AFCG
AFC GammaAFCG
AFCG
About: Advanced Flower Capital Inc is a commercial mortgage REIT that provides institutional loans to state-law-compliant cannabis operators in the U.S. Through the management team's deep network and significant credit and cannabis expertise, AFC originates, structures and underwrites loans ranging from $10 million to over $100 million, typically secured by quality real estate assets, license value and cash flows.
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
138% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 8
94% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 16
15% more funds holding
Funds holding: 75 [Q2] → 86 (+11) [Q3]
2.02% more ownership
Funds ownership: 27.6% [Q2] → 29.62% (+2.02%) [Q3]
9% less capital invested
Capital invested by funds: $69.1M [Q2] → $62.6M (-$6.48M) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$13
45%
upside
Avg. target
$13
45%
upside
High target
$13
45%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Alliance Global Partners Aaron Grey 25% 1-year accuracy 1 / 4 met price target | 45%upside $13 | Buy Initiated | 17 Dec 2024 |
Seaport Global Sonny Randhawa 0% 1-year accuracy 0 / 2 met price target | 45%upside $13 | Buy Initiated | 9 Oct 2024 |
Financial journalist opinion
Based on 3 articles about AFCG published over the past 30 days
Neutral
GlobeNewsWire
1 week ago
Advanced Flower Capital Inc. Announces Dividend for the Fourth Quarter 2024
WEST PALM BEACH, Fla., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Advanced Flower Capital Inc. (f/k/a AFC Gamma, Inc.) (Nasdaq:AFCG) (“AFC”) today announced its dividend for the quarter ending December 31, 2024.
Neutral
Zacks Investment Research
3 weeks ago
Is the Options Market Predicting a Spike in AFC Gamma (AFCG) Stock?
Investors need to pay close attention to AFC Gamma (AFCG) stock based on the movements in the options market lately.
Positive
Seeking Alpha
3 weeks ago
Advanced Flower Capital: Get Paid 13.7% Per Year As The Cannabis Market Grows
Advanced Flower Capital offers a 13.7% dividend yield, which is covered by its distributable earnings per share. AFCG's cautious underwriting and strategic equity raises ensure resilience and capitalize on current market opportunities, despite potential regulatory changes. AFCG stock's valuation remains attractive with a price/book ratio near 1.0x and a 13.7% yield, though short-term downside risk exists based on my technical analysis.
Neutral
Seeking Alpha
1 month ago
Advanced Flower Capital Inc. (AFCG) Q3 2024 Earnings Call Transcript
Advanced Flower Capital Inc. (NASDAQ:AFCG ) Q3 2024 Earnings Conference Call November 13, 2024 10:00 AM ET Company Participants Gabriel Katz - Chief Legal Officer Robyn Tannenbaum - President & Chief Investment Officer Daniel Neville - Chief Executive Officer Brandon Hetzel - Chief Financial Officer Conference Call Participants Pablo Zuanic - Zuanic & Associates Operator Good morning, and welcome to Advanced Flower Capital's Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.
Positive
Zacks Investment Research
1 month ago
AFC Gamma Inc. (AFCG) Q3 Earnings Beat Estimates
AFC Gamma Inc. (AFCG) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.49 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
Advanced Flower Capital Inc. Announces Financial Results for Third Quarter 2024
Third quarter 2024 GAAP net inc ome of $1.4 million or $0.06 per basic weighted average common share and Distributable Earnings ( 1 ) of $7.2 million or $0.35 per basi c weighted average common share
Positive
Zacks Investment Research
1 month ago
AFC Gamma Inc. (AFCG) Expected to Beat Earnings Estimates: Should You Buy?
AFC Gamma (AFCG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Positive
MarijuanaStocks
1 month ago
High-Yield Cannabis REITs for November: Top Picks for Dividend Investors
The cannabis industry in the US is on the rise, with legalization efforts moving forward and supporting sector growth. This week, top cannabis REIT stocks, such as Innovative Industrial Properties, AFC Gamma, and NewLake Capital Partners, are in focus as they offer financial support through real estate. Current policies on state ballots could further influence the cannabis market, as several states are voting on legalization measures. These outcomes could impact cannabis stocks significantly, offering opportunities for growth if more states legalize cannabis use. The industry's revenue could reach $50 billion by 2025, making it an attractive sector for investors.
Positive
24/7 Wall Street
1 month ago
You Could Retire Rich on These 6 High-Yield Dividends
One of the best ways to retire rich is by investing in dividend stocks. To do so, you need to aggressively invest in high-yielding stocks and reinvest the dividends continuously until you consider retirement.
Positive
MarijuanaStocks
2 months ago
Top Cannabis REITs to Watch in October 2024 for Strong Returns
The cannabis industry in the US continues to experience rapid growth, with an estimated market size of $32 billion in 2024. This expansion is fueled by increasing state-level legalization and a growing consumer base. Cannabis REITs are emerging as key players, providing real estate and capital to cannabis operators. These REITs offer attractive dividend yields, often exceeding 7%, making them appealing to income-focused investors. Recently, headlines about potential federal legalization have sparked renewed interest in the sector. Investors are keen on capturing both short-term gains and long-term growth opportunities.
Charts implemented using Lightweight Charts™