NewLake Capital Partners, Inc. (NLCP)

OTCMKTS · Delayed Price · Currency is USD
14.31
+0.06 (0.42%)
May 30, 2025, 3:01 PM EDT
-25.39%
Market Cap 307.13M
Revenue (ttm) 50.73M
Net Income (ttm) 25.54M
Shares Out 21.45M
EPS (ttm) 1.24
PE Ratio 11.55
Forward PE 12.73
Dividend 1.72 (12.07%)
Ex-Dividend Date Mar 31, 2025
Volume 3,794
Average Volume 26,917
Open 14.23
Previous Close 14.25
Day's Range 14.15 - 14.48
52-Week Range 12.08 - 21.46
Beta 0.95
RSI 46.92
Earnings Date May 8, 2025

About NewLake Capital Partners

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]

Sector Real Estate
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

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...

8 days ago - MarijuanaStocks

May's 5 Dividend Growth Stocks With Yields Up To 7.04%

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, ...

12 days ago - Seeking Alpha

3 Marijuana Stocks For Cannabis Real Estate Investors

Is it safe to invest in marijuana stocks with the entire sector trading at all-time lows? If the legal market is profitable and companies are performing well, why are the top marijuana stocks not trad...

14 days ago - MarijuanaStocks

NewLake Capital Partners: Cannabis Meltdown Continues - Rich Dividends For The Opportunistic

NLCP's correction has been unwarranted indeed, since it does not face massive tenant default issues as that of IIPR, as observed in the former's robust FQ1 '25 performance metrics. Much of NLCP's top ...

20 days ago - Seeking Alpha

NewLake Capital Partners, Inc. (NLCP) Q1 2025 Earnings Call Transcript

NewLake Capital Partners, Inc. (OTCQX:NLCP) Q1 2025 Earnings Conference Call May 8, 2025 11:00 AM ET Company Participants Valter Pinto - Managing Director, KCSA Strategic Communications Gordon DuGan -...

22 days ago - Seeking Alpha

NewLake Capital Partners Reports First Quarter 2025 Financial Results

First Quarter 2025 Revenue Totaled $13.2 Million, an Increase of 4.8% Year-Over-Year

23 days ago - GlobeNewsWire

8-12% Dividend Yields From Undervalued REITs

REITs offer the highest dividend yields in a decade. Some yields as much as 12% and those dividends are rising. I present three of my favorite high-yielding REITs.

27 days ago - Seeking Alpha

Top Cannabis REITs to Watch for High Dividends and Long-Term Growth in 2025

The U.S. cannabis industry continues expanding rapidly, with projections suggesting it could reach $45 billion by 2025. More states are legalizing cannabis for medical and recreational use, boosting d...

4 weeks ago - MarijuanaStocks

NewLake Capital Partners: Ridiculously Cheap Given Its Potential

Despite recent stock price decline, I remain bullish on NLCP due to its high-quality contracts and potential growth catalysts, including cannabis rescheduling and market expansion. NLCP faced challeng...

4 weeks ago - Seeking Alpha

If I Could Only Buy 3 REITs During This Crash

REITs are finally outperforming again. They are not impacted by the trade war or even recessions in many cases. I present my top 3 buys right now.

5 weeks ago - Seeking Alpha

April's 5 Dividend Growth Stocks With Yields Up To 11.99%

With recent tariffs announced, it makes it a more interesting time to screen for dividend growth stocks, which can offer some stable returns during times of uncertainty. The screening we use looks at ...

6 weeks ago - Seeking Alpha

NewLake Capital Partners to Host First Quarter 2025 Earnings Call on May 8th at 11:00 a.m. ET

NEW CANAAN, Conn., April 10, 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...

7 weeks ago - GlobeNewsWire

Cash COWs: 11 High-Yield REITs

Now is a good time to invest in REITs due to low inflation, expected rate cuts, and a bullish technical trend. Analyst upgrades on REITs outnumber downgrades, and many quality REITs offer higher-than-...

2 months ago - Seeking Alpha

NewLake Capital Partners: New 52-Week Low, Near 12% Yield Attractive Amidst Rising Uncertainty

NewLake Capital Partners, despite sector risks, offers an attractive 11.9% yield and solid fundamentals, making it appealing for income-oriented investors and retirees. The REIT's low leverage, freque...

2 months ago - Seeking Alpha

3 Marijuana Stocks That Could Be Top Market Performers

The cannabis sector has, in a cliche way, grown from the ground up. With many hurdles, the legal market worldwide has come a long way. Yet there has been more invested interest is towards in the futur...

2 months ago - MarijuanaStocks

NewLake Capital Partners: Selloff Triggers Double Digit Return Potential - Upgrade To Strong Buy

NewLake Capital Partners' sell off has triggered an excellent buying opportunity for those seeking rich return profiles, attributed to the overly discounted valuations. We are looking at a promising u...

2 months ago - Seeking Alpha

NewLake Capital Partners to Participate in Upcoming April Conferences

NEW CANAAN, Conn., March 26, 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...

2 months ago - GlobeNewsWire

NewLake Capital: My Top Income Pick Yields Nearly 12%

Winter has come for the cannabis sector. NLCP is a net lease REIT focused on cannabis operator tenants. The company has a net cash balance sheet and all of the typical benefits of the net lease busine...

2 months ago - Seeking Alpha

NewLake Capital Partners: Cannabis Growth Can No Longer Stand

NewLake Capital Partners stock has been downgraded to Hold due to emerging risks and a challenging cannabis industry outlook. The cannabis industry's growth has stalled, with many operators facing hig...

2 months ago - Seeking Alpha

NewLake Capital Partners to Present at the Sidoti Virtual Investor Conference on March 19th and 20th

NEW CANAAN, Conn., March 10, 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...

2 months ago - GlobeNewsWire

NewLake Capital Partners, Inc. (NLCP) Q4 2024 Earnings Call Transcript

NewLake Capital Partners, Inc. (OTCQX:NLCP) Q4 2024 Earnings Conference Call March 6, 2025 11:00 AM ET Company Participants Valter Pinto - Managing Director, KCSA Strategic Communications Gordon DuGan...

3 months ago - Seeking Alpha

NewLake Capital Partners Reports Fourth Quarter and Full-Year 2024 Financial Results; Declared First Quarter 2025 Common Stock Dividend of $0.43 per Share

Fourth Quarter 2024 Revenue totaled $12.5 Million Full Year 2024 Revenue totaled $50.1 Million, an increase of 6.0% Year-Over-Year

3 months ago - GlobeNewsWire

NewLake Capital Partners: Buy The Sell-Off

NewLake is a REIT solely focused on the cannabis sector. Since their IPO in 2021 the business has been fully profitable, has grown steadily and has raised their dividend every year. Despite being some...

3 months ago - Seeking Alpha

Buy The Dip: 2 REITs Getting Way Too Cheap

Earnings season is leading to significant market volatility. The market is quick to overreact to short-term setbacks. Here are two great 'buy-the-dip' opportunities in the REIT sector.

3 months ago - Seeking Alpha

Top 3 Cannabis REITs for March 2025: Strong Dividends and Market Expansion

The U.S. cannabis industry continues to expand rapidly, with sales expected to reach $40 billion by 2025. Legalization efforts are also gaining momentum. Recently, several states have introduced bills...

3 months ago - MarijuanaStocks