REFI
Chicago Atlantic Real Estate Finance, Inc.Real Estate · $229M market cap
Verdict
Share price
$10.06
close of Oct 3, 2026
Fair value
$17.41
Sticker Price
Payback Price
$6.97
buy price
REFI is Undervalued: at $10.06 it trades 42% below its fair value of $17.41. Its buy price (Payback Price) is $6.97, 31% below today's price. Business quality is mixed: 2 of 5 key numbers clear the 10% bar.
How we valued it
Justified P/B (Financials). A bank or insurer. These are best valued on their book value and how much they earn on it.
Business quality
2 of 5 clear the 10% bar. What are the Big Five?
Follow REFI
Get notified when it reaches its buy price of $6.97. Free.
Create a free accountInsider activity
Since Aug 17, 2026: 8 open-market purchases worth $1.3M. Why purchases matter
Purchases
Mazarakis John
Executive Chairman · 2026-08-27
Bought
$80K
Mazarakis John
Executive Chairman · 2026-08-26
Bought
$429K
Mazarakis John
Executive Chairman · 2026-08-21
Bought
$2K
Sack Peter
Co-Chief Executive Officer · 2026-08-19
Bought
$16K
Sack Peter
Co-Chief Executive Officer · 2026-08-19
Bought
$21K
Sack Peter
Co-Chief Executive Officer · 2026-08-18
Bought
$16K
Cappell Anthony
Co-Chief Executive Officer · 2026-08-17
Bought
$468K
Mazarakis John
Executive Chairman · 2026-08-17
Bought
$256K
About Chicago Atlantic Real Estate Finance, Inc.
Chicago Atlantic Real Estate Finance, Inc. functions as a commercial real estate financing enterprise operating throughout the United States. Its primary activities include developing, arranging, and deploying capital into various secured debt instruments, notably first mortgage loans, which are collateralized by commercial properties. A specific area of focus for the company is extending senior-priority loans to…
REIT - Mortgage
Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works