Chicago Atlantic Real Estate Finance, Inc. (REFI) stock
Close on Nov 12, 2026Market cap $225.47MP/E 7.3Yield 21.36%
Earnings
Chicago Atlantic Real Estate Finance's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.
Quarterly results
Revenue and earnings per share from each of Chicago Atlantic Real Estate Finance's earnings releases, newest first
| Quarter | Reported | Revenue | YoY | EPS | Adj. EPS | Source |
|---|---|---|---|---|---|---|
| Q4 FY2026ended Dec 31, 2026 | Mar 11, 2027Expected | – | – | – | – | – |
| Q3 FY2026ended Sep 30, 2026 | Nov 10, 2026before the open | $15.46M | +13.0% | $0.25 | $0.49 | Release |
| Q2 FY2026ended Jun 30, 2026 | Aug 11, 2026before the open | $15.22M | -7.8% | $0.34 | $0.43 | Release |
| Q1 FY2026ended Mar 31, 2026 | May 7, 2026before the open | $15.16M | – | $0.23 | $0.46 | Release |
| Q4 FY2025ended Dec 31, 2025 | Mar 12, 2026before the open | $16.08M | +3.9% | $0.38 | $0.43 | Release |
| Q3 FY2025ended Sep 30, 2025 | Nov 4, 2025before the open | $13.69M | -15.8% | $0.42 | $0.49 | Release |
| Q2 FY2025ended Jun 30, 2025 | Aug 7, 2025before the open | $16.50M | +9.8% | $0.41 | $0.51 | Release |
| Q1 FY2025ended Mar 31, 2025 | May 7, 2025before the open | – | – | – | – | Release |
| Q4 FY2024ended Dec 31, 2024 | Mar 12, 2025before the open | $15.48M | -6.4% | $0.39 | $0.46 | Release |
| Q3 FY2024ended Sep 30, 2024 | Nov 7, 2024before the open | $16.26M | +7.1% | $0.56 | $0.56 | Release |
| Q2 FY2024ended Jun 30, 2024 | Aug 7, 2024before the open | $15.02M | +2.5% | $0.46 | $0.50 | Release |
| Q1 FY2024ended Mar 31, 2024 | May 7, 2024before the open | $15.34M | -7.2% | $0.47 | $0.52 | Release |
| Q4 FY2023ended Dec 31, 2023 | Mar 12, 2024before the open | $16.53M | +11.7% | $0.51 | $0.53 | Release |
| Q3 FY2023ended Sep 30, 2023 | Nov 8, 2023before the open | $15.18M | +10.1% | $0.54 | $0.57 | Release |
| Q2 FY2023ended Jun 30, 2023 | Aug 9, 2023before the open | $14.66M | +23.2% | $0.47 | $0.55 | Release |
| Q1 FY2023ended Mar 31, 2023 | May 9, 2023before the open | $16.53M | – | $0.60 | $0.62 | Release |
| Q4 FY2022ended Dec 31, 2022 | Mar 9, 2023before the open | $14.80M | +156.1% | $0.41 | $0.57 | Release |
| Q3 FY2022ended Sep 30, 2022 | Nov 9, 2022before the open | $13.80M | – | $0.55 | $0.58 | Release |
| Q2 FY2022ended Jun 30, 2022 | Aug 9, 2022before the open | $11.90M | – | $0.42 | $0.50 | Release |
| Q4 FY2021ended Dec 31, 2021 | Mar 22, 2022before the open | $5.78M | – | $0.57 | $0.61 | Release |
Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.
Current guidance
Chicago Atlantic Real Estate Finance's latest outlook for periods it has not reported yet, compared with what it said before
| Metric | Period | Guidance | Before | Change | Given |
|---|---|---|---|---|---|
| dividend payout ratio based on Distributable Earnings per weighted average diluted sharenon-GAAP | FY2026 | 90% – 100% | – | New | Nov 10, 2026 |
| dividend payout ratio based on Distributable Earnings per weighted average diluted share | FY2026 | 90% – 100% | – | New | Aug 11, 2026 |
| dividend payout ratio based on Distributable Earnings per weighted average diluted sharenon-GAAP | FY2026 | 90% – 100% | 90% – 100% | Reaffirmed | May 7, 2026 |
Guidance history
Every forecast Chicago Atlantic Real Estate Finance put in an earnings release, newest first
| Given | Metric | Period | Guidance | Change |
|---|---|---|---|---|
| Nov 10, 2026 | dividend payout ratio based on Distributable Earnings per weighted average diluted share | FY2026 | 90% – 100% | New |
| Aug 11, 2026 | dividend payout ratio based on Distributable Earnings per weighted average diluted share | FY2026 | 90% – 100% | New |
| May 7, 2026 | dividend payout ratio based on Distributable Earnings per weighted average diluted share | FY2026 | 90% – 100% | Reaffirmed |
| Mar 12, 2026 | dividend payout ratio based on Distributable Earnings per weighted average diluted share | FY2026 | 90% – 100% | New |
| Mar 12, 2024 | dividend payout ratio based on Distributable Earnings per weighted average diluted share | FY2024 | 90% – 100% | New |
| Mar 9, 2023 | dividend payout ratio | FY2023 | 90% – 100% | New |
| Mar 9, 2023 | regular quarterly common dividend | FY2023 | $0.47 | New |
| Nov 9, 2022 | Adjusted Distributable Earnings | FY2022 | $2.01 – $2.05 | Raised |
| Aug 9, 2022 | Adjusted Distributable Earnings | FY2022 | $1.00 – $1.05 | New |
| Aug 9, 2022 | Adjusted Distributable Earnings | FY2022 | $1.95 – $2.00 | Raised |
Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.
Press releases
Releases Chicago Atlantic Real Estate Finance filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Results
- Results
- Results
- Update
- Update
- Update
- Results
- Results
- Results
- Results
- Results
- Results
- Results
See a number that looks wrong?