Jernigan Capital Company Profile (NYSE:JCAP)

About Jernigan Capital (NYSE:JCAP)

Jernigan Capital logoJernigan Capital, Inc. is a commercial real estate finance company. The Company provides capital to private developers, owners and operators of self-storage facilities. It intends to generate long-term returns on development property investments through a fixed rate of interest on its invested capital together with an interest in the positive cash flows of the self-storage development from operations, sales and/or refinancings. It generates cash flows from construction loans and operating property loans in the form of a fixed interest rate and origination fees. It originates various loans, such as bridge loans and credit lines. It has development property investments in Orlando, Atlanta, Tampa, Chicago and Miami. Its operating property loans are located in New Orleans, Newark, Nashville, Sacramento and Chicago. The Company conducts its investment activities through Jernigan Capital Operating Company, LLC. The Company is externally managed and advised by JCap Advisors, LLC.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Specialized REITs - NEC
  • Sub-Industry: N/A
  • Symbol: NYSE:JCAP
  • CUSIP: N/A
  • Web: www.jernigancapital.com
Capitalization:
  • Market Cap: $301.14 million
  • Outstanding Shares: 14,238,000
Average Prices:
  • 50 Day Moving Avg: $22.51
  • 200 Day Moving Avg: $22.19
  • 52 Week Range: $15.02 - $24.89
P/E:
  • Trailing P/E Ratio: 10.05
  • Foreward P/E Ratio: 8.07
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $6.93 million
  • Price / Sales: 45.12
  • Book Value: $17.81 per share
  • Price / Book: 1.23
Dividend:
  • Annual Dividend: $1.40
  • Dividend Yield: 6.4%
Profitability:
  • Net Margins: 216.88%
  • Return on Equity: 12.63%
  • Return on Assets: 10.64%
Debt:
  • Debt-to-Equity Ratio: 0.12%
  • Current Ratio: 41.41%
  • Quick Ratio: 41.41%
Misc:
  • Average Volume: 200,022 shs.
  • Beta: 0.87
  • Short Ratio: 5.29
 
Frequently Asked Questions for Jernigan Capital (NYSE:JCAP)

What is Jernigan Capital's stock symbol?

Jernigan Capital trades on the New York Stock Exchange (NYSE) under the ticker symbol "JCAP."

How often does Jernigan Capital pay dividends? What is the dividend yield for Jernigan Capital?

Jernigan Capital announced a quarterly dividend on Thursday, May 4th. Investors of record on Monday, July 3rd will be paid a dividend of $0.35 per share on Friday, July 14th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 6.38%. The ex-dividend date is Thursday, June 29th. View Jernigan Capital's Dividend History.

How were Jernigan Capital's earnings last quarter?

Jernigan Capital, Inc. (NYSE:JCAP) released its quarterly earnings data on Wednesday, May, 3rd. The company reported $0.12 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.07 by $0.05. The business had revenue of $2.30 million for the quarter, compared to analyst estimates of $2.26 million. Jernigan Capital had a net margin of 216.88% and a return on equity of 12.63%. View Jernigan Capital's Earnings History.

Where is Jernigan Capital's stock going? Where will Jernigan Capital's stock price be in 2017?

3 equities research analysts have issued twelve-month price objectives for Jernigan Capital's stock. Their forecasts range from $25.00 to $26.00. On average, they expect Jernigan Capital's stock price to reach $25.33 in the next year. View Analyst Ratings for Jernigan Capital.

What are analysts saying about Jernigan Capital stock?

Here are some recent quotes from research analysts about Jernigan Capital stock:

  • 1. According to Zacks Investment Research, "Jernigan Capital, Inc. is a commercial real estate finance company which provides financing to private developers, owners and operators of self-storage facilities. The company offers solutions for the ground-up construction of self-storage facilities or self-storage redevelopment opportunities as well as for the acquisition of, refinancing of existing indebtedness on, recapitalization of stabilized self-storage facilities. Jernigan Capital, Inc. is based in MIAMI, United States. " (7/6/2017)
  • 2. FBR & Co analysts commented, "During all of the supply-driven drama occurring in the world of self-storage over the past 12 months, Jernigan Capital has been the best-performing storage REIT at +74% total return versus the equity REITs at +6%. Investors new to the JCAP story often ask how that is possible. The answer is simple: JCAP benefits from the new supply that the equity REITs are struggling to digest. We view JCAP as a way to capitalize on the storage development cycle, with the added opportunity to get into what we believe to be the next great self-storage equity REIT that is Dean Jernigan’s third major self-storage venture. As such, we view the current approximately $22 stock price as a very attractive entry point, compared to our $27 per share intrinsic value estimate based on 2017 commitments and $31.25 per share intrinsic value estimate based on 2018 capital commitments." (5/30/2017)

Who are some of Jernigan Capital's key competitors?

Who are Jernigan Capital's key executives?

Jernigan Capital's management team includes the folowing people:

  • Dean Jernigan, Chairman of the Board, Chief Executive Officer
  • John A Good, President, Chief Operating Officer, Director
  • Kelly P. Luttrell, Chief Financial Officer, Senior Vice President, Treasurer
  • Howard A. Silver, Independent Director
  • Harry J. Thie Ph.D., Independent Director

When did Jernigan Capital IPO?

(JCAP) raised $100 million in an initial public offering (IPO) on Friday, March 27th 2015. The company issued 5,000,000 shares at a price of $19.00-$21.00 per share. Raymond James, Baird and Wunderlich Securities served as the underwriters for the IPO.

Who owns Jernigan Capital stock?

Jernigan Capital's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Ranger Global Real Estate Advisors LLC (3.48%), Orinda Asset Management LLC (0.73%) and James Investment Research Inc. (0.48%). Company insiders that own Jernigan Capital stock include Dean Jernigan, Harry J Thie, James D Dondero, John A Good, Mark O Decker and William C Drummond. View Institutional Ownership Trends for Jernigan Capital.

Who bought Jernigan Capital stock? Who is buying Jernigan Capital stock?

Jernigan Capital's stock was purchased by a variety of institutional investors in the last quarter, including Ranger Global Real Estate Advisors LLC, Orinda Asset Management LLC and James Investment Research Inc.. Company insiders that have bought Jernigan Capital stock in the last two years include Dean Jernigan, Harry J Thie, James D Dondero, John A Good, Mark O Decker and William C Drummond. View Insider Buying and Selling for Jernigan Capital.

How do I buy Jernigan Capital stock?

Shares of Jernigan Capital can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Jernigan Capital's stock price today?

One share of Jernigan Capital stock can currently be purchased for approximately $21.96.


MarketBeat Community Rating for Jernigan Capital (NYSE JCAP)
Community Ranking:  2.6 out of 5 ( )
Outperform Votes:  88 (Vote Outperform)
Underperform Votes:  81 (Vote Underperform)
Total Votes:  169
MarketBeat's community ratings are surveys of what our community members think about Jernigan Capital and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Jernigan Capital (NYSE:JCAP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $25.33 (15.36% upside)

Analysts' Ratings History for Jernigan Capital (NYSE:JCAP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/28/2017Raymond James Financial, Inc.Reiterated RatingOutperform$25.00 -> $26.00LowView Rating Details
5/30/2017FBR & CoReiterated RatingBuy$25.00LowView Rating Details
4/24/2017Jefferies Group LLCInitiated CoverageHold$25.00HighView Rating Details
4/6/2016WunderlichDowngradeHold -> SellN/AView Rating Details
3/14/2016Robert W. BairdReiterated RatingOutperformN/AView Rating Details
(Data available from 7/23/2015 forward)

Earnings

Earnings History for Jernigan Capital (NYSE:JCAP)
Earnings by Quarter for Jernigan Capital (NYSE:JCAP)
Earnings History by Quarter for Jernigan Capital (NYSE JCAP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/2017Q1$0.07$0.12$2.26 million$2.30 millionViewListenView Earnings Details
3/1/2017Q416$0.51$0.53$1.94 million$2.16 millionViewListenView Earnings Details
8/11/2015Q215($0.04)($0.20)$0.61 million$0.15 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Jernigan Capital (NYSE:JCAP)
Current Year EPS Consensus Estimate: $1.71 EPS
Next Year EPS Consensus Estimate: $2.72 EPS

Dividends

Current Dividend Information for Jernigan Capital (NYSE:JCAP)
Most Recent Dividend:7/14/2017
Annual Dividend:$1.40
Dividend Yield:6.38%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:58.33% (Trailing 12 Months of Earnings)
81.87% (Based on This Year's Estimates)
51.47% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Jernigan Capital (NYSE:JCAP)

Dividend History by Quarter for Jernigan Capital (NYSE JCAP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/4/2017quarterly$0.356.43%6/29/20177/3/20177/14/2017
3/9/2017quarterly$0.356.38%3/30/20174/3/20174/14/2017
11/4/2016quarterly$0.357.88%12/29/20161/3/20171/13/2017
9/6/2016quarterly$0.358.55%9/28/201610/1/201610/14/2016
5/23/2016Quarterly$0.356/29/20167/1/20167/15/2016
3/21/2016quarterly$0.359.31%3/30/20164/1/20164/15/2016
11/11/2015quarterly$0.359.03%12/29/20151/1/20161/15/2016
8/28/2015quarterly$0.357.6%9/29/201510/1/201510/15/2015
6/4/2015special$0.356/29/20157/1/20157/15/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Jernigan Capital (NYSE:JCAP)
Insider Ownership Percentage: 3.18%
Institutional Ownership Percentage: 33.12%
Insider Trades by Quarter for Jernigan Capital (NYSE:JCAP)
Institutional Ownership by Quarter for Jernigan Capital (NYSE:JCAP)
Insider Trades by Quarter for Jernigan Capital (NYSE:JCAP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/27/2017James D DonderoDirectorBuy100,000$22.00$2,200,000.00View SEC Filing  
3/6/2017Mark O DeckerDirectorBuy500$22.62$11,310.00View SEC Filing  
12/13/2016Dean JerniganChairmanBuy9,737$19.00$185,003.00View SEC Filing  
12/13/2016James D DonderoDirectorBuy79,000$19.00$1,501,000.00View SEC Filing  
12/13/2016John A GoodInsiderBuy16,578$19.00$314,982.00View SEC Filing  
12/13/2016William C DrummondCFOBuy2,500$19.00$47,500.00View SEC Filing  
11/7/2016John A GoodInsiderBuy1,200$17.90$21,480.00View SEC Filing  
8/26/2016William C DrummondCFOBuy500$16.35$8,175.00View SEC Filing  
8/19/2016William C DrummondCFOBuy500$16.75$8,375.00View SEC Filing  
6/10/2016William C DrummondCFOBuy1,012$15.29$15,473.48View SEC Filing  
5/27/2016Harry J ThieDirectorBuy1,250$14.40$18,000.00View SEC Filing  
3/21/2016Harry J ThieDirectorBuy200$15.00$3,000.00View SEC Filing  
3/15/2016William C DrummondCFOBuy500$15.15$7,575.00View SEC Filing  
3/10/2016John A GoodCOOBuy2,300$15.60$35,880.00View SEC Filing  
3/10/2016William C DrummondCFOBuy300$15.31$4,593.00View SEC Filing  
12/28/2015Dean JerniganCEOBuy6,874$16.34$112,321.16View SEC Filing  
12/24/2015Dean JerniganCEOBuy22,000$16.68$366,960.00View SEC Filing  
12/22/2015Dean JerniganCEOBuy11,939$16.29$194,486.31View SEC Filing  
12/15/2015John A GoodCOOBuy338$15.35$5,188.30View SEC Filing  
12/15/2015Mark O DeckerDirectorBuy700$15.40$10,780.00View SEC Filing  
12/14/2015Dean JerniganCEOBuy31,901$15.24$486,171.24View SEC Filing  
12/9/2015Dean JerniganCEOBuy30,300$15.02$455,106.00View SEC Filing  
12/9/2015John A GoodCOOBuy1,062$14.96$15,887.52View SEC Filing  
12/8/2015John A GoodCOOBuy500$14.98$7,490.00View SEC Filing  
12/2/2015Dean JerniganCEOBuy2,301$15.29$35,182.29View SEC Filing  
11/20/2015Dean JerniganCEOBuy25,000$16.20$405,000.00View SEC Filing  
11/12/2015Dean JerniganCEOBuy32,250$16.23$523,417.50View SEC Filing  
11/12/2015John A GoodCOOBuy10,750$16.24$174,580.00View SEC Filing  
11/12/2015Mark O DeckerDirectorBuy1,000$16.19$16,190.00View SEC Filing  
9/15/2015John A GoodCOOBuy2,500$17.53$43,825.00View SEC Filing  
8/20/2015Dean JerniganCEOBuy80,145$18.59$1,489,895.55View SEC Filing  
8/14/2015John A GoodCOOBuy8,500$17.88$151,980.00View SEC Filing  
6/5/2015Sam J JenkinsDirectorBuy2,000$21.15$42,300.00View SEC Filing  
5/28/2015Howard A SilverDirectorBuy2,500$20.16$50,400.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Jernigan Capital (NYSE:JCAP)
Latest Headlines for Jernigan Capital (NYSE:JCAP)
Source:
DateHeadline
americanbankingnews.com logoCommunications Sales & Leasing,Inc. (UNIT) vs. Jernigan Capital (JCAP) Head-To-Head Analysis
www.americanbankingnews.com - July 21 at 10:16 AM
americanbankingnews.com logo$2.89 Million in Sales Expected for Jernigan Capital, Inc. (JCAP) This Quarter
www.americanbankingnews.com - July 20 at 1:24 PM
americanbankingnews.com logoJernigan Capital, Inc. (JCAP) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - July 10 at 11:15 AM
americanbankingnews.com logoJernigan Capital, Inc. (JCAP) Rating Lowered to Strong Sell at Zacks Investment Research
www.americanbankingnews.com - July 9 at 1:40 PM
americanbankingnews.com logoJernigan Capital, Inc. (NYSE:JCAP) Stock Rating Lowered by BidaskClub
www.americanbankingnews.com - July 8 at 6:00 PM
finance.yahoo.com logoJernigan Capital Announces Date for Second Quarter 2017 Results and Webcast
finance.yahoo.com - July 7 at 6:37 AM
finance.yahoo.com logoJernigan Capital, Inc. Closes Approximately $50 Million of New Self-Storage Development Investments
finance.yahoo.com - July 6 at 6:51 AM
finance.yahoo.com logoMemphis company announces $27M deal in Manhattan
finance.yahoo.com - July 6 at 6:51 AM
americanbankingnews.com logoJernigan Capital, Inc. (JCAP) Given Outperform Rating at Raymond James Financial, Inc.
www.americanbankingnews.com - July 2 at 12:38 PM
americanbankingnews.com logoHead to Head Survey: Drive Shack (DS) & Jernigan Capital (JCAP)
www.americanbankingnews.com - June 29 at 12:42 AM
americanbankingnews.com logoTheStreet Upgrades Jernigan Capital, Inc. (JCAP) to "B"
www.americanbankingnews.com - June 28 at 10:34 PM
americanbankingnews.com logoInsider Buying: Jernigan Capital, Inc. (JCAP) Director Purchases 100,000 Shares of Stock
www.americanbankingnews.com - June 27 at 7:28 PM
finance.yahoo.com logoJernigan Capital Announces Closing of Public Offering of Common Stock, Including Full Exercise by Underwriters of Overallotment Option
finance.yahoo.com - June 27 at 6:14 PM
americanbankingnews.com logoJernigan Capital, Inc. (JCAP) Expected to Post Quarterly Sales of $2.77 Million
www.americanbankingnews.com - June 24 at 9:34 AM
rttnews.com logoJernigan Capital Inc. (JCAP) Is Heading Lower After Stock Offering
www.rttnews.com - June 23 at 11:26 PM
finance.yahoo.com logoJernigan Capital, Inc. Announces Pricing of Upsized Public Offering of Common Stock
finance.yahoo.com - June 22 at 12:58 PM
americanbankingnews.com logoZacks: Analysts Anticipate Jernigan Capital, Inc. (JCAP) Will Post Earnings of $0.28 Per Share
www.americanbankingnews.com - June 22 at 11:04 AM
finance.yahoo.com logoJernigan Capital, Inc. Closes Baltimore Self-Storage Development Investment
finance.yahoo.com - June 19 at 5:02 PM
americanbankingnews.com logoJernigan Capital (JCAP) vs. Monmouth Real Estate Investment Corporation (MNR) Head to Head Survey
www.americanbankingnews.com - June 14 at 10:12 AM
finance.yahoo.com logoJernigan expands in Florida with another multimillion-dollar deal
finance.yahoo.com - June 13 at 5:48 PM
finance.yahoo.com logoJernigan Capital, Inc. Closes St. Petersburg Self-Storage Development Investment
finance.yahoo.com - June 12 at 6:37 PM
americanbankingnews.com logo$2.77 Million in Sales Expected for Jernigan Capital Inc (JCAP) This Quarter
www.americanbankingnews.com - May 31 at 2:52 PM
americanbankingnews.com logoFBR & Co Reaffirms Buy Rating for Jernigan Capital Inc (JCAP)
www.americanbankingnews.com - May 30 at 1:15 PM
americanbankingnews.com logoJernigan Capital Inc (JCAP) Given "Buy" Rating at FBR & Co
www.americanbankingnews.com - May 29 at 4:02 PM
finance.yahoo.com logoMemphis company continues 'record-setting' year with $9M commitment
finance.yahoo.com - May 22 at 5:30 PM
nasdaq.com logoETF Preview: ETFs, Futures Track Oil Higher Ahead of OPEC Meeting This Week
www.nasdaq.com - May 22 at 10:42 AM
finance.yahoo.com logoBatter Up! The Commercial Mortgage REITs
finance.yahoo.com - May 8 at 8:34 AM
americanbankingnews.com logoFBR & Co Reiterates "Buy" Rating for Jernigan Capital Inc (JCAP)
www.americanbankingnews.com - May 7 at 10:02 AM
finance.yahoo.com logoEdited Transcript of JCAP earnings conference call or presentation 4-May-17 3:00pm GMT
finance.yahoo.com - May 4 at 11:14 PM
americanbankingnews.com logoJernigan Capital Inc (JCAP) Posts Earnings Results
www.americanbankingnews.com - May 4 at 9:48 PM
americanbankingnews.com logoJernigan Capital Inc (JCAP) Plans $0.35 Quarterly Dividend
www.americanbankingnews.com - May 4 at 8:40 PM
finance.yahoo.com logoJernigan Capital Announces Dividend for Second Quarter 2017
finance.yahoo.com - May 4 at 12:07 PM
finance.yahoo.com logoJernigan Capital set to have 'record' year
finance.yahoo.com - May 3 at 10:16 PM
finance.yahoo.com logoADDING and REPLACING Jernigan Capital Announces Results for First Quarter 2017
finance.yahoo.com - May 3 at 10:16 PM
marketbeat.com logoJernigan Capital tops 1Q profit forecasts
marketbeat.com - May 3 at 6:51 PM
americanbankingnews.com logo Brokerages Expect Jernigan Capital Inc (JCAP) Will Post Earnings of $0.07 Per Share
www.americanbankingnews.com - May 3 at 6:00 PM
americanbankingnews.com logoJernigan Capital (JCAP) Earns Daily Media Sentiment Rating of -0.12
www.americanbankingnews.com - April 27 at 5:15 PM
americanbankingnews.com logoJefferies Group LLC Begins Coverage on Jernigan Capital Inc (JCAP)
www.americanbankingnews.com - April 24 at 9:50 PM
americanbankingnews.com logoJernigan Capital (JCAP) Receiving Favorable Press Coverage, Study Finds
www.americanbankingnews.com - April 24 at 4:54 PM
finance.yahoo.com logoJernigan Capital, Inc. Closes $29.5 Million of New Self-Storage Development Investments
finance.yahoo.com - April 21 at 10:33 AM
americanbankingnews.com logoJernigan Capital (JCAP) Getting Somewhat Favorable Press Coverage, Study Shows
www.americanbankingnews.com - April 20 at 11:51 PM
finance.yahoo.com logoJernigan Capital, Inc. Announces First Quarter 2017 Results Webcast
finance.yahoo.com - April 19 at 11:18 AM
americanbankingnews.com logoJernigan Capital (JCAP) Getting Favorable News Coverage, Analysis Finds
www.americanbankingnews.com - April 17 at 3:54 PM
americanbankingnews.com logoZacks: Analysts Expect Jernigan Capital Inc (JCAP) Will Post Quarterly Sales of $2.34 Million
www.americanbankingnews.com - April 14 at 1:40 PM
americanbankingnews.com logoJernigan Capital (JCAP) Receiving Somewhat Positive News Coverage, Study Shows
www.americanbankingnews.com - April 13 at 3:14 PM
americanbankingnews.com logoJernigan Capital Inc (JCAP) Expected to Post Earnings of $0.09 Per Share
www.americanbankingnews.com - April 12 at 2:31 PM
americanbankingnews.com logoZacks: Jernigan Capital Inc (JCAP) Receives Consensus Rating of "" from Analysts
www.americanbankingnews.com - April 3 at 1:14 PM
biz.yahoo.com logoJERNIGAN CAPITAL, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Regulation FD Disclosure, Finan
biz.yahoo.com - March 30 at 6:24 PM
nasdaq.com logoFinancial Sector Update for 03/29/2017: JCAP,COWN,MFG - Nasdaq
www.nasdaq.com - March 29 at 6:35 PM
nasdaq.com logoJernigan Capital, Inc. (JCAP) Ex-Dividend Date Scheduled for March 30, 2017 - Nasdaq
www.nasdaq.com - March 29 at 6:35 PM

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Jernigan Capital (JCAP) Chart for Sunday, July, 23, 2017

This page was last updated on 7/23/2017 by MarketBeat.com Staff