Chicago Atlantic Real Estate Finance, Inc. (REFI)

Market Cap	304.38M
Revenue (ttm)	55.19M
Net Income (ttm)	37.29M
Shares Out	19.62M
EPS (ttm)	1.97
PE Ratio	7.86
Forward PE	8.13
Dividend	$1.88 (12.15%)
Ex-Dividend Date	Sep 30, 2024

Volume	70,595
Open	15.41
Previous Close	15.47
Day's Range	15.37 - 15.51
52-Week Range	13.86 - 17.65
Beta	0.24
Analysts	Buy
Price Target	20.00 (+28.95%)
Earnings Date	Nov 6, 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
• Website: https://www.refi.reit

Financial Performance

In 2023, REFI's revenue was $56.21 million, an increase of 24.99% compared to the previous year's $44.97 million. Earnings were $38.71 million, an increase of 19.87%.

Analyst Forecast

According to 2 analysts, the average rating for REFI stock is "Buy." The 12-month stock price forecast is $20.0, which is an increase of 28.95% from the latest price.

Price Target

$20.0

(28.95% upside)

Analyst Consensus: Buy