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How to Buy Afc Gamma Stock

Afc Gamma Inc

AFC Gamma, Inc. originates, structures, underwrites, and invests in senior secured loans, and other types of loans and debt securities for established companies operating in the cannabis industry in states that have legalized medicinal and/or adult use cannabis.

Afc Gamma stock last closed at $11.78, down 0.08% from the previous day, and has decreased 0.84% in one year. It has overperformed other stocks in the REIT - Specialty industry by 0 percentage points. Afc Gamma stock is currently +18.87% from its 52-week low of $9.91, and -19.32% from its 52-week high of $14.60.

There are currently 20.67M shares of AFCG outstanding. The market cap of AFCG is $243.46M. In the past 24 hours, 48,568 AFCG shares were traded.

How to Buy Afc Gamma Stock

Not sure how to invest in Afc Gamma stock? Here's how.
  1. Decide where to buy Afc Gamma stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Afc Gamma stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Put funds into your brokerage account: Choose your method of payment and add your information.
  4. Research Afc Gamma stock: The Afc Gamma ticker symbol is AFCG. Is Afc Gamma stock a good investment? Should you buy shares of AFCG? How do AFCG's underlying business fundamentals look? Do top analysts think Afc Gamma is a good buy? Why has AFCG's stock price moved recently? (Hint: Our stock analysis website can help you decide if AFCG is a good stock to buy).
  5. Place your AFCG purchase: Decide if you will purchase AFCG shares at the current market price or use a limit order to buy AFCG stock at a particular price.
  6. Keep tabs on your AFCG position: Create a watchlist to keep track of your position in Afc Gamma shares.

Step 1: Decide where to buy Afc Gamma stock

You will need an online brokerage account to access the NASDAQ market and buy AFCG stock.

A brokerage account allows you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've selected your brokerage, you'll need to fill out some personal details so you are able to buy AFCG stock today.

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  1. Submit your information by hitting the "Create Account" button.
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Step 3: Put funds into your brokerage account

Now that you've finished signing up on the best app for stock investing, your next step is to transfer the money for your investment:

Check out the tutorial below to see the process of transferring money into your new brokerage account.

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Step 4: Research Afc Gamma stock

After you have identified the best place to buy Afc Gamma stock, it's crucial to analyze their stock prior to buying, so you truly comprehend the risk and opportunity.

Afc Gamma shares data

AFCG Price
$11.78
1w %
3.79%
1y %
-0.84%
5y %
N/A
P/E
11.55x
P/B
0.76x
P/S
3.73x
PEG
0.23x
Revenue
$64.18M
Earnings
$20.95M
Fore. Rev. Growth
14.31%
Fore. Earn. Growth
N/A
Market Cap
$243.46M
Next Earnings
May 9, 2024
Next Dividend
N/A

Afc Gamma Overview

WallStreetZen was designed to help average investors do more accurate fundamental analysis quickly.

You can see all of the due diligence checks on AFCG's stock page.

Is AFCG stock undervalued or overvalued?

You can use many financial metrics, analyses, models, and charts to gauge AFCG's true value.

Using relative valuations measures:

  • AFCG could be undervalued based on its P/E ratio of 11.55x, relative to REIT - Specialty industry P/E ratio of 51.87x
  • AFCG could be undervalued based on its P/B ratio of 0.76x, relative to REIT - Specialty industry P/B ratio of 5.68x
  • AFCG may be undervalued based on its PEG ratio of 0.23x

You can do additional valuation analysis on AFCG's stock here.

A look at AFCG Cashflows and Balance Sheet

Pros:

  • AFCG earnings of $22.61M is not sufficient to cover its interest payments.

Cons:

  • AFCG profit margin has gone down from 48.1% to 32.6% in the past year.
  • AFCG has a relatively high debt to equity ratio of 0.46.
  • AFCG's operating cash flow of $21.23M allows it to safely service it's debt of $130.01M.

You can dive deeper into what analysts are forecasting on the Afc Gamma stock forecast page.

Metrics for Advanced AFCG Traders

SMA10
11.63
SMA20
11.83
SMA50
11.89
SMA100
11.93
SMA200
12.08
MACD
-0.12
MACD Signal
-0.12
MACD Histogram
0
RSI
47.54
Stochastic %K
52.83
Stochastic %D
43.84
StochRSI %K
93.74
StochRSI %D
84.16

AFCG Performance Numbers

Last year, AFCG earnings were $20.95M. Over the past three year, AFCG's earnings have increased by 69.94% per year. This was faster than the REIT - Specialty industry average of 13.64%.

Last year, AFCG revenue was $64.18M. Over the last 3 year, AFCG's revenue has grown by 223.9% per year. This was faster than the REIT - Specialty industry average of 7.97%.

Dive into AFCG's earnings and revenue performance here.

Who is buying/selling AFCG?

Over the last 12 months, insiders at AFCG have bought more shares than they have sold.

Jodi Hanson Bond, Director of AFCG, was the latest AFCG insider to buy. They bought $14,999.40 worth of AFCG shares on Jan 24, 2024.

Get more info about who owns AFCG shares here.

Can I get consistent income from AFCG stock?

No, Afc Gamma doesn't provide an income stream by paying out dividends.

What others are saying about AFCG

One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Place your AFCG purchase

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are mostly sufficient.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a given price limit, use a limit order.

Press the Open button and eToro will place the order.

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Step 6: Keep tabs on your AFCG position

Now that you own some AFCG shares, you'll want to stay up-to-date on your new investment.

Add AFCG to a watchlist to get notified of important updates regarding your AFCG stock.

AFCG Feed

How to Buy Stock in Afc Gamma

To summarize, here are the 6 steps for buying Afc Gamma stock:

  1. Decide where to buy Afc Gamma stock
  2. Sign up for your brokerage account
  3. Put funds into your brokerage account
  4. Research Afc Gamma stock
  5. Place your AFCG purchase
  6. Keep tabs on your AFCG position

If you need a brokerage account, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest news on your investment in Afc Gamma, get started below.

NASDAQ: AFCG
$11.78-0.01 (-0.08%)
Updated Apr 24, 2024
Open eToro Account
NASDAQ: AFCG
$11.78-0.01 (-0.08%)
Updated Apr 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Afc Gamma share?

As of Apr 24, 2024, it costs $11.78 to buy one share of Afc Gamma stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $5, you can buy 0.424 shares of AFCG.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Afc Gamma stock?

One way to place an order for Afc Gamma stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.