Chicago Atlantic Real Estate Finance, Inc. (REFI)

Market Cap	290.63M
Revenue (ttm)	55.53M
Net Income (ttm)	37.05M
Shares Out	20.89M
EPS (ttm)	1.88
PE Ratio	7.40
Forward PE	7.71
Dividend	$2.06 (14.86%)
Ex-Dividend Date	Mar 31, 2025

Volume	70,460
Open	13.89
Previous Close	13.83
Day's Range	13.89 - 13.95
52-Week Range	12.76 - 16.47
Beta	0.32
Analysts	Strong Buy
Price Target	20.00 (+44.25%)
Earnings Date	May 7, 2025

About REFI

Chicago Atlantic Real Estate Finance, Inc. operates as a commercial mortgage real estate investment trust in the United States. The company engages in originating, structuring, and investing in first mortgage loans and alternative structured financings secured by commercial real estate properties. Its portfolio primarily includes first mortgage loans to established multi-state or single-state cannabis operators or property owners. The company has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal co...

• Industry: REIT - Mortgage
• Sector: Real Estate
• IPO Date: Dec 8, 2021
• Country: United States
• Stock Exchange: NASDAQ
• Ticker Symbol: REFI
• Website: https://www.refi.reit

Financial Performance

In 2024, REFI's revenue was $55.53 million, a decrease of -1.20% compared to the previous year's $56.21 million. Earnings were $37.05 million, a decrease of -4.30%.

Analyst Forecast

According to 3 analysts, the average rating for REFI stock is "Strong Buy." The 12-month stock price forecast is $20.0, which is an increase of 44.25% from the latest price.

Price Target

$20.0

(44.25% upside)

Analyst Consensus: Strong Buy