Wall Street analysts expect that Jernigan Capital Inc (NYSE:JCAP) will report earnings per share of $0.15 for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Jernigan Capital’s earnings. The highest EPS estimate is $0.17 and the lowest is $0.13. Jernigan Capital posted earnings of $0.53 per share in the same quarter last year, which suggests a negative year over year growth rate of 71.7%. The business is expected to issue its next earnings results after the market closes on Wednesday, February 28th.

According to Zacks, analysts expect that Jernigan Capital will report full-year earnings of $1.05 per share for the current financial year, with EPS estimates ranging from $1.02 to $1.08. For the next financial year, analysts forecast that the business will post earnings of $2.77 per share, with EPS estimates ranging from $2.37 to $2.96. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side analysts that that provide coverage for Jernigan Capital.

A number of research firms have recently weighed in on JCAP. B. Riley set a $25.00 price target on Jernigan Capital and gave the company a “buy” rating in a report on Friday, December 29th. Zacks Investment Research lowered shares of Jernigan Capital from a “hold” rating to a “sell” rating in a research report on Tuesday, January 16th. ValuEngine raised shares of Jernigan Capital from a “hold” rating to a “buy” rating in a research report on Monday, November 6th. Robert W. Baird reissued a “buy” rating on shares of Jernigan Capital in a research report on Friday, November 3rd. Finally, TheStreet lowered shares of Jernigan Capital from a “b-” rating to a “c” rating in a research report on Friday, November 10th. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $24.17.

Shares of Jernigan Capital (NYSE:JCAP) traded up $0.16 during midday trading on Monday, reaching $16.79. 36,718 shares of the company’s stock were exchanged, compared to its average volume of 155,020. Jernigan Capital has a 1 year low of $15.90 and a 1 year high of $24.89. The company has a market capitalization of $230.21, a PE ratio of 11.39 and a beta of 0.66.

In other news, Director James D. Dondero sold 48,900 shares of the business’s stock in a transaction dated Friday, November 17th. The shares were sold at an average price of $20.21, for a total transaction of $988,269.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director James D. Dondero sold 23,000 shares of the business’s stock in a transaction dated Thursday, December 28th. The stock was sold at an average price of $19.27, for a total transaction of $443,210.00. The disclosure for this sale can be found here. Insiders own 3.18% of the company’s stock.

Several large investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. increased its holdings in shares of Jernigan Capital by 0.6% during the 2nd quarter. Goldman Sachs Group Inc. now owns 42,644 shares of the real estate investment trust’s stock worth $938,000 after purchasing an additional 249 shares during the period. NFC Investments LLC increased its stake in Jernigan Capital by 0.7% in the second quarter. NFC Investments LLC now owns 231,604 shares of the real estate investment trust’s stock valued at $5,095,000 after acquiring an additional 1,700 shares during the period. American International Group Inc. increased its stake in Jernigan Capital by 51.2% in the third quarter. American International Group Inc. now owns 8,687 shares of the real estate investment trust’s stock valued at $179,000 after acquiring an additional 2,943 shares during the period. US Bancorp DE increased its stake in Jernigan Capital by 99.9% in the fourth quarter. US Bancorp DE now owns 9,343 shares of the real estate investment trust’s stock valued at $178,000 after acquiring an additional 4,669 shares during the period. Finally, D.A. Davidson & CO. bought a new stake in Jernigan Capital in the second quarter valued at about $102,000. Institutional investors own 69.39% of the company’s stock.

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Jernigan Capital Company Profile

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.

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Earnings History and Estimates for Jernigan Capital (NYSE:JCAP)

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