Chicago Atlantic Real Estate Finance, Inc. (REFI)
NASDAQ: REFI · IEX Real-Time Price · USD
15.92
+0.09 (0.57%)
At close: May 2, 2024, 4:00 PM
15.79
-0.13 (-0.82%)
After-hours: May 2, 2024, 5:03 PM EDT
REFI Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for REFI stock have an average target of 17, with a low estimate of 16 and a high estimate of 20. The average target predicts an increase of 6.78% from the current stock price of 15.92.
Analyst Consensus: Buy
* Price targets were last updated on Mar 13, 2024.
Analyst Ratings
The average analyst rating for REFI stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Zuanic & Associates | Zuanic & Associates | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Apr 11, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $20 | Buy | Reiterates | $20 | +25.63% | Mar 13, 2024 |
| Zuanic & Associates | Zuanic & Associates | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Dec 5, 2023 |
| Compass Point | Compass Point | Strong Buy → Hold Downgrades $16 | Strong Buy → Hold | Downgrades | $16 | +0.50% | Sep 5, 2023 |
| Piper Sandler | Piper Sandler | Hold Initiates $16 | Hold | Initiates | $16 | +0.50% | Sep 1, 2023 |
Financial Forecast
Revenue This Year
67.23M
from 57.15M
Increased by 17.64%
Revenue Next Year
70.63M
from 67.23M
Increased by 5.06%
EPS This Year
2.12
from 2.11
Increased by 0.45%
EPS Next Year
2.26
from 2.12
Increased by 6.59%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 74.2M | 73.5M |
| Avg | 67.2M | 70.6M |
| Low | 60.6M | 67.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 29.8% | 9.3% |
| Avg | 17.6% | 5.1% |
| Low | 6.1% | -0.4% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 2.31 | 2.40 |
| Avg | 2.12 | 2.26 |
| Low | 1.88 | 2.10 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 9.5% | 13.4% |
| Avg | 0.5% | 6.6% |
| Low | -10.8% | -1.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.