Truist Financial Issues Positive Forecast for Jernigan Capital (NASDAQ:JCAP) Stock Price

Jernigan Capital (NASDAQ:JCAP) had its price objective increased by Truist Financial from $26.00 to $30.00 in a report issued on Friday morning,Benzinga reports. They currently have a buy rating on the real estate investment trust’s stock.

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

Jernigan Capital Stock Up 11.1%

JCAP opened at $24.00 on Friday. The company has a market cap of $1.48 billion, a P/E ratio of 9.80 and a beta of -0.16. The firm’s 50-day moving average price is $19.01 and its 200-day moving average price is $19.61. Jernigan Capital has a 52-week low of $15.50 and a 52-week high of $24.28.

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

Institutional Trading of Jernigan Capital

Several large investors have recently made changes to their positions in the business. Principal Financial Group Inc. lifted its position in Jernigan Capital by 98.8% during the first quarter. Principal Financial Group Inc. now owns 1,537,054 shares of the real estate investment trust’s stock valued at $29,558,000 after purchasing an additional 763,766 shares during the period. Renaissance Technologies LLC grew its position in Jernigan Capital by 86.2% during the 1st quarter. Renaissance Technologies LLC now owns 178,032 shares of the real estate investment trust’s stock worth $3,424,000 after purchasing an additional 82,432 shares during the period. North Reef Capital Management LP grew its position in Jernigan Capital by 122.2% during the 1st quarter. North Reef Capital Management LP now owns 532,151 shares of the real estate investment trust’s stock worth $10,233,000 after purchasing an additional 292,678 shares during the period. Punch & Associates Investment Management Inc. purchased a new position in shares of Jernigan Capital during the 1st quarter valued at about $21,458,000. Finally, William Blair Investment Management LLC lifted its holdings in shares of Jernigan Capital by 6.5% in the 4th quarter. William Blair Investment Management LLC now owns 1,484,109 shares of the real estate investment trust’s stock valued at $33,155,000 after buying an additional 89,967 shares during the period.

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

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.