REFI — Chicago Atlantic Real Estate Finance, Inc.

Nasdaq · Real Estate · Equity Real Estate Investment Trusts (REITs) · CIK 1867949 ·
Last close
$11.32
Market Cap
$240.07M
52W High
$12.38
52W Low
$10.74
ADV30
155,577
Next earnings
Chicago Atlantic Real Estate Finance, Inc. operates as a commercial mortgage real estate investment trust in the United States. It engages in originating, structuring, and investing in first mortgage loans and alternative structured financings secured by commercial real estate properties. The company's loan portfolio is comprised of 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. Chicago Atlantic Real Estate Finance, Inc. was incorporated in 2021 and is based in Miami Beach, Florida.

Quarterly Fundamentals

Revenues vs Net Income (last 4 Q)

Assets vs Liabilities (last 4 Q)

PeriodRevenuesGrossProfit OpIncomeNetIncomeAssets CashLiabilities
Mar 2026 12,918,086 4,840,364 435,948,612 27,855,945 132,525,954
Dec 2025 14,238,204 8,157,250 424,915,648 14,948,884 117,101,172
Sep 2025 13,685,274 8,934,539 427,077,164 28,920,537 117,162,485
Jun 2025 14,589,987 8,877,375 455,214,325 35,562,084 145,185,935

Cashflow TTM (yfinance, fills SEC gap)

Operating CF
$28,792,608
Investing CF
$8,736,720
Financing CF
$-48,980,892
CapEx
Dividends Paid
$-43,843,629
Buybacks
EPS Diluted TTM
$1.68
As of
2026-05-10

Balance + Analyst (yfinance extras)

Retained Earnings
$-15,522,181
Inventory
Receivables
$5,199,737
ST Investments
EBIT TTM
Pretax Income TTM
$36,010,476
Interest Exp TTM
$7,545,641
Analysts
4

Yahoo Snapshot (yfinance, live)

Total Revenue
$49,830,376
EBITDA
Free Cash Flow
Enterprise Value
$328,653,120
Total Cash
$27,855,944
Total Debt
$116,443,248
Shares Out
21,207,228
Trailing EPS
$1.44
Book Value
$14.60
ROE
10.0%
ROA
7.2%
Div Yield
16.62%

Annual Trend (SEC EDGAR, last 4y)

Revenues vs Net Income (last 4y)

FY endRevenuesOpIncome NetIncomeAssetsLiabilities EquityOCF
Dec 2025 55,555,399 36,010,478 424,915,648 117,101,172 28,792,608
Dec 2024 54,782,709 37,045,403 435,148,974 126,190,877 23,159,376
Dec 2023 57,327,489 38,710,248 359,225,597 87,372,206 28,416,459
Dec 2022 48,857,628 32,292,477 343,271,050 79,238,027 17,005,155

TTM Snapshot

Revenues TTM
NetIncome TTM
OpCashFlow TTM
Assets (Latest)
Forward EPS
$1.92

Peers — same industry

TickerNameMarket CapLastDaily %
HLTC National Healthcare Properties, Inc. $240.52M $8.50
MITT TPG Mortgage Investment Trust, Inc. $246.79M $7.76
STRS STRATUS PROPERTIES INC $229.58M $28.76
NXDT NEXPOINT DIVERSIFIED REAL ESTATE TRUST $263.27M $5.09
ARL AMERICAN REALTY INVESTORS INC $269.74M $16.70

News headlines (Yahoo Finance, 1h cache)

Chicago Atlantic Real Estate Finance Q1 Earnings Call Highlights
2026-05-08 23:05 · Yahoo
Chicago Atlantic Real Estate Finance, Inc. (REFI) Misses Q1 Earnings and Revenue Estimates
2026-05-07 12:50 · Yahoo
Chicago Atlantic Real Estate Finance Announces First Quarter 2026 Financial Results
2026-05-07 11:00 · Yahoo
NerdWallet, Inc. (NRDS) Q1 Earnings Top Estimates
2026-05-07 01:45 · Yahoo
This Chicago Atlantic Real Estate Finance Insider Increased Their Holding In The Last Year
2026-05-05 15:48 · Yahoo
ChoiceOne Financial Services, Inc. (COFS) Q1 Earnings Surpass Estimates
2026-04-24 12:40 · Yahoo
Chicago Atlantic Real Estate Finance Schedules First Quarter 2026 Earnings Release and Conference Call Date
2026-04-16 20:15 · Yahoo
Best Income Stocks to Buy for April 13th
2026-04-13 12:23 · Yahoo
New Strong Buy Stocks for April 13th
2026-04-13 09:03 · Yahoo
Top Affordable REITs to Boost Your Portfolio Income
2026-04-09 22:14 · Yahoo

Recent Insider Activity

No insider activity indexed for this ticker.