AFC Gamma (AFCG)

• Market cap: $189M
• 1 day: 2.13%
• 5 days: 5.64%
• 1 month: -6.61%
• 3 months: -17.59%
• 6 months: -11.77%
• Year to date: 1.41%
• 1 year: -26.39%
• 5 years: -62.52%
• 10 years: -62.52%
• Sector: Real Estate
• Industry: Real Estate

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.

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

171% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 7

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: 27.64% [Q2] → 29.66% (+2.02%) [Q3]

9% less capital invested

Capital invested by funds: $69.2M [Q2] → $62.7M (-$6.49M) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $13 51% upside
• Avg. target: $13 51% upside
• High target: $13 51% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Alliance Global Partners Aaron Grey 40% 1-year accuracy 2 / 5 met price target

51% upside $13

Buy Initiated

17 Dec 2024