TSE:OGI

Organigram (OGI) Stock Price, News & Analysis

C$2.60
-0.01 (-0.38%)
(As of 04/22/2024 ET)
Today's Range
C$2.54
C$2.68
50-Day Range
C$2.50
C$3.67
52-Week Range
C$1.35
C$3.95
Volume
244,863 shs
Average Volume
401,455 shs
Market Capitalization
C$244.66 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
C$3.85

Organigram MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
48.1% Upside
C$3.85 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.24mentions of Organigram in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
C$62,965 Sold Last Quarter
Proj. Earnings Growth
N/A

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.

2.90 out of 5 stars

OGI stock logo

About Organigram Stock (TSE:OGI)

Organigram 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 whole flower, milled flower, pre-rolls, infused pre-rolls, vapes, gummies, and concentrates for medical retailers; adult use recreational cannabis under the SHRED, Holy Mountain, Big Bag O' Buds, Monjour, Trailblazer, SHRED'ems, Edison Cannabis Co., Edison JOLTS, Tremblant, and Laurentian brands. 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 consumer channels. The company was incorporated in 2010 and is headquartered in Toronto, Canada.

OGI Stock Price History

OGI Stock News Headlines

Organigram Is My Favorite Cannabis Stock Again
Global crypto currency reset (41 major banks signed up)
Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...
Organigram Holdings Inc. (OGI)
OrganiGram Holdings Inc
Global crypto currency reset (41 major banks signed up)
Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...
OGI Apr 2024 1.500 put
The Best Cannabis Stock to Buy Right Now
OGI Mar 2024 2.000 call
OGI Sep 2024 2.000 put
OGI Sep 2024 5.000 call
Why Organigram Is My Favorite Cannabis Stock
See More Headlines
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Company Calendar

Last Earnings
2/13/2024
Today
4/22/2024
Next Earnings (Estimated)
4/23/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Drug Manufacturers - Specialty & Generic
Sub-Industry
Cannabis
CIK
N/A
Fax
N/A
Employees
984
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$3.85
High Stock Price Target
C$5.25
Low Stock Price Target
C$2.70
Potential Upside/Downside
+48.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
C$-229,480,000.00
Net Margins
-153.80%
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$149.21 million
Cash Flow
C$0.67 per share
Book Value
C$3.18 per share

Miscellaneous

Free Float
N/A
Market Cap
C$244.66 million
Optionable
Not Optionable
Beta
1.11
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Key Executives

  • Ms. Beena G. Goldenberg (Age 60)
    CEO & Director
    Comp: $485.33k
  • Ms. Helen Martin (Age 46)
    Chief Legal Officer & Corporate Secretary
    Comp: $307.95k
  • Mr. Timothy Emberg
    Chief Commercial Officer
  • Mr. Paolo De Luca C.A. (Age 51)
    C.F.A, Chief Strategy Officer
    Comp: $306.7k
  • Mr. Greg Guyatt C.A.
    CPA, Chief Financial Officer
  • Ms. Nathalie Batten
    Senior Vice President of Operations
  • Mr. Geoff Riggs
    Chief Information Officer
  • Max Schwartz
    Director of Investor Relations
  • Ms. Megan Amber McCrae
    Senior Vice President of Marketing & Communications
  • Ms. Katrina May McFadden
    Chief People Officer

OGI Stock Analysis - Frequently Asked Questions

Should I buy or sell Organigram stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Organigram in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" OGI shares.
View OGI analyst ratings
or view top-rated stocks.

What is Organigram's stock price target for 2024?

3 brokerages have issued 12 month price targets for Organigram's shares. Their OGI share price targets range from C$2.70 to C$5.25. On average, they expect the company's stock price to reach C$3.85 in the next twelve months. This suggests a possible upside of 48.1% 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 2024?

Organigram's stock was trading at C$1.72 at the beginning of the year. Since then, OGI shares have increased by 51.2% and is now trading at C$2.60.
View the best growth stocks for 2024 here
.

When is Organigram's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our OGI earnings forecast
.

How were Organigram's earnings last quarter?

Organigram Holdings Inc. (TSE:OGI) issued its quarterly earnings results on Tuesday, February, 13th. The company reported ($0.19) EPS for the quarter, missing the consensus estimate of ($0.13) by $0.06. The business earned $36.46 million during the quarter, compared to analysts' expectations of $38.13 million. Organigram had a negative trailing twelve-month return on equity of 54.53% and a negative net margin of 153.80%.

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), Canopy Growth (WEED), Aphria (APHA), Aurora Cannabis (ACBFF), Green Organic Dutchman (TGOD), Charlotte's Web (CWBHF) and CannTrust (CTST).

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.

This page (TSE:OGI) was last updated on 4/23/2024 by MarketBeat.com Staff

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