REFI
Chicago Atlantic Real Estate Finance, Inc.
$11.30
-0.11
(-0.96%)
Mkt Cap
239.64M
Volume
103,553
52W Range
10.74-14.97
Sector
Real Estate
Beta
0.32
EPS (TTM)
1.46
P/E Ratio
7.74
Revenue (TTM)
59.52M
Rev Growth (5Y)
+44.5%
EPS Growth (5Y)
+33.4%
AlphaVal · Fair Value
$33.42
Undervalued · Strong
66.2% below fair value
AlphaQuality · Grade
B-
Real Estate Investment Trust
67.5 / 100 composite
Company Description
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.
Track Record
Showing latest 4 periods • Swipe for more
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 63.10M | 54.78M | 57.33M | 48.86M | 14.47M |
| Net Income | 36.01M | 37.05M | 38.71M | 32.29M | 12.66M |
| EPS | 1.71 | 1.92 | 2.14 | 1.83 | 0.54 |
| Free Cash Flow | 28.79M | 23.16M | 28.42M | 17.01M | 6.67M |
| FCF / Share | 1.37 | 1.20 | 1.57 | 0.96 | 0.38 |
| Operating CF | 28.79M | 23.16M | 28.42M | 17.01M | 6.67M |
| Total Assets | 424.92M | 435.15M | 359.23M | 343.27M | 278.17M |
| Total Debt | 98.43M | 104.10M | 66.00M | 58.00M | 0 |
| Cash & Equiv | 14.95M | 26.40M | 7.90M | 5.72M | 80.25M |
| Book Value | 307.81M | 308.96M | 271.85M | 264.03M | 264.08M |
| Return on Equity | 0.12 | 0.12 | 0.14 | 0.12 | 0.05 |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 15.16M | 16.08M | 13.69M | 14.59M | 13.04M | 13.90M | 14.46M | 13.18M | 13.24M | 15.09M | 13.82M | 13.66M |
| Net Income | 4.84M | 8.16M | 8.93M | 8.88M | 10.04M | 7.92M | 11.21M | 9.18M | 8.73M | 9.40M | 9.98M | 8.64M |
| EPS | 0.23 | 0.39 | 0.42 | 0.42 | 0.48 | 0.40 | 0.57 | 0.47 | 0.48 | 0.52 | 0.55 | 0.48 |
| Free Cash Flow | 3.16M | 6.52M | 8.19M | 6.46M | 7.63M | 1.83M | 8.20M | 6.21M | 6.92M | 15.50M | 999,964 | 10.21M |
| FCF / Share | 0.15 | 0.31 | 0.39 | 0.31 | 0.37 | 0.09 | 0.42 | 0.32 | 0.38 | 0.85 | 0.06 | 0.56 |
| Operating CF | 3.16M | 6.52M | 8.19M | 6.46M | 7.63M | 1.83M | 8.20M | 6.21M | 6.92M | 15.50M | 999,964 | 10.21M |
| Total Assets | 435.95B | 424.92M | 427.08M | 455.21M | 414.67M | 435.15M | 365.91M | 386.49M | 383.65M | 359.23M | 352.31M | 330.56M |
| Total Debt | 49.39B | 98.43M | 101.67M | 120.42M | 87.16M | 104.10M | 54.00M | 76.75M | 81.25M | 66.00M | 63.00M | 43.00M |
| Cash & Equiv | 27.86B | 14.95M | 28.92M | 35.56M | 9.88M | 26.40M | 6.76M | 7.07M | 6.90M | 7.90M | 8.70M | 18.02M |
| Book Value | 303.42B | 307.81M | 309.91M | 310.03M | 310.78M | 308.96M | 295.47M | 292.72M | 285.96M | 271.85M | 275.79M | 273.69M |
| Return on Equity | 0.00 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.04 | 0.03 | 0.03 | 0.03 | 0.04 | 0.03 |
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