OTCMKTS:VRNOF Verano (VRNOF) Stock Forecast, Price & News $4.70 +0.10 (+2.17%) (As of 05:46 PM ET) Add Compare Share Share Today's Range$4.55▼$4.7450-Day Range$2.60▼$5.2752-Week Range$2.53▼$6.18Volume164,668 shsAverage Volume304,821 shsMarket Capitalization$1.61 billionP/E RatioN/ADividend YieldN/APrice Target$20.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsHeadlinesSEC FilingsShort InterestProfileAnalyst RatingsChartCompetitorsEarningsFinancialsHeadlinesSEC FilingsShort Interest Verano MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside325.5% Upside$20.00 Price TargetShort InterestHealthy0.18% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.52Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.05) to $0.02 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.12 out of 5 stars 3.5 Analyst's Opinion Consensus RatingVerano has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $20.00, Verano has a forecasted upside of 325.5% from its current price of $4.70.Amount of Analyst CoverageVerano has only been the subject of 2 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted0.18% of the outstanding shares of Verano have been sold short.Short Interest Ratio / Days to CoverVerano has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Verano has recently decreased by 4.12%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldVerano does not currently pay a dividend.Dividend GrowthVerano does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for VRNOF. Previous Next 2.5 News and Social Media Coverage News SentimentVerano has a news sentiment score of 0.52. 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 WeekMarketBeat has tracked 2 news articles for Verano this week, compared to 1 article on an average week.Search Interest3 people have searched for VRNOF on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Verano to their MarketBeat watchlist in the last 30 days. This is a decrease of -57% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Verano insiders have not sold or bought any company stock.Percentage Held by Insiders18.90% of the stock of Verano is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 16.87% of the stock of Verano is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Verano are expected to grow in the coming year, from ($0.05) to $0.02 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Verano is -5.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Verano is -5.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioVerano has a P/B Ratio of 1.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Verano (OTCMKTS:VRNOF) StockVerano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. The company engages in the cultivation, processing, wholesale, and retail distribution of cannabis in Arizona, Arkansas, California, Connecticut, Florida, Illinois, Maryland, Massachusetts, Michigan, Missouri, Nevada, New Jersey, Ohio, Pennsylvania, and West Virginia. It offers artisanal cannabis products under the Encore, Avexia, MUV, Savvy, BITS, and Verano brands for medical and adult-use markets. The company is headquartered in Chicago, Illinois.Read More VRNOF Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart VRNOF Stock News HeadlinesSeptember 21, 2023 | markets.businessinsider.comRussian Ties Put Alabama Cannabis Regulators In Hot WaterSeptember 18, 2023 | markets.businessinsider.comVerano Launches Round Up for Cannabis Reform Dispensary Donation Program Benefitting The Weldon Project’s Mission GreenSeptember 22, 2023 | Chaikin Analytics (Ad)This Stock Could Go Up 66% or More.Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023. Click here to get his latest buy. More here.September 15, 2023 | americanbankingnews.comVerano (OTCMKTS:VRNOF) Shares Up 2.4%September 14, 2023 | markets.businessinsider.comCongressional Research Service Foresees Potential DEA Endorsement Of Marijuana ReschedulingSeptember 12, 2023 | proactiveinvestors.comAurora Cannabis shines despite investor retreat from cannabis MSOsSeptember 7, 2023 | finance.yahoo.comVerano Announces Upcoming Conference ParticipationSeptember 5, 2023 | markets.businessinsider.comEXCLUSIVE: Cannabis Tipping Point, Verano CEO Weighs In On HHS Rescheduling ProposalSeptember 22, 2023 | Chaikin Analytics (Ad)This Stock Could Go Up 66% or More.Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023. Click here to get his latest buy. More here.August 15, 2023 | benzinga.comTeamsters Reach Monumental Contract With A Large Cannabis Operator, And This Is Just The BeginningAugust 11, 2023 | markets.businessinsider.comVerano Holdings Is Left Out Of Alabama's Ever-Shifting Medical Marijuana Licensing ProcessAugust 8, 2023 | msn.comVerano Holdings Corp. (VRNOF) Reports Q2 Loss, Tops Revenue EstimatesAugust 8, 2023 | markets.businessinsider.comHaywood Remains a Buy on Verano Holdings (VRNOF)August 8, 2023 | markets.businessinsider.comEchelon Wealth Partners Sticks to Its Buy Rating for Verano Holdings (VRNOF)August 8, 2023 | markets.businessinsider.comVerano Q2 Revenue Grows 5% YoY, What About Adjusted EBITDA?August 8, 2023 | finance.yahoo.comVerano Announces Second Quarter 2023 Financial ResultsJuly 20, 2023 | finanznachrichten.deVerano Holdings Corp.: Verano Announces Appointment of John Tipton and Charles Mueller to Board of DirectorsJuly 20, 2023 | finance.yahoo.comVerano Announces Appointment of John Tipton and Charles Mueller to Board of DirectorsJuly 7, 2023 | markets.businessinsider.comVerano Holdings (VRNOF) Initiated with a Buy at ATB Capital MarketsJuly 6, 2023 | markets.businessinsider.comEchelon Wealth Partners Reaffirms Their Buy Rating on Verano Holdings (VRNOF)July 6, 2023 | finance.yahoo.comVerano Announces the Opening of MÜV Fort Pierce, the Company’s 70th Florida Dispensary and 131st Retail Location NationwideJune 30, 2023 | finance.yahoo.comVerano to Welcome Cannabis Customers at Zen Leaf Retail Locations on July 1 to Commemorate Historic Launch of Adult Use Sales in MarylandJune 29, 2023 | finance.yahoo.comVerano to Report Second Quarter 2023 Financial Results on August 8, 2023June 29, 2023 | finance.yahoo.comVerano Continues Florida Retail Expansion with Opening of MÜV Venice, the Company’s 69th Florida Location and 130th Retail Location in the NationJune 14, 2023 | finance.yahoo.comVerano Introduces On The Rocks, New Multi-Format Brand Anchored Around Solventless Extraction Methods, Across Core MarketsJune 12, 2023 | markets.businessinsider.comVerano Holdings Corp. Secures Highly Coveted License To Expand Operations In AlabamaJune 12, 2023 | benzinga.comVerano to Introduce Best-in-Class Operations in Alabama Market after Winning Coveted Vertical LicenseSee More Headlines Receive VRNOF Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Verano and its competitors with MarketBeat's FREE daily newsletter. Email Address VRNOF Company Calendar Last Earnings8/08/2023Today9/22/2023Next Earnings (Estimated)11/13/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeOTCMKTS Industry Agricultural production - crops Sub-IndustryN/A SectorMedical Current SymbolOTCMKTS:VRNOF CUSIPN/A CIK1848416 Webwww.verano.com Phone312-265-0730FaxN/AEmployees3,780Year FoundedN/APrice Target and Rating Average Stock Price Forecast$20.00 High Stock Price Forecast$30.00 Low Stock Price Forecast$10.00 Forecasted Upside/Downside+334.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($0.85) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-269,160,000.00 Net Margins-30.76% Pretax Margin-17.11% Return on Equity-3.72% Return on Assets-2.12% Debt Debt-to-Equity Ratio0.36 Current Ratio0.92 Quick Ratio0.50 Sales & Book Value Annual Sales$879.41 million Price / Sales1.80 Cash Flow$0.33 per share Price / Cash Flow13.82 Book Value$3.95 per share Price / Book1.16Miscellaneous Outstanding Shares343,520,000Free Float278,596,000Market Cap$1.58 billion OptionableNot Optionable Beta1.67 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. George P. Archos (Age 44)Founder, Chairman & CEO Comp: $517.25kMr. Darren Weiss Esq. (Age 39)Pres Comp: $481.69kMr. John Allen Tipton (Age 62)Pres of Southern Region & Director Comp: $6.8MMr. Samuel DorfCo-Founder & Chief Growth OfficerMr. Brett Summerer (Age 46)Chief Financial Officer Mr. Edward Aloysious McDermott IIIChief Operating OfficerMr. Aaron Miles (Age 44)Chief Investment Officer Julianna Paterra C.F.A.VP of Investor RelationsLaura Marie KalesnikChief Legal Officer, Gen. Counsel & Sec.Mr. David Spreckman (Age 32)Chief Marketing Officer More ExecutivesKey CompetitorsGreen Thumb IndustriesOTCMKTS:GTBIFTerrAscendOTCMKTS:TSNDFTerrAscendOTCMKTS:TRSSFAlphatecNASDAQ:ATECVericelNASDAQ:VCELView All Competitors VRNOF Stock - Frequently Asked Questions Should I buy or sell Verano stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Verano in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" VRNOF shares. View VRNOF analyst ratings or view top-rated stocks. What is Verano's stock price forecast for 2023? 4 brokers have issued 1-year price targets for Verano's shares. Their VRNOF share price forecasts range from $10.00 to $30.00. On average, they predict the company's stock price to reach $20.00 in the next year. This suggests a possible upside of 334.8% from the stock's current price. View analysts price targets for VRNOF or view top-rated stocks among Wall Street analysts. How have VRNOF shares performed in 2023? Verano's stock was trading at $3.12 at the beginning of the year. Since then, VRNOF stock has increased by 47.4% and is now trading at $4.60. View the best growth stocks for 2023 here. When is Verano's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023. View our VRNOF earnings forecast. How were Verano's earnings last quarter? Verano Holdings Corp. (OTCMKTS:VRNOF) announced its earnings results on Tuesday, August, 8th. The company reported ($0.04) EPS for the quarter, missing analysts' consensus estimates of ($0.02) by $0.02. The firm earned $234.12 million during the quarter, compared to the consensus estimate of $230.71 million. Verano had a negative net margin of 30.76% and a negative trailing twelve-month return on equity of 3.72%. What is Verano's stock symbol? Verano trades on the OTCMKTS under the ticker symbol "VRNOF." 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Verano's stock price today? One share of VRNOF stock can currently be purchased for approximately $4.60. How much money does Verano make? Verano (OTCMKTS:VRNOF) has a market capitalization of $1.58 billion and generates $879.41 million in revenue each year. The company earns $-269,160,000.00 in net income (profit) each year or ($0.85) on an earnings per share basis. How many employees does Verano have? The company employs 3,780 workers across the globe. How can I contact Verano? The official website for the company is www.verano.com. The company can be reached via phone at 312-265-0730 or via email at julianna.paterra@verano.com. This page (OTCMKTS:VRNOF) was last updated on 9/22/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Verano Holdings Corp. Please log in to your account or sign up in order to add this asset to your watchlist. 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