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AFC Gamma (AFCG) News and press releases

News

From Benzinga Pro

Compass Point Maintains Neutral Rating for AFC Gamma: Here's What You Need To Know

Analyst Ratings

Compass Point has decided to maintain its Neutral rating of AFC Gamma (NASDAQ:AFCG) and lower its price target from $20.00 to $17.50. Shares of AFC Gamma are trading down 4.66% over the last 24 hours, at $17.00 per share. A move to $17.50 would account for a 2.94% increase from the current share price.

Compass Point Maintains Neutral on AFC Gamma, Lowers Price Target to $17.5

News, Price Target, Analyst Ratings

Compass Point analyst Merrill Ross maintains AFC Gamma (NASDAQ:AFCG) with a Neutral and lowers the price target from $20 to $17.5.

JMP Securities Maintains Market Outperform on AFC Gamma, Lowers Price Target to $25

News, Price Target, Analyst Ratings

JMP Securities analyst Aaron Hecht maintains AFC Gamma (NASDAQ:AFCG) with a Market Outperform and lowers the price target from $29 to $25.

Recap: AFC Gamma Q1 Earnings

AFC Gamma (NASDAQ:AFCG) reported its Q1 earnings results on Tuesday, May 10, 2022 at 08:00 AM. Here's what investors need to know about the announcement.

AFC Gamma Touts Strong Performance In Q1, Steady Dividend Growth

Cannabis, Earnings, News, Small Cap, Markets

AFC Gamma, Inc. (NASDAQ: AFCG) reported its results for the first quarter of 2022.

AFC Gamma Q1 EPS $0.62 Beats $0.57 Estimate

AFC Gamma (NASDAQ:AFCG) reported quarterly earnings of $0.62 per share which beat the analyst consensus estimate of $0.57 by 8.77 percent. This is a 37.78 percent increase over earnings of $0.45 per share from the same

Earnings Scheduled For May 10, 2022

Earnings, News, Pre-Market Outlook, Markets

Companies Reporting Before The Bell • The Middleby (NASDAQ:MIDD) is expected to report quarterly earnings at $2.10 per share on revenue of $935.99 million.

AFC Gamma Enters Into $60M Senior Secured Revolving Credit Facility With Commitments From Two FDIC-Insured Banks

Cannabis, News, Small Cap, Markets

AFC Gamma, Inc. (NASDAQ: AFCG) has entered into a senior secured revolving credit facility with $60 million of current commitments from two FDIC-insured banks and the ability to increase the facility to $100 million.

Stocks That Hit 52-Week Lows On Wednesday

News, Options, Intraday Update, Markets, Movers, Trading Ideas

Wednesday's session saw 784 companies set new 52-week lows.

Stocks That Hit 52-Week Lows On Friday

News, Options, Intraday Update, Markets, Movers, Trading Ideas

On Friday, 431 companies hit new 52-week lows.

Biden Administration Dodges Marijuana Decriminalization Question: Will Joe Legalize It?

Cannabis, News, Regulations, Politics, Small Cap, Top Stories, Markets, General

The unofficial marijuana holiday 4/20 on Wednesday once again stirred up discussion among top lawmakers and officials in the U.S. about the drug's legal status.

Stocks That Hit 52-Week Lows On Thursday

News, Options, Intraday Update, Markets, Movers, Trading Ideas

On Thursday, 236 companies hit new 52-week lows.

AFC Gamma Provides Bloom Medicinals With $82.5M Senior Secured Credit Facility

Cannabis, News, Small Cap, Markets

AFC Gamma, Inc. (NASDAQ: AFCG) has provided a senior secured credit facility of up to $82.5 million to Bloom Medicinals Holding Company and certain of its affiliates, a privately held multi-state cannabis operator with licenses in Missouri, New Jersey and Ohio.

EXCLUSIVE: Why This Cannabis Finance Exec Fears The SAFE Banking Act May Not Survive In Present Form

Cannabis, News, Politics, Small Cap, Events, Exclusives, Markets, General

Leonard Tannenbaum, founder, chairman and CEO of AFC Gamma Inc (NASDAQ: AFCG), does not hold much hope the SAFE Banking Act will pass into law this year

Stocks That Hit 52-Week Lows On Wednesday

News, Options, Intraday Update, Markets, Movers, Trading Ideas

On Wednesday, 160 companies hit new 52-week lows.

From Benzinga's Cannabis Capital Conference: Advanced Flower Capital CEO, Leonard Tannenbaum Says 'We Really Focused On Only Limited License States Like Florida, Ohio, Pennsylvania, And Connecticut Is Going To be Exciting'

Exclusives, Interview

https://www.youtube.com/watch?v=Hd4vKAWZUtU

A New Fund For 4/20: Here Are The Details Of The Roundhill Cannabis ETF

Cannabis, News, Penny Stocks, Specialty ETFs, New ETFs, Small Cap, Top Stories, Markets, ETFs

Another cannabis-themed ETF is hitting the public markets and its launch coincides with a day that fans of cannabis know all too well.

'Ancillary Cannabis Stocks Gain 2.7% in March' -Article From Alan Brochstein's New Cannabis Ventures

Cannabis, News, Markets

https://www.newcannabisventures.com/ancillary-cannabis-stocks-gain-2-7-in-march/

AFC Gamma Earnings Perspective: Return On Capital Employed

Pulled from Benzinga Pro data, AFC Gamma (NASDAQ:AFCG) showed a loss in earnings since Q3, totaling $7.04 million. Sales, on the other hand, increased by 77.66% to $14.09 million during Q4.

The World's Biggest Cannabis Investing Lands In Miami, Apr. 20 & 21

Cannabis, News, Penny Stocks, Small Cap, Events, Markets, General

The 14th Benzinga Cannabis Capital Conference, the world’s biggest and most successful cannabis investing and finance event, will take place on April 20 and April 21, 2022, at the Fontainebleau Miami Beach hotel, in Miami, Florida.

Press releases

From Benzinga Pro

AFC Foundation Announces Charitable Donations to Three Non-Profit Organizations

Donations made to Pennsylvania Court Appointed Special Advocates Association (PA CASA), Yo Soy Ella and The Weldon Project WEST PALM BEACH, Fla., May 17, 2022 /PRNewswire/ -- AFC Foundation, a nonprofit organization

AFC Gamma, Inc. Announces Financial Results for First Quarter 2022

Earnings, Press Releases

WEST PALM BEACH, Fla., May 10, 2022 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (NASDAQ:AFCG) ("AFCG" or "AFC Gamma") today announced its results for the first quarter of 2022. First Quarter 2022 Highlights Net income of

AFC Gamma, Inc. Schedules First Quarter 2022 Earnings Conference Call for May 10, 2022

News, Press Releases

WEST PALM BEACH, Fla., April 26, 2022 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (NASDAQ:AFCG) ( "AFC Gamma") today announced that it plans to report earnings for the first quarter ended March 31, 2022 on Tuesday, May 10,

AFC Gamma Provides Bloom Medicinals with $82.5 Million Senior Secured Credit Facility

News, Contracts, Press Releases

WEST PALM BEACH, Fla., April 21, 2022 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (NASDAQ:AFCG) ("AFC Gamma") today announced that it has provided a senior secured credit facility of up to $82.5 million to Bloom Medicinals

AFC Gamma, Inc. Announces Financial Results for Fourth Quarter and Full Year 2021

Earnings, Press Releases

Increased dividend to $0.55 per share of common stock for Q1 2022, up 10% from prior quarterIncreased total commitments to $419.2 million as of December 31, 2021, up 288% from end of 2020Company to host a conference call

Verano Draws US$100 Million to Fund Strategic Growth Initiatives, and Adds an Option for Up to an Additional US$175 Million

Funding follows previously-announced intention to draw US$100 million under existing credit agreement, providing Verano with flexibility to drive internal expansion efforts and near- and long-term growth strategies