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Stock market today: World shares mostly lower as Congress averts a US government shutdown
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Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Federal student loan payments are starting again. Here's what you need to know
Facing increasing pressure from customers, some miners are switching to renewable energy
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Stock market today: World shares mostly lower as Congress averts a US government shutdown
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Bank of Japan survey shows manufacturers optimistic about economy
Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
New iPhones Hot In A Bad Way, But Apple Stock Chart is Bullish
Ride the Waves of Wealth With This Oil Tanker 17% Yield
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Federal student loan payments are starting again. Here's what you need to know
Facing increasing pressure from customers, some miners are switching to renewable energy
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Stock market today: World shares mostly lower as Congress averts a US government shutdown
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Bank of Japan survey shows manufacturers optimistic about economy
Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
New iPhones Hot In A Bad Way, But Apple Stock Chart is Bullish
Ride the Waves of Wealth With This Oil Tanker 17% Yield
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Federal student loan payments are starting again. Here's what you need to know
Facing increasing pressure from customers, some miners are switching to renewable energy
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Stock market today: World shares mostly lower as Congress averts a US government shutdown
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Bank of Japan survey shows manufacturers optimistic about economy
Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
New iPhones Hot In A Bad Way, But Apple Stock Chart is Bullish
Ride the Waves of Wealth With This Oil Tanker 17% Yield
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
Federal student loan payments are starting again. Here's what you need to know
Facing increasing pressure from customers, some miners are switching to renewable energy
NASDAQ:GRWG

GrowGeneration (GRWG) Stock Forecast, Price & News

$2.92
+0.03 (+1.04%)
(As of 09/29/2023 08:53 PM ET)
Compare
Today's Range
$2.86
▼
$2.96
50-Day Range
$2.61
▼
$4.02
52-Week Range
$2.55
▼
$8.63
Volume
687,000 shs
Average Volume
1.02 million shs
Market Capitalization
$178.79 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.51
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media

GrowGeneration MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
54.5% Upside
$4.51 Price Target
Short Interest
Healthy
6.14% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.94mentions of GrowGeneration in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.42) to ($0.31) Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.09 out of 5 stars

Basic Materials Sector

101st out of 167 stocks

Building Materials, Hardware, Garden Supply & Mobile Home Dealers Industry

4th out of 5 stocks

See Top Rated MarketRank™ Stocks Here

GRWG stock logo

About GrowGeneration (NASDAQ:GRWG) Stock

GrowGeneration Corp., through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States. The company engages in the marketing and distribution of nutrients, growing media, lighting, environmental control systems, vertical benching, and accessories for hydroponic gardening, as well as other indoor and outdoor growing products. It operates a chain of stores in California, Colorado, Michigan, Maine, Oklahoma, Oregon, Washington, Mississippi, Missouri, Arizona, Rhode Island, Florida, Massachusetts, Virginia, New Jersey, and New Mexico, as well as growgeneration.com, an online superstore for cultivators, a wholesale business for resellers, and HRG Distribution and MMI. The company was formerly known as Easylife Corp. GrowGeneration Corp. was founded in 2008 and is based in Greenwood Village, Colorado.

GRWG Price History

GRWG Stock News Headlines

September 26, 2023 | finance.yahoo.com
Whole Cities and GrowGeneration(R) Unite To Grow Locally Led Hydroponic Agriculture Initiatives
September 21, 2023 | finance.yahoo.com
GrowGeneration to Participate in Benzinga Cannabis Capital Conference
October 2, 2023 | Edge On The Street (Ad)
Gold Could Be Heading for Record Highs - But How to Play It?
According to FX Empire, the gold forecast is now bullish, with support for a $3,000 target in 2024. The big question is how to play it. Some investors are discovering a unique gold investment alternative that sidesteps the major issues with gold mining stocks or physical gold.
September 11, 2023 | msn.com
GrowGeneration: Pressure On Revenue Growth And Margins Resumes
August 11, 2023 | finance.yahoo.com
GrowGeneration Corp. (NASDAQ:GRWG) Analysts Just Slashed This Year's Estimates
August 9, 2023 | msn.com
Lake Street Maintains GrowGeneration (GRWG) Buy Recommendation
August 9, 2023 | benzinga.com
Hydroponic Giant Shares Slightly Down On Q2 Revenue Decline, Lower Guidance
August 8, 2023 | msn.com
GrowGeneration (GRWG) Reports Q2 Loss, Tops Revenue Estimates
October 2, 2023 | Edge On The Street (Ad)
Gold Could Be Heading for Record Highs - But How to Play It?
According to FX Empire, the gold forecast is now bullish, with support for a $3,000 target in 2024. The big question is how to play it. Some investors are discovering a unique gold investment alternative that sidesteps the major issues with gold mining stocks or physical gold.
August 8, 2023 | markets.businessinsider.com
Craig-Hallum Keeps Their Buy Rating on GrowGeneration (GRWG)
August 7, 2023 | finance.yahoo.com
Further weakness as GrowGeneration (NASDAQ:GRWG) drops 10% this week, taking three-year losses to 61%
July 25, 2023 | finance.yahoo.com
GrowGeneration Schedules Second Quarter 2023 Earnings Release Conference Call for August 8, 2023
July 21, 2023 | msn.com
Here Is Why Bargain Hunters Would Love Fast-paced Mover GrowGeneration (GRWG)
June 27, 2023 | finance.yahoo.com
GrowGeneration Corp.'s (NASDAQ:GRWG) top owners are individual investors with 52% stake, while 44% is held by institutions
June 15, 2023 | finanznachrichten.de
Blue Diamond Ventures, Inc.: NEXTGEN Accelerator Goes to the NEXT LEVEL
June 15, 2023 | finance.yahoo.com
NEXTGEN Accelerator Goes to the NEXT LEVEL
May 25, 2023 | fool.com
GrowGeneration (NASDAQ: GRWG)
May 23, 2023 | benzinga.com
Hydroponic Retailer GrowGeneration Cultivates Success In Alaska With Southside Garden Supply Acquisition
May 23, 2023 | finance.yahoo.com
GrowGeneration Acquires Two Stores in Alaska to Expand Its Geographic Footprint Into 18th State
May 17, 2023 | msn.com
GrowGeneration (GRWG) Enters Mushroom Industry With GrowLife Deal
May 16, 2023 | finance.yahoo.com
GrowGeneration Partners with Bridgetown Mushrooms to Begin Selling Mycology Supplies
May 11, 2023 | msn.com
Hydroponic Retailer GrowGeneration Posts $56.8M In Q1 2023 Revenue
May 11, 2023 | finance.yahoo.com
GrowGeneration Corp.'s (NASDAQ:GRWG) Intrinsic Value Is Potentially 52% Above Its Share Price
May 10, 2023 | msn.com
GrowGeneration Q1 results beat estimates, co maintains FY 2023 revenue guidance
May 10, 2023 | msn.com
Recap: GrowGeneration Q1 Earnings
May 10, 2023 | msn.com
Why GrowGeneration Stock Went Hypergrowth Today
May 10, 2023 | finance.yahoo.com
GrowGeneration (GRWG) Q1 Earnings Beat Estimates, Dip Y/Y
See More Headlines
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GRWG Company Calendar

Last Earnings
8/08/2023
Today
10/01/2023
Next Earnings (Estimated)
11/06/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Building materials, hardware, garden supply & mobile home dealers
Sub-Industry
Cannabis
Sector
Basic Materials
Current Symbol
NASDAQ:GRWG
CUSIP
N/A
CIK
1604868
Web
www.growgeneration.com
Phone
(800) 935-8420
Fax
N/A
Employees
481
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$4.51
High Stock Price Forecast
$5.00
Low Stock Price Forecast
$4.00
Forecasted Upside/Downside
+54.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($0.56)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-163,750,000.00
Net Margins
-13.83%
Pretax Margin
-14.18%
Return on Equity
-15.75%
Return on Assets
-11.69%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
4.44
Quick Ratio
2.35

Sales & Book Value

Annual Sales
$278.17 million
Price / Sales
0.64
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$3.55 per share
Price / Book
0.82

Miscellaneous

Outstanding Shares
61,230,000
Free Float
58,403,000
Market Cap
$178.79 million
Optionable
Optionable
Beta
3.04
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Key Executives

  • Mr. Darren Lampert (Age 62)
    Co-Founder, CEO & Director
    Comp: $1.34M
  • Mr. Michael Salaman (Age 62)
    Co-Founder, Pres & Director
    Comp: $1.34M
  • Mr. Gregory Sanders (Age 34)
    Chief Financial Officer
    Comp: $287.31k
  • Mr. Clifton Tomasini
    VP of Operations
  • Mr. Son Nguyen
    Chief Information Officer
  • John Evans
    Head of Investor Relations
  • Mr. Stephen Kozey
    Gen. Counsel
  • Mr. Robert L. Nardelli (Age 75)
    Sr. Strategic Advisor to CEO & Board of Directors
  • Ms. Rebecca Haluska
    Sr. VP of Purchasing
  • Mr. Keith Harrington
    Sr. VP of Bus. Devel.

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions













GRWG Stock - Frequently Asked Questions

Should I buy or sell GrowGeneration stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GrowGeneration in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" GRWG shares.
View GRWG analyst ratings or view top-rated stocks.

What is GrowGeneration's stock price forecast for 2023?

4 brokerages have issued 1-year price objectives for GrowGeneration's shares. Their GRWG share price forecasts range from $4.00 to $5.00. On average, they anticipate the company's share price to reach $4.51 in the next twelve months. This suggests a possible upside of 54.5% from the stock's current price.
View analysts price targets for GRWG or view top-rated stocks among Wall Street analysts.

How have GRWG shares performed in 2023?

GrowGeneration's stock was trading at $3.92 at the beginning of the year. Since then, GRWG stock has decreased by 25.5% and is now trading at $2.92.
View the best growth stocks for 2023 here.

When is GrowGeneration's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023.
View our GRWG earnings forecast.

How were GrowGeneration's earnings last quarter?

GrowGeneration Corp. (NASDAQ:GRWG) issued its quarterly earnings data on Tuesday, August, 8th. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.07) by $0.02. The firm had revenue of $63.93 million for the quarter, compared to the consensus estimate of $63.83 million. GrowGeneration had a negative net margin of 13.83% and a negative trailing twelve-month return on equity of 15.75%.

What ETFs hold GrowGeneration's stock?

ETFs with the largest weight of GrowGeneration (NASDAQ:GRWG) stock in their portfolio include ETFMG U.S. Alternative Harvest ETF (MJUS), Amplify Growth Opportunities ETF (CNBS), AXS Cannabis ETF (THCX), Global X AgTech & Food Innovation ETF (KROP), AdvisorShares Pure Cannabis ETF (YOLO), Cambria Cannabis ETF (TOKE) and ETFMG Alternative Harvest ETF (MJ).AdvisorShares Pure US Cannabis ETF (MSOS).

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

GrowGeneration issued an update on its FY 2023 earnings guidance on Tuesday, August, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $220.00 million-$225.00 million, compared to the consensus revenue estimate of $255.83 million.

What other stocks do shareholders of GrowGeneration own?

Based on aggregate information from My MarketBeat watchlists, some companies that other GrowGeneration investors own include NVIDIA (NVDA), Innovative Industrial Properties (IIPR), Tesla (TSLA), Advanced Micro Devices (AMD), Curaleaf (CURLF), KushCo (KSHB), AbbVie (ABBV), Alibaba Group (BABA) and Block (SQ).

What is GrowGeneration's stock symbol?

GrowGeneration trades on the NASDAQ under the ticker symbol "GRWG."

How do I buy shares of GrowGeneration?

Shares of GRWG stock 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 GrowGeneration's stock price today?

One share of GRWG stock can currently be purchased for approximately $2.92.

How much money does GrowGeneration make?

GrowGeneration (NASDAQ:GRWG) has a market capitalization of $178.79 million and generates $278.17 million in revenue each year. The company earns $-163,750,000.00 in net income (profit) each year or ($0.56) on an earnings per share basis.

How many employees does GrowGeneration have?

The company employs 481 workers across the globe.

How can I contact GrowGeneration?

GrowGeneration's mailing address is 930 W 7TH AVE SUITE A, DENVER CO, 80233. The official website for the company is www.growgeneration.com. The company can be reached via phone at (800) 935-8420 or via email at john.evans@growgeneration.com.

This page (NASDAQ:GRWG) was last updated on 10/2/2023 by MarketBeat.com Staff

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