Real Estate -
REIT - Mortgage - NASDAQ - US
$ 14.66
-0.68 %
$ 307 M
Market Cap
7.77
P/E
1. INTRINSIC VALUE
Balance Sheet
Chicago Atlantic Real Estate Finance, Inc.
| Current Assets | 26.4 B |
| Cash & Short-Term Investments | 26.4 B |
| Receivables | 4.82 M |
| Other Current Assets | 0 |
| Non-Current Assets | -26 B |
| Long-Term Investments | 0 |
| PP&E | 0 |
| Other Non-Current Assets | -26 B |
| Current Liabilities | 49.1 B |
| Accounts Payable | 0 |
| Short-Term Debt | 49.1 B |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 77.1 B |
| Long-Term Debt | 0 |
| Other Non-Current Liabilities | 77.1 B |
EFFICIENCY
Earnings Waterfall
Chicago Atlantic Real Estate Finance, Inc.
| Revenue | 54.8 M |
| Cost Of Revenue | 668 K |
| Gross Profit | 54.1 M |
| Operating Expenses | 7.25 B |
| Operating Income | -7.19 B |
| Other Expenses | -7.23 B |
| Net Income | 37 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Chicago Atlantic Real Estate Finance, Inc.
| Net Income | 37 M |
| Depreciation & Amortization | 0 |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 3.06 M |
| Change in Working Capital | -6.78 M |
| Others | -17.7 M |
| Free Cash Flow | 23.2 M |
Wall Street Analysts Price Targets
Chicago Atlantic Real Estate Finance, Inc.
REFI has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
3.03%
DIVIDEND YIELD
0.47 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Chicago Atlantic Real Estate Finance, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
44.1 K USD 1
9-12 MONTHS
0 USD 0
Bought
10 K USD 1
0-3 MONTHS
0 USD 0
3-6 MONTHS
44 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Chicago Atlantic Real Estate Finance, Inc. (REFI) Q1 2025 Earnings Call Transcript
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.
seekingalpha.com
- 1 week ago
Chicago Atlantic Real Estate Finance, Inc. (REFI) Q1 Earnings Surpass Estimates
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.
zacks.com
- 1 week ago
Top Cannabis REITs to Watch for High Dividends and Long-Term Growth in 2025
The U.S. cannabis industry continues expanding rapidly, with projections suggesting it could reach $45 billion by 2025. More states are legalizing cannabis for medical and recreational use, boosting demand across the nation. Currently, 24 states allow adult-use cannabis, supporting thousands of dispensaries and grow operations. Additionally, the industry provides over 440,000 full-time jobs, strengthening its economic importance. Meanwhile, recent developments in federal policy signal possible changes ahead. Lawmakers are pushing for cannabis reform, and discussions around federal reclassification have gained momentum. As a result, investor interest is rising steadily, especially in real estate tied to cannabis operations. However, navigating this evolving market requires careful attention and research. Therefore, focusing on cannabis REITs with proven portfolios and strong tenants remains a smart strategy. In particular, companies that operate across multiple states offer added stability and diversification.
marijuanastocks.com
- 3 weeks ago
Chicago Atlantic Real Estate Finance: Is The Dividend Yield Safe
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.
seekingalpha.com
- 4 weeks ago
Chicago Atlantic Real Estate Finance Schedules First Quarter 2025 Earnings Release and Conference Call Date
CHICAGO, April 17, 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 first quarter ended March 31, 2025.
globenewswire.com
- 1 month ago
3 Marijuana Stocks That Could Be Top Market Performers
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.
marijuanastocks.com
- 1 month ago
Chicago Atlantic Real Estate Finance Declares Common Stock Dividend of $0.47 for the First Quarter of 2025
CHICAGO, March 17, 2025 (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 first quarter of 2025. The regular quarterly dividend, which equates to an annualized rate of $1.88 per common share, is payable on April 15, 2025, to shareholders of record as of the close of business on March 31, 2025.
globenewswire.com
- 2 months ago
Chicago Atlantic Real Estate Finance, Inc. (REFI) Q4 2024 Earnings Call Transcript
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.
seekingalpha.com
- 2 months ago
Chicago Atlantic Real Estate Finance, Inc. (REFI) Q4 Earnings Lag Estimates
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.
zacks.com
- 2 months ago
Chicago Atlantic Real Estate Finance Announces Fourth Quarter 2024 Financial Results
CHICAGO, March 12, 2025 (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 results for the fourth quarter and year ended December 31, 2024.
globenewswire.com
- 2 months ago
Top 3 Cannabis REITs for March 2025: Strong Dividends and Market Expansion
The U.S. cannabis industry continues to expand rapidly, with sales expected to reach $40 billion by 2025. Legalization efforts are also gaining momentum. Recently, several states have introduced bills to legalize recreational cannabis, increasing investor interest. Cannabis real estate investment trusts (REITs) are crucial in this industry. They provide capital to cannabis operators through property acquisitions and lease agreements. This model allows companies to grow without heavy real estate expenses. As demand for cannabis properties rises, REITs offer investors a way to benefit from market expansion. However, proper risk management is essential due to market volatility.
marijuanastocks.com
- 2 months ago
Chicago Atlantic Real Estate Finance Schedules Fourth Quarter 2024 Earnings Release and Conference Call Date
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.
globenewswire.com
- 2 months ago
8. Profile
Summary
Chicago Atlantic Real Estate Finance, Inc. REFI
COUNTRY
US
INDUSTRY
REIT - Mortgage
MARKET CAP
$ 307 M
Dividend Yield
3.03%
Description
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.
Contact
420 North Wabash Avenue, Chicago, IL, 60611
https://investors.refi.reit
IPO
Date
Dec. 8, 2021
Employees
None
Officers
Mr. David Kite
Chief Operating Officer of Chicago Atlantic REIT Manager, LLC
Ms. Brett Clayton
Controller
Mr. John Michael Mazarakis
Executive Chairman of the Board of Chicago Atlantic REIT Manager, LLC
Mr. Anthony Robert Cappell
Co-Chief Executive Officer & Director of Chicago Atlantic REIT Manager, LLC
Dr. Andreas A. Bodmeier Ph.D.
President, Chief Investment Officer & Director of Chicago Atlantic REIT Manager, LLC
Mr. Peter S. Sack
Co-Chief Executive Officer & Director of Chicago Atlantic REIT Manager, LLC