NASDAQ:AFCG AFC Gamma (AFCG) Stock Price, News & Analysis $10.34 +0.04 (+0.39%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$10.23▼$10.3950-Day Range$8.39▼$12.1852-Week Range$8.06▼$13.35Volume160,310 shsAverage Volume136,626 shsMarket Capitalization$213.70 millionP/E Ratio19.88Dividend Yield18.57%Price Target$11.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get AFC Gamma alerts: Email Address AFC Gamma MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside6.4% Upside$11.00 Price TargetShort InterestBearish4.33% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.42Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth-0.50%From $2.00 to $1.99 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.0.88 out of 5 starsFinance Sector778th out of 871 stocksReal Estate Industry21st out of 23 stocks 1.2 Analyst's Opinion Consensus RatingAFC Gamma has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageAFC Gamma has only been the subject of 3 research reports in the past 90 days.Read more about AFC Gamma's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.33% 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 4.3.Change versus previous monthShort interest in AFC Gamma has recently increased by 12.10%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipAFC Gamma is a leading dividend payer. It pays a dividend yield of 18.50%, 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 369.23%. 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 96.48% 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 1.9 News and Social Media Coverage News SentimentAFC Gamma has a news sentiment score of 0.42. 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 is a lower news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for AFC Gamma this week, compared to 1 article on an average week.Search InterestOnly 7 people have searched for AFCG on MarketBeat in the last 30 days. This is a decrease of -53% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added AFC Gamma to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for AFC Gamma are expected to decrease by -0.50% in the coming year, from $2.00 to $1.99 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of AFC Gamma is 19.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.87.Price to Earnings Ratio vs. SectorThe P/E ratio of AFC Gamma is 19.88, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 32.21.Price to Book Value per Share RatioAFC Gamma has a P/B Ratio of 0.68. 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 Golden CrestBiden's Successor: The Radical Threat to YOUR Savings!Kamala Harris isn't just playing politics; she's a serious threat to your financial security. Kamala has a plan to take over your money and leave you with nothing. Higher taxes, government control, and a digital dollar to track every penny you spend. This isn't about convenience; it's about CONTROL.>> Get Your FREE Wealth Protection Guide << 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 HeadlinesSeptember 5 at 2:29 AM | americanbankingnews.comJefferies Financial Group Lowers AFC Gamma (NASDAQ:AFCG) Price Target to $13.00September 2, 2024 | americanbankingnews.comAFC Gamma, Inc. (NASDAQ:AFCG) Short Interest Up 12.1% in AugustSeptember 7, 2024 | Deal Maker (Ad)The solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.August 19, 2024 | globenewswire.comAFC Gamma Provides a New Senior Secured Credit Facility to Private Company Q and Expands Existing Senior Secured Credit Facilities for BeLeaf Medical and Sunburn CannabisAugust 7, 2024 | seekingalpha.comAFC Gamma, Inc. (AFCG) Q2 2024 Earnings Call TranscriptAugust 7, 2024 | markets.businessinsider.comAFC Gamma, Inc. Announces Financial Results for Second Quarter 2024July 15, 2024 | globenewswire.comAFC Gamma, Inc. Schedules Second Quarter 2024 Earnings Conference Call for August 7, 2024June 28, 2024 | investorplace.comThe 3 Smartest Cannabis Stocks to Buy With Your Money Right NowSeptember 7, 2024 | Deal Maker (Ad)The solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.June 27, 2024 | globenewswire.comAFC Gamma Announces Record Date and Special Dividend for Spin-Off of Commercial Real Estate PortfolioJune 21, 2024 | investorplace.com7 Cannabis Stocks to Buy Now: June 2024June 4, 2024 | globenewswire.comAFC Gamma Successfully Exits $84.0 Million Loan to Subsidiary of Public Company HMay 29, 2024 | msn.comCompass Point Downgrades AFC Gamma (AFCG)May 26, 2024 | investorplace.comThe 2024 Millionaire's Club: 7 Cannabis Stocks to Buy NowMay 23, 2024 | finance.yahoo.comAFC Gamma Provides Senior Secured Credit Facility to Women-Owned Grön EdiblesMay 20, 2024 | globenewswire.comAFC Gamma Announces Changes to Composition of Board of Directors Following Planned Spin-Off of Commercial Real Estate PortfolioMay 16, 2024 | markets.businessinsider.comJMP Securities Sticks to Their Hold Rating for AFC Gamma (AFCG)May 10, 2024 | finance.yahoo.comAFC Gamma, Inc. (NASDAQ:AFCG) Q1 2024 Earnings Call TranscriptSee 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 Ex-Dividend for 7/15 Dividend7/08/2024Dividend Payable7/15/2024Last Earnings8/07/2024Today9/07/2024Next Earnings (Estimated)11/13/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Real estate Sub-IndustryReal Estate Current SymbolNASDAQ:AFCG CUSIPN/A CIK1822523 Webwww.afcgamma.com Phone561-510-2390FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Target$11.00 High Stock Price Target$13.00 Low Stock Price Target$9.00 Potential Upside/Downside+6.4%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.52 Trailing P/E Ratio19.88 Forward P/E Ratio5.17 P/E GrowthN/ANet Income$20.95 million Net Margins21.97% Pretax Margin24.52% Return on Equity12.41% Return on Assets8.63% Debt Debt-to-Equity Ratio0.11 Current Ratio4.77 Quick Ratio4.77 Sales & Book Value Annual Sales$51.37 million Price / Sales4.16 Cash Flow$2.00 per share Price / Cash Flow5.17 Book Value$15.21 per share Price / Book0.68Miscellaneous Outstanding Shares20,667,000Free Float15,252,000Market Cap$213.70 million OptionableOptionable Beta1.05 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.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 CompetitorsSWKNASDAQ:SWKHConsumer Portfolio ServicesNASDAQ:CPSSCangoNYSE:CANGMarlin Business ServicesNASDAQ:MRLNRegional ManagementNYSE:RMView All CompetitorsInsiders & InstitutionsThe Manufacturers Life Insurance Company Bought 1,071 shares on 8/15/2024Ownership: 0.113%Renaissance Technologies LLCBought 1,900 shares on 8/9/2024Ownership: 0.650%AdvisorShares Investments LLCBought 16,000 shares on 8/8/2024Ownership: 0.603%Los Angeles Capital Management LLCSold 9,900 shares on 8/6/2024Ownership: 0.369%Ritholtz Wealth ManagementBought 10,758 shares on 8/1/2024Ownership: 0.154%View All Insider TransactionsView All Institutional Transactions AFCG Stock Analysis - Frequently Asked Questions How have AFCG shares performed this year? AFC Gamma's stock was trading at $12.03 at the beginning of the year. Since then, AFCG stock has decreased by 14.0% and is now trading at $10.34. View the best growth stocks for 2024 here. How were AFC Gamma's earnings last quarter? AFC Gamma, Inc. (NASDAQ:AFCG) posted its quarterly earnings data on Wednesday, August, 7th. The company reported $0.54 earnings per share for the quarter, topping analysts' consensus estimates of $0.49 by $0.05. The company earned $19.96 million during the quarter, compared to the consensus estimate of $16.48 million. AFC Gamma had a trailing twelve-month return on equity of 12.41% and a net margin of 21.97%. When did AFC Gamma IPO? AFC Gamma (AFCG) raised $120 million in an initial public offering (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? Top institutional shareholders of AFC Gamma include Renaissance Technologies LLC (0.65%), AdvisorShares Investments LLC (0.60%), Los Angeles Capital Management LLC (0.37%) and Bank of New York Mellon Corp (0.37%). Insiders that own company stock include Leonard M Tannenbaum, Jonathan Gilbert Kalikow, Robyn Tannenbaum and Brett Kaufman. 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 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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