Advanced Flower Capital Inc. (AFCG)
| Market Cap | 142.13M |
| Revenue (ttm) | 41.49M |
| Net Income (ttm) | 16.34M |
| Shares Out | 22.60M |
| EPS (ttm) | 0.78 |
| PE Ratio | 8.07 |
| Forward PE | 7.73 |
| Dividend | $1.32 (21.01%) |
| Ex-Dividend Date | Mar 31, 2025 |
| Volume | 222,143 |
| Open | 6.43 |
| Previous Close | 6.35 |
| Day's Range | 6.21 - 6.42 |
| 52-Week Range | 6.08 - 10.88 |
| Beta | 1.07 |
| Analysts | Buy |
| Price Target | 11.00 (+74.88%) |
| Earnings Date | Mar 13, 2025 |
About AFCG
Advanced Flower Capital Inc. originates, structures, underwrites, invests, manages senior secured loans, and other of mortgage loans and debt securities for established companies operating in the cannabis industry. The company primarily originates loans structured as senior loans secured by real estate, equipment, cash flows, and licenses and/or other assets of the loan parties to the extent permitted by applicable laws and the regulations governing such loan parties. The company has elected and qualified to be taxed as a real estate investment... [Read more]
Financial Performance
In 2024, Advanced Flower Capital's revenue was $41.49 million, a decrease of -19.90% compared to the previous year's $51.80 million. Earnings were $16.34 million, a decrease of -20.98%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for AFCG stock is "Buy." The 12-month stock price forecast is $11.0, which is an increase of 74.88% from the latest price.
News
Advanced Flower Capital Inc. (AFCG) Q4 2024 Earnings Call Transcript
Advanced Flower Capital Inc. (NASDAQ:AFCG) Q4 2024 Earnings Conference Call March 13, 2025 10:00 AM ET Company Participants Gabriel Katz - Chief Legal Officer Robyn Tannenbaum - President & Chief Inv...
Advanced Flower Capital Inc. Announces Financial Results for Fourth Quarter and Full Year 2024
Fourth quarter 2024 GAAP net loss of $(1.0) million or $(0.05) per basic weighted average common share and Distributable Earnings¹ of $6.3 million or $0.29 per basi c weighted average common share
Advanced Flower Capital Has A Solid Dividend And A Lot Of Near-Term Growth Opportunities
Advanced Flower Capital is a REIT specializing in loans to state-licensed cannabis operators, offering a strong dividend yield of ~15.5%. The cannabis market is growing, with 41 states legalizing medi...
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Advanced Flower Capital Provides $15 Million Senior Secured Credit Facility to Story Ohio
WEST PALM BEACH, Fla., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Advanced Flower Capital Inc. (f/k/a AFC Gamma, Inc.) (Nasdaq:AFCG) (“AFC”) today announced that it has committed and funded a $15 million senio...
Advanced Flower Capital Schedules Earnings Release and Conference Call for the Fourth Quarter and Full Year Ending December 31, 2024
WEST PALM BEACH, Fla., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Advanced Flower Capital Inc. (f/k/a AFC Gamma, Inc.) (Nasdaq: AFCG) (“AFC”) today announced that it will release its financial results for the ...
Advanced Flower Capital Inc. Announces Dividend for the Fourth Quarter 2024
WEST PALM BEACH, Fla., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Advanced Flower Capital Inc. (f/k/a AFC Gamma, Inc.) (Nasdaq:AFCG) (“AFC”) today announced its dividend for the quarter ending December 31, 202...
Advanced Flower Capital: Get Paid 13.7% Per Year As The Cannabis Market Grows
Advanced Flower Capital offers a 13.7% dividend yield, which is covered by its distributable earnings per share. AFCG's cautious underwriting and strategic equity raises ensure resilience and capitali...
Advanced Flower Capital Inc. (AFCG) Q3 2024 Earnings Call Transcript
Advanced Flower Capital Inc. (NASDAQ:AFCG) Q3 2024 Earnings Conference Call November 13, 2024 10:00 AM ET Company Participants Gabriel Katz - Chief Legal Officer Robyn Tannenbaum - President & Chief ...
Advanced Flower Capital Inc. Announces Financial Results for Third Quarter 2024
Third quarter 2024 GAAP net inc ome of $1.4 million or $0.06 per basic weighted average common share and Distributable Earnings ( 1) of $7.2 million or $0.35 per basi c weighted average common sha...
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AFC Gamma Announces First Post-Spin Dividend for the Third Quarter 2024
WEST PALM BEACH, Fla., Sept. 13, 2024 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (Nasdaq:AFCG) (“AFC”) today announced its dividend for the quarter ending September 30, 2024.
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AFC Gamma's Q2 distributable EPS rose to $0.56, enough to maintain the $0.48 dividend. The spinoff of the distressed CRE portfolio to Sunrise Realty Trust simplifies AFCG's focus on the cannabis indus...
AFC Gamma Provides a New Senior Secured Credit Facility to Private Company Q and Expands Existing Senior Secured Credit Facilities for BeLeaf Medical and Sunburn Cannabis
WEST PALM BEACH, Fla., Aug. 19, 2024 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (Nasdaq:AFCG) (“Advanced Flower Capital” or “AFC”) today announced it has closed a new senior secured credit facility for Priva...
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AFC Gamma, Inc. (AFCG) Q2 2024 Earnings Call Transcript
AFC Gamma, Inc. (NASDAQ:AFCG) Q2 2024 Earnings Conference Call August 7, 2024 10:00 AM ET Company Participants Gabriel Katz – Chief Legal Officer Daniel Neville – Chief Executive Officer Robyn Tannen...
AFC Gamma, Inc. Schedules Second Quarter 2024 Earnings Conference Call for August 7, 2024
WEST PALM BEACH, Fla., July 15, 2024 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (Nasdaq: AFCG) (“Advanced Flower Capital” or “AFC”) today announced that it plans to report earnings for the quarter ended June...
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AFC Gamma Announces Record Date and Special Dividend for Spin-Off of Commercial Real Estate Portfolio
Record Date for Distribution of Sunrise Realty Trust to be July 8, 2024 Distribution Date Expected to be July 9, 2024 Board of Directors Declares $0.15 per Share Spin-Off Special Dividend