NewLake Capital Partners (undefined:NLCP): A Cannabis REIT With An 11% Yield

Core Viewpoint - NewLake Capital Partners (NLCP) is rated as a Strong Buy by both the Seeking Alpha Quant rating system and analysts, indicating strong market confidence in the REIT's performance [2][3]. Company Overview - NewLake Capital Partners has a market capitalization of $314.91 million and operates within the real estate sector, specifically in the industrial REITs industry [4]. Valuation Metrics - The company has an A+ valuation grade, with a price to AFFO ratio of 7.24, significantly lower than the sector average of 15.46. The total debt-to-equity ratio stands at 1.93%, compared to the sector average of 95.61% [4]. Growth Metrics - The Growth grade is B, with an AFFO growth year-over-year of 10.05%, outperforming the sector's 3.28%. The five-year historical CAGR for revenue growth is 112.17%, compared to the sector's 7.83% [5]. Profitability Metrics - The company holds an A+ profitability grade, with an AFFO to total revenue ratio of 86.30%, compared to the sector's 40.87%. The net income to total debt ratio is 343.47%, significantly higher than the sector's 6.48% [5]. Momentum Metrics - The Momentum grade is B+, with a one-year price performance of -7.24%, while the sector is down only -3%. However, over the last three months, NLCP's price performance has increased by 17.75%, compared to the sector's 2.17% [6]. Revisions Metrics - The company has an A+ revisions grade, with two up revisions and zero down revisions for EPS and revenue over the last three months [6]. Dividend Information - NLCP offers a dividend yield of 11.42% with a payout ratio of 84.31%. The safety grade for dividends is A+, while the dividend growth grade is C-. The company has maintained four consecutive years of dividend payments, outperforming the sector's average yield of 4.82% [7].