Positive News SentimentPositive NewsNASDAQ:AFCG AFC Gamma (AFCG) Stock Price, News & Analysis $9.20 -0.03 (-0.33%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$9.13▼$9.3650-Day Range$8.39▼$12.5452-Week Range$8.06▼$14.60Volume173,740 shsAverage Volume131,902 shsMarket Capitalization$190.14 millionP/E Ratio17.69Dividend Yield20.87%Price Target$10.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get AFC Gamma alerts: Email Address AFC Gamma MarketRank™ Stock AnalysisAnalyst RatingReduce1.50 Rating ScoreUpside/Downside8.7% Upside$10.00 Price TargetShort InterestBearish4.98% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$378,840 Bought Last QuarterProj. Earnings Growth3.65%From $1.92 to $1.99 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.98 out of 5 starsFinance Sector659th out of 898 stocksReal Estate Industry17th out of 26 stocks 0.8 Analyst's Opinion Consensus RatingAFC Gamma has received a consensus rating of Reduce. The company's average rating score is 1.50, and is based on no buy ratings, 1 hold rating, and 1 sell rating.Amount of Analyst CoverageAFC Gamma has only been the subject of 2 research reports in the past 90 days.Read more about AFC Gamma's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.98% of the float of AFC Gamma has been sold short.Short Interest Ratio / Days to CoverAFC Gamma has a short interest ratio ("days to cover") of 6.Change versus previous monthShort interest in AFC Gamma has recently increased by 1.39%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend LeadershipAFC Gamma is a leading dividend payer. It pays a dividend yield of 20.45%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAFC Gamma does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of AFC Gamma is 369.23%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, AFC Gamma will have a dividend payout ratio of 96.48% in the coming year. This indicates that AFC Gamma may not be able to sustain their current dividend.Read more about AFC Gamma's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for AFCG. Previous Next 3.3 News and Social Media Coverage News SentimentAFC Gamma has a news sentiment score of 1.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for AFC Gamma this week, compared to 1 article on an average week.Search InterestOnly 6 people have searched for AFCG on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows7 people have added AFC Gamma to their MarketBeat watchlist in the last 30 days. This is an increase of 40% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, AFC Gamma insiders have bought more of their company's stock than they have sold. Specifically, they have bought $378,840.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders26.20% of the stock of AFC Gamma is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 26.53% of the stock of AFC Gamma is held by institutions.Read more about AFC Gamma's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for AFC Gamma are expected to grow by 3.65% in the coming year, from $1.92 to $1.99 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of AFC Gamma is 17.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.35.Price to Earnings Ratio vs. SectorThe P/E ratio of AFC Gamma is 17.69, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.81.Price to Book Value per Share RatioAFC Gamma has a P/B Ratio of 0.59. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about AFC Gamma's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Colonial MetalsCollapse of the PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.In answer to this issue, we have released a Special Report to the public. About AFC Gamma Stock (NASDAQ:AFCG)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. The company has elected and qualified to be taxed as a real estate investment trust for the United States federal income tax purposes under the Internal Revenue Code of 1986. AFC Gamma, Inc. was incorporated in 2020 and is based in West Palm Beach, Florida.Read More AFCG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AFCG Stock News HeadlinesJuly 15, 2024 | globenewswire.comAFC Gamma, Inc. Schedules Second Quarter 2024 Earnings Conference Call for August 7, 2024June 28, 2024 | investorplace.comThe 3 Smartest Cannabis Stocks to Buy With Your Money Right NowJuly 26, 2024 | Colonial Metals (Ad)Collapse of the PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.June 27, 2024 | globenewswire.comAFC Gamma Announces Record Date and Special Dividend for Spin-Off of Commercial Real Estate PortfolioJune 21, 2024 | investorplace.com7 Cannabis Stocks to Buy Now: June 2024June 4, 2024 | globenewswire.comAFC Gamma Successfully Exits $84.0 Million Loan to Subsidiary of Public Company HMay 29, 2024 | msn.comCompass Point Downgrades AFC Gamma (AFCG)May 26, 2024 | investorplace.comThe 2024 Millionaire's Club: 7 Cannabis Stocks to Buy NowJuly 26, 2024 | Colonial Metals (Ad)Collapse of the PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.May 23, 2024 | finance.yahoo.comAFC Gamma Provides Senior Secured Credit Facility to Women-Owned Grön EdiblesMay 20, 2024 | globenewswire.comAFC Gamma Announces Changes to Composition of Board of Directors Following Planned Spin-Off of Commercial Real Estate PortfolioMay 16, 2024 | markets.businessinsider.comJMP Securities Sticks to Their Hold Rating for AFC Gamma (AFCG)May 10, 2024 | finance.yahoo.comAFC Gamma, Inc. (NASDAQ:AFCG) Q1 2024 Earnings Call TranscriptMay 9, 2024 | msn.comAFC Gamma Q1 2024 Reports Sharp YoY Net Income Drop Amid $90M Loan ExpansionMay 9, 2024 | globenewswire.comAFC Gamma, Inc. Announces Financial Results for First Quarter 2024May 8, 2024 | markets.businessinsider.comHere's what to expect from AFC Gamma's earningsApril 24, 2024 | 247wallst.comWant $3,000 In Passive Income? Invest $1,000 Into These 15 Dividend StocksApril 18, 2024 | finance.yahoo.comInsider Stock Buying Reaches US$2.26m On AFC GammaSee More Headlines Receive AFCG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for AFC Gamma and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/09/2024Ex-Dividend for 7/15 Dividend7/08/2024Dividend Payable7/15/2024Today7/26/2024Next Earnings (Confirmed)8/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Real estate Sub-IndustryReal Estate Current SymbolNASDAQ:AFCG CUSIPN/A CIK1822523 Webwww.afcgamma.com Phone561-510-2390FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Target$10.00 High Stock Price Target$10.00 Low Stock Price Target$10.00 Potential Upside/Downside+8.7%Consensus RatingReduce Rating Score (0-4)1.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.52 Trailing P/E Ratio17.69 Forward P/E Ratio4.79 P/E GrowthN/ANet Income$20.95 million Net Margins16.27% Pretax Margin18.73% Return on Equity11.77% Return on Assets8.37% Debt Debt-to-Equity Ratio0.19 Current Ratio4.86 Quick Ratio4.86 Sales & Book Value Annual Sales$50.05 million Price / Sales3.80 Cash Flow$2.06 per share Price / Cash Flow4.46 Book Value$15.65 per share Price / Book0.59Miscellaneous Outstanding Shares20,667,000Free Float15,252,000Market Cap$190.14 million OptionableOptionable Beta1.03 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Leonard Mark Tannenbaum C.F.A. (Age 53)Co-Founder & Executive Chairman Ms. Robyn Tannenbaum (Age 38)Co-Founder, Partner & President Comp: $123.13kMr. Daniel Neville (Age 37)CEO & Partner Mr. Brandon Hetzel (Age 36)CFO & Treasurer Mr. Cody ShueAccounting ManagerMs. Lana PingDirector of Investor RelationsMr. Gabriel A. Katz (Age 36)Chief Legal Officer Mr. James F. Velgot (Age 62)Chief Marketing Officer Mr. Ian KirbyChief of StaffMore ExecutivesKey CompetitorsCangoNYSE:CANGSWKNASDAQ:SWKHConsumer Portfolio ServicesNASDAQ:CPSSMarlin Business ServicesNASDAQ:MRLNRegional ManagementNYSE:RMView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 10,016 shares on 7/26/2024Ownership: 0.367%Worth Asset Management LLCSold 4,694 shares on 7/11/2024Ownership: 0.049%Leonard M TannenbaumBought 31,335 shares on 6/5/2024Total: $378,840.15 ($12.09/share)Tidal Investments LLCBought 565,529 shares on 5/17/2024Ownership: 2.736%Janus Henderson Group PLCSold 1,372 shares on 5/16/2024Ownership: 0.055%View All Insider TransactionsView All Institutional Transactions AFCG Stock Analysis - Frequently Asked Questions How have AFCG shares performed this year? AFC Gamma's stock was trading at $12.03 at the beginning of the year. Since then, AFCG stock has decreased by 23.5% and is now trading at $9.20. View the best growth stocks for 2024 here. How were AFC Gamma's earnings last quarter? AFC Gamma, Inc. (NASDAQ:AFCG) issued its earnings results on Thursday, May, 9th. The company reported $0.46 EPS for the quarter, missing analysts' consensus estimates of $0.48 by $0.02. The firm had revenue of $16.36 million for the quarter, compared to the consensus estimate of $18.50 million. AFC Gamma had a trailing twelve-month return on equity of 11.77% and a net margin of 16.27%. When did AFC Gamma IPO? AFC Gamma (AFCG) raised $120 million in an initial public offering (IPO) on Friday, March 19th 2021. The company issued 6,300,000 shares at a price of $19.00 per share. JMP Securities, Ladenburg Thalmann and Seaport Global Securities served as the underwriters for the IPO and Lake Street was co-manager. Who are AFC Gamma's major shareholders? Top institutional investors of AFC Gamma include Bank of New York Mellon Corp (0.37%), Worth Asset Management LLC (0.05%) and Concourse Financial Group Securities Inc.. Insiders that own company stock include Leonard M Tannenbaum, Jonathan Gilbert Kalikow, Robyn Tannenbaum and Brett Kaufman. View institutional ownership trends. How do I buy shares of AFC Gamma? Shares of AFCG 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 (NASDAQ:AFCG) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. (my new AI-powered scanner) it's now easier than ever to find these unique trades... ...Monument Traders Alliance | SponsoredCollapse of the PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Ru...Colonial Metals | SponsoredRare signal predicts 50% market drop - before electionThe market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED w...Behind the Markets | SponsoredBrace Yourself: Experts calling for Bitcoin to hit $100kFor the past few months, Bitcoin has been trading flat… It's been stuck around the $60,000 to $72,000 range...Crypto 101 Media | Sponsored5 Stocks that could triple in a week Robinhood traders have piled $78 billion into this market... Driving tiny tech stock gains of 3,000%, 8,942...Traders Agency | SponsoredBreaking News: Elon Musk Invents New Type of A.I. (Shocking)Could Elon's New Device be Bigger than the iPhone? According to 30-year Silicon Valley and Wall Street vete...InvestorPlace | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding AFC Gamma, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share AFC Gamma With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
