NNLRF
Price:
$0.42
Market Cap:
$3.33M
This Real Estate Investment Trust (REIT) focuses on purchasing specialized industrial and retail properties across the United States, which are then leased to highly experienced, top-tier, and creditworthy state-licensed operators for their regulated cannabis facilities (referred to as 'Licensed Facilities'). Its acquisition strategy primarily involves sale-leaseback transactions, through which it provides triple net leases for an intended duration of 10 to 15 years, actively seeking annual rental rate increases. The REIT's investment portfolio will exclusively comprise Licensed Facilities within the U.S., targeting a specific allocation of 80% to cultivation, growing, and processing sites, ...[Read more]
Industry
REIT - Specialty
IPO Date
2022-09-15
Stock Exchange
OTC
Ticker
NNLRF
According to Nova Net Lease REIT’s latest financial reports and current stock price. The company's current ROE is 9.98%. This represents a change of -730.00% compared to the average of -1.58% of the last 4 quarters.
The mean historical ROE of Nova Net Lease REIT over the last ten years is -67.12%. The current 9.98% ROE has changed -114.87% with respect to the historical average. Over the past ten years (40 quarters), NNLRF's ROE was at its highest in in the December 2022 quarter at 62.52%. The ROE was at its lowest in in the December 2021 quarter at -247.12%.
Average
-67.12%
Median
7.60%
Minimum
-277.53%
Maximum
68.58%
Discovering the peaks and valleys of Nova Net Lease REIT ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 0%
Maximum Annual ROE = 68.58%
Minimum Annual Increase = -124.71%
Minimum Annual ROE = -277.53%
| Year | ROE | Change |
|---|---|---|
| 2023 | 7.60% | -88.92% |
| 2022 | 68.58% | -124.71% |
The current ROE of Nova Net Lease REIT (NNLRF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-67.12%
5-year avg
-67.12%
10-year avg
-67.12%
Nova Net Lease REIT’s ROE is greater than Office Properties Income Trust (-34.73%), less than Pennsylvania Real Estate Investment Trust (1.19%), greater than Kingwell Group Limited (-5.39%), greater than Aspen Digital Inc (0%), less than Pennsylvania Real Estate Investment Trust (1.19%), less than Pennsylvania Real Estate Investment Trust (1.19%), less than Urbi, Desarrollos Urbanos, S.A.B. de C.V. (19.28%), less than Holiday Island Holdings, Inc. (307.06%), less than Pacific Oak Strategic Opportunity REIT, Inc. (75.58%), greater than Strategic Realty Trust, Inc. (-104.65%),
| Company | ROE | Market cap |
|---|---|---|
| -34.73% | $14.79K | |
| 1.19% | $2.66M | |
| -5.39% | $2.89M | |
| 0% | $1.68M | |
| 1.19% | $2.29M | |
| 1.19% | $2.24M | |
| 19.28% | $4.42M | |
| 307.06% | $4.46M | |
| 75.58% | $108.10M | |
| -104.65% | $860.24K |
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