Jernigan Capital, Inc. (JCAP) To Go Ex-Dividend on May 26th

Jernigan Capital, Inc. (NASDAQ:JCAP) announced a quarterly dividend on Wednesday, May 13th, NASDAQ Dividends reports. Investors of record on Tuesday, May 26th will be given a dividend of 0.24 per share by the real estate investment trust on Thursday, June 4th. This represents a c) annualized dividend and a dividend yield of 5.6%. The ex-dividend date of this dividend is Tuesday, May 26th.

Jernigan Capital Price Performance

Jernigan Capital stock opened at $17.29 on Friday. Jernigan Capital has a one year low of $15.98 and a one year high of $23.80. The stock has a market capitalization of $958.21 million and a PE ratio of 6.68. The business’s fifty day moving average is $19.67 and its 200 day moving average is $20.84.

Jernigan Capital (NASDAQ:JCAP) last released its quarterly earnings data on Thursday, March 12th. The real estate investment trust reported $0.69 EPS for the quarter. The company had revenue of $154.80 million for the quarter. Jernigan Capital had a return on equity of 38.63% and a net margin of 25.42%. As a group, sell-side analysts expect that Jernigan Capital will post 2.79 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of JCAP. New York State Common Retirement Fund purchased a new position in Jernigan Capital in the fourth quarter worth about $34,000. Strs Ohio bought a new position in shares of Jernigan Capital in the third quarter worth about $36,000. Quarry LP bought a new position in shares of Jernigan Capital in the third quarter worth about $38,000. State of Wyoming bought a new position in shares of Jernigan Capital in the third quarter worth about $60,000. Finally, BNP Paribas Financial Markets bought a new position in shares of Jernigan Capital in the third quarter worth about $60,000.

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.