Jernigan Capital (NASDAQ:JCAP) Sets New 1-Year High Following Analyst Upgrade

Jernigan Capital, Inc. (NASDAQ:JCAP)’s share price reached a new 52-week high on Saturday after Truist Financial raised their price target on the stock from $26.00 to $30.00. Truist Financial currently has a buy rating on the stock. Jernigan Capital traded as high as $24.28 and last traded at $24.00, with a volume of 1483907 shares changing hands. The stock had previously closed at $21.61.

A number of other equities analysts have also commented on JCAP. Citizens Jmp raised their price target on Jernigan Capital from $26.00 to $28.00 and gave the stock a “market outperform” rating in a report on Friday. Weiss Ratings lowered shares of Jernigan Capital from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, June 3rd. Zacks Research upgraded Jernigan Capital from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 14th. Finally, Raymond James Financial lifted their price objective on Jernigan Capital from $21.00 to $24.00 and gave the company an “outperform” rating in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Jernigan Capital currently has an average rating of “Moderate Buy” and a consensus price target of $27.50.

Key Stories Impacting Jernigan Capital

Here are the key news stories impacting Jernigan Capital this week:

• Positive Sentiment: Truist raises target and initiates Buy rating: Truist Financial increased its price target from $26 to $30 and now rates JCAP “Buy,” indicating substantial potential upside from the current trading level. Benzinga article
• Positive Sentiment: Additional analyst support: Citizens JMP lifted its price target from $26 to $28 and maintained a “Market Outperform” rating, while Raymond James raised its target from $21 to $24 and upgraded its view to “Outperform.” The broad-based revisions reinforce positive sentiment around JCAP’s outlook. Benzinga analyst coverage
• Positive Sentiment: Quarterly earnings exceeded expectations: JCAP reported second-quarter adjusted earnings of $0.77 per share, surpassing the $0.63 consensus estimate. Reported revenue was $177.54 million, with a 25.42% net margin and 38.63% return on equity. MarketBeat earnings report
• Positive Sentiment: Operating growth and dividend: Second-quarter collections increased 18% to $300.9 million, deployments rose 21% to $152.2 million, and estimated remaining collections grew 18% to $3.4 billion. The board also declared a quarterly cash dividend of $0.24 per share, supporting the stock’s income appeal. Second-quarter 2026 results
• Neutral Sentiment: Year-over-year comparison: Quarterly earnings of $0.67 per share were below the $0.81 reported in the same period last year, although results still exceeded analysts’ expectations. Zacks earnings analysis

Institutional Trading of Jernigan Capital

Several institutional investors and hedge funds have recently made changes to their positions in JCAP. New York State Common Retirement Fund bought a new stake in shares of Jernigan Capital during the 4th quarter worth $34,000. Police & Firemen s Retirement System of New Jersey increased its stake in Jernigan Capital by 133.1% in the fourth quarter. Police & Firemen s Retirement System of New Jersey now owns 3,364 shares of the real estate investment trust’s stock valued at $75,000 after acquiring an additional 1,921 shares during the last quarter. Assetmark Inc. raised its position in Jernigan Capital by 100.8% during the first quarter. Assetmark Inc. now owns 4,072 shares of the real estate investment trust’s stock valued at $78,000 after purchasing an additional 2,044 shares in the last quarter. Quarry LP bought a new stake in Jernigan Capital during the third quarter worth about $38,000. Finally, BNP Paribas Financial Markets bought a new stake in Jernigan Capital during the third quarter worth about $60,000.

Jernigan Capital Trading Up 11.1%

The stock has a market capitalization of $1.48 billion, a PE ratio of 9.80 and a beta of -0.16. The business has a fifty day moving average price of $19.01 and a 200-day moving average price of $19.61.

Jernigan Capital (NASDAQ:JCAP) last announced its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.77 earnings per share for the quarter. Jernigan Capital had a return on equity of 36.35% and a net margin of 23.50%. On average, equities analysts anticipate that Jernigan Capital, Inc. will post 2.53 earnings per share for the current fiscal year.

About Jernigan Capital

Jernigan Capital is a New York Stock Exchange-listed real estate investment trust (NYSE: JCAP) that provides debt and equity capital to private developers, owners and operators of self-storage facilities with a view to eventual outright ownership of facilities the Company finances. The Company's mission is to maximize shareholder value by accumulating a multi-billion dollar investment portfolio consisting of the newest, most attractive and best located self-storage facilities in the United States through a talented and experienced team demonstrating the highest levels of integrity, dedication, excellence and community.