Newlake Capital Partners Inc.

NewLake Capital Partners reported Q2 earnings of $0.29 per share (expectation $0.28) and revenue of $12.1 million, a 6.2% decline year‑over‑year attributed to three vacant expansion facilities. The company raised the quarterly dividend to $0.43 (annual dividend $1.72; yield 10.81%) and reports $25.8 million in cash with only $7.6 million drawn on its credit facility. After quarter‑end, NewLake refinanced the revolving credit line on more favorable terms and extended the maturity to May 2029, lowering borrowing costs. Management cites regulatory progress and acquisition opportunities as potential drivers but warns of ongoing risks from vacancies and tenant credit quality. » More on de.investing.com

NewLake Capital Partners reported Q1 2026 revenue of $12.3 million, beating the consensus forecast of $11.58 million, while earnings per share of $0.28 narrowly missed the expectation of $0.285. The stock fell 0.76% to $14.50 after the release. The company reports strong liquidity of $107.2 million, zero debt and a dividend of $0.43 (90% of AFFO). NewLake sees a moderate stabilization of revenue and expects EPS to grow to around $0.30 in the coming quarters, but remains cautious about cannabis-sector challenges such as vacancies and regulatory risks. » More on de.investing.com

After Q4/2025 results, NewLake Capital Partners reported a solid balance with $435M of invested capital in 34 properties, an AFFO payout ratio of 85% and leverage below 0.2x. The company reported dividend growth of 79% since 2021, generates a weighted initial yield of 13.1% and sees a dividend yield of 10.9%. Despite a slight decline in revenue and AFFO, the stock fell after the results; risks remain vacancies, tenant concentration (Curaleaf 25.3%) and operational problems at operators. NewLake highlights regulatory catalysts such as a possible rescheduling of cannabis and the SAFE R Banking Act as drivers for future growth, but remains cautious on the near-term outlook. » More on de.investing.com