REFI logo

Chicago Atlantic Real Estate Finance (REFI) Stock

Profile

Industry:

Mortgage

Country:

United States

IPO:

08 December 2021

Indexes:

Not included

Description:

Chicago Atlantic Real Estate Finance (REFI) focuses on providing financing solutions for the cannabis industry. They invest in real estate properties used for cannabis cultivation and retail, aiming to support the growth of this emerging market while generating returns for their investors.

Key Details

Price

$16.05

TTM Dividend Yield

13.52%(-0.52% YoY)

Annual Revenue

$57.33 M(+17.34% YoY)

Annual EPS

$2.11(+15.93% YoY)

PE Ratio

8.03(+6.64% YoY)

Beta

0.55

Events Calendar

Earnings

Next earnings date:

Mar 12, 2025

Recent quarterly earnings:

Nov 07, 2024

Recent annual earnings:

Mar 12, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Sept 30, 2024
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

11 Apr '24 Zuanic & Associates
Overweight
13 Mar '24 JMP Securities
Market Outperform
05 Dec '23 Zuanic & Associates
Overweight
05 Sept '23 Compass Point
Neutral
01 Sept '23 Piper Sandler
Neutral
15 Aug '23 JMP Securities
Market Outperform
31 May '23 Compass Point
Buy
17 May '23 Compass Point
Buy
10 May '23 JMP Securities
Market Outperform
10 May '23 EF Hutton
Buy

Market Data

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Dividend

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Profitability

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Efficiency

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Valuation

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Liquidity

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Cash Flow

Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Institutional Ownership

Chicago Atlantic Real Estate Finance, Inc. (REFI) Q3 2024 Earnings Call Transcript
Chicago Atlantic Real Estate Finance, Inc. (REFI) Q3 2024 Earnings Call Transcript
Chicago Atlantic Real Estate Finance, Inc. (REFI) Q3 2024 Earnings Call Transcript
REFI
seekingalpha.com09 November 2024

Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI ) Q3 2024 Results Conference Call November 7, 2024 9:00 AM ET Company Participants Tripp Sullivan - Investor Relations Peter Sack - Co-Chief Executive Officer David Kite - Chief Operating Officer Phillip Silverman - Chief Financial Officer Conference Call Participants Mark Smith - Lake Street Capital Operator Good day, and welcome to the Chicago Atlantic Real Estate Finance Third Quarter 2024 Earnings Call. All participants will be in listen-only mode.

Chicago Atlantic Real Estate Finance, Inc. (REFI) Q3 Earnings Surpass Estimates
Chicago Atlantic Real Estate Finance, Inc. (REFI) Q3 Earnings Surpass Estimates
Chicago Atlantic Real Estate Finance, Inc. (REFI) Q3 Earnings Surpass Estimates
REFI
zacks.com07 November 2024

Chicago Atlantic Real Estate Finance, Inc. (REFI) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.57 per share a year ago.

Chicago Atlantic Real Estate Finance Closes on $50 Million Unsecured Term Loan to Fund Deployment of New Investments
Chicago Atlantic Real Estate Finance Closes on $50 Million Unsecured Term Loan to Fund Deployment of New Investments
Chicago Atlantic Real Estate Finance Closes on $50 Million Unsecured Term Loan to Fund Deployment of New Investments
REFI
globenewswire.com23 October 2024

CHICAGO, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) (“Chicago Atlantic” or the “Company”), a commercial mortgage real estate investment trust, today announced that the Company entered into a $50.0 million unsecured term loan from two institutional private lending platforms to fund the Company's future investments and other general corporate purposes. The unsecured term loan matures in October 2028, is interest only and bears a fixed cash interest rate of 9.0%.

Chicago Atlantic Real Estate Finance Schedules Third Quarter 2024 Earnings Release and Conference Call Date
Chicago Atlantic Real Estate Finance Schedules Third Quarter 2024 Earnings Release and Conference Call Date
Chicago Atlantic Real Estate Finance Schedules Third Quarter 2024 Earnings Release and Conference Call Date
REFI
globenewswire.com17 October 2024

CHICAGO, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) ("Chicago Atlantic" or the “Company”), a commercial mortgage real estate investment trust, announced details for the release of its results for the third quarter ended September 30, 2024.

Chicago Atlantic Real Estate Finance, Inc. (REFI) Misses Q2 Earnings and Revenue Estimates
Chicago Atlantic Real Estate Finance, Inc. (REFI) Misses Q2 Earnings and Revenue Estimates
Chicago Atlantic Real Estate Finance, Inc. (REFI) Misses Q2 Earnings and Revenue Estimates
REFI
zacks.com07 August 2024

Chicago Atlantic Real Estate Finance, Inc. (REFI) came out with quarterly earnings of $0.50 per share, missing the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.55 per share a year ago.

Chicago Atlantic Real Estate Finance Schedules Second Quarter 2024 Earnings Release and Conference Call Date
Chicago Atlantic Real Estate Finance Schedules Second Quarter 2024 Earnings Release and Conference Call Date
Chicago Atlantic Real Estate Finance Schedules Second Quarter 2024 Earnings Release and Conference Call Date
REFI
globenewswire.com18 July 2024

CHICAGO, July 18, 2024 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) ("Chicago Atlantic" or the “Company”), a commercial mortgage real estate investment trust, announced details for the release of its results for the second quarter ended June 30, 2024.

Chicago Atlantic Real Estate Finance Declares Common Stock Dividend of $0.47 for the Second Quarter of 2024
Chicago Atlantic Real Estate Finance Declares Common Stock Dividend of $0.47 for the Second Quarter of 2024
Chicago Atlantic Real Estate Finance Declares Common Stock Dividend of $0.47 for the Second Quarter of 2024
REFI
globenewswire.com14 June 2024

CHICAGO, June 14, 2024 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI), a commercial mortgage real estate investment trust, announced that its board of directors has declared a regular quarterly cash dividend of $0.47 per share for the second quarter of 2024. The regular quarterly dividend, which equates to an annualized rate of $1.88 per common share, is payable on July 15, 2024, to shareholders of record as of the close of business on June 28, 2024.

Chicago Atlantic Provides Debt Financing to GF Sports & Entertainment
Chicago Atlantic Provides Debt Financing to GF Sports & Entertainment
Chicago Atlantic Provides Debt Financing to GF Sports & Entertainment
REFI
businesswire.com13 June 2024

CHICAGO--(BUSINESS WIRE)--Chicago Atlantic announces debt financing provided to GF Sports & Entertainment, which owns the Dallas Open, an ATP 500 tennis tournament.

Tim Anderson Joins Chicago Atlantic to Lead Institutional Business Development
Tim Anderson Joins Chicago Atlantic to Lead Institutional Business Development
Tim Anderson Joins Chicago Atlantic to Lead Institutional Business Development
REFI
businesswire.com22 May 2024

CHICAGO--(BUSINESS WIRE)--Tim Anderson, known institutional capital raiser, has joined Chicago Atlantic to lead the firm's institutional fundraising efforts.

Chicago Atlantic Real Estate Finance Schedules First Quarter 2024 Earnings Release and Conference Call Date
Chicago Atlantic Real Estate Finance Schedules First Quarter 2024 Earnings Release and Conference Call Date
Chicago Atlantic Real Estate Finance Schedules First Quarter 2024 Earnings Release and Conference Call Date
REFI
GlobeNewsWire17 April 2024

Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) ("Chicago Atlantic" or the “Company”), a commercial mortgage REIT, disclosed plans to unveil its first quarter financial results for the period ending March 31, 2024.

  • 1(current)
  • 2
  • 1(current)
  • 2

FAQ

  • What is the primary business of Chicago Atlantic Real Estate Finance?
  • What is the ticker symbol for Chicago Atlantic Real Estate Finance?
  • Does Chicago Atlantic Real Estate Finance pay dividends?
  • What sector is Chicago Atlantic Real Estate Finance in?
  • What industry is Chicago Atlantic Real Estate Finance in?
  • What country is Chicago Atlantic Real Estate Finance based in?
  • When did Chicago Atlantic Real Estate Finance go public?
  • Is Chicago Atlantic Real Estate Finance in the S&P 500?
  • Is Chicago Atlantic Real Estate Finance in the NASDAQ 100?
  • Is Chicago Atlantic Real Estate Finance in the Dow Jones?
  • When was Chicago Atlantic Real Estate Finance's last earnings report?
  • When does Chicago Atlantic Real Estate Finance report earnings?
  • Should I buy Chicago Atlantic Real Estate Finance stock now?

What is the primary business of Chicago Atlantic Real Estate Finance?

Chicago Atlantic Real Estate Finance (REFI) focuses on providing financing solutions for the cannabis industry. They invest in real estate properties used for cannabis cultivation and retail, aiming to support the growth of this emerging market while generating returns for their investors.

What is the ticker symbol for Chicago Atlantic Real Estate Finance?

The ticker symbol for Chicago Atlantic Real Estate Finance is NASDAQ:REFI

Does Chicago Atlantic Real Estate Finance pay dividends?

Yes, Chicago Atlantic Real Estate Finance pays dividends. The last payment was $0.47, with an ex-dividend date on 30 September 2024

What sector is Chicago Atlantic Real Estate Finance in?

Chicago Atlantic Real Estate Finance is in the Real Estate sector

What industry is Chicago Atlantic Real Estate Finance in?

Chicago Atlantic Real Estate Finance is in the Mortgage industry

What country is Chicago Atlantic Real Estate Finance based in?

Chicago Atlantic Real Estate Finance is headquartered in United States

When did Chicago Atlantic Real Estate Finance go public?

Chicago Atlantic Real Estate Finance's initial public offering (IPO) was on 08 December 2021

Is Chicago Atlantic Real Estate Finance in the S&P 500?

No, Chicago Atlantic Real Estate Finance is not included in the S&P 500 index

Is Chicago Atlantic Real Estate Finance in the NASDAQ 100?

No, Chicago Atlantic Real Estate Finance is not included in the NASDAQ 100 index

Is Chicago Atlantic Real Estate Finance in the Dow Jones?

No, Chicago Atlantic Real Estate Finance is not included in the Dow Jones index

When was Chicago Atlantic Real Estate Finance's last earnings report?

Chicago Atlantic Real Estate Finance's most recent earnings report was on 7 November 2024

When does Chicago Atlantic Real Estate Finance report earnings?

The next expected earnings date for Chicago Atlantic Real Estate Finance is 12 March 2025

Should I buy Chicago Atlantic Real Estate Finance stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions