OTCMKTS:GTBIF

Green Thumb Industries - GTBIF Stock Forecast, Price & News

$7.91

-0.04 (-0.50%)

(As of 03/30/2023 12:00 AM ET)

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Today's Range: $7.80
▼
$7.99
50-Day Range: $7.48
▼
$9.05
52-Week Range: $7.40
▼
$19.51

Volume: 140,606 shs
Average Volume: 447,835 shs
Market Capitalization: $1.87 billion

P/E Ratio: 197.80
Dividend Yield: N/A
Price Target: $23.25

Institutional Ownership

Headlines

SEC Filings

Short Interest

Green Thumb Industries MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.88 Rating Score
Upside/Downside: 193.9% Upside
$23.25 Price Target
Short Interest: Healthy
0.06% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.50
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 40.74%
From $0.27 to $0.38 Per Share

Overall MarketRank^™

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

2.08 out of 5 stars

3.4

Analyst's Opinion

Consensus Rating
Green Thumb Industries has received a consensus rating of Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $23.25, Green Thumb Industries has a forecasted upside of 193.9% from its current price of $7.91.
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
0.06% 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 0.1, 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 9.91%, 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.

0.8

News and Social Media Coverage

News Sentiment
Green Thumb Industries has a news sentiment score of -0.50. 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 0.61 average news sentiment score of Medical companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Green Thumb Industries this week, compared to 2 articles on an average week.
Search Interest
Only 16 people have searched for GTBIF on MarketBeat in the last 30 days. This is a decrease of -60% 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 -33% 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 0.15% of the stock of Green Thumb Industries is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Green Thumb Industries are expected to grow by 40.74% in the coming year, from $0.27 to $0.38 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Green Thumb Industries is 197.80, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 129.35.
Price to Earnings Ratio vs. Sector
The P/E ratio of Green Thumb Industries is 197.80, which means that it is trading at a more expensive P/E ratio than the Medical sector average P/E ratio of about 156.37.
Price to Book Value per Share Ratio
Green Thumb Industries has a P/B Ratio of 1.12. 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

March 29, 2023 | finance.yahoo.com

Green Thumb Industries to Hold First Quarter 2023 Earnings Conference Call on May 3, 2023

March 22, 2023 | americanbankingnews.com

Brokerages Set Green Thumb Industries Inc. (OTCMKTS:GTBIF) PT at $23.25

March 30, 2023 | Investing Daily (Ad)

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March 7, 2023 | msn.com

2 Reasons to Buy Green Thumb and 1 Reason Not to

March 3, 2023 | benzinga.com

Green Thumb Industries Stock (OTC:GTBIF), Short Interest Report

March 3, 2023 | msn.com

Green Thumb Industries Kicks Off Marijuana Earnings Season: This Week in Cannabis Investing

March 1, 2023 | markets.businessinsider.com

Investors Would Do Well Buying This Cannabis Stock Despite Depressed Sector Valuations, Analyst Explains Why

March 1, 2023 | msn.com

Cannabis company Green Thumb beats revenue estimate but posts loss on noncash impairment

March 30, 2023 | Investing Daily (Ad)

A 100% Win Rate In 2022…

March 1, 2023 | benzinga.com

A Preview Of Green Thumb Industries's Earnings

March 1, 2023 | msn.com

Green Thumb Industries Non-GAAP EPS of $0.05 misses by $0.01, revenue of $259.3M beats by $2.75M

March 1, 2023 | msn.com

Green Thumb Industries Inc. (GTBIF) Q4 Earnings Lag Estimates

March 1, 2023 | finance.yahoo.com

Green Thumb Industries Reports Fourth Quarter and Full Year 2022 Results

February 27, 2023 | msn.com

Green Thumb Industries Still Among 'Best-Managed MSOs,' Analyst On What To Expect From Q4 Earnings

February 10, 2023 | finance.yahoo.com

Cantor Fitzgerald initiates coverage of three cannabis stocks, with Verano drawing higher rating

February 7, 2023 | msn.com

Is It Too Late to Buy Green Thumb Industries Stock?

February 2, 2023 | seekingalpha.com

Green Thumb Industries: Best Of Breed In U.S. Cannabis

January 26, 2023 | seekingalpha.com

Green Thumb Industries: Distributing Brands At Scale

January 24, 2023 | finance.yahoo.com

Green Thumb Industries to Hold Fourth Quarter and Full Year 2022 Earnings Conference Call on February 28, 2023

January 11, 2023 | msn.com

The 4 Best Marijuana Stocks to Buy in 2023

December 28, 2022 | msn.com

Why Curaleaf and Green Thumb Stocks Flopped Today

December 21, 2022 | markets.businessinsider.com

This Cannabis Multi-State Operator Was The Only One With Solid Profits In The Last Quarter

December 13, 2022 | finance.yahoo.com

Green Thumb Industries Announces Expansion of Executive Leadership Team

December 5, 2022 | msn.com

Why Green Thumb Industries Stock Shot Higher Today

December 5, 2022 | benzinga.com

Where Do Tier-One Cannabis Valuation Multiples Go From Here?

December 5, 2022 | finance.yahoo.com

Cannabis stocks rally after President Biden signs research bill and reports of SAFE Banking measure advancing

November 30, 2022 | finance.yahoo.com

Green Thumb Industries Announces Conference Participation for December 2022

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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GTBIF Company Calendar

Last Earnings: 3/16/2021
Today: 3/30/2023
Next Earnings (Estimated): 5/02/2023
Fiscal Year End: 12/31/2023

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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: 3,800
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $23.25
High Stock Price Forecast: $30.00
Low Stock Price Forecast: $12.00
Forecasted Upside/Downside: +193.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.88
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.04
Trailing P/E Ratio: 197.80
Forward P/E Ratio: 29.30
P/E Growth: N/A
Net Income: $11.98 million
Net Margins: 1.18%
Pretax Margin: 10.66%
Return on Equity: 4.46%
Return on Assets: 3.08%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.40
Quick Ratio: 1.61

Sales & Book Value

Annual Sales: $1.02 billion
Price / Sales: 1.84
Cash Flow: $0.73 per share
Price / Cash Flow: 10.82
Book Value: $7.05 per share
Price / Book: 1.12

Miscellaneous

Outstanding Shares: 236,360,000
Free Float: 209,935,000
Market Cap: $1.87 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

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

Ms. Dina Rollman (Age 49)
Sr. VP of Gov. & Regulatory Affairs

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 twelve months. There are currently 1 hold rating and 7 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 2023?: 8 Wall Street analysts have issued 1-year price targets for Green Thumb Industries' stock. Their GTBIF share price forecasts range from $12.00 to $30.00. On average, they expect the company's stock price to reach $23.25 in the next twelve months. This suggests a possible upside of 193.9% 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 2023?: Green Thumb Industries' stock was trading at $8.64 at the start of the year. Since then, GTBIF stock has decreased by 8.4% and is now trading at $7.91.
View the best growth stocks for 2023 here.
Are investors shorting Green Thumb Industries?: Green Thumb Industries saw a increase in short interest in March. As of March 15th, there was short interest totaling 139,700 shares, an increase of 9.9% from the February 28th total of 127,100 shares. Based on an average daily volume of 1,490,500 shares, the days-to-cover ratio is presently 0.1 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, May 2nd 2023.
View our GTBIF earnings forecast.
How were Green Thumb Industries' earnings last quarter?: Green Thumb Industries Inc. (OTCMKTS:GTBIF) posted its earnings results on Tuesday, March, 16th. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.06 by $0.05. Green Thumb Industries had a net margin of 1.18% and a trailing twelve-month return on equity of 4.46%.
Read the conference call transcript.

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 $7.91.
How much money does Green Thumb Industries make?: Green Thumb Industries (OTCMKTS:GTBIF) has a market capitalization of $1.87 billion and generates $1.02 billion in revenue each year. The company earns $11.98 million in net income (profit) each year or $0.04 on an earnings per share basis.
How many employees does Green Thumb Industries have?: The company employs 3,800 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 3/30/2023 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

Overall MarketRank^™