Chicago Atlantic Real Estate Finance's Stock Valuation & Dividend Yield Are Leaving Competitors Behind
Portfolio Pulse from Nicolás Jose Rodriguez
Chicago Atlantic Real Estate Finance (NASDAQ:REFI) is outperforming its peers in the cannabis capital providers and mortgage REIT sectors due to its premium valuation, high dividend yield, and robust growth track record. REFI trades at a 3% premium to its book value and offers a 12.2% dividend yield, supported by a solid dividend coverage ratio and special cash dividends. Despite an increase in leverage, REFI maintains a conservative risk profile and a strong growth track record, making it an attractive investment.
July 05, 2024 | 3:02 pm
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NEUTRAL IMPACT
AFC Gamma, Inc. (NASDAQ:AFCG) trades at a 20% discount to its book value and offers a 15.8% dividend yield. Despite the high yield, the discount to book value indicates lower investor confidence compared to REFI.
AFCG's high dividend yield is attractive, but the significant discount to book value suggests lower investor confidence compared to REFI.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 70
NEUTRAL IMPACT
Innovative Industrial Properties Inc. (NASDAQ:IIPR) trades at a 57% premium to its book value and offers a 6.8% dividend yield. The high premium reflects strong investor confidence, but the yield is lower compared to REFI.
IIPR's high premium to book value indicates strong investor confidence, but its dividend yield is lower compared to REFI.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 70
NEUTRAL IMPACT
NewLake Capital Partners, Inc. (OTC:NLCP) trades at par to its book value and offers an 8.7% dividend yield. The valuation and yield are lower compared to REFI.
NLCP's par valuation and lower dividend yield compared to REFI suggest it is less attractive to investors.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
SHF Holdings, Inc. (NASDAQ:SHFS) trades at a 20% discount to its book value. The discount suggests lower investor confidence compared to REFI.
SHFS's discount to book value suggests lower investor confidence compared to REFI.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Silver Spike Investment Corp. (NASDAQ:SSIC) trades at a 20% discount to its book value and offers an 8.7% dividend yield. The discount indicates lower investor confidence compared to REFI.
SSIC's discount to book value and lower dividend yield compared to REFI suggest lower investor confidence.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Chicago Atlantic Real Estate Finance (NASDAQ:REFI) is trading at a 3% premium to its book value and offers a 12.2% dividend yield, supported by a solid dividend coverage ratio and special cash dividends. Despite an increase in leverage, REFI maintains a conservative risk profile and a strong growth track record.
REFI's premium valuation, high dividend yield, and strong growth track record make it an attractive investment. The company's conservative risk profile and strategic management further enhance investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100