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Henry Ford Would NEVER Have Seen This Coming (Ad)
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S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Henry Ford Would NEVER Have Seen This Coming (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
Henry Ford Would NEVER Have Seen This Coming (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Henry Ford Would NEVER Have Seen This Coming (Ad)
Last chance to set up your portfolio for OPEC cuts
What does consumer price index measure?
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Henry Ford Would NEVER Have Seen This Coming (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
Henry Ford Would NEVER Have Seen This Coming (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Henry Ford Would NEVER Have Seen This Coming (Ad)
Last chance to set up your portfolio for OPEC cuts
What does consumer price index measure?
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Henry Ford Would NEVER Have Seen This Coming (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
Henry Ford Would NEVER Have Seen This Coming (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
Henry Ford Would NEVER Have Seen This Coming (Ad)
Last chance to set up your portfolio for OPEC cuts
What does consumer price index measure?

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

$15.51
-0.34 (-2.15%)
(As of 12/6/2023 ET)
Compare
Today's Range
$15.39
$15.86
50-Day Range
$13.95
$15.85
52-Week Range
$12.91
$16.31
Volume
54,385 shs
Average Volume
81,724 shs
Market Capitalization
$282.00 million
P/E Ratio
7.68
Dividend Yield
12.12%
Price Target
$17.50

Chicago Atlantic Real Estate Finance MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
12.8% Upside
$17.50 Price Target
Short Interest
Healthy
3.57% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.20mentions of Chicago Atlantic Real Estate Finance in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
1.81%
From $2.21 to $2.25 Per Share

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

294th out of 717 stocks

Real Estate Investment Trusts Industry

65th out of 152 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. 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.

REFI Stock Price History

REFI Stock News Headlines

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New CBOE “special perk” helps traders target income every weekend
You 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.
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 10/13 Dividend
9/28/2023
Dividend Payable
10/13/2023
Today
12/07/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
3/14/2024

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 Target
$17.50
High Stock Price Target
$20.00
Low Stock Price Target
$16.00
Potential Upside/Downside
+12.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$32.29 million
Pretax Margin
61.27%

Debt

Sales & Book Value

Annual Sales
$57.18 million
Cash Flow
$1.68 per share
Book Value
$14.95 per share

Miscellaneous

Free Float
16,273,000
Market Cap
$282.00 million
Optionable
Not Optionable
Beta
0.18
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Key Executives

  • Mr. 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














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

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