NLCP
NewLake Capital Partners, Inc.·Real Estate
14.53
4.197%(+0.58)
Market ClosedLast Updated: — ET
52W L: $12.0952W H: $16.75
NLCP NEWS
seekingalpha.com
1d ago
NewLake Capital Partners: A Regulatory Arbitrage Play With A Very Attractive Risk-Reward
NewLake Capital Partners offers high-yield REIT exposure to the cannabis sector, currently yielding over 12% with a healthy 84% payout ratio. NLCP trades at a significant discount (~0.75x book, 7x AFFO) due to OTCQX listing and regulatory overhang, providing a margin of safety. Regulatory reclassification of cannabis could double NLCP's valuation (to 15x AFFO), enable NYSE listing, and compress yields to ~8%.
seekingalpha.com
1d ago
NLCP And MSOS: Cannabis REIT Vs. ETF
NewLake Capital Partners, Inc. (NLCP) offers defensiveness and a 12% dividend yield, outperforming MSOS over the past three years. MSOS, an ETF heavily concentrated in top cannabis stocks, remains exposed to industry-wide oversupply, margin pressure, and bankruptcy risk. NLCP's low debt, resilient rent collections, and ability to replace tenants provide downside protection absent in MSOS.
seekingalpha.com
2d ago
NewLake Capital Partners: I Still Believe In The Turn-Around
NLCP has significantly underperformed since my initial bullish stance, with the stock price down over 26%. Despite collecting dividends, NLCP's total return remains negative at 9%, failing to offset capital losses. I maintained a bullish outlook and invested several times, but kept NLCP as a small portfolio position.
seekingalpha.com
2d ago
NewLake Capital: Why This 12% Dividend Yield Is Safer Than It Looks
NewLake Capital offers a double-digit dividend yield, underpinned by a net cash balance sheet that reduces downside and liquidity risk. Rescheduling cannabis to Schedule III could significantly improve tenant credit quality and drive a re-rating of NLCP's valuation and yield. Despite tenant distress and sector volatility, NLCP's low leverage and long lease terms provide resilience and time to await regulatory catalysts.
seekingalpha.com
4d ago
My 10 REIT Portfolio That Pays Me $3,000 Each Month
Rental properties are far from passive; the workload never ends. REITs offer scalable, truly passive real estate exposure. I present a REIT portfolio that generates me $3,000 of monthly income.
seekingalpha.com
Apr 2
NewLake Capital Partners: Collect A Double-Digit Yield From This Cannabis Landlord
NewLake Capital Partners (NLCP) offers a nearly 12% yield and stands out as a stable cannabis REIT. NLCP boasts a 91% occupancy rate, 52% net profit margin, minimal debt, and a steadily rising dividend since its 2021 IPO. NLCP's dividend safety and consistency outshine peers and it has a history of dividend increases.
