News coverage about Jernigan Capital (NYSE:JCAP) has trended somewhat positive recently, according to Accern. The research firm identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Jernigan Capital earned a news sentiment score of 0.20 on Accern’s scale. Accern also assigned news stories about the real estate investment trust an impact score of 45.8065125108387 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Jernigan Capital (JCAP) traded down $0.21 during trading hours on Friday, hitting $18.50. The company had a trading volume of 149,760 shares, compared to its average volume of 184,068. The firm has a market capitalization of $267.03, a PE ratio of 12.67 and a beta of 0.85. Jernigan Capital has a 12-month low of $18.09 and a 12-month high of $24.89.

The firm also recently announced a quarterly dividend, which was paid on Friday, January 12th. Shareholders of record on Tuesday, January 2nd were paid a dividend of $0.35 per share. The ex-dividend date of this dividend was Friday, December 29th. This represents a $1.40 annualized dividend and a yield of 7.57%. Jernigan Capital’s dividend payout ratio (DPR) is 95.89%.

JCAP has been the subject of several recent research reports. Zacks Investment Research raised Jernigan Capital from a “hold” rating to a “buy” rating and set a $24.00 price target for the company in a report on Monday, October 23rd. BidaskClub raised Jernigan Capital from a “hold” rating to a “buy” rating in a report on Monday, October 23rd. FBR & Co set a $25.00 price target on Jernigan Capital and gave the company a “buy” rating in a report on Friday, October 13th. ValuEngine raised Jernigan Capital from a “hold” rating to a “buy” rating in a report on Monday, November 6th. Finally, Robert W. Baird reaffirmed a “buy” rating on shares of Jernigan Capital in a report on Friday, November 3rd. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Jernigan Capital currently has an average rating of “Buy” and an average price target of $24.17.

In other Jernigan Capital news, Director James D. Dondero sold 48,900 shares of the firm’s stock in a transaction on Friday, November 17th. The stock was sold at an average price of $20.21, for a total transaction of $988,269.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director James D. Dondero sold 23,000 shares of the firm’s stock in a transaction on Thursday, December 28th. The stock was sold at an average price of $19.27, for a total value of $443,210.00. The disclosure for this sale can be found here. 3.18% of the stock is owned by company insiders.

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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.

Insider Buying and Selling by Quarter for Jernigan Capital (NYSE:JCAP)

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