. develops and distributes cannabis accessories, child-resistant packaging, vape solutions, and lifestyle products in the United States, Canada, and Europe. It operates through two segments, Consumer Goods and Industrial Goods. The company provides consumption accessories, vaporizers, pipes, rolling papers and packaging, grinders, and apparel lines, as well as bubblers, rigs, and other smoking and vaporization related accessories and merchandise. It offers its products under the VIBES rolling papers, Pollen Gear, the Marley Natural accessory line, Aerospaced & Groove grinders, Marley Natural, K. Haring Glass Collections, Eyce silicone pipes, Higher Standards, and DaVinci vaporizers brands. The company also operates e-commerce websites, such as Vapor.com, Higherstandards.com, Aerospaced.com, DaVincivaporizer.com, Harringglass.com, Eycemolds.com, Vapor.ca, Vaposhop.com, and Puffitup.com. It serves customers through a network of 8,500 smoke shops, cannabis dispensaries, and specialty retailers. Greenlane Holdings, Inc. was founded in 2005 and is headquartered in Boca Raton, Florida.

Headlines

Greenlane Holdings, Inc. (NASDAQ:GNLN) Short Interest Update
Greenlane (GNLN) to Release Quarterly Earnings on Tuesday
See More Headlines

Industry, Sector and Symbol

Industry
Durable goods, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:GNLN
Fax
N/A
Employees
264
Year Founded
N/A

Sales & Book Value

Annual Sales
$166.06 million
Book Value
$1.56 per share

Profitability

Net Income
$-30.58 million
Pretax Margin
-36.03%

Debt

Price-To-Earnings

Miscellaneous

Free Float
19,965,000
Market Cap
$34.84 million
Optionable
Not Optionable

Company Calendar

Last Earnings
3/30/2022
Today
5/29/2022
Next Earnings (Estimated)
8/15/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.28 out of 5 stars

Consumer Staples Sector

75th out of 193 stocks

Durable Goods, Not Elsewhere Classified Industry

1st out of 2 stocks

Analyst Opinion: 3.5Community Rank: 4.1Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -













Greenlane (NASDAQ:GNLN) Frequently Asked Questions

Is Greenlane a buy right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Greenlane in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Greenlane stock.
View analyst ratings for Greenlane
or view top-rated stocks.

Are investors shorting Greenlane?

Greenlane saw a decline in short interest in May. As of May 15th, there was short interest totaling 3,260,000 shares, a decline of 36.8% from the April 30th total of 5,160,000 shares. Based on an average trading volume of 2,060,000 shares, the short-interest ratio is presently 1.6 days.
View Greenlane's Short Interest
.

When is Greenlane's next earnings date?

Greenlane is scheduled to release its next quarterly earnings announcement on Monday, August 15th 2022.
View our earnings forecast for Greenlane
.

How were Greenlane's earnings last quarter?

Greenlane Holdings, Inc. (NASDAQ:GNLN) released its earnings results on Wednesday, March, 30th. The company reported ($0.09) earnings per share for the quarter, beating analysts' consensus estimates of ($0.13) by $0.04. The firm earned $56.02 million during the quarter, compared to analysts' expectations of $56.10 million. Greenlane had a negative net margin of 23.33% and a negative trailing twelve-month return on equity of 23.05%. During the same period in the prior year, the business posted ($0.61) earnings per share.
View Greenlane's earnings history
.

What guidance has Greenlane issued on next quarter's earnings?

Greenlane issued an update on its fourth quarter 2021 earnings guidance on Thursday, April, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $55.50 million-$56.50 million, compared to the consensus revenue estimate of $57.49 million.

What price target have analysts set for GNLN?

6 equities research analysts have issued 1-year target prices for Greenlane's stock. Their forecasts range from $1.00 to $6.30. On average, they anticipate Greenlane's stock price to reach $3.22 in the next year. This suggests a possible upside of 1,023.1% from the stock's current price.
View analysts' price targets for Greenlane
or view top-rated stocks among Wall Street analysts.

Who are Greenlane's key executives?
Greenlane's management team includes the following people:
  • Mr. Nicholas Kovacevich, CEO & Director (Age 36, Pay $572.12k)
  • Mr. Aaron LoCascio, Co-Founder & Director (Age 36, Pay $409.39k) (LinkedIn Profile)
  • Mr. Adam Schoenfeld, Co-Founder & Director (Age 37, Pay $467.7k) (LinkedIn Profile)
  • Mr. William E. Mote Jr., Chief Financial Officer (Age 52, Pay $368.63k) (LinkedIn Profile)
  • Mr. Rodrigo de Oliveira, Chief Operating Officer (Age 40)
  • Mr. Darshan Dahya, Chief Accounting Officer (Age 39)
  • Najim Mostamand C.F.A., Director of Investor Relations
  • Mr. Douglas H. Fischer, Gen. Counsel (Age 39)
  • Andrew Goodman, Sr. VP of Sales
  • Mr. Richard Finlow, Managing Director-Europe
What is 's approval rating as Greenlane's CEO?

2 employees have rated Greenlane CEO on Glassdoor.com. has an approval rating of 100% among Greenlane's employees. This puts in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Greenlane own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Greenlane investors own include KushCo (KSHB), OrganiGram (OGI), Enerplus (ERF), Matinas BioPharma (MTNB), Supreme Cannabis (SPRWF), ADMA Biologics (ADMA), EnLink Midstream (ENLC), Gran Tierra Energy (GTE), MariMed (MRMD) and Novan (NOVN).

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 acted as the underwriters for the IPO and Ladenburg Thalmann, Roth Capital Partners and Northland Securities were co-managers.

What is Greenlane's stock symbol?

Greenlane trades on the NASDAQ under the ticker symbol "GNLN."

Who are Greenlane's major shareholders?

Greenlane's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (1.85%), BlackRock Inc. (0.95%), Penserra Capital Management LLC (0.73%), GSA Capital Partners LLP (0.58%), AdvisorShares Investments LLC (0.53%) and State Street Corp (0.45%). Company insiders that own Greenlane stock include Aaron Locascio, Adam Schoenfeld and William E Mote Jr.
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 Vanguard Group Inc., Simplex Trading LLC, Penserra Capital Management LLC, Virtu Financial LLC, and Group One Trading L.P.. Company insiders that have sold Greenlane company stock in the last year include Aaron Locascio, Adam Schoenfeld, and William E Mote Jr.
View insider buying and selling activity for Greenlane
or view top insider-selling stocks.

Which major investors are buying Greenlane stock?

GNLN stock was acquired by a variety of institutional investors in the last quarter, including GSA Capital Partners LLP, BlackRock Inc., Vident Investment Advisory LLC, AdvisorShares Investments LLC, Qube Research & Technologies Ltd, and State Street Corp.
View insider buying and selling activity for Greenlane
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Greenlane's stock price today?

One share of GNLN stock can currently be purchased for approximately $0.29.

How much money does Greenlane make?

Greenlane has a market capitalization of $34.84 million and generates $166.06 million in revenue each year. The company earns $-30.58 million in net income (profit) each year or ($0.83) on an earnings per share basis.

How many employees does Greenlane have?

Greenlane employs 264 workers across the globe.

What is Greenlane's official website?

The official website for Greenlane is www.gnln.com.

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].

This page was last updated on 5/29/2022 by MarketBeat.com Staff

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