Chicago Atlantic Real Estate Finance, Inc. (REFI)

Market Cap	283.15M
Revenue (ttm)	57.15M
Net Income (ttm)	38.71M
Shares Out	18.20M
EPS (ttm)	2.11
PE Ratio	7.41
Forward PE	7.22
Dividend	$1.39 (8.96%)
Ex-Dividend Date	Mar 27, 2024

Volume	59,482
Open	15.62
Previous Close	15.71
Day's Range	15.52 - 15.74
52-Week Range	13.67 - 17.65
Beta	0.27
Analysts	Buy
Price Target	17.00 (+9.25%)
Earnings Date	May 7, 2024

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

Financial Performance

In 2023, REFI's revenue was $57.15 million, an increase of 16.97% compared to the previous year's $48.86 million. Earnings were $38.71 million, an increase of 19.87%.

Analyst Forecast

According to 5 analysts, the average rating for REFI stock is "Buy." The 12-month stock price forecast is $17.0, which is an increase of 9.25% from the latest price.

Price Target

$17.0

(9.25% upside)

Analyst Consensus: Buy