Should I buy or sell Green Thumb Industries stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Green Thumb Industries in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GTBIF shares. View GTBIF analyst ratings or view top-rated stocks .

What is Green Thumb Industries' stock price target for 2024?

2 analysts have issued twelve-month price targets for Green Thumb Industries' stock. Their GTBIF share price targets range from $15.50 to $71.50. On average, they anticipate the company's share price to reach $47.33 in the next twelve months. This suggests a possible upside of 282.6% from the stock's current price. View analysts price targets for GTBIF or view top-rated stocks among Wall Street analysts .

How have GTBIF shares performed in 2024?

Green Thumb Industries' stock was trading at $11.29 on January 1st, 2024. Since then, GTBIF shares have increased by 9.6% and is now trading at $12.37. View the best growth stocks for 2024 here .

Are investors shorting Green Thumb Industries?

Green Thumb Industries saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 1,017,300 shares, an increase of 38.2% from the March 15th total of 736,300 shares. Based on an average daily volume of 902,200 shares, the days-to-cover ratio is presently 1.1 days. View Green Thumb Industries' Short Interest .

When is Green Thumb Industries' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our GTBIF earnings forecast .

How were Green Thumb Industries' earnings last quarter?

Green Thumb Industries Inc. (OTCMKTS:GTBIF) released its earnings results on Wednesday, February, 28th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.05 by $0.04. The firm earned $278.23 million during the quarter, compared to the consensus estimate of $270.07 million. Green Thumb Industries had a net margin of 3.44% and a trailing twelve-month return on equity of 2.13%.

How do I buy shares of Green Thumb Industries?

Shares of GTBIF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

OTCMKTS:GTBIF

Green Thumb Industries (GTBIF) Stock Price, News & Analysis

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Free GTBIF Stock Alerts

$12.37

-0.56 (-4.33%)

(As of 04/19/2024 ET)

Compare

Today's Range: $12.13
▼
$13.19
50-Day Range: $11.12
▼
$15.00
52-Week Range: $6.42
▼
$15.51

Volume: 174,561 shs
Average Volume: 488,219 shs
Market Capitalization: $2.60 billion

P/E Ratio: 82.47
Dividend Yield: N/A
Price Target: $47.33

Stock Analysis Analyst Forecasts Chart Earnings Financials Headlines SEC Filings Short Interest

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Green Thumb Industries MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 282.6% Upside
$47.33 Price Target
Short Interest: Healthy
0.48% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.11
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 46.15%
From $0.26 to $0.38 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.57 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Green Thumb Industries has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Green Thumb Industries has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.48% of the outstanding shares of Green Thumb Industries have been sold short.
Short Interest Ratio / Days to Cover
Green Thumb Industries has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Green Thumb Industries has recently increased by 38.16%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Green Thumb Industries does not currently pay a dividend.
Dividend Growth
Green Thumb Industries 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 GTBIF.

2.8

News and Social Media Coverage

News Sentiment
Green Thumb Industries has a news sentiment score of 1.11. 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 higher news sentiment than the 0.52 average news sentiment score of Medical companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Green Thumb Industries this week, compared to 2 articles on an average week.
Search Interest
24 people have searched for GTBIF on MarketBeat in the last 30 days. This is an increase of 118% compared to the previous 30 days.
MarketBeat Follows
Only 7 people have added Green Thumb Industries to their MarketBeat watchlist in the last 30 days. This is a decrease of -36% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Green Thumb Industries insiders have not sold or bought any company stock.
Percentage Held by Insiders
11.90% of the stock of Green Thumb Industries is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 0.09% of the stock of Green Thumb Industries is held by institutions.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Green Thumb Industries are expected to grow by 46.15% in the coming year, from $0.26 to $0.38 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Green Thumb Industries is 82.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.31.
Price to Earnings Ratio vs. Sector
The P/E ratio of Green Thumb Industries is 82.47, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 230.37.
Price to Book Value per Share Ratio
Green Thumb Industries has a P/B Ratio of 1.53. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Green Thumb Industries Stock (OTCMKTS:GTBIF)

Green Thumb Industries Inc. manufactures, distributes, markets, and sells of cannabis products for medical and adult-use in the United States. It operates through two segments, Retail and Consumer Packaged Goods. The company offers cannabis flower; processed and packaged products, including pre-rolls, concentrates, vapes, capsules, tinctures, edibles, topicals, and other cannabis-related products under the &Shine, Beboe, Dogwalkers, Doctor Solomon's, Good Green, incredibles, and RHYTHM brands. It distributes its products primarily to third-party retail customers and sells finished products directly to consumers in its own retail stores, as well as direct-to consumer delivery channel. Green Thumb Industries Inc. was founded in 2014 and is headquartered in Chicago, Illinois.

GTBIF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GTBIF Stock News Headlines

April 17, 2024 | investorplace.com

The 3 Best Cannabis Stocks to Buy Now: Q2 Edition

April 15, 2024 | markets.businessinsider.com

Marijuana Investors Bet Big On Long-Term Growth Over Short-Term Earnings As Market Value Rises By 39%

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April 8, 2024 | investorplace.com

Wall Street Favorites: 3 Cannabis Stocks with Strong Buy Ratings for April 2024

April 8, 2024 | markets.businessinsider.com

Jefferies Reaffirms Their Buy Rating on Green Thumb Industries (GTBIF)

April 4, 2024 | seekingalpha.com

Glass House Brands: The Rally Is Overheated And Due For A Breather

April 3, 2024 | globenewswire.com

Green Thumb Industries to Hold First Quarter 2024 Earnings Conference Call on May 8, 2024

March 26, 2024 | fool.com

3 Things You Need to Know If You Buy Green Thumb Industries Stock Today

April 19, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

March 20, 2024 | investorplace.com

Wall Street's Favorite Cannabis Stocks? 3 Names That Could Make You Filthy Rich

March 20, 2024 | investorplace.com

3 Smoking-Hot Opportunities in Cannabis Stocks

March 20, 2024 | investorplace.com

3 Smoking-Hot Opportunities in Cannabis Stocks

March 19, 2024 | fool.com

Is It Too Late to Buy Green Thumb Industries Stock?

March 9, 2024 | msn.com

2 Cannabis Stocks to Buy Hand Over Fist in March

February 29, 2024 | markets.businessinsider.com

Strong Financials and Strategic Management Affirm Buy Rating for Green Thumb Industries

February 29, 2024 | msn.com

Trulieve, Green Thumb Industries, Verano beat revenue estimates as more states roll out legal cannabis sales

February 29, 2024 | globenewswire.com

Green Thumb Expands Florida Retail Footprint with New RISE Dispensary in Dunnellon, its 15th Location in the Sunshine State

February 28, 2024 | benzinga.com

Green Thumb Industries' $278M Profits, Margin And Strategic Insights Explained For Everyday Investors

February 28, 2024 | globenewswire.com

Green Thumb Industries Reports Fourth Quarter and Full Year 2023 Results

February 25, 2024 | seekingalpha.com

Green Thumb Industries Is Not A Safe Cannabis Investment

February 24, 2024 | msn.com

Green Thumb Industries (GTBIF) Price Target Increased by 6.33% to 18.85

February 22, 2024 | wsj.com

Green Thumb Industries Inc.

February 22, 2024 | investing.com

Green Thumb Industries Inc (GTII)

February 20, 2024 | investorplace.com

3 Cannabis Stocks That Could Be Multibaggers in the Making: February Edition

February 19, 2024 | markets.businessinsider.com

3 Cannabis Stocks Primed for an Epic Turnaround Rally

February 19, 2024 | investorplace.com

3 Cannabis Stocks Primed for an Epic Turnaround Rally

February 18, 2024 | msn.com

What Happens In Vegas: First Legal Weed Lounge Opens, Freeing Adults From Consumption Stigma

See More Headlines

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Company Calendar

Last Earnings: 2/28/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/01/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Medical
Industry: Agricultural production - crops
Sub-Industry: N/A
Current Symbol: OTCMKTS:GTBIF
CUSIP: N/A
CIK: 1795139
Web: www.gtigrows.com
Phone: 312-471-6720
Fax: N/A
Employees: 4,600
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $47.33
High Stock Price Target: $71.50
Low Stock Price Target: $15.50
Potential Upside/Downside: +282.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.15
Trailing P/E Ratio: 82.47
Forward P/E Ratio: 47.58
P/E Growth: N/A
Net Income: $36.27 million
Net Margins: 3.44%
Pretax Margin: 14.80%
Return on Equity: 2.13%
Return on Assets: 1.45%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.72
Quick Ratio: 1.82

Sales & Book Value

Annual Sales: $1.05 billion
Price / Sales: 2.47
Cash Flow: $0.61 per share
Price / Cash Flow: 20.12
Book Value: $8.10 per share
Price / Book: 1.53

Miscellaneous

Outstanding Shares: 210,360,000
Free Float: 185,328,000
Market Cap: $2.60 billion
Optionable: Not Optionable
Beta: 1.67

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Key Executives

Mr. Benjamin Kovler (Age 45)
Founder, Chairman & CEO
Comp: $890.66k
Mr. Anthony Georgiadis (Age 46)
President & Director
Comp: $820.24k
Mr. Mathew Faulkner (Age 50)
Chief Financial Officer
Ms. Rachel Albert
Chief Administrative Officer
Mr. Andrew Laurence Grossman (Age 50)
EVP of Capital Markets & Investor Relations
Comp: $322.98k
Mr. Bret Kravitz (Age 43)
General Counsel & Secretary
Ms. Linda Marsicano (Age 56)
Vice President of Communications
Mr. Daniel Shaker (Age 53)
Senior VP of National Sales
Ms. Dina Rollman (Age 51)
Senior VP of Government & Regulatory Affairs
Mr. Eugene Monroe (Age 37)
Partner

Key Competitors

View All Competitors

GTBIF Stock Analysis - Frequently Asked Questions

Should I buy or sell Green Thumb Industries stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Green Thumb Industries in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GTBIF shares.
View GTBIF analyst ratings or view top-rated stocks.
What is Green Thumb Industries' stock price target for 2024?: 2 analysts have issued twelve-month price targets for Green Thumb Industries' stock. Their GTBIF share price targets range from $15.50 to $71.50. On average, they anticipate the company's share price to reach $47.33 in the next twelve months. This suggests a possible upside of 282.6% from the stock's current price.
View analysts price targets for GTBIF or view top-rated stocks among Wall Street analysts.
How have GTBIF shares performed in 2024?: Green Thumb Industries' stock was trading at $11.29 on January 1st, 2024. Since then, GTBIF shares have increased by 9.6% and is now trading at $12.37.
View the best growth stocks for 2024 here.
Are investors shorting Green Thumb Industries?: Green Thumb Industries saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 1,017,300 shares, an increase of 38.2% from the March 15th total of 736,300 shares. Based on an average daily volume of 902,200 shares, the days-to-cover ratio is presently 1.1 days.
View Green Thumb Industries' Short Interest.

When is Green Thumb Industries' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our GTBIF earnings forecast.
How were Green Thumb Industries' earnings last quarter?: Green Thumb Industries Inc. (OTCMKTS:GTBIF) released its earnings results on Wednesday, February, 28th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.05 by $0.04. The firm earned $278.23 million during the quarter, compared to the consensus estimate of $270.07 million. Green Thumb Industries had a net margin of 3.44% and a trailing twelve-month return on equity of 2.13%.
How do I buy shares of Green Thumb Industries?: Shares of GTBIF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:GTBIF) was last updated on 4/19/2024 by MarketBeat.com Staff

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Green Thumb Industries (GTBIF) Stock Price, News & Analysis

Green Thumb Industries MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

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

Earnings and Valuation

About Green Thumb Industries Stock (OTCMKTS:GTBIF)

GTBIF Stock Price History

GTBIF Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

GTBIF Stock Analysis - Frequently Asked Questions

Overall MarketRank^™