What’s in Jernigan Capital Inc (JCAP) After Today’s Huge Decline?

August 11, 2017 - By Ellis Scott

The stock of Jernigan Capital Inc (NYSE:JCAP) is a huge mover today! About 149,165 shares traded. Jernigan Capital Inc (NYSE:JCAP) has risen 62.21% since August 11, 2016 and is uptrending. It has outperformed by 45.51% the S&P500.
The move comes after 9 months negative chart setup for the $289.61 million company. It was reported on Aug, 11 by Barchart.com. We have $19.32 PT which if reached, will make NYSE:JCAP worth $14.48M less.

Jernigan Capital Inc (NYSE:JCAP) Ratings Coverage

Among 3 analysts covering Jernigan Capital Inc (NYSE:JCAP), 1 have Buy rating, 1 Sell and 1 Hold. Therefore 33% are positive. Jernigan Capital Inc had 9 analyst reports since August 14, 2015 according to SRatingsIntel. FBR Capital maintained Jernigan Capital Inc (NYSE:JCAP) on Thursday, March 2 with “Outperform” rating. The rating was initiated by FBR Capital on Thursday, June 23 with “Outperform”. The stock of Jernigan Capital Inc (NYSE:JCAP) earned “Buy” rating by Wunderlich on Tuesday, November 10. The stock has “Hold” rating by Jefferies on Monday, April 24. FBR Capital maintained the shares of JCAP in report on Friday, March 24 with “Buy” rating. On Tuesday, May 30 the stock rating was maintained by FBR Capital with “Buy”. FBR Capital maintained Jernigan Capital Inc (NYSE:JCAP) on Monday, June 26 with “Buy” rating. The firm has “Sell” rating given on Wednesday, April 6 by Wunderlich.

More notable recent Jernigan Capital Inc (NYSE:JCAP) news were published by: Businesswire.com which released: “Jernigan Capital, Inc. Closes New Credit Facility” on July 25, 2017, also Bizjournals.com with their article: “Jernigan expands in Florida with another multimillion-dollar deal” published on June 13, 2017, Businesswire.com published: “Jernigan Capital Announces Dividend for Third Quarter 2017” on August 02, 2017. More interesting news about Jernigan Capital Inc (NYSE:JCAP) were released by: Businesswire.com and their article: “Jernigan Capital, Inc. Closes Jacksonville Self-Storage Development Investment …” published on July 28, 2017 as well as Bizjournals.com‘s news article titled: “Jernigan Capital set to have ‘record’ year” with publication date: May 03, 2017.

Jernigan Capital, Inc. is a commercial real estate finance company. The company has market cap of $289.61 million. The Firm provides capital to private developers, owners and operators of self-storage facilities. It has a 10.21 P/E ratio. 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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