NewLake Capital Partners, Inc. (NLCP)

OTCMKTS · Delayed Price · Currency is USD
13.01
-0.10 (-0.76%)
Oct 3, 2025, 3:59 PM EDT
-0.76%
Market Cap269.45M
Revenue (ttm)51.21M
Net Income (ttm)26.07M
Shares Out20.55M
EPS (ttm)1.26
PE Ratio10.37
Forward PE12.20
Dividend1.72 (13.12%)
Ex-Dividend DateSep 30, 2025
Volume34,627
Average Volume92,953
Open13.11
Previous Close13.11
Day's Range13.00 - 13.16
52-Week Range12.08 - 20.10
Beta0.92
RSI31.32
Earnings DateNov 13, 2025

About NewLake Capital Partners

NewLake Capital Partners, Inc. is an internally-managed real estate investment trust (“REIT”) 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 33 properties comprised of 15 cultivation facilities and 18 dispensaries that are leased to single tenants on a triple-net basis. [Read more]

Founded 2019
Employees 8
Stock Exchange OTCMKTS
Ticker Symbol NLCP
Full Company Profile

Financial Performance

In 2024, NewLake Capital Partners's revenue was $50.13 million, an increase of 5.98% compared to the previous year's $47.30 million. Earnings were $26.12 million, an increase of 6.22%.

Financial Statements

News

NewLake Capital Partners: Severely Undervalued REIT Paying A Double-Digit Dividend

NewLake Capital Partners (NLCP) is rated a Strong Buy due to its excellent financials, resilient portfolio, and double-digit dividend yield. NLCP offers a ~12.6% dividend yield with a conservative 79%...

3 days ago - Seeking Alpha

NewLake Capital Partners Issues Third Quarter 2025 Common Stock Dividend of $0.43 per Share

NEW CANAAN, Conn., Sept. 12, 2025 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis op...

21 days ago - GlobeNewsWire

NewLake Capital Partners: 12% Yield Backed By Net Cash Balance Sheet

NewLake Capital offers a high dividend yield and maintains a net cash balance sheet, providing a wide margin of safety despite cannabis sector concentration. Tenant and industry risks are real, but th...

23 days ago - Seeking Alpha

Cash Cows: 12 High-Yield REITs With Safe Dividends

REITs are attractive now due to low inflation, expected rate cuts, and technical indicators suggesting a bullish trend with up to 40% upside. This article identifies 12 high-yield REITs (5.25%+), each...

4 weeks ago - Seeking Alpha

Best Ancillary Marijuana Stocks for Investors This Week: REITs and Financing Leaders

The U.S. cannabis industry continues to show resilience despite market challenges. In 2024, sales exceeded $33 billion nationwide, and analysts project annual revenues could surpass $50 billion by 203...

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3 REITs To Buy Before Their Dividends Surge

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Top Cannabis REITs to Watch This Week for Strong Dividend Income

The cannabis REIT sector continues to attract attention from income-focused investors this week. The US cannabis industry generated nearly $36 billion in legal sales in 2024. Furthermore, analysts pro...

6 weeks ago - MarijuanaStocks

NewLake Capital Partners: Tenant Default Risks Trigger Richer Yields For The Brave

NLCP's tenant troubles have occurred as priced in by the market, thanks to the mounting headwinds observed in the wider REIT and cannabis-focused REIT peers. Given the slower than expected federal leg...

7 weeks ago - Seeking Alpha

NewLake Capital Partners: The Concerning Mystery Of Cannabis Real Estate

I maintain my hold rating on NewLake Capital Partners, as industry headwinds and tenant struggles persist, despite solid Q2 results and a healthy balance sheet. Real estate values may be too optimisti...

7 weeks ago - Seeking Alpha

NewLake Capital Partners, Inc. (NLCP) Q2 2025 Earnings Call Transcript

NewLake Capital Partners, Inc. (OTCQX:NLCP) Q2 2025 Earnings Conference Call August 7, 2025 11:00 AM ET Company Participants Anthony Coniglio - President, CEO & Director Gordon F. DuGan - Independent ...

2 months ago - Seeking Alpha

NewLake Capital Partners Reports Second Quarter 2025 Financial Results

Second Quarter 2025 Revenue Totaled $12.9 Million, an Increase of 3.8% Year-Over-Year

2 months ago - GlobeNewsWire

Sell Alert: 3 REITs That Will Likely Cut Their Dividend

Not all REIT dividends are sustainable. If a REIT yields over 10%, it is typically a big red flag. I highlight 3 popular 10%+ yielders that are likely to cut their dividend.

2 months ago - Seeking Alpha

The Safest 10% Yields I've Found

Most 10% yields are risky. But these two high yielding stocks stand out. They are the safest ≈10% yielding companies that I know.

2 months ago - Seeking Alpha

Top REIT and Lending Cannabis Stocks to Watch in July 2025

The U.S. cannabis industry continues its rapid expansion. In 2025, the legal market is projected to reach nearly $45 billion. Its total economic impact may exceed $120 billion by year-end. Recreationa...

2 months ago - MarijuanaStocks

Best Cannabis REITs for July 2025: High-Yield Picks for Income Investors

Cannabis REITs are gaining momentum this week as investors seek dividend-paying stocks with long-term growth potential. These companies lease properties to licensed cannabis operators, generating stea...

3 months ago - MarijuanaStocks

Why Marijuana Stocks Could Deliver Big Returns Despite the 2025 Market Pullback

Even with a current downturn in marijuana stock performance, the long-term outlook for cannabis investing remains promising. For financial investors with a patient, strategic mindset, the sector's cur...

3 months ago - MarijuanaStocks

NewLake Capital Partners: A Dirt-Cheap REIT With Real Potential

NewLake Capital Partners offers a compelling 11.6% yield and trades at a deep discount, supported by strong fundamentals and minimal debt. The business model is robust, with triple net leases, long-te...

3 months ago - Seeking Alpha

Cannabis REITs Set to Benefit From Industry Growth in 2025

In the U.S., the cannabis industry's growth remains strong and promising. The legal market was worth about $38.5 billion in 2024. It is forecasted to reach nearly $76.4 billion by 2030. That equates t...

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Dividend growth stocks can provide stable, growing income, making them ideal for long-term investors despite lacking the excitement of headline-grabbing returns. My screening focuses on higher-yieldin...

3 months ago - Seeking Alpha

NewLake Capital Partners Issues Second Quarter 2025 Common Stock Dividend of $0.43 per Share

NEW CANAAN, Conn., June 16, 2025 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis ope...

3 months ago - GlobeNewsWire

NewLake Capital Partners: 'High' 12% Yield Backed By Net Cash And Net Leases

NewLake Capital Partners, Inc. offers a compelling double-digit yield, reflecting market pessimism over tenant risk and regulatory delays, but I believe the balance sheet provides a strong margin of s...

4 months ago - Seeking Alpha

NewLake Capital Partners to Participate in Upcoming June Conferences

NEW CANAAN, Conn., June 02, 2025 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis ope...

4 months ago - GlobeNewsWire

2025's Best Cannabis REITs for Building Wealth Over Time

The U.S. cannabis industry continues to expand rapidly, creating strong momentum for related investments. In 2025, the market is expected to surpass $44 billion in value. Over the next five years, pro...

4 months ago - MarijuanaStocks

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With recent volatility, we have a new name to make the discussion this month, as well as a few names we don't see as often. This monthly screening focuses on dividend safety, growth, and consistency, ...

4 months ago - Seeking Alpha