Chicago Atlantic Real Estate Finance, Inc. (REFI)

Real Estate Investment Trusts

Latest Price

$10.93

TTM P/E

7.98

Normalized P/E

5.84

Div Yield

17.20%

Book Value

14.25

P/B Ratio

0.77

Valuation metrics

EPS: $1.68

Book value / share: $14.60

Formula: √(22.5 × EPS × BVPS)

Graham Number

$23.49

+115% upside

EPS: $1.68

Target P/E: 6×

Formula: EPS × P/E

P/E Fair Value

$10.08

8% downside

32.8% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	1.72M	$18.0M	8.07%	+293.5K	2026-06-30
Fielder Capital Group LLC	982.3K	$10.0M	4.61%	+22.5K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	788.3K	$8.0M	3.70%	+60.4K	2026-06-30
STATE STREET CORP	499.2K	$5.0M	2.34%	-11.3K	2026-06-30
SEGALL BRYANT & HAMILL, LLC	188.6K	$2.0M	0.88%	--	2026-06-30
CDC Financial, Inc.	163.7K	$1.0M	0.77%	+22.2K	2026-06-30
Clayton Partners LLC	155.3K	$1.0M	0.73%	+5.0K	2026-06-30
Corient Private Wealth LP	152.7K	$1.0M	0.72%	-3.5K	2026-06-30
NORTHERN TRUST CORP	147.0K	$1.0M	0.69%	+5.5K	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	125.8K	$1.0M	0.59%	+21.4K	2026-06-30