Chicago Atlantic Real Estate Finance Stock Price, News & Analysis (NASDAQ:REFI) $15.51 -0.34 (-2.15%) (As of 12/6/2023 ET) Add Compare Share Share Today's Range$15.39▼$15.8650-Day Range$13.95▼$15.8552-Week Range$12.91▼$16.31Volume54,385 shsAverage Volume81,724 shsMarket Capitalization$282.00 millionP/E Ratio7.68Dividend Yield12.12%Price Target$17.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Chicago Atlantic Real Estate Finance MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside12.8% Upside$17.50 Price TargetShort InterestHealthy3.57% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-0.20Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth1.81%From $2.21 to $2.25 Per ShareSee Full Details Hide Full Details 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 starsFinance Sector294th out of 717 stocksReal Estate Investment Trusts Industry65th out of 152 stocks 2.3 Analyst's Opinion Consensus RatingChicago Atlantic Real Estate Finance has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.50, Chicago Atlantic Real Estate Finance has a forecasted upside of 12.8% from its current price of $15.51.Amount of Analyst CoverageChicago Atlantic Real Estate Finance has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.57% of the float of Chicago Atlantic Real Estate Finance has been sold short.Short Interest Ratio / Days to CoverChicago Atlantic Real Estate Finance has a short interest ratio ("days to cover") of 5.Change versus previous monthShort interest in Chicago Atlantic Real Estate Finance has recently decreased by 7.36%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipChicago Atlantic Real Estate Finance is a leading dividend payer. It pays a dividend yield of 12.01%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthChicago Atlantic Real Estate Finance has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Chicago Atlantic Real Estate Finance is 93.07%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Chicago Atlantic Real Estate Finance will have a dividend payout ratio of 83.56% in the coming year. This indicates that Chicago Atlantic Real Estate Finance may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for REFI. Previous Next 1.6 News and Social Media Coverage News SentimentChicago Atlantic Real Estate Finance has a news sentiment score of -0.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Chicago Atlantic Real Estate Finance this week, compared to 1 article on an average week.Search Interest10 people have searched for REFI on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Chicago Atlantic Real Estate Finance insiders have not sold or bought any company stock.Percentage Held by Insiders10.50% of the stock of Chicago Atlantic Real Estate Finance is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 25.73% of the stock of Chicago Atlantic Real Estate Finance is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Chicago Atlantic Real Estate Finance are expected to grow by 1.81% in the coming year, from $2.21 to $2.25 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Chicago Atlantic Real Estate Finance is 7.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.25.Price to Earnings Ratio vs. SectorThe P/E ratio of Chicago Atlantic Real Estate Finance is 7.68, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 52.71.Price to Book Value per Share RatioChicago Atlantic Real Estate Finance has a P/B Ratio of 1.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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. 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 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.Read More REFI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart REFI Stock News HeadlinesDecember 6, 2023 | markets.businessinsider.comAnalyst Highlights Asset-Backed Cannabis Loans In Chicago Atlantic's REFI With Overweight RatingDecember 5, 2023 | msn.comZuanic & Associates Initiates Coverage of Chicago Atlantic Real Estate Finance (REFI) with Overweight RecommendationDecember 7, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. December 5, 2023 | finance.yahoo.comChicago Atlantic Real Estate Finance, Inc.'s (NASDAQ:REFI) top owners are individual investors with 49% stake, while 34% is held by institutionsNovember 25, 2023 | seekingalpha.comChicago Atlantic Real Estate Finance: Is The 12.4% Yield From Cannabis Credit Investable?November 12, 2023 | finance.yahoo.comChicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI) Q3 2023 Earnings Call TranscriptNovember 9, 2023 | finance.yahoo.comQ3 2023 Chicago Atlantic Real Estate Finance Inc Earnings CallNovember 8, 2023 | finance.yahoo.comChicago Atlantic Real Estate Finance Inc (REFI) Reports Q3 2023 Financial ResultsDecember 7, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 8, 2023 | ca.finance.yahoo.comChicago Atlantic Real Estate Finance, Inc. (REFI)October 25, 2023 | finance.yahoo.comBullish Chicago Atlantic Real Estate Finance Insiders Loaded Up On US$606.9k Of StockOctober 18, 2023 | finance.yahoo.comChicago Atlantic Real Estate Finance Schedules Third Quarter 2023 Earnings Release and Conference Call DateAugust 15, 2023 | markets.businessinsider.comJMP Securities Keeps Their Buy Rating on Chicago Atlantic Real Estate ate Finance Inc (REFI)August 10, 2023 | finance.yahoo.comQ2 2023 Chicago Atlantic Real Estate Finance Inc Earnings CallAugust 9, 2023 | fool.comChicago Atlantic Real Estate Finance (NASDAQ: REFI)August 9, 2023 | finance.yahoo.comChicago Atlantic Real Estate Finance, Inc. (REFI) Q2 Earnings and Revenues Miss EstimatesAugust 9, 2023 | finance.yahoo.comChicago Atlantic Real Estate Finance Announces Second Quarter 2023 Financial ResultsAugust 3, 2023 | finance.yahoo.comThese 12%-Yielding Dividend Stocks Look Very Attractive Right Now, Analysts SayJuly 26, 2023 | finance.yahoo.comChicago Atlantic Real Estate Finance Schedules Second Quarter 2023 Earnings Release and Conference Call DateJuly 16, 2023 | finance.yahoo.comREFI - Chicago Atlantic Real Estate Finance, Inc.July 3, 2023 | msn.comChicago Atlantic commits $150 mln for New York State Cannabis Social Equity Investment FundJune 28, 2023 | incomeinvestors.comREFI Stock: Market-Crushing U.S. Pot Stock Pays Reliable 11.8%-Yield DividendsJune 28, 2023 | finance.yahoo.comWhile institutions own 27% of Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI), retail investors are its largest shareholders with 56% ownershipJune 16, 2023 | finance.yahoo.comChicago Atlantic Real Estate Finance Declares Common Stock Dividend of $0.47 for the Second Quarter of 2023May 22, 2023 | finance.yahoo.comWall Street Analysts Predict a 27.84% Upside in Chicago Atlantic Real Estate Finance, Inc. (REFI): Here's What You Should KnowMay 22, 2023 | finance.yahoo.comWall Street Analysts Predict a 27.84% Upside in Chicago Atlantic Real Estate Finance, Inc. (REFI): Here's What You Should KnowMay 18, 2023 | finance.yahoo.comBullish Chicago Atlantic Real Estate Finance Insiders Loaded Up On US$728k Of StockSee More Headlines Receive REFI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Chicago Atlantic Real Estate Finance and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/09/2023Ex-Dividend for 10/13 Dividend9/28/2023Dividend Payable10/13/2023Today12/07/2023Fiscal Year End12/31/2023Next Earnings (Estimated)3/14/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:REFI CUSIPN/A CIK1867949 Webwww.chicagoatlanticcredit.com Phone312-809-7002FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Target$17.50 High Stock Price Target$20.00 Low Stock Price Target$16.00 Potential Upside/Downside+12.8%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$2.02 Trailing P/E Ratio7.68 Forward P/E Ratio7.02 P/E GrowthN/ANet Income$32.29 million Net Margins61.27% Pretax Margin61.27% Return on Equity14.03% Return on Assets11.29% Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$57.18 million Price / Sales4.93 Cash Flow$1.68 per share Price / Cash Flow9.22 Book Value$14.95 per share Price / Book1.04Miscellaneous Outstanding Shares18,182,000Free Float16,273,000Market Cap$282.00 million OptionableNot Optionable Beta0.18 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. John Mazarakis (Age 45)Executive Chairman of the Board of Chicago Atlantic REIT Manager, LLC Mr. Anthony Cappell (Age 38)CEO & Director of Chicago Atlantic REIT Manager, LLC Dr. Andreas A. Bodmeier Ph.D. (Age 34)Co-President, Chief Investment Officer & Director of Chicago Atlantic REIT Manager, LLC Mr. Peter S. Sack (Age 33)Co-President & Director of Chicago Atlantic REIT Manager, LLC Mr. Phillip Silverman (Age 32)Interim CFO, Company Secretary & Controller Mr. David Kite (Age 51)Chief Operating Officer of Chicago Atlantic REIT Manager, LLC More ExecutivesKey CompetitorsGranite Point Mortgage TrustNYSE:GPMTNexPoint Real Estate FinanceNYSE:NREFNet Lease Office PropertiesNYSE:NLOPFranklin Street PropertiesNYSE:FSPOrion Office REITNYSE:ONLView All CompetitorsInsiders & InstitutionsDeutsche Bank AGSold 6,366 shares on 11/24/2023Ownership: 0.184%Perritt Capital Management Inc.Sold 12,797 shares on 11/14/2023Ownership: 0.363%O Shaughnessy Asset Management LLCBought 1,913 shares on 11/14/2023Ownership: 0.091%California State Teachers Retirement SystemSold 1,833 shares on 11/14/2023Ownership: 0.020%Invesco Ltd.Bought 1,252 shares on 11/13/2023Ownership: 0.066%View All Insider TransactionsView All Institutional Transactions REFI Stock Analysis - Frequently Asked Questions Should I buy or sell Chicago Atlantic Real Estate Finance stock right now? 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Chicago Atlantic Real Estate Finance in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" REFI shares. View REFI analyst ratings or view top-rated stocks. What is Chicago Atlantic Real Estate Finance's stock price target for 2024? 4 analysts 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 anticipate the company's share price to reach $17.50 in the next year. This suggests a possible upside of 12.8% 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 2023? Chicago Atlantic Real Estate Finance's stock was trading at $15.07 at the start of the year. Since then, REFI shares have increased by 2.9% and is now trading at $15.51. 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 Thursday, March 14th 2024. View our REFI earnings forecast. How were Chicago Atlantic Real Estate Finance's earnings last quarter? Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI) issued its quarterly earnings data 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 business had revenue of $14.66 million for the quarter, compared to the consensus estimate of $15.78 million. Chicago Atlantic Real Estate Finance had a trailing twelve-month return on equity of 14.03% and a net margin of 61.27%. During the same period in the previous year, the company posted $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 declared a quarterly dividend on Monday, September 18th. Stockholders of record on Friday, September 29th will be paid a dividend of $0.47 per share on Friday, October 13th. This represents a $1.88 annualized dividend and a yield of 12.12%. The ex-dividend date of this dividend is Thursday, September 28th. 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 12.01%. REFI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 93.07%. 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 83.56% 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? ETFs with the largest weight of Chicago Atlantic Real Estate Finance (NASDAQ:REFI) stock in their portfolio include AXS Cannabis ETF (THCX), AdvisorShares Pure Cannabis ETF (YOLO) and ETFMG Alternative Harvest ETF (MJ).iShares Mortgage Real Estate ETF (REM). When did Chicago Atlantic Real Estate Finance IPO? (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 investors include HighTower Advisors LLC (0.95%), Northern Trust Corp (0.73%), AdvisorShares Investments LLC (0.44%), Acadian Asset Management LLC (0.37%), Perritt Capital Management Inc. (0.36%) and Connor Clark & Lunn Investment Management Ltd. (0.32%). 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. This page (NASDAQ:REFI) was last updated on 12/7/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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