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 25.71% upside from REFI’s last price of $15.91) 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 25.71% upside from REFI's last price of $15.91.
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% | 25.71% |
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 25.71% increase from REFI last price ($15.91).
Chicago Atlantic Real Estate Finance Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $15.91 | $15.91 | $15.91 |
| 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 $15.91. 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 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 | Jul 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $13.82M | - | $14.91M | $14.76M | $12.93M | - | $9.83M | $11.08B |
| Avg Forecast | $14.61M | $14.51M | $14.28M | $14.17M | $14.19M | $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 | $15.56M | $15.45M | $15.21M | $15.10M | $15.11M | $14.78M | $15.37M | $15.74M | $15.75M | $15.38M | $16.07M | $15.79M | $14.20M | $13.57M | $11.30M | $8.70M | $6.69M |
| Low Forecast | $13.38M | $13.29M | $13.08M | $12.99M | $13.00M | $13.26M | $13.22M | $13.54M | $14.16M | $13.23M | $13.83M | $13.59M | $12.22M | $11.68M | $11.30M | $8.08M | $6.22M |
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | - | 2 |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.96% | - | 1.01% | 1.11% | 1.02% | - | 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 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 | Jul 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | - | 2 |
| EBITDA | - | - | - | - | - | - | - | - | - | $-1.78B | $-2.96B | $-1.94B | $34.88M | $10.63M | - | $7.80M | $9.50B |
| Avg Forecast | $12.51M | $12.43M | $12.23M | $12.14M | $12.15M | $12.01M | $12.36M | $12.66M | $12.81M | $12.37M | $12.93M | $12.70M | $11.42M | $10.92M | $9.68M | $7.23M | $5.50M |
| High Forecast | $13.33M | $13.24M | $13.03M | $12.93M | $12.94M | $12.66M | $13.16M | $13.48M | $13.49M | $13.17M | $13.77M | $13.53M | $12.16M | $11.63M | $9.68M | $8.68M | $5.73M |
| Low Forecast | $11.47M | $11.39M | $11.21M | $11.13M | $11.13M | $11.36M | $11.33M | $11.60M | $12.13M | $11.33M | $11.85M | $11.64M | $10.47M | $10.00M | $9.68M | $5.79M | $5.32M |
| Surprise % | - | - | - | - | - | - | - | - | - | -144.22% | -228.74% | -152.76% | 3.05% | 0.97% | - | 1.08% | 1726.83% |
2 analysts predict REFI's average Quarter EBITDA for Mar 23 to be $12.70M, with a high of $13.53M and a low of $11.64M. This is -63.59% 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 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 | Jul 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | - | 2 |
| Net Income | - | - | - | - | - | - | - | - | - | $9.98M | $8.64B | $1.96B | $3.32M | $9.77M | - | $7.80M | $9.50B |
| Avg Forecast | $10.41M | $10.58M | $10.48M | $10.41M | $10.24M | $10.41M | $10.84M | $11.54M | $11.27M | $11.06M | $11.54M | $11.02M | $9.99M | $10.14M | $8.81M | $7.23M | $7.52M |
| High Forecast | $11.29M | $11.47M | $11.36M | $11.29M | $11.11M | $10.79M | $11.76M | $12.51M | $12.22M | $11.99M | $12.51M | $11.95M | $10.84M | $11.00M | $8.81M | $8.68M | $7.93M |
| Low Forecast | $9.28M | $9.42M | $9.34M | $9.28M | $9.13M | $10.03M | $9.66M | $10.28M | $10.04M | $9.86M | $10.28M | $9.82M | $8.91M | $9.04M | $8.81M | $5.79M | $7.21M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.90% | 749.23% | 178.17% | 0.33% | 0.96% | - | 1.08% | 1263.05% |
Chicago Atlantic Real Estate Finance's average Quarter net income forecast for Dec 23 is $11.27M, with a range of $10.04M to $12.22M. REFI's average Quarter net income forecast represents a 12.97% increase compared to the company's last Quarter net income of $9.98M (Sep 23).
Chicago Atlantic Real Estate Finance SG&A Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | - | 2 |
| SG&A | - | - | - | - | - | - | - | - | - | $3.39M | $1.82B | $3.55M | $1.23M | $2.51M | - | $1.35M | $252.54M |
| Avg Forecast | $2.27M | $2.25M | $2.21M | $2.20M | $2.20M | $2.17M | $2.24M | $2.29M | $2.32M | $2.24M | $2.34M | $2.30M | $2.07M | $1.98M | $1.21M | $1.25M | $995.77K |
| High Forecast | $2.41M | $2.40M | $2.36M | $2.34M | $2.34M | $2.29M | $2.38M | $2.44M | $2.44M | $2.39M | $2.49M | $2.45M | $2.20M | $2.11M | $1.21M | $1.50M | $1.04M |
| Low Forecast | $2.08M | $2.06M | $2.03M | $2.01M | $2.02M | $2.06M | $2.05M | $2.10M | $2.20M | $2.05M | $2.15M | $2.11M | $1.90M | $1.81M | $1.21M | $999.93K | $964.10K |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.52% | 776.70% | 1.54% | 0.59% | 1.27% | - | 1.08% | 253.62% |
Chicago Atlantic Real Estate Finance's average Quarter SG&A projection for Dec 23 is $2.32M, based on 4 Wall Street analysts, with a range of $2.20M to $2.44M. The forecast indicates a -31.64% fall compared to REFI last annual SG&A of $3.39M (Sep 23).
Chicago Atlantic Real Estate Finance EPS Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | - | 2 |
| EPS | - | - | - | - | - | - | - | - | - | $0.55 | $477.69 | $109.81 | $0.19 | $0.55 | - | $0.44 | $534.93 |
| Avg Forecast | $0.52 | $0.53 | $0.53 | $0.52 | $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 | $0.57 | $0.58 | $0.57 | $0.57 | $0.56 | $0.54 | $0.59 | $0.63 | $0.61 | $0.60 | $0.63 | $0.60 | $0.54 | $0.55 | $0.47 | $0.45 | $0.43 |
| Low Forecast | $0.47 | $0.47 | $0.47 | $0.47 | $0.46 | $0.50 | $0.49 | $0.52 | $0.50 | $0.50 | $0.52 | $0.49 | $0.45 | $0.45 | $0.47 | $0.41 | $0.39 |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.99% | 823.60% | 198.21% | 0.38% | 1.08% | - | 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 $0.50 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 |
| ACRE | Ares Commercial Real Estate | $7.54 | $16.00 | 112.20% | Hold |
| CMTG | Claros Mortgage Trust | $9.27 | $18.25 | 96.87% | Hold |
| KREF | KKR Real Estate Finance Trust | $12.30 | $16.17 | 31.46% | Buy |
| REFI | Chicago Atlantic Real Estate Finance | $15.79 | $20.00 | 26.66% | Buy |
| RC | Ready Capital | $7.71 | $9.00 | 16.73% | Buy |
| EARN | Ellington Residential Mortgage REIT | $6.98 | $8.00 | 14.61% | Buy |
| EFC | Ellington Financial | $13.30 | $13.50 | 1.50% | Buy |
| ACR | ACRES Commercial Realty | $15.38 | $14.50 | -5.72% | Buy |
| NREF | NexPoint Real Estate Finance | $16.07 | $14.00 | -12.88% | Hold |
REFI Forecast FAQ
Is Chicago Atlantic Real Estate Finance a good buy?
Yes, according to 2 Wall Street analysts, Chicago Atlantic Real Estate Finance (REFI) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 100.00% of REFI's total ratings.
What is REFI's price target?
Chicago Atlantic Real Estate Finance (REFI) average price target is $20 with a range of $20 to $20, implying a 25.71% from its last price of $15.91. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Chicago Atlantic Real Estate Finance stock go up soon?
According to Wall Street analysts' prediction for REFI stock, the company can go up by 25.71% (from the last price of $15.91 to the average price target of $20), up by 25.71% based on the highest stock price target, and up by 25.71% based on the lowest stock price target.
Can Chicago Atlantic Real Estate Finance stock reach $20?
REFI's average twelve months analyst stock price target of $20 does not support the claim that Chicago Atlantic Real Estate Finance can reach $20 in the near future.
What are Chicago Atlantic Real Estate Finance's analysts' financial forecasts?
Chicago Atlantic Real Estate Finance's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $57.41M (high $60.99M, low $53.02M), average EBITDA is $49.18M (high $52.25M, low $45.42M), average net income is $43.03M (high $46.16M, low $39.1M), average SG&A $8.91M (high $9.46M, low $8.22M), and average EPS is $2.16 (high $2.32, low $1.97). REFI's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $57.57M (high $61.31M, low $52.75M), average EBITDA is $49.32M (high $52.52M, low $45.19M), average net income is $41.87M (high $45.41M, low $37.31M), average SG&A $8.93M (high $9.51M, low $8.18M), and average EPS is $2.1 (high $2.28, low $1.88).
Did the REFI's actual financial results beat the analysts' financial forecasts?
Based on Chicago Atlantic Real Estate Finance's last annual report (Dec 2022), the company's revenue was $48.86M, beating the average analysts forecast of $45.72M by 6.87%. Apple's EBITDA was $34.91B, beating the average prediction of $39.25M by 88838.15%. The company's net income was $-34.839B, missing the average estimation of $36.18M by -96395.83%. Apple's SG&A was $10.53M, beating the average forecast of $6.51M by 61.72%. Lastly, the company's EPS was $-1.973K, missing the average prediction of $1.91 by -103261.53%. In terms of the last quarterly report (Sep 2023), Chicago Atlantic Real Estate Finance's revenue was $13.82M, missing the average analysts' forecast of $14.44M by -4.28%. The company's EBITDA was $-1.784B, missing the average prediction of $12.37M by -14521.62%. Chicago Atlantic Real Estate Finance's net income was $9.98M, missing the average estimation of $11.06M by -9.78%. The company's SG&A was $3.39M, beating the average forecast of $2.24M by 51.50%. Lastly, the company's EPS was $0.55, missing the average prediction of $0.556 by -1.08%