NEWLAKE CAP PARTNERS INC by NewLake Capital Partners, Inc. (NLCP) Stock Price, Quote, News & History | Be - Benzinga

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NEWLAKE CAP PARTNERS INC by NewLake Capital Partners, Inc. (NLCP) Stock Price, Quote, News & History

NLCPOTCQX

Trade with Public

Trade with Public

$13.95

0.201.45%

Last update: Oct 9, 3:56 PM

OverviewNews Events Price Targets Financials Sentiment Ownership Compare

Key Statistics

Open

$13.76

Close

$13.95

Volume / Avg.

78.44K / 71.28K

Day Range

$13.75 - $13.99

52 Wk Range

12.09 - 16.75

Market Cap

-

P/E Ratio

11.65

Dividend Yield

12.51%

Exchange

OTC

RSI

-

Short Interest

-

Days to Cover

1

Recent Newlake Capital Partners Inc News

This Week In Cannabis: Earnings Divide The Market As DEA, Brands And Bills Move Forward

This week: Q1 earnings reveal a widening market divide, DEA nominee prioritizes rescheduling, and Rove and Swade make big expansion plays.

Javier Hasse

The Price Is Right: This Weed Real Estate Stock Proves Conservative Strategies Bring Returns

New Lake Capital Partners (OTC:NLCP), a real estate company focused on cannabis properties, offers an attractive investment with a 9.1% dividend yield, well above the return on 10-year government bonds.

Nicolás Jose Rodriguez

This Cannabis REIT Offers 13%+ Yield, Safer Returns Than Fed-Backed Bonds

The company's loan portfolio offers 18%+ returns, with a 13%+ yield, making it an attractive investment, according to Zuanic & Associates.

Nicolás Jose Rodriguez

Cannabis REIT NewLake: 9.3% YoY Q3 Revenue Growth Despite Tenant Challenges, CEO Optimistic

NewLake Capital Partners, Inc. (OCTQX: NLCP) announced on Wednesday its financial results for the third quarter ended Sept. 30, 2024.NewLake Capital Partners, Inc. (OCTQX: NLCP) announced on Wednesday its financial results for the third quarter ended Sept. 30, 2024. The New Canaan, Connecticut-based company said third-quarter revenue totaled $12.6 million, representing an increase of 9.3% year-over-year.Anthony Coniglio, NewLake's president and CEO, called quarterly financial results solid. He is optimistic regarding cannabis prospects under the new Donald Trump administration.

Jelena Martinovic

Cannabis Industry Leaders React To Trump Victory: Expect Changes

Cannabis industry leaders respond to Trump's victory with hopes for federal reforms and banking access but caution over regulatory challenges.

Rolando García

Financials

Quarterly

Annual

Name

Revenue Change
Gross Change
EBITDA Change
EBIT Change
Earnings Change

Cash Flows

Operating Cash Flow (TTM)

41.68M

Investing Cash Flow (TTM)

-1.08M

Financing Cash Flow (TTM)

-36.70M

Free Cash Flow (TTM)

41.68M

Capital Expenditure (TTM)

-

Net Change in Cash (TTM)

3.91M

Analyst Trends and Forecast

1

May

Buy

Hold

Sell

Strong Sell

Analyst Rating and Forecast

4.0

Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Valuation Metrics

Enterprise Value

$268.94M

PE Ratio (TTM)

11.65

PE Ratio (FWD)

11.65

PEG Ratio (TTM)

-

PS Ratio (TTM)

5.86

PB Ratio (TTM)

0.74

Earnings Yield % (TTM)

8.58%

Earnings Yield % (FWD)

8.58%

EV / EBITDA (TTM)

6.43

Price / EBITDA (TTM)

7.02

Price / Free Cash Flow (TTM)

6.93

Book Value / Share

$18.57

Company Debt

Total Debt

$7.60M

LT Debt

-

LT Debt Issuance (TTM)

-

LT Debt Repayment (TTM)

-

Total Cash

$25.76M

Debt to Equity

0.02

Issuance of Debt (TTM)

-

Repayment of Debt (TTM)

-