NASDAQ:HITI High Tide (HITI) Stock Price, News & Analysis → Jeff Bezos & 48 Members of Congress Are Buying ONE Sector… (From InvestorPlace) (Ad) Free HITI Stock Alerts $2.46 -0.10 (-3.91%) (As of 06/14/2024 ET) Add Compare Share Share Today's Range$2.20▼$2.5250-Day Range$1.98▼$2.6352-Week Range$1.14▼$2.85Volume1.26 million shsAverage Volume584,362 shsMarket Capitalization$197.91 millionP/E RatioN/ADividend YieldN/APrice Target$4.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get High Tide alerts: Email Address High Tide MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside82.9% Upside$4.50 Price TargetShort InterestBearish7.10% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.44Based on 5 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.87 out of 5 starsMedical Sector816th out of 914 stocksRetail Stores, Not Elsewhere Classified Industry9th out of 12 stocks 3.5 Analyst's Opinion Consensus RatingHigh Tide has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageHigh Tide has only been the subject of 1 research reports in the past 90 days.Read more about High Tide's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted7.10% of the float of High Tide has been sold short.Short Interest Ratio / Days to CoverHigh Tide has a short interest ratio ("days to cover") of 6.2.Change versus previous monthShort interest in High Tide has recently increased by 3.43%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldHigh Tide does not currently pay a dividend.Dividend GrowthHigh Tide does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for HITI. Previous Next 2.5 News and Social Media Coverage News SentimentHigh Tide has a news sentiment score of 0.44. 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 0.91 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 5 news articles for High Tide this week, compared to 1 article on an average week.Search Interest10 people have searched for HITI on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added High Tide to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, High Tide insiders have not sold or bought any company stock.Percentage Held by Insiders12.44% of the stock of High Tide is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 4.52% of the stock of High Tide is held by institutions.Read more about High Tide's insider trading history. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of High Tide is -7.69, 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. SectorThe P/E ratio of High Tide is -7.69, 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 RatioHigh Tide has a P/B Ratio of 1.86. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about High Tide's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressMan who Predicted Trump 2016 Win: “Prepare for Election Meltdown”Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.Click here to see it because it’s a SHOCKER… About High Tide Stock (NASDAQ:HITI)High Tide Inc. engages in the cannabis retail business in Canada, the United States, and internationally. The company operates through Retail and Wholesale segments. It operates licensed retail cannabis stores; and provides data analytics services. In addition, the company manufactures and distributes consumption accessories. Further, it sells its products through online sales via e-commerce platform. The company offers its products under the Daily High Club, DankStop, FABCBD, GC, Nuleaf, Smoke Cartel, and Blessed CBD brands. The company was formerly known as High Tide Ventures Inc. and changed its name to High Tide Inc. in October 2018. High Tide Inc. was founded in 2009 and is headquartered in Calgary, Canada.Read More HITI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HITI Stock News HeadlinesJune 14 at 12:01 AM | investorplace.comHITI Stock Earnings: High Tide Misses Revenue for Q2 2024June 13 at 11:35 PM | benzinga.comHigh Tide Reports $34.5M Cash Position, Sells 1,400 Shares In Q2, Expands Cannabis FootprintJune 13 at 4:00 PM | prnewswire.comHigh Tide Reports Second Quarter 2024 Financial Results Featuring Record Free Cash Flow of $9.4 Million and Positive Net IncomeJune 13 at 6:00 AM | prnewswire.comHigh Tide Executes Binding Subscription Agreements for $15 Million in Subordinated DebtJune 6, 2024 | americanbankingnews.comHigh Tide (HITI) to Release Earnings on ThursdayJune 4, 2024 | prnewswire.comHigh Tide Welcomes Alberta's Decision to Allow Private Label Cannabis SalesJune 3, 2024 | prnewswire.comHigh Tide to Open First Canna Cabana in Huntsville, OntarioMay 28, 2024 | prnewswire.comHigh Tide to Announce Second Fiscal Quarter 2024 Financial ResultsMay 13, 2024 | prnewswire.comHigh Tide Opens First Canna Cabana in Pickering, OntarioMay 6, 2024 | prnewswire.comHigh Tide Opens Second Canna Cabana in Ajax, OntarioMay 2, 2024 | prnewswire.comHigh Tide Opens Canna Cabana in Owen Sound, OntarioMay 1, 2024 | prnewswire.comHigh Tide Announces Appointment of New Chief Financial OfficerApril 30, 2024 | prnewswire.comHigh Tide Welcomes Biden Administration Move to Reschedule CannabisApril 23, 2024 | prnewswire.comHigh Tide Reports Approximately $2 Million in Retail Sales on '4/20'April 15, 2024 | prnewswire.comHigh Tide Announces Participation at Upcoming Cannabis Investment and B2B ConferencesApril 12, 2024 | msn.comHigh Tide CFO Sergio Patino to transition out of roleApril 12, 2024 | marketwatch.comHigh Tide Replacing Chief Financial OfficerApril 12, 2024 | prnewswire.comHigh Tide Announces Transition of Chief Financial OfficerApril 5, 2024 | investorplace.comFuturistic Fortunes: 3 Penny Stocks to Buy Before They Go MainstreamApril 4, 2024 | prnewswire.comHigh Tide to Open Fifth Canna Cabana Store in Mississauga, OntarioApril 1, 2024 | investorplace.comMillion-Dollar Bets: 3 Under-$15 Stocks With Massive PotentialApril 1, 2024 | prnewswire.comHigh Tide Welcomes Start of German Cannabis LegalizationMarch 28, 2024 | prnewswire.comHigh Tide Closes Acquisition of Premium Canadian Cannabis Brand, Queen of BudMarch 26, 2024 | prnewswire.comHigh Tide to Open Fourth Canna Cabana in Mississauga, OntarioMarch 24, 2024 | investorplace.com7 Unknown Penny Growth Stocks That Are About to Pop 1,000%See More Headlines Receive HITI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for High Tide and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/18/2024Today6/16/2024Next Earnings (Estimated)9/12/2024Fiscal Year End10/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Retail stores, not elsewhere classified Sub-IndustryN/A Current SymbolNASDAQ:HITI CUSIPN/A CIK1847409 Webwww.hightideinc.com Phone855-747-6420FaxN/AEmployees1,550Year FoundedN/APrice Target and Rating Average Stock Price Target$4.50 High Stock Price Target$4.50 Low Stock Price Target$4.50 Potential Upside/Downside+82.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.32) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-29,140,000.00 Net Margins-7.07% Pretax Margin-8.79% Return on Equity-1.05% Return on Assets-0.63% Debt Debt-to-Equity Ratio0.20 Current Ratio1.13 Quick Ratio0.69 Sales & Book Value Annual Sales$361.57 million Price / Sales0.55 Cash Flow$0.25 per share Price / Cash Flow9.92 Book Value$1.32 per share Price / Book1.86Miscellaneous Outstanding Shares80,450,000Free Float70,439,000Market Cap$197.91 million OptionableOptionable Beta0.49 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Harkirat Grover (Age 42)Founder, CEO, President & Executive Chairman Comp: $464.75kMr. Sergio Patino C.M.A.CPA, Chief Financial OfficerMr. Aman SoodChief Operating OfficerMr. Omar Yar KhanChief Communications & Public Affairs OfficerMr. Andreas-Alexander Palalas (Age 33)Chief Marketing Officer Comp: $159.04kMs. Joy Lisa AvzarVP & Legal CounselMs. Sandy SharmaVice President of Human ResourcesMr. Shimshon Posen J.D.Secretary & TreasurerKrystal DafoeDirector of Corporate GovernanceMore ExecutivesKey CompetitorsATRenewNYSE:RERE1-800-FLOWERS.COMNASDAQ:FLWSTitan MachineryNASDAQ:TITNStar GroupNYSE:SGUNewegg CommerceNASDAQ:NEGGView All CompetitorsInstitutional OwnershipVirtu Financial LLCBought 75,556 shares on 5/20/2024Ownership: 0.095%Perritt Capital Management Inc.Bought 65,000 shares on 5/15/2024Ownership: 0.082%Quadrature Capital LtdBought 15,842 shares on 5/15/2024Ownership: 0.020%Revisor Wealth Management LLCBought 14,642 shares on 4/23/2024Ownership: 0.018%View All Institutional Transactions HITI Stock Analysis - Frequently Asked Questions Should I buy or sell High Tide stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for High Tide in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" HITI shares. View HITI analyst ratings or view top-rated stocks. What is High Tide's stock price target for 2024? 2 Wall Street research analysts have issued 1-year price objectives for High Tide's stock. Their HITI share price targets range from $4.50 to $4.50. On average, they predict the company's share price to reach $4.50 in the next twelve months. This suggests a possible upside of 82.9% from the stock's current price. View analysts price targets for HITI or view top-rated stocks among Wall Street analysts. How have HITI shares performed in 2024? High Tide's stock was trading at $1.63 at the beginning of the year. Since then, HITI shares have increased by 50.9% and is now trading at $2.46. View the best growth stocks for 2024 here. When is High Tide's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, September 12th 2024. View our HITI earnings forecast. How were High Tide's earnings last quarter? High Tide Inc. (NASDAQ:HITI) issued its earnings results on Monday, March, 18th. The company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.03) by $0.02. The business earned $94.76 million during the quarter, compared to the consensus estimate of $94.43 million. High Tide had a negative trailing twelve-month return on equity of 1.05% and a negative net margin of 7.07%. During the same quarter last year, the firm earned ($0.05) earnings per share. Who are High Tide's major shareholders? High Tide's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Virtu Financial LLC (0.10%), Perritt Capital Management Inc. (0.08%), Quadrature Capital Ltd (0.02%) and Revisor Wealth Management LLC (0.02%). How do I buy shares of High Tide? Shares of HITI 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. 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