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.
Frequently asked questions
What sector does Chicago Atlantic Real Estate Finance Inc (REFI) operate in?
Chicago Atlantic Real Estate Finance Inc belongs to the Financials sector and operates in the REIT - Mortgage industry.
What is Chicago Atlantic Real Estate Finance Inc (REFI) current stock price?
As of the latest data, Chicago Atlantic Real Estate Finance Inc stock price is $10.27, with a previous close of $10.15. Chicago Atlantic Real Estate Finance Inc gained $0.12 in the last trading session, representing a 1.18% increase.
What is Chicago Atlantic Real Estate Finance Inc (REFI) current market capitalization?
Chicago Atlantic Real Estate Finance Inc market cap is approximately 263.13 million.
What is Chicago Atlantic Real Estate Finance Inc (REFI) Earnings Per Share (EPS)?
The trailing EPS is $1.36, and the forward EPS is $1.86.
What is Chicago Atlantic Real Estate Finance Inc (REFI) Price-to-Earnings (P/E) ratio?
Chicago Atlantic Real Estate Finance Inc current P/E ratio is 7.55, with a forward P/E of 5.52.
Does Chicago Atlantic Real Estate Finance Inc (REFI) pay dividends?
Yes. Chicago Atlantic Real Estate Finance Inc pays quarterly dividends with an annualized yield of 18.31% and an estimated annual payout of $1.88 per share.
When is the next ex-dividend date for Chicago Atlantic Real Estate Finance Inc (REFI)?
The next ex-dividend date is scheduled for September 30, 2026.
What is Chicago Atlantic Real Estate Finance Inc (REFI) beta (volatility) score?
Chicago Atlantic Real Estate Finance Inc has a beta of 0.319, indicating lower volatility than the overall market.
