AFC Gamma, Inc. (AFCG)

NASDAQ: AFCG · IEX Real-Time Price · USD
20.50
0.17 (0.84%)
At close: Jan 14, 2022 4:00 PM
20.55
0.05 (0.24%)
After-hours:Jan 14, 2022 5:23 PM EST
Market Cap398.58M
Revenue (ttm)5.25M
Net Income (ttm)4.31M
Shares Out19.44M
EPS (ttm)1.82
PE Ratio11.28
Forward PEn/a
Dividend$1.26 (6.15%)
Ex-Dividend DateDec 30, 2021
Volume141,646
Open20.31
Previous Close20.33
Day's Range20.21 - 20.51
52-Week Range18.91 - 25.50
Betan/a
AnalystsBuy
Price Target27.79 (+35.6%)
Earnings DateNov 4, 2021

About AFCG

AFC Gamma, Inc. originates, structures, underwrites, and manages senior secured loans and other types of loans for established companies operating in the cannabis industry in states that have legalized medicinal and/or adult use cannabis. It primarily originates loans structured as senior loans secured by real estate, equipment, licenses and/or other assets of the loan parties to the extent permitted by applicable laws and the regulations governing such loan parties. AFC Gamma, Inc. has elected and qualified to be taxed as a real estate investm...

IndustryREIT-Specialty
IPO DateMar 19, 2021
CountryUnited States
Stock ExchangeNASDAQ
Ticker SymbolAFCG
Full Company Profile

Analyst Forecast

According to 6 analysts, the average rating for AFC Gamma stock is "Buy." The 12-month stock price forecast is 27.79, which is an increase of 35.56% from the latest price.

Price Target
$27.79
(35.56% upside)
Analyst Consensus: Buy

News

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Best Income Stocks to Buy for January 10th

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Cannabis REIT AFC Gamma Raises $61.5M Via Underwritten Public Share Offering

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AFC Gamma, Inc. Announces Launch of Common Stock Offering

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1 week ago - GlobeNewsWire

Cannabis REIT AFC Gamma: Record $127.3M In Gross Originations In Q4, $341.3M On Total Commitments

Cannabis real estate investment trust AFC Gamma, Inc. (NASDAQ:AFCG) revealed Monday that the company's gross funding for the quarter ended Dec. 31, 2021, totaled $125.6 million. Based in West Palm Beach...

1 week ago - Benzinga

AFC Gamma Posts Record $127.3 Million in Gross Originations for Quarter Ended December 31, 2021

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Acreage Secures $150M In Financing Via Senior Secured Credit Facility With AFC Gamma & Viridescent Realty Trust

Vertically integrated cannabis company Acreage Holdings, Inc. (OTCQX:ACRDF) announced Thursday that it has secured a $150 million credit facility with cannabis real estate investment trust AFC Gamma, In...

4 weeks ago - Benzinga

Cannabis firm Acreage gets $100 million credit facility from AFC Gamma, Viridescent Realty

U.S. cannabis firm Acreage Holdings Inc said on Thursday it had secured a $100 million credit line from cannabis REIT AFC Gamma Inc and Viridescent Realty Trust, indicating growing investor optimism in ...

4 weeks ago - Reuters

AFC Gamma and Viridescent Realty Trust Provide Acreage Holdings with $100 Million Senior Secured Credit Facility

AFC Gamma Commits $60 Million of the $100 Million Credit Facility

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AFC Gamma Declares $0.50 Dividend Per Share For The Quarter Ending December 31, 2021

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1 month ago - GlobeNewsWire

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AFC Gamma, Inc. Announces Financial Results for Quarter Ended September 30, 2021

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AFC Gamma Raises $100M Via Senior Note Offering To Support Cannabis Businesses

AFC Gamma, Inc. (NASDAQ:AFCG) confirmed Thursday it has priced an offering of $100 million aggregate principal amount of 5.750% senior notes due 2027 to qualified institutional buyers. The Cannabis-focu...

2 months ago - Benzinga

AFC Gamma Prices Offering of 5.750% Senior Notes Due 2027

WEST PALM BEACH, Fla., Oct. 28, 2021 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (“AFC Gamma”) (Nasdaq: AFCG) announced today that it priced an offering (the “Offering”) of $100 million aggregate principal amou...

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AFC Gamma Funds $50 Million as Part of a New $120 Million Tranche of Verano Holdings Corp. Credit Facility

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