AFC GammaAFCG
Market Cap: $214M
About: AFC Gamma Inc is a commercial real estate finance company. The company originates, structures, underwrites, and manages senior secured loans and other types of loans for established cannabis industry operators in states that have legalized medicinal and/or adult-use cannabis.
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
1,173% more call options, than puts
Call options by funds: $2.52M | Put options by funds: $198K
40% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 20
2.03% less ownership
Funds ownership: 29.36% [Q1] → 27.33% (-2.03%) [Q2]
9% less capital invested
Capital invested by funds: $75.4M [Q1] → $68.4M (-$6.96M) [Q2]
12% less funds holding
Funds holding: 84 [Q1] → 74 (-10) [Q2]
56% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 18
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Jefferies John Hecht 64% 1-year accuracy 7 / 11 met price target | 26%upside $13 | Buy Maintained | 3 Sept 2024 |
Compass Point Merrill Ross 90% 1-year accuracy 9 / 10 met price target | 13%downside $9 | Neutral Upgraded | 16 Aug 2024 |
Financial journalist opinion
Based on 9 articles about AFCG published over the past 30 days