Trulieve Cannabis (TRLV) Stock Price, News & Analysis

Company Overview

Trulieve Cannabis Corp. is a U.S. cannabis company that cultivates, processes and sells cannabis products through a vertically integrated business. Its offerings include flower, concentrates, vape products, edibles and other cannabis products, sold under brands such as Trulieve and Modern Flower.

Founded in Florida in 2015, the company built its business in that state and expanded into other U.S. markets, including Arizona and Pennsylvania. Its operations and product offerings are shaped by the regulations in each state where it operates.

Kim Rivers is Trulieve’s chief executive officer. The company’s growth has included expansion beyond Florida, including its 2021 acquisition of Harvest Health & Recreation.

Key Stats

• Today's Range: $11.11 to $11.47
• 50-Day Range: $9.98 to $12.52
• 52-Week Range: $4.62 to $13.28
• Volume: 49,756 shs
• Average Volume: 982,840 shs
• Market Capitalization: $2.19 billion
• P/E Ratio: 56.85
• Dividend Yield: N/A
• Price Target: $15.00
• Consensus Rating: Hold

Trulieve Cannabis Stock Analysis - MarketRank™

Trulieve Cannabis scored higher than 74% of companies evaluated by MarketBeat, and ranked 168th out of 897 stocks in the healthcare sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Hold

Consensus Rating

Trulieve Cannabis has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, 1 buy rating, 1 hold rating, and 1 sell rating.

Upside Potential

Trulieve Cannabis has a consensus price target of $15.00, representing about 32.1% upside from its current price of $11.36.

Amount of Analyst Coverage

Trulieve Cannabis has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 253.85%

Earnings Growth

Earnings for Trulieve Cannabis are expected to grow by 253.85% in the coming year, from $0.13 to $0.46 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Trulieve Cannabis is 56.85, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.85.

Price to Earnings Ratio vs. Sector

The P/E ratio of Trulieve Cannabis is 56.85, which means that it is trading at a more expensive P/E ratio than the Healthcare sector average P/E ratio of about 35.34.

Price to Book Value per Share Ratio

Trulieve Cannabis has a P/B Ratio of 2.83. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.07% of the float of Trulieve Cannabis has been sold short.

Short Interest Ratio / Days to Cover

Trulieve Cannabis has a short interest ratio ("days to cover") of 3.37, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Trulieve Cannabis has recently decreased by 47.07%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Trulieve Cannabis does not currently pay a dividend.

Dividend Growth

Trulieve Cannabis does not have a long track record of dividend growth.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.30

News Sentiment

Trulieve Cannabis has a news sentiment score of 0.30. 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 0.57 average news sentiment score of Healthcare companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for Trulieve Cannabis this week, compared to 2 articles on an average week.

Search Interest

Only 3 people have searched for TRLV on MarketBeat in the last 30 days. This is a decrease of -57% compared to the previous 30 days.

MarketBeat Follows

7 people have added Trulieve Cannabis to their MarketBeat watchlist in the last 30 days. This is an increase of 600% compared to the previous 30 days.

Company Ownership

• Score: 0.1 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Trulieve Cannabis insiders have not sold or bought any company stock.

Percentage Held by Insiders

3.79% of the stock of Trulieve Cannabis is held by insiders.

Percentage Held by Institutions

Trulieve Cannabis has minimal institutional ownership at this time.

Company Calendar

• Last Earnings: 11/05/2026
• Today: 11/11/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Healthcare
• Industry: Pharmaceuticals
• Sub-Industry: Pharmaceuticals
• Current Symbol: NYSE:TRLV
• CIK: 1754195
• Web: trulieve.com
• Phone: (850) 298-8866
• Fax: N/A
• Employees: 5,000
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Trulieve Cannabis: $15.00
• High Price Target: $15.00
• Low Price Target: $15.00
• Potential Upside/Downside: +35.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.20
• Trailing P/E Ratio: 55.23
• Forward P/E Ratio: 24.01
• P/E Growth: N/A
• Net Income: -$116.38 million
• Net Margins: -41.22%
• Pretax Margin: -30.36%
• Return on Equity: -0.34%
• Return on Assets: -0.14%

Debt

• Debt-to-Equity Ratio: 0.45
• Current Ratio: 5.52
• Quick Ratio: 3.65

Sales & Book Value

• Annual Sales: $1.08 billion
• Price / Sales: 1.97
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $4.01 per share
• Price / Book: 2.75

Miscellaneous

• Outstanding Shares: 192,565,000
• Free Float: 185,267,000
• Market Cap: $2.13 billion
• Optionable: Optionable
• Beta: N/A