Chicago Atlantic BDC, Inc. (LIEN)

NASDAQ: LIEN · Real-Time Price · USD
9.89
+0.07 (0.71%)
At close: May 22, 2026, 4:00 PM EDT
9.99
+0.10 (1.01%)
After-hours: May 22, 2026, 7:22 PM EDT
Market Cap225.70M -2.0%
Revenue (ttm)59.08M +91.6%
Net Income34.20M +104.6%
EPS1.50 +30.0%
Shares Out 22.82M
PE Ratio6.60
Forward PE6.09
Dividend$1.36 (13.75%)
Ex-Dividend DateJun 26, 2026
Volume48,354
Open9.83
Previous Close9.82
Day's Range9.80 - 10.00
52-Week Range8.92 - 11.44
Beta0.23
AnalystsBuy
Price Target11.00 (+11.22%)
Earnings DateMay 14, 2026

About LIEN

Silver Spike Investment Corp., is a a business development company. It is a specialty finance company, focuses on investing across the cannabis ecosystem through investments in the form of direct loans to, and equity ownership of, privately held cannabis companies. It intends to partner with private equity firms, entrepreneurs, business owners, and management teams to provide credit and equity financing alternatives to support buyouts, recapitalizations, growth initiatives, refinancings, and acquisitions across cannabis companies, including can... [Read more]

Sector Financials
IPO Date Feb 4, 2022
Country United States
Stock Exchange NASDAQ
Ticker Symbol LIEN
Full Company Profile

Financial Performance

In 2025, Chicago Atlantic BDC's revenue was $54.30 million, an increase of 150.64% compared to the previous year's $21.67 million. Earnings were $33.28 million, an increase of 245.85%.

Financial Statements

Analyst Summary

According to 2 analysts, the average rating for LIEN stock is "Buy." The 12-month stock price target is $11.0, which is an increase of 11.22% from the latest price.

Price Target
$11.0
(11.22% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Chicago Atlantic BDC Q1 Earnings Call Highlights

Chicago Atlantic BDC NASDAQ: LIEN reported record first-quarter 2026 net investment income as management pointed to strong loan deployments, a senior secured portfolio and limited exposure to interest...

10 days ago - MarketBeat

Chicago Atlantic BDC Earnings Call Transcript: Q1 2026

Record net investment income and portfolio growth in Q1 2026, driven by strong origination and a focus on senior secured lending in cannabis and non-cannabis markets. Regulatory changes and a robust pipeline support a positive outlook, with ample liquidity and low leverage maintained.

10 days ago - Transcripts

Chicago Atlantic BDC Quarterly report: Q1 2026

Chicago Atlantic BDC has published its Q1 2026 quarterly earnings report on May 14, 2026.

10 days ago - Filings

Chicago Atlantic BDC Slides: Q1 2026

Chicago Atlantic BDC has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 14, 2026.

10 days ago - Filings

Chicago Atlantic BDC Earnings release: Q1 2026

Chicago Atlantic BDC released its Q1 2026 earnings on May 14, 2026, summarizing the period's financial results.

10 days ago - Filings

Chicago Atlantic BDC, Inc. Declares $0.34 Cash Dividend for Second Quarter 2026

NEW YORK, May 14, 2026 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. (“the “Company”) (NASDAQ: LIEN), a specialty finance company that has elected to be regulated as a business development company, t...

10 days ago - GlobeNewsWire

Chicago Atlantic BDC, Inc. Reports First Quarter 2026 Financial Results

NEW YORK, May 14, 2026 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. (“LIEN” or the “Company”) (NASDAQ: LIEN), a specialty finance company that has elected to be regulated as a business development c...

10 days ago - GlobeNewsWire

Chicago Atlantic BDC announces $500M mixed securities shelf

Chicago Atlantic BDC (LIEN) announced that it has filed a shelf registration statement with the SEC, that once declared effective, will allow the company to issue up to $500M of…

13 days ago - TheFly

Chicago Atlantic BDC, Inc. Announces Filing of a Shelf Registration Statement to Enhance Financial Flexibility and Support Portfolio Growth

NEW YORK, May 11, 2026 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. (the “Company”) (NASDAQ: LIEN), a specialty finance company that has elected to be regulated as a business development company, to...

13 days ago - GlobeNewsWire

Chicago Atlantic BDC, Inc. Announces 2026 Annual Meeting of Stockholders' Date

NEW YORK, May 01, 2026 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. (“LIEN” or the “Company”) (NASDAQ: LIEN), a specialty finance company that has elected to be regulated as a business development c...

23 days ago - GlobeNewsWire

Chicago Atlantic BDC Proxy statement: Proxy filing

Chicago Atlantic BDC filed a proxy statement on April 30, 2026, providing details for shareholder voting and corporate governance matters.

24 days ago - Filings

Chicago Atlantic BDC, Inc. Announces Date for First Quarter 2026 Results Release and Conference Call

NEW YORK, April 28, 2026 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. (the “Company”) (NASDAQ: LIEN), a specialty finance company that has elected to be regulated as a business development company, ...

26 days ago - GlobeNewsWire

Chicago Atlantic BDC Earnings Call Transcript: Q4 2025

Q4 2025 saw strong net investment income and portfolio growth, with a 15.8% yield and no non-accruals. The investment pipeline expanded to $732 million, driven by M&A and positive cannabis policy momentum, while maintaining low leverage and high senior secured exposure.

2 months ago - Transcripts

Chicago Atlantic BDC Earnings release: Q4 2025

Chicago Atlantic BDC released its Q4 2025 earnings on March 19, 2026, summarizing the period's financial results.

2 months ago - Filings

Chicago Atlantic BDC Annual report: Q4 2025

Chicago Atlantic BDC has published its Q4 2025 annual report on March 19, 2026.

2 months ago - Filings

Chicago Atlantic BDC Slides: Q4 2025

Chicago Atlantic BDC has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on March 19, 2026.

2 months ago - Filings

Chicago Atlantic BDC reports Q4 NII per share 36c vs. 35c last quarter

Reports total investment income $14.2M vs. $12.6M last year. As of December 31, 2025, NAV per share was $13.30 compared with $13.27 as of September 30, 2025 and $13.20 as…

2 months ago - TheFly

Chicago Atlantic BDC, Inc. Announces Fourth Quarter and Full Year 2025 Financial Results Conference Call

NEW YORK, March 03, 2026 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. (the “Company”) (NASDAQ: LIEN), a specialty finance company that has elected to be regulated as a business development company, ...

2 months ago - GlobeNewsWire

Chicago Atlantic BDC Transcript: Fireside chat

The discussion highlighted the unique risk-reward profile and downside protection in cannabis lending, the impact of regulatory changes, and the importance of strong origination and underwriting platforms. Despite capital constraints and sector headwinds, established lenders are positioned to benefit from future market openness.

4 months ago - Transcripts

Chicago Atlantic BDC management to meet virtually with Oppenheimer

Virtual Meeting to be held on December 11 hosted by Oppenheimer.

5 months ago - TheFly

Chicago Atlantic BDC, Inc. to Participate in Noble Capital Markets 21st Annual Emerging Growth Equity Conference

NEW YORK, Nov. 21, 2025 (GLOBE NEWSWIRE) -- Chicago Atlantic BDC, Inc. (the “Company”) (NASDAQ: LIEN), a specialty finance company that has elected to be regulated as a business development company, t...

6 months ago - GlobeNewsWire

Chicago Atlantic BDC Earnings Call Transcript: Q3 2025

Record new originations and strong net investment income drove portfolio growth and a well-covered dividend. The portfolio remains highly senior secured, under-levered, and differentiated, with robust liquidity and a disciplined approach to risk and underwriting.

6 months ago - Transcripts

Chicago Atlantic BDC Earnings release: Q3 2025

Chicago Atlantic BDC released its Q3 2025 earnings on November 13, 2025, summarizing the period's financial results.

6 months ago - Filings

Chicago Atlantic BDC Quarterly report: Q3 2025

Chicago Atlantic BDC has published its Q3 2025 quarterly earnings report on November 13, 2025.

6 months ago - Filings

Chicago Atlantic BDC Slides: Q3 2025

Chicago Atlantic BDC has posted slides in relation to its Q3 2025 quarterly earnings report, which was published on November 13, 2025.

6 months ago - Filings