CIM Real Estate Finance Trust Inc. (CMRF) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of CIM Real Estate Finance Trust Inc. stock $2.04, price $1.75, upside +16.6%, quality 52 out of 100. Rating: undervalued. Calculated from audited financials with 11 of our 26 valuation models and 37 quality factors, updated daily.
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CIM Real Estate Finance Trust Inc.
CMRF · USThe stock costs 14% less than our calculation considers fair.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
54‑month range $0.0006 – $3.28 · fair‑value band $1.53 – $2.55 · the $1.75 price screens below the $2.04 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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Company profile
CIM Real Estate Finance Trust, Inc. is a non-exchange traded real estate investment trust that elected to be taxed, and operates its business to qualify, as a REIT for U.S. federal income tax purposes beginning with its taxable year ended December 31, 2012.
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The Company seeks to attain attractive risk-adjusted returns and create long term value for its investors by investing in a diversified portfolio of senior secured mortgage loans, creditworthy long-term net-leased property investments and other senior loan and liquid credit investments.
As of September 30, 2025, the Company's loan portfolio consisted of 76 loans with a net book value of $3.2 billion, and investments in real estate-related securities and other of $246.1 million.
The Company conducts its commercial real estate lending business through CIM Commercial Lending REIT, a Maryland statutory trust and subsidiary of the Company which the Company expects to be taxed as a REIT for U.S. federal income tax purposes.
As of September 30, 2025, CLR holds a diversified portfolio of approximately $1.4 billion which includes first mortgage loans with a net book value of $1.1 billion, commercial mortgage-backed securities (CMBS) with an estimated fair value of $142.7 million, and an investment in the Unconsolidated Joint Venture (as defined in Note 2 " Summary of Significant Accounting Policies) with a carrying value of $152.7 million.
As of September 30, 2025, the Company owned 198 commercial real estate properties, comprising approximately 6.4 million rentable square feet of commercial space located in 37 states.
As of September 30, 2025, the rentable square feet at these properties were 96.9% leased, including month-to-month agreements, if any. As of September 30, 2025, the Company owned condominium developments with a net book value of $17.7 million.
CIM Real Estate Finance Trust, Inc. was estab;ished in Maryland on July 27, 2010.
Stock analysis
CIM Real Estate Finance Trust Inc. (CMRF) currently trades at $1.75, while our model-based Fair Value estimate is $2.04, implying the stock looks roughly 14% undervalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $4.64 per share, and 6 of the 11 models we run sit above the $1.75 price.
Bear case: the DCF Models group reads lowest at $0.3950, and 5 of the 11 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $1.53 (bear) to $2.55 (bull), the price of $1.75 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 52/100 (solid quality), in the Real Estate sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
CIM Real Estate Finance Trust Inc. reported revenue of $416M in FY2025 versus $366M in FY2021, a compound +3.3%/yr. Reported net income was $52.4M in FY2025.
Key figures
Market cap $1.1B Small · P/S ratio 2.91 · EPS (TTM) $−0.0400 · Net margin 12.6% · Return on equity 0.4% · Return on assets (EBIT) 3.4% (5-year average) · Operating margin 30.3% · Revenue (TTM) $386M.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 41 out of 100 (low confidence).
What moves the price
The share trades about 47% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at 5% fair-value upside, at 17%, CMRF screens cheaper than that median.
Fair Value models
All 11 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Insider trades
In the last 6 months, one officer or director bought shares worth $2.7M, on Sep 4, 2026. Over the same period, one person sold shares worth $110,082.
- BuyRichard S ResslerCEO & President, Director, 10% owner526,808 shares at $5.14$2.7MSep 4, 2026
- SaleJason K SchreiberDirector21,417 shares at $5.14$110,082Sep 4, 2026
Plus 6 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Source: SEC Form 4, as of Nov 6, 2026. All filings at the SEC ↗
Revenue & earnings trend
Growth Forecast
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Compare CIM Real Estate Finance Trust Inc. with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.REIT - Diversified · 138 stocks
Valuation Multiplesvs REIT - Diversified median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Real Estate sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- P/S ratio by industry
- EBIT margin by industry
- Stock screener with 62 metrics
- Undervalued stocks: Real Estate
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more REIT - Diversified stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| VICI Properties Inc VICI | $24.79 | $61.98 | +150% | vs CMRF |
| Stoneweg Europe Stapled Trust SET | 1.43 SGD | 1.84 SGD | +29% | vs CMRF |
| Mirvac Group MGR | A$1.96 | A$2.09 | +7% | vs CMRF |
| W. P. Carey Inc WPC | $65.05 | $69.27 | +6% | vs CMRF |
| Broadstone Net Lease, Inc BNL | $17.51 | $18.46 | +5% | vs CMRF |
| T82U T82U | 1.37 SGD | 0.9700 SGD | −29% | vs CMRF |
| The GPT Group GPT | A$5.18 | A$3.49 | −33% | vs CMRF |
| Goodman Group GMG | A$27.84 | A$16.58 | −40% | vs CMRF |
| KLCC Property Holdings 5235SS | 8.30 MYR | 4.22 MYR | −49% | vs CMRF |
| Charter Hall Group CHC | A$22.16 | A$7.53 | −66% | vs CMRF |
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Key figures of CIM Real Estate Finance Trust Inc.
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