Initiated Mkt Outperform X

JCAP Jefferson Capital

Citizens JMP

$23

Initiated Buy X

JCAP Jefferson Capital

Jefferies

$29

Initiated Outperform X

JCAP Jefferson Capital

Keefe Bruyette

$22

Initiated Outperform X

JCAP Jefferson Capital

Raymond James

$19

Initiated Buy X

JCAP Jefferson Capital

Truist

$24

Downgrades Outperform Mkt Perform X

JCAP Jernigan Capital

Raymond James

Upgrades Hold Buy X

JCAP Jernigan Capital

Jefferies

Resumed Buy X

JCAP Jernigan Capital

B. Riley FBR, Inc.

$26

JCAP  Jernigan Capital, Inc.

Jernigan Capital, Inc. is a commercial real estate finance company. The Company provides capital to private developers, owners and operators of self-storage facilities. It intends to generate long-term returns on development property investments through a fixed rate of interest on its invested capital together with an interest in the positive cash flows of the self-storage development from operations, sales and/or refinancings. It generates cash flows from construction loans and operating property loans in the form of a fixed interest rate and origination fees. It originates various loans, such as bridge loans and credit lines. It has development property investments in Orlando, Atlanta, Tampa, Chicago and Miami. Its operating property loans are located in New Orleans, Newark, Nashville, Sacramento and Chicago. The Company conducts its investment activities through Jernigan Capital Operating Company, LLC. The Company is externally managed and advised by JCap Advisors, LLC.