Jernigan Capital, Inc. (NYSE: JCAP) (the "Company") announced that on March 26, 2020, it entered into an amended and restated senior secured revolving credit facility of up to $375 million with a syndicate of banks led by KeyBank National Association and BMO Harris Bank N.A. The $375 million credit facility, which has an accordion feature permitting expansion up to $750 million, subject to certain conditions including obtaining additional commitments from lenders, has a three-year term that expires March 24, 2023 and two one-year extension options.
Today is shaping up negative for Jernigan Capital, Inc. (NYSE:JCAP) shareholders, with the analysts delivering a...
Jernigan Capital (JCAP) delivered earnings and revenue surprises of -333.33% and -0.33%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Jernigan Capital, Inc. (NYSE:JCAP) (the "Company") announced today it will release financial results for the three month period ended March 31, 2020 on Thursday, May 7, 2020 after the market close. The Company will host a webcast and conference call for investors and other interested parties at 12:00 p.m. ET on Friday, May 8, 2020.
Jernigan Capital, Inc. (NYSE: JCAP) announced today that, due to the ongoing COVID-19 pandemic and in order to continue to abide by social distancing orders issued by the City of Memphis and otherwise to protect the health and safety of employees, stockholders and the greater community, its 2020 Annual Meeting of Stockholders (the "Annual Meeting") will change to an audio, virtual-only format. The date and time of the Annual Meeting will not change and will take place at 8:00 a.m. Central Daylight Time on April 28, 2020. There also is no change to the items of business to be addressed at the meeting, which are described in Jernigan Capital’s proxy materials as previously distributed.
Many investors define successful investing as beating the market average over the long term. But its virtually certain...
Jernigan Capital (JCAP) delivered earnings and revenue surprises of 11.43% and 3.72%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Q1 2020 Jernigan Capital Inc Earnings Call
Jernigan Capital (JCAP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
International Paper just opened a $750 million credit line. And, AutoZone is considering doing the same.
Jernigan Capital (JCAP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Jernigan Capital, Inc. (NYSE: JCAP), an owner of self-storage facilities and a leading capital partner for self-storage entrepreneurs nationwide, today announced results for the quarter ended March 31, 2020.
Jernigan Capital (JCAP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
With the virus entering Shelby County, some of Memphis' biggest companies are working to protect their employees.
For five weeks, Jernigan Capital (JCAP) CEO John Good rode out the COVID-19 pandemic at his vacation home in Santa Rosa Beach, Florida. The economy is still in shambles, and most companies, including JCAP, have seen pieces fall. Move-ins at storage facilities are down — running about 70% less than budget through April 22.
Jernigan Capital, Inc. (NYSE:JCAP) (the "Company") announced today that its Board of Directors declared a cash dividend of $0.23 per share of common stock for the quarter ending June 30, 2020. The dividend is payable on July 15, 2020 to stockholders of record on July 1, 2020. The quarterly distribution represents an annualized dividend rate of $0.92 per share.
Jernigan Capital needed its shareholders to approve the transaction. And they did so in an overwhelming fashion.
Business, for many companies, is slow. But Jernigan Capital's self-storage facilities near colleges and universities are bustling.
Q4 2019 Jernigan Capital Inc Earnings Call
Image source: The Motley Fool. Jernigan Capital Inc (NYSE: JCAP)Q1 2020 Earnings CallMay 9, 2020, 9:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGreeting, and welcome to the Jernigan Capital, Inc.