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

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Chicago Atlantic Real Estate Finance in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" REFI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in REFI, but not buy additional shares or sell existing shares.
View REFI analyst ratings or view top-rated stocks.

3 Wall Street analysts have issued 1 year target prices for Chicago Atlantic Real Estate Finance's shares. Their REFI share price targets range from $16.00 to $20.00. On average, they predict the company's stock price to reach $17.33 in the next twelve months. This suggests a possible upside of 12.8% 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 $16.18 at the beginning of 2024. Since then, REFI stock has decreased by 5.0% and is now trading at $15.37.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our REFI earnings forecast.

Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI) released its quarterly earnings data on Wednesday, August, 9th. The company reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.64 by $0.10. The company had revenue of $14.66 million for the quarter, compared to analyst estimates of $15.78 million. Chicago Atlantic Real Estate Finance had a net margin of 64.78% and a trailing twelve-month return on equity of 14.65%. During the same period last year, the firm earned $0.50 earnings per share.

Chicago Atlantic Real Estate Finance announced a quarterly dividend on Friday, March 15th. Shareholders of record on Thursday, March 28th will be paid a dividend of $0.47 per share on Monday, April 15th. This represents a $1.88 annualized dividend and a dividend yield of 12.23%. The ex-dividend date is Wednesday, March 27th.
Read our dividend analysis for REFI.

Chicago Atlantic Real Estate Finance (NASDAQ:REFI) pays an annual dividend of $1.88 per share and currently has a dividend yield of 12.15%. REFI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 88.68%. 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 83.19% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for REFI.

ETFs with the largest weight of Chicago Atlantic Real Estate Finance (NASDAQ:REFI) stock in their portfolio include AXS Cannabis ETF (THCX), AdvisorShares Pure Cannabis ETF (YOLO), Amplify Alternative Harvest ETF (MJ), Amplify Seymour Cannabis ETF (CNBS) and iShares Mortgage Real Estate ETF (REM).Amplify U.S. Alternative Harvest ETF (MJUS).

Chicago Atlantic Real Estate Finance (REFI) raised $106 million in an IPO on Wednesday, December 8th 2021. The company issued 6,250,000 shares at a price of $16.00-$18.00 per share.

Shares of REFI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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