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Verano Holdings NEOE:VRNO Stock Report

Last Price

CA$1.89

Market Cap

CA$645.7m

7D

6.8%

1Y

-63.5%

Updated

20 Dec, 2024

Data

Company Financials +

My Notes

Capture your thoughts, links and company narrative

Verano Holdings Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Verano Holdings
Historical stock prices
Current Share PriceCA$1.89
52 Week HighCA$9.44
52 Week LowCA$1.55
Beta0.81
1 Month Change-18.53%
3 Month Change-55.11%
1 Year Change-63.51%
3 Year Change-87.81%
5 Year Changen/a
Change since IPO-93.98%

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
7D6.8%-1.2%-3.7%
1Y-63.5%-24.4%15.0%

Return vs Industry: VRNO underperformed the Canadian Pharmaceuticals industry which returned -24.4% over the past year.

Return vs Market: VRNO underperformed the Canadian Market which returned 15% over the past year.

Price Volatility

Is VRNO's price volatile compared to industry and market?
VRNO volatility
VRNO Average Weekly Movement16.4%
Pharmaceuticals Industry Average Movement12.0%
Market Average Movement8.2%
10% most volatile stocks in CA Market17.6%
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$645.75m
Earnings (TTM)-CA$210.07m
Revenue (TTM)CA$1.29b

0.5x

P/S Ratio

-3.2x

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

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 23:30
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Verano Holdings Corp. is covered by 18 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Aaron GreyAlliance Global Partners
Frederico Yokota Choucair GomesATB Capital Markets
Kenric TygheATB Capital Markets