AFC Gamma (AFCG) Soars 5.4%: Is Further Upside Left in the Stock?

Group 1 - AFC Gamma Inc. (AFCG) shares increased by 5.4% to $9.51 in the last trading session, following a significant volume of shares traded, contrasting with a 28.1% loss over the past four weeks [1] - The stock's rally was driven by positive sentiment regarding the recent spin-off of its commercial real estate portfolio into an independent company, Sunrise Realty Trust, Inc. (SUNS), allowing both companies to focus on their respective markets [1] - The spin-off is expected to enhance investor confidence by enabling each company to concentrate on its specialized portfolio and adjust business strategies accordingly [1] Group 2 - AFC Gamma is projected to report quarterly earnings of $0.50 per share, reflecting a year-over-year increase of 2%, while revenues are anticipated to decline by 6.8% to $16.48 million [2] - The consensus EPS estimate for AFC Gamma has remained stable over the past 30 days, indicating that stock price movements may not sustain without changes in earnings estimate revisions [2] - The stock currently holds a Zacks Rank of 3 (Hold), indicating a neutral outlook within the REIT and Equity Trust industry [3] Group 3 - AGNC Investment, another company in the same industry, saw a 1.4% increase in its stock price, closing at $10.51, with a month-to-date return of 6.6% [3] - AGNC's consensus EPS estimate has also remained unchanged at $0.53, representing a year-over-year decrease of 20.9%, and it holds a Zacks Rank of 3 (Hold) [3]