REFI

Chicago Atlantic Real Estate Finance Inc
NASDAQREAL ESTATEREIT - MORTGAGE

Key Statistics

Market Cap
$228.70M
P/E Ratio
7.45
EPS
$1.44
Beta
0.31
52W High
$12.43
52W Low
$10.28
50-Day MA
$11.38
200-Day MA
$12.18
Dividend Yield
17.70%
Profit Margin
61.80%
Forward P/E
5.73
PEG Ratio

About Chicago Atlantic Real Estate Finance Inc

Chicago Atlantic Real Estate Finance Inc. is a forward-looking Real Estate Investment Trust (REIT) dedicated to offering secure financing solutions tailored to the burgeoning cannabis sector. Through strategic portfolio management and deep industry insights, the company aims to seize substantial growth prospects within this unique market. Chicago Atlantic employs a robust risk management framework to adeptly navigate the complexities of regulatory landscapes, ensuring the generation of competitive risk-adjusted returns for institutional investors. Led by an experienced management team, the firm is focused on maximizing shareholder value while adapting to the evolving dynamics of the industry.

Official WebsiteUSAFY End: December

Fundamentals

Revenue (TTM)$49.83M
Gross Profit (TTM)$49.83M
EBITDA
Operating Margin54.30%
Return on Equity10.00%
Return on Assets7.24%
Revenue/Share (TTM)$2.37
Book Value$14.39
Price-to-Book0.75
Price-to-Sales (TTM)4.59
EV/Revenue6.2
EV/EBITDA
Quarterly Earnings Growth (YoY)-51.10%
Quarterly Revenue Growth (YoY)-34.20%
Shares Outstanding$21.31M
Float$17.97M
% Insiders13.26%
% Institutions32.39%

Historical Volatility

HV 10-Day
27.40%
HV 20-Day
31.49%
HV 30-Day
27.62%
HV 60-Day
28.08%
HV Rank
82.1%

Volatility is currently contracting

Analyst Ratings

Consensus ($16.38 target)
1
Strong Buy
2
Buy
2
Hold

Latest News

Chicago Atlantic Real Estate Finance Investor Alert: Kahn Swick & Foti, LLC Investigates Merger of Chicago Atlantic Real Estate Finance, Inc. - REFI

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Chicago Atlantic Real Estate Finance, Inc. (NasdaqGM: REFI) and Chicago Atlantic BDC, Inc. (NasdaqGM: LIEN). Upon completion of the proposed transaction, REFI shareholders would own approximately 50.5% of the combined company. KSF is seeking to determine whether the merger and the process that led to it are.

Business Wire6/24/2026Neutral
Chicago Atlantic Real Estate Finance Declares Common Stock Dividend of $0.47 for the Second Quarter of 2026

CHICAGO, June 17, 2026 (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 2026. The regular quarterly dividend, which equates to an annualized rate of $1.88 per common share, is payable on July 15, 2026, to shareholders of record as of the close of business on June 30, 2026.

GlobeNewsWire6/17/2026Neutral
Chicago Atlantic: Elevated Yield Keeps The Cautious Buy Stance Intact

Chicago Atlantic Real Estate Finance (REFI) offers a ~16.7% yield, trading at a >20% discount to book value, appealing to risk-seeking investors. Recent regulatory changes, notably cannabis reclassification, could improve borrower credit quality and after-tax cash flows, but may compress future yields on a more structural basis. Credit quality concerns persist, with increased credit loss provisions and related-party exposures warranting continued scrutiny and active monitoring.

Seeking Alpha6/10/2026Neutral
Cannabis REITs Gaining Momentum in 2026: 3 Stocks to Watch

The cannabis sector continues attracting investors in 2026. However, many traders now prefer cannabis REITs over traditional marijuana stocks. These companies offer exposure to the industry while also generating income through dividends. Additionally, cannabis REITs typically exhibit lower volatility than many cannabis operators.

MarijuanaStocks5/21/2026Neutral
Readers Nab 10 Ideal 'Safer' Dividend Dogs In April

I highlight the top ten ReFa/Ro dividend dogs for April 2026, all offering dividends from $1,000 invested that exceed their share price. Analyst 1-year targets project 23.15% to 71.69% net gains for these high-yield stocks by April 2027, with an average estimated gain of 46.15%. Five lowest-priced ReFa/Ro dogs are expected to outperform, delivering 21.96% higher gains versus the full top ten, per analyst targets.

Seeking Alpha5/17/2026Positive
Chicago Atlantic Real Estate Finance Q1 Earnings Call Highlights

Chicago Atlantic Real Estate Finance NASDAQ: REFI reported what executives described as steady first-quarter 2026 results, as management highlighted the company's cannabis-focused lending strategy, a strong pipeline of opportunities and potential credit benefits from recent federal cannabis policy developments.

MarketBeat5/8/2026Positive
Chicago Atlantic Real Estate Finance Announces First Quarter 2026 Financial Results

CHICAGO, May 07, 2026 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) (“Chicago Atlantic” or the “Company”), a commercial mortgage real estate investment trust, today announced its financial results for the first quarter ended March 31, 2026. Peter Sack, Co-Chief Executive Officer, noted, “Chicago Atlantic delivered stable results for the first quarter of 2026 in an unstable macro environment by continuing to differentiate ourselves from other capital providers.

GlobeNewsWire5/7/2026Neutral
Top 3 Cannabis REIT Stocks to Watch in May 2026 for High Dividend Income

The cannabis sector continues to shift in 2026. Regulatory changes remain a major catalyst. In particular, federal reform discussions are once again gaining attention. If progress happens, operators could see stronger margins. As a result, cannabis REITs may benefit from improved tenant health.

MarijuanaStocks5/5/2026Positive

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Data last updated: 7/9/2026