OTCMKTS:GTBIF

Green Thumb Industries - GTBIF Stock Forecast, Price & News

$9.99

-0.66 (-6.20%)

(As of 09/23/2022 08:57 PM ET)

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Today's Range: $9.85
▼
$10.44
50-Day Range: $9.12
▼
$13.69
52-Week Range: $7.72
▼
$28.90

Volume: 390,500 shs
Average Volume: 412,633 shs
Market Capitalization: $2.36 billion

P/E Ratio: 24.98
Dividend Yield: N/A
Price Target: $36.44

Green Thumb Industries MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 264.8% Upside
$36.44 Price Target
Short Interest: Healthy
0.18% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.00
Based on 14 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 24.32%
From $0.37 to $0.46 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.41 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Green Thumb Industries has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 8 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $36.44, Green Thumb Industries has a forecasted upside of 264.8% from its current price of $9.99.
Amount of Analyst Coverage
Green Thumb Industries has only been the subject of 3 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.18% of the outstanding shares of Green Thumb Industries have been sold short.
Short Interest Ratio / Days to Cover
Green Thumb Industries has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Green Thumb Industries has recently increased by 79.83%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Green Thumb Industries does not currently pay a dividend.
Dividend Growth
Green Thumb Industries does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GTBIF.

1.1

News and Social Media Coverage

News Sentiment
Green Thumb Industries has a news sentiment score of 0.00. 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 0.37 average news sentiment score of Medical companies.
News Coverage This Week
MarketBeat has tracked 14 news articles for Green Thumb Industries this week, compared to 1 article on an average week.
Search Interest
Only 17 people have searched for GTBIF on MarketBeat in the last 30 days. This is a decrease of -45% compared to the previous 30 days.
MarketBeat Follows
Only 8 people have added Green Thumb Industries to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Green Thumb Industries insiders have not sold or bought any company stock.
Percentage Held by Insiders
11.18% of the stock of Green Thumb Industries is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 0.21% of the stock of Green Thumb Industries is held by institutions.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Green Thumb Industries are expected to grow by 24.32% in the coming year, from $0.37 to $0.46 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Green Thumb Industries is 24.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 109.66.
Price to Earnings Ratio vs. Sector
The P/E ratio of Green Thumb Industries is 24.98, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 74.74.
Price to Book Value per Share Ratio
Green Thumb Industries has a P/B Ratio of 1.41. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Green Thumb Industries (OTCMKTS:GTBIF) Stock

Green Thumb Industries Inc. engages in manufacture, distribution, and sale of various cannabis products for medical and adult-use in the United States. It offers cannabis flower; and processed and packaged products, including pre-rolls, concentrates, vapes, tinctures, edibles, topicals, and other cannabis-related products under the Beboe, Dogwalkers, Doctor Solomon's, Good Green, incredibles, and RHYTHM brands. The company distributes its products primarily to third-party retail stores, as well as sells finished products directly to consumers in its own retail stores. As of April 11, 2022, it owned and operated 77 retail stores in the United States. The company was founded in 2014 and is headquartered in Chicago, Illinois.

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GTBIF Stock News Headlines

September 26, 2022 | americanbankingnews.com

Green Thumb Industries (GTBIF) and The Competition Head to Head Review

September 26, 2022 | americanbankingnews.com

Analyzing Green Thumb Industries (GTBIF) & Its Peers

September 24, 2022 | americanbankingnews.com

Green Thumb Industries (GTBIF) & Its Peers Critical Analysis

September 24, 2022 | americanbankingnews.com

Green Thumb Industries (GTBIF) & The Competition Head to Head Analysis

September 23, 2022 | americanbankingnews.com

Financial Review: Green Thumb Industries (GTBIF) versus Its Competitors

September 22, 2022 | msn.com

Medical Cannabis Producer Sues Minnesota Over New Edibles Law

September 22, 2022 | americanbankingnews.com

Green Thumb Industries (GTBIF) and The Competition Head to Head Contrast

September 22, 2022 | americanbankingnews.com

Financial Contrast: Green Thumb Industries (GTBIF) and Its Peers

September 21, 2022 | americanbankingnews.com

Contrasting Green Thumb Industries (GTBIF) and The Competition

September 21, 2022 | americanbankingnews.com

Head-To-Head Contrast: Green Thumb Industries (GTBIF) & The Competition

September 21, 2022 | americanbankingnews.com

Contrasting Green Thumb Industries (GTBIF) & The Competition

September 20, 2022 | americanbankingnews.com

Head to Head Survey: Green Thumb Industries (GTBIF) versus Its Competitors

September 20, 2022 | americanbankingnews.com

Green Thumb Industries (GTBIF) and Its Competitors Financial Comparison

September 18, 2022 | americanbankingnews.com

Green Thumb Industries (GTBIF) vs. Its Competitors Head-To-Head Contrast

September 18, 2022 | americanbankingnews.com

Head-To-Head Contrast: Green Thumb Industries (GTBIF) vs. Its Competitors

September 17, 2022 | americanbankingnews.com

Green Thumb Industries Inc. (OTCMKTS:GTBIF) Short Interest Update

September 16, 2022 | americanbankingnews.com

Green Thumb Industries (GTBIF) and Its Rivals Head to Head Survey

September 12, 2022 | seekingalpha.com

A $10 Million Loss? Never Sell (Buyandhold 2012) Vs. Selectively Sell

August 11, 2022 | msn.com

Looking Into Green Thumb Industries Return On Capital Employed

August 4, 2022 | uk.investing.com

Green Thumb Industries Inc (GTBIF)

August 4, 2022 | seekingalpha.com

Green Thumb Industries Inc. (GTBIF) CEO Ben Kovler on Q2 2022 Results - Earnings Call Transcript

August 3, 2022 | investing.com

Green Thumb's quarterly cannabis sales get New Jersey high

August 3, 2022 | finance.yahoo.com

Green Thumb Industries Reports Second Quarter 2022 Results

August 2, 2022 | msn.com

Earnings Preview: Green Thumb Industries

July 27, 2022 | finance.yahoo.com

Analysts Estimate Green Thumb Industries Inc. (GTBIF) to Report a Decline in Earnings: What to Look Out for

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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GTBIF Company Calendar

Last Earnings: 8/03/2022
Today: 9/26/2022
Next Earnings (Estimated): 11/08/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Agricultural production - crops
Sub-Industry: N/A
Sector: Medical
Current Symbol: OTCMKTS:GTBIF
CUSIP: N/A
CIK: 1795139
Web: www.gtigrows.com
Phone: 312-471-6720
Fax: N/A
Employees: 3,700
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $36.44
High Stock Price Forecast: $73.00
Low Stock Price Forecast: $20.00
Forecasted Upside/Downside: +264.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.40
Trailing P/E Ratio: 24.98
Forward P/E Ratio: 27.00
P/E Growth: N/A
Net Income: $75.44 million
Net Margins: 9.89%
Pretax Margin: 23.94%
Return on Equity: 6.02%
Return on Assets: 4.11%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.36
Quick Ratio: 1.43

Sales & Book Value

Annual Sales: $893.56 million
Price / Sales: 2.64
Cash Flow: $0.63 per share
Price / Cash Flow: 15.85
Book Value: $7.10 per share
Price / Book: 1.41

Miscellaneous

Outstanding Shares: 236,203,000
Free Float: 209,796,000
Market Cap: $2.36 billion
Optionable: Not Optionable
Beta: N/A

Key Executives

Mr. Benjamin Kovler (Age 43)
Founder, Chairman & CEO
Comp: $1.21M

Mr. Anthony Georgiadis (Age 44)
CFO & Director
Comp: $1.04M

Ms. Beth Elaine Burk (Age 58)
Gen. Counsel & Sec.
Comp: $535.68k

Mr. Mathew Faulkner (Age 49)
Chief Accounting Officer

Mr. Swadheen Sehgal
Chief Information Officer

Mr. Andrew Laurence Grossman (Age 48)
EVP of Capital Markets & Investor Relations

Ms. Linda Marsicano (Age 54)
VP of Communications

Mr. Daniel Shaker (Age 51)
Sr. VP of National Sales

Ms. Kate Denton
Sr. VP of Marketing

Mr. Bret Kravitz (Age 42)
Chief Corp. Counsel

Key Competitors

View All Competitors

GTBIF Stock - Frequently Asked Questions

Should I buy or sell Green Thumb Industries stock right now?: 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Green Thumb Industries in the last year. There are currently 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GTBIF shares.
View GTBIF analyst ratings or view top-rated stocks.
What is Green Thumb Industries' stock price forecast for 2022?: 8 Wall Street analysts have issued twelve-month price targets for Green Thumb Industries' shares. Their GTBIF share price forecasts range from $20.00 to $73.00. On average, they predict the company's stock price to reach $36.44 in the next year. This suggests a possible upside of 264.8% from the stock's current price.
View analysts price targets for GTBIF or view top-rated stocks among Wall Street analysts.
How have GTBIF shares performed in 2022?: Green Thumb Industries' stock was trading at $22.16 at the start of the year. Since then, GTBIF shares have decreased by 54.9% and is now trading at $9.99.
View the best growth stocks for 2022 here.
Are investors shorting Green Thumb Industries?: Green Thumb Industries saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 428,900 shares, an increase of 79.8% from the August 15th total of 238,500 shares. Based on an average trading volume of 1,283,700 shares, the short-interest ratio is presently 0.3 days.
View Green Thumb Industries' Short Interest.
When is Green Thumb Industries' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 8th 2022.
View our GTBIF earnings forecast.

How were Green Thumb Industries' earnings last quarter?: Green Thumb Industries Inc. (OTCMKTS:GTBIF) announced its quarterly earnings results on Wednesday, August, 3rd. The company reported $0.10 earnings per share for the quarter, beating analysts' consensus estimates of $0.05 by $0.05. The firm earned $254.31 million during the quarter, compared to the consensus estimate of $246.37 million. Green Thumb Industries had a net margin of 9.89% and a trailing twelve-month return on equity of 6.02%.
What is Green Thumb Industries' stock symbol?: Green Thumb Industries trades on the OTCMKTS under the ticker symbol "GTBIF."
How do I buy shares of Green Thumb Industries?: Shares of GTBIF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Green Thumb Industries' stock price today?: One share of GTBIF stock can currently be purchased for approximately $9.99.
How much money does Green Thumb Industries make?: Green Thumb Industries (OTCMKTS:GTBIF) has a market capitalization of $2.36 billion and generates $893.56 million in revenue each year. The company earns $75.44 million in net income (profit) each year or $0.40 on an earnings per share basis.
How many employees does Green Thumb Industries have?: The company employs 3,700 workers across the globe.
How can I contact Green Thumb Industries?: Green Thumb Industries' mailing address is 325 West Huron Street, Chicago, IL 60654. The official website for the company is www.gtigrows.com. The company can be reached via phone at 312-471-6720 or via email at 0.

This page (OTCMKTS:GTBIF) was last updated on 9/26/2022 by MarketBeat.com Staff

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Green Thumb Industries - GTBIF Stock Forecast, Price & News

Green Thumb Industries MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Green Thumb Industries (OTCMKTS:GTBIF) Stock

GTBIF Stock News Headlines

GTBIF Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

GTBIF Stock - Frequently Asked Questions

MarketBeat Resources

Premium Research Tools

Market Data and Calendars

Investing Education and Resources

Overall MarketRank^™