REFI

Chicago Atlantic Real Estate Finance, Inc.

Nasdaq · Real Estate Investment Trusts · Inc. MD · CIK 0001867949
$11.36 +1.07% $238.4M
3 New Institutional Positions3 Institutional Exits
Vol
Market Cap$238.4M
Cap SizeMicro Cap
Inst. Holders8 funds
Inst. Value$14.1M
Inst. Activity3 buys / 3 sells
Reddit Sentiment50° Neutral
SEC Reports2
Press Releases2
Exchange Nasdaq·Sector Real Estate Investment Trusts·Inc. MD·CIK 0001867949·Prev Close $11.24

Recent Activity

May 7, 2026 SEC
REFI reported Q1 2026 distributable EPS of $0.46, beating the $0.44 consensus by 4.5%, while GAAP net income fell 52% Yo
8-K — Impact 5/10
May 7, 2026 earnings
Chicago Atlantic Real Estate Finance Announces First Quarter 2026 Financial Results
<p align="justify">CHICAGO, May 07, 2026 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance,
Apr 20, 2026 Insider
Sack Peter sold 37,099 shares
Co-Chief Executive Officer @ $0.00 ($0.00)
Apr 20, 2026 Insider
Papastavrou Jason D sold 6,324 shares
Director @ $0.00 ($0.00)
Apr 20, 2026 Insider
Cappell Anthony sold 37,099 shares
Co-Chief Executive Officer @ $0.00 ($0.00)
Mar 12, 2026 SEC
Analysis based on filing metadata only — document content was unavailable. The 8-K filing includes Items 2.02 (Results o
8-K — Impact 4/10
Inst.
RENAISSANCE TECHNOLOGIES LLC — TRIM
55,600 shares ($681.7K)
Inst.
MORGAN STANLEY — TRIM
36,744 shares ($450.5K)

Price Targets

Historical data — last covering-analyst action Mar 2025. No current recommendation available.
$16.38 (Mar 2025)
Current $11.36 Low $13.50 Median $16.00 High $20.00 4 analysts
$13.50 $20.00

Analyst Ratings

Historical distribution73% buy · 11 analysts · last covering-analyst action Mar 2025
2Strong Buy
6Buy
3Hold
0Sell
0Strong Sell
Historical Analyst Actions
DateFirmActionRating
Mar 17, 2025 Citizens Capital Markets REITERATE Market Outperform → Market Outperform
Dec 19, 2024 JMP Securities REITERATE Market Outperform → Market Outperform
Dec 17, 2024 Alliance Global Partners INITIATE Buy
Dec 9, 2024 Zuanic & Associates MAINTAIN Overweight → Overweight
Apr 11, 2024 Zuanic & Associates INITIATE Overweight

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $0.44 $0.40 — $0.49 8% YoY 5
Next Q $0.46 ▲ +3.1% $0.42 — $0.50 10% YoY 5
Current FY $1.61 ▼ -6.6% $1.48 — $1.95 -4% YoY 5
Next FY $1.81 ▲ +8.2% $1.77 — $1.84 12% YoY 3

Top Institutional Holders

FundValueMove
VANGUARD GROUP INC$11.6M
RENAISSANCE TECHNOLOGIES LLC$681.7KTRIM
CHARLES SCHWAB INVESTMENT MANAGEMENT$673.0KNEW
MORGAN STANLEY$450.5KTRIM
WELLS FARGO & COMPANY/MN$249.5KADD

Recent Insider Trades

DateInsiderTypeValue
Apr 20, 2026Sack PeterA$0.00
Apr 20, 2026Papastavrou JasonA$0.00
Apr 20, 2026Cappell AnthonyA$0.00
Apr 20, 2026Mazarakis JohnA$0.00
Apr 20, 2026Stavola ElizabethA$0.00

Reddit Sentiment

50°
Neutral
Bearish Neutral Bullish
2 mentions 0 bullish 0 bearish
8 institutional holders with $14.1M total value (1,149,902 shares) as of 2025-Q4. Top holders: VANGUARD, RENAISSANCE, CHARLES.

Top Institutional Holders — 2025-Q4

#FundSharesValue% of TrackedLast Move
1VANGUARD GROUP INC942,423$11.6M82.0%
2RENAISSANCE TECHNOLOGIES LLC55,600$681.7K4.8%TRIM -41.5%
3CHARLES SCHWAB INVESTMENT MANAGEMENT INC54,896$673.0K4.8%NEW
4MORGAN STANLEY36,744$450.5K3.2%TRIM -31.7%
5WELLS FARGO & COMPANY/MN20,352$249.5K1.8%ADD +46.2%
6FMR LLC15,760$193.2K1.4%DOUBLED +151.2%
7BANK OF AMERICA CORP /DE/13,495$165.4K1.2%ADD +97.4%
8TWO SIGMA INVESTMENTS, LP10,632$130.3K0.9%TRIM -34.0%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
RENAISSANCE TECHNOLOGIES LLCTRIM95,00055,600-41.5%$681.7K2025-Q4
MORGAN STANLEYTRIM53,77336,744-31.7%$450.5K2025-Q4
WELLS FARGO & COMPANY/MNADD13,91920,352+46.2%$249.5K2025-Q4
FMR LLCDOUBLED6,27415,760+151.2%$193.2K2025-Q4
BANK OF AMERICA CORP /DE/ADD6,83813,495+97.4%$165.4K2025-Q4
TWO SIGMA INVESTMENTS, LPTRIM16,09810,632-34.0%$130.3K2025-Q4
TWO SIGMA INVESTMENTS, LPTRIM39,61816,098-59.4%$205.9K2025-Q3
FMR LLCDOUBLED1,8096,274+246.8%$80.2K2025-Q3
TWO SIGMA INVESTMENTS, LPTRIM142,19939,618-72.1%$553.1K2025-Q2
UBS Group AGADD11,70622,884+95.5%$319.5K2025-Q2
BANK OF AMERICA CORP /DE/TRIM15,6457,047-55.0%$98.4K2025-Q2
CITADEL ADVISORS LLCTRIM44,85628,002-37.6%$431.8K2024-Q4
WELLS FARGO & COMPANY/MNADD7,76210,194+31.3%$157.2K2024-Q4
MORGAN STANLEYADD44,75475,017+67.6%$1.2M2024-Q3
CHARLES SCHWAB INVESTMENT MANAGEMENT INCNEW48,978$759.6K2024-Q3
8 unique insiders with 0 transactions. Net insider value: $0.00 ($0.00 bought, $0.00 sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
Apr 20, 2026Sack PeterCo-Chief Executive OfficerA37,099$0.00$0.00
Apr 20, 2026Papastavrou Jason DDirectorA6,324$0.00$0.00
Apr 20, 2026Cappell AnthonyCo-Chief Executive OfficerA37,099$0.00$0.00
Apr 20, 2026Mazarakis JohnExecutive ChairmanA37,099$0.00$0.00
Apr 20, 2026Stavola Elizabeth MaryDirectorA6,324$0.00$0.00
Apr 20, 2026Silverman PhillipChief Financial OfficerA32,462$0.00$0.00
Apr 20, 2026Kite DavidPresident and COOA37,099$0.00$0.00
Apr 20, 2026Konigsberg BrandonDirectorA6,324$0.00$0.00
Historical analyst distribution (last covering-analyst action Mar 2025): 73% buy across 11 analysts — 2 strong buy, 6 buy, 3 hold, 0 sell, 0 strong sell. No current recommendation available.

Analyst Price Targets

Historical data — last covering-analyst action Mar 2025. No current recommendation available.
$16.38 mean target (Mar 2025)
$13.50 Low $20.00 High
MetricValue
Current Price$11.36
Target Low$13.50
Target Mean$16.38
Target Median$16.00
Target High$20.00
# Analysts4
Recommendation— (no recent coverage)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$0.44 $0.40 $0.49 8.3% +0.5% 1↑ 2↓ $0.0B -4.8% 5
Next Q
2026-09-30
$0.46 $0.42 $0.50 10.5% +3.1% 2↑ 2↓ $0.0B 2.7% 5
Current FY
2026-12-31
$1.61 $1.48 $1.95 -4.3% -6.6% 1↑ 3↓ $0.1B -0.3% 5
Next FY
2027-12-31
$1.81 $1.77 $1.84 12.4% +8.2% 2↑ 0↓ $0.1B 6.1% 3

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$0.444
7d ago$0.442+0.002
30d ago$0.442+0.002
60d ago$0.475-0.031
90d ago$0.440+0.004
8 analyst firms have rated this stock: 0 upgrades, 1 downgrades, 8 initiations.

Historical Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
Mar 17, 2025 Citizens Capital Markets REITERATE Market Outperform Market Outperform
Dec 19, 2024 JMP Securities REITERATE Market Outperform Market Outperform
Dec 17, 2024 Alliance Global Partners INITIATE Buy
Dec 9, 2024 Zuanic & Associates MAINTAIN Overweight Overweight
Apr 11, 2024 Zuanic & Associates INITIATE Overweight
Mar 13, 2024 JMP Securities REITERATE Market Outperform Market Outperform
Dec 5, 2023 Zuanic & Associates INITIATE Overweight
Sep 5, 2023 Compass Point DOWNGRADE Buy Neutral
Sep 1, 2023 Piper Sandler INITIATE Neutral
Aug 15, 2023 JMP Securities REITERATE Market Outperform Market Outperform
May 17, 2023 Compass Point MAINTAIN Buy Buy
May 10, 2023 JMP Securities REITERATE Market Outperform
May 10, 2023 EF Hutton REITERATE Buy
Apr 13, 2023 JMP Securities REITERATE Market Outperform
Mar 14, 2023 Compass Point MAINTAIN Buy Buy
Mar 10, 2023 JMP Securities REITERATE Market Outperform
Mar 9, 2023 EF Hutton REITERATE Buy
Aug 10, 2022 EF Hutton MAINTAIN Buy
May 13, 2022 JMP Securities MAINTAIN Market Outperform
Apr 18, 2022 EF Hutton INITIATE Buy
Mar 23, 2022 Oppenheimer MAINTAIN Outperform
Jan 3, 2022 JMP Securities INITIATE Market Outperform
Jan 3, 2022 Oppenheimer INITIATE Outperform
Jan 3, 2022 Compass Point INITIATE Buy

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 20262630073%
May 1, 20262630073%
Apr 1, 20262630073%
Mar 1, 20263620082%
Feb 1, 20263620082%
Jan 1, 20263620082%
Strong BuyBuyHoldSellStrong Sell

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

50°
Neutral
Bearish Neutral Bullish
2 mentions 0 bullish 0 bearish 2 time periods

Reddit Sentiment History

DateMentionsSentimentBullishBearishThreads
Apr 23, 2026144° Neutral001
Apr 23, 2026144° Neutral001

Recent Reddit Threads

r/wallstreetbets Neutral 1mo ago
$REFI — The Most Boring Trade That Is About to Print | Cannabis Lenders
▲ 1 💬 1 ⚡ 0.5
May 7, 2026
earnings
Chicago Atlantic Real Estate Finance Announces First Quarter 2026 Financial Results
<p align="justify">CHICAGO, May 07, 2026 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) (“Chicago Atlantic” or the “C
May 7, 2026
earnings_calendar
REFI Q1 2026 Earnings Scheduled — 2026-05-07
Apr 16, 2026
earnings
Chicago Atlantic Real Estate Finance Schedules First Quarter 2026 Earnings Release and Conference Call Date
<p align="justify">CHICAGO, April 16, 2026 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) ("Chicago Atlantic" or the
Mar 16, 2026
dividend
Chicago Atlantic Real Estate Finance Declares Common Stock Dividend of $0.47 for the First Quarter of 2026
<p align="justify">CHICAGO, March 16, 2026 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI), a commercial mortgage real
Mar 12, 2026
earnings
Chicago Atlantic Real Estate Finance Announces Fourth Quarter 2025 Financial Results
<p align="justify">CHICAGO, March 12, 2026 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) (“Chicago Atlantic” or the
Mar 12, 2026
earnings_calendar
REFI Q4 2025 Earnings Before Market Open — 2026-03-12