Chicago Atlantic Real Estate Finance (REFI) Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Chicago Atlantic Real Estate Finance in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" REFI shares.
View REFI analyst ratings or view top-rated stocks.

2 equities research analysts have issued 1-year price objectives for Chicago Atlantic Real Estate Finance's shares. Their REFI share price forecasts range from $16.00 to $20.00. On average, they predict the company's stock price to reach $18.00 in the next twelve months. This suggests a possible upside of 27.8% from the stock's current price.
View analysts price targets for REFI or view top-rated stocks among Wall Street analysts.

Chicago Atlantic Real Estate Finance's stock was trading at $15.07 at the beginning of the year. Since then, REFI shares have decreased by 6.6% and is now trading at $14.08.
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Chicago Atlantic Real Estate Finance saw a decrease in short interest during the month of April. As of April 30th, there was short interest totaling 153,000 shares, a decrease of 29.6% from the April 15th total of 217,200 shares. Based on an average daily volume of 62,700 shares, the days-to-cover ratio is presently 2.4 days. Approximately 1.3% of the company's shares are sold short.
View Chicago Atlantic Real Estate Finance's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our REFI earnings forecast.

Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI) issued its quarterly earnings data on Thursday, May, 12th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.02. Chicago Atlantic Real Estate Finance had a trailing twelve-month return on equity of 13.69% and a net margin of 63.25%.

Chicago Atlantic Real Estate Finance declared a quarterly dividend on Wednesday, March 15th. Stockholders of record on Friday, March 31st will be given a dividend of $0.47 per share on Friday, April 14th. This represents a $1.88 annualized dividend and a yield of 13.35%. The ex-dividend date of this dividend is Thursday, March 30th.
Read our dividend analysis for REFI.

ETFs with the largest weight of Chicago Atlantic Real Estate Finance (NASDAQ:REFI) stock in their portfolio include AdvisorShares Pure Cannabis ETF (YOLO), ETFMG Alternative Harvest ETF (MJ), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), iShares Mortgage Real Estate ETF (REM),

Chicago Atlantic Real Estate Finance (NASDAQ:REFI) pays an annual dividend of $1.88 per share and currently has a dividend yield of 13.16%. REFI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 94.95%. 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 77.05% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for REFI.

(REFI) raised $106 million in an initial public offering on Wednesday, December 8th 2021. The company issued 6,250,000 shares at a price of $16.00-$18.00 per share.

Chicago Atlantic Real Estate Finance trades on the NASDAQ under the ticker symbol "REFI."

Chicago Atlantic Real Estate Finance's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (2.23%), ETF Managers Group LLC (2.10%), Emfo LLC (1.66%), Intrepid Capital Management Inc. (1.19%), HighTower Advisors LLC (0.94%) and State Street Corp (0.59%). Insiders that own company stock include Anthony Cappell, David Kite, Jason D Papastavrou, John Mazarakis and Peter Sack.
View institutional ownership trends.

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.
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One share of REFI stock can currently be purchased for approximately $14.08.

Chicago Atlantic Real Estate Finance (NASDAQ:REFI) has a market capitalization of $254.71 million and generates $48.90 million in revenue each year. The company earns $32.29 million in net income (profit) each year or $1.98 on an earnings per share basis.

The official website for the company is www.chicagoatlanticcredit.com. The company can be reached via phone at 312-809-7002 or via email at investors@chicagoatlantic.com.