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AFC Gamma (AFCG)
NASDAQ:AFCG
Holding AFCG?
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AFCG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$8.06 - $13.35
Previous Close$10.64
Volume156.11K
Average Volume (3M)187.88K
Market Cap
$220.72M
Enterprise Value$172.91M
Total Cash (Recent Filing)$170.30M
Total Debt (Recent Filing)$123.31M
Price to Earnings (P/E)14.6
Beta0.76
Next Earnings
Nov 06, 2024EPS Estimate
$0.31Next Dividend Ex-Date
Sep 30, 2024Dividend Yield18.08%
Share Statistics
EPS (TTM)0.73
Shares Outstanding20,667,094
10 Day Avg. Volume195,164
30 Day Avg. Volume187,879
Standard Deviation0.09
R-Squared0.35
Alpha-0.00375
Financial Highlights & Ratios
Price to Book (P/B)0.70
Price to Sales (P/S)4.27
Price to Cash Flow (P/CF)5.30
P/FCF Ratio4.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.80
Enterprise Value/Gross ProfitN/A
Enterprise Value/Ebitda14.28
Forecast
1Y Price Target
$12.00Price Target Upside12.36% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
AFC Gamma News
Bulls Say, Bears Say
Bulls Say
Business StrategyThe spinoff allows AFCG to refocus on deploying capital into high-quality cannabis loans to create better risk-adjusted returns.
EarningsAFCG reported normalized distributable EPS of $0.63, beating Citizens JMP and consensus estimates.
Industry PositionAFCG is more attractively positioned to investors given its focus on cannabis.
Bears Say
EarningsDistributable EPS estimates for FY24 and FY25 decrease as a result of lower interest income earned from the sold CRE assets.
Financial PerformanceDistributable earnings estimates were lowered to $1.79 and $1.52 per share for 2024 and 2025, reflecting the effect of the spinoff.
ValuationShares are seen as fairly valued at 0.92x P/B compared to the group at 0.75x, given the uncertainty.
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Ownership Overview
43.11% Insiders
11.58% Mutual Funds
19.56% Other Institutional Investors
25.75% Public Companies and Individual Investors
AFCG FAQ
What was AFC Gamma’s price range in the past 12 months?
AFC Gamma lowest stock price was $8.05 and its highest was $13.35 in the past 12 months.
What is AFC Gamma’s market cap?
Currently, no data Available
When is AFC Gamma’s upcoming earnings report date?
AFC Gamma’s upcoming earnings report date is Nov 06, 2024 which is in 47 days.
How were AFC Gamma’s earnings last quarter?
AFC Gamma released its earnings results on Aug 07, 2024. The company reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.352 by $0.208.
Is AFC Gamma overvalued?
According to Wall Street analysts AFC Gamma’s price is currently Undervalued.
Does AFC Gamma pay dividends?
AFC Gamma pays a Quarterly dividend of $0.33 which represents an annual dividend yield of 18.08%. See more information on AFC Gamma dividends here
What is AFC Gamma’s EPS estimate?
AFC Gamma’s EPS estimate is $0.31.
How many shares outstanding does AFC Gamma have?
AFC Gamma has 20,667,093 shares outstanding.
What happened to AFC Gamma’s price movement after its last earnings report?
AFC Gamma reported an EPS of $0.56 in its last earnings report, beating expectations of $0.352. Following the earnings report the stock price went up 8.295%.
Which hedge fund is a major shareholder of AFC Gamma?
Among the largest hedge funds holding AFC Gamma’s share is Fisher Asset Management LLC. It holds AFC Gamma’s shares valued at N/A.
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AFC Gamma Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$12.00 (12.36% Upside)
$12.00 (12.36% Upside)
Blogger Sentiment
Bullish
AFCG Sentiment 75%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 10.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 3.7%
Last 30 Days ▲ 0.4%
Last 30 Days ▲ 0.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
40.18%
12-Months-Change
Fundamentals
Return on Equity
4.64%
Trailing 12-Months
Asset Growth
0.88%
Trailing 12-Months
Company Description
AFC Gamma
AFC Gamma Inc is a commercial real estate finance company. The company originates, structures, underwrites and manages senior secured loans and other types of loans for established cannabis industry operators in states that have legalized medicinal and/or adult-use cannabis.
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AFCG Company Deck
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AFCG Earnings Call
Q2 2024
0:00 / 0:00
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AFCG Stock 12 Month Forecast
Average Price Target
$12.00
▲(12.36% Upside)
Technical Analysis
Innovative Industrial Properties
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NewLake Capital Partners
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Chicago Atlantic Real Estate ate Finance Inc
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Power REIT
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Best Analysts Covering AFCG
1 Year
1 Year Success Rate
1/5 ratings generated profit
1 Year Average Return
-9.98%
assigned a buy rating 17 days ago
Copying John Hecht's trades and holding each position for 1 Year would result in 20.00% of your transactions generating a profit, with an average return of -9.98% per trade.
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