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Verano Holdings (VRNOF)
OTHER OTC:VRNOF
Verano Holdings (VRNOF) Stock Price & Analysis
223 Followers
VRNOF Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.53 - $7.08
Previous Close$3.76
Volume333.49K
Average Volume (3M)523.45K
Market Cap
$1.59B
Enterprise Value$1.94B
Total Cash (Recent Filing)$193.80M
Total Debt (Recent Filing)$540.94M
Price to Earnings (P/E)―
Beta0.99
Next Earnings
Aug 07, 2024EPS Estimate
-$0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.32
Shares Outstanding344,163,149
10 Day Avg. Volume362,700
30 Day Avg. Volume523,450
Standard Deviation0.17
R-Squared0.09
Alpha-0.04
Financial Highlights & Ratios
Price to Book (P/B)-21.66
Price to Sales (P/S)5.08
Price to Cash Flow (P/CF)9.70
P/FCF Ratio29.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.08
Enterprise Value/Gross Profit4.08
Enterprise Value/Ebitda8.58
Forecast
1Y Price Target
$8.35Price Target Upside112.47% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
Verano Holdings News
PremiumCompany Announcements
Verano Holdings Announces Q2 2024 Earnings Release
PremiumCompany Announcements
Verano Holdings Expands Exclusive Cannabis Club
PremiumCompany Announcements
Verano Holdings Boosts Florida Dispensary Network
PremiumCompany Announcements
Verano Holdings Refutes Vireo’s Damages ClaimBulls Say, Bears Say
Bulls Say
Debt ManagementThe company repurchased $50M of its debt, resulting in $8M of annual interest savings and releasing previously encumbered real estate assets.
Financial PerformanceVerano ended the quarter with a healthy $194M cash balance and reported $21M of free cash flow.
Growth OpportunitiesVerano maintains robust organic growth opportunities, benefiting from adult-use sales in multiple states.
Bears Say
CompetitionVerano's revenue in New Jersey saw a decline of approximately 10% QoQ due to increased competition and new third party store openings.
EBITDASG&A dollar growth related to new stores and gearing up for adult-use conversions reduced EBITDA dollars by 6% YoY to 30% of sales.
RevenueManagement expects revenue to grow within the low single digits or remain flat.
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Ownership Overview
24.45% Insiders
2.05% Mutual Funds
9.85% Other Institutional Investors
63.64% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
VRNOF FAQ
What was Verano Holdings’s price range in the past 12 months?
Verano Holdings lowest stock price was $2.53 and its highest was $7.08 in the past 12 months.
What is Verano Holdings’s market cap?
Currently, no data Available
When is Verano Holdings’s upcoming earnings report date?
Verano Holdings’s upcoming earnings report date is Aug 07, 2024 which is in 14 days.
How were Verano Holdings’s earnings last quarter?
Verano Holdings released its earnings results on May 08, 2024. The company reported -$0.01 earnings per share for the quarter, beating the consensus estimate of -$0.037 by $0.027.
Is Verano Holdings overvalued?
According to Wall Street analysts Verano Holdings’s price is currently Undervalued.
Does Verano Holdings pay dividends?
Verano Holdings does not currently pay dividends.
What is Verano Holdings’s EPS estimate?
Verano Holdings’s EPS estimate is -$0.04.
How many shares outstanding does Verano Holdings have?
Verano Holdings has 344,163,150 shares outstanding.
What happened to Verano Holdings’s price movement after its last earnings report?
Verano Holdings reported an EPS of -$0.01 in its last earnings report, beating expectations of -$0.037. Following the earnings report the stock price went down -1.01%.
Which hedge fund is a major shareholder of Verano Holdings?
Currently, no hedge funds are holding shares in VRNOF
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Verano Holdings Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$8.35 (112.47% Upside)
$8.35 (112.47% Upside)
Blogger Sentiment
Bullish
VRNOF Sentiment 88%
Sector Average 71%
Sector Average 71%
Insider Transactions
Sold Shares
Worth $1.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.6%
Last 30 Days ▲ 1.8%
Last 30 Days ▲ 1.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
20.12%
12-Months-Change
Fundamentals
Return on Equity
-8.41%
Trailing 12-Months
Asset Growth
-2.28%
Trailing 12-Months
Company Description
Verano Holdings
Verano Holdings Corp is a vertically-integrated multi-state cannabis operator in the United States. The company operates licensed cannabis cultivation, processing, and retail facilities. It produces a full suite of premium, artisanal cannabis products sold under a trusted portfolio of consumer brands: Encore, MUV, Avexia, and Verano.
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VRNOF Company Deck
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VRNOF Earnings Call
Q1 2024
0:00 / 0:00
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VRNOF Stock 12 Month Forecast
Average Price Target
$8.35
▲(112.47% Upside)
Technical Analysis
Best Analysts Covering VRNOF
1 Year
1 Year Success Rate
5/24 ratings generated profit
1 Year Average Return
-25.76%
reiterated a buy rating 3 months ago
Copying Andrew Semple's trades and holding each position for 1 Year would result in 20.83% of your transactions generating a profit, with an average return of -25.76% per trade.
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