Afc Gamma Earnings Call Highlights Strategic Pivot
Afc Gamma Inc. (AFCG) recently held its Q1 earnings call, revealing a strategic pivot from real-estate-backed cannabis loans to broader lower middle market private credit. The company reported progress in diversification, improved liquidity, and a rise in net asset value, despite facing ongoing credit issues, including non-accrual loans and a default by cannabis borrower Justice Grown. This transition aims for more scalable growth and better credit quality, though it is expected to result in yield compression.
AFC Gamma (AFCG) Expected to Announce Quarterly Earnings on Thursday
AFC Gamma (NASDAQ:AFCG) is scheduled to release its Q1 2026 earnings before the market opens on Thursday, May 7th, with analysts expecting $0.16 EPS and $6.899 million in revenue. The company missed estimates last quarter, reporting -$0.12 EPS against an expected $0.06. Insider activity shows Director Leonard M. Tannenbaum purchased over 115,000 shares, and insiders collectively bought over 500,000 shares, now owning 25.10% of the company.
AFC Gamma Inc. (AFCG) Misses Q2 Earnings and Revenue Estimates
AFC Gamma Inc. (AFCG) reported its Q2 results, missing both earnings and revenue estimates. The company posted adjusted FFO per share of $0.56, below the Zacks Consensus Estimate of $0.62, and revenue of $16.9 million, also falling short of expectations. Despite these misses, the article notes that positive analyst sentiment is driving a "Strong Buy" consensus rating for AFCG, with the average target price suggesting a significant upside.
AFC Gamma Expands Senior Secured Revolving Credit Facility
AFC Gamma (AFCG) has expanded its senior secured revolving credit facility. On March 27, 2026, the company increased commitments to $106 million with a temporary boost, then stepped it down to a higher ongoing baseline of $80 million. The credit line, expandable to $100 million, enhances AFC's ability to fund commitments, originate loans, and support corporate needs.
Insider Buying: AFC Gamma (NASDAQ:AFCG) Insider Buys 7,000 Shares of Stock
AFC Gamma insider Robyn Tannenbaum recently purchased 7,000 shares of the company's stock for $19,600, increasing her holdings by 3.2%. This insider buying occurred despite the company reporting a quarterly EPS miss and analysts holding a "Sell" consensus rating, with a target price of $4.50. AFC Gamma also declared a quarterly dividend of $0.05 per share, representing an annualized yield of 7.3%.
AFC Gamma (NASDAQ:AFCG) Director Buys $293,854.35 in Stock
AFC Gamma Director Leonard Tannenbaum recently purchased 115,237 shares of AFCG stock for $293,854.35, increasing his total holdings to over 6.3 million shares. This transaction occurred on March 20th, with shares bought at an average price of $2.55. The company recently reported a quarterly loss and announced a dividend, while analysts currently rate it as a "Sell" with a $4.50 price target.
Insider Buying: AFC Gamma (NASDAQ:AFCG) Director Acquires 44,914 Shares of Stock
AFC Gamma (NASDAQ:AFCG) director Leonard Tannenbaum recently purchased 44,914 shares of the company's stock for approximately $116,327, increasing his total holdings to over 6.3 million shares. This insider buying comes as AFC Gamma reported mixed quarterly earnings, missing EPS estimates but exceeding revenue expectations, while analysts currently hold a "Sell" consensus rating with an average target price of $4.50. The company also declared a quarterly dividend of $0.05 per share, offering a 7.6% dividend yield.
Insider Buying: AFC Gamma (NASDAQ:AFCG) Director Purchases 14,366 Shares of Stock
AFC Gamma (NASDAQ:AFCG) Director Leonard Tannenbaum recently purchased 14,366 shares of the company's stock for approximately $37,208, increasing his total holdings to over 6.3 million shares. This insider buying comes as the company reported a quarterly loss and saw its stock decline by 3.3%, despite revenue exceeding analyst estimates. AFC Gamma also declared a quarterly dividend of $0.05 per share, offering an annualized yield of 7.6%, while analysts maintain a "Sell" rating with an average target price of $4.50.
Advanced Flower Capital Inc. Announces Financial Results for the Fourth Quarter and Full Year 2025
Advanced Flower Capital Inc. (AFC) reported its financial results for the fourth quarter and full year ended December 31, 2025, showing a Q4 GAAP net income of $0.9 million and a full-year GAAP net loss of $(20.7) million. The company emphasized disciplined portfolio management and the successful conversion to a Business Development Company (BDC) in 2025, aiming to unlock value from underperforming loans and invest in high-quality, cash-flowing businesses. AFC also declared a cash dividend of $0.05 per common share for the first quarter of 2026, payable on April 15, 2026.
Insider Buying: AFC Gamma (NASDAQ:AFCG) Director Buys 60,600 Shares of Stock
AFC Gamma (NASDAQ:AFCG) Director Leonard Tannenbaum recently purchased 60,600 shares of the company's stock for approximately $156,954, increasing his total holdings to over 6 million shares. This transaction occurred despite the company missing its latest quarterly EPS estimates and having an average analyst rating of "Sell" with a $4.50 price target. AFCG trades near $2.74 and offers a quarterly dividend of $0.05, resulting in a 7.3% yield.
Insider Buying: AFC Gamma (NASDAQ:AFCG) Director Acquires 90,600 Shares of Stock
AFC Gamma (NASDAQ:AFCG) director Leonard Tannenbaum recently purchased 90,600 shares of the company's stock, increasing his holdings by 1.5%. The company also declared a quarterly dividend of $0.05 per share, representing an annualized yield of about 7.3%. Despite the insider buying, analysts currently have an average "Sell" rating on the stock with a target price of $4.50, following a reported quarterly EPS miss and negative net margin.
AFC Gamma (NASDAQ:AFCG) Director Buys $88,805.92 in Stock
AFC Gamma Director Leonard Tannenbaum recently purchased 34,288 shares of company stock for $88,805.92, increasing his total holdings to over 6 million shares. This transaction occurred as the company reported a Q4 earnings miss but revenue beat, and declared a quarterly dividend of $0.05 per share. Analysts currently hold a consensus "Sell" rating for the stock, with an average price target of $4.50.
Insider Buying: AFC Gamma (NASDAQ:AFCG) Director Acquires 102,213 Shares of Stock
AFC Gamma (NASDAQ:AFCG) Director Leonard Tannenbaum recently purchased 102,213 shares, increasing his direct stake by 1.73% to over 5.99 million shares. The company reported a Q4 EPS miss but exceeded revenue estimates, with a negative net margin and P/E. AFC Gamma declared a quarterly dividend of $0.05, yielding 7.6%, while analysts maintain a "Reduce" rating with a $5.75 price target.
Leonard Tannenbaum Acquires 29,000 Shares of AFC Gamma (NASDAQ:AFCG) Stock
AFC Gamma Director Leonard Tannenbaum recently purchased 29,000 shares of the company's stock for $70,760, increasing his total holdings to over 5.89 million shares. This insider acquisition comes as AFC Gamma reported a quarterly EPS miss but revenue beat expectations. The company also announced a quarterly dividend of $0.05, offering a 7.8% yield, while analysts generally rate the stock as "Reduce/Sell" with a consensus price target of $5.75.
Analysts Offer Insights on Real Estate Companies: Public Storage (PSA), AFC Gamma (AFCG) and Curbline Properties Corp. (CURB)
Analysts have provided insights on several real estate companies. Public Storage (PSA) received a "Moderate Buy" consensus with a price target of $306.45, with analysts like Nicholas Yulico and Goldman Sachs maintaining "Buy" ratings. AFC Gamma (AFCG) has a "Hold" consensus, while Curbline Properties Corp. (CURB) received a "Strong Buy" consensus with a price target of $29.00, with Michael Lewis at Truist Financial maintaining a "Buy" rating.
Advanced Flower Capital Inc. Announces Financial Results for the Fourth Quarter and Full Year 2025
Advanced Flower Capital Inc. (AFC) announced its financial results for the fourth quarter and full year ended December 31, 2025, reporting a GAAP net income of $0.9 million for Q4 2025 and a GAAP net loss of $(20.7) million for the full year 2025. The company's CEO, Dan Neville, highlighted a focus on disciplined portfolio management and the successful BDC conversion, aiming to unlock value from underperforming loans and invest in high-quality, cash-flowing businesses. AFC also declared a regular cash dividend of $0.05 per common share for the first quarter of 2026, payable on April 15, 2026.
AFC GAMMA ($AFCG) Releases Q4 2025 Earnings
AFC GAMMA ($AFCG) reported its Q4 2025 earnings, missing analyst estimates for both earnings per share and revenue. The company posted an EPS of -$0.12 against an estimated $0.03 and revenues of $5.19 million, falling short of the $5.94 million estimate. Insider trading activity shows significant purchases by executives, while hedge fund activity indicates mixed sentiment with more institutions decreasing their positions than increasing.
AFC Gamma (NASDAQ:AFCG) Shares Down 2.7% - Here's Why
AFC Gamma (NASDAQ:AFCG) shares declined 2.7% during mid-day trading on Monday, with the stock closing at $2.20. The company has a market capitalization of $49.7 million and a negative P/E ratio, and analysts have a "Reduce" consensus rating with an average price target of $5.75. Notably, insiders, including Director Leonard M. Tannenbaum, have been buying shares, with corporate insiders owning 25.10% of the company.
AFC Gamma Secures $20 Million Related-Party Credit Facility
AFC Gamma (AFCG) has secured a $20 million unsecured revolving credit facility with TCGSL LLC, an affiliate controlled by its Chairman, Leonard M. Tannenbaum, and his family. This facility, maturing in August 2028, enhances the company's financial flexibility for corporate purposes and investments. While improving liquidity, the related-party structure may draw scrutiny from governance-focused stakeholders, especially given the stock's current "Hold" rating and a "Neutral" assessment from TipRanks' AI Analyst, Spark, due to deteriorating financial performance and bearish technicals, despite positive cash flow and strategic developments.
AFC Gamma (NASDAQ:AFCG) Director Acquires $76,250.00 in Stock
AFC Gamma (NASDAQ:AFCG) Director Leonard Tannenbaum acquired 25,000 shares of the company's stock for $76,250 on December 11th, increasing his total holdings to 5,861,098 shares. The company's stock traded down $0.23 to $3.29, with a market capitalization of $74.32 million, following a recent earnings miss. Analysts currently hold an average "Reduce" rating with a price target of $5.75 for AFCG.
AFC Gamma (NASDAQ:AFCG) Director Leonard Tannenbaum Purchases 24,000 Shares of Stock
AFC Gamma Director Leonard Tannenbaum bought 24,000 shares of the company's stock on December 9th at an average price of $2.83, increasing his direct holdings to 5,816,098 shares. The purchase, valued at $67,920, was disclosed in an SEC filing. AFC Gamma has recently faced challenges, including missing quarterly earnings estimates and reporting a negative net margin, and analysts currently hold a "Reduce" rating on the stock with an average target price of $5.75.
Leonard Tannenbaum Purchases 20,000 Shares of AFC Gamma (NASDAQ:AFCG) Stock
Leonard Tannenbaum, a director at AFC Gamma (NASDAQ:AFCG), recently purchased 20,000 shares of the company's stock for $60,600, increasing his total holdings to over 5.8 million shares. This insider buying comes despite the company missing recent earnings estimates and receiving a consensus "Reduce" rating from analysts with an average price target of $5.75. AFC Gamma also pays a quarterly dividend of $0.15, leading to a high annualized yield of approximately 19.5%.
Insider Buys Additional US$155k In Advanced Flower Capital Stock
Advanced Flower Capital Inc. (NASDAQ:AFCG) Executive Chairman, Leonard Tannenbaum, recently purchased US$155k worth of stock at US$2.87 per share. This adds to a previous larger purchase of US$2.2m made when the share price was higher. Insiders own 28% of the company, suggesting confidence despite a recent loss.
Insider Buying: AFC Gamma (NASDAQ:AFCG) Director Buys 46,000 Shares of Stock
AFC Gamma (NASDAQ:AFCG) Director Leonard Tannenbaum purchased 46,000 shares of the company's stock on December 3rd, 2025, increasing his direct stake to over 5.79 million shares. The purchase, valued at $135,240, was made at an average price of $2.94 per share. The company recently reported Q3 earnings per share of $0.16, missing estimates, and pays a quarterly dividend of $0.15.
Leonard Tannenbaum Buys 15,000 Shares of AFC Gamma (NASDAQ:AFCG) Stock
Leonard Tannenbaum, a director at AFC Gamma (NASDAQ:AFCG), purchased 15,000 shares of the company's stock on December 1st at $2.88 per share, increasing his direct ownership to over 5.7 million shares. AFCG's stock traded up $0.08 on Wednesday, hitting $2.96, despite the company missing its Q3 EPS estimates and reporting negative net margin and revenue. The company pays an annualized dividend of $0.60, yielding approximately 20.3%, but analysts currently have a consensus "Reduce" rating with an average target price of $5.75.
AFC Gamma (NASDAQ:AFCG) Director Leonard Tannenbaum Buys 39,000 Shares
AFC Gamma (NASDAQ:AFCG) Director Leonard Tannenbaum recently purchased 39,000 shares of the company's stock for $111,930, increasing his total holdings to over 5.7 million shares. Despite this insider buying, the company faces challenges including missed earnings estimates, a negative net margin, and mostly "Hold/Reduce" analyst ratings with an average target price of $5.75, contrasting with a high annualized dividend yield of about 20.3%.
Judge Lets Advanced Flower AFC Contract Breach Suit Proceed in High-Stakes Cannabis Loan Clash
A New Jersey federal judge has allowed a cannabis company's lawsuit against its lender, Advanced Flower Capital Inc. (AFC), to proceed. The lawsuit alleges AFC fabricated a loan default to seize nearly $2 million. This ruling is part of a larger ongoing dispute, with both sides accusing the other of financial misconduct and attempts to take control of assets.
AFC Gamma, Inc. Hits New 52-Week Low at $2.52 Amidst Declining Performance
AFC Gamma, Inc. has reached a new 52-week low of USD 2.52, down significantly from its 52-week high of USD 9.93, reflecting a 69.43% stock price drop over the past year. The company has reported negative financial results for three consecutive quarters, including a decrease in net sales and low operating cash flow, with a current market capitalization of USD 103 million. These struggles are evident in its negative return on equity and its underperformance compared to the S&P 500.
AFC Gamma, Inc. Hits New 52-Week Low at $2.69 Amid Declining Performance
AFC Gamma, Inc. has reached a new 52-week low of $2.69, reflecting a significant decline in performance with a 66.89% drop from its 52-week high. The microcap company, with a market capitalization of USD 103 million, is facing challenges including declining net sales, consecutive quarterly losses, negative return on equity, and low operating cash flow. These financial metrics highlight the ongoing difficulties for AFC Gamma in the current market.
Afc Gamma, Inc. Reports Q3 2025 Financial Results
AFC Gamma, Inc. (AFCG) reported a significant net loss of $12.5 million in Q3 2025, a steep decline from a net income of $1.4 million in the prior year, with interest income also decreasing. This financial downturn is attributed to reduced net interest income, a decrease in total assets, and a substantial increase in credit loss reserves. Despite these challenges, the company plans strategic expansions, including a potential conversion to a business development company, and diversification of its investment portfolio beyond the cannabis sector.
Advanced Flower Capital Inc. Announces Financial Results for the Third Quarter 2025
Advanced Flower Capital Inc. (AFC) announced a GAAP net loss of $(12.5) million and Distributable Earnings of $3.5 million for Q3 2025. Shareholders approved the company's conversion from a mortgage REIT to a Business Development Company (BDC), which is expected to expand investment opportunities beyond real estate-backed loans in the cannabis market. The company also declared a cash dividend of $0.15 per common share for the quarter.
AFC Gamma Shareholders Approve REIT to BDC Conversion
AFC Gamma (AFCG) shareholders have approved the company's conversion from a real estate investment trust (REIT) to a business development company (BDC). This strategic move, set to complete in Q1 2026, will broaden AFC's investment scope beyond real estate-backed loans, allowing it to pursue a wider range of market opportunities. While analysts currently hold a "Hold" rating on AFCG with a $3.50 price target, Spark, TipRanks’ AI Analyst, indicates a "Neutral" stance due to financial challenges despite potential income from its high dividend yield.
AFC Gamma, Inc. Stock Plummets to New 52-Week Low of $3.18
AFC Gamma, Inc. (ticker not provided) has reached a new 52-week low of $3.18, experiencing a 61.33% stock price decline over the past year. The company, a microcap in the finance sector, faces a precarious financial position due to decreasing net sales, negative quarterly results, a low P/E ratio of 6.00, and negative return on equity. Its performance has consistently underperformed the S&P 500, raising concerns about its market viability.
AFC Gamma (NASDAQ:AFCG) Stock Price Down 0.6% - What's Next?
AFC Gamma's stock price dropped by 0.6% to $3.40, with trading volume also down. Analysts have downgraded the stock to a "hold" with a consensus price target of $5.75, while the company declared a quarterly dividend yielding 17.6% despite a negative payout ratio. Insider transactions indicate recent share acquisitions by its director and CEO.
AFC Gamma Inc. (NASDAQ:AFCG) Given Consensus Rating of "Hold" by Brokerages
AFC Gamma Inc. (NASDAQ:AFCG) has received a consensus "Hold" rating from five brokerages with an average price target of $5.75 per share. Recent insider buying by Director Leonard M. Tannenbaum and CEO Daniel Neville indicates confidence, while the company also declared a quarterly dividend of $0.15, representing a 15.3% annualized yield.
Advanced Flower Capital Announces Dividend for the Third Quarter 2025
Advanced Flower Capital Inc. (Nasdaq: AFCG) has declared a quarterly dividend of $0.15 per outstanding share of common stock for the third quarter of 2025, payable on October 15, 2025. This dividend is consistent with the previous quarter's dividend. The company's Board of Directors evaluates Distributable Earnings quarterly to determine dividend levels, especially given uncertainties regarding loan repayments.
AFC Gamma AFCG Q2 2025 Earnings Call Transcript
AFC Gamma (AFCG) announced its Q2 2025 earnings and detailed plans to convert from a REIT to a Business Development Company (BDC), pending shareholder approval, to expand its lending opportunities beyond real estate-backed assets. The company reported distributable earnings of $0.15 per share and discussed challenges with legacy underperforming loans and the ongoing impact of capital scarcity in the cannabis industry. Management highlighted the potential benefits of BDC conversion for diversification and addressing the limitations of REIT-compliant investments in the current market.
AFC Gamma Inc. (AFCG) Misses Q2 Earnings and Revenue Estimates
AFC Gamma Inc. (AFCG) reported Q2 earnings of $0.15 per share, missing the Zacks Consensus Estimate of $0.24, and revenues of $6.2 million, falling short of the $7.57 million consensus. The company's shares have declined by 45.3% year-to-date, underperforming the S&P 500. The article also touches on the outlook for Ellington Credit (EARN), another company in the same industry.
AFC Gamma cuts dividend, shares drop most since March
AFC Gamma (AFCG) shares dropped significantly after the company announced a second consecutive quarterly dividend cut, reducing it to 15 cents per share from 23 cents. This decision was primarily attributed to a realized loss from a loan to "Public Company A." Following the news, Zuanic Group downgraded AFC Gamma's stock rating to neutral from overweight.
Cannabis firm Standard Wellness unlocks $14 million in new financing
Standard Wellness Holdings, a Cleveland-based multistate cannabis company, has secured a $14 million senior secured credit facility from Advanced Flower Capital Inc. This financing will be used to pay off existing debt from Focus Growth Capital Partners and a seller note with Columbia Care, and to support the acquisition of a new dispensary in St. Louis. The deal, which features a 12.5% interest rate, signifies the company's growth and financial management, especially given the challenges of financing in the cannabis industry.
Cannabis firm Standard Wellness unlocks $14 million in new financing
Standard Wellness, a cannabis firm, has secured $14 million in new financing. This development was reported by Jeremy Nobile of Crain's Cleveland Business on April 4, 2025. The article body is brief, announcing only this financial news.
AFC Gamma, Inc. (NASDAQ:AFCG) Q4 2024 Earnings Call Transcript
AFC Gamma, Inc. (AFCG) held its Q4 2024 earnings call, detailing its financial performance, including a distributable earnings per share of $0.29 and a GAAP net loss of $0.05. The company exceeded its 2024 origination goal with $135 million in new commitments, focusing on cannabis industry loans and active portfolio management, including addressing underperforming credits like "Justice Grown." AFCG announced a Q1 2025 dividend of $0.23 per share, aiming for a sustainable payout based on its performing asset base.
Advanced Flower Capital Provides $15 Million Senior Secured Credit Facility to Story Ohio
Advanced Flower Capital (AFC) has provided a $15 million senior secured credit facility to Story of Ohio LLC, a subsidiary of Story Companies. This funding will support Story's expansion efforts, specifically for acquiring and building out dispensaries in the growing Ohio adult-use cannabis market. AFC will hold the entire credit facility, secured by Story of Ohio LLC's assets, including cannabis licenses and real estate in Ohio and Georgia.
Advanced Flower Capital Provides $15 Million Senior Secured Credit Facility to Story Ohio
Advanced Flower Capital Inc. has committed and funded a $15 million senior secured credit facility to Story of Ohio LLC, the Ohio subsidiary of Story Companies. This funding will support Story's expansion efforts by acquiring and building out dispensaries in Ohio's growing adult-use cannabis market. AFC CEO Daniel Neville highlighted Story's strong execution in a volatile market, while Story CEO Jason Vedadi expressed enthusiasm for continued collaboration with AFC.
AFC Gamma, Inc. (NASDAQ:AFCG) Q3 2024 Earnings Call Transcript
AFC Gamma, Inc. (AFCG) reported its Q3 2024 earnings, highlighting a strong quarter with $59 million in new loan originations, exceeding its annual target with $116 million year-to-date. The company, now a pure-play cannabis mortgage REIT after a spin-off, discussed its strategy to capitalize on limited access to capital in the cannabis sector, anticipating slower federal reform, and maintaining a diversified portfolio with an 18% weighted average yield to maturity. Executives expressed confidence in their ability to deploy capital into quality credits despite market choppiness and an expected prolonged stagnation period for certain cannabis markets.
AFC Gamma Provides Story of Maryland with $41 Million Senior Secured Credit Facility
AFC Gamma has committed and funded a $41 million senior secured credit facility to Story of Maryland, LLC, a vertically integrated cannabis operator. This transaction helps Story MD refinance existing debt and provides working capital for growth initiatives. AFC Gamma also announced this deal helped them exceed their 2024 origination target of $100 million.
AFC Gamma, Inc. Schedules Second Quarter 2024 Earnings Conference Call for August 7, 2024
AFC Gamma, Inc. (Nasdaq: AFCG) announced it will report its second-quarter 2024 earnings on Wednesday, August 7, 2024. The company will host a conference call at 10:00 AM Eastern Time on the same day to discuss its financial results, with details available on its Investor Relations website. All interested parties are welcome to participate via webcast or by registering for telephone access.
AFC Gamma spins off real estate portfolio into new REIT
AFC Gamma, Inc. has successfully spun off its commercial real estate portfolio into a new, publicly-traded REIT called Sunrise Realty Trust, Inc. (Nasdaq: SUNS). This strategic move allows AFC Gamma to concentrate on its core business, while Sunrise Realty Trust gains independence to pursue its own growth, with existing AFC Gamma shareholders receiving shares in the new entity. The company also reported strong Q1 2024 earnings and maintains a significant dividend yield.
Earnings call: AFC Gamma reports solid Q1 2024 performance
AFC Gamma, Inc. (NASDAQ: AFCG) announced solid Q1 2024 results, reporting distributable earnings of $0.49 per share and declaring a $0.48 dividend per share for the fourth consecutive quarter. The company remains optimistic about the cannabis industry's growth, driven by state-level legalization and potential federal reclassification, and highlighted successful portfolio management and a strong pipeline for new deals. AFC Gamma is also progressing with the spin-off of its commercial real estate portfolio into Sunrise Realty Trust, expected by mid-2024, to further streamline operations and unlock shareholder value.
AFC Gamma Finances Florida Cannabis Company
AFC Gamma has provided $34.0 million in debt capital to High End Holdings, LLC and Green Sentry Holdings, LLC, operating as Sunburn Cannabis, a vertically integrated Florida operator. The funding will be used by Sunburn to refinance existing debt, provide working capital, and expand its cultivation, processing facilities, and retail dispensaries. This transaction marks AFC Gamma's second Venture into Florida's medical cannabis market, highlighting Sunburn's strong positioning for market share growth.
