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NewLake Capital Partners (NLCP)
OTHER OTC:NLCP
NLCP Stock Chart & Stats
$15.94
-$0.10(-0.56%)
At close: 4:00 PM EST
$15.94
-$0.10(-0.56%)
Day’s Range― - ―
52-Week Range$12.08 - $16.75
Previous CloseN/A
Volume32.70K
Average Volume (3M)102.47K
Market Cap
$327.61M
Enterprise Value$294.63M
Total Cash (Recent Filing)$23.94M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)12.5
Beta0.47
Next Earnings
May 07, 2026EPS Estimate
0.27Next Dividend Ex-DateN/A
Dividend Yield11.49%
Share Statistics
EPS (TTM)0.29
Shares Outstanding20,552,631
10 Day Avg. Volume93,399
30 Day Avg. Volume102,473
Financial Highlights & Ratios
PEG Ratio15.85
Price to Book (P/B)0.85
Price to Sales (P/S)6.43
P/FCF Ratio7.74
Enterprise Value/Market Cap0.90
Enterprise Value/Revenue5.77
Enterprise Value/Gross Profit7.15
Enterprise Value/Ebitda6.89
Forecast
1Y Price Target
$16.00Price Target Upside0.38% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)1.15
Revenue Forecast (FY)$46.46M
Bulls Say, Bears Say
Bulls Say
Conservative Balance Sheet & LiquidityNewLake's exceptionally low leverage, minimal outstanding debt and sizable liquidity provide durable financial flexibility. This reduces refinancing risk, supports dividend continuity during tenant stress, and gives capacity to fund re-tenanting or opportunistic acquisitions without relying on volatile external capital markets.
Strong Cash Generation And MarginsConsistent operating cash flow and high net income margins underpin the company's ability to generate distributable cash. Over the medium term this supports dividend funding and debt service, and provides a buffer to absorb episodic tenant delinquencies despite some historical FCF volatility.
High-quality Anchor TenantsConcentration in leading, cash-generative operators gives durable rent stability versus a fragmented tenant base. These tenants' strong margins and operating cash flow reduce short-term credit risk for a material portion of rents, making core rental income more resilient through industry cycles.
Bears Say
Revenue Softness And VacanciesMaterial revenue decline and ongoing vacant sites signal weaker asset utilization and slower lease-up, which can erode AFFO and slow growth. Prolonged vacancy or slow re-tenanting would pressure distributable cash and increase leasing costs, limiting durable earnings expansion over the medium term.
High Dividend Payout RatioSustaining a high payout consumes most AFFO, reducing retained earnings available for capital improvements, tenant concessions, or absorbing additional delinquencies. Over months, this constrains the firm's ability to invest in re-tenanting or absorb further shocks without tapping external financing.
Sector Credit & Regulatory HeadwindsStructural cannabis industry issues—limited institutional capital, punitive 280E taxation and pockets of tenant insolvency—raise ongoing tenant credit risk. These persistent constraints can slow leasing activity, increase tenant turnover, and raise underwriting risk for NewLake's niche REIT model over the coming months.
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 $12.08 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 $327.61M.
When is NewLake Capital Partners’s upcoming earnings report date?
NewLake Capital Partners’s upcoming earnings report date is May 07, 2026 which is in 61 days.
How were NewLake Capital Partners’s earnings last quarter?
NewLake Capital Partners released its earnings results on Mar 05, 2026. The company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.297 by -$0.007.
Is NewLake Capital Partners overvalued?
According to Wall Street analysts NewLake Capital Partners’s price is currently Undervalued.
Does NewLake Capital Partners pay dividends?
NewLake Capital Partners pays a Quarterly dividend of $0.43 which represents an annual dividend yield of 11.49%. See more information on NewLake Capital Partners dividends here
What is NewLake Capital Partners’s EPS estimate?
NewLake Capital Partners’s EPS estimate is 0.27.
How many shares outstanding does NewLake Capital Partners have?
NewLake Capital Partners has 20,552,631 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, missing expectations of $0.297. Following the earnings report the stock price went down -3.011%.
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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$16.00 (0.38% Upside)
$16.00 (0.38% Upside)
Blogger Sentiment
Bullish
NLCP Sentiment 100%
Sector Average ―
Sector Average ―
Crowd Wisdom
Positive
Last 7 Days ▼ 2.6%
Last 30 Days ▲ 4.1%
Last 30 Days ▲ 4.1%
News Sentiment
Bullish
Bullish news 75%
Bearish news 25%
Bearish news 25%
Technicals
SMA
Positive
20 days / 200 days
Momentum
8.36%
12-Months-Change
Fundamentals
Return on Equity
6.66%
Trailing 12-Months
Asset Growth
-2.44%
Trailing 12-Months
Company Description
NewLake Capital Partners
NewLake Capital Partners is a leading provider of real estate capital to state-licensed cannabis operators. Founded in 2019, it is a triple-net lease REIT that acquires industrial and retail properties through sale-leaseback transactions, third-party purchases and build-to-suit projects. Its tenants are some of the leading operators in the U.S. state-licensed cannabis industry and it is a trusted partner for their real estate needs.
NLCP Company Deck
NLCP Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call conveyed cautious optimism: NewLake reported modest revenue and AFFO growth, strong tenant cash flows from top operators, very low leverage and ample liquidity—key financial strengths. Offsetting these positives are persistent industry headwinds (capital scarcity, 280E tax burden), pockets of tenant stress and vacancies that pressured quarterly results, and ongoing re‑tenanting challenges. Management emphasized disciplined risk management and maintained conservative origination, signaling resilience but also limited near-term upside until policy reforms and tenant stability improve.View all NLCP earnings summariesNLCP Stock 12 Month Forecast
Average Price Target
$16.00
▲(0.38% Upside)
Technical Analysis
Ownership Overview
4.95% Insiders
0.57% Mutual Funds
<0.01% Other Institutional Investors
94.48% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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