NewLake Capital Partners Stock News

U.S. equity markets rebounded after their worst week since November, while interest rates swelled to fresh seven-month highs as investors parsed data showing relatively strong retail and travel demand trends. Recovering from a slide of over 2% last week, the S&P 500 advanced 0.7%, lifting its year-to-date gains to over 26%. The Nasdaq 100 extended its 2024 gains to 28%. Real estate equities und...

NEW CANAAN, Conn., Dec. 12, 2024 (GLOBE NEWSWIRE) -- NewLake Capital Partners, Inc. (OTCQX: NLCP) (the “Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, today announced the appointment of Dina Rollman to its Board of Directors (the “Board”), effective immediately, and announced its fourth quarter dividend.

About a year ago, I published two proposed portfolios:  Cash COWs, (high-yield and strong dividend safety), and Buried Treasures, (undervalued, high-yielding, with strong balance sheets and growth). The Cash COWs portfolio, selected for high yield and dividend safety, delivered a 6.91% cash yield with no dividend cuts, outperforming the VNQ by 242 bps. Despite not matching the S&P 500 or NASDAQ...

Cannabis stock investors face another complex year ahead. The reason for this is the politics surrounding cannabis reform. For as long as pot stocks have been publicly traded, the pros and cons of reform have always impacted trading. With how far the industry has come, speculation on what will take place in 2025 has amped up. The global cannabis market has consistently generated billions of dol...

NewLake Capital Partners (NLCP) is a promising cannabis-focused REIT with strong financials, high dividend yields and no debt. Comps show that NLCP stands out in profitability and dividends too. NLCP and IIPR are also sole players in a highly competitive specialty of leaseback-based REITs (instead of mortgage-based REITs), allowing both to coexist. NLCP's diverse portfolio and more optimal sale...

The US cannabis industry continues to expand rapidly, presenting unique opportunities for investors in ancillary cannabis stocks. Analysts project the market could reach $100 billion in value by 2030 as legalization spreads across states. Ancillary companies like WM Technology, Hydrofarm, and NewLake Capital Partners provide essential services that support this growth. These businesses benefit ...

NewLake Capital Partners offers a 9.1% yield, trades at a discounted forward P/FFO ratio of 9.5x, and presents an attractive buy for income-focused investors. NLCP's robust portfolio in limited-license jurisdictions, strong tenant relationships, and long lease terms support stable, long-term rental income and consistent growth. With minimal debt and a solid financial position, NLCP is well-posi...

NewLake Capital Partners has continued to execute well despite operating in a relatively challenging cannabis REIT market, with most of its tenants still current with rental payments. If anything, the REIT continues to generate rich AFFO while paying out rich AFFO payout ratio, with Seeking Alpha Quant rating the safety of its dividends as A+. NLCP's overly discounted valuations and cheap stock...