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CHICAGO ATLANTIC REAL ESTATE

REFINASDAQ
🏆 #3623 by market capEarnings Nov 2US Equity
$10.69▲ $0.02 (+0.23%)
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24h▲ 0.2%
7d▼ 1.5%
14d▼ 2.2%
30d▼ 0.3%
ytd▼ 12.7%
1y▼ 18.5%
🏦Market Cap
$228M
Small Cap
📈Revenue Growth (YoY)
+15.2%
Healthy
📊Gross Margin
91.3%
High
💵FCF Margin
44.8%
Strong
⚖️P/S Ratio
3.8x
Fair
Otter Score
56
Weak

Trading Snapshot

Day Range
$10.62 – $10.89
52-Week Range
$9.69 – $13.49
Volume
$3.95B
Avg Volume
$3.86B
Shares Outstanding
21.3M
Next Earnings
Oct 27, 2026

Fundamentals Snapshot

Annual Revenue
$63M
Last Q Revenue
$15M
P/E Ratio
7.8
P/S Ratio
3.8x
EPS (TTM)
$1.38
Dividend Yield
17.39%
Dilution (1yr)
+5.8%

Why Investors Own REFI

  • ✓High-growth profile — revenue up +58.2% YoY with expanding US Equity exposure.
  • ✓Healthy economics — 42% gross margin and 18% free-cash-flow margin.
  • ✓New products and segments could unlock additional revenue streams.
⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

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CHICAGO ATLANTIC REAL ESTATE

REFI
Financial Trends
RevenueThe total money the company brought in from sales, before subtracting any costs.
$63M▲ +15.2% YoY
Gross MarginOf every $1 of sales, how much is left after the direct cost of making the product/service. Higher = more efficient.
86.9%▼ −13.1% YoY
Operating IncomeProfit from the core business after operating costs, but before interest and taxes. Negative means the core business isn’t profitable yet.
$36M▲ +0.0% YoY
Free Cash FlowCash left over after running the business and paying for equipment/capex. Negative means the company is burning cash.
$29M▲ +24.3% YoY
Shares OutstandingHow many shares exist. Rising means the company is issuing more shares, which dilutes (shrinks) each existing owner’s slice.
21.4M▲ +5.8% YoY
Net CashCash minus total debt. Positive = more cash than debt (financially strong); negative = more debt than cash (net debt).
−$83M▼ −$6M YoY
StockOtter · stockotter.space

About CHICAGO ATLANTIC REAL ESTATE

Chicago Atlantic Real Estate Finance, Inc. functions as a commercial real estate financing enterprise operating throughout the United States. Its primary activities include developing, arranging, and deploying capital into various secured debt instruments, notably first mortgage loans, which are collateralized by commercial properties. A specific area of focus for the company is extending senior-priority loans to both state-approved operators and property owners within the legal cannabis industry. Chicago Atlantic has chosen to be taxed as a Real Estate Investment Trust (REIT), which allows it to avoid federal corporate income tax, conditional on distributing a minimum of 90% of its taxable profits to its investors. The firm was established in 2021 and is headquartered in Chicago, Illinois.

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Otter Score Breakdown

How it's scoredFive components, each rated 1–5★ and equally weighted (20%), averaged to a 0–100 score:💎 Quality — gross margin🚀 Growth — revenue YoY⚖️ Valuation — P/S ratio⚡ Momentum — 30-day price change💧 Dilution — 1-yr share issuance (buybacks score higher)
💎Quality★★★★★
🚀Growth★★★★★
⚖️Valuation★★★★★
⚡Momentum★★★★★
💧Dilution★★★★★
Overall Score
Weak
56/100

Analyst Price Target

ⓘ
Average Target
$12.85
▲ +20.2% Upside
High Target$15.77
Low Target$10.98
Based on 34 analysts

Latest News & Updates

🚀
Barron’s·2h ago

CHICAGO ATLANTIC REAL ESTATE tops quarterly estimates as demand accelerates

Revenue grew double digits with management guiding above consensus; margins continued to expand.

🛰️
Barron’s·5h ago

Analysts lift REFI price targets on improving margins

Several firms raised targets, citing stronger free cash flow and a healthier backlog.

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Bloomberg·1d ago

CHICAGO ATLANTIC REAL ESTATE announces new agreement to expand its footprint

The move broadens the company’s reach and could add incremental revenue over the next year.