NASDAQ:AFCG AFC Gamma (AFCG) Stock Price, News & Analysis → Better than Bitcoin? The Biotech Stock with 46,751% Potential (From Behind the Markets) (Ad) Free AFCG Stock Alerts $11.70 -0.08 (-0.68%) (As of 04/25/2024 ET) Add Compare Share Share Today's Range$11.65▼$11.8050-Day Range$11.20▼$13.1152-Week Range$9.91▼$14.60Volume35,456 shsAverage Volume122,523 shsMarket Capitalization$241.84 millionP/E Ratio11.47Dividend Yield16.41%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/Downside49.6% Upside$17.50 Price TargetShort InterestHealthy3.95% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider 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.3.35 out of 5 starsFinance Sector509th out of 859 stocksReal Estate Industry9th 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 3.0 Short Interest Percentage of Shares Shorted3.95% 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 decreased by 0.43%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend LeadershipAFC Gamma is a leading dividend payer. It pays a dividend yield of 16.28%, 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 -0.20. 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 0.50 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article 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 Follows11 people have added AFC Gamma to their MarketBeat watchlist in the last 30 days. This is an increase of 38% 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 11.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.10.Price to Earnings Ratio vs. SectorThe P/E ratio of AFC Gamma is 11.47, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.87.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 MarketsBetter than Bitcoin? The Biotech Stock with 46,751% Potential4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.Get the name of the stock 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 25, 2024 | Stansberry Research (Ad)World’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.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 25, 2024 | Stansberry Research (Ad)World’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.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 Payable4/15/2024Today4/25/2024Next 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 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.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 brokerages have issued 12-month price targets for AFC Gamma's stock. Their AFCG share price targets range from $10.00 to $25.00. On average, they anticipate the company's share price to reach $17.50 in the next year. This suggests a possible upside of 49.6% 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 at the beginning of the year. Since then, AFCG shares have decreased by 2.7% and is now trading at $11.70. View the best growth stocks for 2024 here. Are investors shorting AFC Gamma? AFC Gamma saw a increase in short interest in the month of 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 presently 5.0 days. Approximately 4.0% of the company's shares are short sold. 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) issued its earnings results on Thursday, March, 7th. The company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.01. The company had revenue of $15.97 million for the quarter, compared to analyst estimates of $18.06 million. AFC Gamma had a trailing twelve-month return on equity of 12.10% and a net margin of 30.38%. During the same quarter in the prior year, the firm earned $0.61 earnings per share. 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. Stockholders 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 16.41%. The ex-dividend date 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 16.28%. 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 on Friday, March 19th 2021. The company issued 6,300,000 shares at $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 a number of retail and institutional investors. Top institutional investors 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. This page (NASDAQ:AFCG) was last updated on 4/25/2024 by MarketBeat.com Staff From Our PartnersThese AI trades triggered this morning (545% return)Prosper Trading AcademyConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThe A.I. story nobody is telling you (Read ASAP)TradeSmithHe Is Giving Away BitcoinCrypto Swap ProfitsJim Cramer’s “The Biggest Drug Ever”Behind the MarketsYour Money is Not SafeAmerican AlternativeThe AI stock to buy right nowStockEarningsThe only accurate crypto trading system I know …Weiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding AFC Gamma, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
