Jernigan Capital, Inc. (JCAP) to Issue Quarterly Dividend of $0.24 on September 3rd

Jernigan Capital, Inc. (NASDAQ:JCAP) announced a quarterly dividend on Thursday, August 13th, NASDAQ Dividends reports. Shareholders of record on Monday, August 24th will be paid a dividend of 0.24 per share by the real estate investment trust on Thursday, September 3rd. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date is Monday, August 24th.

Jernigan Capital Stock Performance

Shares of Jernigan Capital stock traded down $0.05 during trading on Friday, reaching $22.29. 520,376 shares of the company’s stock were exchanged, compared to its average volume of 422,995. The firm’s 50-day moving average price is $19.70 and its 200 day moving average price is $19.65. The company has a market cap of $1.28 billion, a P/E ratio of 9.10 and a beta of -0.16. Jernigan Capital has a 1-year low of $15.50 and a 1-year high of $24.44.

Jernigan Capital (NASDAQ:JCAP) last issued its quarterly earnings data on Thursday, August 13th. The real estate investment trust reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.63 by $0.14. Jernigan Capital had a return on equity of 35.87% and a net margin of 23.50%.The business had revenue of $177.54 million for the quarter. As a group, equities research analysts predict that Jernigan Capital will post 2.53 EPS for the current year.

Jernigan Capital Company Profile

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.