Chicago Atlantic Real Estate Finance, Inc. (REFI)

Market Cap	239.64M -23.0%
Revenue (ttm)	49.83M -12.3%
Net Income	30.81M -19.7%
EPS	1.44 -23.4%
Shares Out	21.21M
PE Ratio	7.84
Forward PE	6.33
Dividend	$1.88 (16.64%)
Ex-Dividend Date	Mar 31, 2026

Volume	104,775
Open	11.41
Previous Close	11.41
Day's Range	11.29 - 11.49
52-Week Range	10.74 - 14.97
Beta	0.32
Analysts	Buy
Price Target	16.38 (+44.96%)
Earnings Date	May 7, 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 ...

• 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 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%.

Analyst Summary

According to 5 analysts, the average rating for REFI stock is "Buy." The 12-month stock price target is $16.38, which is an increase of 44.96% from the latest price.

Price Target

$16.38

(44.96% upside)

Analyst Consensus: Buy