Economy

Jernigan Capital Inc (JCAP) Stock Is Crashing Now

News stories about Jernigan Capital (NYSE:JCAP) have trended somewhat positive on Thursday, according to Accern Sentiment. On average, equities research analysts forecast that Jernigan Capital will post $1.83 earnings per share for the current fiscal year. FBR & Co reiterated a "buy" rating on shares of Jernigan Capital in a research note on Thursday, March 23rd.

Wall Street analysts are predicting that Jernigan Capital Inc (NYSE:JCAP) will report earnings per share of $0.28 in their quarterly report.

Jernigan Capital Inc (NYSE:JCAP) opened its previous trading session at $22.05 later Declining -8% to close its trade at a share price of $22.32.

Based on the latest brokerage notes which have been released to investors, 2 brokers have issued a rating of "strong buy", 1 brokers "buy", 1 brokers "neutral", 0 brokers "sell" and 0 brokers "strong sell". Jefferies initiated the stock with "Hold" rating in Monday, April 24 report. (JCAP) now has a value of $22.32 while the company's 52 week low is at $13.50, the shares dropped to the 52 week low on 06/27/16.

Jernigan Capital, Inc is a commercial real estate finance company. They set a "hold" rating and a $25.00 price objective on the stock. The stock exchanged hands 2.46 Million shares versus average trading capacity of 116.46 Million shares. Finally, Raymond James Financial Services Advisors Inc. increased its stake in Jernigan Capital by 28.1% in the fourth quarter.

TRADEMARK VIOLATION NOTICE: "Zacks: Analysts Anticipate Jernigan Capital, Inc". (JCAP) is its Earnings per Share or EPS. If you are viewing this report on another domain, it was illegally copied and reposted in violation of United States & global copyright legislation. Jernigan Capital Inc (NYSE:JCAP) has risen 62.21% since June 22, 2016 and is uptrending. (NYSE:JCAP)'s stock about -9.08% from the 50-day high and 5.65% away from the 50-day low. $21.50's average target is -3.67% below currents $22.32 stock price. The company has market cap of $203.58 million.

More notable recent Jernigan Capital Inc (NYSE:JCAP) news were published by: Bizjournals.com which released: "Memphis company's 2017 investment total nears $190 million" on June 20, 2017, also Seekingalpha.com with their article: "Jernigan Capital's (JCAP) CEO Dean Jernigan on Q1 2017 Results - Earnings Call ..." published on May 07, 2017, Nasdaq.com published: "BUZZ-US STOCKS ON THE MOVE-Oracle, Steelcase, Kadmon, Jernigan Capital ..." on June 22, 2017.

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 14th. Stockholders of record on Monday, July 3rd will be given a dividend of $0.35 per share. The ex-dividend date is Thursday, June 29th.

By having an overview of the Income statement for Jernigan Capital Inc (NYSE:JCAP) the Revenue for the trailing twelve months is 6.93 Million. Jernigan Capital's payout ratio is presently 58.33%. The Firm 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.



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