AFC Gamma (NASDAQ:AFCG – Get Free Report) is set to release its earnings data before the market opens on Thursday, May 9th. Analysts expect AFC Gamma to post earnings of $0.48 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.
AFC Gamma (NASDAQ:AFCG – Get Free Report) last issued its quarterly earnings data on Thursday, March 7th. The company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.49 by $0.01. The business had revenue of $15.97 million during the quarter, compared to analyst estimates of $18.06 million. AFC Gamma had a net margin of 30.38% and a return on equity of 12.10%. During the same period in the prior year, the business earned $0.61 EPS. On average, analysts expect AFC Gamma to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
AFC Gamma Trading Up 1.6 %
Shares of AFCG opened at $12.40 on Tuesday. AFC Gamma has a 1-year low of $9.91 and a 1-year high of $14.60. The company has a current ratio of 4.87, a quick ratio of 4.87 and a debt-to-equity ratio of 0.13. The firm’s 50-day moving average price is $11.99 and its 200-day moving average price is $11.75. The firm has a market capitalization of $256.27 million, a price-to-earnings ratio of 12.16 and a beta of 1.04.
AFC Gamma Dividend Announcement
AFC Gamma Company Profile
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.
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