NASDAQ:OGI OrganiGram Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding OrganiGram Holdings Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $1.12 -0.02 (-1.33 %) (As of 09/18/2020 01:40 PM ET) Add Compare Share Today's Range$1.11Now: $1.12▼$1.1550-Day Range$1.06MA: $1.25▼$1.4752-Week Range$1.04Now: $1.12▼$4.35Volume61,142 shsAverage Volume4.49 million shsMarket Capitalization$216.88 millionP/E RatioN/ADividend YieldN/ABeta0.04 ProfileAnalyst RatingsChartCompetitorsEarningsInstitutional OwnershipHeadlinesShort InterestSocial Media OrganiGram Holdings Inc., through its subsidiaries, produces and sells dried cannabis and cannabis oil in Canada. It also offers wholesale shipping of cannabis plant cuttings, dried flowers, blends, pre-rolls, and cannabis oils to retailers and wholesalers. The company also exports its products. It sells its products online, as well as through phone orders. OrganiGram Holdings Inc. was founded in 2013 and is headquartered in Moncton, Canada.Read More Beat the Market (BTM) Rank™ 4.2 Analyst's Opinion Consensus RatingOrganiGram has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 6 buy ratings, 9 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $3.76, OrganiGram has a forecasted upside of 233.1% from its current price of $1.13.Amount of Analyst CoverageOrganiGram has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.1 Community Rank Outperform VotesOrganiGram has received 175 “outperform” votes. (Add your “outperform” vote.)Underperform VotesOrganiGram has received 110 “underperform” votes. (Add your “underperform” vote.)Community SentimentOrganiGram has received 61.40% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about OrganiGram and other stocks. Vote “Outperform” if you believe OGI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe OGI will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldOrganiGram does not currently pay a dividend.Dividend GrowthOrganiGram does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, OrganiGram insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 10.46% of the stock of OrganiGram is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for OrganiGram are expected to remain at ($0.03) per share in the coming year.Price to Earnings Ratio vs. the MarketThe P/E ratio of OrganiGram is -2.17, 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 OrganiGram is -2.17, 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 RatioOrganiGram has a P/B Ratio of 0.72. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.2Community Rank: 3.1Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.59 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Pharmaceutical preparations Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:OGI Previous Symbol CUSIPN/A CIKN/A Webwww.organigram.ca Phone1-855-961-9420Debt Debt-to-Equity Ratio0.25 Current Ratio5.15 Quick Ratio1.96Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$61.27 million Price / Sales3.54 Cash Flow$0.11 per share Price / Cash Flow10.43 Book Value$1.58 per share Price / Book0.71Profitability EPS (Most Recent Fiscal Year)$0.06 Net Income$-7,200,000.00 Net Margins-142.02% Return on Equity-4.88% Return on Assets-3.60%Miscellaneous Employees615 Outstanding Shares194,507,000Market Cap$216.88 million Next Earnings Date11/24/2020 (Estimated) OptionableNot Optionable $1.12 -0.02 (-1.33 %) (As of 09/18/2020 01:40 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive OGI News and Ratings via Email Sign-up to receive the latest news and ratings for OGI and its competitors with MarketBeat's FREE daily newsletter. OrganiGram (NASDAQ:OGI) Frequently Asked Questions How has OrganiGram's stock price been impacted by COVID-19 (Coronavirus)? OrganiGram's stock was trading at $1.72 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, OGI shares have decreased by 35.5% and is now trading at $1.11. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of OrganiGram? 15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for OrganiGram in the last year. There are currently 9 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for OrganiGram. When is OrganiGram's next earnings date? OrganiGram is scheduled to release its next quarterly earnings announcement on Tuesday, November 24th 2020. View our earnings forecast for OrganiGram. How were OrganiGram's earnings last quarter? OrganiGram Holdings Inc (NASDAQ:OGI) issued its quarterly earnings data on Tuesday, July, 21st. The company reported ($0.51) EPS for the quarter, missing the Zacks' consensus estimate of ($0.02) by $0.49. The firm earned $22.24 million during the quarter, compared to the consensus estimate of $20.83 million. OrganiGram had a negative return on equity of 4.88% and a negative net margin of 142.02%. The company's revenue for the quarter was down 26.7% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.07) earnings per share. View OrganiGram's earnings history. What price target have analysts set for OGI? 15 equities research analysts have issued 1 year price objectives for OrganiGram's stock. Their forecasts range from $1.72 to $8.50. On average, they expect OrganiGram's share price to reach $3.76 in the next year. This suggests a possible upside of 239.1% from the stock's current price. View analysts' price targets for OrganiGram. Are investors shorting OrganiGram? OrganiGram saw a increase in short interest in August. As of August 14th, there was short interest totaling 15,230,000 shares, an increase of 9.2% from the July 30th total of 13,950,000 shares. Based on an average daily trading volume, of 5,800,000 shares, the short-interest ratio is presently 2.6 days. Currently, 7.9% of the shares of the stock are short sold. View OrganiGram's Short Interest. Who are some of OrganiGram's key competitors? Some companies that are related to OrganiGram include VBI Vaccines (VBIV), Frequency Therapeutics (FREQ), Provention Bio (PRVB), Akouos (AKUS), Protagonist Therapeutics (PTGX), Kadmon (KDMN), Endo International (ENDP), ImmunoGen (IMGN), Phibro Animal Health (PAHC), Wave Life Sciences (WVE), DiaMedica Therapeutics (DMCAF), Cara Therapeutics (CARA), Omeros (OMER), Northwest Biotherapeutics (NWBO) and Collegium Pharmaceutical (COLL). View all competitors. What other stocks do shareholders of OrganiGram own? Based on aggregate information from My MarketBeat watchlists, some companies that other OrganiGram investors own include KushCo (KSHB), Canopy Growth (CGC), Auxly Cannabis Group (CBWTF), Supreme Cannabis (SPRWF), Medical Marijuana (MJNA), Cannabics Pharmaceuticals (CNBX), Marimed (MRMD), Aurora Cannabis (ACB), EVIO (EVIO) and Gran Tierra Energy (GTE). Who are OrganiGram's key executives? OrganiGram's management team includes the following people: Mr. Greg Engel, CEO & Director (Age 54)Mr. Paolo De Luca C.A., C.F.A, Chief Financial Officer (Age 46)Mr. Jeff Purcell, VP - OperationsMr. Timothy Emberg, Sr. VP of Sales & Commercial OperationsMr. Peter R. Hanson, Director of Fin. What is OrganiGram's stock symbol? OrganiGram trades on the NASDAQ under the ticker symbol "OGI." Who are OrganiGram's major shareholders? OrganiGram's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include AdvisorShares Investments LLC (0.70%), Swiss National Bank (0.21%), Ancora Advisors LLC (0.17%), TD Asset Management Inc. (0.08%), Goldman Sachs Group Inc. (0.06%) and Commonwealth Equity Services LLC (0.05%). Which major investors are selling OrganiGram stock? OGI stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Jane Street Group LLC, Commonwealth Equity Services LLC, Bank of Montreal Can, and Ancora Advisors LLC. Which major investors are buying OrganiGram stock? OGI stock was acquired by a variety of institutional investors in the last quarter, including AdvisorShares Investments LLC, Swiss National Bank, WFA of San Diego LLC, WFA of San Diego LLC, Goldman Sachs Group Inc., XTX Markets LLC, and TD Asset Management Inc.. How do I buy shares of OrganiGram? Shares of OGI 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 OrganiGram's stock price today? One share of OGI stock can currently be purchased for approximately $1.11. How big of a company is OrganiGram? OrganiGram has a market capitalization of $215.90 million and generates $61.27 million in revenue each year. The company earns $-7,200,000.00 in net income (profit) each year or $0.06 on an earnings per share basis. OrganiGram employs 615 workers across the globe. What is OrganiGram's official website? The official website for OrganiGram is www.organigram.ca. How can I contact OrganiGram? OrganiGram's mailing address is 35 English Dr., Moncton Z4, E1E 3X3. The company can be reached via phone at 1-855-961-9420. This page was last updated on 9/18/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
