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NewLake Capital Partners ( (NLCP) ) has issued an announcement.
NewLake Capital Partners reported its financial results for the second quarter of 2025, showing a revenue increase of 3.8% year-over-year to $12.9 million and net income attributable to common stockholders of $7.3 million. The company maintained a stable business model with a 79% AFFO payout ratio, despite challenges in the cannabis industry, and declared a dividend of $0.43 per common share for the quarter.
The most recent analyst rating on (NLCP) stock is a Buy with a $23.50 price target. To see the full list of analyst forecasts on NewLake Capital Partners stock, see the NLCP Stock Forecast page.
Spark’s Take on NLCP Stock
According to Spark, TipRanks’ AI Analyst, NLCP is a Outperform.
NewLake Capital Partners’ strong financial performance and attractive valuation are the primary strengths, supported by a robust dividend yield. However, technical indicators suggest a neutral market sentiment, and the earnings call highlights industry challenges and a slight decline in AFFO, which temper the overall score.
To see Spark’s full report on NLCP stock, click here.
More about NewLake Capital Partners
NewLake Capital Partners, Inc. is a leading provider of real estate capital to state-licensed cannabis operators.
Average Trading Volume: 28,431
Technical Sentiment Signal: Sell
Current Market Cap: $286.7M
See more insights into NLCP stock on TipRanks’ Stock Analysis page.