NASDAQ:AFCG AFC Gamma (AFCG) Stock Price, News & Analysis → The ONE AI Stock to own now. (It’s not Nvidia.) (From Weiss Ratings) (Ad) Free AFCG Stock Alerts $12.24 -0.06 (-0.49%) (As of 05/17/2024 ET) Add Compare Share Share Today's Range$12.22▼$12.4850-Day Range$11.35▼$13.1152-Week Range$10.41▼$14.60Volume157,764 shsAverage Volume116,843 shsMarket Capitalization$253.00 millionP/E Ratio23.54Dividend Yield15.69%Price TargetN/A Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get AFC Gamma alerts: Email Address AFC Gamma MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy3.52% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.67Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth3.63%From $1.93 to $2.00 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.15 out of 5 starsFinance Sector780th out of 874 stocksReal Estate Industry22nd out of 25 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for AFC Gamma.Read more about AFC Gamma's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.52% of the float of AFC Gamma has been sold short.Short Interest Ratio / Days to CoverAFC Gamma has a short interest ratio ("days to cover") of 4.9.Change versus previous monthShort interest in AFC Gamma has recently decreased by 5.48%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipAFC Gamma is a leading dividend payer. It pays a dividend yield of 15.65%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAFC Gamma does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of AFC Gamma is 369.24%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, AFC Gamma will have a dividend payout ratio of 96.00% in the coming year. This indicates that AFC Gamma may not be able to sustain their current dividend.Read more about AFC Gamma's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for AFCG. Previous Next 2.6 News and Social Media Coverage News SentimentAFC Gamma has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for AFC Gamma this week, compared to 1 article on an average week.Search Interest11 people have searched for AFCG on MarketBeat in the last 30 days. This is an increase of 120% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added AFC Gamma to their MarketBeat watchlist in the last 30 days. This is a decrease of -45% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, AFC Gamma insiders have not sold or bought any company stock.Percentage Held by Insiders26.20% of the stock of AFC Gamma is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 26.53% of the stock of AFC Gamma is held by institutions.Read more about AFC Gamma's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for AFC Gamma are expected to grow by 3.63% in the coming year, from $1.93 to $2.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of AFC Gamma is 23.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.22.Price to Earnings Ratio vs. SectorThe P/E ratio of AFC Gamma is 23.54, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 52.80.Price to Book Value per Share RatioAFC Gamma has a P/B Ratio of 0.81. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about AFC Gamma's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaShocking $16T Elon Musk Crypto LeakReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.Click here now to get your copy. About AFC Gamma Stock (NASDAQ:AFCG)AFC Gamma, Inc. originates, structures, underwrites, and invests in senior secured loans, and other various commercial real estate loans and debt securities for established companies operating in the cannabis industry. It primarily originates loans structured as senior loans secured by real estate, equipment, and licenses and/or other assets of the loan parties to the extent permitted by applicable laws and the regulations governing such loan parties. The company has elected and qualified to be taxed as a real estate investment trust for the United States federal income tax purposes under the Internal Revenue Code of 1986. AFC Gamma, Inc. was incorporated in 2020 and is based in West Palm Beach, Florida.Read More AFCG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AFCG Stock News HeadlinesMay 16 at 7:47 AM | markets.businessinsider.comJMP Securities Sticks to Their Hold Rating for AFC Gamma (AFCG)May 16 at 4:52 AM | americanbankingnews.comAFC Gamma, Inc. (NASDAQ:AFCG) Sees Significant Decrease in Short InterestMay 10, 2024 | finance.yahoo.comAFC Gamma, Inc. (NASDAQ:AFCG) Q1 2024 Earnings Call TranscriptMay 9, 2024 | msn.comAFC Gamma Q1 2024 Reports Sharp YoY Net Income Drop Amid $90M Loan ExpansionMay 9, 2024 | globenewswire.comAFC Gamma, Inc. Announces Financial Results for First Quarter 2024May 8, 2024 | markets.businessinsider.comHere's what to expect from AFC Gamma's earningsApril 24, 2024 | 247wallst.comWant $3,000 In Passive Income? Invest $1,000 Into These 15 Dividend StocksApril 18, 2024 | finance.yahoo.comInsider Stock Buying Reaches US$2.26m On AFC GammaApril 15, 2024 | investorplace.comDank Dividends: 3 Cannabis REITs Offering High YieldsApril 10, 2024 | globenewswire.comAFC Gamma, Inc. Schedules First Quarter 2024 Earnings Conference Call for May 9, 2024April 2, 2024 | investorplace.comThe 3 Best Cannabis Stocks to Buy in April 2024March 26, 2024 | globenewswire.comAFC Gamma Provides Sunburn Cannabis with a Total of $34.0 Million Across Senior Secured Credit FacilitiesMarch 16, 2024 | finance.yahoo.comAFCG Oct 2024 20.000 putMarch 9, 2024 | seekingalpha.comAFC Gamma, Inc. (AFCG) Q4 2023 Earnings Call TranscriptMarch 8, 2024 | finance.yahoo.comQ4 2023 AFC Gamma Inc Earnings CallMarch 8, 2024 | finance.yahoo.comRetail investors account for 46% of AFC Gamma, Inc.'s (NASDAQ:AFCG) ownership, while institutions account for 32%March 8, 2024 | finance.yahoo.comAFC Gamma, Inc. (NASDAQ:AFCG) Q4 2023 Earnings Call TranscriptMarch 7, 2024 | finance.yahoo.comAFC Gamma Inc Reports Mixed Results Amid Cannabis Industry ChallengesMarch 7, 2024 | investorplace.comAFCG Stock Earnings: AFC Gamma Misses EPS, Beats Revenue for Q4 2023March 7, 2024 | msn.comNasdaq-Traded AFC Gamma Reports 41% YoY Drop In Net Income, Plans To Be Pure-Play Cannabis Lender In 2024March 7, 2024 | msn.comAFC Gamma declares $0.48 dividendMarch 7, 2024 | globenewswire.comAFC Gamma, Inc. Announces Financial Results for Fourth Quarter and Full Year 2023March 7, 2024 | globenewswire.comAFC Gamma, Inc. Announces Financial Results for Fourth Quarter and Full Year 2023March 7, 2024 | finance.yahoo.com12 Most Undervalued REIT Stocks To Buy According To AnalystsMarch 6, 2024 | msn.comAFC Gamma Q4 2023 Earnings PreviewSee More Headlines Receive AFCG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for AFC Gamma and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/07/2024Ex-Dividend for 4/15 Dividend3/27/2024Dividend Payable4/15/2024Today5/17/2024Next Earnings (Estimated)8/13/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Real estate Sub-IndustryN/A Current SymbolNASDAQ:AFCG CUSIPN/A CIK1822523 Webwww.afcgamma.com Phone561-510-2390FaxN/AEmployeesN/AYear FoundedN/AProfitability EPS (Most Recent Fiscal Year)$0.52 Trailing P/E Ratio23.54 Forward P/E Ratio6.34 P/E GrowthN/ANet Income$20.95 million Net Margins16.27% Pretax Margin18.73% Return on Equity11.77% Return on Assets8.37% Debt Debt-to-Equity Ratio0.19 Current Ratio4.86 Quick Ratio4.87 Sales & Book Value Annual Sales$64.18 million Price / Sales3.94 Cash Flow$2.02 per share Price / Cash Flow6.06 Book Value$15.03 per share Price / Book0.81Miscellaneous Outstanding Shares20,670,000Free Float15,252,000Market Cap$253.00 million OptionableOptionable Beta1.04 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Leonard Mark Tannenbaum C.F.A. (Age 53)Co-Founder & Executive Chairman Ms. Robyn Tannenbaum (Age 38)Co-Founder, Partner & President Comp: $123.13kMr. Daniel Neville (Age 37)CEO & Partner Mr. Brandon Hetzel (Age 36)CFO & Treasurer Mr. Cody ShueAccounting ManagerMs. Lana PingDirector of Investor RelationsMr. Gabriel A. Katz (Age 36)Chief Legal Officer Mr. James F. Velgot (Age 62)Chief Marketing Officer Mr. Ian KirbyChief of StaffMore ExecutivesKey CompetitorsMarlin Business ServicesNASDAQ:MRLNSWKNASDAQ:SWKHRegional ManagementNYSE:RMAngel Oak Mortgage REITNYSE:AOMRLatam Logistic PropertiesNYSE:LPAView All CompetitorsInstitutional OwnershipTidal Investments LLCBought 565,529 shares on 5/17/2024Ownership: 2.736%Janus Henderson Group PLCSold 1,372 shares on 5/16/2024Ownership: 0.055%Truvestments Capital LLCSold 56,455 shares on 5/15/2024Ownership: 0.019%PEAK6 Investments LLCSold 14,700 shares on 5/15/2024Ownership: 0.000%Anson Funds Management LPBought 25,733 shares on 5/14/2024Ownership: 0.124%View All Institutional Transactions AFCG Stock Analysis - Frequently Asked Questions How have AFCG shares performed in 2024? AFC Gamma's stock was trading at $12.03 on January 1st, 2024. Since then, AFCG stock has increased by 1.7% and is now trading at $12.24. View the best growth stocks for 2024 here. When is AFC Gamma's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024. View our AFCG earnings forecast. How were AFC Gamma's earnings last quarter? AFC Gamma, Inc. (NASDAQ:AFCG) released its quarterly earnings results on Thursday, March, 7th. The company reported $0.50 EPS for the quarter, beating the consensus estimate of $0.49 by $0.01. The business earned $15.97 million during the quarter, compared to analyst estimates of $18.06 million. AFC Gamma had a trailing twelve-month return on equity of 11.77% and a net margin of 16.27%. During the same period in the previous year, the business earned $0.61 earnings per share. How often does AFC Gamma pay dividends? What is the dividend yield for AFC Gamma? AFC Gamma announced a quarterly dividend on Monday, March 4th. Investors of record on Sunday, March 31st will be paid a dividend of $0.48 per share on Monday, April 15th. This represents a $1.92 annualized dividend and a dividend yield of 15.69%. The ex-dividend date is Wednesday, March 27th. Read our dividend analysis for AFCG. Is AFC Gamma a good dividend stock? AFC Gamma (NASDAQ:AFCG) pays an annual dividend of $1.92 per share and currently has a dividend yield of 15.65%. AFCG has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 369.24%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, AFCG will have a dividend payout ratio of 96.00% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for AFCG. What ETFs hold AFC Gamma's stock? ETFs with the largest weight of AFC Gamma (NASDAQ:AFCG) stock in their portfolio include AXS Cannabis ETF (THCX), Global X Cannabis ETF (POTX), AdvisorShares Pure Cannabis ETF (YOLO), Cambria Cannabis ETF (TOKE), Amplify Alternative Harvest ETF (MJ), Hoya Capital High Dividend Yield ETF (RIET) and iShares Mortgage Real Estate ETF (REM).Amplify U.S. Alternative Harvest ETF (MJUS). When did AFC Gamma IPO? AFC Gamma (AFCG) raised $120 million in an IPO on Friday, March 19th 2021. The company issued 6,300,000 shares at $19.00 per share. JMP Securities, Ladenburg Thalmann and Seaport Global Securities served as the underwriters for the IPO and Lake Street was co-manager. Who are AFC Gamma's major shareholders? AFC Gamma's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (4.00%), Wasatch Advisors LP (3.10%), Tidal Investments LLC (2.74%), Mirae Asset Global Investments Co. Ltd. (1.35%), Empowered Funds LLC (0.25%) and O Shaughnessy Asset Management LLC (0.23%). Insiders that own company stock include Brett Kaufman, Jonathan Gilbert Kalikow, Leonard M Tannenbaum and Robyn Tannenbaum. View institutional ownership trends. How do I buy shares of AFC Gamma? Shares of AFCG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:AFCG) was last updated on 5/18/2024 by MarketBeat.com Staff From Our Partners[FREE Ticket] 27 Crypto Experts Reveal Their #1 Picks Crypto 101 MediaCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingMake this ONE trade on Tuesday at 2 p.m. EST!Monument Traders AllianceThe Presidential candidate you should REALLY be worried aboutStansberry ResearchProtect Your Bank Account Before It’s Too LateWeiss RatingsForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressWhat’s Really Next for America…Porter & CompanyHe called Apple at $1.49 and now he says: “Buy these 6 AI stocks.”InvestorPlace Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding AFC Gamma, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
