Chicago Atlantic Real Estate Finance, Inc. (REFI)

NASDAQ: REFI · Real-Time Price · USD
11.89
+0.03 (0.25%)
Apr 15, 2026, 1:00 PM EDT - Market open
Market Cap250.64M -22.2%
Revenue (ttm)54.66M -1.6%
Net Income36.01M -2.8%
EPS1.68 -10.6%
Shares Out 21.08M
PE Ratio7.07
Forward PE6.90
Dividend$1.88 (15.83%)
Ex-Dividend DateMar 31, 2026
Volume118,250
Open11.89
Previous Close11.86
Day's Range11.63 - 11.93
52-Week Range10.74 - 15.20
Beta0.30
Analystsn/a
Price Targetn/a
Earnings DateMay 6, 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]

IPO Date Dec 8, 2021
Country United States
Stock Exchange NASDAQ
Ticker Symbol REFI
Full Company Profile

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 Statements

News

3 Cannabis REITs Positioned for Growth in 2026

The cannabis sector continues evolving in 2026, and REITs are gaining attention again. These companies offer exposure without directly selling cannabis. Instead, they generate income through leasing a...

Other symbols: IIPR
1 day ago - MarijuanaStocks

Best Cannabis REITs and Lenders to Watch This April 2026

The U.S. cannabis industry continues to expand despite regulatory uncertainty. However, ancillary companies remain critical to its long-term growth. These businesses provide real estate and financing ...

Other symbols: IIPR
13 days ago - MarijuanaStocks

Top 3 Cannabis REITs to Watch in March 2026 for High Dividend Income

The cannabis sector continues evolving as new catalysts reshape long-term growth expectations. Federal rescheduling discussions remain a major driver for the industry. In fact, potential policy change...

Other symbols: IIPR
27 days ago - MarijuanaStocks

Chicago Atlantic Real Estate Finance Declares Common Stock Dividend of $0.47 for the First Quarter of 2026

CHICAGO, March 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...

4 weeks ago - GlobeNewsWire

Chicago Atlantic Real Estate Finance Announces Fourth Quarter 2025 Financial Results

CHICAGO, March 12, 2026 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) (“Chicago Atlantic” or the “Company”), a commercial mortgage real estate investment trust, today a...

4 weeks ago - GlobeNewsWire

High-Yield Cannabis REITs to Watch in March 2026

The cannabis sector continues to evolve in early 2026. However, volatility remains a defining feature. Multi-state operators still face pricing pressure. At the same time, capital remains tight across...

Other symbols: IIPR
6 weeks ago - MarijuanaStocks

Cannabis REITs and Lenders to Watch as the Industry Stabilizes

The U.S. cannabis industry continues to evolve in 2026. Although operators face margin pressure, the long-term outlook remains compelling. Industry sales are projected to exceed $40 billion in the com...

Other symbols: IIPR
7 weeks ago - MarijuanaStocks

Chicago Atlantic Real Estate Finance Schedules Fourth Quarter 2025 Earnings Release and Conference Call Date

CHICAGO, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) ("Chicago Atlantic" or the “Company”), a commercial mortgage real estate investment trust, announce...

2 months ago - GlobeNewsWire

3 Cannabis REIT Stocks Offering Income Potential in Q1 2026

The cannabis industry continues to evolve as legalization expands and regulations slowly improve. While many investors focus on plant-touching companies, others prefer lower-risk exposure. This is whe...

Other symbols: IIPR
2 months ago - MarijuanaStocks

3 Cannabis REITs Investors Are Watching Closely in January 2026

The cannabis sector continues evolving as capital markets slowly reopen. However, volatility remains high for plant-touching cannabis operators. Because of that, many investors look toward cannabis re...

Other symbols: IIPR
2 months ago - MarijuanaStocks

Chicago Atlantic Chief Executive Officer Peter Sack to Participate in Fireside Chat with Zuanic and Associates

NEW YORK, Jan. 13, 2026 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI), and Chicago Atlantic BDC, Inc. (NASDAQ: LIEN) announced that Chief Executive Officer Peter Sack w...

3 months ago - GlobeNewsWire

3 Marijuana Stocks That Can Make You Money In 2026

What are the thoughts and strategies for marijuana stock investors in 2026? This year will be another turning point for the cannabis industry as a whole. Particularly in the United States, 2026 is gea...

Other symbols: IIPR
3 months ago - MarijuanaStocks

Income-Focused Ancillary Cannabis Stocks to Watch Heading Into 2026

The U.S. cannabis industry continues to evolve as legalization momentum slowly expands. Sales have grown across both medical and adult-use markets. Analysts expect long-term demand to keep rising as m...

Other symbols: IIPR
3 months ago - MarijuanaStocks

3 Cannabis REITs Investors Are Watching Closely in December 2025

Cannabis real estate investment trusts remain a unique way to gain sector exposure. Instead of selling cannabis, these companies collect rent or interest. As a result, they reduce direct operational r...

Other symbols: IIPR
4 months ago - MarijuanaStocks

Chicago Atlantic Real Estate Finance Declares Common Stock Dividend of $0.47 for the Fourth Quarter of 2025

CHICAGO, Dec. 19, 2025 (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...

4 months ago - GlobeNewsWire

Cannabis REITs to Watch This December

Ancillary cannabis companies remain a fascinating part of the industry because they help it operate without touching the plant. These companies supply real estate, financing, or essential services. Be...

Other symbols: IIPR
4 months ago - MarijuanaStocks

3 Top Marijuana Stocks To Watch In Today's Stock Market

The push for better cannabis reform is and seems to be an ongoing battle. Now, from the time the first state legalized cannabis, there has been tremendous growth and opportunity. This led other states...

Other symbols: IIPR
4 months ago - MarijuanaStocks

Three Leading Ancillary Cannabis Stocks Poised for Growth in November 2025

The ancillary cannabis sector continues to draw new interest as the industry navigates a shifting landscape in late 2025. Many investors remain cautious about traditional plant-touching companies beca...

Other symbols: IIPR
5 months ago - MarijuanaStocks

Cannabis REITs and Financing Firms to Consider in November 2025

The U.S. cannabis sector continues to expand as more states adopt medical or adult-use legalization. Although plant-touching companies attract most headlines, ancillary cannabis stocks have become inc...

Other symbols: IIPR
5 months ago - MarijuanaStocks

3 Top Marijuana Stocks For Better Investing And Larger Profits In 2026

The continuous evolution and future outlook on legal cannabis is what keeps investors in the game. After a long battle to see any true stable trading momentum, it has for some time worked the same for...

Other symbols: IIPR
5 months ago - MarijuanaStocks

Top 3 Cannabis REITs to Watch in October 2025: Dividend Income Meets Industry Growth

The U.S. cannabis industry continues to expand rapidly, with sales projected to surpass $40 billion in 2025. Analysts expect nationwide revenue could exceed $70 billion by 2030 as more states legalize...

Other symbols: IIPR
6 months ago - MarijuanaStocks

Directors and Officers of Chicago Atlantic Real Estate Finance Purchase 54,000 Shares of Common Stock on the Open Market

CHICAGO, Oct. 17, 2025 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) (“Chicago Atlantic” or the “Company”), a commercial mortgage real estate investment trust, today an...

6 months ago - GlobeNewsWire

Chicago Atlantic Real Estate Finance Schedules Third Quarter 2025 Earnings Release and Conference Call Date

CHICAGO, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) ("Chicago Atlantic" or the “Company”), a commercial mortgage real estate investment trust, announce...

6 months ago - GlobeNewsWire

3 Cannabis REITs Leading the Marijuana Stock Market in October 2025

The cannabis real estate sector is drawing renewed attention this week. Amid volatility in broader markets, top cannabis REITs stand out as vehicles to access cannabis industry upside without touching...

Other symbols: IIPR
6 months ago - MarijuanaStocks

Chicago Atlantic Real Estate Finance Declares Common Stock Dividend of $0.47 for the Third Quarter of 2025

CHICAGO, Sept. 15, 2025 (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...

7 months ago - GlobeNewsWire