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/Mis Actual Consensu

s s

Estimate

Q2 EPS $0.41

Q2 Basic $0.42

EPS

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 ( REFI ) 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:

(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.)