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Welcome to 2 Minute Analysis. Our goal is to not only entertain, but provide value and insights about the investments you care about. Today’s episode is from this request. So, let’s throw 2 minutes on the clock and dive-in.
Today, we are looking at NewLake Capital Partners, ticker symbol NLCP. Kicking things off here with the Quant rating system, Strong Buy rating for this REIT here on Seeking Alpha, and we’ll dive into some of the metrics here in just a moment.
Jumping over to the Seeking Alpha Analysts here who also have a Strong Buy in aggregate on this REIT. And that’s from five analysts in the last 90-days providing coverage. And lastly, Wall Street is a Strong Buy rating on this REIT as well. And that’s from two analysts providing coverage in the last 90-days. To learn more about how the Seeking Alpha Quant system and Seeking Alpha Analysts outperform the market, visit the link in the description of this video.
So, let’s dive deeper. This is a $314.91 million market capitalization company found within the real estate sector and the industrial REITs industry. Diving into the Valuation grade here is an A+ grade and two notable metrics stick out. First, the price to AFFO is 7.24 compared to 15.46. And the total debt-to-equity is 1.93%, compared to the sector at 95.61%.
The Growth grade is currently B and two things stick out here as well. For one, the AFFO growth year-over-year is 10.05%, compared to the sector at 3.28%. And the revenue growth five year historical CAGR is 112.17%, compared to the sector at 7.83%.
The Profitability grade is currently an A+. AFFO divided by total revenue is 86.30%, compared to the sector at 40.87%. And the net income to total debt is 343.47%, compared to the sector at just 6.48% there.
Checking in, Momentum is currently a B+ grade. That’s one year price performance of negative 7.24%, compared to the sector, which is only about down negative 3%. However, three month price performance has this REIT up 17.75%, while the sector is only up 2.17%.
Lastly, Revisions here is an A+ grade. That’s two up revisions and zero down revisions for EPS over the last three months and two up revisions and zero down revisions for revenue over the last three months.
Now, with this being a REIT, it does have a nice dividend yield that is 11.42% with a payout ratio of 84.31%. Safety grade here is an A+. The dividend growth grade is a C-. Dividend yield is an A+ and the dividend consistency is a C. We click on that here. That’s four years of growth and consecutive years of dividend payments. And if we look at the yield compared to the sector, dividend yield of 11.42% is definitely outperforming the sector at just 4.82%.
Now, I highly encourage everybody to come follow NLCP here on Seeking Alpha, as well as explore any other REIT that you may be interested in and utilize our proprietary REIT grades here on Seeking Alpha. And that’s going to follow it up for this episode. If you have a ticker you want us to cover, add it to the comment section below, and don’t forget to follow Seeking Alpha so you get notified when the next 2 Minute Analysis gets published.
Past performance is no guarantee of future results. Content provided for informational purposes only. Seeking Alpha does not offer any personalized investment advice and is not a licensed securities dealer, broker, US investment adviser, or investment bank.
Follow NewLake Capital Partners on Seeking Alpha!
