Advanced Flower Capital Q2 net investment income falls from prior quarter

Advanced Flower Capital

13/08/2026 12:46

Overview
US business development company's Q2 total investment income fell from prior qtr
Net investment income was $3.5 mln, or $0.15 per share, down from previous qtr
Company repurchased 839,406 shares, generating $0.17 per share of NAV accretion

Outlook
Company did not provide specific financial guidance or outlook for future periods

Result Drivers
SHARE REPURCHASE IMPACT - Co said repurchasing shares at a discount to NAV generated $0.17 per share of NAV accretion
SELECTIVE INVESTMENT ACTIVITY - Co said it remained selective in the lower middle-market and prioritized credit quality and risk-adjusted returns

Company press release: ID:nGNX5bpqRK

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Net Income
 
$3.5 mln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the specialized reits peer group is "buy."
Wall Street's median 12-month price target for Advanced Flower Capital Inc is $6.25, about 121.6% above its August 12 closing price of $2.82
The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 5 three months ago

Reuters Recommended Reads
Aug 13 - Chicago Atlantic BDC Q2 income falls sequentially on repayments
Aug 10 - Stellus Capital's Q2 net investment income per share falls
Aug 10 - WhiteHorse Finance Q2 NAV per share rises on portfolio markups

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)