Chicago Atlantic Real Estate Finance (REFI) Expected to Announce Earnings on Tuesday

Chicago Atlantic Real Estate Finance (NASDAQ:REFI) is anticipated to announce its Q3 2026 results before the market opens on Tuesday, November 10th. Analysts expect Chicago Atlantic Real Estate Finance to announce earnings of $0.50 per share and revenue of $14.95 million for the quarter. Investors can find conference call details on the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Tuesday, November 10, 2026 at 9:00 AM ET.

Chicago Atlantic Real Estate Finance (NASDAQ:REFI) last announced its quarterly earnings results on Tuesday, August 11th. The company reported $0.43 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.05). The business had revenue of $12.61 million during the quarter, compared to analyst estimates of $14.17 million. Chicago Atlantic Real Estate Finance had a net margin of 54.57% and a return on equity of 11.53%. On average, analysts expect Chicago Atlantic Real Estate Finance to post $1.72 EPS for the current fiscal year and $1.80 EPS for the next fiscal year.

Chicago Atlantic Real Estate Finance Price Performance

Shares of REFI stock opened at $8.80 on Friday. The company has a 50-day moving average of $9.96 and a two-hundred day moving average of $11.04. Chicago Atlantic Real Estate Finance has a 1-year low of $8.59 and a 1-year high of $13.49. The firm has a market cap of $225.46 million, a PE ratio of 6.42 and a beta of 0.28.

Chicago Atlantic Real Estate Finance Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were paid a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 21.4%. The ex-dividend date was Wednesday, September 30th. Chicago Atlantic Real Estate Finance’s dividend payout ratio is 137.23%.

Wall Street Analyst Weigh In

REFI has been the subject of a number of research analyst reports. Citizens Jmp lowered their target price on Chicago Atlantic Real Estate Finance from $18.00 to $16.00 and set a “market outperform” rating for the company in a report on Wednesday, August 12th. Atlantic Securities set a $16.00 target price on Chicago Atlantic Real Estate Finance in a report on Wednesday, August 12th. Citigroup reaffirmed a “market outperform” rating on shares of Chicago Atlantic Real Estate Finance in a report on Wednesday, August 12th. Zacks Research lowered shares of Chicago Atlantic Real Estate Finance from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 4th. Finally, Weiss Ratings cut shares of Chicago Atlantic Real Estate Finance from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, October 8th. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $16.00.

Insiders Place Their Bets

In other news, CEO Anthony Cappell bought 45,000 shares of Chicago Atlantic Real Estate Finance stock in a transaction dated Monday, August 17th. The stock was acquired at an average cost of $10.40 per share, with a total value of $468,000.00. Following the acquisition, the chief executive officer owned 466,706 shares of the company’s stock, valued at approximately $4,853,742.40. This trade represents a 10.67% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Peter Sack bought 3,500 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The stock was purchased at an average cost of $10.45 per share, with a total value of $36,575.00. Following the completion of the transaction, the chief executive officer owned 123,356 shares in the company, valued at approximately $1,289,070.20. This trade represents a 2.92% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders have bought 122,856 shares of company stock valued at $1,287,094. 6.50% of the stock is currently owned by insiders.

About Chicago Atlantic Real Estate Finance

Chicago Atlantic Real Estate Finance, Inc (NASDAQ: REFI) is a specialty finance company organized as a real estate investment trust (REIT). The company focuses on originating, acquiring, and managing commercial real estate loans and other credit investments, with an emphasis on opportunities in the cannabis industry.

Chicago Atlantic Real Estate Finance primarily provides senior secured loans to state-licensed cannabis operators, cultivators, processors, dispensaries, and related businesses.