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Verano Holdings NEOE:VRNO Stock Report

Last Price

CA$2.32

Market Cap

CA$850.9m

7D

-12.8%

1Y

-60.6%

Updated

20 Nov, 2024

Data

Company Financials +

Verano Holdings Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Verano Holdings
Historical stock prices
Current Share PriceCA$2.32
52 Week HighCA$9.44
52 Week LowCA$1.96
Beta1.36
11 Month Change-49.57%
3 Month Change-54.86%
1 Year Change-60.64%
33 Year Change-84.40%
5 Year Changen/a
Change since IPO-92.61%

Recent News & Updates

Recent updates

Are Investors Undervaluing Verano Holdings Corp. (CSE:VRNO) By 31%?

Oct 07
Are Investors Undervaluing Verano Holdings Corp. (CSE:VRNO) By 31%?

Why Investors Shouldn't Be Surprised By Verano Holdings Corp.'s (CSE:VRNO) 34% Share Price Surge

Sep 02
Why Investors Shouldn't Be Surprised By Verano Holdings Corp.'s (CSE:VRNO) 34% Share Price Surge

An Intrinsic Calculation For Verano Holdings Corp. (CSE:VRNO) Suggests It's 27% Undervalued

Jan 26
An Intrinsic Calculation For Verano Holdings Corp. (CSE:VRNO) Suggests It's 27% Undervalued

Verano Holdings Corp. (CSE:VRNO) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Aug 12
Verano Holdings Corp. (CSE:VRNO) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Verano Holdings' (CSE:VRNO) Earnings Are Weaker Than They Seem

May 25
Verano Holdings' (CSE:VRNO) Earnings Are Weaker Than They Seem

Shareholder Returns

VRNOCA PharmaceuticalsCA Market
7D-12.8%-2.4%0.4%
1Y-60.6%-22.8%21.4%

Return vs Industry: VRNO underperformed the Canadian Pharmaceuticals industry which returned -22.8% over the past year.

Return vs Market: VRNO underperformed the Canadian Market which returned 21.4% over the past year.

Price Volatility

Is VRNO's price volatile compared to industry and market?
VRNO volatility
VRNO Average Weekly Movement16.3%
Pharmaceuticals Industry Average Movement11.6%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.7%
10% least volatile stocks in CA Market2.9%

Stable Share Price: VRNO's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: VRNO's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a3,900George Archoswww.verano.com

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, Verano, and Essence brands for medical and adult-use markets.

Verano Holdings Corp. Fundamentals Summary

How do Verano Holdings's earnings and revenue compare to its market cap?
VRNO fundamental statistics
Market capCA$850.95m
Earnings (TTM)-CA$204.63m
Revenue (TTM)CA$1.25b

0.7x

P/S Ratio

-4.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VRNO income statement (TTM)
RevenueUS$897.57m
Cost of RevenueUS$443.56m
Gross ProfitUS$454.01m
Other ExpensesUS$600.37m
Earnings-US$146.36m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.41
Gross Margin50.58%
Net Profit Margin-16.31%
Debt/Equity Ratio34.5%

How did VRNO perform over the long term?

See historical performance and comparison