OTCMKTS:NLCP

NewLake Capital Partners (NLCP) Stock Price, News & Analysis

$18.45
+0.15 (+0.82%)
(As of 04/23/2024 ET)
Today's Range
$18.01
$18.51
50-Day Range
$16.00
$19.18
52-Week Range
$11.80
$19.50
Volume
52,435 shs
Average Volume
32,473 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$18.25
NLCP stock logo

About NewLake Capital Partners Stock (OTCMKTS:NLCP)

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 and third-party purchases and funding for build-to-suit projects. NewLake owns a portfolio of 31 properties comprised of 14 cultivation facilities and 17 dispensaries that are leased to single tenants on a triple-net basis.

NLCP Stock Price History

NLCP Stock News Headlines

SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Dank Dividends: 3 Cannabis REITs Offering High Yields
The 3 Best Cannabis Stocks to Buy in April 2024
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
NewLake Has Stabilized And Remains Attractive
NewLake Capital: Separating The 'Weed' From The Chaff
NewLake Capital Partners Inc Ordinary Shares NLCP
See More Headlines
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Company Calendar

Last Earnings
5/12/2022
Ex-Dividend for 4/15 Dividend
3/27/2024
Dividend Payable
4/15/2024
Today
4/23/2024

Industry, Sector and Symbol

Industry
REIT - Specialty
Sub-Industry
N/A
Current Symbol
OTCMKTS:NLCP
Fax
N/A
Employees
8
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$18.25
High Stock Price Target
$18.25
Low Stock Price Target
$18.25
Potential Upside/Downside
-1.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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Key Executives

  • Mr. Anthony Coniglio (Age 55)
    President, CEO & Director
    Comp: $624.55k
  • Ms. Lisa Meyer (Age 60)
    CFO, Treasurer & Secretary
    Comp: $331.98k
  • Mr. Jarrett Annenberg
    Senior VP & Head of Investments

NLCP Stock Analysis - Frequently Asked Questions

Should I buy or sell NewLake Capital Partners stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NewLake Capital Partners in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" NLCP shares.
View NLCP analyst ratings
or view top-rated stocks.

What is NewLake Capital Partners' stock price target for 2024?

1 brokerages have issued 12-month price targets for NewLake Capital Partners' stock. Their NLCP share price targets range from $18.25 to $18.25. On average, they anticipate the company's stock price to reach $18.25 in the next year. This suggests that the stock has a possible downside of 1.1%.
View analysts price targets for NLCP
or view top-rated stocks among Wall Street analysts.

How have NLCP shares performed in 2024?

NewLake Capital Partners' stock was trading at $16.01 at the start of the year. Since then, NLCP stock has increased by 15.2% and is now trading at $18.45.
View the best growth stocks for 2024 here
.

Are investors shorting NewLake Capital Partners?

NewLake Capital Partners saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 42,600 shares, an increase of 34.0% from the March 15th total of 31,800 shares. Based on an average daily volume of 117,700 shares, the days-to-cover ratio is currently 0.4 days.
View NewLake Capital Partners' Short Interest
.

How were NewLake Capital Partners' earnings last quarter?

NewLake Capital Partners, Inc. (OTCMKTS:NLCP) released its quarterly earnings data on Thursday, May, 12th. The company reported $0.23 EPS for the quarter, missing analysts' consensus estimates of $0.24 by $0.01.

How often does NewLake Capital Partners pay dividends? What is the dividend yield for NewLake Capital Partners?

NewLake Capital Partners announced a quarterly dividend on Friday, March 8th. Stockholders of record on Friday, March 29th will be paid a dividend of $0.41 per share on Monday, April 15th. This represents a $1.64 dividend on an annualized basis and a yield of 8.89%. The ex-dividend date of this dividend is Wednesday, March 27th. This is an increase from the stock's previous quarterly dividend of $0.40.
Read our dividend analysis for NLCP
.

How do I buy shares of NewLake Capital Partners?

Shares of NLCP 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 (OTCMKTS:NLCP) was last updated on 4/24/2024 by MarketBeat.com Staff

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