OTCMKTS:TCNNF

Trulieve Cannabis - TCNNF Stock Forecast, Price & News

$13.12

+0.61 (+4.88%)

(As of 08/5/2022 08:50 PM ET)

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Today's Range: $12.48
▼
$13.22
50-Day Range: $11.27
▼
$14.79
52-Week Range: $10.95
▼
$34.75

Volume: 196,500 shs
Average Volume: 338,043 shs
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $69.63

Trulieve Cannabis MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 430.7% Upside
$69.63 Price Target
Short Interest: Healthy
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.32
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

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

2.82 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Trulieve Cannabis 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 $69.63, Trulieve Cannabis has a forecasted upside of 430.7% from its current price of $13.12.
Amount of Analyst Coverage
Trulieve Cannabis has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
Trulieve Cannabis has a short interest ratio ("days to cover") of 0.6, 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 19.16%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Trulieve Cannabis does not currently pay a dividend.
Dividend Growth
Trulieve Cannabis 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 TCNNF.

2.4

News and Social Media Coverage

News Sentiment
Trulieve Cannabis has a news sentiment score of 0.32. 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 news sentiment score is similar to the average news sentiment of Medical companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Trulieve Cannabis this week, compared to 3 articles on an average week.
Search Interest
27 people have searched for TCNNF on MarketBeat in the last 30 days. This is an increase of 8% compared to the previous 30 days.
MarketBeat Follows
Only 16 people have added Trulieve Cannabis to their MarketBeat watchlist in the last 30 days. This is a decrease of -6% compared to the previous 30 days.

N/A

Company Ownership

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

N/A

Earnings and Valuation

See Top Rated MarketRank™ Stocks Here

About Trulieve Cannabis (OTCMKTS:TCNNF) Stock

Trulieve Cannabis Corp., together with its subsidiaries, operates as a medical cannabis company. It cultivates and produces products in-house and distributes its products to Trulieve branded stores (dispensaries) in Florida, as well as through home delivery. The company produces flower, edibles, vaporizer cartridges, concentrates, topicals, capsules, tinctures, dissolvable powders, and nasal sprays under the Avenue, Cultivar Collection, Muse, Modern Flower, Alchemy, Momenta, Sweet Talk, Co2lors, Loveli, and Roll One brands. As of March 16, 2022, it operated 162 dispensaries, which included 113 dispensaries in Florida, 19 affiliated dispensaries in Pennsylvania, 17 dispensaries in Arizona, five dispensaries in California, three dispensaries in Maryland, two dispensaries in Massachusetts, two dispensaries in West Virginia, and one dispensary in Connecticut. Trulieve Cannabis Corp. also operated cultivation and processing facilities in Arizona, Colorado, Florida, Maryland, Massachusetts, Nevada, Pennsylvania, and West Virginia. The company was formerly known as Schyan Exploration Inc. / Exploration Schyan Inc. and changed its name to Trulieve Cannabis Corp. in September 2018. Trulieve Cannabis Corp. was incorporated in 1940 and is headquartered in Quincy, Florida.

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TCNNF Stock News Headlines

August 5, 2022 | msn.com

Medical Marijuana In Florida: A Roundup Of What Cannabis Advocates Need To Know

August 2, 2022 | finance.yahoo.com

Trulieve Cannabis Corp. to Hold Second Quarter 2022 Results Conference Call on August 10, 2022

August 2, 2022 | finance.yahoo.com

Trulieve to Open its First Branded Dispensary in Arizona

August 1, 2022 | markets.businessinsider.com

Benzinga CEO Predicts $1B In Cannabis Deals Closing In Just 2 Days In September: Find Out Where And How!

July 22, 2022 | americanbankingnews.com

Trulieve Cannabis Corp. (OTCMKTS:TCNNF) Receives Average Rating of "Buy" from Brokerages

July 15, 2022 | finance.yahoo.com

Short positions ease back on cannabis stocks, but shares remain deeply in the red

July 14, 2022 | finance.yahoo.com

What It Takes To Become And Stay A Big Player In The Cannabis Industry, According To Trulieve's Kim Rivers

July 12, 2022 | benzinga.com

Trulieve Opens Medical Marijuana Dispensary In Hollywood, Florida

July 12, 2022 | au.investing.com

One-Time Cannabis Sector Bellwether Stock, Canopy, Continues To Struggle

July 11, 2022 | seekingalpha.com

Trulieve: Cannabis Is A Buy

July 8, 2022 | benzinga.com

Trulieve Files Registration Statement

July 8, 2022 | markets.businessinsider.com

CORRECTION: Trulieve Announces Registration Statement Filing

July 6, 2022 | finance.yahoo.com

Trulieve Announces Grand Opening of Hurricane, WV Medical Dispensary

July 2, 2022 | benzinga.com

Trulieve Opening Coral Springs, FL Medical...

June 30, 2022 | finance.yahoo.com

Cannabis debt holds up better than stocks in brutal 2022

June 30, 2022 | benzinga.com

This Marijuana Stock Has Outperformed Apple, Netflix, Amazon, Google And Berkshire Hathaway

June 23, 2022 | seekingalpha.com

Bipartisan legislation would allow cannabis companies to list on major stock exchanges

June 16, 2022 | seekingalpha.com

Attorney General Garland wants to 'conserve prosecutorial resources' in regards to marijuana

June 2, 2022 | finance.yahoo.com

Trulieve Celebrates Grand Opening of Medical Dispensary in Coatesville, PA

June 2, 2022 | finance.yahoo.com

Trulieve beats out Curaleaf for top Q1 revenue spot for U.S. cannabis companies

June 1, 2022 | markets.businessinsider.com

Top Cannabis Companies By Revenue In May, Marijuana Stocks To Check Out As Earnings Season Fades

May 31, 2022 | finance.yahoo.com

Trulieve Announces June 2022 Event Participation

May 26, 2022 | markets.businessinsider.com

Trulieve Executives Buying Their Company Shares, Here's What We Know

May 26, 2022 | finance.yahoo.com

Trulieve Cannabis CEO buys $202,300 worth of stock

May 25, 2022 | finanznachrichten.de

FinancialNewsMedia.com: M&A Activity In Cannabis Industry Picking Up Steam as Cannabis Market Projected to Reach $70 Billion by 2028

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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TCNNF Company Calendar

Last Earnings: 11/15/2021
Today: 8/08/2022
Next Earnings (Estimated): 8/10/2022

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Drug Manufacturers - Specialty & Generic
Sub-Industry: N/A
Sector: Medical
Current Symbol: OTCMKTS:TCNNF
CUSIP: N/A
CIK: 1754195
Web: www.trulieve.com
Phone: (850) 480-7955
Fax: N/A
Employees: 6,900
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $69.63
High Stock Price Forecast: $135.00
Low Stock Price Forecast: $47.00
Forecasted Upside/Downside: +430.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): 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: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

Key Executives

Ms. Kimberly Rivers (Age 44)
Founder, Chairman & CEO
Comp: $4.3M
Mr. Alex D'Amico CPA (Age 47)
Chief Financial Officer
Comp: $880.21k
Mr. Eric Raymond Powers III (Age 53)
J.D., Chief Legal Officer & Corp. Sec.
Comp: $720.21k
Mr. Steven Mathew White (Age 48)
Pres
Ms. Rebecca L. Young (Age 41)
VP & Chief Accounting Officer
Mr. Nilyum Jhala
Chief Technology Officer
Mr. Jason Barry Pernell (Age 44)
Chief Information Officer
Ms. Christine Hersey
Director of Investor Relations
Mr. Robert Kremer
Exec. Director of Corp. Communications
Ms. Victoria Walker (Age 37)
Director of Marketing & Community Relations

Key Competitors

View All Competitors

TCNNF Stock - Frequently Asked Questions

Should I buy or sell Trulieve Cannabis stock right now?: 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Trulieve Cannabis in the last year. There are currently 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Trulieve Cannabis stock.
View analyst ratings for Trulieve Cannabis or view top-rated stocks.
What is Trulieve Cannabis' stock price forecast for 2022?: 8 brokerages have issued 1 year price targets for Trulieve Cannabis' stock. Their TCNNF stock forecasts range from $47.00 to $135.00. On average, they predict Trulieve Cannabis' share price to reach $69.63 in the next twelve months. This suggests a possible upside of 430.7% from the stock's current price.
View analysts' price targets for Trulieve Cannabis or view top-rated stocks among Wall Street analysts.
How has Trulieve Cannabis' stock price performed in 2022?: Trulieve Cannabis' stock was trading at $26.01 at the beginning of the year. Since then, TCNNF shares have decreased by 49.6% and is now trading at $13.12.
View the best growth stocks for 2022 here.
Are investors shorting Trulieve Cannabis?: Trulieve Cannabis saw a decrease in short interest in the month of July. As of July 15th, there was short interest totaling 281,000 shares, a decrease of 19.2% from the June 30th total of 347,600 shares. Based on an average daily volume of 497,800 shares, the short-interest ratio is presently 0.6 days.
View Trulieve Cannabis' Short Interest.
When is Trulieve Cannabis' next earnings date?: Trulieve Cannabis is scheduled to release its next quarterly earnings announcement on Wednesday, August 10th 2022.
View our earnings forecast for Trulieve Cannabis.

How were Trulieve Cannabis' earnings last quarter?: Trulieve Cannabis Corp. (OTCMKTS:TCNNF) released its earnings results on Monday, November, 15th. The company reported $0.14 EPS for the quarter, missing analysts' consensus estimates of $0.27 by $0.13.
What guidance has Trulieve Cannabis issued on next quarter's earnings?: Trulieve Cannabis updated its FY 2022 earnings guidance on Thursday, June, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.30 billion-$1.40 billion, compared to the consensus revenue estimate of $1.35 billion.
What is Trulieve Cannabis' stock symbol?: Trulieve Cannabis trades on the OTCMKTS under the ticker symbol "TCNNF."
How do I buy shares of Trulieve Cannabis?: Shares of TCNNF 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 Trulieve Cannabis' stock price today?: One share of TCNNF stock can currently be purchased for approximately $13.12.
How many employees does Trulieve Cannabis have?: Trulieve Cannabis employs 6,900 workers across the globe.
How can I contact Trulieve Cannabis?: Trulieve Cannabis' mailing address is 6749 Ben Bostic Road, Quincy, FL 32351. The official website for Trulieve Cannabis is www.trulieve.com. The company can be reached via phone at (850) 480-7955.

This page (OTCMKTS:TCNNF) was last updated on 8/8/2022 by MarketBeat.com Staff

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Trulieve Cannabis - TCNNF Stock Forecast, Price & News

Trulieve Cannabis MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Consensus Rating

Price Target Upside/Downside

Amount of Analyst Coverage

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Dividend Yield

Dividend Growth

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

Insider Buying vs. Insider Selling

Earnings and Valuation

About Trulieve Cannabis (OTCMKTS:TCNNF) Stock

TCNNF Stock News Headlines

TCNNF Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

TCNNF Stock - Frequently Asked Questions

Should I buy or sell Trulieve Cannabis stock right now?

What is Trulieve Cannabis' stock price forecast for 2022?

How has Trulieve Cannabis' stock price performed in 2022?

Are investors shorting Trulieve Cannabis?

When is Trulieve Cannabis' next earnings date?

How were Trulieve Cannabis' earnings last quarter?

What guidance has Trulieve Cannabis issued on next quarter's earnings?

What is Trulieve Cannabis' stock symbol?

How do I buy shares of Trulieve Cannabis?

What is Trulieve Cannabis' stock price today?

How many employees does Trulieve Cannabis have?

How can I contact Trulieve Cannabis?

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