AFC GammaAFCG
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
1 analyst rating
Alliance Global Partners Aaron Grey 40% 1-year accuracy 2 / 5 met price target | 51%upside $13 | Buy Initiated | 17 Dec 2024 |
Financial journalist opinion
![Advanced Flower Capital Inc. Announces Dividend for the Fourth Quarter 2024](https://wsr-news.imgdelivr.io/dfsgipEp.jpg?w=640&h=360)
![Is the Options Market Predicting a Spike in AFC Gamma (AFCG) Stock?](https://wsr-news.imgdelivr.io/VMAdaM4w.jpg?w=640&h=360)
![Advanced Flower Capital: Get Paid 13.7% Per Year As The Cannabis Market Grows](https://wsr-news.imgdelivr.io/U3PzuW9l.jpg?w=640&h=360)
![Advanced Flower Capital Inc. (AFCG) Q3 2024 Earnings Call Transcript](https://wsr-news.imgdelivr.io/KoNvbEVm.jpg?w=640&h=360)
![AFC Gamma Inc. (AFCG) Q3 Earnings Beat Estimates](https://wsr-news.imgdelivr.io/GWu5UQCL.jpg?w=640&h=360)
![Advanced Flower Capital Inc. Announces Financial Results for Third Quarter 2024](https://wsr-news.imgdelivr.io/ra96AJqz.jpg?w=640&h=360)
![AFC Gamma Inc. (AFCG) Expected to Beat Earnings Estimates: Should You Buy?](https://wsr-news.imgdelivr.io/Vlnc9VYl.jpg?w=640&h=360)
![High-Yield Cannabis REITs for November: Top Picks for Dividend Investors](https://wsr-news.imgdelivr.io/ZRqtEBah.jpg?w=640&h=360)
![You Could Retire Rich on These 6 High-Yield Dividends](https://wsr-news.imgdelivr.io/cLPvS0tf.jpg?w=640&h=360)
![Top Cannabis REITs to Watch in October 2024 for Strong Returns](https://wsr-news.imgdelivr.io/aTLHDaNj.jpg?w=640&h=360)