FY2024 EPS Estimates for OTCMKTS:GTBIF Decreased by Analyst

Green Thumb Industries Inc. (OTCMKTS:GTBIF) – Analysts at Seaport Res Ptn cut their FY2024 EPS estimates for Green Thumb Industries in a note issued to investors on Monday, November 18th. Seaport Res Ptn analyst S. Randhawa now anticipates that the company will earn $0.27 per share for the year, down from their prior estimate of $0.32. The consensus estimate for Green Thumb Industries’ current full-year earnings is $0.32 per share. Seaport Res Ptn also issued estimates for Green Thumb Industries’ Q3 2025 earnings at $0.03 EPS and FY2025 earnings at $0.12 EPS.

Green Thumb Industries (OTCMKTS:GTBIF) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.02). Green Thumb Industries had a return on equity of 3.39% and a net margin of 5.38%. The business had revenue of $286.87 million during the quarter, compared to the consensus estimate of $283.96 million.

Several other research analysts have also commented on GTBIF. Roth Capital upgraded shares of Green Thumb Industries to a “strong-buy” rating in a report on Sunday, November 10th. Ventum Cap Mkts raised shares of Green Thumb Industries to a “strong-buy” rating in a research note on Tuesday, August 6th. Finally, Craig Hallum upgraded shares of Green Thumb Industries to a “strong-buy” rating in a report on Monday, September 16th. Three analysts have rated the stock with a buy rating and three have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Strong Buy” and an average target price of $16.50.

Green Thumb Industries Stock Down 1.4 %

Shares of GTBIF stock opened at $9.28 on Wednesday. The firm has a market capitalization of $1.96 billion, a price-to-earnings ratio of 34.37 and a beta of 1.40. The stock has a fifty day moving average of $10.18 and a 200 day moving average of $10.98. Green Thumb Industries has a 52 week low of $7.50 and a 52 week high of $16.33.

About Green Thumb Industries

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.