Chicago Atlantic Real Estate Finance Q2 net income falls

Chicago Atlantic Real Estate Finance

07/08/2025 12:30

Overview

Chicago Atlantic Q2 net income declines, net interest income rises year-over-year

Company extended revolving credit facility maturity to June 2028

Received $56.8 mln in unscheduled principal repayments post-Q2

Outlook

Company affirms previous outlook issued in March 2025

Chicago Atlantic plans to capitalize on $650 mln cannabis pipeline

Chicago Atlantic sees growth opportunities in cannabis sector

Result Drivers

CANNABIS PIPELINE - Co highlights $650 mln pipeline of cannabis opportunities in limited-license states

CREDIT FACILITY EXTENSION - Extended revolving credit facility maturity to 2028 to support growth initiatives

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
$0.41
Q2 Basic EPS
$0.42


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the commercial reits peer group is "buy"

Wall Street's median 12-month price target for Chicago Atlantic Real Estate Finance Inc is $18.00, about 26.5% above its August 6 closing price of $13.23

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nGNXbRQdzs

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)