Chicago Atlantic Reports Strong Q1 2025 Financial Results

Chicago Atlantic Real Estate ate Finance Inc ( (REFI) ) has shared an announcement.

On May 7, 2025, Chicago Atlantic Real Estate Finance, Inc. announced its first-quarter financial results for the period ending March 31, 2025. The company reported a net income of approximately $10.0 million, representing a 20.5% increase per share compared to the previous quarter. Despite facing volatility in the financial services and cannabis sectors, Chicago Atlantic remains focused on disciplined capital deployment to cannabis operators in limited-license states. With a total loan principal outstanding of $407.0 million and a consolidated leverage ratio of 28%, the company aims to maximize long-term returns for shareholders amid a challenging market environment.

Spark’s Take on REFI Stock

According to Spark, TipRanks’ AI Analyst, REFI is a Neutral.

REFI’s overall stock score of 63 reflects a balance of strengths and challenges. The strong balance sheet and cash flow stability are offset by concerns over zero revenue and reliance on financing. Attractive valuation and high dividend yield provide investor appeal. The latest earnings call highlights positive strategic management, though industry pressures remain a concern. Improvement in revenue generation is critical for a higher score.

To see Spark’s full report on REFI stock, click here.

More about Chicago Atlantic Real Estate ate Finance Inc

Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) is a commercial mortgage real estate investment trust specializing in originating senior secured loans primarily to state-licensed cannabis operators in limited-license states across the United States. The company leverages its expertise in real estate, credit, and cannabis to provide financing solutions and is part of the Chicago Atlantic platform with offices in Chicago, Miami, New York, and London.

Average Trading Volume: 161,716

Technical Sentiment Signal: Buy

Current Market Cap: $306.1M

For an in-depth examination of REFI stock, go to TipRanks’ Stock Analysis page.