NewLake Capital Partners, Inc. (NLCP) Research

NewLake Capital Partners stands as a premier financier of real estate for businesses operating within the state-licensed cannabis sector. Established in 2019, this triple-net lease Real Estate Investment Trust (REIT) strategically secures commercial and retail assets. It accomplishes this through various avenues, including sale-leaseback arrangements, direct property acquisitions, and custom build-to-suit developments. NewLake's portfolio features properties leased to many of the most prominent players in the regulated U.S. cannabis market, positioning the company as an indispensable partner for their essential property requirements.

Market snapshot

Symbol
NLCP
Price
$15.49
Day change
+0.91%
Market cap
$318.8M
P/E ratio
12.40x
52-week range
12.09-16.75
Sector
Real Estate
Industry
REIT - Specialty
Next earnings
in 2 months
Analyst price target
$17.00

Peer companies

  • Agile Group Holdings Limited (AGPYY)
  • BTB Real Estate Investment Trust (BTBIF)
  • Dream Office Real Estate Investment Trust (DRETF)
  • Firm Capital Property Trust (FRMUF)
  • LSL Property Services plc (LSLPF)
  • Mediterranean Towers Ltd. (MDTWF)
  • Morguard Real Estate Investment Trust (MGRUF)
  • Nam Tai Property Inc. (NTPIF)

Recent insider activity

  • Carr Alan Jeffrey — A-Award (4035 shares) on 2026-06-04
  • Carr Alan Jeffrey — A-Award (482 shares) on 2026-06-04
  • Carr Alan Jeffrey — D-Return (482 shares) on 2026-06-04
  • JOHNSON JOYCE — A-Award (4035 shares) on 2026-06-04
  • JOHNSON JOYCE — A-Award (482 shares) on 2026-06-04

Open NewLake Capital Partners, Inc. (NLCP) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.