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:
  • Market Cap: $282.77 million
  • Outstanding Shares: 14,238,000
Average Prices:
  • 50 Day Moving Avg: $21.37
  • 200 Day Moving Avg: $22.22
  • 52 Week Range: $16.00 - $24.89
  • Trailing P/E Ratio: 10.18
  • Foreward P/E Ratio: 6.88
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $7.8 million
  • Price / Sales: 34.66
  • Book Value: $19.02 per share
  • Price / Book: 1.00
  • Annual Dividend: $1.40
  • Dividend Yield: 7.1%
  • Net Margins: 185.96%
  • Return on Equity: 9.37%
  • Return on Assets: 7.91%
  • Debt-to-Equity Ratio: 0.08%
  • Current Ratio: 44.83%
  • Quick Ratio: 44.83%
  • Average Volume: 226,377 shs.
  • Beta: 0.84
  • Short Ratio: 2.4

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 declared a quarterly dividend on Thursday, August 3rd. Shareholders of record on Monday, October 2nd will be given a dividend of $0.35 per share on Friday, October 13th. This represents a $1.40 annualized dividend and a dividend yield of 7.37%. The ex-dividend date is Friday, September 29th. View Jernigan Capital's Dividend History.

How were Jernigan Capital's earnings last quarter?

Jernigan Capital, Inc. (NYSE:JCAP) posted its quarterly earnings data on Wednesday, August, 2nd. The company reported $0.50 EPS for the quarter, beating the consensus estimate of $0.38 by $0.12. The firm earned $3.10 million during the quarter, compared to analyst estimates of $2.53 million. Jernigan Capital had a return on equity of 9.37% and a net margin of 185.96%. The firm's quarterly revenue was down 3.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.99 EPS. View Jernigan Capital's Earnings History.

When will Jernigan Capital make its next earnings announcement?

Jernigan Capital is scheduled to release their next quarterly earnings announcement on Tuesday, October, 31st 2017. View Earnings Estimates for Jernigan Capital.

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

3 analysts have issued 1 year price objectives for Jernigan Capital's shares. Their predictions range from $25.00 to $26.00. On average, they anticipate Jernigan Capital's share price to reach $25.33 in the next twelve months. 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. " (8/17/2017)
  • 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)

Are investors shorting Jernigan Capital?

Jernigan Capital saw a increase in short interest during the month of July. As of July 14th, there was short interest totalling 986,276 shares, an increase of 35.5% from the June 30th total of 727,869 shares. Based on an average daily trading volume, of 231,339 shares, the short-interest ratio is presently 4.3 days. Currently, 7.7% of the company's shares are sold short.

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 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 many different of institutional and retail investors. Top institutional shareholders include Forward Management LLC (16.22%), Heartland Advisors Inc. (3.89%), Uniplan Investment Counsel Inc. (3.82%), Ranger Global Real Estate Advisors LLC (3.48%), Vanguard Group Inc. (3.16%) and Investment Counselors of Maryland LLC (2.81%). Company insiders that own Jernigan Capital stock include Dean Jernigan, Harry J Thie, Howard A Silver, James D Dondero, John A Good, Kelly P Luttrell, Mark O Decker and William C Drummond. View Institutional Ownership Trends for Jernigan Capital.

Who sold Jernigan Capital stock? Who is selling Jernigan Capital stock?

Jernigan Capital's stock was sold by a variety of institutional investors in the last quarter, including Susquehanna International Group LLP, Heartland Advisors Inc. and Parametric Portfolio Associates LLC. View Insider Buying and Selling 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 Forward Management LLC, Investment Counselors of Maryland LLC, Uniplan Investment Counsel Inc., Ranger Global Real Estate Advisors LLC, KRV Capital LP, Vanguard Group Inc., State Street Corp and Orinda Asset Management LLC. Company insiders that have bought Jernigan Capital stock in the last two years include Dean Jernigan, Harry J Thie, Howard A Silver, James D Dondero, John A Good, Kelly P Luttrell, 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 $18.99.

MarketBeat Community Rating for Jernigan Capital (NYSE JCAP)
Community Ranking:  2.6 out of 5 ( )
Outperform Votes:  93 (Vote Outperform)
Underperform Votes:  89 (Vote Underperform)
Total Votes:  182
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 (33.40% upside)

Analysts' Ratings History for Jernigan Capital (NYSE:JCAP)
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 8/18/2015 forward)


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
10/31/2017$0.38N/AView Earnings Details
8/2/2017Q2 2017$0.38$0.50$2.53 million$3.10 millionViewListenView Earnings Details
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)


Earnings Estimates for Jernigan Capital (NYSE:JCAP)
Current Year EPS Consensus Estimate: $1.75 EPS
Next Year EPS Consensus Estimate: $2.76 EPS


Current Dividend Information for Jernigan Capital (NYSE:JCAP)
Next Dividend:10/13/2017
Annual Dividend:$1.40
Dividend Yield:7.37%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:69.65% (Trailing 12 Months of Earnings)
80.00% (Based on This Year's Estimates)
50.72% (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
(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: 46.65%
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
8/17/2017John A GoodInsiderBuy600$18.84$11,304.00View SEC Filing  
8/17/2017Kelly P LuttrellCFOBuy369$18.99$7,007.31View SEC Filing  
8/11/2017Howard A SilverDirectorBuy2,481$20.15$49,992.15View SEC Filing  
8/10/2017Harry J ThieDirectorBuy1,650$21.25$35,062.50View SEC Filing  
8/8/2017Mark O DeckerDirectorBuy500$21.60$10,800.00View SEC Filing  
8/7/2017John A GoodInsiderBuy5,000$21.65$108,250.00View SEC Filing  
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)


Headline Trends for Jernigan Capital (NYSE:JCAP)
Latest Headlines for Jernigan Capital (NYSE:JCAP)
DateHeadline logoJernigan Capital, Inc. (JCAP) Raised to Hold at Zacks Investment Research - August 17 at 11:58 PM logoJernigan Capital, Inc. (JCAP) Insider John A. Good Buys 600 Shares - August 17 at 9:16 PM logoInsider Buying: Jernigan Capital, Inc. (JCAP) Director Buys 1,650 Shares of Stock - August 11 at 9:00 PM logoHoward A. Silver Buys 2,481 Shares of Jernigan Capital, Inc. (JCAP) Stock - August 11 at 8:58 PM logoJernigan Capital, Inc. (JCAP) Director Mark O. Decker Buys 500 Shares - August 10 at 8:52 PM logoZacks: Analysts Anticipate Jernigan Capital, Inc. (NYSE:JCAP) Will Announce Quarterly Sales of $3.52 Million - August 9 at 7:24 AM logoJohn A. Good Purchases 5,000 Shares of Jernigan Capital Inc (JCAP) Stock - August 8 at 8:34 PM logo$0.40 Earnings Per Share Expected for Jernigan Capital, Inc. (NYSE:JCAP) This Quarter - August 7 at 6:26 PM logoHead to Head Comparison: Communications Sales & Leasing,Inc. (UNIT) and Jernigan Capital (NYSE:JCAP) - August 5 at 12:12 AM logoJernigan Capital, Inc. (NYSE:JCAP) Receives Consensus Recommendation of "Hold" from Analysts - August 4 at 7:44 AM logoEdited Transcript of JCAP earnings conference call or presentation 3-Aug-17 3:00pm GMT - August 4 at 1:14 AM logoInvestor Network: Jernigan Capital, Inc. to Host Earnings Call - August 3 at 8:11 PM logoJernigan Capital, Inc. (JCAP) Announces $0.35 Quarterly Dividend - August 3 at 6:20 PM logoJernigan Capital Announces $0.50 Earnings Per Share and $0.55 Adjusted Earnings Per Share for Second Quarter 2017 - August 3 at 12:45 AM logoJernigan Capital Announces Dividend for Third Quarter 2017 - August 3 at 12:45 AM logoJernigan Capital tops 2Q profit forecasts - August 3 at 12:45 AM logoShort Interest in Jernigan Capital, Inc. (JCAP) Rises By 35.5% - August 1 at 7:12 AM logoBidaskClub Lowers Jernigan Capital, Inc. (JCAP) to Hold - July 29 at 3:35 PM logoJernigan Capital, Inc. Closes Jacksonville Self-Storage Development Investment and Announces Opening of Three Newly-Developed Self-Storage Facilities - July 29 at 12:16 AM logoJernigan Capital, Inc. Closes New Credit Facility - July 25 at 9:01 PM logoJernigan Capital, Inc. (JCAP) Rating Increased to Buy at BidaskClub - July 23 at 12:36 PM logoCommunications Sales & Leasing,Inc. (UNIT) vs. Jernigan Capital (JCAP) Head-To-Head Analysis - July 21 at 10:16 AM logo$2.89 Million in Sales Expected for Jernigan Capital, Inc. (JCAP) This Quarter - July 20 at 1:24 PM logoJernigan Capital, Inc. (JCAP) Given Consensus Rating of "Hold" by Analysts - July 10 at 11:15 AM logoJernigan Capital, Inc. (JCAP) Rating Lowered to Strong Sell at Zacks Investment Research - July 9 at 1:40 PM logoJernigan Capital, Inc. (NYSE:JCAP) Stock Rating Lowered by BidaskClub - July 8 at 6:00 PM logoJernigan Capital Announces Date for Second Quarter 2017 Results and Webcast - July 7 at 6:37 AM logoJernigan Capital, Inc. Closes Approximately $50 Million of New Self-Storage Development Investments - July 6 at 6:51 AM logoMemphis company announces $27M deal in Manhattan - July 6 at 6:51 AM logoJernigan Capital, Inc. (JCAP) Given Outperform Rating at Raymond James Financial, Inc. - July 2 at 12:38 PM logoHead to Head Survey: Drive Shack (DS) & Jernigan Capital (JCAP) - June 29 at 12:42 AM logoTheStreet Upgrades Jernigan Capital, Inc. (JCAP) to "B" - June 28 at 10:34 PM logoInsider Buying: Jernigan Capital, Inc. (JCAP) Director Purchases 100,000 Shares of Stock - June 27 at 7:28 PM logoJernigan Capital Announces Closing of Public Offering of Common Stock, Including Full Exercise by Underwriters of Overallotment Option - June 27 at 6:14 PM logoJernigan Capital, Inc. (JCAP) Expected to Post Quarterly Sales of $2.77 Million - June 24 at 9:34 AM logoJernigan Capital Inc. (JCAP) Is Heading Lower After Stock Offering - June 23 at 11:26 PM logoJernigan Capital, Inc. Announces Pricing of Upsized Public Offering of Common Stock - June 22 at 12:58 PM logoZacks: Analysts Anticipate Jernigan Capital, Inc. (JCAP) Will Post Earnings of $0.28 Per Share - June 22 at 11:04 AM logoJernigan Capital, Inc. Closes Baltimore Self-Storage Development Investment - June 19 at 5:02 PM logoJernigan Capital (JCAP) vs. Monmouth Real Estate Investment Corporation (MNR) Head to Head Survey - June 14 at 10:12 AM logoJernigan expands in Florida with another multimillion-dollar deal - June 13 at 5:48 PM logoJernigan Capital, Inc. Closes St. Petersburg Self-Storage Development Investment - June 12 at 6:37 PM logo$2.77 Million in Sales Expected for Jernigan Capital Inc (JCAP) This Quarter - May 31 at 2:52 PM logoFBR & Co Reaffirms Buy Rating for Jernigan Capital Inc (JCAP) - May 30 at 1:15 PM logoJernigan Capital Inc (JCAP) Given "Buy" Rating at FBR & Co - May 29 at 4:02 PM logoMemphis company continues 'record-setting' year with $9M commitment - May 22 at 5:30 PM logoETF Preview: ETFs, Futures Track Oil Higher Ahead of OPEC Meeting This Week - May 22 at 10:42 AM logoBatter Up! The Commercial Mortgage REITs - May 8 at 8:34 AM logoFBR & Co Reiterates "Buy" Rating for Jernigan Capital Inc (JCAP) - May 7 at 10:02 AM logoEdited Transcript of JCAP earnings conference call or presentation 4-May-17 3:00pm GMT - May 4 at 11:14 PM



Jernigan Capital (JCAP) Chart for Friday, August, 18, 2017

This page was last updated on 8/18/2017 by Staff