OTCMKTS:VRNOF

Verano (VRNOF) Stock Price, News & Analysis

$4.93
+0.23 (+4.89%)
(As of 04/26/2024 ET)
Today's Range
$4.66
$5.18
50-Day Range
$4.20
$6.30
52-Week Range
$2.53
$7.08
Volume
157,667 shs
Average Volume
374,243 shs
Market Capitalization
$1.70 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.00

Verano MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
42.0% Upside
$7.00 Price Target
Short Interest
Healthy
0.15% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.20) to ($0.16) 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.

2.08 out of 5 stars

VRNOF stock logo

About Verano Stock (OTCMKTS:VRNOF)

Verano 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, Connecticut, Florida, Illinois, Maryland, Massachusetts, Michigan, Nevada, New Jersey, Ohio, Pennsylvania, and West Virginia. It offers 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.

VRNOF Stock Price History

VRNOF Stock News Headlines

Verano Holdings Is No Bargain
Forget AI, Imperium Is Expected to Grow 320,00% in 3 Years
If you think AI is big, then you have got to check out something I call Imperium… By my calculations, it’s set to grow 320,000% in three years. (You can see my calculations here.)
Forget AI, Imperium Is Expected to Grow 320,00% in 3 Years
If you think AI is big, then you have got to check out something I call Imperium… By my calculations, it’s set to grow 320,000% in three years. (You can see my calculations here.)
Verano Announces Upcoming Conference Participation
3 Cannabis Stocks Blazing a Trail to Legalization
Verano Holdings Stock (OTC:VRNOF) Insider Trades
The 3 Best Cannabis Stocks to Buy in February 2024
See More Headlines
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Company Calendar

Last Earnings
3/15/2024
Today
4/26/2024
Next Earnings (Estimated)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Drug Manufacturers - Specialty & Generic
Sub-Industry
N/A
Current Symbol
OTCMKTS:VRNOF
Fax
N/A
Employees
3,900
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.00
High Stock Price Target
$7.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+49.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-117,350,000.00
Pretax Margin
2.96%

Debt

Sales & Book Value

Annual Sales
$938.45 million
Cash Flow
$0.24 per share
Book Value
$3.61 per share

Miscellaneous

Free Float
279,116,000
Market Cap
$1.62 billion
Optionable
Not Optionable
Beta
1.58
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Key Executives

  • Mr. George P. Archos (Age 44)
    Founder, Chairman & CEO
    Comp: $517.25k
  • Mr. Darren Weiss Esq. (Age 40)
    President
    Comp: $481.69k
  • Mr. John Allen Tipton (Age 63)
    President of Southern Region & Director
    Comp: $6.8M
  • Mr. Samuel Dorf
    Co-Founder & Chief Growth Officer
  • Mr. Brett Summerer (Age 46)
    Chief Financial Officer
  • Mr. Edward Aloysious McDermott III
    Chief Operating Officer
  • Mr. Aaron Miles (Age 45)
    Chief Investment Officer
  • Julianna Paterra C.F.A.
    Vice President of Investor Relations
  • Ms. Laura Marie Kalesnik
    Chief Legal Officer, General Counsel & Secretary
  • Mr. David Spreckman (Age 33)
    Chief Marketing Officer

VRNOF Stock Analysis - Frequently Asked Questions

Should I buy or sell Verano stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Verano in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" VRNOF shares.
View VRNOF analyst ratings
or view top-rated stocks.

What is Verano's stock price target for 2024?

3 equities research analysts have issued 12 month price objectives for Verano's shares. Their VRNOF share price targets range from $7.00 to $7.00. On average, they expect the company's share price to reach $7.00 in the next twelve months. This suggests a possible upside of 42.0% 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 2024?

Verano's stock was trading at $4.48 at the beginning of the year. Since then, VRNOF stock has increased by 10.0% and is now trading at $4.93.
View the best growth stocks for 2024 here
.

Are investors shorting Verano?

Verano saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 517,200 shares, a decrease of 25.7% from the March 15th total of 696,400 shares. Based on an average daily volume of 503,400 shares, the days-to-cover ratio is currently 1.0 days.
View Verano's Short Interest
.

When is Verano's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our VRNOF earnings forecast
.

How were Verano's earnings last quarter?

Verano Holdings Corp. (OTCMKTS:VRNOF) issued its earnings results on Friday, March, 15th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.05) by $0.02. The firm earned $237.19 million during the quarter, compared to analysts' expectations of $233.22 million. Verano had a negative trailing twelve-month return on equity of 4.49% and a negative net margin of 12.50%.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:VRNOF) was last updated on 4/26/2024 by MarketBeat.com Staff

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