NewLake Capital Partners, Inc. (NLCP)

OTCMKTS · Delayed Price · Currency is USD
14.50
-0.28 (-1.89%)
Mar 31, 2026, 3:55 PM EST
Market Cap310.30M -0.9%
Revenue (ttm)51.07M +1.9%
Net Income26.32M +0.8%
EPS1.28 +0.6%
Shares Out21.49M
PE Ratio11.32
Forward PE12.50
Dividend1.72 (11.64%)
Ex-Dividend DateMar 31, 2026
Volume28,999
Average Volume78,125
Open14.53
Previous Close14.78
Day's Range14.03 - 14.55
52-Week Range12.08 - 16.75
Beta0.87
RSI31.44
Earnings DateMar 6, 2026

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 34 properties, including 15 cultivation facilities and 19 dispensaries, primarily leased to single tenants under triple-net lease agreements. NewLake Capital Partners, Inc. was formed in April 9, 2019. [Read more]

Founded 2019
Employees 7
Stock Exchange OTCMKTS
Ticker Symbol NLCP
Full Company Profile

Financial Performance

In 2025, NewLake Capital Partners's revenue was $51.07 million, an increase of 1.88% compared to the previous year's $50.13 million. Earnings were $26.32 million, an increase of 0.78%.

Financial Statements

News

Top 3 Cannabis REITs to Watch in March 2026 for High Dividend Income

The cannabis sector continues evolving as new catalysts reshape long-term growth expectations. Federal rescheduling discussions remain a major driver for the industry. In fact, potential policy change...

12 days ago - MarijuanaStocks

NewLake Capital Partners: This Double-Digit Yield Cannabis REIT Is Just Getting Started

NewLake Capital Partners is reiterated as a Strong Buy, driven by robust AFFO, prudent management, and a nearly debt-free balance sheet. NLCP offers a sustainable double-digit dividend yield with an ~...

23 days ago - Seeking Alpha

NewLake Capital Partners: Resilient Dividends, Healthy Balance Sheet/Tenants, And Industry Tailwinds

Federal cannabis rescheduling, tax relief from 280E elimination, potential banking reform, and hemp loophole closure are well poised to improve the cannabis industry's fundamentals. NewLake Capital Pa...

23 days ago - Seeking Alpha

NewLake Capital Partners, Inc. (NLCP) Q4 2025 Earnings Call Transcript

NewLake Capital Partners, Inc. (NLCP) Q4 2025 Earnings Call Transcript

25 days ago - Seeking Alpha

NewLake Capital Partners Reports Fourth Quarter and Full-Year 2025 Financial Results; Declared First Quarter 2026 Common Stock Dividend of $0.43 per Share

Fourth Quarter 2025 Revenue totaled $12.3 Million Full Year 2025 Revenue totaled $51.1 Million

26 days ago - GlobeNewsWire

Cash COWs: 12 High-Yield REITs With Safe Dividends

REITs currently offer compelling value, with average yields near 3.71% and attractive relative valuations versus the S&P 500. VNQ is positioned for a technical rebound, with potential upside of nearly...

4 weeks ago - Seeking Alpha

High-Yield Cannabis REITs to Watch in March 2026

The cannabis sector continues to evolve in early 2026. However, volatility remains a defining feature. Multi-state operators still face pricing pressure. At the same time, capital remains tight across...

4 weeks ago - MarijuanaStocks

NewLake Capital Partners: An Undervalued REIT With Double-Digit Yield

NewLake Capital Partners (NLCP) is rated a 'Strong Buy' for its stable income, 11% yield, and sector-leading balance sheet. NLCP's revenue and AFFO remain stable, with no tenant defaults and long-term...

6 weeks ago - Seeking Alpha

3 Cannabis REIT Stocks Offering Income Potential in Q1 2026

The cannabis industry continues to evolve as legalization expands and regulations slowly improve. While many investors focus on plant-touching companies, others prefer lower-risk exposure. This is whe...

7 weeks ago - MarijuanaStocks

NewLake Capital Partners, Inc. (NLCP) Discusses Sale Leaseback Model and Macroeconomic Factors in Cannabis Real Estate Transcript

NewLake Capital Partners, Inc. (NLCP) Discusses Sale Leaseback Model and Macroeconomic Factors in Cannabis Real Estate Transcript

7 weeks ago - Seeking Alpha

3 Cannabis REITs Investors Are Watching Closely in January 2026

The cannabis sector continues evolving as capital markets slowly reopen. However, volatility remains high for plant-touching cannabis operators. Because of that, many investors look toward cannabis re...

2 months ago - MarijuanaStocks

NewLake Capital Partners to Present at the Sidoti Micro Cap Virtual Conference on January 21st and 22nd

NEW CANAAN, Conn., Jan. 12, 2026 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis ope...

2 months ago - GlobeNewsWire

If I Could Only Buy 3 REITs For The Next Year

Now is the time to make our picks for the next year. Some REITs enjoy strong near-term catalysts for upside. I highlight 3 such REITs that could surge in 2026.

2 months ago - Seeking Alpha

3 Marijuana Stocks That Can Make You Money In 2026

What are the thoughts and strategies for marijuana stock investors in 2026? This year will be another turning point for the cannabis industry as a whole. Particularly in the United States, 2026 is gea...

2 months ago - MarijuanaStocks

Income-Focused Ancillary Cannabis Stocks to Watch Heading Into 2026

The U.S. cannabis industry continues to evolve as legalization momentum slowly expands. Sales have grown across both medical and adult-use markets. Analysts expect long-term demand to keep rising as m...

3 months ago - MarijuanaStocks

NewLake Capital Partners: The Best Way To Participate In Cannabis Rescheduling

NewLake Capital Partners is a U.S. REIT focused on cannabis-related real estate, operating in states like Pennsylvania, Florida, and Illinois. I see NLCP as a major beneficiary of President Trump's ex...

3 months ago - Seeking Alpha

3 Cannabis REITs Investors Are Watching Closely in December 2025

Cannabis real estate investment trusts remain a unique way to gain sector exposure. Instead of selling cannabis, these companies collect rent or interest. As a result, they reduce direct operational r...

3 months ago - MarijuanaStocks

Undercovered Dozen: Canadian Natural Resources, Duke Energy, PennyMac Mortgage And More

This week's Undercovered Dozen highlights 12 lesser-followed stocks and funds, each with distinct catalysts or value opportunities. This week's edition covers articles published between Dec. 12 and De...

3 months ago - Seeking Alpha

NewLake Capital Partners: Upgraded To Buy On Regulatory Shift

NewLake Capital Partners is upgraded to Buy, driven by a surprise cannabis rescheduling announcement and resilient financials. NLCP maintains a stable $0.43 dividend with 82% AFFO payout and minimal d...

3 months ago - Seeking Alpha

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

NEW CANAAN, Conn., Dec. 15, 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

Cannabis REITs to Watch This December

Ancillary cannabis companies remain a fascinating part of the industry because they help it operate without touching the plant. These companies supply real estate, financing, or essential services. Be...

4 months ago - MarijuanaStocks

3 Top Marijuana Stocks To Watch In Today's Stock Market

The push for better cannabis reform is and seems to be an ongoing battle. Now, from the time the first state legalized cannabis, there has been tremendous growth and opportunity. This led other states...

4 months ago - MarijuanaStocks

NewLake Capital Partners to Attend MJBizCon 2025 in Las Vegas

Company Executives Available for One-on-One Investor and Industry Meetings Company Executives Available for One-on-One Investor and Industry Meetings

4 months ago - GlobeNewsWire

Three Leading Ancillary Cannabis Stocks Poised for Growth in November 2025

The ancillary cannabis sector continues to draw new interest as the industry navigates a shifting landscape in late 2025. Many investors remain cautious about traditional plant-touching companies beca...

4 months ago - MarijuanaStocks

NewLake Capital Partners: REIT With Double-Digit Dividends, Nearly Zero Debt, And Significant Potential

NewLake Capital Partners: REIT With Double-Digit Dividends, Nearly Zero Debt, And Significant Potential

4 months ago - Seeking Alpha