NLCP Stock Overview
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.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
NewLake Capital Partners, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$18.45 |
| 52 Week High | US$19.50 |
| 52 Week Low | US$11.80 |
| Beta | 0.99 |
| 1 Month Change | -2.89% |
| 3 Month Change | 13.62% |
| 1 Year Change | 50.00% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -38.50% |
Recent News & Updates
Recent updates
Shareholder Returns
| NLCP | US Industrial REITs | US Market | |
|---|---|---|---|
| 7D | 3.8% | -2.4% | 1.2% |
| 1Y | 50.0% | -11.7% | 24.9% |
Return vs Industry: NLCP exceeded the US Industrial REITs industry which returned -10% over the past year.
Return vs Market: NLCP exceeded the US Market which returned 24.7% over the past year.
Price Volatility
| NLCP volatility | |
|---|---|
| NLCP Average Weekly Movement | 3.8% |
| Industrial REITs Industry Average Movement | 3.7% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: NLCP has not had significant price volatility in the past 3 months.
Volatility Over Time: NLCP's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2019 | 8 | Anthony Coniglio | www.newlake.com |
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 31 properties comprised of 14 cultivation facilities and 17 dispensaries that are leased to single tenants on a triple-net basis.
NewLake Capital Partners, Inc. Fundamentals Summary
| NLCP fundamental statistics | |
|---|---|
| Market cap | US$402.06m |
| Earnings (TTM) | US$24.59m |
| Revenue (TTM) | US$47.30m |
16.1x
P/E Ratio8.4x
P/S RatioIs NLCP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NLCP income statement (TTM) | |
|---|---|
| Revenue | US$47.30m |
| Cost of Revenue | US$657.00k |
| Gross Profit | US$46.65m |
| Other Expenses | US$22.06m |
| Earnings | US$24.59m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 09, 2024
| Earnings per share (EPS) | 1.15 |
| Gross Margin | 98.61% |
| Net Profit Margin | 51.97% |
| Debt/Equity Ratio | 0.5% |
How did NLCP perform over the long term?
See historical performance and comparison