Newlake Capital Partners, Inc. (NLCP)
OTHER OTC:NLCP
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NLCP Stock Chart & Stats
$14.20
-$0.10(-0.56%)
At close: 4:00 PM EST
$14.20
-$0.10(-0.56%)
Day’s Range― - ―
52-Week Range$12.09 - $16.75
Previous CloseN/A
Volume32.70K
Average Volume (3M)100.69K
Market Cap
$305.62M
Enterprise Value$309.14M
Total Cash (Recent Filing)$24.77M
Total Debt (Recent Filing)$7.70M
Price to Earnings (P/E)11.9
Beta0.34
Next Earnings
Aug 12, 2026EPS Estimate
0.28Next Dividend Ex-DateN/A
Dividend Yield11.49%
Share Statistics
EPS (TTM)1.25
Shares Outstanding20,580,767
10 Day Avg. Volume119,110
30 Day Avg. Volume100,693
Financial Highlights & Ratios
PEG Ratio15.85
Price to Book (P/B)0.85
Price to Sales (P/S)6.43
P/FCF Ratio7.93
Enterprise Value/Market Cap1.01
Enterprise Value/Revenue6.16
Enterprise Value/Gross Profit30.11
Enterprise Value/Ebitda7.27
Forecast
1Y Price Target
$17.00Price Target Upside19.72% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)1.13
Revenue Forecast (FY)$48.14M
Bulls Say, Bears Say
Bulls Say
Conservative Balance Sheet & LiquidityNewLake's extremely low leverage, large undrawn revolver and cash position create durable financial flexibility. With no maturities until May 2027 and ~78x debt service coverage, the REIT can absorb tenant stress, fund re-leasing and sustain distributions without relying on external capital in the near term.
Strong Cash Generation And FCF AlignmentConsistent positive free cash flow that aligns with net income provides a stable internal funding source for dividends and asset management. The recent TTM rebound improves resilience versus cyclical rent timing, allowing the company to cover payouts and maintenance without structural reliance on new financings.
High-quality Tenant Concentration (>50% ABR)A large share of ABR tied to leading MSOs with strong margins and positive free cash flow reduces counterparty risk and supports stable collections. These tenants' scale and extended debt profiles increase likelihood of long-term tenancy and more predictable rent receipts versus smaller, undercapitalized operators.
Bears Say
Vacancies And Tenant Credit StressPersistent vacancies at multiple cultivation and retail sites and instances of unpaid rent signal elevated tenant credit risk in the portfolio. Slow re-tenanting amplifies revenue volatility over multiple quarters, reducing sustainable AFFO and increasing the time and cost required to restore stabilized cash flows.
High Dividend Payout Ratio Limits FlexibilityDividend distributions absorbing the majority of AFFO leave limited retained earnings to fund capex, tenant improvements or absorb new vacancy-related shortfalls. This high payout ratio constrains the balance sheet's shock-absorbing capacity and restricts the firm's ability to self-fund growth or protracted re-leasing.
Cooling Revenue And Limited Earnings MomentumTop-line growth has decelerated from earlier expansion and recent TTM shows modest decline, limiting organic drivers of dividend growth. Without material improvements in leasing velocity or regulatory-driven industry recovery, earnings growth may remain muted and constrain longer-term distribution expansion.
NewLake Capital Partners News
NLCP FAQ
What was Newlake Capital Partners, Inc.’s price range in the past 12 months?
Newlake Capital Partners, Inc. lowest stock price was $12.09 and its highest was $16.75 in the past 12 months.
What is Newlake Capital Partners, Inc.’s market cap?
Newlake Capital Partners, Inc.’s market cap is $305.62M.
When is Newlake Capital Partners, Inc.’s upcoming earnings report date?
Newlake Capital Partners, Inc.’s upcoming earnings report date is Aug 12, 2026 which is in 70 days.
How were Newlake Capital Partners, Inc.’s earnings last quarter?
Newlake Capital Partners, Inc. released its earnings results on May 07, 2026. The company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.283 by -$0.003.
Is Newlake Capital Partners, Inc. overvalued?
According to Wall Street analysts Newlake Capital Partners, Inc.’s price is currently Undervalued.
Does Newlake Capital Partners, Inc. pay dividends?
Newlake Capital Partners, Inc. pays a Quarterly dividend of $0.43 which represents an annual dividend yield of 11.49%. See more information on Newlake Capital Partners, Inc. dividends here
What is Newlake Capital Partners, Inc.’s EPS estimate?
Newlake Capital Partners, Inc.’s EPS estimate is 0.28.
How many shares outstanding does Newlake Capital Partners, Inc. have?
Newlake Capital Partners, Inc. has 20,580,767 shares outstanding.
What happened to Newlake Capital Partners, Inc.’s price movement after its last earnings report?
Newlake Capital Partners, Inc. reported an EPS of $0.28 in its last earnings report, missing expectations of $0.283. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Newlake Capital Partners, Inc.?
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
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3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$17.00 (19.72% Upside)
$17.00 (19.72% Upside)
Blogger Sentiment
Bullish
NLCP Sentiment 70%
Sector Average ―
Sector Average ―
Insider Transactions
Bought Shares
Worth $5.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.1%
Last 30 Days ▲ 14.6%
Last 30 Days ▲ 14.6%
Technicals
SMA
Positive
20 days / 200 days
Momentum
21.67%
12-Months-Change
Fundamentals
Return on Equity
6.63%
Trailing 12-Months
Asset Growth
-2.32%
Trailing 12-Months
Company Description
Newlake Capital Partners, Inc.
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
Q1 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
$17.00
▲(19.72% Upside)
Technical Analysis
Ownership Overview
5.03% Insiders
0.78% Mutual Funds
<0.01% Other Institutional Investors
94.19% Public Companies and
Individual Investors
Options Prices
Currently, No data available
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