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Newlake Capital Partners

NLCP · OTC

$13.74+$0.48 (+3.62%)TodayMarket closed ·
Prev close $13.26

About NLCP

NewLake Capital Partners, Inc. provides real estate capital to state-licensed cannabis operators through sale-leaseback transactions, third-party purchases and funding for build-to-suit projects. The company is headquartered in New Canaan, Connecticut and currently employs 7 full-time employees. The company went IPO on 2021-08-19. The company supplies necessary real estate capital primarily to companies that cultivate, produce and/or dispense cannabis. The company owns a portfolio of approximately 33 properties comprised of 15 cultivation facilities and 18 dispensaries that are leased to single tenants on a triple-net basis. The firm's properties are leased to single tenants on a long-term, triple-net basis, which obligates the tenant to be responsible for the ongoing expenses of a property, in addition to its rent obligations. Its properties are located in Florida, Pennsylvania, Illinois, Massachusetts, Missouri, Nevada, Arizona, California, Ohio, North Dakota, Arkansas and Connecticut.

Employees
7
Headquarters
New Canaan, Connecticut
Listed
Aug 19, 2021
Sector
Real Estate
Industry
Industrial REITs
Website
newlake.com

NLCP key statistics

Market cap
282.78M
Price-earnings ratio
11.14
Dividend yield
12.51%
Average volume
88.20K
Volume
31.56K
Open price
$13.60
High today
$13.75
Low today
$13.25
52 Week high
$16.75
52 Week low
$12.09

Newlake Capital Partners (NLCP) at a glance

Newlake Capital Partners (NLCP) last traded at $13.74, with a market cap of 282.78M, a price-to-earnings ratio of 11.14 and a dividend yield of 12.51%.

Today the stock has traded between $13.25 and $13.75. The current price is 3.7% above the day's low and 0.1% below its high.

Volume so far is 31.56K shares, below the average of 88.20K shares a day.

Over the past year Newlake Capital Partners has ranged from $12.09 to $16.75, and now sits 35% of the way up that range.

Newlake Capital Partners met or beat analyst EPS estimates in 4 of the last 8 quarters. In Q2 FY26 it reported $0.28 per share against an estimate of $0.3009.

The average analyst price target is $17.85, 29.9% above the current price, from 1 recent ratings.

Analyst ratings

Latest rating from each analyst over the past 12 months

100%of 1 analyst rating say Buy
  • Buy100.0%
  • Hold0.0%
  • Sell0.0%
Price target · 4 analystsAvg $17.85
Low
$17.17
Now
$13.74
High
$18.90

NLCP earnings

Earnings per share, reported against the analyst estimate

Beat the estimate in 4 of the last 8 quarters, by 6.3% on average.

  1. Q3 FY24: reported $0.31 per share against an estimate of $0.3621
  2. Q4 FY24: reported $0.31 per share against an estimate of $0.3264
  3. Q1 FY25: reported $0.31 per share against an estimate of $0.3026
  4. Q2 FY25: reported $0.35 per share against an estimate of $0.3094
  5. Q3 FY25: reported $0.32 per share against an estimate of $0.2958
  6. Q4 FY25: reported $0.29 per share against an estimate of $0.2856
  7. Q1 FY26: reported $0.286 per share against an estimate of $0.2907
  8. Q2 FY26: reported $0.28 per share against an estimate of $0.3009

NLCP news

  • Press releaseGlobe Newswire

    NewLake Capital Partners to Participate in Upcoming October Conferences

  • Press releaseGlobe Newswire

    NewLake Capital Partners to Host Second Quarter 2026 Earnings Call on August 6th at 11:00 a.m. ET

  • Press releaseGlobe Newswire

    NewLake Capital Partners to Participate in Upcoming June Conferences

  • Press releaseGlobe Newswire

    NewLake Capital Partners to Participate in Upcoming May Conferences

  • Press releaseGlobe Newswire

    NewLake Capital Partners to Host First Quarter 2026 Earnings Call on May 8th at 11:00 a.m. ET

  • Press releaseGlobe Newswire

    NewLake Capital Partners to Host Fourth Quarter and Full Year 2025 Earnings Call on March 6th at 11:00 a.m. ET

  • Press releaseGlobe Newswire

    NewLake Capital Partners to Present at the Sidoti Micro Cap Virtual Conference on January 21st and 22nd

  • Press releaseGlobe Newswire

    NewLake Capital Partners to Host Third Quarter 2025 Earnings Call on November 6th at 11:00 a.m. ET

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Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.