Chicago Atlantic Real Estate Finance, Inc. (REFI)

Market Cap	300.60M
Revenue (ttm)	55.53M
Net Income (ttm)	37.05M
Shares Out	19.63M
EPS (ttm)	1.88
PE Ratio	8.14
Forward PE	8.14
Dividend	$2.60 (16.98%)
Ex-Dividend Date	Dec 31, 2024

Volume	181,054
Open	15.34
Previous Close	15.33
Day's Range	15.09 - 15.77
52-Week Range	14.82 - 16.47
Beta	0.27
Analysts	Strong Buy
Price Target	20.00 (+30.63%)
Earnings Date	Mar 12, 2025

About REFI

Chicago Atlantic Real Estate Finance, Inc. operates as a commercial real estate finance company 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 offers senior loans to state-licensed operators in the cannabis industry. The company has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal corporate income taxes if it distributes ...

• 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 30.63% from the latest price.

Price Target

$20.0

(30.63% upside)

Analyst Consensus: Strong Buy