NewLake Capital Partners, Inc. (NLCP)
| Market Cap | 285.35M +7.6% |
| Revenue (ttm) | 48.76M -4.8% |
| Net Income | 21.88M -16.8% |
| EPS | 1.06 -16.9% |
| Shares Out | 20.58M |
| PE Ratio | 13.09 |
| Forward PE | 11.80 |
| Dividend | 1.72 (12.41%) |
| Ex-Dividend Date | Sep 30, 2026 |
| Volume | 48,704 |
| Open | 13.87 |
| Previous Close | 13.69 |
| Day's Range | 13.75 - 14.10 |
| 52-Week Range | 12.09 - 16.75 |
| Beta | 0.85 |
| Analysts | Strong Buy |
| Price Target | 17.50 (+26.22%) |
| Earnings Date | Nov 5, 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 20 dispensaries, primarily leased to single tenants under triple-net lease agreements. NewLake Capital Partners, Inc. was formed and incorporated on April 9, 2019 in Maryland, USA. [Read more]
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 StatementsAnalyst Summary
According to 3 analysts, the average rating for NLCP stock is "Strong Buy." The 12-month stock price target is $17.5, which is an increase of 26.22% from the latest price.
News
NewLake Capital Partners Earnings Call Transcript: Q3 2026
Q3 revenue and AFFO were in line with expectations, with 99.7% YTD rent collection and a debt-free balance sheet. Vacancies and tenant restructurings remain key offsets, while acquisitions and potential regulatory changes offer growth opportunities.
NewLake Capital Partners Earnings release: Q3 2026
NewLake Capital Partners released its Q3 2026 earnings on November 5, 2026, summarizing the period's financial results.
NewLake Capital Partners Slides: Q3 2026
NewLake Capital Partners has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on November 5, 2026.
NewLake Capital Partners Quarterly report: Q3 2026
NewLake Capital Partners has published its Q3 2026 quarterly earnings report on November 5, 2026.
NewLake Capital Partners Reports Third Quarter 2026 Financial Results
Third Quarter 2026 Revenue Totaled $12.0 Million
NewLake Capital Partners Transcript: Planet MicroCap Showcase: Toronto 2026
A 35-property cannabis real estate portfolio combines long leases, triple-net rent and no debt, with three vacancies and new transactions among growth avenues. Management sees regulatory change as a potential catalyst for industry growth and a future exchange uplisting.
NewLake Capital Partners to Host Third Quarter 2026 Earnings Call on November 5th at 11:00 a.m. ET
NEW CANAAN, Conn., Oct. 22, 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...
NewLake Capital Partners Transcript: LD Micro 20th Annual Main Event Conference
The portfolio reported 100% year-to-date rent collection, zero debt, a 13% dividend yield and nearly 12 years of remaining lease duration. Management sees rescheduling, hemp restrictions and state-market expansion supporting sector growth and future investment opportunities.
Marijuana Stocks And The Cannabis Industry: What Investors Should Watch
Marijuana stocks are entering a new phase as stronger consumer demand, regulatory progress, and improved access to U.S. capital markets compete with persistent pricing and profitability pressures. The...
NewLake Capital Partners to Participate in Upcoming October Conferences
NEW CANAAN, Conn., Oct. 06, 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...
NewLake Capital Partners Declares Third Quarter 2026 Common Stock Dividend of $0.43 per Share
NEW CANAAN, Conn., Sept. 15, 2026 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (the “Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis op...
3 High-Dividend Marijuana Stocks to Watch in September 2026
The cannabis sector continues to evolve as investors search for opportunities beyond traditional marijuana producers and dispensary operators. One area attracting attention is cannabis real estate inv...
NewLake Capital Partners Earnings Call Transcript: Q2 2026
Q2 2026 revenue and AFFO met expectations, with a strong balance sheet and 88% AFFO payout ratio. Portfolio resilience continues despite tenant challenges, and recent regulatory milestones support optimism for industry growth. Conservative leverage and new investments position the company well.
NewLake Capital Partners Earnings release: Q2 2026
NewLake Capital Partners released its Q2 2026 earnings on August 6, 2026, summarizing the period's financial results.
NewLake Capital Partners Slides: Q2 2026
NewLake Capital Partners has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 6, 2026.
NewLake Capital Partners Quarterly report: Q2 2026
NewLake Capital Partners has published its Q2 2026 quarterly earnings report on August 6, 2026.
NewLake Capital Partners Reports Second Quarter 2026 Financial Results
Second Quarter 2026 Revenue Totaled $12.1 Million Second Quarter 2026 Net Income Attributable to Common Stockholders Totaled $5.9 Million, Funds from Operations Totaled $9.9 Million, and Adjusted Fund...
NewLake Capital Partners Announces Board Transition
NEW CANAAN, Conn., July 15, 2026 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“NewLake” or “the Company”), a leading provider of real estate capital to state-licensed cannabis ope...
NewLake Capital Partners to Host Second Quarter 2026 Earnings Call on August 6th at 11:00 a.m. ET
NEW CANAAN, Conn., July 14, 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...
NewLake Capital Partners Transcript: Planet MicroCap Las Vegas 2026
A leading cannabis real estate REIT with a disciplined, low-leverage approach, the firm benefits from regulatory catalysts like federal rescheduling and state-level hemp bans, driving tenant growth and above-market yields. Growth is supported by long-term leases, rent escalators, and expansion in limited-license states.
NewLake Capital Partners Issues Second Quarter 2026 Common Stock Dividend of $0.43 per Share
NEW CANAAN, Conn., June 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...
NewLake Capital Partners Transcript: AGM 2026
The meeting confirmed a quorum, reelected all seven board members, and ratified the independent auditor for 2026. No shareholder proposals or questions were raised, and final voting results will be filed with the SEC.
NewLake Capital Partners to Participate in Upcoming June Conferences
NEW CANAAN, Conn., June 01, 2026 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“NewLake or “the Company”), a leading provider of real estate capital to state-licensed cannabis oper...
Cannabis REITs Gaining Momentum in 2026: 3 Stocks to Watch
The cannabis sector continues attracting investors in 2026. However, many traders now prefer cannabis REITs over traditional marijuana stocks. These companies offer exposure to the industry while also...
NewLake Capital Partners Transcript: 16th Annual LD Micro Invitational Conference
A leading cannabis-focused REIT highlighted its strong, low-leverage portfolio, robust dividend coverage, and growth from regulatory tailwinds, including cannabis rescheduling and state reforms. Institutional investment is expected to rise with potential uplisting, while federal actions against synthetic THC and illicit sales further support industry growth.