⌘K

NewLake Capital Partners, Inc. (NLCP)

$20.81 2.06% $0.42 Real Estate

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.

Market cap

$426.82M

CEO

Full time employees

7.00

Headquarters

New Canaan, CT

IPO Date

Oct 26, 2021

Price-to-earnings (PE) Ratio

16.39

Earnings-per-share (EPS)

$1.27

Cash ratio (TTM)

0.76

Current ratio (TTM)

0.94

Dividend yield (TTM)

8.18%

Earnings yield (TTM)

6.49%

Net profit margin (TTM)

53.63%

PE ratio (TTM)

15.40

PEG ratio (TTM)

0.15

Price-to-book ratio (TTM)

1.02

Price-to-sales ratio (TTM)

8.24

Quick ratio (TTM)

0.18

Return on assets (TTM)

6.09%

Return on equity (TTM)

6.57%

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