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Verano Holdings NEOE:VRNO Stock Report

Last Price

CA$6.71

Market Cap

CA$2.3b

7D

-3.6%

1Y

68.2%

Updated

28 Apr, 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$6.71
52 Week HighCA$9.44
52 Week LowCA$3.43
Beta1.47
1 Month Change-17.36%
3 Month Change-17.16%
1 Year Change68.17%
3 Year Change-69.69%
5 Year Changen/a
Change since IPO-78.63%

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-3.6%-0.1%0.8%
1Y68.2%47.9%4.8%

Return vs Industry: VRNO exceeded the Canadian Pharmaceuticals industry which returned 41% over the past year.

Return vs Market: VRNO exceeded the Canadian Market which returned 4.9% over the past year.

Price Volatility

Is VRNO's price volatile compared to industry and market?
VRNO volatility
VRNO Average Weekly Movement15.6%
Pharmaceuticals Industry Average Movement13.8%
Market Average Movement9.0%
10% most volatile stocks in CA Market18.0%
10% least volatile stocks in CA Market3.0%

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

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, and Verano 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$2.31b
Earnings (TTM)-CA$160.38m
Revenue (TTM)CA$1.28b

1.8x

P/S Ratio

-14.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VRNO income statement (TTM)
RevenueUS$938.45m
Cost of RevenueUS$463.25m
Gross ProfitUS$475.21m
Other ExpensesUS$592.55m
Earnings-US$117.35m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 08, 2024

Earnings per share (EPS)-0.34
Gross Margin50.64%
Net Profit Margin-12.50%
Debt/Equity Ratio35.9%

How did VRNO perform over the long term?

See historical performance and comparison
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