AFC Gamma

AFC Gamma, Inc. provides commercial real estate finance services. It primarily engages in originating, structuring, underwriting and managing senior secured loans and other types of loans for established companies operating in the cannabis industry in states. The company was founded by Leonard Mark Tannenbaum on July 6, 2020 and is headquartered in West Palm Beach, FL.

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AFC Gamma reports solid Q4 earnings, diversifies into real estate

AFC Gamma delivered strong financial performance in Q4 2022, maintaining a robust balance sheet and prudent dividend policy.
The company's strategic shift towards non-cannabis commercial real estate financing signals a proactive approach to diversification and growth.
While facing challenges in finding suitable cannabis investments and credit risks, AFC Gamma's focus on balanced asset allocation and high yields presents opportunities for sustained success.
Investors should monitor AFC Gamma's progress in executing its new investment strategy and achieving the envisioned balance between cannabis and non-cannabis assets.

AFC Gamma reports solid Q1 earnings amidst cannabis market growth

AFC Gamma's Q1 2023 performance showcased strong distributable earnings, a conservative capital strategy, and positive market trends in key states. The company's focus on diversified revenue streams, strong balance sheet, and commitment to shareholder returns position it well for future growth. While facing industry challenges and economic uncertainties, AFC Gamma has opportunities to capitalize on market trends and expand its market presence.

AFC Gamma reports strong Q2 earnings, eyes noncannabis real estate lending

AFC Gamma delivered solid financial results, maintained a strong balance sheet, and demonstrated prudent capital deployment. Challenges with certain borrowers highlight the importance of active portfolio management and diversification. The company's focus on noncannabis real estate lending presents a promising avenue for growth.

AFC Gamma appoints new CEO, reports strong Q3 earnings

AFC Gamma's Q3 performance reflects solid distributable earnings, strategic investments in the cannabis sector, and a robust balance sheet.
The company's strengths include consistent dividend payouts, focus on quality operators, and successful CEO transition.
Challenges include market dynamics and regulatory uncertainties, while opportunities exist in leveraging the strong balance sheet and exploring growth avenues.
Overall, AFC Gamma's earnings call highlights a mix of performance, strengths, challenges, and opportunities in the evolving cannabis industry.

AFC Gamma reports strong Q4 earnings, eyes cannabis industry growth

AFC Gamma delivered strong financial performance in Q4 2023, driven by robust net interest income and distributable earnings, supported by a solid portfolio and strategic initiatives.
While facing challenges in the cannabis lending sector and asset optimization, AFC's strengths lie in its diversified loan portfolio, strategic agility, and strong balance sheet.
Opportunities exist for AFC to capitalize on the cannabis industry growth, optimize assets, and enhance risk management practices to drive sustainable long-term value creation.
Investors should note AFC's performance, strengths, challenges, and opportunities to assess the company's position in the market and potential for future growth and returns.

AFC Gamma reports robust Q1 earnings, eyes cannabis industry growth

AFC Gamma's Q1 2024 Earnings Call highlighted strong financial performance, operational efficiency, and strategic growth initiatives. While facing challenges like GAAP net loss and regulatory uncertainties, the company is well-positioned to capitalize on growth opportunities in the cannabis and real estate sectors.

AFC Gamma reports robust Q2 earnings amidst cannabis market optimism

AFC Gamma (AFCG) delivered strong financial results in Q2 2024, driven by robust performance in cannabis lending and strategic portfolio management.
While facing challenges in a dynamic industry landscape, AFC's focus on high yields and prudent risk management remains key to sustained success.
Opportunities for growth lie in market expansions and industry trends, positioning AFC to capitalize on the evolving cannabis market.

AFC Gamma exceeds origination targets, navigates cannabis sector challenges

AFC Gamma's strong performance, proactive capital raising, and focus on high-yield opportunities position them well in the market.
Challenges include potential regulatory hurdles and credit risk concerns, but opportunities exist in the evolving cannabis sector landscape.
Investors received a dividend of $0.33 per common share, reflecting AFC's commitment to shareholder value and financial stability.
Overall, AFC's strategic moves and financial results in Q3 2024 indicate a resilient and growth-oriented approach to the market.

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Advanced Flower Capital, Inc. provides commercial real estate finance services. It primarily engages in originating, structuring, underwriting and managing senior secured loans and other types of loans for established companies operating in the cannabis industry in states. The company was founded by Leonard Mark Tannenbaum on July 6, 2020 and is headquartered in West Palm Beach, FL.

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.

Advanced Flower Capital Inc. (AFCG) Q3 2024 Earnings Call Transcript

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.

AFC Gamma Inc. (AFCG) Q3 Earnings Beat Estimates

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

Advanced Flower Capital Inc. Announces Financial Results for Third Quarter 2024

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.

AFC Gamma Inc. (AFCG) Expected to Beat Earnings Estimates: Should You Buy?

Innovative Industrial Properties

NewLake Capital Partners, Inc.

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.

High-Yield Cannabis REITs for November: Top Picks for Dividend Investors

Ellington Financial

Enbridge

Kinder Morgan

Medical Properties Trust

Realty Income Corp

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.

You Could Retire Rich on These 6 High-Yield Dividends

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.

Top Cannabis REITs to Watch in October 2024 for Strong Returns

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing AFC Gamma (AFCG) Right Now?

The US cannabis industry is growing rapidly, with sales projected to reach $46 billion by 2025. This growth opens opportunities for ancillary marijuana stocks, especially real estate investment trusts (REITs) that support cannabis companies. Cannabis REITs, like Innovative Industrial Properties (IIPR), offer high dividend yields, making them attractive to income-focused investors. News about potential federal legalization has recently stirred the market, with bipartisan efforts gaining momentum. As more states continue to legalize cannabis, ancillary stocks are positioned to benefit from increased demand for properties, lending, and services.

October Watchlist: Cannabis REITs with High Dividend Yields

Chicago Atlantic Real Estate Finance

Ancillary cannabis stocks, particularly Cannabis REITs, are gaining attention due to their potential for steady dividends. Cannabis REITs invest in real estate properties leased to cannabis operators. This provides a unique opportunity for investors to earn income. The US cannabis industry is projected to grow at a compound annual growth rate (CAGR) of over 20% through 2030. This growth is driven by increasing legalization and market expansion. Recent headlines have focused on potential federal legalization, which could significantly boost the industry. As the market evolves, ancillary stocks like REITs are positioned to benefit from the industry's expansion.

Maximizing Returns: The Top Cannabis REITs for Long-Term Investment Strategies

Should Value Investors Buy AFC Gamma (AFCG) Stock?

WEST PALM BEACH, Fla., Sept. 13, 2024 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (Nasdaq:AFCG) (“AFC”) today announced its dividend for the quarter ending September 30, 2024.

AFC Gamma Announces First Post-Spin Dividend for the Third Quarter 2024

The US cannabis industry continues to grow, reaching $32 billion in annual sales in 2023. Experts predict this number will exceed $50 billion by 2028 as more states legalize cannabis. This rapid growth provides ample opportunities for cannabis REITs, which lease properties to licensed operators. Recent headlines, such as Congress debating federal legalization, add further momentum to the market. As legalization efforts progress, REITs are expected to see increased demand for cultivation and retail spaces. Investors looking for steady returns should closely watch the top-performing REITs.

September 2024 Watchlist: Leading Cannabis REITs for Investment

AFC Gamma's Q2 distributable EPS rose to $0.56, enough to maintain the $0.48 dividend. The spinoff of the distressed CRE portfolio to Sunrise Realty Trust simplifies AFCG's focus on the cannabis industry, but book value and dividend yield are impacted. AFCG's new loan deals and opportunities to fund M&A by operators show potential, but meaningful growth of distributable EPS isn't yet clear for this mREIT.

AFC Gamma: Spinoff Successful But Smoke Still Clearing

The consensus price target hints at a 45.2% upside potential for AFC Gamma (AFCG). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Believe AFC Gamma (AFCG) Could Rally 45.24%: Here's is How to Trade

WEST PALM BEACH, Fla., Aug. 19, 2024 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (Nasdaq:AFCG) (“Advanced Flower Capital” or “AFC”) today announced it has closed a new senior secured credit facility for Private Company Q and expanded its existing senior secured credit facilities for BeLeaf Medical, LLC (“BeLeaf”) and Sunburn Cannabis (“Sunburn”) . These transactions underscore Advanced Flower Capital's commitment to supporting the growth of its borrowers by providing timely, flexible and tailored financing solutions.

AFC Gamma Provides a New Senior Secured Credit Facility to Private Company Q and Expands Existing Senior Secured Credit Facilities for BeLeaf Medical and Sunburn Cannabis

As the U.S. cannabis industry continues its rapid expansion, cannabis-focused REITs (Real Estate Investment Trusts) are becoming essential investment vehicles. The industry is projected to grow significantly, with sales expected to reach $41 billion by 2025. This growth is driven by increasing state-level legalization and a rising number of cannabis operators. Recently, headlines have speculated about potential federal legalization, which could further accelerate the industry's expansion. Investors are now keenly watching cannabis REITs, which provide the critical real estate infrastructure needed for cultivation, processing, and retail operations. These REITs offer a unique opportunity to capitalize on the industry's growth while managing risk through diversified portfolios. Furthermore, many cannabis REITs pay attractive dividends, adding a steady income stream to their growth potential.

Top Cannabis REITs to Watch in Mid-August: Maximizing Growth and Dividends

The average of price targets set by Wall Street analysts indicates a potential upside of 56.7% in AFC Gamma (AFCG). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Does AFC Gamma (AFCG) Have the Potential to Rally 56.74% as Wall Street Analysts Expect?

The cannabis industry continues to show why it is one of the fastest-growing sectors. As more people become comfortable with legal cannabis so is the idea of investing. For a long while people were scared to invest in cannabis. Currently, cannabis is still illegal however over half of the USA and several global regions have thriving marijuana businesses. From this people have been lowering their guard and taking more chances and ways to invest.

3 Marijuana Stocks For Investors To Watch In 2024

AFC Gamma, Inc. (NASDAQ:AFCG ) Q2 2024 Earnings Conference Call August 7, 2024 10:00 AM ET Company Participants Gabriel Katz – Chief Legal Officer Daniel Neville – Chief Executive Officer Robyn Tannenbaum – President Brandon Hetzel – Chief Financial Officer Conference Call Participants Pablo Zuanic – Zuanic & Associates Operator Good morning, and welcome to Advanced Flower Capital's Second Quarter 2024 Earnings Call. At this time all participants are in a listen-only mode.

AFC Gamma, Inc. (AFCG) Q2 2024 Earnings Call Transcript

AFC Gamma Inc. (AFCG) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.50 per share. This compares to earnings of $0.49 per share a year ago.

AFC Gamma Inc. (AFCG) Q2 Earnings and Revenues Surpass Estimates

AFC Gamma (AFCG) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

AFC Gamma (AFCG) Soars 5.4%: Is Further Upside Left in the Stock?

WEST PALM BEACH, Fla., July 15, 2024 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (Nasdaq: AFCG) (“Advanced Flower Capital” or “AFC”) today announced that it plans to report earnings for the quarter ended June 30, 2024 on Wednesday, August 7, 2024.

AFC Gamma, Inc. Schedules Second Quarter 2024 Earnings Conference Call for August 7, 2024

Marijuana stocks are showing another drop in trading but this could be time to take advantage. The current state of the cannabis industry is in a progressive place. With more support for reform and better regulations, more people want to invest. More companies are working to build bridges through strategic partnerships to meet consumer demand.

3 Marijuana Stocks For Investors To Know About This Month

Curaleaf Holdings, Inc.

Green Thumb Industries Inc.

The cannabis industry has been attracting considerable interest lately, thanks to several regulatory developments in various regions around the globe. Countries like Germany and Canada have legalized cannabis use and sale, and most recently, the United States government announced plans to reclassify the plant from a Schedule I to a Schedule III drug.

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