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REFI · Chicago Atlantic Real Estate Finance, Inc.
NASDAQ NMS - GLOBAL MARKET - BOATS Real Time Price • USD
Chicago Atlantic Real Estate Finance Inc (REFI)
NASDAQ NMS - GLOBAL MARKET
Real Estate
$9.15
+0.04
(+0.44%)
● At close: October 21 at 4:00:00 PM EDT
DAY'S RANGE
$9.15
$9.03
$9.15
52-WEEK RANGE
$9.15
$8.76
$13.49
What's happening
- REFI is up 0.44% today, trading at $9.15. — Live quote
- Volume today (2,373) is well below its 3-month average of 198,560. (Finnhub fundamentals)
- Reports earnings on 2026-11-10, 19 days away. (Finnhub earnings calendar)
- Last quarter's EPS missed estimates: $0.34 actual vs. $0.44 estimated (-22.9%). (Finnhub earnings history)
Deterministic template sentences filled in from the same sourced figures shown elsewhere on this page -- not an AI-written summary, no live model call.
Key Statistics
Analyst Recommendations
Strong buy 2
Buy 6
Hold 3
Sell 0
Strong sell 0
Aggregate ratings for 2026-10-01 (11 analysts polled by Finnhub) — consensus count.
Performance Overview (Trailing returns vs S&P 500 benchmark)
YTD RETURN
REFI
-25.94%
vs S&P 500
-38.72%
1-YEAR RETURN
REFI
-31.16%
vs S&P 500
-45.72%
6-MONTH RETURN
REFI
-23.44%
3-MONTH RETURN
REFI
-12.52%
Earnings Trends (Quarterly EPS Actual vs Estimate)
2026-07-26 (Q2 2026)
$0.34
Est. $0.44
MISS -22.9%
2026-04-26 (Q1 2026)
$0.23
Est. $0.44
MISS -47.3%
2026-01-26 (Q4 2025)
$0.38
Est. $0.41
MISS -6.9%
2025-10-26 (Q3 2025)
$0.42
Est. $0.45
MISS -6.4%
Valuation Measures & Ratios
Enterprise Value4$362.1M
Forward P/E56.52
PEG Ratio6—
Price / Sales (TTM1)3.83
Price / Book70.76
EV4 / Revenue5.91
EV4 / EBITDA12.31
Profit Margin47.99%
Operating Margin47.99%
Return on Equity (ROE8)9.62%
Return on Assets (ROA9)6.72%
Avg Volume (3M)198,560
Quarterly history (5 periods)
| Measure | Jun '26 | Mar '26 | Sep '25 | Jun '25 | Mar '25 |
|---|---|---|---|---|---|
| Market cap | $225.3M | $218.4M | $230.4M | $246.8M | $248.0M |
| P/E | 7.48 | 6.68 | 5.90 | 6.28 | 6.33 |
| Price/Book | 0.75 | 0.72 | 0.74 | 0.80 | 0.80 |
| ROE | 9.99% | 10.77% | 12.61% | 12.68% | 12.60% |
| ROA | 6.52% | 7.50% | 9.15% | 8.64% | 9.45% |
Trailing-twelve-month ratios computed from SEC EDGAR quarterly figures and historical daily close prices (Alpaca). Diluted shares are derived from Net income ÷ EPS (diluted) for each quarter, not separately reported. Forward P/E/PEG unavailable (no free data source).
Glossary — what these abbreviations mean
- 1. TTM
- Trailing twelve months — the sum of the last four reported quarters, not a calendar year or the single latest quarter.
- 2. EPS
- Earnings per share — net income divided by diluted shares outstanding.
- 3. Beta
- A stock's historical volatility relative to the overall market. Above 1 means it has moved more than the market; below 1, less.
- 4. EV (Enterprise Value)
- Market cap plus total debt minus cash — roughly what it would cost to buy the whole company, debt included.
- 5. Forward P/E
- Price divided by analysts' estimated earnings for the next 12 months, instead of trailing actual earnings.
- 6. PEG Ratio
- P/E divided by expected earnings growth rate. A lower number can indicate a stock is cheap relative to how fast it's expected to grow.
- 7. Price / Book
- Share price divided by book value (assets minus liabilities) per share.
- 8. ROE
- Return on equity — net income divided by shareholders' equity, a measure of how efficiently a company turns equity into profit.
- 9. ROA
- Return on assets — net income divided by total assets, a measure of how efficiently a company turns assets into profit.
- 10. MRQ
- Most recent quarter — the single latest reported period, as opposed to TTM. The Financials section's "Quarterly" view below shows MRQ-style figures.
- 11. YoY
- Year over year — percent change versus the same period one year earlier, used for growth figures like those on Compare cards and the Screener.
Short Interest
Shares Short1,876,517
Change from Prior Settlement+36.29%
% of Float—
Days to Cover (Short Ratio)6.26
Source: FINRA Rule 4560 consolidated short interest, settlement date 2026-09-30. Reported bi-monthly with a reporting lag — not real-time.
Quotes and the 1-day extended-hours chart: Yahoo Finance. Longer historical charts: Alpaca (IEX feed) — real-time but IEX-only volume (~2.5% of consolidated market volume). Fundamentals + earnings: Finnhub.
Price history
Events
Drag horizontally to zoom into a section; use Reset view to restore all observations.
Technical signal summary
Calculating from the latest year of daily price history…
Show Technical Analysis Breakdown ▾ 10 Indicators
Not investment advice — read several signals together.
Indicators None active
Loading chart…
History limited by data provider; markers are heuristics, not signals.
Peer and sector context
No reviewed peer group is available for this symbol.
Balanced evidence
A deterministic summary of sourced facts—not an AI verdict.
Potential strengths
- Net profit margin is 48.0%. Finnhub fundamentals ↗
- Latest SEC filing is Form 4, filed 2026-08-28; review it for current changes and risks. SEC EDGAR ↗
Potential concerns
- Revenue growth is -10.0% on the provider's reported measure. Finnhub fundamentals ↗
- Trailing 52-week price return is -31.2%. Finnhub market metrics ↗
Rule-based facts only; absence from either side is not evidence, and this is not a recommendation.
More on REFI
No accessible free API for these — links go to the source directly.
Financials
Fundamental trends
Visualized from the same SEC figures in the tables below.
Income statement
| Line item | Jun '26 | Mar '26 | Sep '25 | Jun '25 | Mar '25 | Sep '24 | Jun '24 | Mar '24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — |
| Net income | $7.5M | $4.8M | $8.9M | $8.9M | $10.0M | $11.2M | $9.2M | $8.7M |
| EPS (diluted) | $0.34 | $0.23 | $0.42 | $0.41 | $0.47 | $0.56 | $0.46 | $0.47 |
| EPS (basic) | $0.35 | $0.23 | $0.42 | $0.42 | $0.48 | $0.57 | $0.47 | $0.48 |
Balance sheet
| Line item | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $461.7M | $435.9M | $424.9M | $427.1M | $455.2M | $414.7M | $435.1M | $365.9M |
| Total liabilities | $160.1M | $132.5M | $117.1M | $117.2M | $145.2M | $103.9M | $126.2M | $70.4M |
| Stockholders' equity | $301.6M | $303.4M | $307.8M | $309.9M | $310.0M | $310.8M | $309.0M | $295.5M |
| Cash & equivalents | $13.4M | $27.9M | $14.9M | $28.9M | $35.6M | $9.9M | $26.4M | $6.8M |
| Inventory | — | — | — | — | — | — | — | — |
| Other current assets | $1.2M | $65.8K | $1.2M | $26.4K | $879.2K | $1.2M | $3.4M | $1.5M |
| Short-term debt | — | — | — | — | — | — | — | — |
| Long-term debt | $49.5M | $49.4M | $49.3M | $49.3M | $49.2M | $49.2M | $49.1M | $54.0M |
| Common stock & paid-in capital | $213.1K | $210.8K | $210.8K | $210.8K | $210.7K | $208.9K | $208.3K | $196.3K |
| Retained earnings | -$23.5M | -$20.8M | -$15.5M | -$12.5M | -$11.5M | -$9.9M | -$10.1M | -$4.5M |
Cash flow
| Line item | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $9.1M | $3.2M | $6.5M | $8.2M | $6.5M | $7.6M | $1.8M | $8.2M |
| Investing cash flow | -$36.6M | $1.7M | -$7.3M | $14.1M | -$3.6M | $5.5M | -$41.3M | $23.5M |
| Financing cash flow | $13.1M | $8.0M | -$13.2M | -$28.9M | $22.8M | -$29.7M | $59.1M | -$32.1M |
| Share-based compensation | $957.6K | $865.4K | $2.7M | $928.7K | $881.1K | $649.3K | $2.5M | $845.5K |
| Dividends paid | $10.9M | $9.9M | $9.9M | $9.9M | $10.4M | $13.6M | $9.3M | $9.3M |
Income statement
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 |
|---|---|---|---|---|
| Revenue | — | — | — | $48.9M |
| Net income | $36.0M | $37.0M | $38.7M | $32.3M |
| EPS (diluted) | $1.68 | $1.88 | $2.11 | $1.82 |
| EPS (basic) | $1.71 | $1.92 | $2.14 | $1.83 |
| Net margin | — | — | — | $66 |
Balance sheet
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 |
|---|---|---|---|---|---|
| Total assets | $424.9M | $435.1M | $359.2M | $343.3M | $278.2M |
| Total liabilities | $117.1M | $126.2M | $87.4M | $79.2M | $14.1M |
| Stockholders' equity | $307.8M | $309.0M | $271.9M | $264.0M | $264.1M |
| Cash & equivalents | $14.9M | $26.4M | $7.9M | $5.7M | $80.2M |
| Other current assets | $1.2M | $3.4M | $107.2K | — | — |
| Short-term debt | — | — | — | $336.3M | $200.4M |
| Long-term debt | $49.3M | $49.1M | — | — | — |
| Common stock & paid-in capital | $210.8K | $208.3K | $182.0K | $176.9K | $173.6K |
| Retained earnings | -$15.5M | -$10.1M | -$5.8M | -$5.1M | -$177.6K |
Cash flow
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 |
|---|---|---|---|---|
| Operating cash flow | $28.8M | $23.2M | $28.4M | $17.0M |
| Investing cash flow | $8.7M | -$39.3M | -$1.9M | -$125.2M |
| Financing cash flow | -$49.0M | $34.6M | -$24.3M | $33.7M |
| Share-based compensation | $3.4M | $3.1M | $1.5M | $435.6K |
| Dividends paid | $43.8M | $41.6M | $39.1M | $28.2M |
Source: SEC EDGAR XBRL filings (10-Q/10-K), as originally tagged by the company. Quarterly cash flow is reconstructed by de-cumulating fiscal-year-to-date figures (how cash flow is tagged in 10-Qs); other quarterly lines are reported directly.
Institutional holders
SEC Form 13F filers holding REFI as of the latest reported quarter. 13F only covers investment managers with $100M+ in assets — this is not a complete ownership picture, and does not include insiders (see Recent SEC filings below) or non-13F-eligible holders.
Institutional ownership is not available for this symbol right now.
Insider activity
Directors, officers, and 10%+ owners' reported transactions from SEC Form 4. A filing reports a transaction; it does not by itself explain why it happened.
Source: SEC EDGAR Form 4 filings · checked 25 most recent filings · covers 2025-04-01 to 2026-08-27
Recent transactions
- Insiders have net bought 122,856 shares over the last 182 days, across 8 purchases and 0 sales.
- Most recent: Mazarakis John (Executive Chairman) — Open market purchase of 7,530 shares on 2026-08-27.
Deterministic template sentences filled in from the SEC Form 4 figures in the tables below -- not an AI-written summary, no live model call.
Insider purchases & sales, last 6 months
Purchases (open market)122,856 sh(8 txns)
Sales (open market)0 sh(0 txns)
Net Shares+122,856
Counts only open-market purchases (code P) and sales (code S) — grants, option exercises, tax withholding, and gifts are excluded since they aren't a market buy/sell decision.
Insider roster
| Name | Title | Most Recent Transaction | Date | Shares |
|---|---|---|---|---|
| Mazarakis John | Executive Chairman | Open market purchase | 2026-08-27 | 7,530 |
| Sack Peter | Co-Chief Executive Officer | Open market purchase | 2026-08-19 | 1,500 |
| Cappell Anthony | Co-Chief Executive Officer | Open market purchase | 2026-08-17 | 45,000 |
| Konigsberg Brandon | Director | Grant / award | 2026-04-20 | 6,324 |
| Kite David | President and COO | Grant / award | 2026-04-20 | 37,099 |
| Silverman Phillip | Chief Financial Officer | Grant / award | 2026-04-20 | 32,462 |
| Stavola Elizabeth Mary | Director | Grant / award | 2026-04-20 | 6,324 |
| Papastavrou Jason D | Director | Grant / award | 2026-04-20 | 6,324 |
Recent transactions
| Date | Insider | Title | Transaction | Shares | Price |
|---|---|---|---|---|---|
| 2026-08-27 | Mazarakis John | Executive Chairman | Open market purchase | 7,530 | $10.67 |
| 2026-08-26 | Mazarakis John | Executive Chairman | Open market purchase | 40,181 | $10.67 |
| 2026-08-21 | Mazarakis John | Executive Chairman | Open market purchase | 145 | $10.67 |
| 2026-08-19 | Sack Peter | Co-Chief Executive Officer | Open market purchase | 1,500 | $10.53 |
| 2026-08-19 | Sack Peter | Co-Chief Executive Officer | Open market purchase | 2,000 | $10.39 |
| 2026-08-18 | Sack Peter | Co-Chief Executive Officer | Open market purchase | 1,500 | $10.43 |
| 2026-08-17 | Mazarakis John | Executive Chairman | Open market purchase | 25,000 | $10.25 |
| 2026-08-17 | Cappell Anthony | Co-Chief Executive Officer | Open market purchase | 45,000 | $10.40 |
| 2026-04-20 | Konigsberg Brandon | Director | Grant / award | 6,324 | $0.00 |
| 2026-04-20 | Kite David | President and COO | Grant / award | 37,099 | $0.00 |
| 2026-04-20 | Silverman Phillip | Chief Financial Officer | Grant / award | 32,462 | $0.00 |
| 2026-04-20 | Stavola Elizabeth Mary | Director | Grant / award | 6,324 | $0.00 |
| 2026-04-20 | Mazarakis John | Executive Chairman | Grant / award | 37,099 | $0.00 |
| 2026-04-20 | Cappell Anthony | Co-Chief Executive Officer | Grant / award | 37,099 | $0.00 |
| 2026-04-20 | Papastavrou Jason D | Director | Grant / award | 6,324 | $0.00 |
| 2026-04-20 | Sack Peter | Co-Chief Executive Officer | Grant / award | 37,099 | $0.00 |
| 2025-10-16 | Mazarakis John | Executive Chairman | Open market purchase | 8,000 | $12.75 |
| 2025-10-15 | Papastavrou Jason D | Reporting person | Open market purchase | 10,000 | $12.62 |
| 2025-10-15 | Papastavrou Jason D | Reporting person | Open market purchase | 5,000 | $12.71 |
| 2025-10-15 | Papastavrou Jason D | Reporting person | Open market purchase | 3,000 | $12.68 |
| 2025-10-15 | Kite David | Chief Operating Officer | Open market purchase | 2,500 | $12.70 |
| 2025-10-14 | Kite David | Chief Operating Officer | Open market purchase | 2,500 | $12.31 |
| 2025-10-14 | Konigsberg Brandon | Reporting person | Open market purchase | 7,000 | $12.33 |
| 2025-10-14 | Sack Peter | Co-Chief Executive Officer | Open market purchase | 8,150 | $12.43 |
| 2025-10-01 | Mazarakis John | Executive Chairman | Open market purchase | 7,500 | $12.43 |
| 2025-04-09 | Silverman Phillip | Chief Financial Officer | Open market purchase | 769 | $13.00 |
| 2025-04-01 | Sack Peter | Co-Chief Executive Officer | Grant / award | 28,398 | $0.00 |
| 2025-04-01 | Papastavrou Jason D | Director | Grant / award | 5,071 | $0.00 |
| 2025-04-01 | Mazarakis John | Executive COB | Grant / award | 28,398 | $0.00 |
| 2025-04-01 | Konigsberg Brandon | Director | Grant / award | 5,071 | $0.00 |
| 2025-04-01 | Kite David | Chief Operating Officer | Grant / award | 28,398 | $0.00 |
Recent SEC filings
Official company reports and insider transaction filings. Form 4 reports a transaction; it does not by itself explain why it happened.
Source: SEC EDGAR submissions · updated 2026-10-22 02:20 UTC
| Filed | Form | Report period | Official filing |
|---|---|---|---|
| 2026-08-28 | 4 | 2026-08-26 | View on SEC.gov → |
| 2026-08-25 | 4 | 2026-08-21 | View on SEC.gov → |
| 2026-08-21 | 4 | 2026-08-18 | View on SEC.gov → |
| 2026-08-19 | 4 | 2026-08-17 | View on SEC.gov → |
| 2026-08-19 | 4 | 2026-08-17 | View on SEC.gov → |
| 2026-08-11 | 8-K | 2026-08-11 | View on SEC.gov → |
| 2026-08-11 | 10-Q | 2026-06-30 | View on SEC.gov → |
| 2026-07-13 | 8-K | 2026-07-09 | View on SEC.gov → |
| 2026-06-18 | 8-K | 2026-06-17 | View on SEC.gov → |
| 2026-06-11 | 8-K | 2026-06-11 | View on SEC.gov → |
| 2026-05-07 | 8-K | 2026-05-07 | View on SEC.gov → |
| 2026-05-07 | 10-Q | 2026-03-31 | View on SEC.gov → |
Recent news
Headlines about REFI (Chicago Atlantic Real Estate Finance, Inc.). Links open the publisher — we don’t host full articles.
-
CDNL,CC,ANGX,IDAI,BCDA,AMRC,CUEN,LIEN,FISV,STRR,MSIF,RSG,SELF,CWBC,SPG,PSNY,FRST,TISI,REFI,MTDR,AWRE,AFCG,SRTS,BGDE | Stock Prices | Quote Comparison - Yahoo Finance
Yahoo! Finance Canada · 2026-10-22 -
CC,CDNL,ANGX,IDAI,BCDA,AMRC,CUEN,LIEN,FISV,STRR,MSIF,RSG,SELF,CWBC,PSNY,SPG,FRST,EQPT,REFI,MTDR,AFCG,SRTS,BGDE,ACON | Stock Prices | Quote Comparison
Yahoo! Finance Canada · 2026-10-21 -
CDNL,ANGX,CC,BCDA,IDAI,AMRC,CUEN,LIEN,STRR,FISV,RSG,MSIF,SELF,CWBC,PSNY,SPG,FRST,EQPT,REFI,MTDR,AWRE,AFCG,SRTS,BGDE | Stock Prices | Quote Comparison
Yahoo! Finance Canada · 2026-10-21 -
CC,ANGX,CDNL,IDAI,BCDA,AMRC,CUEN,LIEN,STRR,FISV,MSIF,RSG,CWBC,SELF,SPG,PSNY,FRST,TISI,REFI,MTDR,AFCG,AWRE,SRTS,BGDE | Stock Prices | Quote Comparison
Yahoo! Finance Canada · 2026-10-21 -
ANGX,CC,CDNL,IDAI,BCDA,AMRC,CUEN,LIEN,FISV,STRR,MSIF,RSG,CWBC,SELF,PSNY,SPG,FRST,EQPT,REFI,MTDR,AFCG,SRTS,BGDE,ACON | Stock Prices | Quote Comparison
Yahoo! Finance Canada · 2026-10-21 -
18 Ideal 'Safer' DiviDog Buys Readers Tagged In September
SeekingAlpha · 2026-10-21 -
CDNL,CC,ANGX,BCDA,IDAI,NTHI,AMRC,PRTS,CUEN,LIEN,DFH,RGCO,SELF,PSNY,SPG,TISI,EQPT,REFI,MTDR,GROV,RVSB,AFCG,SRTS,BGDE | Stock Prices | Quote Comparison
Yahoo! Finance Canada · 2026-10-21 -
CC,ANGX,CDNL,BCDA,IDAI,NTHI,AMRC,CUEN,PRTS,LIEN,RGCO,DFH,SELF,SPG,PSNY,TISI,REFI,EQPT,MTDR,GROV,RVSB,AFCG,SRTS,BGDE | Stock Prices | Quote Comparison
Yahoo! Finance Canada · 2026-10-20
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