Green Thumb Industries Inc. (OTCMKTS:GTBIF - Free Report) - Equities researchers at Roth Capital issued their FY2024 earnings estimates for shares of Green Thumb Industries in a research note issued on Sunday, November 10th. Roth Capital analyst W. Kirk expects that the company will post earnings of $0.32 per share for the year. Roth Capital has a "Strong-Buy" rating on the stock. The consensus estimate for Green Thumb Industries' current full-year earnings is $0.32 per share. Roth Capital also issued estimates for Green Thumb Industries' Q4 2024 earnings at $0.07 EPS, Q1 2025 earnings at $0.07 EPS, Q2 2025 earnings at $0.08 EPS, Q3 2025 earnings at $0.07 EPS, Q4 2025 earnings at $0.08 EPS and FY2025 earnings at $0.30 EPS.
Green Thumb Industries (OTCMKTS:GTBIF - Get Free Report) last released its earnings results on Thursday, November 7th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.02). Green Thumb Industries had a net margin of 5.38% and a return on equity of 3.39%. The firm had revenue of $286.87 million during the quarter, compared to analysts' expectations of $283.96 million.
Other research analysts have also issued research reports about the stock. Craig Hallum raised shares of Green Thumb Industries to a "strong-buy" rating in a research note on Monday, September 16th. Ventum Cap Mkts raised Green Thumb Industries to a "strong-buy" rating in a research report on Tuesday, August 6th. Three research analysts have rated the stock with a buy rating and three have given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Strong Buy" and a consensus target price of $16.50.
Get Our Latest Analysis on GTBIF
Green Thumb Industries Price Performance
Shares of OTCMKTS:GTBIF traded up $0.75 during mid-day trading on Wednesday, reaching $9.70. 721,685 shares of the company were exchanged, compared to its average volume of 465,876. The firm has a market cap of $2.05 billion, a price-to-earnings ratio of 33.15 and a beta of 1.40. Green Thumb Industries has a 1 year low of $7.50 and a 1 year high of $16.33. The firm's 50-day simple moving average is $10.24 and its 200 day simple moving average is $11.12.
Green Thumb Industries Company Profile
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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.
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