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 34 properties, including 15 cultivation facilities and 19 dispensaries, primarily leased to single tenants under triple-net lease agreements. NewLake Capital Partners, Inc. was formed and incorporated on April 9, 2019 in Maryland, USA.
Frequently asked questions
What sector does NewLake Capital Partners Inc (NLCP) operate in?
NewLake Capital Partners Inc belongs to the Real Estate sector and operates in the REIT - Specialty industry.
What is NewLake Capital Partners Inc (NLCP) current stock price?
As of the latest data, NewLake Capital Partners Inc stock price is $15.80, with a previous close of $15.73. NewLake Capital Partners Inc gained $0.07 in the last trading session, representing a 0.45% increase.
What is NewLake Capital Partners Inc (NLCP) current market capitalization?
NewLake Capital Partners Inc market cap is approximately 325.18 million.
What is NewLake Capital Partners Inc (NLCP) Earnings Per Share (EPS)?
The trailing EPS is $1.24, and the forward EPS is $1.29.
What is NewLake Capital Partners Inc (NLCP) Price-to-Earnings (P/E) ratio?
NewLake Capital Partners Inc current P/E ratio is 12.74, with a forward P/E of 12.3.
Does NewLake Capital Partners Inc (NLCP) pay dividends?
Yes. NewLake Capital Partners Inc pays quarterly dividends with an annualized yield of 10.89% and an estimated annual payout of $1.72 per share.
When is the next ex-dividend date for NewLake Capital Partners Inc (NLCP)?
The next ex-dividend date is scheduled for September 30, 2026.
How did NewLake Capital Partners Inc (NLCP) perform in its most recent earnings report?
In the last report (June 30, 2026), NewLake Capital Partners Inc posted an EPS surprise of 0% and a revenue surprise of 3.85%.
What is NewLake Capital Partners Inc (NLCP) beta (volatility) score?
NewLake Capital Partners Inc has a beta of 0.829, meaning its volatility is roughly in line with the market.
