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NLCP Stock Chart & Stats
$15.80
$0.22(1.41%)
At close: 4:00 PM EDT
$15.80
$0.22(1.41%)
Day’s Range― - ―
52-Week Range$12.09 - $16.75
Previous CloseN/A
Volume91.47K
Average Volume (3M)62.19K
Market Cap
$326.00M
Enterprise Value$323.93
Total Cash (Recent Filing)$25.76M
Total Debt (Recent Filing)$7.68M
Price to Earnings (P/E)13.4
Beta0.38
Next Earnings
Nov 05, 2026EPS Estimate
0.29Next Dividend Ex-DateN/A
Dividend Yield10.9%
Share Statistics
EPS (TTM)1.18
Shares Outstanding20,580,767
10 Day Avg. Volume62,139
30 Day Avg. Volume62,194
Financial Highlights & Ratios
PEG Ratio15.81
Price to Book (P/B)0.85
Price to Sales (P/S)6.43
P/FCF Ratio7.93
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)1.14
Revenue Forecast (FY)$48.08M
Bulls Say, Bears Say
Bulls Say
Very Conservative Balance SheetMinimal leverage and substantial liquidity reduce refinancing risk, preserve flexibility for acquisitions, and help NLCP absorb tenant or vacancy disruptions without relying heavily on external capital.
Recurring AFFO And Dividend SupportAFFO exceeding the quarterly dividend indicates that contractual rental income continues to support distributions. The payout remains within management’s stated range, supporting income durability while retaining some cash for operations.
Improved Financing FlexibilityLonger debt maturity and lower borrowing costs strengthen liquidity planning and reduce financing friction. Combined with low utilization, the facility gives NLCP capacity to fund selective portfolio growth through changing cannabis market conditions.
Bears Say
Vacancies Are Reducing Rental RevenueVacant specialized properties directly reduce rent while continuing to incur carrying costs. Replacing tenants may take time because cultivation facilities require suitable operators, creating a persistent drag on revenue and AFFO.
Tenant Bankruptcy Creates Lease RiskBankruptcy proceedings can disrupt rent collection, require lease restructuring, or force costly re-leasing. Exposure across four properties increases concentration risk, while limited security deposits may not fully offset prolonged vacancy or tenant replacement costs.
Specialized Assets Have High Re-Leasing FrictionPurpose-built cannabis real estate has a narrower tenant pool and fewer alternative uses than general commercial property. Extended vacancies could pressure margins and cash generation, while conversions or sales may require additional capital and time.
NewLake Capital Partners News
NLCP FAQ
What was NewLake Capital Partners’s price range in the past 12 months?
NewLake Capital Partners lowest stock price was $12.09 and its highest was $16.75 in the past 12 months.
What is NewLake Capital Partners’s market cap?
NewLake Capital Partners’s market cap is $326.00M.
When is NewLake Capital Partners’s upcoming earnings report date?
NewLake Capital Partners’s upcoming earnings report date is Nov 05, 2026 which is in 60 days.
How were NewLake Capital Partners’s earnings last quarter?
NewLake Capital Partners released its earnings results on Aug 05, 2026. The company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.283 by $0.007.
Is NewLake Capital Partners overvalued?
According to Wall Street analysts NewLake Capital Partners’s price is currently Overvalued.
Does NewLake Capital Partners pay dividends?
NewLake Capital Partners pays a Quarterly dividend of $0.43 which represents an annual dividend yield of 10.9%. See more information on NewLake Capital Partners dividends here
What is NewLake Capital Partners’s EPS estimate?
NewLake Capital Partners’s EPS estimate is 0.29.
How many shares outstanding does NewLake Capital Partners have?
NewLake Capital Partners has 20,580,767 shares outstanding.
What happened to NewLake Capital Partners’s price movement after its last earnings report?
NewLake Capital Partners reported an EPS of $0.29 in its last earnings report, beating expectations of $0.283. Following the earnings report the stock price went down -0.975%.
Which hedge fund is a major shareholder of NewLake Capital Partners?
Currently, no hedge funds are holding shares in NLCP
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
NewLake Capital Partners Stock Smart Score
Neutral
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Blogger Sentiment
Bullish
NLCP Sentiment 93%
Sector Average ―
Sector Average ―
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.3%
Last 30 Days ▲ 1.4%
Last 30 Days ▲ 1.4%
Technicals
SMA
Positive
20 days / 200 days
Momentum
28.96%
12-Months-Change
Fundamentals
Return on Equity
10.90%
Trailing 12-Months
Asset Growth
-2.58%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
NewLake Capital Partners
NewLake Capital Partners stands as a premier financier of real estate for businesses operating within the state-licensed cannabis sector. Established in 2019, this triple-net lease Real Estate Investment Trust (REIT) strategically secures commercial and retail assets. It accomplishes this through various avenues, including sale-leaseback arrangements, direct property acquisitions, and custom build-to-suit developments. NewLake's portfolio features properties leased to many of the most prominent players in the regulated U.S. cannabis market, positioning the company as an indispensable partner for their essential property requirements.
NLCP Company Deck
NLCP Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call presented a mix of encouraging structural positives — a conservative balance sheet, improved credit facility terms, maintained AFFO-supported dividend, an accretive Kentucky acquisition, and added lease guarantees — alongside tangible near-term operating headwinds including ~6% revenue decline, three vacant cultivation facilities reducing rental income, and a tenant bankruptcy that creates leasing uncertainty. Management emphasized disciplined underwriting and liquidity to navigate uncertainty, and noted an increasingly active pipeline and industry reform catalysts.View all NLCP earnings summariesTechnical Analysis
Ownership Overview
4.43% Insiders
0.78% Mutual Funds
<0.01% Other Institutional Investors
94.79% Public Companies and
Individual Investors