NewLake Capital Partners Inc Ordinary Shares NLCP
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Trading Information
- Previous Close Price
- $15.80
- Day Range
- $15.75–15.94
- 52-Week Range
- $12.09–16.75
- Bid/Ask
- $15.78 / $15.97
- Shares Outstanding
- 20.58M
- Market Cap
- $326.77M
- Volume/Avg
- 68,032 / 75,162
Key Statistics
- Price/Earnings (Normalized)
- 13.46
- Price/Sales
- 6.76
- Dividend Yield (Trailing)
- 10.83%
- Dividend Yield (Forward)
- 10.83%
- Total Yield
- 10.83%
Company Profile
NewLake Capital Partners Inc is an internally managed real estate investment trust (REIT) focused on providing real estate capital to state-licensed cannabis operators through sale-leaseback transactions, third-party purchases and funding for build-to-suit projects. properties are leased to single tenants on a long-term, triple-net basis, which obligates the tenant to be responsible for the ongoing expenses of a property, in addition to its rent obligations. Its tenants operate in the fast-growing cannabis industry.
- Sector
- Real Estate
- Industry
- REIT - Specialty
- Stock Style Box
- —
- Total Number of Employees
- 7
- Website
- https://www.newlake.com
Valuation
|
Metric
|
NLCP
|
|---|---|
Price/Earnings (Normalized) | 13.46 |
Price/Book Value | 0.85 |
Price/Sales | 6.76 |
Price/Cash Flow | 8.12 |
Price/Earnings
NLCP
Financial Strength
|
Metric
|
NLCP
|
|---|---|
Quick Ratio | 1.19 |
Current Ratio | 1.37 |
Interest Coverage | 28.98 |
Quick Ratio
NLCP
Profitability
|
Metric
|
NLCP
|
|---|---|
Return on Assets (Normalized) | 6.62% |
Return on Equity (Normalized) | 7.18% |
Return on Invested Capital (Normalized) | 7.10% |
Return on Assets
NLCP
REIT - Specialty Industry Comparables
|
1-Day Chart
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United States