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Upturn AI SWOT - About
Chicago Atlantic Real Estate Finance Inc (REFI)
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Upturn Advisory Summary
04/01/2025: REFI (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -10.15% | Avg. Invested days 57 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 319.46M USD | Price to earnings Ratio 8.12 | 1Y Target Price 17.6 |
Price to earnings Ratio 8.12 | 1Y Target Price 17.6 | ||
Volume (30-day avg) 175900 | Beta 0.27 | 52 Weeks Range 13.26 - 15.77 | Updated Date 04/1/2025 |
52 Weeks Range 13.26 - 15.77 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 12.29% | Basic EPS (TTM) 1.81 |
Earnings Date
Report Date 2025-03-10 | When Before Market | Estimate 0.56 | Actual 0.39 |
Profitability
Profit Margin 66.71% | Operating Margin (TTM) 58.73% |
Management Effectiveness
Return on Assets (TTM) 9.33% | Return on Equity (TTM) 12.76% |
Valuation
Trailing PE 8.12 | Forward PE 7.28 | Enterprise Value 384834432 | Price to Sales(TTM) 5.75 |
Enterprise Value 384834432 | Price to Sales(TTM) 5.75 | ||
Enterprise Value to Revenue 7.51 | Enterprise Value to EBITDA - | Shares Outstanding 20893800 | Shares Floating 17512544 |
Shares Outstanding 20893800 | Shares Floating 17512544 | ||
Percent Insiders 17.26 | Percent Institutions 38.28 |
Analyst Ratings
Rating 4.17 | Target Price 18.67 | Buy 1 | Strong Buy 3 |
Buy 1 | Strong Buy 3 | ||
Hold 2 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Chicago Atlantic Real Estate Finance Inc
Company Overview
History and Background
Chicago Atlantic Real Estate Finance, Inc. (REFI) was founded in 2021. It is a commercial real estate finance company primarily focused on providing senior secured credit to state-licensed cannabis operators.
Core Business Areas
- Senior Secured Loans: Originates, structures, and invests in senior secured loans primarily to state-licensed cannabis operators. The focus is on real estate-backed loans.
Leadership and Structure
As of 2024, John Mazarakis is the Chairman and Anthony Cappell is the CEO. The company operates as a real estate investment trust (REIT).
Top Products and Market Share
Key Offerings
- Senior Secured Loans to Cannabis Operators: Chicago Atlantic's primary offering is senior secured loans to cannabis operators, typically secured by real estate. Market share data is not readily available, but the cannabis lending market is fragmented. Competitors include AFC Gamma (AFCG), NewLake Capital Partners (NLCP), and Innovative Industrial Properties (IIP).
Market Dynamics
Industry Overview
The cannabis industry is growing rapidly, but faces regulatory hurdles and limited access to traditional financing. This creates a demand for alternative lenders like Chicago Atlantic.
Positioning
Chicago Atlantic positions itself as a leading provider of capital to the cannabis industry, focusing on senior secured loans and real estate-backed deals. Their competitive advantage lies in their industry expertise and relationships.
Total Addressable Market (TAM)
Estimates for the total cannabis market vary, but projections often reach tens of billions of dollars annually. Chicago Atlantic's focus on real estate-backed loans to state-licensed operators allows them to capture a segment of this market. Precise figures on the TAM segment specifically addressed by REFI are difficult to ascertain.
Upturn SWOT Analysis
Strengths
- Specialized expertise in cannabis lending
- Focus on senior secured loans
- Real estate-backed collateral
- Strong industry relationships
Weaknesses
- Concentration risk in the cannabis industry
- Regulatory uncertainty in the cannabis industry
- Relatively new company with a limited operating history
- Smaller market capitalization compared to traditional REITs
Opportunities
- Expansion into new cannabis markets
- Diversification of loan portfolio
- Increased acceptance of cannabis legalization
- Potential for higher yields compared to traditional real estate lending
Threats
- Changes in cannabis regulations
- Increased competition in cannabis lending
- Economic downturn impacting cannabis operators
- Defaults on loans due to operational or regulatory challenges
Competitors and Market Share
Key Competitors
- AFCG
- NLCP
- IIP
Competitive Landscape
Chicago Atlantic's advantages include industry expertise and a focus on senior secured loans. Disadvantages may include its smaller size and concentration risk.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Growth has been primarily driven by the expansion of its loan portfolio and the increasing demand for capital in the cannabis industry.
Future Projections: Analyst estimates suggest continued growth in revenue and earnings, driven by further expansion in the cannabis market. These projections are subject to regulatory and economic risks.
Recent Initiatives: Recent initiatives include expanding the loan portfolio, strategic partnerships within the cannabis industry, and managing risk through diversified lending practices.
Summary
Chicago Atlantic is a relatively new but growing company focused on lending to the cannabis industry. Its strengths include its industry expertise and focus on senior secured loans. Key risks include regulatory uncertainty and concentration within the cannabis sector. They need to look out for greater competition and regulation risk.
Similar Companies
AFCG
AFC Gamma Inc
AFCG
AFC Gamma Inc
Sources and Disclaimers
Data Sources:
- Company Filings (SEC), Analyst Reports, Industry Publications.
Disclaimers:
Financial data and analysis are based on available information and are subject to change. Investment decisions should be made based on independent research and consultation with a financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Chicago Atlantic Real Estate Finance Inc
Exchange NASDAQ | Headquaters Miami Beach, FL, United States | ||
IPO Launch date 2021-12-08 | Co-CEO & Director of Chicago Atlantic REIT Manager, LLC Mr. Anthony Robert Cappell | ||
Sector Real Estate | Industry REIT - Mortgage | Full time employees - | Website https://www.refi.reit |
Full time employees - | Website https://www.refi.reit | ||
Chicago Atlantic Real Estate Finance, Inc. operates as a commercial mortgage real estate investment trust 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 first mortgage loans to established multi-state or single-state cannabis operators or property owners. The company has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Chicago Atlantic Real Estate Finance, Inc. was incorporated in 2021 and is based in Miami Beach, Florida.
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