NewLake Capital Partners, Inc. (NLCP)
| Market Cap | 304.80M |
| Revenue (ttm) | 51.21M |
| Net Income (ttm) | 26.07M |
| Shares Out | 20.55M |
| EPS (ttm) | 1.26 |
| PE Ratio | 11.73 |
| Forward PE | 13.48 |
| Dividend | 1.72 (11.60%) |
| Ex-Dividend Date | Jun 30, 2025 |
| Volume | 22,124 |
| Average Volume | 37,689 |
| Open | 14.70 |
| Previous Close | 14.83 |
| Day's Range | 14.59 - 14.89 |
| 52-Week Range | 12.08 - 21.46 |
| Beta | 0.92 |
| RSI | 62.59 |
| Earnings Date | Aug 7, 2025 |
About NewLake Capital Partners
NewLake Capital Partners, Inc. is an internally-managed real estate investment trust (“REIT”) 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 33 properties comprised of 15 cultivation facilities and 18 dispensaries that are leased to single tenants on a triple-net basis. [Read more]
Financial Performance
In 2024, NewLake Capital Partners's revenue was $50.13 million, an increase of 5.98% compared to the previous year's $47.30 million. Earnings were $26.12 million, an increase of 6.22%.
Financial StatementsNews
NewLake Capital Partners: Tenant Default Risks Trigger Richer Yields For The Brave
NLCP's tenant troubles have occurred as priced in by the market, thanks to the mounting headwinds observed in the wider REIT and cannabis-focused REIT peers. Given the slower than expected federal leg...
NewLake Capital Partners: The Concerning Mystery Of Cannabis Real Estate
I maintain my hold rating on NewLake Capital Partners, as industry headwinds and tenant struggles persist, despite solid Q2 results and a healthy balance sheet. Real estate values may be too optimisti...
NewLake Capital Partners, Inc. (NLCP) Q2 2025 Earnings Call Transcript
NewLake Capital Partners, Inc. (OTCQX:NLCP) Q2 2025 Earnings Conference Call August 7, 2025 11:00 AM ET Company Participants Anthony Coniglio - President, CEO & Director Gordon F. DuGan - Independent ...
NewLake Capital Partners Reports Second Quarter 2025 Financial Results
Second Quarter 2025 Revenue Totaled $12.9 Million, an Increase of 3.8% Year-Over-Year
Sell Alert: 3 REITs That Will Likely Cut Their Dividend
Not all REIT dividends are sustainable. If a REIT yields over 10%, it is typically a big red flag. I highlight 3 popular 10%+ yielders that are likely to cut their dividend.
The Safest 10% Yields I've Found
Most 10% yields are risky. But these two high yielding stocks stand out. They are the safest ≈10% yielding companies that I know.
Top REIT and Lending Cannabis Stocks to Watch in July 2025
The U.S. cannabis industry continues its rapid expansion. In 2025, the legal market is projected to reach nearly $45 billion. Its total economic impact may exceed $120 billion by year-end. Recreationa...
Best Cannabis REITs for July 2025: High-Yield Picks for Income Investors
Cannabis REITs are gaining momentum this week as investors seek dividend-paying stocks with long-term growth potential. These companies lease properties to licensed cannabis operators, generating stea...
Why Marijuana Stocks Could Deliver Big Returns Despite the 2025 Market Pullback
Even with a current downturn in marijuana stock performance, the long-term outlook for cannabis investing remains promising. For financial investors with a patient, strategic mindset, the sector's cur...
NewLake Capital Partners: A Dirt-Cheap REIT With Real Potential
NewLake Capital Partners offers a compelling 11.6% yield and trades at a deep discount, supported by strong fundamentals and minimal debt. The business model is robust, with triple net leases, long-te...
Cannabis REITs Set to Benefit From Industry Growth in 2025
In the U.S., the cannabis industry's growth remains strong and promising. The legal market was worth about $38.5 billion in 2024. It is forecasted to reach nearly $76.4 billion by 2030. That equates t...
June's 5 Dividend Growth Stocks With Yields Up To 6.76%
Dividend growth stocks can provide stable, growing income, making them ideal for long-term investors despite lacking the excitement of headline-grabbing returns. My screening focuses on higher-yieldin...
NewLake Capital Partners Issues Second Quarter 2025 Common Stock Dividend of $0.43 per Share
NEW CANAAN, Conn., June 16, 2025 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis ope...
NewLake Capital Partners: 'High' 12% Yield Backed By Net Cash And Net Leases
NewLake Capital Partners, Inc. offers a compelling double-digit yield, reflecting market pessimism over tenant risk and regulatory delays, but I believe the balance sheet provides a strong margin of s...
NewLake Capital Partners to Participate in Upcoming June Conferences
NEW CANAAN, Conn., June 02, 2025 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis ope...
2025's Best Cannabis REITs for Building Wealth Over Time
The U.S. cannabis industry continues to expand rapidly, creating strong momentum for related investments. In 2025, the market is expected to surpass $44 billion in value. Over the next five years, pro...
May's 5 Dividend Growth Stocks With Yields Up To 7.04%
With recent volatility, we have a new name to make the discussion this month, as well as a few names we don't see as often. This monthly screening focuses on dividend safety, growth, and consistency, ...
3 Marijuana Stocks For Cannabis Real Estate Investors
Is it safe to invest in marijuana stocks with the entire sector trading at all-time lows? If the legal market is profitable and companies are performing well, why are the top marijuana stocks not trad...
NewLake Capital Partners: Cannabis Meltdown Continues - Rich Dividends For The Opportunistic
NLCP's correction has been unwarranted indeed, since it does not face massive tenant default issues as that of IIPR, as observed in the former's robust FQ1 '25 performance metrics. Much of NLCP's top ...
NewLake Capital Partners, Inc. (NLCP) Q1 2025 Earnings Call Transcript
NewLake Capital Partners, Inc. (OTCQX:NLCP) Q1 2025 Earnings Conference Call May 8, 2025 11:00 AM ET Company Participants Valter Pinto - Managing Director, KCSA Strategic Communications Gordon DuGan -...
NewLake Capital Partners Reports First Quarter 2025 Financial Results
First Quarter 2025 Revenue Totaled $13.2 Million, an Increase of 4.8% Year-Over-Year
8-12% Dividend Yields From Undervalued REITs
REITs offer the highest dividend yields in a decade. Some yields as much as 12% and those dividends are rising. I present three of my favorite high-yielding REITs.
Top Cannabis REITs to Watch for High Dividends and Long-Term Growth in 2025
The U.S. cannabis industry continues expanding rapidly, with projections suggesting it could reach $45 billion by 2025. More states are legalizing cannabis for medical and recreational use, boosting d...
NewLake Capital Partners: Ridiculously Cheap Given Its Potential
Despite recent stock price decline, I remain bullish on NLCP due to its high-quality contracts and potential growth catalysts, including cannabis rescheduling and market expansion. NLCP faced challeng...
If I Could Only Buy 3 REITs During This Crash
REITs are finally outperforming again. They are not impacted by the trade war or even recessions in many cases. I present my top 3 buys right now.