Trulieve Cannabis (TRLV) Stock Price, News & Analysis

Company Overview

Trulieve Cannabis Corp. is a vertically integrated cannabis company focused on the cultivation, processing, and retail sale of medical and adult-use cannabis products. The company offers a range of products that may include flower, pre-rolls, concentrates, edibles, vape products, and topicals through its dispensary network and branded product portfolio.

Trulieve’s operations have been centered primarily in the United States, with a strong presence in Florida and additional markets in other states where cannabis is legally regulated. The company has expanded through a combination of organic growth and strategic acquisitions as part of its effort to broaden its retail footprint and product reach.

The company was founded in 2015 and has grown into one of the more recognized cannabis operators in the U.S. market. Trulieve is led by management with experience in cannabis operations, retail, and regulatory compliance, supporting its focus on cultivation, distribution, and customer-facing dispensary operations.

Key Stats

• Today's Range: $8.15 to $8.60
• 50-Day Range: N/A
• 52-Week Range: $4.19 to $13.28
• Volume: 783,166 shs
• Average Volume: 632,581 shs
• Market Capitalization: $1.60 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $15.00
• Consensus Rating: Hold

Trulieve Cannabis Stock Analysis - MarketRank™

Trulieve Cannabis scored higher than 58% of companies evaluated by MarketBeat, and ranked 45th out of 93 stocks in the manufacturing sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.6 / 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 80.0% upside from its current price of $8.33.

Amount of Analyst Coverage

Trulieve Cannabis has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: N/A
• Proj. Earnings Growth: N/A

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.91% 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 1.66, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Trulieve Cannabis has recently increased by 115.09%, indicating that investor sentiment is decreasing 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: 0.6 / 5
• News Sentiment: -1.00

News Sentiment

Trulieve Cannabis has a news sentiment score of -1.00. 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 1.05 average news sentiment score of Manufacturing companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Trulieve Cannabis this week, compared to 1 article on an average week.

MarketBeat Follows

Only 7 people have added Trulieve Cannabis to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Trulieve Cannabis insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $14,661,355.00 in 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.

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Manufacturing
• Industry: Medicinal Chemicals
• Sub-Industry: Pharmaceutical Products
• Current Symbol: NYSE:TRLV
• CIK: 1754195
• Web: N/A
• Phone: (850) 298-8866
• Fax: N/A
• Employees: 9,000
• 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: +80.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $1.17 billion
• Price / Sales: 1.37
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 192,307,000
• Free Float: N/A
• Market Cap: $1.60 billion
• Optionable: N/A
• Beta: N/A