Jernigan Capital (NASDAQ:JCAP) Sets New 12-Month High on Analyst Upgrade

Key Points

• JCAP shares hit a new 52-week high, trading as high as $24.28 after Truist Financial raised its price target from $26 to $30 and reiterated a Buy rating.
• Analyst sentiment is broadly positive: Raymond James and Citizens JMP also lifted their price targets, while the overall consensus rating is Moderate Buy with an average target of $27.50.
• Jernigan Capital reported quarterly EPS of $0.77, exceeding the $0.63 analyst consensus, and analysts expect full-year EPS of approximately $2.53.

Jernigan Capital, Inc. (NASDAQ:JCAP - Get Free Report) shares reached a new 52-week high on Saturday after Truist Financial raised their price target on the stock from $26.00 to $30.00. Truist Financial currently has a buy rating on the stock. Jernigan Capital traded as high as $24.28 and last traded at $24.00, with a volume of 1483907 shares traded. The stock had previously closed at $21.61.

Other analysts also recently issued reports about the company. Weiss Ratings downgraded Jernigan Capital from a "hold (c+)" rating to a "hold (c)" rating in a research report on Wednesday, June 3rd. Raymond James Financial raised their price target on Jernigan Capital from $21.00 to $24.00 and gave the stock an "outperform" rating in a research report on Friday. Citizens Jmp boosted their price target on Jernigan Capital from $26.00 to $28.00 and gave the company a "market outperform" rating in a research note on Friday. Finally, Zacks Research raised shares of Jernigan Capital from a "strong sell" rating to a "hold" rating in a research report on Tuesday, July 14th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $27.50.

Trending Headlines about Jernigan Capital

Here are the key news stories impacting Jernigan Capital this week:

• Positive Sentiment: Truist raises target and initiates Buy rating: Truist Financial increased its price target from $26 to $30 and now rates JCAP “Buy,” indicating substantial potential upside from the current trading level. Benzinga article
• Positive Sentiment: Additional analyst support: Citizens JMP lifted its price target from $26 to $28 and maintained a “Market Outperform” rating, while Raymond James raised its target from $21 to $24 and upgraded its view to “Outperform.” The broad-based revisions reinforce positive sentiment around JCAP’s outlook. Benzinga analyst coverage
• Positive Sentiment: Quarterly earnings exceeded expectations: JCAP reported second-quarter adjusted earnings of $0.77 per share, surpassing the $0.63 consensus estimate. Reported revenue was $177.54 million, with a 25.42% net margin and 38.63% return on equity. MarketBeat earnings report
• Positive Sentiment: Operating growth and dividend: Second-quarter collections increased 18% to $300.9 million, deployments rose 21% to $152.2 million, and estimated remaining collections grew 18% to $3.4 billion. The board also declared a quarterly cash dividend of $0.24 per share, supporting the stock’s income appeal. Second-quarter 2026 results
• Neutral Sentiment: Year-over-year comparison: Quarterly earnings of $0.67 per share were below the $0.81 reported in the same period last year, although results still exceeded analysts’ expectations. Zacks earnings analysis

Institutional Investors Weigh In On Jernigan Capital

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. New York State Common Retirement Fund acquired a new stake in shares of Jernigan Capital in the 4th quarter valued at $34,000. Quarry LP acquired a new position in shares of Jernigan Capital during the 3rd quarter worth $38,000. BNP Paribas Financial Markets bought a new stake in shares of Jernigan Capital during the 3rd quarter worth $60,000. Police & Firemen s Retirement System of New Jersey lifted its position in shares of Jernigan Capital by 133.1% during the 4th quarter. Police & Firemen s Retirement System of New Jersey now owns 3,364 shares of the real estate investment trust's stock worth $75,000 after buying an additional 1,921 shares during the last quarter. Finally, Assetmark Inc. boosted its stake in Jernigan Capital by 100.8% in the first quarter. Assetmark Inc. now owns 4,072 shares of the real estate investment trust's stock valued at $78,000 after buying an additional 2,044 shares in the last quarter.

Jernigan Capital Stock Up 11.1%

The firm has a 50 day moving average of $19.01 and a two-hundred day moving average of $19.61. The firm has a market capitalization of $1.48 billion, a price-to-earnings ratio of 9.80 and a beta of -0.16.

Jernigan Capital (NASDAQ:JCAP - Get Free Report) last issued its earnings results on Thursday, July 30th. The real estate investment trust reported $0.77 EPS for the quarter. Jernigan Capital had a return on equity of 36.35% and a net margin of 23.50%. Sell-side analysts forecast that Jernigan Capital, Inc. will post 2.53 EPS for the current fiscal year.

Jernigan Capital Company Profile

Jernigan Capital is a New York Stock Exchange-listed real estate investment trust NYSE: JCAP that provides debt and equity capital to private developers, owners and operators of self-storage facilities with a view to eventual outright ownership of facilities the Company finances. The Company's mission is to maximize shareholder value by accumulating a multi-billion dollar investment portfolio consisting of the newest, most attractive and best located self-storage facilities in the United States through a talented and experienced team demonstrating the highest levels of integrity, dedication, excellence and community.

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