Chicago Atlantic Real
(NASDAQ:REFI)
$15.3012
-0.3288[-2.10%]
At close: Apr 16
$15.3012
0[0.00%]
PreMarket: 9:02AM EDT
Q1 2024 Earnings in 14 days from now on Tue May 7th, before the market open
OverviewNewsEarningsGuidanceDividendsAnalyst RatingsInsider TradesShort Interest
62.5%
Overview Rating
Good
Technicals Analysis
66
0100
Financials Analysis
60
0100

Chicago Atlantic Real Stock (NASDAQ:REFI), Quotes and News Summary

Chicago Atlantic Real Stock (NASDAQ: REFI) stock price, news, charts, stock research, profile.

Open-
Close-
Volume / Avg.0 / 90.279K
Day Range- - -
52 Wk Range13.670 - 17.650
Market Cap$278.439M
P/E Ratio7.408
Dividend Yield12.030%
ExchangeNASDAQ
RSI
42
Short Interest
2.51%
Days to Cover2.66

Recent News

Mortgage And Property Finance Giant's $354M Portfolio: Growth Amid Cannabis Sector Volatility
In a recent equity research report by Zuanic & Associates, Chicago Atlantic Real Estate Finance (NASDAQ: REFI) showcases resilience and growth within the volatile cannabis sector.
Nicolás Jose Rodriguez
Cannabis REIT Chicago Atlantic Closes $20M Facility With Massachusetts Weed Co. That Plans To Expand In These Key Markets
Massachusetts-based integrated cannabis operator Nova Farms has received a $20 million loan facility from Chicago Atlantic Real Estate Finance. Nova Farms manages a Massachusetts cultivation farm, seven retail brands, and five full-service dispensaries across the Bay State, Maine, and New Jersey. It was among the first businesses to secure licenses in Massachusetts upon the state's legalization of recreational cannabis back in 2016. Chicago Atlantic's capital investment is expected to back Nova Farms' efforts to expand its footprint of dispensaries in key states, namely New Jersey and Connecticut.
Jelena Martinovic
Cannabis REIT Chicago Atlantic's Net Income Grows 20% YoY In 2023
Cannabis-focused commercial real estate finance company Chicago Atlantic Real Estate Finance, Inc. announced on Tuesday results for the fourth quarter and year ended December 31, 2023. The company reported on Tuesday total loan commitments of roughly $378.8 million – including $371.3 million funded and $7.5 million in future fundings - as of Dec. 31, 2023, across 27 portfolio investments. Net income in the fourth quarter was approximately $9.4 million, or $0.51 per weighted average diluted share, representing a sequential decrease of 5.8%, primarily due to the aforementioned increase in net management and incentive fees. Net Income was approximately $38.7 million in 2023, compared to $32.3 million in last year.
Jelena Martinovic
60%

Financials

Quarterly
Annual
Name
Revenue
Change
Gross
Change
EBITDA
Change
EBIT
Change
Earnings
Change
Analyst Trend
1
Dec 23
0
0
0
0
Mar
1
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
4.0
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell
About Chicago Atlantic Real Estate Finance Inc
Sector
Financials
Industry
Mortgage Real Estate Investment Trusts (REITs)
Chicago Atlantic Real Estate Finance Inc is engaged in a commercial real estate finance company. Its...
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Earnings Per Share
EPS is the portion of a company's profit allocated to each outstanding share of common stock. It is a key metric for investors to assess a company's profitability.
REFI
ARR

FAQ

Q

How do I buy Chicago Atlantic Real (REFI) stock?

A

You can purchase shares of Chicago Atlantic Real (NASDAQ: REFI) through any online brokerage.

View our list of the best stock brokerages.

Q

Who are Chicago Atlantic Real's (REFI) competitors?

A

Other companies in Chicago Atlantic Real’s space includes: ARMOUR Residential REIT (NYSE:ARR), Orchid Island Cap (NYSE:ORC), NexPoint Real Est Finance (NYSE:NREF), Ellington Financial (NYSE:EFC) and Invesco Mortgage Capital (NYSE:IVR).

Q

What is the target price for Chicago Atlantic Real (REFI) stock?

A

The latest price target for Chicago Atlantic Real (NASDAQ: REFI) was reported by Zuanic & Associates on Thursday, April 11, 2024. The analyst firm set a price target for 0.00 expecting REFI to fall to within 12 months (a possible -100.00% downside). 9 analyst firms have reported ratings in the last year.

Q

Current Stock Price for Chicago Atlantic Real (REFI)?

A

The stock price for Chicago Atlantic Real (NASDAQ: REFI) is $15.3012 last updated April 16, 2024 at 9:02 AM EDT.

Q

Does Chicago Atlantic Real (REFI) pay a dividend?

A

A quarterly cash dividend of $0.47 per share of Class A Common Stock. The quarterly cash dividend was payable on April 15, 2024 to stockholders of record on March 27, 2024.

Q

When is Chicago Atlantic Real (NASDAQ:REFI) reporting earnings?

A

Chicago Atlantic Real’s Q1 earnings are confirmed for Tuesday, May 7, 2024.

Q

Is Chicago Atlantic Real (REFI) going to split?

A

There is no upcoming split for Chicago Atlantic Real.

Q

What sector and industry does Chicago Atlantic Real (REFI) operate in?

A

Chicago Atlantic Real is in the Financials sector and Mortgage Real Estate Investment Trusts (REITs) industry. They are listed on the NASDAQ.

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