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AFCG

AFCG - AFC Gamma, Inc. Stock Price, Fair Value and News

12.39USD+0.18 (+1.47%)Market Closed

Market Summary

AFCG
USD12.39+0.18
Market Closed
1.47%

AFCG Alerts

  • 1 major insider buys recently.

AFCG Stock Price

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AFCG RSI Chart

AFCG Valuation

Market Cap

256.1M

Price/Earnings (Trailing)

23.55

Price/Sales (Trailing)

4.12

EV/EBITDA

9.75

Price/Free Cashflow

11.03

AFCG Price/Sales (Trailing)

AFCG Profitability

EBT Margin

20.15%

Return on Equity

3.5%

Return on Assets

2.28%

Free Cashflow Yield

9.07%

AFCG Fundamentals

AFCG Revenue

Revenue (TTM)

62.1M

Rev. Growth (Yr)

-12.32%

Rev. Growth (Qtr)

-7.61%

AFCG Earnings

Earnings (TTM)

10.9M

Earnings Growth (Yr)

-100.54%

Earnings Growth (Qtr)

99.41%

Breaking Down AFCG Revenue

Last 7 days

4.1%

Last 30 days

-0.2%

Last 90 days

-0.9%

Trailing 12 Months

-1.4%

How does AFCG drawdown profile look like?

AFCG Financial Health

AFCG Investor Care

Dividend Yield

15.5%

Dividend/Share (TTM)

1.92

Shares Dilution (1Y)

1.03%

Diluted EPS (TTM)

0.52

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202462.1M000
202374.6M70.8M67.9M64.2M
202200074.7M
20210000
20200000

Tracking the Latest Insider Buys and Sells of AFC Gamma, Inc.

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 06, 2024
tannenbaum leonard m
bought
329,450
11.98
27,500
executive chairman; cio
Jun 06, 2024
tannenbaum leonard m
bought
358,500
11.95
30,000
executive chairman; cio
Jun 05, 2024
tannenbaum leonard m
bought
378,840
12.09
31,335
executive chairman; cio
Jan 24, 2024
bond jodi hanson
acquired
14,999
11.7
1,282
-
Jan 24, 2024
tannenbaum leonard m
acquired
1,300,000
11.7
111,111
executive chairman; cio
Jan 24, 2024
frank alexander c
acquired
14,999
11.7
1,282
-
Jan 24, 2024
harrison thomas l
acquired
14,999
11.7
1,282
-
Jan 24, 2024
levy robert l
acquired
14,999
11.7
1,282
-
Jan 24, 2024
tannenbaum robyn
acquired
400,000
11.7
34,188
president
Jan 24, 2024
sudnow marnie migatz
acquired
14,999
11.7
1,282
-

1–10 of 50

Which funds bought or sold AFCG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 11, 2024
EverSource Wealth Advisors, LLC
sold off
-100
-1,083
-
-%
May 24, 2024
Cetera Investment Advisers
added
2.06
12,548
261,993
-%
May 16, 2024
Tidal Investments LLC
new
-
7,001,250
7,001,250
0.12%
May 16, 2024
JANE STREET GROUP, LLC
added
3.73
16,320
258,135
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-38.92
-12,055
20,402
-%
May 15, 2024
DEUTSCHE BANK AG\
reduced
-11.24
-8,459
89,285
-%
May 15, 2024
MORGAN STANLEY
reduced
-17.96
-106,446
577,148
-%
May 15, 2024
AMERIPRISE FINANCIAL INC
sold off
-100
-1,227,810
-
-%
May 15, 2024
BANK OF AMERICA CORP /DE/
reduced
-71.97
-270,095
109,488
-%
May 15, 2024
BARCLAYS PLC
reduced
-47.05
-123,000
147,000
-%

1–10 of 48

Are Funds Buying or Selling AFCG?

Are funds buying AFCG calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own AFCG
No. of Funds

Unveiling AFC Gamma, Inc.'s Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Jan 26, 2024
blackrock inc.
6.9%
1,415,134
SC 13G
Feb 13, 2023
blackrock inc.
5.7%
1,151,816
SC 13G
Sep 12, 2022
citigroup inc
0.3%
66,860
SC 13G/A
Feb 04, 2022
citigroup inc
5.5%
904,458
SC 13G

Recent SEC filings of AFC Gamma, Inc.

View All Filings
Date Filed Form Type Document
Jun 06, 2024
4
Insider Trading
May 23, 2024
8-K
Current Report
May 20, 2024
8-K
Current Report
May 09, 2024
8-K
Current Report
May 09, 2024
10-Q
Quarterly Report
Apr 09, 2024
DEFA14A
DEFA14A
Apr 09, 2024
DEF 14A
DEF 14A
Apr 09, 2024
ARS
ARS
Mar 29, 2024
8-K
Current Report
Mar 07, 2024
8-K
Current Report

Peers (Alternatives to AFC Gamma, Inc.)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
91.9B
11.2B
5.24% 2.77%
46.55
8.2
3.63% 50.79%
43.4B
6.8B
-1.22% -12.74%
31.11
6.33
-2.39% -16.60%
28.4B
2.8B
1.25% 5.15%
29.76
10.13
5.72% -6.46%
20.5B
3.0B
-5.57% -3.95%
104.32
6.93
10.44% -73.79%
13.0B
-
-1.83% 1.67%
30.71
7.99
8.93% 11.87%
11.4B
1.4B
3.16% 1.31%
30.2
8.32
10.48% -2.04%
MID-CAP
9.6B
3.3B
-4.28% 13.06%
50.09
2.91
4.82% -75.15%
8.4B
1.2B
-0.66% 7.93%
35.42
7.34
5.48% -38.69%
3.7B
913.7M
3.69% 121.78%
-7.19
4.03
1.13% -307.54%
3.2B
878.0M
-10.06% 32.26%
-9.35
3.64
2.35% -290.39%
SMALL-CAP
1.3B
444.1M
-3.19% 12.21%
19.37
2.99
3.54% 8.91%
1.2B
198.2M
-1.84% -4.41%
-7.33
6.02
-43.33% -308.08%
1.1B
650.2M
-0.28% -6.01%
36.04
1.7
27.93% 140.31%
551.0M
285.4M
-3.05% -40.32%
-4.32
1.93
11.05% 83.70%
445.3M
277.2M
-1.41% -17.47%
-54.3
1.61
25.89% 94.64%

AFC Gamma, Inc. News

Latest updates
Seeking Alpha25 hours ago
MSN05 Jun 202404:21 am
Yahoo Finance10 May 202407:00 am
Yahoo Finance09 May 202407:00 am

AFC Gamma, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q3
Revenue-7.6%15.0016.0015.0016.0017.0020.0018.0020.0017.0014.0011.009.006.004.002.00
Operating Expenses18.8%6.005.005.005.006.006.005.006.006.004.004.003.003.001.001.00
  S&GA Expenses12.4%1.001.001.001.002.001.001.001.001.001.001.001.000.001.000.00
EBITDA Margin-34.6%0.29*0.44*0.60*0.62*0.58*0.57*---------
Interest Expenses-98.4%0.003.00-3.000.003.00-3.000.0037.00--4.695.005.00-
Income Taxes-74.4%0.001.001.000.000.001.000.000.000.00------
Earnings Before Taxes101.2%0.00-8.549.0012.0010.004.0012.0012.0010.007.008.005.001.002.002.00
EBT Margin-42.8%0.20*0.35*0.51*0.53*0.50*0.49*---------
Net Income99.4%-0.05-9.198.0012.0010.003.0011.0011.0010.007.008.005.001.002.002.00
Net Income Margin-46.4%0.18*0.33*0.49*0.52*0.48*0.48*---------
Free Cashflow2.1%6.006.005.005.004.004.0012.0011.005.002.000.005.00---
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q4
Assets2.1%47646744545444851947145945446530427922294.00
    Cash Equivalents-32.3%82.0012273.0082.0081.0014036.0046.0064.0010970.0012512710.00
Liabilities13.1%16614710611411018012412111819229.0010.005.002.00
Shareholder's Equity-2.9%31132033934033833934733833727327426821692.00
  Retained Earnings-33.3%-39.93-29.96-10.94-9.10-11.41-9.96-1.49-1.57-1.79-1.090.00-0.77-0.311.00
  Additional Paid-In Capital0.2%35035035034934934934934033827427426921791.00
Shares Outstanding1.0%21.0020.0020.0020.0020.0020.0020.0020.0019.0016.0012.0010.00--
Float----197---239---248--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q3
Cashflow From Operations2.1%6,3736,2395,4625,1464,3833,86612,23010,5614,6651,9331105,1252,3711,575-56.43
  Share Based Compensation76.4%54330830010026913310010099084.0051.0011.001,599--
Cashflow From Investing-638.2%-53,88010,011-4,5178,03414,99252,177-19,397-19,075-30,047-126,994-59,778-54,799-6,885-31,783-642
Cashflow From Financing-74.6%8,18032,173-9,819-11,706-79,14148,010-2,095-9,517-20,248164,3335,03947,485121,6848,58531,946
  Dividend Payments-----11,40411,41111,12010,8668,2217,078-5,0872,2253,695-
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AFCG Income Statement

2024-03-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue  
Interest income$ 16,361,060$ 18,500,486
Interest expense(1,603,163)(1,668,160)
Net interest income14,757,89716,832,326
Expenses  
Management and incentive fees, net (less rebate of $374,803 and $478,645, respectively)3,462,7623,704,219
General and administrative expenses1,052,3962,006,135
Stock-based compensation543,222280,578
Professional fees956,568420,898
Total expenses6,014,9486,411,830
Provision for current expected credit losses(4,931,674)(702,426)
Realized gains (losses) on investments, net(93,338)(26,384)
Gain (loss) on extinguishment of debt01,986,381
Change in unrealized gains (losses) on loans at fair value, net(3,613,693)(1,477,691)
Net income before income taxes104,24410,200,376
Income tax expense158,360175,102
Net (loss) income$ (54,116)$ 10,025,274
Earnings per common share:  
Basic (loss) earnings per common share (in dollars per share)$ (0.01)$ 0.49
Diluted (loss) earnings per common share (in dollars per share)$ (0.01)$ 0.49
Weighted average number of common shares outstanding:  
Basic weighted average shares of common stock outstanding (in shares)20,393,87520,303,797
Diluted weighted average shares of common stock outstanding (in shares)20,405,18720,489,163

AFCG Balance Sheet

2024-03-31
CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Assets  
Loans held for investment at fair value (cost of $68,514,273 and $71,644,003 at March 31, 2024 and December 31, 2023, respectively, net)$ 54,977,282$ 61,720,705
Loans held for investment at carrying value, net357,852,467301,265,398
Loan receivable held at carrying value, net2,040,0582,040,058
Current expected credit loss reserve(31,347,462)(26,309,450)
Loans held for investment at carrying value and loan receivable held at carrying value, net of current expected credit loss reserve328,545,063276,996,006
Cash and cash equivalents82,298,440121,626,453
Accounts receivable5,690,0971,837,450
Interest receivable4,362,2743,715,995
Prepaid expenses and other assets532,829688,446
Total assets476,405,985466,585,055
Liabilities  
Accrued interest2,201,888894,000
Due to affiliate19,76516,437
Dividends payable9,920,2059,819,695
Current expected credit loss reserve9,135115,473
Accrued management and incentive fees3,462,7623,471,726
Accrued direct administrative expenses962,7211,486,256
Accounts payable and other liabilities1,045,243714,685
Senior notes payable, net88,163,14088,014,558
Line of credit payable, net60,000,00042,000,000
Total liabilities165,784,859146,532,830
Commitments and contingencies (Note 10)
Shareholders’ equity  
Preferred stock, par value $0.01 per share, 10,000 shares authorized at March 31, 2024 and December 31, 2023 and 125 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively11
Common stock, par value $0.01 per share, 50,000,000 shares authorized at March 31, 2024 and December 31, 2023 and 20,667,094 and 20,457,697 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively206,671204,577
Additional paid-in capital350,347,018349,805,890
Accumulated (deficit) earnings(39,932,564)(29,958,243)
Total shareholders’ equity310,621,126320,052,225
Total liabilities and shareholders’ equity$ 476,405,985$ 466,585,055
AFCG
AFC Gamma, Inc. originates, structures, underwrites, and invests in senior secured loans, and other types of loans and debt securities for established companies operating in the cannabis industry in states that have legalized medical and/or adult use cannabis. 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. AFC Gamma, Inc. 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.
0
 CEO
 WEBSITEafcgamma.com
 INDUSTRYREIT Mortgage

AFC Gamma, Inc. Frequently Asked Questions


What is the ticker symbol for AFC Gamma, Inc.? What does AFCG stand for in stocks?

AFCG is the stock ticker symbol of AFC Gamma, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of AFC Gamma, Inc. (AFCG)?

As of Thu Jun 13 2024, market cap of AFC Gamma, Inc. is 256.27 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AFCG stock?

You can check AFCG's fair value in chart for subscribers.

What is the fair value of AFCG stock?

You can check AFCG's fair value in chart for subscribers. The fair value of AFC Gamma, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of AFC Gamma, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AFCG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is AFC Gamma, Inc. a good stock to buy?

The fair value guage provides a quick view whether AFCG is over valued or under valued. Whether AFC Gamma, Inc. is cheap or expensive depends on the assumptions which impact AFC Gamma, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AFCG.

What is AFC Gamma, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Jun 13 2024, AFCG's PE ratio (Price to Earnings) is 23.57 and Price to Sales (PS) ratio is 4.13. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AFCG PE ratio will change depending on the future growth rate expectations of investors.