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15.73 USD
P/E
12.56
EPS
1.25
Yield
10.86%
Safety Score
25
P/B
0.84
ROE
6.62
Beta
0.83
Target Price
17.50 USD
NewLake Capital Partners, Inc. logo

NewLake Capital Partners, Inc.

🧾 Earnings Recap – Q3 2025

NewLake Capital Partners reported third quarter 2025 results in line with expectations, driven by strong tenant performance despite ongoing challenges in the cannabis sector.

  • AFFO increased over 2% year-over-year, with an AFFO payout ratio of 82%, within the target range.
  • All scheduled rents were collected except for two AYR properties, which are now being re-tenanted after regaining control.
  • Notable performances from tenants: Curaleaf reported over $100 million in cash flow yearto-date, and Cresco achieved positive cash flow and reduced debt.
  • The company remains cautiously optimistic about federal cannabis reform, emphasizing proactive risk management and potential diversification beyond cannabis.
  • Total revenue for Q3 reached $12.6 million, reflecting a 0.3% year-over-year increase amidst a challenging regulatory environment.
📅
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Key Metrics
Earnings dateAug. 5, 2026
P/E12.56
EPS1.25
Book Value18.70
Price to Book0.84
Debt/Equity1.97
% Insiders18.096%
Growth
Revenue Growth-0.07%
Earnings Growth-0.09%
Estimates
Forward P/E12.22
Forward EPS1.29
Target Mean Price17.50
Dividend
Dividend Yield10.86%
Annual dividends1.72 USD
Ex-Div. DateJune 30, 2026
Payout138.09%

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NewLake Capital Partners, Inc. Logo NewLake Capital Partners, Inc. Analysis (NLCP)

Is NewLake Capital Partners, Inc. a good investment? NewLake Capital Partners, Inc. (NLCP) is currently trading at 15.73 USD. Market analysts have a consensus price target of 17.50 USD. This suggests a potential upside from current levels.

In terms of valuation, the stock trades at a P/E ratio of 12.56. This relatively low multiple may signal that NewLake Capital Partners, Inc. is undervalued compared to historical market norms.

Earnings Schedule: NewLake Capital Partners, Inc. is expected to release its next earnings report on Aug. 5, 2026. The market consensus estimate for Forward EPS is 1.29.

For income investors, NewLake Capital Partners, Inc. pays a dividend yield of 10.86%. With a payout ratio of 138%, the dividend appears to be under pressure.

Investor FAQ

Does NewLake Capital Partners, Inc. pay a dividend?

Yes, it pays an annual dividend of 1.72 USD (10.86% yield).

What asset class is NewLake Capital Partners, Inc.?

NewLake Capital Partners, Inc. is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.

When is the next earnings date?

The next earnings date is projected to be Aug. 5, 2026. The company currently has a trailing EPS of 1.25.

Company Profile

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 34 properties, including 15 cultivation facilities and 19 dispensaries, primarily leased to single tenants under triple-net lease agreements. NewLake Capital Partners, Inc. was formed and incorporated on April 9, 2019 in Maryland, USA.

Exchange Ticker
NLCP
Trades
Dividend Yield
10.86%
Annual Dividends
1.72USD
Next Ex. Div Date
June 30, 2026
Payout Ratio
138.09%
Dividend History paid per year (USD)
Historical Dividends
Year Total Dividends
2027
1.45 USD
July 15, 2027 (estimated) 0.4766
April 15, 2027 (estimated) 0.4801
Jan. 15, 2027 (estimated) 0.4910
2026
1.75 USD
Oct. 15, 2026 (estimated) 0.4637
July 15, 2026 0.4300
April 15, 2026 0.4300
Jan. 15, 2026 0.4300
2025
1.72 USD
Oct. 15, 2025 0.4300
July 15, 2025 0.4300
April 15, 2025 0.4300
Jan. 15, 2025 0.4300
2024
1.67 USD
Oct. 15, 2024 0.4300
July 15, 2024 0.4300
April 15, 2024 0.4100
Jan. 12, 2024 0.4000
2023
1.56 USD
Oct. 13, 2023 0.3900
July 14, 2023 0.3900
April 14, 2023 0.3900
Jan. 13, 2023 0.3900
2022
1.36 USD
Oct. 14, 2022 0.3700
July 15, 2022 0.3500
April 14, 2022 0.3300
Jan. 14, 2022 0.3100
2021
0.24 USD
Oct. 15, 2021 0.1200
Aug. 12, 2021 0.1200
Upcoming Dividends
Name Payment Date Status Amount
NewLake Capital Partners, Inc. Jul 15, 2026 0.43 USD
NewLake Capital Partners, Inc. Apr 15, 2026 0.43 USD
NewLake Capital Partners, Inc. Jan 15, 2026 0.43 USD
NewLake Capital Partners, Inc. Oct 15, 2025 0.43 USD
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