NASDAQ:AFCG AFC Gamma (AFCG) Stock Price, News & Analysis → Pentagon contract could send this $2 AI stock soaring (From Behind the Markets) (Ad) Free AFCG Stock Alerts $11.78 -0.01 (-0.08%) (As of 04/24/2024 ET) Add Compare Share Share Today's Range$11.63▼$11.8350-Day Range$11.20▼$13.1152-Week Range$9.91▼$14.60Volume48,568 shsAverage Volume123,606 shsMarket Capitalization$243.49 millionP/E Ratio11.55Dividend Yield16.30%Price Target$17.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get AFC Gamma alerts: Email Address AFC Gamma MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside48.6% Upside$17.50 Price TargetShort InterestBearish3.98% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-0.21Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth3.63%From $1.93 to $2.00 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.01 out of 5 starsFinance Sector464th out of 855 stocksReal Estate Industry7th out of 23 stocks 3.0 Analyst's Opinion Consensus RatingAFC Gamma has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageAFC Gamma has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.98% of the float of AFC Gamma has been sold short.Short Interest Ratio / Days to CoverAFC Gamma has a short interest ratio ("days to cover") of 5.Change versus previous monthShort interest in AFC Gamma has recently increased by 5.56%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipAFC Gamma is a leading dividend payer. It pays a dividend yield of 16.22%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAFC Gamma does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of AFC Gamma is 188.24%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, AFC Gamma will have a dividend payout ratio of 96.00% in the coming year. This indicates that AFC Gamma may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for AFCG. Previous Next 1.6 News and Social Media Coverage News SentimentAFC Gamma has a news sentiment score of -0.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.51 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for AFC Gamma this week, compared to 1 article on an average week.Search InterestOnly 6 people have searched for AFCG on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows12 people have added AFC Gamma to their MarketBeat watchlist in the last 30 days. This is an increase of 71% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, AFC Gamma insiders have not sold or bought any company stock.Percentage Held by Insiders28.50% of the stock of AFC Gamma is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 26.53% of the stock of AFC Gamma is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for AFC Gamma are expected to grow by 3.63% in the coming year, from $1.93 to $2.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of AFC Gamma is 11.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.13.Price to Earnings Ratio vs. SectorThe P/E ratio of AFC Gamma is 11.55, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 60.87.Price to Book Value per Share RatioAFC Gamma has a P/B Ratio of 0.75. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsPentagon contract could send this $2 AI stock soaringWhenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...Get all the info here >>> About AFC Gamma Stock (NASDAQ:AFCG)AFC Gamma, Inc. originates, structures, underwrites, and invests in senior secured loans, and other various commercial real estate loans and debt securities for established companies operating in the cannabis industry. It primarily originates loans structured as senior loans secured by real estate, equipment, and licenses and/or other assets of the loan parties to the extent permitted by applicable laws and the regulations governing such loan parties. The company has elected and qualified to be taxed as a real estate investment trust for the United States federal income tax purposes under the Internal Revenue Code of 1986. AFC Gamma, Inc. was incorporated in 2020 and is based in West Palm Beach, Florida.Read More AFCG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AFCG Stock News HeadlinesApril 24, 2024 | 247wallst.comWant $3,000 In Passive Income? Invest $1,000 Into These 15 Dividend StocksApril 18, 2024 | finance.yahoo.comInsider Stock Buying Reaches US$2.26m On AFC GammaApril 24, 2024 | Behind the Markets (Ad)Pentagon contract could send this $2 AI stock soaringWhenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...April 17, 2024 | americanbankingnews.comAFC Gamma, Inc. (NASDAQ:AFCG) Short Interest Up 5.6% in MarchApril 15, 2024 | investorplace.comDank Dividends: 3 Cannabis REITs Offering High YieldsApril 10, 2024 | globenewswire.comAFC Gamma, Inc. Schedules First Quarter 2024 Earnings Conference Call for May 9, 2024April 2, 2024 | investorplace.comThe 3 Best Cannabis Stocks to Buy in April 2024March 26, 2024 | globenewswire.comAFC Gamma Provides Sunburn Cannabis with a Total of $34.0 Million Across Senior Secured Credit FacilitiesApril 24, 2024 | Behind the Markets (Ad)Pentagon contract could send this $2 AI stock soaringWhenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...March 16, 2024 | finance.yahoo.comAFCG Oct 2024 20.000 putMarch 9, 2024 | seekingalpha.comAFC Gamma, Inc. (AFCG) Q4 2023 Earnings Call TranscriptMarch 8, 2024 | finance.yahoo.comQ4 2023 AFC Gamma Inc Earnings CallMarch 8, 2024 | finance.yahoo.comRetail investors account for 46% of AFC Gamma, Inc.'s (NASDAQ:AFCG) ownership, while institutions account for 32%March 8, 2024 | finance.yahoo.comAFC Gamma, Inc. (NASDAQ:AFCG) Q4 2023 Earnings Call TranscriptMarch 7, 2024 | finance.yahoo.comAFC Gamma Inc Reports Mixed Results Amid Cannabis Industry ChallengesMarch 7, 2024 | investorplace.comAFCG Stock Earnings: AFC Gamma Misses EPS, Beats Revenue for Q4 2023March 7, 2024 | msn.comNasdaq-Traded AFC Gamma Reports 41% YoY Drop In Net Income, Plans To Be Pure-Play Cannabis Lender In 2024March 7, 2024 | msn.comAFC Gamma declares $0.48 dividendMarch 7, 2024 | globenewswire.comAFC Gamma, Inc. Announces Financial Results for Fourth Quarter and Full Year 2023March 7, 2024 | globenewswire.comAFC Gamma, Inc. Announces Financial Results for Fourth Quarter and Full Year 2023March 7, 2024 | finance.yahoo.com12 Most Undervalued REIT Stocks To Buy According To AnalystsMarch 6, 2024 | msn.comAFC Gamma Q4 2023 Earnings PreviewMarch 6, 2024 | benzinga.comAFC Gamma's Earnings OutlookMarch 1, 2024 | 247wallst.comWant $10,000 in Passive Income? Invest $2,000 in Each of These Dividend StocksFebruary 23, 2024 | msn.comWant $3000 in Passive Income? Invest $2000 into These 9 Dividend StocksFebruary 23, 2024 | finanznachrichten.deAFC Gamma, Inc.: AFC Gamma to Separate Commercial Real Estate Lending Business into Independent Public CompanyFebruary 22, 2024 | globenewswire.comAFC Gamma to Separate Commercial Real Estate Lending Business into Independent Public CompanySee More Headlines Receive AFCG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for AFC Gamma and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/07/2024Ex-Dividend for 4/15 Dividend3/27/2024Dividend Payable4/15/2024Today4/24/2024Next Earnings (Confirmed)5/09/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Real estate Sub-IndustryN/A Current SymbolNASDAQ:AFCG CUSIPN/A CIK1822523 Webwww.afcgamma.com Phone561-510-2390FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Target$17.50 High Stock Price Target$25.00 Low Stock Price Target$10.00 Potential Upside/Downside+48.6%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.02 Trailing P/E Ratio11.55 Forward P/E Ratio6.10 P/E GrowthN/ANet Income$20.95 million Net Margins30.38% Pretax Margin35.23% Return on Equity12.10% Return on Assets8.92% Debt Debt-to-Equity Ratio0.13 Current Ratio4.87 Quick Ratio4.87 Sales & Book Value Annual Sales$64.18 million Price / Sales3.79 Cash Flow$2.01 per share Price / Cash Flow5.85 Book Value$15.65 per share Price / Book0.75Miscellaneous Outstanding Shares20,670,000Free Float14,777,000Market Cap$243.49 million OptionableOptionable Beta1.05 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Leonard Mark Tannenbaum C.F.A. (Age 53)Co-Founder & Executive Chairman Ms. Robyn Tannenbaum (Age 38)Co-Founder, Partner & President Comp: $123.13kMr. Daniel Neville (Age 37)CEO & Partner Mr. Brandon Hetzel (Age 36)CFO & Treasurer Mr. Cody ShueAccounting ManagerMs. Lana PingDirector of Investor RelationsMr. Gabriel A. Katz (Age 36)Chief Legal Officer Mr. James F. Velgot (Age 62)Chief Marketing Officer Mr. Ian KirbyChief of StaffMore ExecutivesKey CompetitorsAngel Oak Mortgage REITNYSE:AOMRSWKNASDAQ:SWKHMarlin Business ServicesNASDAQ:MRLNCangoNYSE:CANGConsumer Portfolio ServicesNASDAQ:CPSSView All CompetitorsInsiders & InstitutionsSpire Wealth ManagementBought 6,800 shares on 4/24/2024Ownership: 0.060%Wasatch Advisors LPBought 66,702 shares on 4/18/2024Ownership: 3.099%Allspring Global Investments Holdings LLCSold 2,033 shares on 4/18/2024Ownership: 0.077%Newbridge Financial Services Group Inc.Bought 5,300 shares on 3/28/2024Ownership: 0.089%AdvisorShares Investments LLCBought 19,116 shares on 2/14/2024Ownership: 0.311%View All Insider TransactionsView All Institutional Transactions AFCG Stock Analysis - Frequently Asked Questions Should I buy or sell AFC Gamma stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AFC Gamma in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AFCG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AFCG, but not buy additional shares or sell existing shares. View AFCG analyst ratings or view top-rated stocks. What is AFC Gamma's stock price target for 2024? 1 brokers have issued 12-month price objectives for AFC Gamma's stock. Their AFCG share price targets range from $10.00 to $25.00. On average, they anticipate the company's stock price to reach $17.50 in the next twelve months. This suggests a possible upside of 48.6% from the stock's current price. View analysts price targets for AFCG or view top-rated stocks among Wall Street analysts. How have AFCG shares performed in 2024? AFC Gamma's stock was trading at $12.03 on January 1st, 2024. Since then, AFCG stock has decreased by 2.1% and is now trading at $11.78. View the best growth stocks for 2024 here. Are investors shorting AFC Gamma? AFC Gamma saw a increase in short interest in March. As of March 31st, there was short interest totaling 626,500 shares, an increase of 5.6% from the March 15th total of 593,500 shares. Based on an average trading volume of 125,100 shares, the short-interest ratio is currently 5.0 days. Approximately 4.0% of the company's stock are sold short. View AFC Gamma's Short Interest. When is AFC Gamma's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our AFCG earnings forecast. How can I listen to AFC Gamma's earnings call? AFC Gamma will be holding an earnings conference call on Thursday, May 9th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were AFC Gamma's earnings last quarter? AFC Gamma, Inc. (NASDAQ:AFCG) posted its earnings results on Thursday, March, 7th. The company reported $0.50 EPS for the quarter, beating the consensus estimate of $0.49 by $0.01. The business had revenue of $15.97 million for the quarter, compared to analyst estimates of $18.06 million. AFC Gamma had a net margin of 30.38% and a trailing twelve-month return on equity of 12.10%. During the same period last year, the business earned $0.61 EPS. How often does AFC Gamma pay dividends? What is the dividend yield for AFC Gamma? AFC Gamma declared a quarterly dividend on Monday, March 4th. Shareholders of record on Sunday, March 31st will be paid a dividend of $0.48 per share on Monday, April 15th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 16.30%. The ex-dividend date of this dividend is Wednesday, March 27th. Read our dividend analysis for AFCG. Is AFC Gamma a good dividend stock? AFC Gamma (NASDAQ:AFCG) pays an annual dividend of $1.92 per share and currently has a dividend yield of 16.22%. AFCG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 188.24%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, AFCG will have a dividend payout ratio of 96.00% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for AFCG. What ETFs hold AFC Gamma's stock? ETFs with the largest weight of AFC Gamma (NASDAQ:AFCG) stock in their portfolio include AXS Cannabis ETF (THCX), Global X Cannabis ETF (POTX), AdvisorShares Pure Cannabis ETF (YOLO), Cambria Cannabis ETF (TOKE), Amplify Alternative Harvest ETF (MJ), Hoya Capital High Dividend Yield ETF (RIET) and iShares Mortgage Real Estate ETF (REM).Amplify U.S. Alternative Harvest ETF (MJUS). When did AFC Gamma IPO? AFC Gamma (AFCG) raised $120 million in an initial public offering (IPO) on Friday, March 19th 2021. The company issued 6,300,000 shares at a price of $19.00 per share. JMP Securities, Ladenburg Thalmann and Seaport Global Securities acted as the underwriters for the IPO and Lake Street was co-manager. Who are AFC Gamma's major shareholders? AFC Gamma's stock is owned by many different retail and institutional investors. Top institutional shareholders include Wasatch Advisors LP (3.10%), Allspring Global Investments Holdings LLC (0.08%) and Spire Wealth Management (0.06%). Insiders that own company stock include Brett Kaufman, Jonathan Gilbert Kalikow, Leonard M Tannenbaum and Robyn Tannenbaum. View institutional ownership trends. How do I buy shares of AFC Gamma? Shares of AFCG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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