REFI
Chicago Atlantic Real Estate FinanceREFI
REFI
About: Chicago Atlantic Real Estate Finance Inc is engaged in a commercial real estate finance company. Its primary investment objective is to provide attractive risk-adjusted returns for stockholders over time, through consistent current income dividends and other distributions and secondarily through capital appreciation.
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
3,043% more call options, than puts
Call options by funds: $723K | Put options by funds: $23K
90% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 10
90% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 20
11% more capital invested
Capital invested by funds: $87.6M [Q2] → $96.8M (+$9.23M) [Q3]
10% more funds holding
Funds holding: 88 [Q2] → 97 (+9) [Q3]
1.95% more ownership
Funds ownership: 29.8% [Q2] → 31.75% (+1.95%) [Q3]
50% less funds holding in top 10
Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$20
25%
upside
Avg. target
$20
25%
upside
High target
$20
25%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
JMP Securities Aaron Hecht 55% 1-year accuracy 21 / 38 met price target | 25%upside $20 | Market Outperform Reiterated | 19 Dec 2024 |
Alliance Global Partners Aaron Grey 25% 1-year accuracy 1 / 4 met price target | 25%upside $20 | Buy Initiated | 17 Dec 2024 |
Financial journalist opinion
Based on 5 articles about REFI published over the past 30 days
Neutral
GlobeNewsWire
1 day ago
Chicago Atlantic Real Estate Finance Declares Common Stock Dividend of $0.47 for the Fourth Quarter of 2024
Declares Special Dividend of $0.18 per Common Share for 2024 Tax Year Declares Special Dividend of $0.18 per Common Share for 2024 Tax Year
Neutral
Business Wire
3 days ago
Chicago Atlantic and Lineage Merchant Partners Announce Transformative Merger Agreements in the Cannabis Industry
CHICAGO--(BUSINESS WIRE)--Chicago Atlantic announces transformative merger agreements in Cannabis industry, positioning Vireo to create a comprehensive platform for operators.
Neutral
MarijuanaStocks
1 week ago
3 Cannabis Stocks In The Public Sector You Should Know About
Cannabis stock investors face another complex year ahead. The reason for this is the politics surrounding cannabis reform. For as long as pot stocks have been publicly traded, the pros and cons of reform have always impacted trading. With how far the industry has come, speculation on what will take place in 2025 has amped up. The global cannabis market has consistently generated billions of dollars.
Positive
Benzinga
1 week ago
This Cannabis REIT Offers 13%+ Yield, Safer Returns Than Fed-Backed Bonds
Chicago Atlantic REFI REFI stands out in the cannabis finance sector, receiving an “Overweight” rating from senior analyst Pablo Zuanic at Zuanic & Associates. With a near 14% dividend yield, REFI offers an attractive, less volatile way to gain exposure to the cannabis market.
Positive
Seeking Alpha
3 weeks ago
Of 36 Dividend Power Dogs, 11 Are Buyable In November
Eleven of the 35 Dividend Power Dogs are recommended for their "safer" dividends, with free cash-flow yields exceeding dividend yields, making them ideal buys. The Dividend Power strategy focuses on high earnings yield and high dividend yield, creating a resilient portfolio for both downturns and bull markets. Analysts project significant gains for the top ten DiviPower stocks by November 2025, with potential net gains ranging from 55.4% to 108.51%.
Neutral
MarijuanaStocks
1 month ago
The Best 3 Marijuana Stocks For Investors To Follow
Marijuana stock investors are trying to follow market trends amidst the madness in the sector. As most know the cannabis sector has unpredictable trading patterns due to volatility. Over the last several years volatility for most public cannabis companies has only increased. The reason for this is based on several factors most of which have to do with the legal side of the cannabis industry.
Positive
MarijuanaStocks
1 month ago
Cannabis REITs with Strong Dividend Yields for Your Investment Portfolio
As the cannabis market experiences a pullback, interest is growing in cannabis-focused REITs, which offer a unique approach to investing in this evolving industry. REITs are known for providing steady dividends, making them attractive for income-seeking investors during market downturns. The US cannabis market is projected to reach $41 billion by 2025, highlighting its long-term potential. This industry growth and ongoing legalization efforts bring attention to cannabis REITs as indirect investments. Recently, legalization headlines have fueled volatility, making risk management and technical analysis essential for investors aiming to time their entries and exits wisely.
Positive
MarijuanaStocks
1 month ago
Best Ancillary Cannabis Stocks Positioned for Growth Amid Market Pullback
As the US cannabis industry continues to grow, investor interest remains high. The market, valued at over $13 billion in 2023, is projected to exceed $30 billion by 2025. Despite this positive outlook, recent setbacks have caused a decline in cannabis stocks. One significant blow was Florida's failure to pass Amendment 3, which would have expanded legalization in a crucial state market. This decision has added volatility to the sector. Even so, there is ongoing optimism fueled by pending federal legislation. Any progress on these bills could create fresh momentum for cannabis stocks, underscoring the sector's potential for long-term growth.
Neutral
Seeking Alpha
1 month ago
Chicago Atlantic Real Estate Finance, Inc. (REFI) Q3 2024 Earnings Call Transcript
Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI ) Q3 2024 Results Conference Call November 7, 2024 9:00 AM ET Company Participants Tripp Sullivan - Investor Relations Peter Sack - Co-Chief Executive Officer David Kite - Chief Operating Officer Phillip Silverman - Chief Financial Officer Conference Call Participants Mark Smith - Lake Street Capital Operator Good day, and welcome to the Chicago Atlantic Real Estate Finance Third Quarter 2024 Earnings Call. All participants will be in listen-only mode.
Positive
Zacks Investment Research
1 month ago
Chicago Atlantic Real Estate Finance, Inc. (REFI) Q3 Earnings Surpass Estimates
Chicago Atlantic Real Estate Finance, Inc. (REFI) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.57 per share a year ago.
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