Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and ...

4x6 I initially covered AFC Gamma (NASDAQ:AFCG) in May, rating it a Hold. This decision was informed by a mostly positive view of its role as a real estate lender for the cannabis industry, where supply of capital is low and allows for attractively high yields on its loans. AFCG's story, however, was complicated by its portfolio of distressed, non-cannabis loans in commercial real estate that were pending SEC approval for a spinoff into Sunrise Realty Trust (SUNS). Since then, the spinoff was approved a ...

AFC Gamma Inc. (AFCG) closed the last trading session at $10.19, gaining 13% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $14.80 indicates a 45.2% upside potential.The mean estimate comprises five short-term price targets with a standard deviation of $3.56. While the lowest estimate of $9 indicates a 11.7% decline from the current price level, the most optimistic analyst expects ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they bel ...

Shares of AFC Gamma Inc. (AFCG) have gained 9.5% over the past four weeks to close the last trading session at $9.57, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $15 indicates a potential upside of 56.7%.The average comprises five short-term price targets ranging from a low of $10 to a high of $18, with a standard deviation of $3.16. While the lowest estimate indicates an in ...

Top Marijuana Stock Picks For Traders TodayThe cannabis industry continues to show why it is one of the fastest-growing sectors. As more people become comfortable with legal cannabis so is the idea of investing. For a long while people were scared to invest in cannabis. Currently, cannabis is still illegal however over half of the USA and several global regions have thriving marijuana businesses. From this people have been lowering their guard and taking more chances and ways to invest.The shortest road to ...

AFC Gamma, Inc. (NASDAQ:AFCG) Q2 2024 Earnings Conference Call August 7, 2024 10:00 AM ET Company Participants Gabriel Katz – Chief Legal Officer Daniel Neville – Chief Executive Officer Robyn Tannenbaum – President Brandon Hetzel – Chief Financial Officer Conference Call Participants Pablo Zuanic – Zuanic & Associates Operator Good morning, and welcome to Advanced Flower Capital's Second Quarter 2024 Earnings Call. At this time all participants are in a listen-only mode. Later we will conduct a question-an ...

AFC Gamma Inc. (AFCG) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.49 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12%. A quarter ago, it was expected that this company would post earnings of $0.50 per share when it actually produced earnings of $0.49, delivering a surprise of -2%.Over the last four quarters, the company has sur ...

AFC Gamma, Inc. Announces Financial Results for Second Quarter 2024 Second quarter 2024 GAAP net income of $16.4 million or $0.80 per basic weighted average common share and Distributable Earnings of $11.4 million or $0.56 per basic weighted average common share Paid dividend of $0.48 per common share for second quarter 2024 (1) WEST PALM BEACH, FL, August 7, 2024 (GLOBE NEWSWIRE) – AFC Gamma, Inc. (NASDAQ:AFCG) ("Advanced Flower Capital", "AFC" or the "Company") today announced its results for the second q ...

Index UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-39995 AFC GAMMA, INC. (Exact name of registrant as specified in its charter) Maryland 85-1807125 (State or other j ...