NLCP

NewLake Capital Partners, Inc.

Price Chart

Latest Quote

$15.49

+0.14 (+0.91%)

Current Price

Previous Close	$15.35
Open	$15.52
Day High	$15.79
Day Low	$15.30
Volume	30,509

Fetched: 2026-06-21T16:32:25

Stock Information

Quarterly Dividend / Yield	$1.72 / 11.10%
Shares Outstanding	20.58M
Quarterly Dividend Yield	11.10%
Quarterly Dividend	$1.72
Total Debt	$7.70M
Cash Equivalents	$24.77M
Revenue	$50.17M
Net Income	$25.80M
Sector	Real Estate
Industry	REIT - Specialty
Market Cap	$324.57M
P/E Ratio	12.39
EPS (TTM)	$1.25
Exchange	OQX

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📊 Comprehensive Analysis

Company Data

Enterprise Value	$308.41M
Sales	$50.17M
Income	$25.80M
Book/sh	$18.70
Cash/sh	$1.20
Employees	7

Financial Ratios

Quick Ratio	2.43
Current Ratio	3.39
Debt/Eq	1.97
EPS Growth TTM	-8.30%

Returns & Margins

ROA	3.96%
ROE	6.62%
Gross Margin	97.75%
Operating Margin	48.86%
Profit Margin	51.42%

Ownership

Insider Ownership	18.10%
Institutional Ownership	8.35%
Insider & Institutional transactions data not available

Valuation Ratios

Forward P/E	12.05
P/S	6.47
P/B	0.83

Analyst Data

Recommendation	none
Target Price	$17.50

Technical Indicators

SMA20	$15.16
SMA50	$14.74
SMA200	$13.85
RSI	43.19
ATR	0.4692

Shares Float	18.12M
Volatility	0.83
Rel Volume	0.89

Performance History

Week	+1.51%
Month	+8.85%
Quarter	+4.69%
6 Months	+18.50%
YTD	+1.23%
Year	+17.49%
3 Years	+77.79%
10 Years	-19.22%

Stock Score: ⭐ Premium

Based on debt, profitability, growth, and cash flow metrics

⭐ Premium Feature

Recent Price History

Date	Close	Volume
2026-06-18	$15.49	94,300
2026-06-17	$15.35	72,500
2026-06-16	$15.25	86,700
2026-06-15	$15.60	92,600
2026-06-12	$15.35	115,100
2026-06-11	$15.26	99,000
2026-06-10	$15.10	62,600
2026-06-09	$14.88	94,800
2026-06-08	$14.90	79,800
2026-06-05	$15.00	88,500
2026-06-04	$14.87	62,900
2026-06-03	$14.82	55,200
2026-06-02	$14.85	143,000
2026-06-01	$15.47	136,600
2026-05-29	$15.85	103,200
2026-05-28	$15.90	91,400
2026-05-27	$15.21	96,300
2026-05-26	$15.20	351,900
2026-05-22	$14.51	96,000
2026-05-21	$14.32	106,700
2026-05-20	$14.44	39,700
2026-05-19	$14.23	148,200

About NewLake Capital Partners, Inc.

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.

📰 Latest News

3 Reasons to Buy NewLake Capital Partners Stock and 1 Reason Not To

Motley Fool • 2026-03-31T17:08:00Z

NewLake Capital Partners Inc (NLCP) Q3 2025 Earnings Call Highlights: Steady Growth Amidst ...

GuruFocus.com • 2025-11-06T23:04:38Z

NewLake Capital (NLCP) Declares $0.43 Quarterly Dividend for Q2 2025

Insider Monkey • 2025-07-14T15:30:52Z

Period:

Income Statement (Annual)

Metric	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Revenue
Reconciled Cost Of Revenue	$239,000	$657,000	$219,000	$144,000
Cost Of Revenue	$239,000	$657,000	$219,000	$144,000
Total Revenue	$50,131,000	$47,304,000	$45,000,000	$28,058,000
Operating Revenue	$50,131,000	$47,304,000	$45,000,000	$28,058,000
Expenses
Interest Expense	$565,000	$379,000	$273,000	$6,000
Total Expenses	$22,815,000	$22,649,000	$22,424,000	$16,563,000
Other Income Expense	$-522,000	-	$-60,000	-
Net Non Operating Interest Income Expense	$-211,000	$368,000	$-160,000	$94,000
Interest Expense Non Operating	$565,000	$379,000	$273,000	$6,000
Operating Expense	$22,576,000	$21,992,000	$22,205,000	$16,563,000
General And Administrative Expense	$7,914,000	$7,559,000	$9,380,000	$8,466,000
Income & Earnings
Net Income From Continuing Operation Net Minority Interest	$26,115,000	$24,585,000	$21,976,000	$11,233,000
Net Interest Income	$-211,000	$368,000	$-160,000	$94,000
Interest Income	$354,000	$747,000	$113,000	$100,000
Normalized Income	$26,527,380	$24,585,000	$22,023,400	$11,233,000
Net Income From Continuing And Discontinued Operation	$26,115,000	$24,585,000	$21,976,000	$11,233,000
Total Operating Income As Reported	$26,794,000	$24,655,000	$22,516,000	$11,495,000
Average Dilution Earnings	$468,000	$438,000	$380,000	$360,000
Net Income Common Stockholders	$26,115,000	$24,585,000	$21,976,000	$11,229,000
Net Income	$26,115,000	$24,585,000	$21,976,000	$11,233,000
Net Income Including Noncontrolling Interests	$26,583,000	$25,023,000	$22,356,000	$11,589,000
Net Income Continuous Operations	$26,583,000	$25,023,000	$22,356,000	$11,589,000
Pretax Income	$26,583,000	$25,023,000	$22,356,000	$11,589,000
Special Income Charges	$-522,000	$0	-	$0
Interest Income Non Operating	$354,000	$747,000	$113,000	$100,000
Operating Income	$27,316,000	$24,655,000	$22,576,000	$11,495,000
Depreciation Amortization Depletion Income Statement	$14,713,000	$14,266,000	$12,825,000	$8,097,000
Depreciation And Amortization In Income Statement	$14,713,000	$14,266,000	$12,825,000	$8,097,000
Gross Profit	$49,892,000	$46,647,000	$44,781,000	$28,057,000
Per Share
Diluted EPS	$1.27	$1.16	$1.03	$0.65
Basic EPS	$1.27	$1.16	$1.03	$0.66
Other
Tax Effect Of Unusual Items	$-109,620	$0	$-12,600	$0
Tax Rate For Calcs	$0	$0	$0	$0
Normalized EBITDA (Bullshit earnings)	$42,383,000	$39,668,000	$35,514,000	$19,692,000
Total Unusual Items	$-522,000	$0	$-60,000	$0
Total Unusual Items Excluding Goodwill	$-522,000	$0	$-60,000	$0
Reconciled Depreciation	$14,713,000	$14,266,000	$12,825,000	$8,097,000
EBITDA (Bullshit earnings)	$41,861,000	$39,668,000	$35,454,000	$19,692,000
EBIT	$27,148,000	$25,402,000	$22,629,000	$11,595,000
Diluted Average Shares	$20,963,532	$21,548,976	$21,810,789	$17,566,470
Basic Average Shares	$20,564,179	$21,169,010	$21,418,484	$17,011,991
Diluted NI Availto Com Stockholders	$26,583,000	$25,023,000	$22,356,000	$11,589,000
Minority Interests	$-468,000	$-438,000	$-380,000	$-356,000
Impairment Of Capital Assets	$522,000	$0	-	-
Provision For Doubtful Accounts	$-51,000	$167,000	$0	-
Selling General And Administration	$7,914,000	$7,559,000	$9,380,000	$8,466,000
Other Gand A	$3,239,000	$3,082,000	$3,311,000	$3,457,000
Salaries And Wages	$4,675,000	$4,477,000	$6,069,000	$5,009,000
Gain On Sale Of Security	-	-	$-60,000	-
Preferred Stock Dividends	-	-	-	$4,000
Restructuring And Mergern Acquisition	-	-	-	$0

Fetched: 2026-02-06

Balance Sheet (Annual)

Metric	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Assets
Net Tangible Assets	$378,971,000	$384,806,000	$401,784,000	$403,553,000
Total Assets	$431,536,000	$433,292,000	$454,249,000	$460,883,000
Total Non Current Assets	$406,439,000	$402,616,000	$404,057,000	$303,786,000
Other Non Current Assets	$1,911,000	$2,528,000	$2,554,000	$858,000
Goodwill And Other Intangible Assets	$17,794,000	$19,779,000	$21,765,000	$24,002,000
Other Intangible Assets	$17,794,000	$19,779,000	$21,765,000	$24,002,000
Current Assets	$25,097,000	$30,676,000	$50,192,000	$157,097,000
Receivables	$4,884,000	$4,833,000	$5,000,000	$30,000,000
Loans Receivable	$4,884,000	$4,833,000	$5,000,000	$30,000,000
Cash Cash Equivalents And Short Term Investments	$20,213,000	$25,843,000	$45,192,000	$127,097,000
Cash And Cash Equivalents	$20,213,000	$25,843,000	$45,192,000	$127,097,000
Prepaid Assets	-	-	-	$858,000
Debt
Total Debt	$7,600,000	$2,000,000	$2,986,000	$3,759,000
Current Debt And Capital Lease Obligation	$7,600,000	$1,000,000	$1,000,000	-
Current Debt	$7,600,000	$1,000,000	$1,000,000	-
Long Term Debt And Capital Lease Obligation	-	$1,000,000	$1,986,000	$3,759,000
Long Term Debt	-	$1,000,000	$1,986,000	$3,759,000
Liabilities
Total Liabilities Net Minority Interest	$27,564,000	$21,335,000	$23,311,000	$21,548,000
Total Non Current Liabilities Net Minority Interest	$402,000	$1,227,000	$2,991,000	$5,903,000
Other Non Current Liabilities	$402,000	$227,000	$1,005,000	-
Current Liabilities	$27,162,000	$20,108,000	$20,320,000	$15,645,000
Other Current Liabilities	$8,117,000	$8,616,000	$7,774,000	-
Current Deferred Liabilities	$684,000	$990,000	$1,375,000	$1,429,000
Payables And Accrued Expenses	$10,761,000	$9,502,000	$10,171,000	$14,216,000
Payables	$10,761,000	$9,502,000	$10,171,000	$14,216,000
Dividends Payable	$9,246,000	$8,385,000	$8,512,000	$6,765,000
Accounts Payable	$1,515,000	$1,117,000	$1,659,000	$1,404,000
Other Payable	-	-	$7,774,000	$6,047,000
Equity
Common Stock Equity	$396,765,000	$404,585,000	$423,549,000	$427,555,000
Total Equity Gross Minority Interest	$403,972,000	$411,957,000	$430,938,000	$439,335,000
Stockholders Equity	$396,765,000	$404,585,000	$423,549,000	$427,555,000
Retained Earnings	$-50,067,000	$-40,909,000	$-32,487,000	$-23,574,000
Other
Ordinary Shares Number	$20,514,583	$20,503,520	$21,408,194	$21,235,914
Share Issued	$20,514,583	$20,503,520	$21,408,194	$21,235,914
Tangible Book Value	$378,971,000	$384,806,000	$401,784,000	$403,553,000
Invested Capital	$404,365,000	$406,585,000	$426,535,000	$431,314,000
Working Capital	$-2,065,000	$10,568,000	$29,872,000	$141,452,000
Total Capitalization	$396,765,000	$405,585,000	$425,535,000	$431,314,000
Minority Interest	$7,207,000	$7,372,000	$7,389,000	$11,780,000
Additional Paid In Capital	$446,627,000	$445,289,000	$455,822,000	$450,916,000
Capital Stock	$205,000	$205,000	$214,000	$213,000
Common Stock	$205,000	$205,000	$214,000	$213,000
Preferred Stock	$0	$0	$0	$0
Current Deferred Revenue	$684,000	$990,000	$1,375,000	$1,429,000
Line Of Credit	$7,600,000	$1,000,000	$1,000,000	$0
Investment Properties	$386,734,000	$380,309,000	$379,738,000	$278,926,000
Long Term Provisions	-	-	-	$2,144,000
Current Accrued Expenses	-	-	-	$1,404,000

Fetched: 2026-02-06

Cash Flow Statement (Annual)

Metric	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Free Cash Flow
Free Cash Flow	$43,349,000	$40,084,000	$37,008,000	$26,697,000
Operating Activities
Operating Cash Flow	$43,349,000	$40,084,000	$37,008,000	$26,697,000
Cash Flow From Continuing Operating Activities	$43,349,000	$40,084,000	$37,008,000	$26,697,000
Operating Gains Losses	-	-	$60,000	-
Investing Activities
Investing Cash Flow	$-19,135,000	$-12,835,000	$-86,453,000	$-39,907,000
Cash Flow From Continuing Investing Activities	$-19,135,000	$-12,835,000	$-86,453,000	$-39,907,000
Net Other Investing Changes	-	-	$-5,000,000	$-30,000,000
Financing Activities
Repurchase Of Capital Stock	$0	$-11,807,000	$0	$-125,000
Financing Cash Flow	$-29,844,000	$-46,598,000	$-32,460,000	$120,690,000
Cash Flow From Continuing Financing Activities	$-29,844,000	$-46,598,000	$-32,460,000	$120,690,000
Net Other Financing Charges	$-1,021,000	$-654,000	$-2,513,000	$-461,000
Cash Dividends Paid	$-34,423,000	$-33,137,000	$-29,147,000	$-11,809,000
Common Stock Dividend Paid	$-34,423,000	$-33,137,000	$-29,147,000	$-11,805,000
Net Common Stock Issuance	$0	$-11,807,000	$0	$133,085,000
Issuance Of Capital Stock	-	-	$0	$133,085,000
Preferred Stock Dividend Paid	-	-	$0	$-4,000
Net Preferred Stock Issuance	-	-	$0	$-125,000
Common Stock Issuance	-	-	$0	$133,085,000
Other
Repayment Of Debt	$-1,000,000	$-1,000,000	$-1,800,000	$0
Issuance Of Debt	$6,600,000	$0	$1,000,000	$0
Interest Paid Supplemental Data	$303,000	$137,000	$29,000	$0
End Cash Position	$20,213,000	$25,843,000	$45,192,000	$127,097,000
Beginning Cash Position	$25,843,000	$45,192,000	$127,097,000	$19,617,000
Changes In Cash	$-5,630,000	$-19,349,000	$-81,905,000	$107,480,000
Common Stock Payments	$0	$-11,807,000	$0	-
Net Issuance Payments Of Debt	$5,600,000	$-1,000,000	$-800,000	$0
Net Long Term Debt Issuance	$5,600,000	$-1,000,000	$-800,000	$0
Long Term Debt Payments	$-1,000,000	$-1,000,000	$-1,800,000	$0
Long Term Debt Issuance	$6,600,000	$0	$1,000,000	$0
Net Investment Properties Purchase And Sale	$-19,138,000	$-12,835,000	$-81,453,000	$-72,118,000
Sale Of Investment Properties	$0	$1,949,000	$761,000	$0
Purchase Of Investment Properties	$-19,138,000	$-14,784,000	$-82,214,000	$-72,118,000
Net Business Purchase And Sale	$3,000	$0	$0	$62,211,000
Sale Of Business	$3,000	$0	$0	$64,355,000
Change In Working Capital	$852,000	$753,000	$99,000	$4,991,000
Change In Other Working Capital	$-306,000	$-385,000	$-2,198,000	$3,573,000
Change In Other Current Liabilities	$-75,000	$-717,000	$766,000	$0
Change In Other Current Assets	$124,000	$229,000	$-450,000	$462,000
Change In Payables And Accrued Expense	$1,109,000	$1,626,000	$1,981,000	$956,000
Change In Payable	$1,109,000	$1,626,000	$1,981,000	$956,000
Change In Account Payable	$398,000	$-540,000	$255,000	$-1,840,000
Other Non Cash Items	$-944,000	$-1,564,000	$175,000	-
Stock Based Compensation	$1,674,000	$1,439,000	$1,493,000	$2,020,000
Provisionand Write Offof Assets	$-51,000	$167,000	$0	-
Asset Impairment Charge	$522,000	$0	-	-
Depreciation Amortization Depletion	$14,713,000	$14,266,000	$12,825,000	$8,097,000
Depreciation And Amortization	$14,713,000	$14,266,000	$12,825,000	$8,097,000
Net Income From Continuing Operations	$26,583,000	$25,023,000	$22,356,000	$11,589,000
Preferred Stock Payments	-	-	$0	$-125,000
Purchase Of Business	-	-	$0	$-2,144,000
Gain Loss On Investment Securities	-	-	$60,000	-
Proceeds From Stock Option Exercised	-	-	-	$0
Change In Accrued Expense	-	-	-	$-1,840,000
Change In Prepaid Assets	-	-	-	$462,000

Fetched: 2026-02-06