High Tide Inc. (NASDAQ:HITI – Free Report) – Analysts at Atb Cap Markets issued their Q2 2025 earnings per share (EPS) estimates for High Tide in a research report issued on Tuesday, March 18th. Atb Cap Markets analyst F. Gomes forecasts that the company will earn ($0.04) per share for the quarter. The consensus estimate for High Tide’s current full-year earnings is ($0.04) per share. Atb Cap Markets also issued estimates for High Tide’s Q3 2025 earnings at ($0.03) EPS.
High Tide (NASDAQ:HITI – Get Free Report) last released its earnings results on Friday, March 21st. The company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.01). High Tide had a negative return on equity of 2.93% and a negative net margin of 0.81%. The business had revenue of $100.25 million for the quarter, compared to analysts’ expectations of $138.83 million.
High Tide Stock Performance
Institutional Investors Weigh In On High Tide
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Benin Management CORP increased its stake in High Tide by 100.0% during the fourth quarter. Benin Management CORP now owns 20,000 shares of the company’s stock worth $62,000 after acquiring an additional 10,000 shares during the last quarter. Northwest & Ethical Investments L.P. increased its stake in High Tide by 1,026.2% during the fourth quarter. Northwest & Ethical Investments L.P. now owns 22,378 shares of the company’s stock worth $69,000 after acquiring an additional 20,391 shares during the last quarter. Bank of America Corp DE acquired a new stake in High Tide during the fourth quarter worth about $72,000. Jane Street Group LLC increased its stake in High Tide by 58.8% during the third quarter. Jane Street Group LLC now owns 35,252 shares of the company’s stock worth $72,000 after acquiring an additional 13,052 shares during the last quarter. Finally, SBI Securities Co. Ltd. acquired a new stake in High Tide during the fourth quarter worth about $146,000. 4.52% of the stock is currently owned by institutional investors and hedge funds.
About High Tide
High Tide Inc engages in the cannabis retail business in Canada, the United States, and internationally. The company operates through Retail and Wholesale segments. It operates licensed retail cannabis stores; and provides data analytics services. In addition, the company manufactures and distributes consumption accessories.
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