Chicago Atlantic Real Estate Finance (NASDAQ:REFI - Get Free Report) is expected to issue its quarterly earnings data before the market opens on Wednesday, March 12th. Analysts expect the company to announce earnings of $0.43 per share and revenue of $14.26 million for the quarter. Persons interested in listening to the company's earnings conference call can do so using this link.
Chicago Atlantic Real Estate Finance Trading Up 0.1 %
Shares of NASDAQ REFI traded up $0.01 during trading hours on Friday, reaching $16.15. The stock had a trading volume of 105,462 shares, compared to its average volume of 105,058. The firm has a 50-day moving average of $15.63 and a 200-day moving average of $15.71. The firm has a market cap of $317.09 million, a price-to-earnings ratio of 8.08 and a beta of 0.22. Chicago Atlantic Real Estate Finance has a fifty-two week low of $14.82 and a fifty-two week high of $16.49.
Chicago Atlantic Real Estate Finance Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, January 13th. Stockholders of record on Tuesday, December 31st were issued a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 11.64%. The ex-dividend date was Tuesday, December 31st. Chicago Atlantic Real Estate Finance's payout ratio is currently 94.00%.
Wall Street Analysts Forecast Growth
Several analysts recently commented on the stock. JMP Securities reiterated a "market outperform" rating and issued a $20.00 price target on shares of Chicago Atlantic Real Estate Finance in a research report on Thursday, December 19th. Alliance Global Partners began coverage on shares of Chicago Atlantic Real Estate Finance in a report on Tuesday, December 17th. They issued a "buy" rating and a $20.00 target price for the company.
View Our Latest Analysis on REFI
Chicago Atlantic Real Estate Finance Company Profile
(
Get Free Report)
Chicago Atlantic Real Estate Finance, Inc operates as a commercial real estate finance company in the United States. The company engages in originating, structuring, and investing in first mortgage loans and alternative structured financings secured by commercial real estate properties. Its portfolio primarily includes offers senior loans to state-licensed operators in the cannabis industry.
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