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Tale of the Tape

Zacks Equity Research

Why Jernigan Capital (JCAP) Could Be Positioned for a Surge? (Revised)
September 28, 2016


Trades from $3

Jernigan Capital, Inc. (JCAP - Snapshot Report) is an REIT Mortgage Trust that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.

These positive earnings estimate revisions suggest that analysts are becoming more optimistic on JCAP’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Jernigan Capital could be a solid choice for investors.

Current Quarter Estimates for JCAP

In the past 30 days, 1 estimate have gone higher for Jernigan Capital while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from 29 cents a share 30 days ago, to 46 cents today, a move of 58.6%.

Current Year Estimates for JCAP

Meanwhile, Jernigan Capital’s current year figures are also looking quite promising, with 1 estimate moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from $1.48 per share 30 days ago to $2.08 per share today, an increase of 40.5%.

JERNIGAN CAPITL Price and Consensus


Bottom Line

The stock has also started to move higher lately, adding 16.3% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #1 (Strong Buy) stock to profit in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

(We are reissuing this article to correct a mistake. The original article, issued September 23, 2016, should no longer be relied upon.)

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