NewLake Capital Partners Inc Ordinary Shares NLCP
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News
-
NewLake Capital Partners Reports First Quarter 2024 Financial Results
-
NewLake Capital Invests $16 Million in Connecticut Cannabis Cultivation Facility Operated by Existing Tenant, C3 Industries
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NewLake Capital Partners to Present at the Aegis Capital Virtual Conference on May 9th
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NewLake Capital Partners Issues Statement on Cannabis Being Rescheduled to Schedule III
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NewLake Capital Partners to Host First Quarter 2024 Earnings Call on May 9th at 11:00 a.m. ET
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NewLake Capital Partners Issues Statement on the Florida Supreme Court’s Decision on Amendment 3, the Cannabis Adult-Use Ballot Measure
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NewLake Capital Partners to Participate in Upcoming April 2024 Investor Conferences
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NewLake Capital Partners Reports Fourth Quarter and Full-Year 2023 Financial Results; Raises First Quarter 2024 Common Stock Dividend to $0.41 per Share
Trading Information
- Previous Close Price
- $20.09
- Day Range
- $19.53–20.49
- 52-Week Range
- $11.80–20.87
- Bid/Ask
- $20.10 / $20.26
- Market Cap
- $412.25 Mil
- Volume/Avg
- 57,061 / 48,842
Key Statistics
- Price/Earnings (Normalized)
- 16.87
- Price/Sales
- 9.06
- Dividend Yield (Trailing)
- 7.91%
- Dividend Yield (Forward)
- 8.16%
- Total Yield
- 10.62%
Company Profile
NewLake Capital Partners Inc is an internally-managed real estate investment trust that provides real estate capital to state-licensed cannabis operators through sale-leaseback transactions, third-party purchases, and funding for build-to-suit projects. They own a geographically diversified portfolio consisting of thirty one properties across twelve states with thirteen tenants, comprised of seventeen dispensaries and fourteen cultivation facilities.
- Sector
- Real Estate
- Industry
- REIT - Specialty
- Stock Style Box
- —
- Total Number of Employees
- 8
- Website
- https://www.newlake.com
Comparables
Valuation
Metric
|
NLCP
|
LXP
|
EPRT
|
---|---|---|---|
Price/Earnings (Normalized) | 16.87 | 105.58 | 23.48 |
Price/Book Value | 1.05 | 1.25 | 1.49 |
Price/Sales | 9.06 | 7.56 | 11.56 |
Price/Cash Flow | 10.95 | 12.25 | 16.13 |
Price/Earnings
NLCP
LXP
EPRT
Financial Strength
Metric
|
NLCP
|
LXP
|
EPRT
|
---|---|---|---|
Quick Ratio | 1.18 | 2.60 | 5.28 |
Current Ratio | 1.18 | 2.78 | 5.30 |
Interest Coverage | 69.70 | 1.54 | 4.47 |
Quick Ratio
NLCP
LXP
EPRT
Profitability
Metric
|
NLCP
|
LXP
|
EPRT
|
---|---|---|---|
Return on Assets (Normalized) | 6.20% | 1.70% | 4.65% |
Return on Equity (Normalized) | 6.62% | 3.12% | 7.31% |
Return on Invested Capital (Normalized) | 6.42% | 3.03% | 5.94% |
Return on Assets
NLCP
LXP
EPRT
REIT - Specialty Industry Comparables
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