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.
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News
-
NewLake Capital Partners to Host First Quarter 2024 Earnings Call on May 9th at 11:00 a.m. ET
-
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
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NewLake Capital Partners to Present at the Sidoti Small-Cap Virtual Conference on March 13th
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NewLake Capital Partners to Host Fourth Quarter and Full Year 2023 Earnings Call on March 11th at 11:00 a.m. ET
Trading Information
- Previous Close Price
- $18.62
- Day Range
- $18.57–19.12
- 52-Week Range
- $11.80–19.50
- Bid/Ask
- $18.50 / $18.87
- Market Cap
- $380.75 Mil
- Volume/Avg
- 75,710 / 34,413
Key Statistics
- Price/Earnings (Normalized)
- 16.01
- Price/Sales
- 8.46
- Dividend Yield (Trailing)
- 8.56%
- Dividend Yield (Forward)
- 8.83%
- Total Yield
- 11.66%
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) | 16.01 | 982.28 | 22.45 |
Price/Book Value | 0.94 | 1.16 | 1.43 |
Price/Sales | 8.46 | 7.25 | 11.05 |
Price/Cash Flow | 10.17 | 12.14 | 15.42 |
Price/Earnings
NLCP
LXP
EPRT
Financial Strength
|
Metric
|
NLCP
|
LXP
|
EPRT
|
|---|---|---|---|
Quick Ratio | 1.53 | 3.05 | 5.28 |
Current Ratio | 1.53 | 3.12 | 5.30 |
Interest Coverage | 65.05 | 1.76 | 4.47 |
Quick Ratio
NLCP
LXP
EPRT
Profitability
|
Metric
|
NLCP
|
LXP
|
EPRT
|
|---|---|---|---|
Return on Assets (Normalized) | 6.44% | 1.70% | 4.65% |
Return on Equity (Normalized) | 6.88% | 3.12% | 7.31% |
Return on Invested Capital (Normalized) | 6.66% | 3.03% | 5.94% |
Return on Assets
NLCP
LXP
EPRT
REIT - Specialty Industry Comparables
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