NewLake Capital Partners, Inc. (NLCP)
Market Cap | 386.82M |
Revenue (ttm) | 48.50M |
Net Income (ttm) | 25.59M |
Shares Out | 20.51M |
EPS (ttm) | 1.21 |
PE Ratio | 15.59 |
Forward PE | 20.78 |
Dividend | $1.59 (8.43%) |
Ex-Dividend Date | Mar 27, 2024 |
Volume | 39,559 |
Open | 18.93 |
Previous Close | 18.88 |
Day's Range | 18.79 - 19.34 |
52-Week Range | 11.80 - 20.87 |
Beta | 0.96 |
Analysts | Strong Buy |
Price Target | 18.25 (-3.23%) |
Earnings Date | n/a |
About NLCP
NewLake Capital Partners, Inc. is an internally-managed real estate investment trust that provides real estate capital to state-licensed cannabis operators through sale-leaseback transactions and third-party purchases and funding for build-to-suit projects. NewLake owns a portfolio of 31 properties comprised of 14 cultivation facilities and 17 dispensaries that are leased to single tenants on a triple-net basis. [Read more]
Financial Performance
In 2023, NLCP's revenue was $47.30 million, an increase of 5.60% compared to the previous year's $44.79 million. Earnings were $24.59 million, an increase of 11.87%.
Financial numbers in USD Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for NLCP stock is "Strong Buy." The 12-month stock price forecast is $18.25, which is a decrease of -3.23% from the latest price.
News
NewLake Capital to Participate in Fireside Chat at the KCSA Cannabis Virtual Investor Conference on June 5th
NEW CANAAN, Conn., May 30, 2024 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis oper...
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NewLake Capital Partners Reports First Quarter 2024 Financial Results
First Quarter 2024 Revenue Totaled $12.6 Million, an increase of 10.4% Year-Over-Year
NewLake Capital Partners to Present at the Aegis Capital Virtual Conference on May 9th
NEW CANAAN, Conn., May 02, 2024 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis oper...
NewLake Capital Partners Issues Statement on Cannabis Being Rescheduled to Schedule III
NEW CANAAN, Conn., May 01, 2024 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis oper...
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NewLake Capital Partners to Host First Quarter 2024 Earnings Call on May 9th at 11:00 a.m. ET
NEW CANAAN, Conn., April 11, 2024 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis op...
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NewLake Capital Partners Issues Statement on the Florida Supreme Court's Decision on Amendment 3, the Cannabis Adult-Use Ballot Measure
NEW CANAAN, Conn., April 01, 2024 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis op...
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NewLake Capital Partners to Participate in Upcoming April 2024 Investor Conferences
NEW CANAAN, Conn., March 21, 2024 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis op...
NewLake Capital Partners Reports Fourth Quarter and Full-Year 2023 Financial Results; Raises First Quarter 2024 Common Stock Dividend to $0.41 per Share
Fourth Quarter 2023 Revenue totaled $13.0 Million, an increase of 6.4% Year-Over-Year Full Year 2023 Revenue totaled $47.3 Million, an increase of 5.1% Year-Over-Year
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NewLake Capital Partners to Present at the Sidoti Small-Cap Virtual Conference on March 13th
NEW CANAAN, Conn., Feb. 28, 2024 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis ope...
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NewLake Capital Partners to Host Fourth Quarter and Full Year 2023 Earnings Call on March 11th at 11:00 a.m. ET
NEW CANAAN, Conn., Feb. 06, 2024 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis ope...
NewLake Capital Partners, Inc. Announces Tax Characteristics of 2023 Dividends
NEW CANAAN, Conn., Jan. 26, 2024 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis ope...
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NewLake Capital Partners Increases Fourth Quarter 2023 Common Stock Dividend to $0.40 per Share and Provides Share Repurchase Program Update
NEW CANAAN, Conn., Dec. 14, 2023 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis ope...
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NewLake Capital CEO, Anthony Coniglio, to Participate in Fireside Chat with Zuanic and Associates on December 13th at 11 a.m. ET
NEW CANAAN, Conn., Dec. 12, 2023 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis ope...
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