Chicago Atlantic Real Estate Finance's Stock Valuation & Dividend Yield Are Leaving Competitors Behind
- Chicago Atlantic Real Estate Finance (NASDAQ:REFI):
- Stands out in cannabis capital providers and mortgage REIT sectors due to premium valuation, impressive dividend yield, and growth track record.
- Trades at a 3% premium to book value, reflecting strong investor confidence in growth prospects.
- Offers a high dividend yield of 12.2%, significantly higher than peers like AFC Gamma, Inc. and Innovative Industrial Properties Inc.
- Leverage ratio increased to 28% in March 2024 from 14% a year earlier, showing strategic use of debt for growth.
- Growth track record includes a $50 million increase in the loan book year-over-year, supported by diverse state exposure.
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Advanced Flower Capital Inc. Reports Q3 2025 Financial Results
Financial Performance: Advanced Flower Capital Inc. reported a GAAP net loss of $(12.5) million for Q3 2025, with Distributable Earnings of $3.5 million, equating to $(0.57) and $0.16 per share, respectively.
Conversion to BDC: Shareholders approved the company's conversion from a mortgage REIT to a business development company (BDC), allowing AFC to expand its investment scope beyond real estate-backed loans.
Dividend Payment: The company paid a cash dividend of $0.15 per common share for Q3 2025 to shareholders of record as of September 30, 2025.
Future Outlook: AFC's management expressed optimism about identifying lending opportunities in the lower-middle market, which they believe can yield attractive risk-adjusted returns for shareholders.
Advanced Flower Capital Moves Forward with BDC Conversion to Foster Long-Term Growth and Value Creation
Shareholder Meeting Announcement: Advanced Flower Capital Inc. (AFC) has scheduled a special meeting for shareholders on November 6, 2025, to vote on proposals necessary for its conversion from a real estate investment trust (REIT) to a business development company (BDC).
Board Recommendations: The AFC Board of Directors unanimously recommends that shareholders vote "FOR" the proposals, which include a new investment advisory agreement and the application of reduced asset coverage requirements, to facilitate the strategic shift and enhance portfolio diversification.
Advanced Flower Capital Declares Third Quarter 2025 Dividend
Quarterly Dividend Announcement: Advanced Flower Capital Inc. declared a quarterly dividend of $0.15 per share for the quarter ending September 30, 2025, payable on October 15, 2025, to stockholders of record on September 30, 2025.
Distributable Earnings Definition: The company uses "Distributable Earnings," a non-GAAP financial measure, to evaluate performance excluding certain transactions and adjustments, which helps assess its ability to pay dividends.
AFC Gamma AFCG Q2 2025 Earnings Call Transcript
- Author's Perspective: The opinions shared in the article are solely those of the author and do not represent Nasdaq, Inc.
- Data Limitations: The information is based on data available up to October 2023.
Armour Residential REIT (ARR) Q2 Earnings and Revenues Miss Estimates
Earnings Performance: Armour Residential REIT (ARR) reported quarterly earnings of $0.77 per share, missing expectations and down from $1.08 a year ago, with revenues also falling short at $33.11 million compared to estimates.
Market Outlook: The stock has underperformed this year, losing 11.6% while the S&P 500 gained 7.3%, and its future performance will depend on upcoming earnings estimate revisions and industry trends, currently holding a Zacks Rank #3 (Hold).
Advanced Flower Capital Schedules Earnings Release and Conference Call for the Second Quarter Ending June 30, 2025
Financial Results Announcement: Advanced Flower Capital Inc. (AFC) will release its second-quarter financial results on August 14, 2025, with a management review scheduled for 10:00 am ET via webcast.
Company Overview: AFC is a commercial mortgage REIT that provides loans to compliant cannabis operators in the U.S., focusing on loans secured by real estate assets and cash flows.
Advanced Flower Capital Inc. Reports Q3 2025 Financial Results
Financial Performance: Advanced Flower Capital Inc. reported a GAAP net loss of $(12.5) million for Q3 2025, with Distributable Earnings of $3.5 million, equating to $(0.57) and $0.16 per share, respectively.
Conversion to BDC: Shareholders approved the company's conversion from a mortgage REIT to a business development company (BDC), allowing AFC to expand its investment scope beyond real estate-backed loans.
Dividend Payment: The company paid a cash dividend of $0.15 per common share for Q3 2025 to shareholders of record as of September 30, 2025.
Future Outlook: AFC's management expressed optimism about identifying lending opportunities in the lower-middle market, which they believe can yield attractive risk-adjusted returns for shareholders.
Advanced Flower Capital Moves Forward with BDC Conversion to Foster Long-Term Growth and Value Creation
Shareholder Meeting Announcement: Advanced Flower Capital Inc. (AFC) has scheduled a special meeting for shareholders on November 6, 2025, to vote on proposals necessary for its conversion from a real estate investment trust (REIT) to a business development company (BDC).
Board Recommendations: The AFC Board of Directors unanimously recommends that shareholders vote "FOR" the proposals, which include a new investment advisory agreement and the application of reduced asset coverage requirements, to facilitate the strategic shift and enhance portfolio diversification.
Advanced Flower Capital Declares Third Quarter 2025 Dividend
Quarterly Dividend Announcement: Advanced Flower Capital Inc. declared a quarterly dividend of $0.15 per share for the quarter ending September 30, 2025, payable on October 15, 2025, to stockholders of record on September 30, 2025.
Distributable Earnings Definition: The company uses "Distributable Earnings," a non-GAAP financial measure, to evaluate performance excluding certain transactions and adjustments, which helps assess its ability to pay dividends.
AFC Gamma AFCG Q2 2025 Earnings Call Transcript
- Author's Perspective: The opinions shared in the article are solely those of the author and do not represent Nasdaq, Inc.
- Data Limitations: The information is based on data available up to October 2023.
Armour Residential REIT (ARR) Q2 Earnings and Revenues Miss Estimates
Earnings Performance: Armour Residential REIT (ARR) reported quarterly earnings of $0.77 per share, missing expectations and down from $1.08 a year ago, with revenues also falling short at $33.11 million compared to estimates.
Market Outlook: The stock has underperformed this year, losing 11.6% while the S&P 500 gained 7.3%, and its future performance will depend on upcoming earnings estimate revisions and industry trends, currently holding a Zacks Rank #3 (Hold).
Advanced Flower Capital Schedules Earnings Release and Conference Call for the Second Quarter Ending June 30, 2025
Financial Results Announcement: Advanced Flower Capital Inc. (AFC) will release its second-quarter financial results on August 14, 2025, with a management review scheduled for 10:00 am ET via webcast.
Company Overview: AFC is a commercial mortgage REIT that provides loans to compliant cannabis operators in the U.S., focusing on loans secured by real estate assets and cash flows.
