NewLake Capital Partners (OTC:NLCP) Stock Quotes, Forecast and News Summary

Q: What sector and industry does NewLake Capital Partners (NLCP) operate in?

NewLake Capital Partners is in the Real Estate sector and Industrial REITs industry. They are listed on the OTCQX.

NewLake Capital Partners Stock (OTC: NLCP) stock price, news, charts, stock research, profile.

Open	$18.77
Close	$17.96
Volume / Avg.	176.74K / 50.05K
Day Range	$17.51 - $18.77
52 Wk Range	14.22 - 21.46
Market Cap	$368.40M
P/E Ratio	14.37
Dividend Yield	9.13%
Exchange	OTC
RSI	0
Short Interest	-
Days to Cover	1

Recent News

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

Financials

Quarterly

Annual

Name

Revenue Change
Gross Change
EBITDA Change
EBIT Change
Earnings Change

Analyst Trends and Forecast

Dec

Buy

Hold

Sell

Strong Sell

Analyst Rating and Forecast

4.0

Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Open	$18.77
Close	$17.96
Volume / Avg.	176.74K / 50.05K
Day Range	$17.51 - $18.77
52 Wk Range	14.22 - 21.46
Market Cap	$368.40M
P/E Ratio	14.37
Dividend Yield	9.13%
Exchange	OTC
RSI	0
Short Interest	-
Days to Cover	1

Compare

EPS worse than industry

Earnings Per Share

EPS is the portion of a company's profit allocated to each outstanding share of common stock. It is a key metric for investors to assess a company's profitability.

Earnings Per Share

EPS is the portion of a company's profit allocated to each outstanding share of common stock. It is a key metric for investors to assess a company's profitability.

EPS worse than industry

FAQ

How do I buy NewLake Capital Partners (NLCP) stock?

You can purchase shares of NewLake Capital Partners (OTCQX:NLCP) through any online brokerage.

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Who are NewLake Capital Partners (NLCP) competitors?

There are no as such competitors for NewLake Capital Partners.

What is the forecast, or price target, for NewLake Capital Partners (NLCP) stock?

NewLake Capital Partners has a consensus price target of $18.25.

What is the current price for NewLake Capital Partners (NLCP)?

The stock price for NewLake Capital Partners (OTCQX: NLCP) is $18.74 last updated December 20, 2024 at 9:28 AM EST.

Does NewLake Capital Partners (NLCP) pay a dividend?

There are no upcoming dividends for NewLake Capital Partners.

When is NewLake Capital Partners (OTCQX:NLCP) reporting earnings?

NewLake Capital Partners does not have any upcoming earnings scheduled.

Is NewLake Capital Partners (NLCP) going to split?

There is no upcoming split for NewLake Capital Partners.

What sector and industry does NewLake Capital Partners (NLCP) operate in?

NewLake Capital Partners is in the Real Estate sector and Industrial REITs industry. They are listed on the OTCQX.

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NewLake Capital Partners (NLCP) Forecast