FY2022 Earnings Estimate for Green Thumb Industries Inc. (OTCMKTS:GTBIF) Issued By Cormark

Green Thumb Industries Inc. (OTCMKTS:GTBIF – Get Rating) – Equities researchers at Cormark issued their FY2022 EPS estimates for shares of Green Thumb Industries in a research note issued to investors on Thursday, May 5th. Cormark analyst J. Pytlak forecasts that the company will earn $0.35 per share for the year. Cormark also issued estimates for Green Thumb Industries’ FY2023 earnings at $0.65 EPS.

Several other research firms also recently weighed in on GTBIF. Stifel Nicolaus cut their price target on Green Thumb Industries from C$80.00 to C$73.00 in a research note on Wednesday, March 2nd. Craig Hallum dropped their target price on Green Thumb Industries from $35.00 to $25.00 in a research report on Thursday. Needham & Company LLC decreased their price objective on Green Thumb Industries from $33.00 to $26.00 in a research note on Thursday. Benchmark decreased their price objective on Green Thumb Industries from $45.00 to $30.00 in a research note on Tuesday, March 1st. Finally, Cantor Fitzgerald decreased their target price on Green Thumb Industries from $54.00 to $41.00 and set an “overweight” rating on the stock in a research note on Friday, February 25th. One equities research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $48.27.

Shares of Green Thumb Industries stock opened at $13.13 on Monday. The business’s 50 day simple moving average is $16.53 and its two-hundred day simple moving average is $19.21. Green Thumb Industries has a one year low of $11.52 and a one year high of $35.15.

About Green Thumb Industries (Get Rating)

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.

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