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 28.78% upside from REFI’s last price of $15.53) 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 28.78% upside from REFI's last price of $15.53.
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% | 28.78% |
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 28.78% increase from REFI last price ($15.53).
Chicago Atlantic Real Estate Finance Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $15.53 | $15.53 | $15.53 |
| 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 $15.53. 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 | $14.62M | $14.56M | $14.33M | $14.22M | $14.13M | $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 | $15.89M | $15.80M | $15.55M | $15.23M | $15.63M | $15.56M | $15.32M | $15.16M | $15.14M | $14.09M | $14.43M | $14.78M | $15.75M | $14.44M | $16.13M | $15.85M | $14.25M | $12.74M | $11.30M | $8.35M | $6.42M |
| Low Forecast | $13.40M | $13.32M | $13.11M | $12.84M | $13.17M | $13.12M | $12.92M | $13.27M | $13.11M | $13.94M | $14.43M | $14.77M | $14.16M | $14.44M | $13.60M | $13.36M | $12.02M | $12.74M | $11.30M | $8.35M | $6.42M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 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 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 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 | $12.74M | $12.66M | $12.46M | $12.20M | $12.52M | $12.47M | $12.28M | $12.18M | $12.10M | $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 | $13.62M | $13.54M | $13.32M | $13.04M | $13.39M | $13.33M | $13.13M | $12.99M | $12.97M | $12.07M | $12.36M | $12.66M | $13.49M | $12.37M | $13.82M | $13.58M | $12.21M | $10.92M | $9.68M | $8.68M | $5.50M |
| Low Forecast | $11.48M | $11.41M | $11.23M | $11.00M | $11.29M | $11.24M | $11.07M | $11.37M | $11.23M | $11.95M | $12.36M | $12.66M | $12.13M | $12.37M | $11.65M | $11.45M | $10.30M | $10.92M | $9.68M | $5.79M | $5.50M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -144.22% | -228.74% | -152.76% | 3.05% | 0.97% | 0.41% | 1.08% | 1726.83% |
2 analysts predict REFI's average Quarter EBITDA for Mar 23 to be $12.70M, with a high of $13.58M and a low of $11.45M. 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 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 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 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 | $10.23M | $10.66M | $10.50M | $10.40M | $10.00M | $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 | $11.15M | $12.02M | $11.80M | $11.59M | $11.15M | $11.62M | $11.44M | $10.77M | $11.13M | $10.61M | $11.91M | $11.75M | $12.39M | $12.15M | $12.68M | $12.11M | $10.98M | $10.14M | $9.40M | $8.68M | $8.06M |
| Low Forecast | $8.92M | $9.62M | $9.44M | $9.27M | $8.92M | $9.30M | $9.15M | $10.02M | $8.86M | $10.38M | $9.53M | $11.51M | $9.91M | $9.72M | $10.14M | $9.69M | $8.79M | $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 $9.91M to $12.39M. 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 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 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 | $2.31M | $2.29M | $2.26M | $2.21M | $2.27M | $2.26M | $2.22M | $2.21M | $2.19M | $2.17M | $2.24M | $2.29M | $2.32M | $2.24M | $2.34M | $2.30M | $2.07M | $1.98M | $1.75M | $1.25M | $995.77K |
| High Forecast | $2.47M | $2.45M | $2.41M | $2.36M | $2.42M | $2.41M | $2.38M | $2.35M | $2.35M | $2.19M | $2.24M | $2.29M | $2.44M | $2.24M | $2.50M | $2.46M | $2.21M | $1.98M | $1.75M | $1.50M | $995.77K |
| Low Forecast | $2.08M | $2.07M | $2.03M | $1.99M | $2.04M | $2.04M | $2.00M | $2.06M | $2.03M | $2.16M | $2.24M | $2.29M | $2.20M | $2.24M | $2.11M | $2.07M | $1.86M | $1.98M | $1.75M | $999.93K | $995.77K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.52% | 776.70% | 1.54% | 0.59% | 1.27% | 1.23% | 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 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 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 4 | 2 | 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 | $0.51 | $0.53 | $0.52 | $0.52 | $0.50 | $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 | $0.56 | $0.60 | $0.59 | $0.58 | $0.56 | $0.58 | $0.57 | $0.54 | $0.55 | $0.53 | $0.59 | $0.59 | $0.62 | $0.61 | $0.63 | $0.60 | $0.55 | $0.51 | $0.47 | $0.43 | $0.41 |
| Low Forecast | $0.44 | $0.48 | $0.47 | $0.46 | $0.44 | $0.46 | $0.46 | $0.50 | $0.44 | $0.52 | $0.48 | $0.57 | $0.49 | $0.48 | $0.51 | $0.48 | $0.44 | $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 $0.49 and a high estimate of $0.62. 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 |
| ACRE | Ares Commercial Real Estate | $7.12 | $11.50 | 61.52% | Hold |
| KREF | KKR Real Estate Finance Trust | $11.53 | $16.17 | 40.24% | Buy |
| REFI | Chicago Atlantic Real Estate Finance | $15.79 | $20.00 | 26.66% | Buy |
| EARN | Ellington Residential Mortgage REIT | $6.37 | $8.00 | 25.59% | Buy |
| RC | Ready Capital | $7.11 | $8.50 | 19.55% | Hold |
| EFC | Ellington Financial | $12.21 | $13.50 | 10.57% | Buy |
| ACR | ACRES Commercial Realty | $16.23 | $16.25 | 0.12% | Buy |
| NREF | NexPoint Real Estate Finance | $16.53 | $14.00 | -15.31% | Hold |