In a report released today, Aaron Hecht from JMP Securities reiterated a Hold rating on AFC Gamma (AFCG – Research Report). The company’s shares closed yesterday at $11.66.
Hecht covers the Real Estate sector, focusing on stocks such as Alexandria Equities, AFC Gamma, and LTC Properties. According to TipRanks, Hecht has an average return of 2.8% and a 51.08% success rate on recommended stocks.
AFC Gamma has an analyst consensus of Moderate Buy, with a price target consensus of $15.00.
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AFCG market cap is currently $237.3M and has a P/E ratio of 7.23.
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AFC Gamma (AFCG) Company Description:
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.
Read More on AFCG:
- AFC Gamma, Inc. Announces Financial Results for Third Quarter 2023
- AFC Gamma reports Q3 EPS 49c, consensus 49c
- AFC Gamma announces appointment of Neville as new CEO
- AFC Gamma, Inc. Announces Appointment of Daniel Neville as New Chief Executive Officer
- AFC Gamma, Inc. Schedules Third Quarter 2023 Earnings Conference Call for November 8, 2023
