|Bid||0.00 x 900|
|Ask||0.00 x 1000|
|Day's Range||22.22 - 23.22|
|52 Week Range||19.75 - 25.50|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||12.57|
|Earnings Date||Nov 04, 2021|
|Forward Dividend & Yield||1.72 (7.38%)|
|Ex-Dividend Date||Sep 29, 2021|
|1y Target Est||27.79|
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Patient, long-term investors tend to do better in the stock market than those who flit in and out of the market, as the S&P 500 has risen almost 270% over the past decade and sets new records almost daily. Having a time horizon that spans years, even decades, will serve marijuana investors well, considering the Horizons Marijuana Life Sciences ETF is down almost 30% since it was created in 2017, compared to a 115% gain by the broad market index.
AFCG earnings call for the period ending September 30, 2021.
AFC Gamma Inc. (NASDAQ: AFCG) released its results Thursday for the quarter ended September 30, 2021, reporting net income of $7.9 million versus net income of $2.11 million in the same period of the prior year. The cannabis-focused commercial real estate finance company also disclosed adjusted earnings per share of $0.44, compared to adjusted EPS of $0.22 in the same quarter of 2020. Q2 Financial Highlights Distributable earnings reached $7.2 million, which compares to $542,450 in the second qu