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NewLake Capital Partners (NLCP) Stock Price & Analysis

NLCP Stock Chart & Stats

$13.72$0.09(0.67%)
At close: 4:00 PM EDT
$14$15$163 Aug17 Aug31 Aug14 Sep28 Sep12 Oct26 Oct
Day’s Range
$13.53 - $13.94
52-Week Range
$12.09 - $16.75
Previous Close
$13.63
Volume
91.47K
Average Volume (3M)
75.57K
Market Cap
$282.42M
Enterprise Value
$323.93M
Total Cash (Recent Filing)
$25.76M
Total Debt (Recent Filing)
$7.68M
Price to Earnings (P/E)
11.6
Beta
0.37
Next Earnings
Nov 05, 2026 (Est.)
EPS Estimate
0.29
Last Dividend Ex-Date
Sep 30, 2026
Dividend Yield
12.53%

Bulls Say, Bears Say

Bulls Say

Very Low Leverage And Strong Liquidity

Minimal leverage and substantial available liquidity reduce financial risk and preserve flexibility for acquisitions, property improvements, and tenant-related disruptions. The conservative capital structure also limits interest burden, helping NLCP sustain operations and pursue opportunities through changing cannabis real-estate conditions.

AFFO-supported Dividend

The quarterly dividend remained covered by AFFO and within management’s stated 80%–90% payout target. This demonstrates ongoing cash earnings capacity and supports shareholder distributions, while the measured payout leaves some recurring cash flow available for operations and portfolio needs.

Contractual Rent Growth And Selective Expansion

Contractual escalations provide a recurring source of rental growth without requiring equivalent new investment, while the Kentucky dispensary adds exposure to another regulated market. Together, these factors support gradual portfolio expansion and diversification within NLCP’s specialized real-estate strategy.

Bears Say

Three Vacant Cultivation Properties

Vacancies at three specialized properties directly reduce rental income and increase carrying costs. Because these facilities were built for cultivation, restoring occupancy may depend on finding suitable cannabis operators, creating a durable drag on portfolio earnings until leases are replaced.

Tenant Bankruptcy Creates Leasing Uncertainty

Bankruptcy exposure across four properties creates uncertainty around future rent continuity, lease terms, and asset utilization. Although rent was current through August and a potential asset buyer was identified, the situation may still require restructuring or re-leasing efforts.

Purpose-built Assets Can Be Slow To Re-tenant

The specialized nature of cultivation properties narrows the pool of replacement tenants and can lengthen vacancy periods. Extended re-leasing timelines may keep property costs elevated, delay restoration of rental income, and require NLCP to consider alternative uses or asset sales.

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 $282.42M.
When is NewLake Capital Partners’s upcoming earnings report date?
NewLake Capital Partners’s next earnings report is estimated for Nov 05, 2026 (not yet confirmed), which is in 4 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?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does NewLake Capital Partners pay dividends?
NewLake Capital Partners pays a Quarterly dividend of $0.43 which represents an annual dividend yield of 12.53%. 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 -0.977%.
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