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NewLake Capital Partners (NewLake Capital Partners) Market Cap : $413.69 Mil (As of May. 24, 2024)


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What is NewLake Capital Partners Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). NewLake Capital Partners's share price for the quarter that ended in Mar. 2024 was $19.05. NewLake Capital Partners's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 20.51 Mil. Therefore, NewLake Capital Partners's market cap for the quarter that ended in Mar. 2024 was $390.71 Mil.

NewLake Capital Partners's quarterly market cap increased from Sep. 2023 ($281.86 Mil) to Dec. 2023 ($328.26 Mil) and increased from Dec. 2023 ($328.26 Mil) to Mar. 2024 ($390.71 Mil).

NewLake Capital Partners's annual market cap declined from Dec. 2021 ($609.05 Mil) to Dec. 2022 ($342.96 Mil) and declined from Dec. 2022 ($342.96 Mil) to Dec. 2023 ($328.26 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. NewLake Capital Partners's Enterprise Value for Today is $393.47 Mil.


NewLake Capital Partners Market Cap Historical Data

The historical data trend for NewLake Capital Partners's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NewLake Capital Partners Market Cap Chart

NewLake Capital Partners Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Market Cap
- 609.05 342.96 328.26

NewLake Capital Partners Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 263.78 293.97 281.86 328.26 390.71

Competitive Comparison of NewLake Capital Partners's Market Cap

For the REIT - Specialty subindustry, NewLake Capital Partners's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NewLake Capital Partners's Market Cap Distribution in the REITs Industry

For the REITs industry and Real Estate sector, NewLake Capital Partners's Market Cap distribution charts can be found below:

* The bar in red indicates where NewLake Capital Partners's Market Cap falls into.



NewLake Capital Partners Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

NewLake Capital Partners's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$16.01*20.5035
=$328.26

NewLake Capital Partners's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=$19.05*20.5099
=$390.71

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NewLake Capital Partners  (OTCPK:NLCP) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


NewLake Capital Partners Market Cap Related Terms

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NewLake Capital Partners (NewLake Capital Partners) Business Description

Traded in Other Exchanges
N/A
Address
50 Locust Avenue, First Floor, New Canaan, CT, USA, 06840
NewLake Capital Partners Inc is an internally-managed real estate investment trust that provides real estate capital to state-licensed cannabis operators through sale-leaseback transactions, third-party purchases, and funding for build-to-suit projects.
Executives
David L. Weinstein director, officer: Chief Executive Officer 62 BEACH STREET, APT. 5F, NEW YORK NY 10013
Peter A. Kadens director C/O KUSHCO HOLDINGS, INC., 6261 KATELLA AVE STE 250, CYPRESS CA 90630
Peter Wiser Martay director C/O NEWLAKE CAPITAL PARTNERS, INC., 300 575 LEXINGTON AVENUE, 14TH FLOOR, NEW YORK NY 10022
Lisa Meyer officer: CFO, Treasurer and Secretary C/O NORTHSTAR REALTY FINANCE CORP., 399 PARK AVENUE, 18TH FLOOR, NEW YORK NY 10022
Anthony Coniglio director, officer: See Remarks 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Gordon F Dugan director 50 ROCKEFELLER PLZ, 2ND FLOOR, NEW YORK NY 10020
Fredric S. Starker officer: See Remarks 52 VANDERBILT AVENUE, SUITE 403, NEW YORK NY 10017
Alan Jeffrey Carr director 8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Joyce Johnson director 8251 S LUELLA AVENUE, CHICAGO IL 60617