Chicago Atlantic director Papastavrou buys $227k in REFI

Published 16/10/2025, 23:16
Chicago Atlantic director Papastavrou buys $227k in REFI

Director Jason D. Papastavrou of Chicago Atlantic Real Estate Finance, Inc. (NASDAQ:REFI) recently purchased shares of common stock, investing a total of $227740. The timing appears strategic, as InvestingPro data shows the stock trading near its 52-week low of $12, while offering an attractive 20.3% dividend yield. The company maintains strong financial health with a GOOD overall rating.

According to a Form 4 filing with the Securities and Exchange Commission, the director acquired shares in a series of transactions. All transactions were purchases, with prices ranging from $12.615 to $12.71 per share. Based on InvestingPro’s Fair Value analysis, the stock appears undervalued, with additional insights available in the comprehensive Pro Research Report covering this and 1,400+ other US equities.

In other recent news, Chicago Atlantic Real Estate Finance Inc. released its second-quarter 2025 earnings, reporting a slight miss on both earnings per share (EPS) and revenue forecasts. The company posted an EPS of $0.41, which was below the expected $0.50, resulting in an 18% negative surprise. Revenue for the quarter reached $14.42 million, slightly under the anticipated $14.51 million. Additionally, the company announced a regular quarterly cash dividend of $0.47 per share for the third quarter of 2025. This dividend will be payable on October 15, 2025, to shareholders of record as of September 30, 2025, equating to an annualized dividend rate of $1.88 per common share. Despite the earnings miss, the company’s stock experienced a positive movement in pre-market trading. These developments come amid ongoing evaluations by analysts, although no specific upgrades or downgrades were reported.

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