Chicago Atlantic Real Estate Finance (REFI) Shares Outstanding (2021 - 2026)
Chicago Atlantic Real Estate Finance (REFI) posted Shares Outstanding of 21.24 million for Q2 2026, up 1.1% from 21 million a year earlier and up 0.8% from the prior quarter.
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Analysis
Chicago Atlantic Real Estate Finance (REFI) Shares Outstanding (2021 - 2026) Analysis & Trends
For FY2025, Chicago Atlantic Real Estate Finance's Shares Outstanding came in at 21 million, up 8.9% from FY2024.
- Annual Shares Outstanding has increased for four consecutive years, with a four-year compound annual growth rate of 34.4% (FY2021 to FY2025).
- In prior years, Chicago Atlantic Real Estate Finance's Shares Outstanding was 19.28 million in FY2024 (+6.6%), 18.09 million in FY2023 (+2.4%), 17.65 million in FY2022 (+174.0%) and 6.44 million in FY2021.
- The Q2 2026 figure stands as the highest quarterly Shares Outstanding in data going back to Q4 2021.
- On a year-over-year basis, Shares Outstanding has increased in each of the last 15 quarters, with growth averaging 7.0% over the last eight quarters.
- Across the past five years, year-over-year growth in Shares Outstanding ran from 1.1% in Q1 2026 to 174.0% in Q4 2022.
- According to Business Quant data, Shares Outstanding for the three prior quarters was 21.08 million (Q1 2026), 21 million (Q4 2025) and 21.07 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 2.84 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 1.12 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 445.06 Mn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 5.87 Bn |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 335.16 Mn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 331.30 Mn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 84.78 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 738.93 Mn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | 718.00 Mn |
| 10 | Chicago Atlantic Real Estate Finance | 213.57 Mn | 128.49 Mn | - | 21.24 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.24 Mn |
| Mar 31, 2026 | 21.08 Mn |
| Dec 31, 2025 | 21.00 Mn |
| Sep 30, 2025 | 21.07 Mn |
| Jun 30, 2025 | 21.00 Mn |
| Mar 31, 2025 | 20.86 Mn |
| Dec 31, 2024 | 19.28 Mn |
| Sep 30, 2024 | 19.63 Mn |
| Jun 30, 2024 | 19.38 Mn |
| Mar 31, 2024 | 18.27 Mn |
| Dec 31, 2023 | 18.09 Mn |
| Sep 30, 2023 | 18.18 Mn |
| Jun 30, 2023 | 18.09 Mn |
| Mar 31, 2023 | 17.88 Mn |
| Dec 31, 2022 | 17.65 Mn |
| Sep 30, 2022 | 17.66 Mn |
| Jun 30, 2022 | 17.66 Mn |
| Mar 31, 2022 | 17.64 Mn |
| Dec 31, 2021 | 6.44 Mn |
API Access
Chicago Atlantic Real Estate Finance Shares Outstanding API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding&ticker=REFI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "REFI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding&ticker=REFI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();