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REFI

REFI - Chicago Atlantic Real Estate Finance Stock Price, Fair Value and News

15.82USD+0.04 (+0.25%)Market Closed

Market Summary

REFI
USD15.82+0.04
Market Closed
0.25%

REFI Stock Price

View Fullscreen

REFI RSI Chart

REFI Valuation

Market Cap

302.2M

Price/Earnings (Trailing)

8.22

Price/Sales (Trailing)

4.94

EV/EBITDA

3.18

Price/Free Cashflow

8.98

REFI Price/Sales (Trailing)

REFI Profitability

EBT Margin

60.03%

Return on Equity

12.85%

Return on Assets

9.58%

Free Cashflow Yield

11.13%

REFI Fundamentals

REFI Revenue

Revenue (TTM)

61.2M

Rev. Growth (Yr)

-7.16%

Rev. Growth (Qtr)

-9.89%

REFI Earnings

Earnings (TTM)

36.7M

Earnings Growth (Yr)

-18.35%

Earnings Growth (Qtr)

-7.1%

Breaking Down REFI Revenue

Last 7 days

0.6%

Last 30 days

0.3%

Last 90 days

-1.1%

Trailing 12 Months

1.2%

How does REFI drawdown profile look like?

REFI Financial Health

REFI Investor Care

Dividend Yield

13.72%

Dividend/Share (TTM)

2.17

Shares Dilution (1Y)

5.59%

Diluted EPS (TTM)

1.99

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202461.2M000
202358.0M60.2M61.6M62.4M
202200051.2M
20210000

Tracking the Latest Insider Buys and Sells of Chicago Atlantic Real Estate Finance

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 01, 2024
silverman phillip
acquired
-
-
5,717
cfo
Apr 01, 2024
cappell anthony
acquired
680,581
15.59
43,655
co-chief executive officer
Apr 01, 2024
sack peter
acquired
177,539
15.59
11,388
co-chief executive officer
Apr 01, 2024
konigsberg brandon
acquired
75,003
15.59
4,811
-
Apr 01, 2024
steiner michael l.
acquired
75,003
15.59
4,811
-
Apr 01, 2024
gulbrandsen donald e.
acquired
75,003
15.59
4,811
co-president and cio
Apr 01, 2024
herbst frederick c
acquired
75,003
15.59
4,811
-
Apr 01, 2024
papastavrou jason d
acquired
75,003
15.59
4,811
-
Apr 01, 2024
bodmeier andreas
acquired
680,581
15.59
43,655
president and cio
Apr 01, 2024
mazarakis john
acquired
680,581
15.59
43,655
executive cob

1–10 of 50

Which funds bought or sold REFI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
Tidal Investments LLC
new
-
8,223,760
8,223,760
0.14%
May 16, 2024
JANE STREET GROUP, LLC
new
-
274,934
274,934
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-38.92
-17,648
25,957
-%
May 15, 2024
DEUTSCHE BANK AG\
unchanged
-
-2,810
108,072
-%
May 15, 2024
AlTi Global, Inc.
added
2.9
-2,971
216,975
0.01%
May 15, 2024
BARCLAYS PLC
reduced
-48.87
-182,000
181,000
-%
May 15, 2024
BANK OF AMERICA CORP /DE/
reduced
-68.91
-329,771
143,396
-%
May 15, 2024
PRICE T ROWE ASSOCIATES INC /MD/
added
5.05
9,000
365,000
-%
May 15, 2024
Penserra Capital Management LLC
new
-
473,000
473,000
0.01%
May 15, 2024
Tower Research Capital LLC (TRC)
reduced
-97.64
-88,981
2,097
-%

1–10 of 47

Are Funds Buying or Selling REFI?

Are funds buying REFI calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own REFI
No. of Funds

Unveiling Chicago Atlantic Real Estate Finance's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Jan 26, 2024
blackrock inc.
7.3%
1,319,746
SC 13G

Recent SEC filings of Chicago Atlantic Real Estate Finance

View All Filings
Date Filed Form Type Document
May 07, 2024
8-K
Current Report
May 07, 2024
10-Q
Quarterly Report
Apr 26, 2024
DEF 14A
DEF 14A
Apr 26, 2024
ARS
ARS
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading

Peers (Alternatives to Chicago Atlantic Real Estate Finance)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
91.9B
11.2B
4.77% 2.30%
46.55
8.2
3.63% 50.79%
43.4B
6.8B
-0.37% -12.60%
31.11
6.33
-2.39% -16.60%
28.4B
2.8B
0.90% 5.12%
29.76
10.13
5.72% -6.46%
20.5B
3.0B
-4.13% -5.19%
104.32
6.93
10.44% -73.79%
13.0B
-
-1.81% 1.94%
30.71
7.99
8.93% 11.87%
11.4B
1.4B
1.35% 0.33%
30.21
8.32
10.48% -2.04%
MID-CAP
9.6B
3.3B
-4.45% 9.16%
50.09
2.91
4.82% -75.15%
8.4B
1.2B
-1.57% 6.43%
35.42
7.34
5.48% -38.69%
3.7B
913.7M
4.85% 112.77%
-7.19
4.03
1.13% -307.54%
3.2B
878.0M
-4.51% 31.88%
-9.36
3.65
2.35% -290.39%
SMALL-CAP
1.3B
444.1M
-4.58% 8.04%
19.4
3
3.54% 8.91%
1.2B
198.2M
-0.74% -4.62%
-7.32
6.02
-43.33% -308.08%
1.1B
650.2M
-0.65% -6.88%
36.04
1.7
27.93% 140.31%
551.0M
285.4M
-2.93% -40.99%
-4.32
1.93
11.05% 83.70%
445.3M
277.2M
-1.95% -19.02%
-54.3
1.61
25.89% 94.64%

Chicago Atlantic Real Estate Finance News

Latest updates
Seeking Alpha04 Jun 202407:00 am

Chicago Atlantic Real Estate Finance Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q4
Revenue-9.9%15.0017.0015.0014.0017.0016.0014.0011.0010.00-
Operating Expenses----5.004.008.003.004.002.001.00
  S&GA Expenses-2.5%1.001.001.00-1.001.001.001.001.00-
EBITDA Margin-1.9%1.51*1.54*1.60*1.62*1.61*1.59*----
Interest Expenses-7.7%13.0014.0014.0015.0015.0015.0013.0012.0010.006.00
Income Taxes-----------
Earnings Before Taxes-7.1%9.009.0010.009.0011.007.0010.007.008.004.00
EBT Margin-3.2%0.60*0.62*0.61*0.62*0.62*0.63*----
Net Income-7.1%9.009.0010.009.0011.007.0010.007.008.004.00
Net Income Margin-3.2%0.60*0.62*0.61*0.62*0.62*0.63*----
Free Cashflow-55.4%7.0016.001.0010.002.005.005.004.003.00-5.57
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q4
Assets6.8%384359352331323343340338286278
    Cash Equivalents-12.7%7.008.009.0018.005.006.009.007.006.0080.00
Liabilities11.8%98.0087.0077.0057.0051.0079.0070.0069.0017.0014.00
Shareholder's Equity5.2%286272276274272264270269269264
  Retained Earnings-4.8%-6.09-5.81-1.34-2.90-2.98-5.141.00-0.351.00-0.18
  Additional Paid-In Capital5.2%292277277276275269269269269264
Shares Outstanding0%18.0018.0018.0018.0018.0018.0018.0018.0018.0017.00
Float----242---264--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations-55.4%6,91815,5041,00010,2111,7024,6275,0034,3393,036-5,57210,7861,455
  Share Based Compensation-1.1%53153754026413810785.00123121---
Cashflow From Investing-74.3%-18,717-10,739-21,7015,19825,317-4,519-1,995-41,553-77,175-50,629-62,620-31,970
Cashflow From Financing294.1%10,806-5,56811,383-2,029-28,093-3,723-29937,760-30.61127,80959,63331,359
  Dividend Payments61.8%13,8678,5688,5628,51813,4868,2998,2997,0634,512---
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REFI Income Statement

2024-03-31
Consolidated Statements of Income (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues  
Interest income$ 15,343,667$ 16,527,304
Interest expense(2,104,050)(1,618,296)
Net interest income13,239,61714,909,008
Expenses  
Management and incentive fees, net1,754,7412,138,005
General and administrative expense1,390,2671,274,825
Professional fees449,858569,375
Stock based compensation531,293138,335
Provision for current expected credit losses380,27996,119
Total expenses4,506,4384,216,659
Change in unrealized gain on debt securities, at fair value(75,604)
Realized gain on debt securities, at fair value72,428
Net Income before income taxes8,730,00310,692,349
Income tax expense00
Net Income$ 8,730,003$ 10,692,349
Earnings per common share:  
Basic earnings per common share (in Dollars per share)$ 0.48$ 0.6
Diluted earnings per common share (in Dollars per share)$ 0.47$ 0.6
Weighted average number of common shares outstanding:  
Basic weighted average shares of common stock outstanding (in Shares)18,273,91917,879,444
Diluted weighted average shares of common stock outstanding (in Shares)18,640,49217,960,103

REFI Balance Sheet

2024-03-31
Consolidated Balance Sheets - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Assets  
Loans held for investment$ 359,317,126$ 337,238,122
Loan held for investment - related party (Note 7)16,527,18816,402,488
Loans held for investment, at carrying value[1],[2]375,844,314353,640,610
Current expected credit loss reserve(5,356,018)(4,972,647)
Loans held for investment at carrying value, net370,488,296348,667,963
Cash and cash equivalents6,904,1137,898,040
Other receivables and assets, net5,143,318705,960
Interest receivable926,8521,004,140
Related party receivables192,354107,225
Debt securities, at fair value 842,269
Total Assets383,654,933359,225,597
Liabilities  
Revolving loan81,250,00066,000,000
Dividend payable9,007,24413,866,656
Related party payables1,819,4283,243,775
Management and incentive fees payable1,754,7412,051,531
Accounts payable and other liabilities1,342,8721,135,355
Interest reserve2,519,8711,074,889
Total Liabilities97,694,15687,372,206
Commitments and contingencies (Note 8)
Stockholders’ equity  
Common stock, par value $0.01 per share, 100,000,000 shares authorized and 19,100,282 and 18,197,192 shares issued and outstanding, respectively191,003181,972
Additional paid-in-capital291,858,521277,483,092
Accumulated deficit(6,088,747)(5,811,673)
Total stockholders’ equity285,960,777271,853,391
Total liabilities and stockholders’ equity$ 383,654,933$ 359,225,597
[1]Amounts are presented by loan origination year with subsequent advances shown in the original year of origination.
[2]Loan #9 placed on non-accrual status is included in risk rating category “4” and has a reserve for current expected credit losses of approximately $1.3 million as of March 31, 2024 and $1.5 million as of December 31, 2023.
REFI
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 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.
0
 CEO
 WEBSITErefi.reit
 INDUSTRYREIT Mortgage

Chicago Atlantic Real Estate Finance Frequently Asked Questions


What is the ticker symbol for Chicago Atlantic Real Estate Finance? What does REFI stand for in stocks?

REFI is the stock ticker symbol of Chicago Atlantic Real Estate Finance. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Chicago Atlantic Real Estate Finance (REFI)?

As of Wed Jun 12 2024, market cap of Chicago Atlantic Real Estate Finance is 301.4 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of REFI stock?

You can check REFI's fair value in chart for subscribers.

What is the fair value of REFI stock?

You can check REFI's fair value in chart for subscribers. The fair value of Chicago Atlantic Real Estate Finance is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Chicago Atlantic Real Estate Finance is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for REFI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Chicago Atlantic Real Estate Finance a good stock to buy?

The fair value guage provides a quick view whether REFI is over valued or under valued. Whether Chicago Atlantic Real Estate Finance is cheap or expensive depends on the assumptions which impact Chicago Atlantic Real Estate Finance's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for REFI.

What is Chicago Atlantic Real Estate Finance's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Jun 12 2024, REFI's PE ratio (Price to Earnings) is 8.2 and Price to Sales (PS) ratio is 4.92. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. REFI PE ratio will change depending on the future growth rate expectations of investors.