NLCP
Price:
$18.9
Market Cap:
$387.68M
NewLake Capital Partners is a leading provider of real estate capital to state-licensed cannabis operators. Founded in 2019, it is a triple-net lease REIT that acquires industrial and retail properties through sale-leaseback transactions, third-party purchases and build-to-suit projects. Its tenants are some of the leading operators in the U.S. state-licensed cannabis industry and it is a trusted partner for their real estate needs.[Read more]
Industry
REIT - Specialty
IPO Date
2021-08-20
Stock Exchange
PNK
Ticker
NLCP
According to NewLake Capital Partners, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 14.43. This represents a change of 0.26% compared to the average of 14.39 of the last 4 quarters.
The mean historical PE Ratio of NewLake Capital Partners, Inc. over the last ten years is 4.87. The current 14.43 PE Ratio has changed 29.52% with respect to the historical average. Over the past ten years (40 quarters), NLCP's PE Ratio was at its highest in in the June 2020 quarter at 500.85. The PE Ratio was at its lowest in in the September 2020 quarter at -10.94.
Average
4.87
Median
13.79
Minimum
-59.72
Maximum
54.69
Discovering the peaks and valleys of NewLake Capital Partners, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 0%
Maximum Annual PE Ratio = 54.69
Minimum Annual Increase = -Infinity%
Minimum Annual PE Ratio = -59.72
Year | PE Ratio | Change |
---|---|---|
2023 | 13.79 | -11.71% |
2022 | 15.61 | -71.45% |
2021 | 54.69 | -191.56% |
2020 | -59.72 | -Infinity% |
The current PE Ratio of NewLake Capital Partners, Inc. (NLCP) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
28.03
5-year avg
4.87
10-year avg
4.87
NewLake Capital Partners, Inc.’s PE Ratio is less than AFC Gamma, Inc. (23.29), less than Alpine Income Property Trust, Inc. (73.65), greater than Chicago Atlantic Real Estate Finance, Inc. (8.18), greater than Power REIT (-0.15), less than Global Medical REIT Inc. (192.95),
Company | PE Ratio | Market cap |
---|---|---|
23.29 | $212.28M | |
73.65 | $256.91M | |
8.18 | $315.13M | |
-0.15 | $3.56M | |
192.95 | $581.19M |
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