Real Estate
Chicago Atlantic Real Estate Finance, Inc.(REFI)
Live Price
Offline$11.45
+3.06% today
1Y Change
-19.20%
Window
Jun 20, 2025 โ Jun 18, 2026
- Market Cap
- $250.00M
- Revenue Growth
- +15.2%
- EPS Growth
- -10.9%
- Dividend Yield
- 15.7%
Coverage: 250 bars ยท Jun 20, 2025 โ Jun 18, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
Chicago Atlantic Real Estate Finance, Inc. (REFI) is a Real Estate stock with a market cap of $250.00M and listed on NASDAQ. The stock last traded around $11.45 and down 19.2% across the available one-year price window (Jun 20, 2025 โ Jun 18, 2026). Baseline metrics include revenue growth of +15.2%, EPS growth of -10.9%, a dividend yield of 15.7%. What stands out right now is revenue +15.2%, EPS -10.9%, free cash flow +124225.8% with operating margin 14.2% and ROIC 2.0%. The dividend matters to the case here, with a current yield around 15.7%. Valuation is more restrained than many high-expectation growth names at P/E 7.0 and price/sales 4.4. Overall, the current profile looks closer to a income-oriented value setup than a generic broad-market placeholder. Stock Foundry combines REFI price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Real Estate peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Above sector median
+15.2% vs +11.4% peer median
Operating Margin
Below sector median
+14.2% vs +59.6% peer median
P/E
Below sector median
7.0 vs 19.5 peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
Latest report is on the board
2026 was reported on May 6, 2026, but the surprise data is still limited.
The operating picture looks softer than before
Revenue is at +15.2% and EPS is at -10.9%, with operating margin around 14.2%.
Shareholder return is still part of the story
The stock is still offering a dividend yield around 15.7%, which matters if the thesis depends on income as much as growth.
Earnings Reaction Memory
How the stock has tended to move after recent reports.
Across the last 3 reported quarters, the stock averaged -1.4% over the next 5 trading days and finished higher after 2 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS ฮ | 1D | 5D | 20D |
|---|---|---|---|---|
2026 May 6, 2026 | โ | -5.1% | -7.4% | -7.8% |
2026 Mar 12, 2026 | +2.4% | +0.0% | +2.9% | -4.8% |
2025 Nov 4, 2025 | +6.5% | -0.2% | +0.2% | -1.0% |
Benchmark Comparison
Normalized Performance vs SPY
Compare this ticker against a broad index, growth benchmark, or sector ETF using a shared 1Y normalization window.
REFI
โ
Normalized return
SPY
โ
S&P 500
Excess Return
โ
Relative to SPY
REFI Max Drawdown
-24.15%
Trailing 1Y
SPY Max Drawdown
โ
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for REFI and SPY.
Company Overview
Chicago Atlantic Real Estate Finance, Inc.
NASDAQ Global Market
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.
- Leadership
- Anthony Robert Cappell
- IPO Date
- Dec 8, 2021
- Street Address
- 420 North Wabash Avenue
- Mailing
- Miami Beach, IL, 60611
- Region
- Miami Beach, IL, US
- Reporting Currency
- USD
- Investor Line
- 312 809 7002
- Last Updated
- May 4, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- 7.0
- EV/EBITDA
- 41.3
- Price/Sales
- 4.4
- Price/Book
- 0.8
Growth
- Revenue
- +15.2%
- EPS
- -10.9%
- Free Cash Flow
- +124225.8%
Profitability
- Gross Margin
- 96.6%
- Operating Margin
- 14.2%
- Net Margin
- 62.7%
- ROE
- 11.6%
- ROIC
- 2.0%
Balance Sheet
- Debt/Equity
- 0.32
- Current Ratio
- 0.28
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.