NYSE:CGC - Canopy Growth Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$44.38 -1.66 (-3.61 %)
(As of 03/24/2019 02:36 AM ET)
Previous Close$44.38
Today's Range$44.3030 - $46.14
52-Week Range$18.93 - $59.25
Volume6.62 million shs
Average Volume6.17 million shs
Market Capitalization$14.85 billion
P/E Ratio-138.69
Dividend YieldN/A
Beta4.29
Canopy Growth Corp. engages in the production and sale of medical cannabis. The company offers products including oils and concentrates, soft gel capsules, and hemp. It focuses on the treatment of chronic pain, seizures, muscle spasms, nausea, and loss of appetite. The company was founded by Bruce Linton on August 5, 2009 and is headquartered in Smith Falls, Canada.

Receive CGC News and Ratings via Email

Sign-up to receive the latest news and ratings for CGC and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Medicinals & botanicals
Sub-IndustryCannabis
SectorMedical
CUSIPN/A
CIKN/A
Phone855-558-9333

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$60.79 million
Book Value$4.87 per share

Profitability

Net Income$-54,880,000.00
Net Margins-267.40%

Miscellaneous

Employees1,033
Market Cap$14.85 billion
Next Earnings Date6/26/2019 (Estimated)
OptionableOptionable

Canopy Growth (NYSE:CGC) Frequently Asked Questions

What is Canopy Growth's stock symbol?

Canopy Growth trades on the New York Stock Exchange (NYSE) under the ticker symbol "CGC."

When is Canopy Growth's next earnings date?

Canopy Growth is scheduled to release their next quarterly earnings announcement on Wednesday, June 26th 2019. View Earnings Estimates for Canopy Growth.

What price target have analysts set for CGC?

8 brokers have issued twelve-month target prices for Canopy Growth's shares. Their forecasts range from $46.27 to $61.00. On average, they expect Canopy Growth's stock price to reach $55.7567 in the next twelve months. This suggests a possible upside of 25.6% from the stock's current price. View Analyst Price Targets for Canopy Growth.

What is the consensus analysts' recommendation for Canopy Growth?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canopy Growth in the last year. There are currently 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Canopy Growth.

Has Canopy Growth been receiving favorable news coverage?

Headlines about CGC stock have trended somewhat negative recently, according to InfoTrie. The research group ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Canopy Growth earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned media stories about the marijuana producer a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term.

Who are some of Canopy Growth's key competitors?

What other stocks do shareholders of Canopy Growth own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Canopy Growth investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), General Electric (GE), Cronos Group (CRON), Aurora Cannabis (ACB), Tilray (TLRY), Aurora Cannabis (ACBFF), Aurora Cannabis (ACB) and GW Pharmaceuticals PLC- (GWPH).

Who are Canopy Growth's key executives?

Canopy Growth's management team includes the folowing people:
  • Bruce Linton, Chairman & Co-Chief Executive Officer
  • Mark Zekulin, President & Co-Chief Executive Officer
  • Timothy R. Saunders, Chief Financial Officer & Executive Vice President
  • Amanda Daley, Vice President-Medical
  • Ru Wadasinghe, Chief Information Officer

Who are Canopy Growth's major shareholders?

Canopy Growth's stock is owned by a number of of retail and institutional investors. Top institutional investors include ETF Managers Group LLC (0.64%), Connor Clark & Lunn Investment Management Ltd. (0.63%), Macquarie Group Ltd. (0.57%), Norges Bank (0.49%), TD Asset Management Inc. (0.34%) and Bank of Nova Scotia (0.17%).

Which institutional investors are selling Canopy Growth stock?

CGC stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, D. E. Shaw & Co. Inc., Connor Clark & Lunn Investment Management Ltd., Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Bank of America Corp DE, Essex Investment Management Co. LLC, Two Sigma Advisers LP and Macquarie Group Ltd..

Which institutional investors are buying Canopy Growth stock?

CGC stock was purchased by a variety of institutional investors in the last quarter, including ETF Managers Group LLC, Norges Bank, Bank of New York Mellon Corp, Bank of Nova Scotia, Legal & General Group Plc, Intact Investment Management Inc., Mackenzie Financial Corp and Aviva PLC.

How do I buy shares of Canopy Growth?

Shares of CGC 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, Scottrade, Fidelity and Charles Schwab.

What is Canopy Growth's stock price today?

One share of CGC stock can currently be purchased for approximately $44.38.

How big of a company is Canopy Growth?

Canopy Growth has a market capitalization of $14.85 billion and generates $60.79 million in revenue each year. The marijuana producer earns $-54,880,000.00 in net income (profit) each year or ($0.32) on an earnings per share basis. Canopy Growth employs 1,033 workers across the globe.

What is Canopy Growth's official website?

The official website for Canopy Growth is http://www.canopygrowth.com.

How can I contact Canopy Growth?

Canopy Growth's mailing address is 1 HERSHEY DRIVE, SMITH FALLS A6, K7A0A8. The marijuana producer can be reached via phone at 855-558-9333 or via email at [email protected]


MarketBeat Community Rating for Canopy Growth (NYSE CGC)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  298 (Vote Outperform)
Underperform Votes:  283 (Vote Underperform)
Total Votes:  581
MarketBeat's community ratings are surveys of what our community members think about Canopy Growth and other stocks. Vote "Outperform" if you believe CGC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CGC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/24/2019 by MarketBeat.com Staff

Featured Article: Do Tariffs Work?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel