NASDAQ:REFI

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

$15.65
+0.09 (+0.58%)
(As of 04/26/2024 ET)
Today's Range
$15.52
$15.67
50-Day Range
$15.24
$16.38
52-Week Range
$13.67
$17.65
Volume
70,164 shs
Average Volume
91,069 shs
Market Capitalization
$284.83 million
P/E Ratio
7.38
Dividend Yield
12.01%
Price Target
$17.33

Chicago Atlantic Real Estate Finance MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
10.8% Upside
$17.33 Price Target
Short Interest
Healthy
2.42% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
2.26%
From $2.21 to $2.26 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.45 out of 5 stars

Finance Sector

598th out of 864 stocks

Real Estate Investment Trusts Industry

126th out of 178 stocks

REFI stock logo

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

Chicago Atlantic Real Estate Finance, Inc. operates as a commercial real estate finance company in the United States. The company engages in originating, structuring, and investing in first mortgage loans and alternative structured financings secured by commercial real estate properties. Its portfolio primarily includes offers senior loans to state-licensed operators in the cannabis industry. The company 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. Chicago Atlantic Real Estate Finance, Inc. was incorporated in 2021 and is headquartered in Chicago, Illinois.

REFI Stock Price History

REFI Stock News Headlines

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Chicago Atlantic Real Estate Finance Inc REFI
REFI Chicago Atlantic Real Estate Finance, Inc.
See More Headlines
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Company Calendar

Last Earnings
8/09/2023
Ex-Dividend for 4/15 Dividend
3/27/2024
Dividend Payable
4/15/2024
Today
4/26/2024
Next Earnings (Confirmed)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$17.33
High Stock Price Target
$20.00
Low Stock Price Target
$16.00
Potential Upside/Downside
+11.4%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$38.71 million
Pretax Margin
67.74%

Debt

Sales & Book Value

Annual Sales
$57.15 million
Cash Flow
$2.05 per share
Book Value
$14.95 per share

Miscellaneous

Free Float
16,286,000
Market Cap
$283.19 million
Optionable
Optionable
Beta
0.22
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Key Executives

  • Mr. John Mazarakis (Age 46)
    Executive Chairman of the Board of Chicago Atlantic REIT Manager, LLC
  • Mr. Anthony Cappell (Age 39)
    Co-CEO & Director of Chicago Atlantic REIT Manager, LLC
  • Dr. Andreas A. Bodmeier Ph.D. (Age 35)
    Co-President, Chief Investment Officer & Director of Chicago Atlantic REIT Manager, LLC
  • Mr. Peter S. Sack (Age 34)
    Co-CEO & Director of Chicago Atlantic REIT Manager, LLC
  • Mr. Phillip Silverman (Age 33)
    CFO, Company Secretary & Controller
  • Mr. David Kite (Age 52)
    Chief Operating Officer of Chicago Atlantic REIT Manager, LLC

REFI Stock Analysis - Frequently Asked Questions

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

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chicago Atlantic Real Estate Finance in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" REFI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in REFI, but not buy additional shares or sell existing shares.
View REFI analyst ratings
or view top-rated stocks.

What is Chicago Atlantic Real Estate Finance's stock price target for 2024?

3 brokerages have issued 1 year target prices for Chicago Atlantic Real Estate Finance's shares. Their REFI share price targets range from $16.00 to $20.00. On average, they predict the company's share price to reach $17.33 in the next year. This suggests a possible upside of 10.8% 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 2024?

Chicago Atlantic Real Estate Finance's stock was trading at $16.18 at the start of the year. Since then, REFI stock has decreased by 3.3% and is now trading at $15.65.
View the best growth stocks for 2024 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, May 7th 2024.
View our REFI earnings forecast
.

How can I listen to Chicago Atlantic Real Estate Finance's earnings call?

Chicago Atlantic Real Estate Finance will be holding an earnings conference call on Tuesday, May 7th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

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

Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI) released its quarterly earnings results on Wednesday, August, 9th. The company reported $0.54 earnings per share for the quarter, missing analysts' consensus estimates of $0.64 by $0.10. The company earned $14.66 million during the quarter, compared to analysts' expectations of $15.78 million. Chicago Atlantic Real Estate Finance had a net margin of 64.78% and a trailing twelve-month return on equity of 14.65%. During the same quarter in the previous year, the company earned $0.50 earnings per share.

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 Friday, March 15th. Investors of record on Thursday, March 28th will be given a dividend of $0.47 per share on Monday, April 15th. This represents a $1.88 annualized dividend and a dividend yield of 12.01%. The ex-dividend date of this dividend is Wednesday, March 27th.
Read our dividend analysis for REFI
.

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 11.97%. REFI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 88.68%. 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 83.19% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for REFI.

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

Chicago Atlantic Real Estate Finance (REFI) raised $106 million in an initial public offering on Wednesday, December 8th 2021. The company issued 6,250,000 shares at $16.00-$18.00 per share.

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

Chicago Atlantic Real Estate Finance's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Sage Mountain Advisors LLC (0.40%), Lindbrook Capital LLC (0.02%), Newbridge Financial Services Group Inc. (0.01%) and Register Financial Advisors LLC (0.01%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:REFI) was last updated on 4/26/2024 by MarketBeat.com Staff

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