Should I buy or sell NewLake Capital Partners stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NewLake Capital Partners in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" NLCP shares. View NLCP analyst ratings or view top-rated stocks .

What is NewLake Capital Partners' stock price target for 2024?

1 Wall Street analysts have issued 1 year target prices for NewLake Capital Partners' shares. Their NLCP share price targets range from $18.25 to $18.25. On average, they predict the company's share price to reach $18.25 in the next year. This suggests a possible upside of 3.8% from the stock's current price. View analysts price targets for NLCP or view top-rated stocks among Wall Street analysts .

How have NLCP shares performed in 2024?

NewLake Capital Partners' stock was trading at $16.01 at the beginning of 2024. Since then, NLCP shares have increased by 9.9% and is now trading at $17.59. View the best growth stocks for 2024 here .

Are investors shorting NewLake Capital Partners?

NewLake Capital Partners saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 42,600 shares, an increase of 34.0% from the March 15th total of 31,800 shares. Based on an average daily trading volume, of 117,700 shares, the short-interest ratio is currently 0.4 days. View NewLake Capital Partners' Short Interest .

How were NewLake Capital Partners' earnings last quarter?

NewLake Capital Partners, Inc. (OTCMKTS:NLCP) released its earnings results on Thursday, May, 12th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.24 by $0.01.

How often does NewLake Capital Partners pay dividends? What is the dividend yield for NewLake Capital Partners?

NewLake Capital Partners announced a quarterly dividend on Friday, March 8th. Shareholders of record on Friday, March 29th will be given a dividend of $0.41 per share on Monday, April 15th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 9.32%. The ex-dividend date is Wednesday, March 27th. This is a boost from the stock's previous quarterly dividend of $0.40. Read our dividend analysis for NLCP .

How do I buy shares of NewLake Capital Partners?

Shares of NLCP 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 .

OTCMKTS:NLCP

NewLake Capital Partners (NLCP) Stock Price, News & Analysis

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$17.59

-0.18 (-1.01%)

(As of 04/18/2024 ET)

Compare

Today's Range: $17.59
▼
$18.05
50-Day Range: $16.00
▼
$19.18
52-Week Range: $11.80
▼
$19.50

Volume: 12,644 shs
Average Volume: 32,341 shs
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $18.25

Stock Analysis Analyst Forecasts Chart Dividend Financials Headlines SEC Filings Short Interest

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About NewLake Capital Partners Stock (OTCMKTS:NLCP)

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 31 properties comprised of 14 cultivation facilities and 17 dispensaries that are leased to single tenants on a triple-net basis.

NLCP Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NLCP Stock News Headlines

April 15, 2024 | investorplace.com

Dank Dividends: 3 Cannabis REITs Offering High Yields

April 15, 2024 | seekingalpha.com

NewLake Capital Is A Very Interesting Speculative Buy

April 19, 2024 | InvestorPlace (Ad)

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April 15, 2024 | americanbankingnews.com

Short Interest in NewLake Capital Partners, Inc. (OTCMKTS:NLCP) Grows By 34.0%

April 11, 2024 | globenewswire.com

NewLake Capital Partners to Host First Quarter 2024 Earnings Call on May 9th at 11:00 a.m. ET

April 2, 2024 | investorplace.com

The 3 Best Cannabis Stocks to Buy in April 2024

April 1, 2024 | finance.yahoo.com

NewLake Capital Partners Issues Statement on the Florida Supreme Court’s Decision on Amendment 3, the Cannabis Adult-Use Ballot Measure

April 1, 2024 | globenewswire.com

NewLake Capital Partners Issues Statement on the Florida Supreme Court's Decision on Amendment 3, the Cannabis Adult-Use Ballot Measure

April 19, 2024 | InvestorPlace (Ad)

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March 23, 2024 | seekingalpha.com

NewLake Capital Partners Q4: An 8% Yielding REIT You Should Be Loading Up On (Rating Upgrade)

March 21, 2024 | globenewswire.com

NewLake Capital Partners to Participate in Upcoming April 2024 Investor Conferences

March 18, 2024 | finance.yahoo.com

Director David Weinstein Sells Shares of NewLake Capital Partners Inc (NLCP)

March 13, 2024 | au.news.yahoo.com

Stripe’s growth continues to impress as total payment volume tops $1T

March 13, 2024 | seekingalpha.com

NewLake Has Stabilized And Remains Attractive

March 12, 2024 | finance.yahoo.com

NewLake Capital Partners, Inc. (PNK:NLCP) Q4 2023 Earnings Call Transcript

March 11, 2024 | msn.com

Cannabis REIT NewLake: YoY Increase In Q4 & FY 2023 Revenue Amid 'Challenging Environment,' CEO Says

March 11, 2024 | finance.yahoo.com

NewLake Capital Partners Inc Reports Growth in Revenue and Net Income for FY2023

March 11, 2024 | globenewswire.com

NewLake Capital Partners Reports Fourth Quarter and Full-Year 2023 Financial Results; Raises First Quarter 2024 Common Stock Dividend to $0.41 per Share

February 28, 2024 | globenewswire.com

NewLake Capital Partners to Present at the Sidoti Small-Cap Virtual Conference on March 13th

February 18, 2024 | seekingalpha.com

NewLake Capital Partners: A Cannabis REIT Worth Considering

February 7, 2024 | finance.yahoo.com

NewLake Capital Partners to Host Fourth Quarter and Full Year 2023 Earnings Call on March 11th at 11:00 a.m. ET

January 31, 2024 | seekingalpha.com

NewLake Capital: Separating The 'Weed' From The Chaff

January 26, 2024 | finance.yahoo.com

NewLake Capital Partners, Inc. Announces Tax Characteristics of 2023 Dividends

January 18, 2024 | seekingalpha.com

Innovative Industrial Properties Or NewLake Capital: Which Is The Better Cannabis REIT?

December 20, 2023 | morningstar.com

NewLake Capital Partners Inc Ordinary Shares NLCP

December 14, 2023 | finance.yahoo.com

NewLake Capital Partners Increases Fourth Quarter 2023 Common Stock Dividend to $0.40 per Share and Provides Share Repurchase Program Update

December 12, 2023 | finance.yahoo.com

NewLake Capital CEO, Anthony Coniglio, to Participate in Fireside Chat with Zuanic and Associates on December 13th at 11 a.m. ET

See More Headlines

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Company Calendar

Last Earnings: 5/12/2022
Ex-Dividend for 4/15 Dividend: 3/27/2024
Dividend Payable: 4/15/2024
Today: 4/18/2024

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Real Estate
Industry: REIT - Specialty
Sub-Industry: N/A
Current Symbol: OTCMKTS:NLCP
CUSIP: N/A
CIK: 1854964
Web: www.newlake.com
Phone: 203-594-1402
Fax: N/A
Employees: 8
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $18.25
High Stock Price Target: $18.25
Low Stock Price Target: $18.25
Potential Upside/Downside: +3.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

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Key Executives

Mr. Anthony Coniglio (Age 55)
President, CEO & Director
Comp: $624.55k
Ms. Lisa Meyer (Age 60)
CFO, Treasurer & Secretary
Comp: $331.98k
Mr. Jarrett Annenberg
Senior VP & Head of Investments

Key Competitors

View All Competitors

NLCP Stock Analysis - Frequently Asked Questions

Should I buy or sell NewLake Capital Partners stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NewLake Capital Partners in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" NLCP shares.
View NLCP analyst ratings or view top-rated stocks.
What is NewLake Capital Partners' stock price target for 2024?: 1 Wall Street analysts have issued 1 year target prices for NewLake Capital Partners' shares. Their NLCP share price targets range from $18.25 to $18.25. On average, they predict the company's share price to reach $18.25 in the next year. This suggests a possible upside of 3.8% from the stock's current price.
View analysts price targets for NLCP or view top-rated stocks among Wall Street analysts.
How have NLCP shares performed in 2024?: NewLake Capital Partners' stock was trading at $16.01 at the beginning of 2024. Since then, NLCP shares have increased by 9.9% and is now trading at $17.59.
View the best growth stocks for 2024 here.
Are investors shorting NewLake Capital Partners?: NewLake Capital Partners saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 42,600 shares, an increase of 34.0% from the March 15th total of 31,800 shares. Based on an average daily trading volume, of 117,700 shares, the short-interest ratio is currently 0.4 days.
View NewLake Capital Partners' Short Interest.

How were NewLake Capital Partners' earnings last quarter?: NewLake Capital Partners, Inc. (OTCMKTS:NLCP) released its earnings results on Thursday, May, 12th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.24 by $0.01.
How often does NewLake Capital Partners pay dividends? What is the dividend yield for NewLake Capital Partners?: NewLake Capital Partners announced a quarterly dividend on Friday, March 8th. Shareholders of record on Friday, March 29th will be given a dividend of $0.41 per share on Monday, April 15th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 9.32%. The ex-dividend date is Wednesday, March 27th. This is a boost from the stock's previous quarterly dividend of $0.40.
Read our dividend analysis for NLCP.
How do I buy shares of NewLake Capital Partners?: Shares of NLCP 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 (OTCMKTS:NLCP) was last updated on 4/19/2024 by MarketBeat.com Staff

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NewLake Capital Partners (NLCP) Stock Price, News & Analysis

About NewLake Capital Partners Stock (OTCMKTS:NLCP)

NLCP Stock Price History

NLCP Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

NLCP Stock Analysis - Frequently Asked Questions

About MarketBeat

MarketBeat Products

Popular Tools

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