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NEWLAKE CAP PARTNERS INC - $NLCP STOCK NEWS

Welcome to our dedicated page for NEWLAKE CAP PARTNERS news (Ticker: $NLCP), a resource for investors and traders seeking the latest updates and insights on NEWLAKE CAP PARTNERS stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect NEWLAKE CAP PARTNERS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of NEWLAKE CAP PARTNERS's position in the market.

Rhea-AI Summary
NewLake Capital Partners, Inc. (NLCP) to have CEO Anthony Coniglio participate in a fireside chat with Pablo Zuanic, Senior Equity Analyst and Managing Partner at Zuanic and Associates.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.42%
Tags
conferences
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Rhea-AI Summary
NewLake Capital Partners, Inc. (NLCP) announces the sale of Calypso Enterprises, a tenant, to Canvas Acquisition Corporation, LLC. NewLake will provide $3 million in tenant improvements and a six-month rent escrow under the revised lease agreement. Canvas has the option to purchase the property at NewLake’s cost basis from December 2024 through December 2025. The sale demonstrates the quality of the facility and business opportunity in limited license states, particularly Pennsylvania. Canvas's financial profile as the new lease guarantor is improved from HDAI.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.65%
Tags
none
-
Rhea-AI Summary
NLCP: NewLake Capital Partners, Inc. Announces $11.5M Revenue in Q3 2023, $6.0M Net Income, and $10.1M Adjusted Funds from Operations. The company repurchased 608,152 shares of common stock and maintained a $0.39 per share quarterly dividend.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.47%
Tags
Rhea-AI Summary
NewLake Capital Partners, Inc. announced a lease amendment and forbearance agreement with Revolutionary Clinics. The agreement includes the recovery of unpaid rent, a five-year lease term extension, reduced rental payments, and equity in Rev Clinics. Future rental payments may increase based on financial metrics.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.67%
Tags
none
-
Rhea-AI Summary
NewLake Capital Partners, Inc. CEO, Anthony Coniglio, will participate in a virtual panel on 'Lending in the Cannabis Sector' hosted by Zuanic and Associates on October 26, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.97%
Tags
conferences
-
Rhea-AI Summary
NewLake Capital Partners to host conference call and report Q3 2023 financial results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.81%
Tags
conferences earnings
Rhea-AI Summary
NewLake Capital Partners, Inc. to attend Benzinga Cannabis Capital Conference in Chicago.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.36%
Tags
conferences
-
Rhea-AI Summary
NewLake Capital Partners, Inc. announces upsizing of share repurchase program
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.28%
Tags
buyback
-
Rhea-AI Summary
NewLake Capital Partners declares Q3 2023 cash dividend of $0.39 per share, equivalent to $1.56 annually.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.28%
Tags
dividends earnings
Rhea-AI Summary
NewLake Capital Partners, Inc. announced its financial results for Q2 2023. Revenue totaled $11.4 million, an increase of 8.2% YoY. Net income attributable to common stockholders was $5.8 million. Funds from Operations (FFO) totaled $9.5 million, and Adjusted Funds from Operations (AFFO) totaled $9.9 million. The company repurchased 56,372 shares of common stock. Q2 2023 conference call and webcast scheduled for August 10, 2023, at 11 a.m. Eastern Time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.74%
Tags
NEWLAKE CAP PARTNERS INC

OTC:NLCP

NLCP Rankings

NLCP Stock Data

387.00M
16.23M
18.36%
19.1%
Lessors of Residential Buildings and Dwellings
Real Estate and Rental and Leasing
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United States of America
New York