Chicago Atlantic Real Estate Finance (REFI) Stock Forecast, Price Target & Predictions
REFI Stock Forecast
Chicago Atlantic Real Estate Finance stock forecast is as follows: an average price target of $20.00 (represents a 25.16% upside from REFI’s last price of $15.98) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
REFI Price Target
The average price target for Chicago Atlantic Real Estate Finance (REFI) is $20.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $20.00 to $20.00. This represents a potential 25.16% upside from REFI's last price of $15.98.
REFI Analyst Ratings
According to 2 Wall Street analysts, Chicago Atlantic Real Estate Finance's rating consensus is 'Buy'. The analyst rating breakdown for REFI stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Chicago Atlantic Real Estate Finance Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 10, 2022 | EF Hutton | $20.00 | $15.10 | 32.45% | 25.16% |
The latest Chicago Atlantic Real Estate Finance stock forecast, released on Aug 10, 2022 by EF Hutton company, set a price target of $20.00, which represents a 32.45% increase from the stock price at the time of the forecast ($15.10), and a 25.16% increase from REFI last price ($15.98).
Chicago Atlantic Real Estate Finance Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $15.98 | $15.98 | $15.98 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Chicago Atlantic Real Estate Finance stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Chicago Atlantic Real Estate Finance's last price of $15.98. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 10, 2022 | EF Hutton | Buy | Buy | Hold |
| Jan 03, 2022 | JMP Securities | Outperform | Initialise |
Chicago Atlantic Real Estate Finance's last stock rating was published by EF Hutton on Aug 10, 2022. The company gave REFI a "Buy" rating, the same as its previous rate.
Chicago Atlantic Real Estate Finance Financial Forecast
Chicago Atlantic Real Estate Finance Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $13.82M | - | $14.91M | $14.76M | $12.93M | $11.40M | $9.83M | $11.08B |
| Avg Forecast | $14.87M | $14.78M | $14.54M | $14.24M | $14.77M | $14.64M | $14.37M | $14.16M | $14.21M | $14.02M | $14.43M | $14.78M | $14.95M | $14.44M | $15.09M | $14.83M | $13.33M | $12.74M | $11.30M | $8.35M | $6.42M |
| High Forecast | $15.67M | $15.59M | $15.33M | $15.02M | $15.57M | $15.44M | $15.15M | $14.17M | $14.62M | $14.09M | $14.43M | $14.78M | $15.75M | $14.44M | $15.91M | $15.63M | $14.06M | $12.74M | $11.30M | $8.35M | $6.42M |
| Low Forecast | $14.37M | $14.29M | $14.06M | $13.77M | $14.28M | $14.16M | $13.89M | $14.15M | $13.80M | $13.94M | $14.43M | $14.77M | $14.16M | $14.44M | $14.59M | $14.34M | $12.89M | $12.74M | $11.30M | $8.35M | $6.42M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | - | 1.01% | 1.11% | 1.02% | 1.01% | 1.18% | 1725.25% |
Chicago Atlantic Real Estate Finance's average Quarter revenue forecast for Dec 23 based on 4 analysts is $14.95M, with a low forecast of $14.16M, and a high forecast of $15.75M. REFI's average Quarter revenue forecast represents a 8.21% increase compared to the company's last Quarter revenue of $13.82M (Sep 23).
Chicago Atlantic Real Estate Finance EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $-1.78B | $-2.96B | $-1.94B | $34.88M | $10.63M | $3.98M | $7.80M | $9.50B |
| Avg Forecast | $11.67M | $11.60M | $11.41M | $11.18M | $11.59M | $11.49M | $11.28M | $11.11M | $11.15M | $11.00M | $11.32M | $11.60M | $11.74M | $11.33M | $11.84M | $11.64M | $10.46M | $10.92M | $9.68M | $7.23M | $5.50M |
| High Forecast | $12.30M | $12.23M | $12.03M | $11.79M | $12.22M | $12.12M | $11.89M | $11.12M | $11.47M | $11.06M | $11.32M | $11.60M | $12.36M | $11.33M | $12.49M | $12.27M | $11.03M | $10.92M | $9.68M | $8.68M | $5.50M |
| Low Forecast | $11.28M | $11.22M | $11.04M | $10.81M | $11.21M | $11.11M | $10.90M | $11.11M | $10.83M | $10.94M | $11.32M | $11.59M | $11.11M | $11.33M | $11.45M | $11.25M | $10.12M | $10.92M | $9.68M | $5.79M | $5.50M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -157.43% | -249.70% | -166.76% | 3.33% | 0.97% | 0.41% | 1.08% | 1726.83% |
2 analysts predict REFI's average Quarter EBITDA for Mar 23 to be $11.64M, with a high of $12.27M and a low of $11.25M. This is -66.64% lower than Chicago Atlantic Real Estate Finance's previous annual EBITDA (Dec 22) of $34.88M.
Chicago Atlantic Real Estate Finance Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $9.98M | $8.64B | $1.96B | $3.32M | $9.77M | $11.40M | $7.80M | $9.50B |
| Avg Forecast | $10.23M | $11.03M | $10.83M | $10.63M | $10.75M | $11.27M | $10.99M | $10.79M | $10.43M | $10.50M | $10.93M | $11.63M | $11.37M | $11.15M | $11.63M | $11.11M | $10.08M | $10.14M | $9.40M | $7.23M | $8.06M |
| High Forecast | $10.95M | $11.81M | $11.60M | $11.38M | $11.51M | $12.07M | $11.77M | $11.55M | $11.30M | $10.61M | $11.71M | $11.75M | $12.17M | $11.94M | $12.46M | $11.90M | $10.79M | $10.14M | $9.40M | $8.68M | $8.06M |
| Low Forecast | $9.79M | $10.56M | $10.36M | $10.17M | $10.29M | $10.79M | $10.52M | $10.59M | $9.56M | $10.38M | $10.46M | $11.51M | $10.88M | $10.67M | $11.13M | $10.63M | $9.65M | $10.14M | $9.40M | $5.79M | $8.06M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.89% | 742.95% | 176.68% | 0.33% | 0.96% | 1.21% | 1.08% | 1178.86% |
Chicago Atlantic Real Estate Finance's average Quarter net income forecast for Dec 23 is $11.37M, with a range of $10.88M to $12.17M. REFI's average Quarter net income forecast represents a 13.93% increase compared to the company's last Quarter net income of $9.98M (Sep 23).
Chicago Atlantic Real Estate Finance SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.39M | $1.82B | $3.55M | $1.23M | $2.51M | $2.15M | $1.35M | $252.54M |
| Avg Forecast | $3.30M | $3.29M | $3.23M | $3.17M | $3.28M | $3.25M | $3.19M | $3.15M | $3.16M | $3.12M | $3.21M | $3.28M | $3.32M | $3.21M | $3.35M | $3.30M | $2.96M | $1.98M | $1.75M | $1.25M | $995.77K |
| High Forecast | $3.48M | $3.46M | $3.41M | $3.34M | $3.46M | $3.43M | $3.37M | $3.15M | $3.25M | $3.13M | $3.21M | $3.29M | $3.50M | $3.21M | $3.54M | $3.47M | $3.12M | $1.98M | $1.75M | $1.50M | $995.77K |
| Low Forecast | $3.19M | $3.18M | $3.12M | $3.06M | $3.17M | $3.15M | $3.09M | $3.15M | $3.07M | $3.10M | $3.21M | $3.28M | $3.15M | $3.21M | $3.24M | $3.19M | $2.87M | $1.98M | $1.75M | $999.93K | $995.77K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 542.11% | 1.08% | 0.41% | 1.27% | 1.23% | 1.08% | 253.62% |
Chicago Atlantic Real Estate Finance's average Quarter SG&A projection for Dec 23 is $3.32M, based on 4 Wall Street analysts, with a range of $3.15M to $3.50M. The forecast indicates a -2.05% fall compared to REFI last annual SG&A of $3.39M (Sep 23).
Chicago Atlantic Real Estate Finance EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.55 | $477.69 | $109.81 | $0.19 | $0.55 | $0.65 | $0.44 | $534.93 |
| Avg Forecast | $0.51 | $0.55 | $0.54 | $0.53 | $0.54 | $0.56 | $0.55 | $0.54 | $0.52 | $0.52 | $0.55 | $0.58 | $0.57 | $0.56 | $0.58 | $0.55 | $0.50 | $0.51 | $0.47 | $0.43 | $0.41 |
| High Forecast | $0.55 | $0.59 | $0.58 | $0.57 | $0.57 | $0.60 | $0.59 | $0.58 | $0.56 | $0.53 | $0.58 | $0.59 | $0.61 | $0.60 | $0.62 | $0.59 | $0.54 | $0.51 | $0.47 | $0.43 | $0.41 |
| Low Forecast | $0.49 | $0.53 | $0.52 | $0.51 | $0.51 | $0.54 | $0.52 | $0.53 | $0.48 | $0.52 | $0.52 | $0.57 | $0.54 | $0.53 | $0.56 | $0.53 | $0.48 | $0.51 | $0.47 | $0.43 | $0.41 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 823.60% | 198.21% | 0.38% | 1.08% | 1.38% | 1.03% | 1320.81% |
According to 4 Wall Street analysts, Chicago Atlantic Real Estate Finance's projected average Quarter EPS for Dec 23 is $0.57, with a low estimate of $0.54 and a high estimate of $0.61. This represents a 3.03% increase compared to REFI previous annual EPS of $0.55 (Sep 23).
Chicago Atlantic Real Estate Finance Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| AJX | Great Ajax | $3.46 | $11.00 | 217.92% | Buy |
| CMTG | Claros Mortgage Trust | $9.27 | $18.25 | 96.87% | Hold |
| REFI | Chicago Atlantic Real Estate Finance | $15.79 | $20.00 | 26.66% | Buy |
| EARN | Ellington Residential Mortgage REIT | $6.56 | $8.00 | 21.95% | Buy |
| KREF | KKR Real Estate Finance Trust | $10.85 | $13.00 | 19.82% | Buy |
| RC | Ready Capital | $7.49 | $8.50 | 13.48% | Hold |
| EFC | Ellington Financial | $12.28 | $13.50 | 9.93% | Buy |
| ACRE | Ares Commercial Real Estate | $6.57 | $7.00 | 6.54% | Hold |
| ACR | ACRES Commercial Realty | $17.01 | $17.50 | 2.88% | Buy |
| NREF | NexPoint Real Estate Finance | $16.29 | $14.00 | -14.06% | Hold |