Chicago Atlantic Real Estate Finance, Inc. (REFI)

REFI Stock Forecast

Stock Price Forecast

According to 5 analysts polled by S&P Global, REFI stock has a consensus rating of "Buy" and an average price target of $16.38. The average 1-year stock price forecast is 45.99% higher than the current stock price, while the lowest is $13.5 (+20.32%) and the highest is $20 (+78.25%).

Price Target: $16.38 (+45.99%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$13.5	$16.38	$16	$20
Change	+20.32%	+45.99%	+42.60%	+78.25%

Analyst Ratings

The average analyst rating for REFI stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	1	1	1	1	1	0
Buy	2	2	2	2	2	0
Hold	2	2	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	3	3	3	0

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Aaron Hecht Citizens Capital Markets	Citizens Capital Markets	Buy Reiterates $20	Buy	Reiterates	$20	+78.25%	Mar 17, 2025
Aaron Hecht JMP Securities	JMP Securities	Buy Reiterates $20	Buy	Reiterates	$20	+78.25%	Dec 19, 2024
Aaron Grey Alliance Global Partners	Alliance Global Partners	Strong Buy Initiates $20	Strong Buy	Initiates	$20	+78.25%	Dec 17, 2024
Pablo Zuanic Zuanic & Associates	Zuanic & Associates	Buy Maintains n/a	Buy	Maintains	n/a	n/a	Dec 9, 2024
Pablo Zuanic Zuanic & Associates	Zuanic & Associates	Buy Initiates n/a	Buy	Initiates	n/a	n/a	Apr 11, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

64.21M

Increased by 17.47%

from 54.66M

Revenue Next Year

64.24M

Increased by 0.06%

from 64.21M

EPS This Year

1.73

Increased by 2.73%

from 1.68

EPS Next Year

1.70

Decreased by -1.30%

from 1.73

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	14.47M	44.97M	56.21M	55.53M	54.66M	64.21M	64.24M
Revenue Growth	-	210.82%	24.99%	-1.20%	-1.58%	17.47%	0.06%
EPS	1.96	1.82	2.11	1.88	1.68	1.73	1.70
EPS Growth	-	-7.14%	15.93%	-10.90%	-10.64%	2.73%	-1.30%
Forward PE	-	-	-	-	-	6.50	6.59
No. Analysts	-	-	-	-	-	7	5

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028
High	68.6M	70.8M
Avg	64.2M	64.2M
Low	57.2M	57.4M

Revenue Growth

Revenue Growth	2026	2027	2028
High	25.5%	10.2%
Avg	17.5%	0.1%
Low	4.7%	-10.6%

EPS Forecast

EPS	2026	2027	2028
High	1.89	1.90
Avg	1.73	1.70
Low	1.38	1.36

EPS Growth

EPS Growth	2026	2027	2028
High	12.5%	10.1%
Avg	2.7%	-1.3%
Low	-17.8%	-21.1%

Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.