Chicago Atlantic Real Estate Finance, Inc. (REFI)

US — Real Estate Sector
Peers: KREF  EARN  CMTG  AJX  ACRE  RC  EFC  LFT  CHMI  BRMK  DX  AAIC  SACH  NREF  ACR 

Automate Your Wheel Strategy on REFI

With Tiblio's Option Bot, you can configure your own wheel strategy including REFI - and automate your put writes, covered calls, and full wheel strategy. Just connect one of the supported brokerages: tastytrade, Schwab, TradeStation or Tradier and go.

Start Your Free Trial Now

Key Metrics & Ratings

  • symbol REFI
  • Rev/Share 2.7052
  • Book/Share 14.8995
  • PB 0.9806
  • Debt/Equity 0.2804
  • CurrentRatio 0.0
  • ROIC -71.0623

 

  • MktCap 306334547.0
  • FreeCF/Share 1022.8149
  • PFCF 0.0144
  • PE 7.945
  • Debt/Assets 0.2102
  • DivYield 0.141
  • ROE 0.127

 

  • Rating A-
  • Score 4
  • Recommendation Buy
  • P/E Score 3
  • DCF Score 1
  • P/B Score 3
  • D/E Score 4

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Initiation REFI Alliance Global Partners -- Buy -- $20 Dec. 17, 2024

News

2025's Best Cannabis REITs for Building Wealth Over Time
IIPR, NLCP, REFI
Published: May 22, 2025 by: MarijuanaStocks
Sentiment: Positive

The U.S. cannabis industry continues to expand rapidly, creating strong momentum for related investments. In 2025, the market is expected to surpass $44 billion in value. Over the next five years, projections suggest it could reach more than $76 billion. This steady growth is driven by rising consumer demand and ongoing legalization across many states. Currently, nearly half of U.S. adults have tried cannabis at least once. Meanwhile, almost 80% of Americans live near a licensed dispensary. The industry also supports hundreds of thousands of jobs and contributes billions to the economy each year. Because of this, investors are watching …

Read More
image for news 2025's Best Cannabis REITs for Building Wealth Over Time
3 Marijuana Stocks For Cannabis Real Estate Investors
IIPR, NLCP, REFI
Published: May 16, 2025 by: MarijuanaStocks
Sentiment: Positive

Is it safe to invest in marijuana stocks with the entire sector trading at all-time lows? If the legal market is profitable and companies are performing well, why are the top marijuana stocks not trading? These are just some of the questions that plague investors and shareholders. The answer is not so simple, which can make things a bit more complex to understand. Although legal cannabis as a business is thriving and growing in all areas, this has not translated to the public sector so well.

Read More
image for news 3 Marijuana Stocks For Cannabis Real Estate Investors
These yield-rich stocks aren't typical dividend plays. Why they're worth the risk.
AFCG, REFI
Published: May 08, 2025 by: Market Watch
Sentiment: Positive

Cannabis-sector lenders offer attractive upside potential.

Read More
image for news These yield-rich stocks aren't typical dividend plays. Why they're worth the risk.
Chicago Atlantic Real Estate Finance, Inc. (REFI) Q1 2025 Earnings Call Transcript
REFI
Published: May 07, 2025 by: Seeking Alpha
Sentiment: Neutral

Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI ) Q1 2025 Earnings Conference Call May 7, 2025 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 Aaron Grey - Alliance Global Partners Chris Muller - JMP Securities Pablo Zuanic - Zuanic. Operator Good day, and welcome to Chicago Atlantic Real Estate Finance, Inc. First Quarter 2025 Earnings Conference Call.

Read More
image for news Chicago Atlantic Real Estate Finance, Inc. (REFI) Q1 2025 Earnings Call Transcript
Chicago Atlantic Real Estate Finance, Inc. (REFI) Q1 Earnings Surpass Estimates
REFI
Published: May 07, 2025 by: Zacks Investment Research
Sentiment: Positive

Chicago Atlantic Real Estate Finance, Inc. (REFI) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.52 per share a year ago.

Read More
image for news Chicago Atlantic Real Estate Finance, Inc. (REFI) Q1 Earnings Surpass Estimates
Chicago Atlantic Real Estate Finance: Is The Dividend Yield Safe
REFI
Published: April 21, 2025 by: Seeking Alpha
Sentiment: Positive

Chicago Atlantic Real Estate Finance has seen its common shares dip year-to-date, driving its dividend yield to 13.5%. The mREIT's fiscal 2024 fourth quarter distributable earnings cover the dividend by just 98%. Macroeconomic headwinds could see the dividend yield requested by income investors continue to ramp up. This could mean more downside ahead.

Read More
image for news Chicago Atlantic Real Estate Finance: Is The Dividend Yield Safe
3 Marijuana Stocks That Could Be Top Market Performers
IIPR, NLCP, REFI
Published: April 02, 2025 by: MarijuanaStocks
Sentiment: Neutral

The cannabis sector has, in a cliche way, grown from the ground up. With many hurdles, the legal market worldwide has come a long way. Yet there has been more invested interest is towards in the future of this space. From preserving what once was and integrating up-to-date and more current methods at every step of the process.

Read More
image for news 3 Marijuana Stocks That Could Be Top Market Performers
Chicago Atlantic Real Estate Finance, Inc. (REFI) Q4 2024 Earnings Call Transcript
REFI
Published: March 12, 2025 by: Seeking Alpha
Sentiment: Neutral

Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI ) Q4 2024 Earnings Conference Call March 12, 2025 9:00 AM ET Company Participants Tripp Sullivan - IR Peter Sack - Co-CEO David Kite - COO Phillip Silverman - CFO Conference Call Participants Crispin Love - Piper Sandler Pablo Zuanic - Zuanic & Associates Christopher Muller - Citizens Capital Markets Aaron Grey - Alliance Global Partners Operator Good day, and welcome to the Chicago Atlantic Real Estate Finance, Inc. Fourth Quarter 2024 Earnings Call. All participants will be in listen-only mode.

Read More
image for news Chicago Atlantic Real Estate Finance, Inc. (REFI) Q4 2024 Earnings Call Transcript
Chicago Atlantic Real Estate Finance, Inc. (REFI) Q4 Earnings Lag Estimates
REFI
Published: March 12, 2025 by: Zacks Investment Research
Sentiment: Negative

Chicago Atlantic Real Estate Finance, Inc. (REFI) came out with quarterly earnings of $0.46 per share, missing the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.53 per share a year ago.

Read More
image for news Chicago Atlantic Real Estate Finance, Inc. (REFI) Q4 Earnings Lag Estimates
Chicago Atlantic Real Estate Finance Schedules Fourth Quarter 2024 Earnings Release and Conference Call Date
REFI
Published: February 26, 2025 by: GlobeNewsWire
Sentiment: Neutral

CHICAGO, Feb. 26, 2025 (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 fourth quarter and year ended December 31, 2024.

Read More
image for news Chicago Atlantic Real Estate Finance Schedules Fourth Quarter 2024 Earnings Release and Conference Call Date
3 Must-Watch Cannabis REITs for Real Estate Investment in 2025
IIPR, NLCP, REFI
Published: February 25, 2025 by: MarijuanaStocks
Sentiment: Positive

The cannabis real estate sector continues to grow as demand for property financing increases. Cannabis REITs provide capital for dispensaries and cultivation facilities, helping operators expand while securing long-term rental income. The U.S. cannabis market is projected to reach $71 billion by 2030, driven by new state legalizations and rising consumer demand. Recent news suggests that federal rescheduling of cannabis could move forward in 2024, potentially easing banking restrictions. This change would benefit cannabis REITs by improving tenant stability. Investors should focus on companies with strong balance sheets and reliable rental income to reduce risk.

Read More
image for news 3 Must-Watch Cannabis REITs for Real Estate Investment in 2025
3 Marijuana Stocks For Investors To Watch All 2025
IIPR, NLCP, REFI
Published: February 19, 2025 by: MarijuanaStocks
Sentiment: Positive

2025 will be a big year for the cannabis industry as a whole. Currently, investors are increasingly searching for businesses that focus on sustainability and social equity. Specifically cannabis companies that align with these values. With this mindset, it may attract more investors as consumers become more aware of their purchasing decisions.

Read More
image for news 3 Marijuana Stocks For Investors To Watch All 2025
Mid-February Watchlist: Leading Cannabis REITs for Real Estate Growth
IIPR, NLCP, REFI
Published: February 13, 2025 by: MarijuanaStocks
Sentiment: Positive

The U.S. cannabis industry continues expanding, creating opportunities for real estate investment trusts (REITs) that finance dispensaries and cultivation facilities. The legal cannabis market is projected to reach $41.5 billion by 2025, growing at a rapid pace. Currently, 38 states allow medical marijuana, while 24 states have legalized recreational use. This expansion fuels demand for real estate, making cannabis REITs essential for industry growth. Recent legalization efforts in Florida and Pennsylvania could further boost the market. However, federal cannabis reform remains uncertain, causing volatility in cannabis-related stocks. Investors must carefully analyze market conditions before making decisions.

Read More
image for news Mid-February Watchlist: Leading Cannabis REITs for Real Estate Growth

About Chicago Atlantic Real Estate Finance, Inc. (REFI)

  • IPO Date 2021-12-08
  • Website https://investors.refi.reit
  • Industry REIT - Mortgage
  • CEO Mr. Anthony Robert Cappell
  • Employees None

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 and property owners 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.