NewLake Capital Partners, Inc. (NLCP)
| Market Cap | 293.28M -4.8% |
| Revenue (ttm) | 50.17M -1.1% |
| Net Income | 25.80M +1.0% |
| EPS | 1.25 +0.5% |
| Shares Out | 20.58M |
| PE Ratio | 11.44 |
| Forward PE | 12.32 |
| Dividend | 1.72 (12.07%) |
| Ex-Dividend Date | Mar 31, 2026 |
| Volume | 2,842 |
| Average Volume | 89,281 |
| Open | 14.38 |
| Previous Close | 14.25 |
| Day's Range | 14.33 - 14.38 |
| 52-Week Range | 12.09 - 16.75 |
| Beta | 0.81 |
| RSI | 44.92 |
| Earnings Date | May 8, 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 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 StatementsNews
NewLake Capital Partners upgraded to Buy from Neutral at Compass Point
Compass Point upgraded NewLake Capital Partners (NLCP) to Buy from Neutral with a price target of $17, up from $15.
NewLake Capital Partners Earnings Call Transcript: Q1 2026
Q1 2026 results were in line with expectations, supported by strong liquidity, minimal debt, and a 90% AFFO payout ratio. Regulatory progress, including medical cannabis rescheduling, is expected to improve tenant credit and industry fundamentals.
NewLake Capital Partners Reports First Quarter 2026 Financial Results
First Quarter 2026 Revenue Totaled $12.3 Million First Quarter 2026 Net Income Attributable to Common Stockholders Totaled $5.8 Million, Funds from Operations Totaled $9.7 Million, and Adjusted Funds ...
Top 3 Cannabis REIT Stocks to Watch in May 2026 for High Dividend Income
The cannabis sector continues to shift in 2026. Regulatory changes remain a major catalyst. In particular, federal reform discussions are once again gaining attention. If progress happens, operators c...
NewLake Capital Partners to Participate in Upcoming May Conferences
NEW CANAAN, Conn., May 05, 2026 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“NewLake or “the Company”), a leading provider of real estate capital to state-licensed cannabis opera...
3 Cannabis REITs Positioned for Growth in 2026
The cannabis sector continues evolving in 2026, and REITs are gaining attention again. These companies offer exposure without directly selling cannabis. Instead, they generate income through leasing a...
Best Cannabis REITs and Lenders to Watch This April 2026
The U.S. cannabis industry continues to expand despite regulatory uncertainty. However, ancillary companies remain critical to its long-term growth. These businesses provide real estate and financing ...
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...
NewLake Capital Partners downgraded to Neutral from Buy at Compass Point
Compass Point downgraded NewLake Capital Partners (NLCP) to Neutral from Buy with an unchanged price target of $15.
NewLake Capital Partners Earnings Call Transcript: Q4 2025
2025 saw modest revenue and AFFO growth, strong cash flow, and disciplined risk management amid industry headwinds. The portfolio remains solid, with top tenants performing well and proactive asset management reducing risk. Liquidity and leverage metrics are strong.
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
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...
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...
NewLake Capital Partners Transcript: Status update
A cannabis-focused REIT with a high-yield, low-leverage portfolio, strong dividend coverage, and a cautious approach to new deals. Regulatory catalysts like rescheduling and 280E removal are expected to drive future growth, though sector volatility and capital market access remain challenges.
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...
NewLake Capital Partners Transcript: Sidoti Micro-Cap Virtual Investor Conference
A cannabis-focused REIT highlighted its strong, low-leverage balance sheet, robust dividend growth, and strategic focus on limited license states for portfolio durability. Federal reforms and the SAFER Banking Act are seen as major catalysts for growth and market access.
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...
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...
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 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...
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...
NewLake Capital Partners upgraded to Buy at Lucid on potential cannabis reform
As previously reported, Lucid Capital analyst Craig Kucera upgraded NewLake Capital Partners (NLCP) to Buy from Neutral with a price target of $16, up from $14, citing reports that indicate…
NewLake Capital Partners upgraded to Buy from Neutral at Lucid Capital
Lucid Capital analyst Craig Kucera upgraded NewLake Capital Partners (NLCP) to Buy from Neutral with a price target of $16, up from $14.
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...
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...