35.65 % to Target, B.Riley FBR Reconfirms ‘Buy’ Rating on Jernigan Capital (NYSE:JCAP) Shares Today

April 20, 2018 - By reb123z

Jernigan Capital, Inc. (NYSE:JCAP) Logo

Jernigan Capital (NYSE:JCAP) Rating Reaffirmed

They currently have a $25.0 target on Jernigan Capital (NYSE:JCAP). The target price by B.Riley FBR would suggest a potential upside of 35.65 % from the company’s last stock close price. This has been disclosed in a research note on Friday, 29 December.

Jernigan Capital, Inc. (NYSE:JCAP) Ratings Coverage

Among 2 analysts covering Jernigan Capital (NYSE:JCAP), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Jernigan Capital has $26.0 highest and $22 lowest target. $24’s average target is 30.22% above currents $18.43 stock price. Jernigan Capital had 6 analyst reports since November 14, 2017 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, November 14 by FBR Capital. FBR Capital maintained Jernigan Capital, Inc. (NYSE:JCAP) on Monday, February 5 with “Buy” rating. The firm has “Buy” rating given on Friday, December 29 by FBR Capital. FBR Capital maintained the stock with “Buy” rating in Friday, March 9 report. FBR Capital maintained Jernigan Capital, Inc. (NYSE:JCAP) rating on Thursday, March 1. FBR Capital has “Buy” rating and $25.0 target. The firm earned “Overweight” rating on Tuesday, March 6 by KeyBanc Capital Markets.

The stock decreased 0.43% or $0.08 during the last trading session, reaching $18.43. About 125,338 shares traded or 9.61% up from the average. Jernigan Capital, Inc. (NYSE:JCAP) has declined 21.34% since April 20, 2017 and is downtrending. It has underperformed by 32.89% the S&P500.

Analysts await Jernigan Capital, Inc. (NYSE:JCAP) to report earnings on May, 2. They expect $0.13 EPS, up 8.33 % or $0.01 from last year’s $0.12 per share. JCAP’s profit will be $1.85 million for 35.44 P/E if the $0.13 EPS becomes a reality. After $0.18 actual EPS reported by Jernigan Capital, Inc. for the previous quarter, Wall Street now forecasts -27.78 % negative EPS growth.

Jernigan Capital, Inc. is an equity real estate investment trust. The company has market cap of $262.85 million. The firm primarily engages in the investment and ownership of self storage facilities in United States. It has a 16.75 P/E ratio.

Jernigan Capital, Inc. (NYSE:JCAP) Ratings Chart

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