Q1 Earnings Estimate for AFC Gamma Issued By Seaport Res Ptn

AFC Gamma, Inc. (NASDAQ:AFCG - Free Report) - Equities researchers at Seaport Res Ptn issued their Q1 2025 earnings estimates for shares of AFC Gamma in a report issued on Tuesday, May 13th. Seaport Res Ptn analyst S. Randhawa anticipates that the company will post earnings per share of $0.22 for the quarter. The consensus estimate for AFC Gamma's current full-year earnings is $1.64 per share. Seaport Res Ptn also issued estimates for AFC Gamma's Q2 2025 earnings at $0.23 EPS, Q3 2025 earnings at $0.24 EPS, Q4 2025 earnings at $0.25 EPS, FY2025 earnings at $0.92 EPS, Q1 2026 earnings at $0.26 EPS, Q2 2026 earnings at $0.26 EPS, Q3 2026 earnings at $0.26 EPS, Q4 2026 earnings at $0.29 EPS and FY2026 earnings at $1.10 EPS.

AFCG has been the topic of several other research reports. Jefferies Financial Group cut shares of AFC Gamma from a "buy" rating to a "hold" rating and dropped their price target for the company from $10.00 to $7.00 in a research report on Friday, March 14th. JMP Securities restated a "market perform" rating on shares of AFC Gamma in a report on Thursday, January 23rd. Three analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $9.67.

AFC Gamma Stock Up 1.3%

Shares of AFC Gamma stock traded up $0.07 during trading hours on Thursday, reaching $5.22. The company's stock had a trading volume of 79,205 shares, compared to its average volume of 186,080. The company has a market capitalization of $117.84 million, a P/E ratio of 13.07 and a beta of 1.19. The stock's fifty day simple moving average is $5.53 and its two-hundred day simple moving average is $7.69. AFC Gamma has a one year low of $4.34 and a one year high of $12.74. The company has a debt-to-equity ratio of 0.29, a quick ratio of 3.92 and a current ratio of 3.92.

AFC Gamma Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were paid a $0.23 dividend. The ex-dividend date was Monday, March 31st. AFC Gamma's payout ratio is presently 92.93%.

Insider Activity

In related news, CEO Daniel Neville purchased 30,349 shares of AFC Gamma stock in a transaction that occurred on Friday, March 14th. The stock was bought at an average price of $6.52 per share, for a total transaction of $197,875.48. Following the completion of the transaction, the chief executive officer now owns 161,011 shares in the company, valued at $1,049,791.72. This represents a 23.23% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Leonard M. Tannenbaum acquired 50,000 shares of the firm's stock in a transaction that occurred on Monday, March 17th. The shares were bought at an average price of $6.20 per share, with a total value of $310,000.00. Following the acquisition, the director now directly owns 3,959,876 shares of the company's stock, valued at $24,551,231.20. The trade was a 1.28% increase in their position. The disclosure for this purchase can be found here. Insiders acquired a total of 146,606 shares of company stock valued at $930,691 over the last three months. Corporate insiders own 26.80% of the company's stock.

Institutional Trading of AFC Gamma

A hedge fund recently raised its stake in AFC Gamma stock. Martingale Asset Management L P lifted its position in shares of AFC Gamma, Inc. (NASDAQ:AFCG - Free Report) by 24.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 20,623 shares of the company's stock after acquiring an additional 4,005 shares during the quarter. Martingale Asset Management L P owned approximately 0.09% of AFC Gamma worth $172,000 at the end of the most recent quarter. 26.53% of the stock is owned by hedge funds and other institutional investors.

AFC Gamma Company Profile

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.