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

Chicago Atlantic Real Estate Finance (NASDAQ:REFI) is scheduled to 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 interested in listening to the company’s conference call can do so using this link.

Chicago Atlantic Real Estate Finance Stock Performance

NASDAQ:REFI opened at $15.13 on Tuesday. The stock has a market capitalization of $296.85 million, a price-to-earnings ratio of 7.64 and a beta of 0.21. Chicago Atlantic Real Estate Finance has a 1 year low of $14.38 and a 1 year high of $17.65. The stock has a fifty day moving average price of $15.62 and a two-hundred day moving average price of $15.64.

Chicago Atlantic Real Estate Finance Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were issued a $0.47 dividend. This represents a $1.88 annualized dividend and a yield of 12.43%. The ex-dividend date was Monday, September 30th. Chicago Atlantic Real Estate Finance’s dividend payout ratio (DPR) is 94.95%.

About Chicago Atlantic Real Estate Finance

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.