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Stock impact report

Jernigan Capital Reports Fourth Quarter Results; Introduces 2020 Guidance

Jefferson Capital, Inc. (JCAP) 
Last jefferson capital, inc. earnings: 2/26 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investors.jernigancapital.com
Company Research Source: Business Wire
MEMPHIS, Tenn.--(BUSINESS WIRE)--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 and year ended December 31, 2019.Fourth Quarter Highlights include:Earnings per share and adjusted earnings per share of $0.06 and $0.39, respectively.Executed a definitive asset purchase agreement with JCAP Advisors, LLC (“the Advisor”), the Company’s external advisor, in which Jernigan Capital Operating Company, LLC (the “Operating Company”), would acquire the business assets and liabilities of the Advisor, thereby internalizing the Advisor (the "Internalization").Increased to 20 the number of self-storage facilities wholly owned either on balance sheet or in the SL1 Joint Venture through a developer buyout of the self-storage facility underlying the SL1 Joint Venture’s Raleigh development investment.Commenced leasing of Generation V self-storage facilities underl Show less Read more
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