Alpine Income Property (PINE) vs Chicago Atlantic Real Estate Finance (REFI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Alpine Income Property (PINE) has outperformed Chicago Atlantic Real Estate Finance (REFI) over the past year, gaining 31.2% versus a loss of 23.6%. Alpine Income Property is the larger company by market cap ($337.8 million vs $246.2 million), about 1.4 times the size. On valuation, Chicago Atlantic Real Estate Finance trades at a lower forward P/E (5.0x vs 25.8x for Alpine Income Property).
Chicago Atlantic Real Estate Finance offers the higher dividend yield (19.56% vs 6.64%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | PINE | REFI |
|---|---|---|
| Share price | $17.63 | $9.61 |
| Market cap | $337.78M | $246.22M |
| 1-day change | -0.68% | -1.94% |
| YTD return | +5.44% | -21.62% |
| 1-year return | +31.18% | -23.61% |
| 5-year return | -5.57% | — |
| P/E ratio (TTM) | 83.95 | 7.12 |
| Forward P/E | 25.80 | 5.01 |
| EPS (TTM) | $0.21 | $1.35 |
| Dividend yield | 6.64% | 19.56% |
| Annual dividend | $1.17 | $1.88 |
| 52-week high | $21.99 | $13.49 |
| 52-week low | $13.10 | $9.61 |
| Distance from 52-week high | -19.83% | -28.76% |
| Analyst consensus | none | none |
| Avg. price target upside | +24.50% | +57.44% |
| Average volume | 144.15K | 189.95K |
| Shares outstanding | 17.94M | 25.62M |
| Sector | Real Estate | Real Estate |
| Industry | REIT - Retail | REIT - Mortgage |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- PINE has outperformed REFI by 54.8 percentage points over the past year.
- Alpine Income Property trades at a higher earnings multiple (84.0x vs 7.1x trailing P/E).
- Chicago Atlantic Real Estate Finance offers a meaningfully higher dividend yield (19.56% vs 6.64%).
About Alpine Income Property
PINE stock →Alpine Income Property Trust, Inc. is a publicly traded real estate investment trust.
Real Estate · REIT - Retail
About Chicago Atlantic Real Estate Finance
REFI stock →Chicago Atlantic Real Estate Finance, Inc. operates as a commercial mortgage real estate investment trust in the United States.
Real Estate · REIT - Mortgage
PINE vs REFI FAQ
Which is bigger, Alpine Income Property or Chicago Atlantic Real Estate Finance?
Alpine Income Property (PINE) is larger, with a market capitalization of $337.78M compared with $246.22M for Chicago Atlantic Real Estate Finance (REFI).
Which stock has performed better over the past year, PINE or REFI?
PINE returned +31.18% over the past 12 months, compared with -23.61% for REFI (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, PINE or REFI?
REFI has the lower trailing P/E at 7.1, versus 84.0 for PINE. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Alpine Income Property or Chicago Atlantic Real Estate Finance?
Chicago Atlantic Real Estate Finance has the higher yield at 19.56%, compared with 6.64% for Alpine Income Property.
Are Alpine Income Property and Chicago Atlantic Real Estate Finance in the same industry?
Both are in the Real Estate sector, but in different industries: REIT - Retail for Alpine Income Property and REIT - Mortgage for Chicago Atlantic Real Estate Finance.