NewLake Capital Partners, Inc. (NLCP) stock
Close on Oct 19, 2026Market cap $279.09MP/E 12.5Yield 12.97%
NewLake Capital Partners, Inc. saw revenue fall 4.8% to $48.76M over the twelve months to Sep 30, 2026. Operating income fell 16.3% to $22.77M, moving the operating margin from 53.1% to 46.7%. At the latest close the market valued the company at $279.09M, 12.5 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $279.09M
- P/E ratio
- 12.5
- Price to sales
- 5.72
- Price to book
- 0.74
- Dividend yield
- 12.97%
- Free cash flow yield
- –
Fundamentals
- Revenue
- $48.76M
- Net income
- $21.88M
- EPS, diluted
- $1.06
- Book value per share
- $17.94
- Diluted shares
- 21M
Trading
- Next earnings
- Mar 4, 2027 (estimated, during market hours)
- Previous close
- $13.77
- Open
- $13.75
- Day's range
- $13.25 – $13.83
- Volume
- 133,305
- Average volume (20 days)
- 88,952
Market cap history
Month-end market cap since 2021, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Oct 19, 2026. The S&P 500 is measured by the SPY fund.
| Period | NLCP | S&P 500 | Difference | NLCP per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | -9.2% | +0.6% | −9.8 pts | ||
| 3 months | -11.0% | +3.4% | −14.3 pts | ||
| Year to date | -9.3% | +13.3% | −22.5 pts | ||
| 1 year | +15.0% | +16.6% | −1.6 pts | ||
| 3 years | +34.0% | +86.4% | −52.3 pts | +10.3% | +23.1% |
| 5 years | -27.7% | +81.9% | −109.6 pts | -6.3% | +12.7% |
Six years at a glance
Fiscal years 2020 to 2025 and trailing twelve months, USD
Revenue
Operating income
Net income
EPS, diluted
Press releases
Releases NewLake Capital Partners filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Results
- Results
- Update
- Results
About NewLake Capital Partners
Real Estate Investment Trusts
NewLake Capital Partners, Inc. operates as an internally managed real estate investment trust that provides real estate capital to state-licensed cannabis operators. The company supplies capital through sale-leaseback transactions, third-party acquisitions, and funding for build-to-suit projects. Its real estate assets are leased to single tenants under long-term, triple-net lease agreements, obligating occupants to handle ongoing property expenses alongside rent obligations. The company's customer base consists of commercial entities that cultivate, produce, or dispense medical-use and adult-use cannabis in state-regulated markets.
Company profile, executives and historyNewLake Capital Partners stock: common questions
What is NewLake Capital Partners's stock price?
NLCP closed at $13.26 on Oct 19, 2026, down 3.70% on the day.
What is NewLake Capital Partners's market cap?
NewLake Capital Partners was worth $279.09M at the close on Oct 19, 2026: the share price times the diluted shares outstanding.
What is NLCP's P/E ratio?
NLCP trades at 12.5 times earnings, based on diluted earnings per share of $1.06 over the twelve months to Sep 30, 2026.
How much revenue does NewLake Capital Partners make?
NewLake Capital Partners reported revenue of $48.76M for the twelve months to Sep 30, 2026, down 4.8% from a year earlier.
Does NewLake Capital Partners pay a dividend?
Yes. NewLake Capital Partners paid $1.72 per share over the last twelve months, a yield of 12.97% at the latest price, and has raised its annual dividend 2 years in a row.
When does NewLake Capital Partners report earnings next?
NewLake Capital Partners is expected to report Q4 FY2026 results on Mar 4, 2027, during market hours. The date is estimated from its past reporting pattern until the company confirms it.
How has NLCP stock performed over the past year?
Including dividends, NLCP returned +15.0% over the past year, against +16.6% for the S&P 500.
Who are NewLake Capital Partners's competitors?
Companies most similar to NewLake Capital Partners by business, industry and size include NLOP, FPI, FVR, TCI, SITC.
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