TSE:OGI Organigram (OGI) Stock Forecast, Price & News C$1.80 +0.03 (+1.69%) (As of 09/29/2023 08:55 PM ET) Add Compare Share Share Today's RangeC$1.76▼C$1.8050-Day RangeC$1.77▼C$2.5352-Week RangeC$1.70▼C$6.84Volume61,435 shsAverage Volume119,600 shsMarket CapitalizationC$144.90 millionP/E RatioN/ADividend YieldN/APrice TargetC$3.36 ProfileProfileAnalyst RatingsChartCompetitorsEarningsHeadlinesOptions ChainSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsHeadlinesOptions ChainSocial Media Organigram MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside86.5% UpsideC$3.36 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews Sentiment0.38Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee 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.2.19 out of 5 stars 3.5 Analyst's Opinion Consensus RatingOrganigram has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$3.36, Organigram has a forecasted upside of 86.5% from its current price of C$1.80.Amount of Analyst CoverageOrganigram has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for OGI. Previous Next 0.0 Dividend Strength Dividend YieldOrganigram does not currently pay a dividend.Dividend GrowthOrganigram 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 OGI. Previous Next 2.4 News and Social Media Coverage News SentimentOrganigram has a news sentiment score of 0.38. 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 0.69 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Organigram this week, compared to 1 article on an average week.Search Interest17 people have searched for OGI on MarketBeat in the last 30 days. This is an increase of 143% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Organigram insiders have not sold or bought any company stock.Percentage Held by Insiders19.01% of the stock of Organigram is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 9.82% of the stock of Organigram is held by institutions. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Organigram is -0.75, 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 Organigram is -0.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioOrganigram has a PEG Ratio of 0.42. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioOrganigram has a P/B Ratio of 0.48. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Organigram (TSE:OGI) StockOrganigram Holdings Inc., through its subsidiaries, engages in the production and sale of cannabis and cannabis-derived products in Canada. It offers medical cannabis products, including cannabis flowers, gummies, cannabis oils, and vaporizers for civilian patients and veterans; adult use recreational cannabis under the SHRED, Big Bag O' Buds, Monjour, SHRED'ems, Edison Cannabis Co., Edison JOLTS, Tremblant, and Laurentian brands; and cannabis edibles products and concentrates. The company also engages in the wholesale shipping of cannabis plant cuttings, dried flowers, blends, pre-rolls, and cannabis derivative-based products to retailers and wholesalers for adult-use recreational cannabis. It sells its products through online, as well as telephone channels. Organigram Holdings Inc. was incorporated in 2010 and is headquartered in Toronto, Canada.Read More OGI Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart OGI Stock News HeadlinesSeptember 30, 2023 | msn.comOrganigram Holdings: Earnings Growth Set To ContinueSeptember 25, 2023 | theglobeandmail.comLegal cannabis labels inflate THC potency contained in products, executives sayOctober 2, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.September 15, 2023 | finance.yahoo.comDigicann Ventures Announces Receipt of Last Portion of Final Earnout Milestone PaymentSeptember 1, 2023 | finance.yahoo.comOrganigram Announces Resignation of Board MemberAugust 28, 2023 | finance.yahoo.comOrganigram Launches First Range of THCV Products Derived from Moncton-Grown Whole FlowerJuly 14, 2023 | seekingalpha.comOrganigram Holdings reports Q3 results; initiates Q4 soft guidanceJuly 13, 2023 | finance.yahoo.comOrganigram Reports Third Quarter Fiscal 2023 ResultsOctober 2, 2023 | Behind the Markets (Ad)3 Words and a 3,000% ReturnIn October 2013, a scientist wrote 3 words on a piece of paper. They were simple words. A fiveyear-old could say them. But these three words could deliver you a 3,000% return in 2023 >>>July 12, 2023 | msn.comEarnings Outlook For OrganiGram HoldingsJuly 5, 2023 | finance.yahoo.comWill Organigram Holdings (TSE:OGI) Spend Its Cash Wisely?June 24, 2023 | fool.comOrganigram (TSX: OGI)June 8, 2023 | finance.yahoo.comThe Price Is Right For Organigram Holdings Inc. (TSE:OGI)May 25, 2023 | uk.finance.yahoo.comOGI - Organigram Holdings Inc.May 23, 2023 | msn.comOrganigram To Enter German Cannabis Market Via Sanity GroupMay 23, 2023 | finance.yahoo.comAgra Ventures Announces Receipt of Earnout Milestone PaymentMay 23, 2023 | finance.yahoo.comOrganigram to Enter German Market Supplying Sanity GroupMay 15, 2023 | msn.comOrganigram Is The Best Cannabis StockMay 10, 2023 | msn.comOrganigram Is Almost ThereApril 22, 2023 | theglobeandmail.comClosing Bell: Organigram Holdings Inc flat on Friday (OGI)April 19, 2023 | theglobeandmail.comClosing Bell: Organigram Holdings Inc up on Wednesday (OGI)April 14, 2023 | theglobeandmail.comClosing Bell: Organigram Holdings Inc down on Friday (OGI)April 12, 2023 | theglobeandmail.comClosing Bell: Organigram Holdings Inc down on Wednesday (OGI)April 12, 2023 | finance.yahoo.comWhy Organigram Holdings Stock Is Plummeting TodayApril 12, 2023 | msn.comWhy Organigram Shares Are Crashing TodayApril 12, 2023 | markets.businessinsider.comHaywood Remains a Hold on OrganiGram Holdings (OGI)April 12, 2023 | msn.comEarnings Preview For OrganiGram HoldingsSee More Headlines Receive OGI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Organigram and its competitors with MarketBeat's FREE daily newsletter. Email Address OGI Company Calendar Last Earnings7/13/2023Today10/01/2023Next Earnings (Estimated)11/27/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Drug Manufacturers—Specialty & Generic Sub-IndustryCannabis SectorMedical Current SymbolTSE:OGI CUSIPN/A CIKN/A Webwww.organigram.ca Phone844-644-4726FaxN/AEmployees923Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$3.36 High Stock Price ForecastC$6.50 Low Stock Price ForecastC$1.50 Forecasted Upside/Downside+86.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)C($2.39) Trailing P/E RatioN/A Forward P/E Ratio31.78 P/E Growth0.42Net IncomeC$-221,750,000.00 Net Margins-137.67% Pretax MarginN/A Return on Equity-54.53% Return on Assets-5.56% Debt Debt-to-Equity Ratio0.06 Current Ratio4.54 Quick Ratio2.62 Sales & Book Value Annual SalesC$161.08 million Price / Sales0.90 Cash FlowC$0.47 per share Price / Cash Flow3.85 Book ValueC$3.75 per share Price / Book0.48Miscellaneous Outstanding Shares80,500,000Free FloatN/AMarket CapC$144.90 million OptionableOptionable Beta1.37 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 ExecutivesMs. Beena G. Goldenberg (Age 60)CEO & Director Comp: $585.53kMr. Derrick W. West CPA (Age 56)CPA, (CA), Chief Financial Officer Comp: $403.86kMs. Helen Martin (Age 45)Chief Legal Officer & Corp. Sec. Comp: $390.53kMr. Timothy EmbergChief Commercial OfficerMr. Paolo De Luca C.A. (Age 50)C.F.A, Chief Strategy Officer Comp: $395.52kMs. Nathalie BattenVP of OperationsMr. Geoff RiggsChief Information OfficerMax SchwartzDirector of Investor RelationsMs. Megan Amber McCraeSr. VP of Marketing & CommunicationsMs. Katrina May McFaddenChief People OfficerMore ExecutivesKey CompetitorsHLS TherapeuticsTSE:HLSCipher PharmaceuticalsTSE:CPHBioSyentCVE:RXCardiol TherapeuticsTSE:CRDLCharlotte's WebTSE:CWEBView All Competitors OGI Stock - Frequently Asked Questions Should I buy or sell Organigram stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Organigram in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" OGI shares. View OGI analyst ratings or view top-rated stocks. What is Organigram's stock price forecast for 2023? 1 brokers have issued 1 year price targets for Organigram's stock. Their OGI share price forecasts range from C$1.50 to C$6.50. On average, they predict the company's share price to reach C$3.36 in the next year. This suggests a possible upside of 86.5% from the stock's current price. View analysts price targets for OGI or view top-rated stocks among Wall Street analysts. How have OGI shares performed in 2023? Organigram's stock was trading at C$1.10 at the beginning of the year. Since then, OGI stock has increased by 63.6% and is now trading at C$1.80. View the best growth stocks for 2023 here. When is Organigram's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, November 27th 2023. View our OGI earnings forecast. How were Organigram's earnings last quarter? Organigram Holdings Inc. (TSE:OGI) released its quarterly earnings data on Thursday, July, 13th. The company reported ($0.20) EPS for the quarter, missing the consensus estimate of ($0.08) by $0.12. The company earned $32.79 million during the quarter, compared to the consensus estimate of $42.89 million. Organigram had a negative trailing twelve-month return on equity of 54.53% and a negative net margin of 137.67%. What other stocks do shareholders of Organigram own? Based on aggregate information from My MarketBeat watchlists, some companies that other Organigram investors own include Aurora Cannabis (ACB), Innovative Industrial Properties (IIPR), Aurora Cannabis (ACB), Canopy Growth (WEED), Aphria (APHA), Aurora Cannabis (ACBFF), Green Organic Dutchman (TGOD), Charlotte's Web (CWBHF) and CannTrust (CTST). What is Organigram's stock symbol? Organigram trades on the Toronto Stock Exchange (TSX) under the ticker symbol "OGI." How do I buy shares of Organigram? Shares of OGI stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. What is Organigram's stock price today? One share of OGI stock can currently be purchased for approximately C$1.80. How much money does Organigram make? Organigram (TSE:OGI) has a market capitalization of C$144.90 million and generates C$161.08 million in revenue each year. The company earns C$-221,750,000.00 in net income (profit) each year or C($2.39) on an earnings per share basis. How many employees does Organigram have? The company employs 923 workers across the globe. How can I contact Organigram? Organigram's mailing address is 333 Bay Street, Suite 1250, Toronto, ON M5H 2R2, Canada, . The official website for the company is www.organigram.ca. The company can be reached via phone at 844-644-4726. This page (TSE:OGI) was last updated on 10/2/2023 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 Organigram Holdings Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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