$ 12.91
Key Takeaways
Risk factor
Resilient to price shocks
Profitability factor
Undervalued vs peers
About
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...
Company Valuation
From both historical and forecast perspectives, the stock is underpriced compared to similar stocks. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITDA,
Target Price
The average target price of NLCP is 15 and suggests 16% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increase
