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66,000% upside on tiny biotech? (Ad)
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66,000% upside on tiny biotech? (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
66,000% upside on tiny biotech? (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Slow start to New York's legal pot market leaves farmers holding the bag
66,000% upside on tiny biotech? (Ad)
Apple is expected to unveil sleek headset aimed at thrusting the masses into alternate realities
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
66,000% upside on tiny biotech? (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
66,000% upside on tiny biotech? (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Slow start to New York's legal pot market leaves farmers holding the bag
66,000% upside on tiny biotech? (Ad)
Apple is expected to unveil sleek headset aimed at thrusting the masses into alternate realities
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
66,000% upside on tiny biotech? (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
66,000% upside on tiny biotech? (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Slow start to New York's legal pot market leaves farmers holding the bag
66,000% upside on tiny biotech? (Ad)
Apple is expected to unveil sleek headset aimed at thrusting the masses into alternate realities
Oil tanker breaks down in Egypt's Suez Canal, briefly disrupting traffic in the global waterway
66,000% upside on tiny biotech? (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
NASDAQ:REFI

Chicago Atlantic Real Estate Finance (REFI) Stock Forecast, Price & News

$14.92
+0.17 (+1.15%)
(As of 06/2/2023 ET)
Compare
Today's Range
$14.73
$15.00
50-Day Range
$13.26
$14.92
52-Week Range
$12.91
$17.93
Volume
75,516 shs
Average Volume
43,906 shs
Market Capitalization
$269.90 million
P/E Ratio
7.54
Dividend Yield
12.60%
Price Target
$18.00

Chicago Atlantic Real Estate Finance MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
20.6% Upside
$18.00 Price Target
Short Interest
Healthy
1.25% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$131,900 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.06 out of 5 stars

Finance Sector

642nd out of 873 stocks

Real Estate Investment Trusts Industry

137th out of 191 stocks


REFI stock logo

About Chicago Atlantic Real Estate Finance (NASDAQ:REFI) Stock

Chicago Atlantic Real Estate Finance, Inc. operates as a commercial real estate finance company in the United States. It originates, structures, and invests in first mortgage loans and alternative structured financings secured by commercial real estate properties. The company offers senior loans to state-licensed operators and property owners 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 least 90% of its taxable income to its stockholders. The company was incorporated in 2021 and is based in Chicago, Illinois.

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REFI Stock News Headlines

WARNING TO ALL U.S. INVESTORS
May 16, 2023... The Day That Will Financially Paralyze 181 Million American Investors... Here are 3 steps to prepare yourself >>>
The Latest Analyst Ratings for Chicago Atlantic Real
"Unknown laser company making HUGE profit from Russia-Ukraine War"
On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>
Are These 3 Mortgage REITs Ready To Break Out?
See More Headlines

REFI Price History

REFI Company Calendar

Last Earnings
5/12/2022
Ex-Dividend for 4/14 Dividend
3/30/2023
Dividend Payable
4/14/2023
Today
6/04/2023
Next Earnings (Estimated)
8/08/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:REFI
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$18.00
High Stock Price Forecast
$20.00
Low Stock Price Forecast
$16.00
Forecasted Upside/Downside
+20.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$32.29 million
Pretax Margin
63.24%

Debt

Sales & Book Value

Annual Sales
$48.90 million
Cash Flow
$1.70 per share
Book Value
$15.04 per share

Miscellaneous

Free Float
16,470,000
Market Cap
$269.90 million
Optionable
Not Optionable
Beta
-0.01

Key Executives

  • Mr. John Mazarakis (Age 45)
    Exec. Chairman of Chicago Atlantic REIT Mang., LLC
  • Mr. Anthony Cappell (Age 38)
    CEO & Director of Chicago Atlantic REIT Mang., LLC
  • Dr. Andreas A. Bodmeier Ph.D. (Age 34)
    Co-Pres, Chief Investment Officer & Director of Chicago Atlantic REIT Mang., LLC
  • Mr. Peter S. Sack (Age 33)
    Co-Pres & Director of Chicago Atlantic REIT Mang., LLC
  • Mr. Phillip Silverman (Age 33)
    Interim CFO, Company Sec. & Controller
  • Mr. David Kite (Age 51)
    Chief Operating Officer of Chicago Atlantic REIT Mang., LLC













REFI Stock - Frequently Asked Questions

Should I buy or sell Chicago Atlantic Real Estate Finance stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chicago Atlantic Real Estate Finance in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" REFI shares.
View REFI analyst ratings
or view top-rated stocks.

What is Chicago Atlantic Real Estate Finance's stock price forecast for 2023?

2 Wall Street research analysts have issued 1-year price targets for Chicago Atlantic Real Estate Finance's shares. Their REFI share price forecasts range from $16.00 to $20.00. On average, they expect the company's stock price to reach $18.00 in the next twelve months. This suggests a possible upside of 20.6% from the stock's current price.
View analysts price targets for REFI
or view top-rated stocks among Wall Street analysts.

How have REFI shares performed in 2023?

Chicago Atlantic Real Estate Finance's stock was trading at $15.07 on January 1st, 2023. Since then, REFI stock has decreased by 1.0% and is now trading at $14.92.
View the best growth stocks for 2023 here
.

When is Chicago Atlantic Real Estate Finance's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our REFI earnings forecast
.

How were Chicago Atlantic Real Estate Finance's earnings last quarter?

Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI) announced its quarterly earnings results on Thursday, May, 12th. The company reported $0.44 EPS for the quarter, topping analysts' consensus estimates of $0.42 by $0.02. Chicago Atlantic Real Estate Finance had a trailing twelve-month return on equity of 13.69% and a net margin of 63.25%.

How often does Chicago Atlantic Real Estate Finance pay dividends? What is the dividend yield for Chicago Atlantic Real Estate Finance?

Chicago Atlantic Real Estate Finance announced a quarterly dividend on Wednesday, March 15th. Shareholders of record on Friday, March 31st will be paid a dividend of $0.47 per share on Friday, April 14th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 12.60%. The ex-dividend date is Thursday, March 30th.
Read our dividend analysis for REFI
.

What ETFs hold Chicago Atlantic Real Estate Finance's stock?

ETFs with the largest weight of Chicago Atlantic Real Estate Finance (NASDAQ:REFI) stock in their portfolio include AdvisorShares Pure Cannabis ETF (YOLO), ETFMG Alternative Harvest ETF (MJ), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), iShares Mortgage Real Estate ETF (REM),

Is Chicago Atlantic Real Estate Finance a good dividend stock?

Chicago Atlantic Real Estate Finance (NASDAQ:REFI) pays an annual dividend of $1.88 per share and currently has a dividend yield of 12.60%. REFI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 94.95%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, REFI will have a dividend payout ratio of 77.05% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for REFI.

When did Chicago Atlantic Real Estate Finance IPO?

(REFI) raised $106 million in an initial public offering (IPO) on Wednesday, December 8th 2021. The company issued 6,250,000 shares at a price of $16.00-$18.00 per share.

What is Chicago Atlantic Real Estate Finance's stock symbol?

Chicago Atlantic Real Estate Finance trades on the NASDAQ under the ticker symbol "REFI."

Who are Chicago Atlantic Real Estate Finance's major shareholders?

Chicago Atlantic Real Estate Finance's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (2.23%), ETF Managers Group LLC (2.10%), Emfo LLC (1.66%), Intrepid Capital Management Inc. (1.19%), HighTower Advisors LLC (0.94%) and State Street Corp (0.59%). Insiders that own company stock include Anthony Cappell, David Kite, Jason D Papastavrou, John Mazarakis and Peter Sack.
View institutional ownership trends
.

How do I buy shares of Chicago Atlantic Real Estate Finance?

Shares of REFI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Chicago Atlantic Real Estate Finance's stock price today?

One share of REFI stock can currently be purchased for approximately $14.92.

How much money does Chicago Atlantic Real Estate Finance make?

Chicago Atlantic Real Estate Finance (NASDAQ:REFI) has a market capitalization of $269.90 million and generates $48.90 million in revenue each year. The company earns $32.29 million in net income (profit) each year or $1.98 on an earnings per share basis.

How can I contact Chicago Atlantic Real Estate Finance?

The official website for the company is www.chicagoatlanticcredit.com. The company can be reached via phone at 312-809-7002 or via email at investors@chicagoatlantic.com.

This page (NASDAQ:REFI) was last updated on 6/4/2023 by MarketBeat.com Staff

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