Chicago Atlantic BDC (LIEN) Expected to Announce Quarterly Earnings on Wednesday

Chicago Atlantic BDC (NASDAQ:LIEN - Get Free Report) is anticipated to release its Q1 2025 earnings data before the market opens on Wednesday, May 14th. Analysts expect the company to announce earnings of $0.28 per share and revenue of $10.70 million for the quarter.

Chicago Atlantic BDC (NASDAQ:LIEN - Get Free Report) last issued its quarterly earnings results on Monday, March 31st. The company reported $0.35 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.29 by $0.06. The company had revenue of $12.65 million during the quarter, compared to the consensus estimate of $11.00 million. Chicago Atlantic BDC had a return on equity of 3.80% and a net margin of 32.69%. On average, analysts expect Chicago Atlantic BDC to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Chicago Atlantic BDC Stock Performance

Shares of Chicago Atlantic BDC stock traded down $0.02 during trading on Tuesday, hitting $10.30. The stock had a trading volume of 10,757 shares, compared to its average volume of 11,269. Chicago Atlantic BDC has a 12 month low of $9.71 and a 12 month high of $13.38. The company has a fifty day simple moving average of $11.06. The firm has a market capitalization of $235.05 million, a PE ratio of 15.61 and a beta of 0.28.

Chicago Atlantic BDC Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, April 11th. Stockholders of record on Friday, March 28th were paid a dividend of $0.34 per share. The ex-dividend date of this dividend was Friday, March 28th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 13.20%. Chicago Atlantic BDC's dividend payout ratio is 222.95%.

Analysts Set New Price Targets

A number of research firms recently issued reports on LIEN. Oppenheimer started coverage on Chicago Atlantic BDC in a report on Tuesday, April 22nd. They set a "market perform" rating for the company. Redburn Atlantic raised shares of Chicago Atlantic BDC to a "hold" rating in a research note on Tuesday, April 22nd.

About Chicago Atlantic BDC

Chicago Atlantic BDC Inc is a specialty finance company which has elected to be regulated as a business development company. Its investment objective is to maximize risk-adjusted returns on equity for its stockholders by investing primarily in direct loans to privately held middle-market companies, with a primary focus on cannabis companies.