Chicago Atlantic Real Estate Finance, Inc. (REFI)
| Market Cap | 239.56M -10.1% |
| Revenue (ttm) | 48.84M -13.7% |
| Net Income | 29.41M -22.7% |
| EPS | 1.36 -26.0% |
| Shares Out | 25.62M |
| PE Ratio | 6.88 |
| Forward PE | 5.65 |
| Dividend | $1.88 (20.11%) |
| Ex-Dividend Date | Sep 30, 2026 |
| Volume | 192,106 |
| Open | 9.41 |
| Previous Close | 9.42 |
| Day's Range | 9.25 - 9.41 |
| 52-Week Range | 9.25 - 13.49 |
| Beta | 0.34 |
| Analysts | Buy |
| Price Target | 15.13 (+61.82%) |
| Est. Earnings | Nov 3, 2026 |
About REFI
Chicago Atlantic Real Estate Finance, Inc. operates as a commercial mortgage real estate investment trust in the United States. It engages in originating, structuring, and investing in first mortgage loans and alternative structured financings secured by commercial real estate properties. The company’s loan portfolio is comprised of senior loans to state-licensed operators in the cannabis industry. It 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 at ... [Read more]
Financial Performance
In 2025, REFI's revenue was $54.66 million, a decrease of -1.58% compared to the previous year's $55.53 million. Earnings were $36.01 million, a decrease of -2.79%.
Financial StatementsAnalyst Summary
According to 5 analysts, the average rating for REFI stock is "Buy." The 12-month stock price target is $15.13, which is an increase of 61.82% from the latest price.
News
Marijuana Stocks And The Cannabis Industry: What Investors Should Watch
Marijuana stocks are entering a new phase as stronger consumer demand, regulatory progress, and improved access to U.S. capital markets compete with persistent pricing and profitability pressures. The...
Chicago Atlantic Real Estate Finance Declares Common Stock Dividend of $0.47 for the Third Quarter of 2026
CHICAGO, Sept. 16, 2026 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI), a commercial mortgage real estate investment trust, announced that its board of directors has dec...
3 High-Dividend Marijuana Stocks to Watch in September 2026
The cannabis sector continues to evolve as investors search for opportunities beyond traditional marijuana producers and dispensary operators. One area attracting attention is cannabis real estate inv...
Chicago Atlantic price target lowered to $16 from $18 at Citizens
Citizens lowered the firm’s price target on Chicago Atlantic (REFI) to $16 from $18 and keeps an Outperform rating on the shares. Chicago Atlantic reported Q2 distributable EPS of 43c,…
Chicago Atlantic BDC, Inc. Reports Second Quarter 2026 Financial Results
NEW YORK, Aug. 13, 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 ...
Chicago Atlantic Real Estate Finance Earnings Call Transcript: Q2 2026
Q2 2026 saw stable portfolio quality and strong loan yields, though distributable earnings lagged the dividend due to capital redeployment timing. A merger with LIEN and the Koach Capital transaction aim to boost scale, diversification, and potential returns.
Chicago Atlantic Real Estate Finance Quarterly report: Q2 2026
Chicago Atlantic Real Estate Finance has published its Q2 2026 quarterly earnings report on August 11, 2026.
Chicago Atlantic Real Estate Finance Earnings release: Q2 2026
Chicago Atlantic Real Estate Finance released its Q2 2026 earnings on August 11, 2026, summarizing the period's financial results.
Chicago Atlantic Real Estate Finance Slides: Q2 2026
Chicago Atlantic Real Estate Finance has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 11, 2026.
Chicago Atlantic Real Estate Finance Proxy statement: Proxy filing
Chicago Atlantic Real Estate Finance filed a proxy statement on August 11, 2026, providing details for shareholder voting and corporate governance matters.
Chicago Atlantic Real Estate Finance Schedules Second Quarter 2026 Earnings Release and Conference Call Date
CHICAGO, July 21, 2026 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) ("Chicago Atlantic" or the “Company”), a commercial mortgage real estate investment trust, announce...
Chicago Atlantic Real Estate Finance, Inc. Announces Second-Lien Financing of Thirty-Two Cannabis Retail Properties
Issued 4,306,754 common shares at price of $14.53 per share in exchange for approximately $62,500,000 of second lien notes secured by thirty-two retail properties Issued 4,306,754 common shares at pri...
Chicago Atlantic Real Estate Finance Transcript: M&A announcement
A merger between two complementary lending platforms will create a larger, more diversified entity focused on cannabis and middle market lending. The all-stock deal, expected to close in Q4 2026, aims to unlock value, improve access to capital, and enhance operational efficiency.
Chicago Atlantic Real Estate Finance Press release: M&A announcement
Chicago Atlantic Real Estate Finance issued a press release on June 18, 2026, disclosing material business information to investors.
Chicago Atlantic Real Estate Finance Slides: M&A announcement
Chicago Atlantic Real Estate Finance has posted slides in relation to its latest quarterly earnings report, which was published on June 18, 2026.
Chicago Atlantic Real Estate Finance Proxy statement: Proxy filing
Chicago Atlantic Real Estate Finance filed a proxy statement on June 18, 2026, providing details for shareholder voting and corporate governance matters.
Chicago Atlantic Real Estate Finance Declares Common Stock Dividend of $0.47 for the Second Quarter of 2026
CHICAGO, June 17, 2026 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI), a commercial mortgage real estate investment trust, announced that its board of directors has decl...
Cannabis REITs Gaining Momentum in 2026: 3 Stocks to Watch
The cannabis sector continues attracting investors in 2026. However, many traders now prefer cannabis REITs over traditional marijuana stocks. These companies offer exposure to the industry while also...
Chicago Atlantic Real Estate Finance Earnings Call Transcript: Q1 2026
Stable Q1 2026 results with $13.1M net interest income and a $414M loan portfolio, despite macro volatility. Federal rescheduling of medical marijuana is expected to improve borrower credit profiles, while risk ratings and CECL reserves increased due to specific loans.
Chicago Atlantic Real Estate Finance Quarterly report: Q1 2026
Chicago Atlantic Real Estate Finance has published its Q1 2026 quarterly earnings report on May 7, 2026.
Chicago Atlantic Real Estate Finance Earnings release: Q1 2026
Chicago Atlantic Real Estate Finance released its Q1 2026 earnings on May 7, 2026, summarizing the period's financial results.
Chicago Atlantic Real Estate Finance Slides: Q1 2026
Chicago Atlantic Real Estate Finance has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 7, 2026.
Chicago Atlantic Real Estate Finance Announces First Quarter 2026 Financial Results
CHICAGO, May 07, 2026 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) (“Chicago Atlantic” or the “Company”), a commercial mortgage real estate investment trust, today ann...
Top 3 Cannabis REIT Stocks to Watch in May 2026 for High Dividend Income
The cannabis sector continues to shift in 2026. Regulatory changes remain a major catalyst. In particular, federal reform discussions are once again gaining attention. If progress happens, operators c...
Chicago Atlantic Real Estate Finance Proxy statement: Proxy filing
Chicago Atlantic Real Estate Finance filed a proxy statement on April 23, 2026, providing details for shareholder voting and corporate governance matters.