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.
News
-
NewLake Capital Partners to Participate in Upcoming October Conferences
-
C3 Industries Expands Missouri Cannabis Cultivation Facility with 50,000 Square Foot Addition
-
Sidoti Events, LLC's Virtual September Small-Cap Conference
-
NewLake Capital Partners Issues Third Quarter 2024 Common Stock Dividend of $0.43 per Share
-
NewLake Capital Partners to Present at the Sidoti Fall Virtual Small Cap Conference on September 18-19th
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Cannabis stocks rally after Trump supports moving drug to less restrictive category
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NewLake Capital Partners Reports Second Quarter 2024 Financial Results
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NewLake Capital Partners to Host Second Quarter 2024 Earnings Call on August 8th at 11:00 a.m. ET
Trading Information
- Previous Close Price
- $19.97
- Day Range
- $19.77–19.94
- 52-Week Range
- $12.43–21.46
- Bid/Ask
- $19.77 / $19.79
- Market Cap
- $405.70 Mil
- Volume/Avg
- 32,829 / 50,540
Key Statistics
- Price/Earnings (Normalized)
- 15.45
- Price/Sales
- 8.43
- Dividend Yield (Trailing)
- 8.44%
- Dividend Yield (Forward)
- 8.70%
- Total Yield
- 11.02%
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
|
IIPR
|
|---|---|---|---|
Price/Earnings (Normalized) | 15.45 | 106.63 | 22.52 |
Price/Book Value | 1.01 | 1.41 | 1.93 |
Price/Sales | 8.43 | 8.35 | 11.96 |
Price/Cash Flow | 9.99 | 14.63 | 14.59 |
Price/Earnings
NLCP
LXP
IIPR
Financial Strength
|
Metric
|
NLCP
|
LXP
|
IIPR
|
|---|---|---|---|
Quick Ratio | 0.94 | 1.00 | 1.10 |
Current Ratio | 0.94 | 1.12 | 1.10 |
Interest Coverage | 67.70 | 1.68 | 10.80 |
Quick Ratio
NLCP
LXP
IIPR
Profitability
|
Metric
|
NLCP
|
LXP
|
IIPR
|
|---|---|---|---|
Return on Assets (Normalized) | 6.48% | 0.92% | 7.50% |
Return on Equity (Normalized) | 6.95% | 1.74% | 9.25% |
Return on Invested Capital (Normalized) | 6.78% | 2.55% | 8.18% |
Return on Assets
NLCP
LXP
IIPR
REIT - Specialty Industry Comparables
|
1-Day Chart
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United States