Chicago Atlantic Real Estate Finance, Inc.
General ticker "REFI" information:
- Sector: Real Estate
- Industry: REIT - Mortgage
- Capitalization: $269.9M (TTM average)
Chicago Atlantic Real Estate Finance, Inc. does not follow the US Stock Market performance with the rate: -27.5%.
Estimated limits based on current volatility of 0.8%: low 10.73$, high 10.91$
Factors to consider:
- Company pays dividends (quarterly): last record date 2026-06-30, amount 0.47$ (Y17.28%)
- Top business risk factors: Limited operating history, Management dependency, Cannabis industry risks, Interest rate risk, Financing availability
- Price in estimated range
- Earnings for 6 months up through Q2 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2025-12-31 to 2027-12-31
- 2025-12-31 to 2026-12-31 estimated range: [9.85$, 13.73$]
- 2026-12-31 to 2027-12-31 estimated range: [9.71$, 13.52$]
Financial Metrics affecting the REFI estimates:
- Positive: with PPE of 6.8 at the end of fiscal year the price was low
- Positive: Operating profit margin, % of 64.82 > 18.77
- Positive: 6.77 < Operating cash flow per share per price, % of 10.71
- Positive: Return on assets ratio (scaled to [-100,100]) of 7.81 > 6.06
- Negative: 0.75 < Interest expense per share per price, % of 2.81
- Negative: Shareholder equity ratio, % of 72.44 > 63.63
- Positive: Investing cash flow per share per price, % of 3.25 > -0.64
- Positive: Industry earnings per price (median), % of 6.10 > 4.32
- Positive: Industry operating profit margin (median), % of 55.90 > 9.99
Short-term REFI quotes
Long-term REFI plot with estimates
Financial data
| YTD | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating Revenue | $57.33MM | $54.78MM | $55.56MM |
| Operating Expenses | $18.62MM | $17.74MM | $19.54MM |
| Operating Income | $38.71MM | $37.05MM | $36.01MM |
| Interest Expense | $5.75MM | $7.15MM | $7.55MM |
| Income(Loss) | $38.71MM | $37.05MM | $36.01MM |
| Net Income(Loss)* | $38.71MM | $37.05MM | $36.01MM |
| Stockholders Equity | $271.85MM | $308.96MM | $307.81MM |
| Assets | $359.23MM | $435.15MM | $424.92MM |
| Operating Cash Flow | $28.42MM | $23.16MM | $28.79MM |
| Capital expenditure | $0.00MM | $0.00MM | $0.00MM |
| Investing Cash Flow | $-1.93MM | $-39.30MM | $8.74MM |
| Financing Cash Flow | $-24.31MM | $34.64MM | $-48.98MM |
| Earnings Per Share** | $2.14 | $1.92 | $1.71 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.