Removes estimate and 'beat' designation for Q4 Adjusted FFO in Key Details
Overview
Cannabis real estate capital provider's Q4 revenue beat analyst expectations despite slight decline
Outlook
Company declares first-quarter 2026 dividend of $0.43 per share on March 4
Result Drivers
VACANCIES IMPACT - Revenue decline in Q4 due to vacancies at properties previously leased to AYR Wellness and Revolutionary Clinics
ACQUISITIONS AND RENT ESCALATIONS - Full-year revenue growth driven by acquisitions, rent escalations, and income from 2024 property acquisitions
Company press release: ID:nGNX3sZ3bZ
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$12.3 mln
$12.13 mln (3 Analysts)
Q4 Adjusted FFO
$10.6 mln
Q4 FFO
$10 mln
Q4 Dividend
$0.43
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the real estate rental, development & operations peer group is "buy"
Wall Street's median 12-month price target for Newlake Capital Partners Inc is $15.50, about 3% below its March 4 closing price of $15.98
The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 11 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(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.)
