NLCP Stock Overview
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$20.85 |
| 52 Week High | US$21.46 |
| 52 Week Low | US$12.43 |
| Beta | 0.95 |
| 11 Month Change | 1.81% |
| 3 Month Change | 3.46% |
| 1 Year Change | 48.93% |
| 33 Year Change | -28.72% |
| 5 Year Change | n/a |
| Change since IPO | -30.50% |
Recent News & Updates
Recent updates
Shareholder Returns
| NLCP | US Industrial REITs | US Market | |
|---|---|---|---|
| 7D | 4.7% | -2.3% | 1.2% |
| 1Y | 48.9% | 10.1% | 30.2% |
Return vs Industry: NLCP exceeded the US Industrial REITs industry which returned 10.1% over the past year.
Return vs Market: NLCP exceeded the US Market which returned 30.2% over the past year.
Price Volatility
| NLCP volatility | |
|---|---|
| NLCP Average Weekly Movement | 3.6% |
| Industrial REITs Industry Average Movement | 3.2% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 15.1% |
| 10% least volatile stocks in US Market | 3.1% |
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$451.32m |
| Earnings (TTM) | US$26.59m |
| Revenue (TTM) | US$49.58m |
16.8x
P/E Ratio9.0x
P/S RatioIs NLCP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NLCP income statement (TTM) | |
|---|---|
| Revenue | US$49.58m |
| Cost of Revenue | US$557.00k |
| Gross Profit | US$49.02m |
| Other Expenses | US$22.43m |
| Earnings | US$26.59m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.24 |
| Gross Margin | 98.88% |
| Net Profit Margin | 53.63% |
| Debt/Equity Ratio | 1.9% |
How did NLCP perform over the long term?
See historical performance and comparisonDividends
8.2%
Current Dividend Yield80%
Payout RatioDoes NLCP pay a reliable dividends?
See NLCP dividend history and benchmarks| NewLake Capital Partners dividend dates | |
|---|---|
| Ex Dividend Date | Sep 30 2024 |
| Dividend Pay Date | Oct 15 2024 |
| Days until Ex dividend | 5 days |
| Days until Dividend pay date | 20 days |
Does NLCP pay a reliable dividends?
See NLCP dividend history and benchmarks