S&P 500   3,790.93
DOW   30,316.32
QQQ   282.13
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$130 trillion revolution in this cup? (Ad)
Small-Cap Catalyst Pharma Is Among Market's Best Price Performers
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$130 trillion revolution in this cup? (Ad)
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Tyson Foods Takes a Lickin’ and Keeps on Tickin’ Lower
In 20 years, this little-known trader didn’t have a single losing year… (Ad)
Stocks rise in extended rally, clawing back more ground
Live Updates: Russia-Ukraine War
S&P 500   3,790.93
DOW   30,316.32
QQQ   282.13
6 Benefits of Working With a Franchise Consultant or Broker
$130 trillion revolution in this cup? (Ad)
Small-Cap Catalyst Pharma Is Among Market's Best Price Performers
3 Safe Earnings Plays for a Risk-Off Market
$130 trillion revolution in this cup? (Ad)
Micron to bring microchip plant to upstate New York
Tyson Foods Takes a Lickin’ and Keeps on Tickin’ Lower
In 20 years, this little-known trader didn’t have a single losing year… (Ad)
Stocks rise in extended rally, clawing back more ground
Live Updates: Russia-Ukraine War
S&P 500   3,790.93
DOW   30,316.32
QQQ   282.13
6 Benefits of Working With a Franchise Consultant or Broker
$130 trillion revolution in this cup? (Ad)
Small-Cap Catalyst Pharma Is Among Market's Best Price Performers
3 Safe Earnings Plays for a Risk-Off Market
$130 trillion revolution in this cup? (Ad)
Micron to bring microchip plant to upstate New York
Tyson Foods Takes a Lickin’ and Keeps on Tickin’ Lower
In 20 years, this little-known trader didn’t have a single losing year… (Ad)
Stocks rise in extended rally, clawing back more ground
Live Updates: Russia-Ukraine War
S&P 500   3,790.93
DOW   30,316.32
QQQ   282.13
6 Benefits of Working With a Franchise Consultant or Broker
$130 trillion revolution in this cup? (Ad)
Small-Cap Catalyst Pharma Is Among Market's Best Price Performers
3 Safe Earnings Plays for a Risk-Off Market
$130 trillion revolution in this cup? (Ad)
Micron to bring microchip plant to upstate New York
Tyson Foods Takes a Lickin’ and Keeps on Tickin’ Lower
In 20 years, this little-known trader didn’t have a single losing year… (Ad)
Stocks rise in extended rally, clawing back more ground
Live Updates: Russia-Ukraine War
NASDAQ:AFCG

AFC Gamma - AFCG Stock Forecast, Price & News

$16.39
+0.41 (+2.57%)
(As of 10/4/2022 12:00 AM ET)
Add
Compare
Today's Range
$16.15
$16.67
50-Day Range
$15.30
$18.74
52-Week Range
$14.90
$25.50
Volume
110,196 shs
Average Volume
171,388 shs
Market Capitalization
$325.47 million
P/E Ratio
8.24
Dividend Yield
14.02%
Price Target
$22.83

AFC Gamma MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
20.5% Upside
$19.75 Price Target
Short Interest
Healthy
2.79% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.93mentions of AFC Gamma in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
13.85%
From $2.60 to $2.96 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.99 out of 5 stars

Finance Sector

199th out of 925 stocks

Real Estate Industry

5th out of 22 stocks

AFCG stock logo

About AFC Gamma (NASDAQ:AFCG) Stock

AFC Gamma, Inc. originates, structures, underwrites, and invests in senior secured loans, and other types of loans and debt securities for established companies operating in the cannabis industry in states that have legalized medicinal and/or adult use cannabis. 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. AFC Gamma, Inc. 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. The company was incorporated in 2020 and is based in West Palm Beach, Florida.

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AFCG Stock News Headlines

AFC Gamma, Inc. (NASDAQ:AFCG) Short Interest Update
Better Buy: Innovative Industrial Properties or AFC Gamma?
AFC Gamma declares $0.56 dividend
AFC Gamma Announces Third Quarter Dividend
AFC Gamma: Q2 Earnings Insights
AFC Gamma, Inc. (AFCG)
AFC Gamma Inc.
10 Undervalued Dividend Stocks with Over 10% Yield
See More Headlines
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AFCG Company Calendar

Ex-Dividend for 7/15 Dividend
6/29/2022
Dividend Payable
7/15/2022
Last Earnings
8/09/2022
Ex-Dividend for 10/14 Dividend
9/29/2022
Today
10/04/2022
Dividend Payable
10/14/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Real estate
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:AFCG
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$19.75
High Stock Price Forecast
$22.00
Low Stock Price Forecast
$17.50
Forecasted Upside/Downside
+39.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
0 Analysts

Profitability

Net Income
$21 million
Pretax Margin
56.47%

Debt

Sales & Book Value

Annual Sales
$38.14 million
Cash Flow
$1.35 per share
Book Value
$13.84 per share

Miscellaneous

Free Float
14,298,000
Market Cap
$325.47 million
Optionable
Not Optionable
Beta
1.11

Key Executives

  • Mr. Leonard Mark Tannenbaum C.F.A.Mr. Leonard Mark Tannenbaum C.F.A. (Age 51)
    Co-Founder, Partner, CEO & Chairman
  • Ms. Robyn  TannenbaumMs. Robyn Tannenbaum (Age 36)
    Co-Founder, MD, Partner and Head of Origination & Investor Relations
    Comp: $83.1k
  • Mr. Brett H. Kaufman (Age 50)
    CFO & Treasurer
    Comp: $566.43k
  • Mr. Jonathan Gilbert KalikowMr. Jonathan Gilbert Kalikow (Age 51)
    Partner, Head of Real Estate & Director
  • Ms. Hailey Nicholas
    Sr. Accountant
  • Mr. Gabriel A. Katz (Age 34)
    Chief Legal Officer
  • Mr. James F. Velgot (Age 60)
    Chief Marketing Officer
  • Mr. Brandon Hetzel
    VP & Controller













AFCG Stock - Frequently Asked Questions

Should I buy or sell AFC Gamma stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AFC Gamma in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AFCG shares.
View AFCG analyst ratings
or view top-rated stocks.

What is AFC Gamma's stock price forecast for 2022?

1 Wall Street analysts have issued 12 month price objectives for AFC Gamma's shares. Their AFCG share price forecasts range from $17.50 to $29.00. On average, they predict the company's share price to reach $22.83 in the next year. This suggests a possible upside of 39.3% from the stock's current price.
View analysts price targets for AFCG
or view top-rated stocks among Wall Street analysts.

How have AFCG shares performed in 2022?

AFC Gamma's stock was trading at $22.76 on January 1st, 2022. Since then, AFCG stock has decreased by 28.0% and is now trading at $16.39.
View the best growth stocks for 2022 here
.

When is AFC Gamma's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our AFCG earnings forecast
.

How were AFC Gamma's earnings last quarter?

AFC Gamma, Inc. (NASDAQ:AFCG) posted its quarterly earnings data on Tuesday, August, 9th. The company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.10. The firm had revenue of $21.65 million for the quarter, compared to the consensus estimate of $18 million. AFC Gamma had a net margin of 56.14% and a trailing twelve-month return on equity of 13.48%. During the same quarter in the previous year, the business earned $0.43 earnings per share.

How often does AFC Gamma pay dividends? What is the dividend yield for AFC Gamma?

AFC Gamma announced a quarterly dividend on Thursday, September 15th. Investors of record on Friday, September 30th will be paid a dividend of $0.56 per share on Friday, October 14th. This represents a $2.24 annualized dividend and a yield of 13.67%. The ex-dividend date is Thursday, September 29th.
Read our dividend analysis for AFCG
.

Is AFC Gamma a good dividend stock?

AFC Gamma (NASDAQ:AFCG) pays an annual dividend of $2.24 per share and currently has a dividend yield of 14.02%. AFCG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 112.56%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, AFCG will have a dividend payout ratio of 75.68% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for AFCG.

When did AFC Gamma IPO?

(AFCG) raised $120 million in an IPO on Friday, March 19th 2021. The company issued 6,300,000 shares at $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.

What is AFC Gamma's stock symbol?

AFC Gamma trades on the NASDAQ under the ticker symbol "AFCG."

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is AFC Gamma's stock price today?

One share of AFCG stock can currently be purchased for approximately $16.39.

How much money does AFC Gamma make?

AFC Gamma (NASDAQ:AFCG) has a market capitalization of $325.47 million and generates $38.14 million in revenue each year. The company earns $21 million in net income (profit) each year or $1.99 on an earnings per share basis.

How can I contact AFC Gamma?

AFC Gamma's mailing address is 525 OKEECHOBEE BLVD. SUITE 1770, WEST PALM BEACH FL, 33401. The official website for the company is www.afcgamma.com. The company can be reached via phone at 561-510-2390 or via email at ir@advancedflowercapital.com.

This page (NASDAQ:AFCG) was last updated on 10/5/2022 by MarketBeat.com Staff

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