30-Apr-2024
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AFC Gamma, Inc. Schedules First Quarter 2024 Earnings Conference Call for May 9, 2024
Globe Newswire (Wed, 10-Apr 8:30 AM ET)
Globe Newswire (Tue, 26-Mar 8:30 AM ET)
AFC Gamma, Inc. Announces Financial Results for Fourth Quarter and Full Year 2023
Globe Newswire (Thu, 7-Mar 8:33 AM ET)
AFC Gamma to Separate Commercial Real Estate Lending Business into Independent Public Company
Globe Newswire (Thu, 22-Feb 4:15 PM ET)
AFC Gamma Closes Two Syndicated Commercial Real Estate Loans
Globe Newswire (Wed, 7-Feb 4:05 PM ET)
AFC Gamma Inc is a commercial real estate finance company. The company originates, structures, underwrites, and manages senior secured loans and other types of loans for established cannabis industry operators in states that have legalized medicinal and/or adult-use cannabis.
Afc Gamma trades on the NASDAQ stock market under the symbol AFCG.
As of April 30, 2024, AFCG stock price climbed to $12.00 with 69,026 million shares trading.
AFCG has a beta of 1.08, meaning it tends to be more sensitive to market movements. AFCG has a correlation of 0.22 to the broad based SPY ETF.
AFCG has a market cap of $248.01 million. This is considered a Small Cap stock.
Last quarter Afc Gamma reported $16 million in Revenue and $.49 earnings per share. This beat revenue expectation by $183,000 and missed earnings estimates by -$.01.
In the last 3 years, AFCG stock traded as high as $25.50 and as low as $9.91.
The top ETF exchange traded funds that AFCG belongs to (by Net Assets): MJ, VTI, IWM, VXF, REM.
AFCG stock has underperformed the market in the last year with a return of +14.9%, while SPY returned +22.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in AFCG shares. However, AFCG has outperformed the market in the last 3 month and 2 week periods, returning +4.3% and +3.5%, while SPY returned +2.5% and -0.5%, respectively. This indicates AFCG has been having a stronger performance recently.
AFCG support price is $11.70 and resistance is $12.08 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AFCG stock will trade within this expected range on the day.