Published On: Wed, Oct 19th, 2016

Upgrades And Downgrades For Jernigan Capital, Inc. (NYSE:JCAP)


Recently stock market analysts have updated their consensus ratings on shares of Jernigan Capital, Inc. (NYSE:JCAP).

Most recent broker ratings

06/23/2016 – FBR Capital Markets began new coverage on Jernigan Capital, Inc. giving the company a “outperform” rating. They now have a USD 20 price target on the stock.

04/06/2016 – Jernigan Capital, Inc. was downgraded to “sell” by analysts at Wunderlich. They now have a USD 10 price target on the stock.

05/20/2015 – Robert W. Baird began new coverage on Jernigan Capital, Inc. giving the company a “outperform” rating. They now have a USD 26 price target on the stock.

05/12/2015 – Raymond James began new coverage on Jernigan Capital, Inc. giving the company a “outperform” rating. They now have a USD 25 price target on the stock.

Jernigan Capital, Inc. has a 50 day moving average of 17.91 and a 200 day moving average of 15.11. The stock’s market capitalization is 106.52M, it has a 52-week low of 10.10 and a 52-week high of 19.62.

The share price of the company (NYSE:JCAP) was down -3.43% during the last trading session, with a high of 19.03 and the volume of Jernigan Capital, Inc. shares traded was 43566.

Jernigan 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.