Chicago Atlantic Real Estate Finance (REFI) to Release Earnings on Thursday

Chicago Atlantic Real Estate Finance (NASDAQ:REFI) will announce its earnings results before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of $0.51 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Chicago Atlantic Real Estate Finance Stock Up 0.5 %

Shares of REFI opened at $15.30 on Thursday. Chicago Atlantic Real Estate Finance has a 12-month low of $13.89 and a 12-month high of $17.65. The firm has a market capitalization of $300.19 million, a PE ratio of 7.73 and a beta of 0.20. The stock’s fifty day simple moving average is $15.66 and its 200-day simple moving average is $15.64.

Chicago Atlantic Real Estate Finance Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were paid a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 12.29%. The ex-dividend date was Monday, September 30th. Chicago Atlantic Real Estate Finance’s dividend payout ratio (DPR) is presently 94.95%.

Chicago Atlantic Real Estate Finance Company Profile

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.