REFI Chicago Atlantic Real Estate Finance, Inc. : Bullish and Bearish Analyst Opinions
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14:01
Mar 06
Mar 06
Publicly traded BDCs (Business Development Companies) like Chicago Atlantic (REFI), Manhattan Bridge (LOAN), and Carlyle Secured Lending (CGBD) are trading at valuations that price in GFC-level defaults (10-12%). Actual defaults are nowhere near these levels. The market is mispricing the risk due to panic in the private credit sector. These stocks are "dirt cheap" on a value reversion model. Long for value and yield. If the economy enters a hard recession, actual defaults could rise to meet the market's pessimistic pricing.
About REFI Analyst Coverage
Buzzberg tracks REFI (Chicago Atlantic Real Estate Finance, Inc.) across 1 sources. 1 bullish vs 0 bearish calls from 1 analysts. Sentiment: predominantly bullish (100%). 1 total trade ideas tracked.