NASDAQ$REFI
Chicago Atlantic Real Estate Finance Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Announced results for the second quarter ended June 30, 2022.
Chicago Atlantic reported its Q2 2022 financial results, highlighting a strong investment platform and valuable loan portfolio due to their strategy of lending to borrowers in limited-license states with vertically integrated operations. The company is focusing on expanding its credit facility and providing shareholders with an attractive dividend.
- The cannabis market fundamentals continue to demonstrate the strength of lending to borrowers in limited-license states.
- Weighted average yields to maturity are approaching 18%.
- 60% of loans are structured as variable rate, performing well amid rising interest rates.
- Focusing on expanding the existing credit facility to meet loan demand.
Headline financials
Revenue & EPS history
Chicago Atlantic · Revenue · Quarterly
$11.9M
Forward guidance
Chicago Atlantic expects to report based on the decision to only grow the loan portfolio if capital is available which is accretive to book value. The outlook does not include additional growth in the REIT’s portfolio, potential adjustments to the Prime rate or increased capacity under the secured credit facility.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2022
-0.1%
Avg return
Earnings day
+0.3%
Avg return
5 days after
-0.5%
Avg return
30 days after
32%
6 / 19 earnings
Positive
+11.1%
Q3 2022
Best reaction
-5.6%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -5.1% | -7.2% | -8.0% | |
| Q4 2025 | -0.3% | +2.7% | -5.3% | |
| Q3 2025 | -2.3% | +0.4% | -1.1% | |
| Q1 2025 | +0.4% | +2.8% | -1.6% | |
| Q4 2024 | -3.5% | -2.2% | -15.1% | |
| Q3 2024 | +1.5% | +0.4% | +2.8% | |
| Q2 2024 | -1.4% | -2.5% | +1.4% | |
| Q1 2024 | -2.4% | -1.4% | -1.9% | |
| Q4 2023 | -1.1% | -1.0% | -4.4% | |
| Q3 2023 | +0.5% | +0.3% | +4.0% | |
| Q2 2023 | -1.7% | -3.4% | -1.2% | |
| Q1 2023 | +3.8% | +1.3% | +8.4% | |
| Q4 2022 | -5.6% | -8.5% | -3.6% | |
| Q3 2021 | +11.1% | +11.5% | +13.4% | |
| Q3 2022 | +11.1% | +11.5% | +13.4% | |
| Q2 2022 | -2.8% | +0.5% | -5.2% | |
| Q1 2022 | +0.0% | -1.6% | +4.0% | |
| Q2 2021 | -3.4% | -1.8% | -12.2% | |
| Q4 2021 | -0.2% | +3.3% | +2.9% |
Discussion
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