Want to see NLCP full AI Analyst Report?
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)77.85K
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
Beta0.37
Next Earnings
Nov 05, 2026EPS Estimate
0.29Next Dividend Ex-DateN/A
Dividend Yield12.53%
Share Statistics
EPS (TTM)1.18
Shares Outstanding20,580,767
10 Day Avg. Volume61,647
30 Day Avg. Volume77,848
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 Cap1.15
Enterprise Value/Revenue6.57
Enterprise Value/Gross Profit208.45
Enterprise Value/Ebitda7.89
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)1.14
Revenue Forecast (FY)$47.79M
Bulls Say, Bears Say
Bulls Say
Very Low Leverage And Strong LiquidityMinimal 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 DividendThe 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 ExpansionContractual 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 PropertiesVacancies 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 UncertaintyBankruptcy 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-tenantThe 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 upcoming earnings report date is Nov 05, 2026 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?
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 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
NewLake Capital Partners Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Blogger Sentiment
Bullish
NLCP Sentiment 100%
Sector Average 62%
Sector Average 62%
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.2%
Last 30 Days ▼ 8.2%
Last 30 Days ▼ 8.2%
Technicals
SMA
Negative
20 days / 200 days
Momentum
17.78%
12-Months-Change
Fundamentals
Return on Equity
6.31%
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