NLCP · NewLake Capital Partners, Inc.
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Aug 6, 2026TL;DR. NewLake reported Q2 results largely flat year-over-year with revenue down 6.5% to $12.1M and AFFO down 10.4% to $10.3M due to vacant cultivation properties, while extending its credit facility to 2029 at lower rates and closing a $2.1M Kentucky dispensary acquisition.
- + Extended and repriced $90M revolving credit facility, lowering the rate by 100 bps and pushing maturity to May 2029.
- + Closed a $2.1M Kentucky dispensary acquisition leased to C3 Industries, expanding into a new state.
- + Negotiated an additional Canopy USA parent guarantee on the Acreage lease.
- + Collected 100% of contractual rent during Q2, with Cannabist current through August.
- − Q2 revenue fell 6.5% YoY to $12.1M, driven by three vacant cultivation properties.
- − Tenant Cannabist remains in Canadian CCAA/Chapter 15 restructuring, creating uncertainty over four leased properties.
- − Three cultivation properties (Massachusetts, Pennsylvania, Nevada) remain vacant with no lease agreements signed.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Technicals
trend & momentum for long-term holders NeutralIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.
Versus peers
REIT - Specialty — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
NLCP
this stock
NewLake Capital Partners, Inc.
|
$311.39M | -5.0% | +1.9% | 12.7 | 0.1% |
|
EQIX
Equinix Inc
|
$102.39B | +35.4% | +7.8% | 66.8 | 1.7% |
|
AMT
American Tower Corp /Ma/
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$82.87B | +1.3% | +5.1% | 24.4 | 1.3% |
|
DLR
Digital Realty Trust, Inc.
|
$66.27B | +21.9% | +10.0% | 49.6 | 2.4% |
|
IRM
Iron Mountain Inc
|
$34.29B | +38.9% | +8.3% | 81.7 | 2.2% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| NLCP | -3.2% | -4.2% | -0.7% | -2.5% | -5.0% |
| SPY | -1.2% | -1.8% | +17.8% | -0.4% | +12.1% |
| vs SPY | -2.1% | -2.5% | -18.6% | -2.1% | -17.1% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.