Verano (VRNOF) Stock Price, News & Analysis

Company Overview

Verano Holdings Corp. operates as a vertically-integrated multi-state cannabis operator in the United States. The company produces and sells a suite of cannabis products under the portfolio of consumer brands, including Verano, Avexia, Encore, and MÜV. It designs, builds, and operates dispensaries under the Zen Leaf and MÜV retail brands that delivers a cannabis shopping experience in medical and adult-use markets. The company also holds, operates, manages, consults, licenses, and/or controls licenses/permits in the states of Illinois, Maryland, New Jersey, Massachusetts, Nevada, Ohio, Pennsylvania, Michigan, Arkansas, California, Missouri, and West Virginia; and engages in the wholesale of cannabis consumer packaged goods. Verano Holdings Corp. was founded in 2017 and is headquartered in Chicago, Illinois.

Key Stats

• Today's Range: $0.78 to $0.83
• 50-Day Range: $0.51 to $0.91
• 52-Week Range: $0.41 to $5.95
• Volume: 135,706 shs
• Average Volume: 541,699 shs
• Market Capitalization: $295.67 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Strong Buy

VRNOF Stock Analysis - Frequently Asked Questions

How have VRNOF shares performed this year?

Verano's stock was trading at $1.2450 on January 1st, 2025. Since then, VRNOF shares have decreased by 33.8% and is now trading at $0.8237.
View the best growth stocks for 2025 here.

How were Verano's earnings last quarter?

Verano Holdings Corp. (OTC:VRNOF) announced its quarterly earnings results on Thursday, November, 7th. The company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of ($0.03) by $0.09. The firm earned $216.68 million during the quarter, compared to analyst estimates of $226.64 million. Verano had a negative trailing twelve-month return on equity of 7.51% and a negative net margin of 16.31%.

How do I buy shares of Verano?

Shares of VRNOF 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.

Company Calendar

• Last Earnings: 11/07/2024
• Today: 5/02/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: OTC
• Sector: Medical
• Industry: Agricultural production - crops
• Sub-Industry: Agriculture
• Current Symbol: OTC:VRNOF
• CIK: 1848416
• Web: N/A
• Phone: (312) 265-0730
• Fax: N/A
• Employees: 3,900
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.97)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-117,350,000.00
• Net Margins: -16.31%
• Pretax Margin: -1.63%
• Return on Equity: -7.51%
• Return on Assets: -4.02%

Debt

• Debt-to-Equity Ratio: 0.40
• Current Ratio: 0.74
• Quick Ratio: 0.29

Sales & Book Value

• Annual Sales: $938.45 million
• Price / Sales: 0.32
• Cash Flow: $0.21 per share
• Price / Cash Flow: 3.84
• Book Value: $3.61 per share
• Price / Book: 0.23

Miscellaneous

• Outstanding Shares: 358,950,000
• Free Float: 321,619,000
• Market Cap: $295.67 million
• Optionable: N/A
• Beta: 1.07