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    Jefferson Capital (JCAP)

    Market Price (8/7/2026): $20.91 | Market Cap: $1.2 BilSector: Financials | Industry: Consumer Finance

    Jefferson Capital (JCAP)

    Market Price (8/7/2026): $20.91
    Market Cap: $1.2 Bil
    Sector: Financials
    Industry: Consumer Finance

    Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

    0

    Attractive yield
    Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 18%, Dividend Yield is 4.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 14%, FCF Yield is 22%

    Strong revenue growth
    Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 30%

    Attractive cash flow generation
    CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 40%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 40%

    Low stock price volatility
    Vol 12M is 35%

    Megatrend and thematic drivers
    Megatrends include Digital & Alternative Assets. Themes include Private Credit.

    Weak multi-year price returns
    2Y Excs Rtn is -23%, 3Y Excs Rtn is -50%

    Debt is significant
    Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 121%

    0 Attractive yield
    Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 18%, Dividend Yield is 4.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 14%, FCF Yield is 22%
    1 Strong revenue growth
    Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 30%
    2 Attractive cash flow generation
    CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 40%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 40%
    3 Low stock price volatility
    Vol 12M is 35%
    4 Megatrend and thematic drivers
    Megatrends include Digital & Alternative Assets. Themes include Private Credit.
    5 Weak multi-year price returns
    2Y Excs Rtn is -23%, 3Y Excs Rtn is -50%
    6 Debt is significant
    Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 121%

    JCAP in ETFs

    Weight = JCAP's share of each fund

    IWM0.02%
    AVUV0.03%
    IWO0.02%
    VTWO0.01%
    IWN0.01%
    SCHA0.01%
    ONEQ0.01%
    SCHB0.00%

    Valuation & Metrics

    FYE: 12/31JCAP [1]S&P 500 [2]
    REVENUE GROWTH
    LTM Revenue [3]$634.8 Mil—
    FY 2026 Sales$691.4 Mil—
    FY 2027 Sales$718.1 Mil—
    FY 2026 Sales Growth8.9%—
    FY 2027 Sales Growth3.9%13.0%
    EARNINGS
    LTM Net Income (GAAP) [3]$161.4 Mil—
    FY 2026 Net Income (Non-GAAP)$82.9 Mil—
    FY 2027 Net Income (Non-GAAP)$87.2 Mil—
    FY 2027 Net Income Growth5.2%19.0%
    FY 2026 EPS (Non-GAAP)$2.76—
    FY 2027 EPS (Non-GAAP)$2.91—
    FY 2027 EPS Growth5.2%—
    VALUATION
    FY 2026 P/S1.71.7
    FY 2027 P/S1.6—
    FY 2026 P/E14.08.1
    FY 2027 P/E13.3—

    [1] JCAP forward figures are analyst consensus for the next two fiscal years (fiscal year end 12/31). Net Income and EPS are non-GAAP (adjusted) consensus. P/S and P/E divide the current market cap by the consensus figure.
    [2] S&P 500 figures are the SPY ETF's holdings-weighted forward aggregate. P/S and P/E reflect FY1/FY2 consensus blended to the 12-month window ending 8/31/27 (~one year forward), shown when ≥90% of index weight has estimates. Growth is the aggregate next-fiscal-year vs current-fiscal-year (FY1→FY2) change. Index-level dollar Sales, Net Income and EPS are not applicable.
    [3] LTM = reported trailing-twelve-month actuals (GAAP).
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    Price Chart

    Upcoming
    8/13/2026Earnings ReleaseRev: $169 Mil (E)
    EPS: $0.68 (E)

    Why The Stock Moved

    Qualitative Assessment

    AI Analysis | Feedback

    Updated on 8/1/2026

    Jefferson Capital (JCAP) stock has remained largely at the same level since 4/30/2026 because of the following key factors:

    1. Strong Fiscal Q1 2026 Results Supported Stability.

    Jefferson Capital reported robust financial performance for fiscal Q1 2026 (ended March 31, 2026) on May 14, 2026. The company announced record quarterly collections grew 19% to $309.9 million, and Estimated Remaining Collections (ERC) increased 18% to $3.4 billion. Its reported EPS of $0.61 surpassed analyst estimates by 4.48%. This solid operational and financial performance provided a foundational level of support for the stock price during the period.

    2. Enhanced Financial Flexibility Through Credit Facility Expansion.

    The company strengthened its financial position by completing an upsize of its Revolving Credit Facility (RCF) to $1.15 billion on April 22, 2026. This expansion, which increased aggregate commitments by $150 million, enhanced Jefferson Capital's financial flexibility and capital resources. This move signaled a stable financial outlook, reinforcing investor confidence.

    Show more
    Updated on 8/1/2026

    Jefferson Capital (JCAP) stock has remained largely at the same level since 4/30/2026 because of the following key factors:

    1. Strong Fiscal Q1 2026 Results Supported Stability.

    Jefferson Capital reported robust financial performance for fiscal Q1 2026 (ended March 31, 2026) on May 14, 2026. The company announced record quarterly collections grew 19% to $309.9 million, and Estimated Remaining Collections (ERC) increased 18% to $3.4 billion. Its reported EPS of $0.61 surpassed analyst estimates by 4.48%. This solid operational and financial performance provided a foundational level of support for the stock price during the period.

    2. Enhanced Financial Flexibility Through Credit Facility Expansion.

    The company strengthened its financial position by completing an upsize of its Revolving Credit Facility (RCF) to $1.15 billion on April 22, 2026. This expansion, which increased aggregate commitments by $150 million, enhanced Jefferson Capital's financial flexibility and capital resources. This move signaled a stable financial outlook, reinforcing investor confidence.

    3. Consistent Shareholder Returns and Positive Analyst Sentiment.

    Jefferson Capital maintained a steady shareholder return by declaring a quarterly cash dividend of $0.24 per share, payable on June 4, 2026. Simultaneously, multiple analysts reiterated a consensus "Buy" or "Strong Buy" rating for JCAP stock, with an average 12-month price target ranging from $26.00 to $27.00. This suggested a potential upside of approximately 29% to 34% from its prevailing price, contributing to a stable holding pattern for the stock.

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    Stock Movement Drivers

    Fundamental Drivers

    The 2.2% change in JCAP stock from 4/30/2026 to 8/6/2026 was primarily driven by a 13.6% change in the company's P/E Multiple.
    (LTM values as of)43020268062026Change
    Stock Price ($)20.4520.912.2%
    Change Contribution By: 
    Total Revenues ($ Mil)6136353.5%
    Net Income Margin (%)30.6%25.4%-17.1%
    P/E Multiple6.37.213.6%
    Shares Outstanding (Mil)58564.9%
    Cumulative Contribution2.2%

    LTM = Last Twelve Months as of date shown

    Market Drivers

    4/30/2026 to 8/6/2026
    ReturnCorrelation
    JCAP2.2% 
    Market (SPY)6.9%3.1%
    Sector (XLF)10.9%36.4%

    Fundamental Drivers

    The 0.5% change in JCAP stock from 1/31/2026 to 8/6/2026 was primarily driven by a 0.0% change in the company's P/E Multiple.
    (LTM values as of)13120268062026Change
    Stock Price ($)20.8120.910.5%
    Change Contribution By: 
    Total Revenues ($ Mil)�6350.0%
    Net Income Margin (%)�25.4%0.0%
    P/E Multiple�7.20.0%
    Shares Outstanding (Mil)58564.8%
    Cumulative Contribution0.0%

    LTM = Last Twelve Months as of date shown

    Market Drivers

    1/31/2026 to 8/6/2026
    ReturnCorrelation
    JCAP0.5% 
    Market (SPY)11.4%28.3%
    Sector (XLF)8.7%48.0%

    Fundamental Drivers

    The 30.4% change in JCAP stock from 7/31/2025 to 8/6/2026 was primarily driven by a 0.0% change in the company's P/E Multiple.
    (LTM values as of)73120258062026Change
    Stock Price ($)16.0420.9130.4%
    Change Contribution By: 
    Total Revenues ($ Mil)�6350.0%
    Net Income Margin (%)�25.4%0.0%
    P/E Multiple�7.20.0%
    Shares Outstanding (Mil)58564.8%
    Cumulative Contribution0.0%

    LTM = Last Twelve Months as of date shown

    Market Drivers

    7/31/2025 to 8/6/2026
    ReturnCorrelation
    JCAP30.4% 
    Market (SPY)22.6%32.4%
    Sector (XLF)11.7%35.4%

    Fundamental Drivers

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    Market Drivers

    7/31/2023 to 8/6/2026
    ReturnCorrelation
    JCAP  
    Market (SPY)73.8%31.7%
    Sector (XLF)71.0%34.0%

    Return vs. Risk

    Price Returns Compared

     202120222023202420252026Total [1]
    Returns
    JCAP Return----23%-6%16%
    Peers Return59%-23%17%2%8%9%71%
    S&P 500 Return27%-19%24%23%16%13%106%

    Monthly Win Rates [3]
    JCAP Win Rate----57%50% 
    Peers Win Rate73%38%55%43%55%57% 
    S&P 500 Win Rate75%42%67%75%67%50% 

    Max Drawdowns [4]
    JCAP Max Drawdown------32% 
    Peers Max Drawdown-20%-39%-38%-24%-35%-31% 
    S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 

    [1] Cumulative total returns since the beginning of 2021
    [2] Peers: ECPG, PRAA, NAVI, SLM, OMF.
    [3] Win Rate = % of calendar months in which monthly returns were positive
    [4] Max drawdown represents maximum peak-to-trough decline within a year
    [5] 2026 data is for the year up to 8/6/2026 (YTD)

    How Low Can It Go

    JCAP has limited trading history. Below is the Financials sector ETF (XLF) in its place.

    EventXLFS&P 500
    2025 US Tariff Shock
      % Loss-15.5%-18.8%
      % Gain to Breakeven18.4%23.1%
      Time to Breakeven80 days79 days
    Summer-Fall 2023 Five Percent Yield Shock
      % Loss-10.7%-9.5%
      % Gain to Breakeven12.0%10.5%
      Time to Breakeven26 days24 days
    2023 SVB Regional Banking Crisis
      % Loss-16.1%-6.7%
      % Gain to Breakeven19.1%7.1%
      Time to Breakeven270 days31 days
    2022 Inflation Shock & Fed Tightening
      % Loss-22.3%-24.5%
      % Gain to Breakeven28.6%32.4%
      Time to Breakeven467 days427 days
    2020 COVID-19 Crash
      % Loss-42.8%-33.7%
      % Gain to Breakeven74.8%50.9%
      Time to Breakeven289 days140 days
    Q4 2018 Fed Policy Error / Growth Scare
      % Loss-19.7%-19.2%
      % Gain to Breakeven24.5%23.8%
      Time to Breakeven123 days105 days

    Compare to ECPG, PRAA, NAVI, SLM, OMF

    In The Past

    State Street Financial Select Sector SPDR ETF's stock fell -15.5% during the 2025 US Tariff Shock. Such a loss loss requires a 18.4% gain to breakeven.

    Preserve Wealth

    Limiting losses and compounding gains is essential to preserving wealth.

    Asset Allocation

    Actively managed asset allocation strategies protect wealth. Learn more.

    JCAP has limited trading history. Below is the Financials sector ETF (XLF) in its place.

    EventXLFS&P 500
    2022 Inflation Shock & Fed Tightening
      % Loss-22.3%-24.5%
      % Gain to Breakeven28.6%32.4%
      Time to Breakeven467 days427 days
    2020 COVID-19 Crash
      % Loss-42.8%-33.7%
      % Gain to Breakeven74.8%50.9%
      Time to Breakeven289 days140 days
    2015-2016 China Devaluation / Global Growth Scare
      % Loss-21.4%-12.2%
      % Gain to Breakeven27.3%13.9%
      Time to Breakeven272 days62 days
    2011 US Debt Ceiling Crisis & European Contagion
      % Loss-26.1%-17.9%
      % Gain to Breakeven35.3%21.8%
      Time to Breakeven162 days123 days
    2008-2009 Global Financial Crisis
      % Loss-78.3%-53.4%
      % Gain to Breakeven359.8%114.4%
      Time to Breakeven2329 days1085 days

    Compare to ECPG, PRAA, NAVI, SLM, OMF

    In The Past

    State Street Financial Select Sector SPDR ETF's stock fell -15.5% during the 2025 US Tariff Shock. Such a loss loss requires a 18.4% gain to breakeven.

    Preserve Wealth

    Limiting losses and compounding gains is essential to preserving wealth.

    Asset Allocation

    Actively managed asset allocation strategies protect wealth. Learn more.

    About Jefferson Capital (JCAP)

    Jernigan Capital, Inc. (JCAP) operates as an equity real estate investment trust (REIT) specializing in the self-storage sector. As a REIT, the company primarily invests in and owns real estate properties designed for self-storage. Its business model allows investors to participate in the ownership and operation of income-producing real estate without directly owning the properties themselves.

    The company's main offering involves developing, acquiring, and managing self-storage facilities throughout the United States. Essentially, Jernigan Capital provides rental units for individuals and businesses seeking secure and accessible storage space. Its primary customers include individuals needing to store personal belongings due to moving, downsizing, or decluttering, as well as businesses requiring space for inventory, equipment, or documents. The company serves the broad U.S. domestic market seeking flexible and convenient storage solutions.

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    • Self-storage unit rentals: Provides rentable storage spaces of various sizes for individuals and businesses to store their personal or commercial items.
    • Real estate investment in self-storage facilities: Acquires, develops, and manages self-storage properties as an equity real estate investment trust, generating revenue from rental income and property appreciation.

    AI Analysis | Feedback

    Based on the description provided for Jernigan Capital, Inc., which invests in and owns self-storage facilities, its major customers are the tenants who rent storage units. The company primarily sells its services to individuals and businesses requiring temporary or long-term storage solutions.

    The up to three main categories of customers are:

    1. Individuals and Households: This is the largest customer segment, comprising people who need storage for personal reasons. This includes individuals undergoing life transitions such as moving, downsizing, divorce, or dealing with an estate. Other common uses include decluttering, storing seasonal items (holiday decorations, sports equipment), or safeguarding belongings during home renovations or travel.

    2. Small and Medium-sized Businesses (SMBs): Businesses often utilize self-storage for various operational needs. This can include storing inventory (especially for e-commerce, retail, or contractors), archiving important documents and records, keeping tools and equipment secure, or holding excess supplies and merchandise. These businesses benefit from the flexibility and cost-effectiveness compared to traditional warehouse space.

    3. Students: College and university students frequently use self-storage units to store their belongings during summer breaks, study abroad programs, or when transitioning between dorms or apartments. This provides a convenient and often more affordable solution than transporting items long distances or leaving them in temporary housing.

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    Jefferson Capital (JCAP) operates primarily in the debt recovery solutions and consumer receivables market, purchasing portfolios of charged-off consumer receivables and providing debt servicing. The addressable markets for these services in the regions where the company operates are as follows:

    • United States: The market size for Debt Collection Agencies in the U.S. is estimated at $13.6 billion in 2025. The Debt Collection Services market in the United States is projected at $9.63 billion in 2025.
    • United Kingdom: The market size for Debt Collection Agencies in the UK is £2.0 billion (approximately $2.54 billion USD at current exchange rates) in 2025.
    • Canada: The Debt Collection Agencies market in Canada is valued at $955.7 million in 2026.
    • Latin America: The Debt Collection Services market in Latin America is estimated to be $1.53 billion in 2025.

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    Peer Comparisons

    Peers to compare with:

    Financials

    JCAPECPGPRAANAVISLMOMFMedian
    NameJefferso.Encore C.PRA Navient SLM OneMain  
    Mkt Price20.9197.8818.159.4927.4165.0324.16
    Mkt Cap1.22.10.70.95.27.51.6
    Rev LTM6351,9011,2596061,9615,1271,580
    Op Inc LTM201717275---275
    FCF LTM256125-13323-3253,232190
    FCF 3Y Avg-114-73461-3422,881114
    CFO LTM257151-8323-3253,232204
    CFO 3Y Avg-151-68461-3422,881151

    Growth & Margins

    JCAPECPGPRAANAVISLMOMFMedian
    NameJefferso.Encore C.PRA Navient SLM OneMain  
    Rev Chg LTM30.0%29.5%10.6%-27.1%11.5%7.7%11.0%
    Rev Chg 3Y Avg-17.7%12.9%-25.8%4.0%6.8%6.8%
    Rev Chg Q13.9%11.3%16.7%-2.6%-0.6%6.6%8.9%
    QoQ Delta Rev Chg LTM3.5%2.7%3.7%-0.7%-0.1%1.6%2.1%
    Op Inc Chg LTM14.3%93.3%27.7%---27.7%
    Op Inc Chg 3Y Avg-47.3%1,480.9%---764.1%
    Op Mgn LTM31.7%37.7%21.9%---31.7%
    Op Mgn 3Y Avg-28.9%13.8%---21.3%
    QoQ Delta Op Mgn LTM-3.4%0.9%1.8%---0.9%
    CFO/Rev LTM40.5%8.0%-0.6%53.3%-16.6%63.0%24.2%
    CFO/Rev 3Y Avg-10.1%-6.9%50.8%-18.3%60.5%10.1%
    FCF/Rev LTM40.3%6.6%-1.1%53.3%-16.6%63.0%23.4%
    FCF/Rev 3Y Avg-7.5%-7.3%50.8%-18.3%60.5%7.5%

    Valuation

    JCAPECPGPRAANAVISLMOMFMedian
    NameJefferso.Encore C.PRA Navient SLM OneMain  
    Mkt Cap1.22.10.70.95.27.51.6
    P/S1.81.10.61.52.61.51.5
    P/Op Inc5.82.92.5---2.9
    P/EBIT5.83.1-6.6---3.1
    P/E7.27.0-2.5-15.07.09.67.0
    P/CFO4.513.9-86.82.8-15.92.32.6
    Total Yield18.0%14.3%-40.3%0.2%16.2%17.1%15.3%
    Dividend Yield4.1%0.0%0.0%6.9%2.0%6.6%3.0%
    FCF Yield 3Y Avg-9.6%-10.5%35.8%-6.4%44.0%9.6%
    D/E1.22.05.549.51.13.02.5
    Net D/E1.21.95.148.80.02.92.4

    Returns

    JCAPECPGPRAANAVISLMOMFMedian
    NameJefferso.Encore C.PRA Navient SLM OneMain  
    1M Rtn15.0%8.6%0.7%13.7%9.3%9.1%9.2%
    3M Rtn3.9%19.0%-13.1%10.2%21.7%19.0%14.6%
    6M Rtn2.1%73.1%60.9%-1.4%3.2%8.4%5.8%
    12M Rtn29.1%161.5%16.1%-18.7%-12.1%21.8%19.0%
    3Y Rtn18.6%90.0%-17.3%-40.8%85.6%80.3%49.5%
    1M Excs Rtn14.1%8.8%0.6%14.4%11.6%10.6%11.1%
    3M Excs Rtn-0.6%11.5%-19.4%6.3%17.7%13.9%8.9%
    6M Excs Rtn-11.3%62.4%44.9%-13.8%-12.3%-5.2%-8.3%
    12M Excs Rtn6.0%144.7%-5.8%-41.4%-34.4%-0.1%-3.0%
    3Y Excs Rtn-49.8%16.6%-91.2%-110.1%12.7%14.1%-18.6%

    Comparison Analyses

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    Financials

    $ Mil | FY: 12/312026Q12025Q42025Q32025Q22025Q12024Q42024Q32024Q22024Q1
    Period End3/31/202612/31/20259/30/20256/30/20253/31/202512/31/20249/30/20246/30/20243/31/2024
    Filing Date5/14/20263/13/202611/14/20258/14/20256/27/20256/27/202511/14/20258/14/20256/27/2025
    Key Financials Quarterly         
    Total Revenue176155151153155119111104100
    Net Income383838486427373233
    EPS0.610.580.5918.611.100.460.630.550.56
    Key Financials TTM         
    Total Revenue TTM635613577537488433---
    Net Income TTM161188177176160129---
    Growth Rates Quarterly         
    Total Revenue Growth13.9%30.1%36.4%47.1%55.0%----
    Net Income Growth-41.4%40.0%4.0%48.1%95.2%----
    Margins Quarterly         
    Net Income Margin21.3%24.4%25.4%31.2%41.5%22.7%33.3%31.0%32.9%
    Cash & Debt         
    Total Cash262342522736---
    Total Debt1,4371,4091,1871,1861,2081,195000
    Net Debt / (Cash)1,4111,3861,1451,1351,1801,159---
    Cash Flows Quarterly         
    FCF from Operations40756379527784835
    Cash Flows TTM         
    FCF from Operations TTM257269271216184168---
    Returns to Shareholders Quarterly         
    Dividends016161616162000
    Share Repurchases59-0-0-0-0-0-0-0-0
    Return on Invested Capital (ROIC) Quarterly         
    ROIC10.7%10.9%13.3%16.5%20.7%10.4%---
    Return on Invested Capital (ROIC) TTM         
    ROIC TTM11.4%13.4%15.5%15.7%13.7%11.7%---

    Segment Financials

    Revenue by Segment
    $ Mil202520242023
    Single Segment613433323
    Total613433323


    Price Behavior

    Price Behavior
    Market Price$20.91 
    Market Cap ($ Bil)1.2 
    First Trading Date03/27/2015 
    Distance from 52W High-8.1% 
       50 Days200 Days
    DMA Price$16.90$16.77
    DMA Trendupindeterminate
    Distance from DMA23.7%24.7%
     3M1YR
    Volatility35.7%35.5%
    Downside Capture12.7372.90
    Upside Capture26.4585.16
    Correlation (SPY)2.0%30.3%
    JCAP Betas & Captures as of 7/31/2026

     1M2M3M6M1Y3Y
    Beta0.52-0.010.060.650.910.17
    Up Beta-2.23-0.20-0.030.431.060.17
    Down Beta-0.64-0.59-0.650.510.95-0.81
    Up Capture200%87%26%63%87%8%
    Bmk +ve Days11223567138427
    Stock +ve Days11233064128135
    Down Capture143%-27%45%91%85%54%
    Bmk -ve Days11212859114326
    Stock -ve Days11203361122136

    [1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
    Based On 1-Year Data
    Annualized
    Return    		Annualized
    Volatility    		Sharpe
    Ratio    		Correlation
    with JCAP
    JCAP28.5%35.4%0.76-
    Sector ETF (XLF)13.2%14.6%0.6334.0%
    Equity (SPY)23.5%12.9%1.3730.0%
    Gold (GLD)25.3%28.3%0.79-1.6%
    Commodities (DBC)32.4%19.8%1.30-16.5%
    Real Estate (VNQ)12.9%13.8%0.6426.2%
    Bitcoin (BTCUSD)-43.6%43.0%-1.2122.4%

    Smart multi-asset allocation framework can stack odds in your favor. Learn How
    Based On 5-Year Data
    Annualized
    Return    		Annualized
    Volatility    		Sharpe
    Ratio    		Correlation
    with JCAP
    JCAP3.5%35.3%0.49-
    Sector ETF (XLF)11.3%18.4%0.4734.0%
    Equity (SPY)13.2%17.2%0.5931.7%
    Gold (GLD)17.9%18.5%0.78-2.7%
    Commodities (DBC)8.0%19.6%0.31-15.9%
    Real Estate (VNQ)2.3%18.9%0.0224.0%
    Bitcoin (BTCUSD)10.0%53.0%0.3822.1%

    Smart multi-asset allocation framework can stack odds in your favor. Learn How
    Based On 10-Year Data
    Annualized
    Return    		Annualized
    Volatility    		Sharpe
    Ratio    		Correlation
    with JCAP
    JCAP1.7%35.3%0.49-
    Sector ETF (XLF)13.7%22.1%0.5734.0%
    Equity (SPY)15.3%17.9%0.7331.7%
    Gold (GLD)11.8%16.2%0.59-2.7%
    Commodities (DBC)7.4%18.0%0.33-15.9%
    Real Estate (VNQ)4.9%20.7%0.2024.0%
    Bitcoin (BTCUSD)58.3%66.2%0.9822.1%

    Smart multi-asset allocation framework can stack odds in your favor. Learn How

    Short Interest

    Short Interest: As Of Date7152026
    Short Interest: Shares Quantity1.1 Mil
    Short Interest: % Change Since 6302026-5.6%
    Average Daily Volume0.3 Mil
    Days-to-Cover Short Interest4.3 days
    Basic Shares Quantity55.6 Mil
    Short % of Basic Shares2.0%

    Earnings Returns History

    Updated 6/17/2026
    Expand for More
     Forward Returns
    Earnings Date1D Returns5D Returns21D Returns
    5/14/2026-4.4%-7.0%-11.5%
    3/12/2026-2.7%-0.5%-0.7%
    11/13/20256.6%-0.1%7.6%
    8/14/2025-1.3%-5.1%-4.7%
    SUMMARY STATS   
    # Positive101
    # Negative343
    Median Positive6.6% 7.6%
    Median Negative-2.7%-2.8%-4.7%
    Max Positive6.6% 7.6%
    Max Negative-4.4%-7.0%-11.5%
     Collapse to Preview
     Forward Returns
    Earnings Date1D Returns5D Returns21D Returns
    5/14/2026-4.4%-7.0%-11.5%
    3/12/2026-2.7%-0.5%-0.7%
    11/13/20256.6%-0.1%7.6%
    8/14/2025-1.3%-5.1%-4.7%
    SUMMARY STATS   
    # Positive101
    # Negative343
    Median Positive6.6% 7.6%
    Median Negative-2.7%-2.8%-4.7%
    Max Positive6.6% 7.6%
    Max Negative-4.4%-7.0%-11.5%

    SEC Filings

    Expand for More
    Report DateFiling DateFiling
    03/31/202605/14/202610-Q
    12/31/202503/13/202610-K
    09/30/202511/14/202510-Q
    06/30/202508/14/202510-Q
    03/31/202506/27/2025424B4
    12/31/202302/05/2025DRS/A
     Collapse to Preview
    Report DateFiling DateFiling
    03/31/202605/14/202610-Q
    12/31/202503/13/202610-K
    09/30/202511/14/202510-Q
    06/30/202508/14/202510-Q
    03/31/202506/27/2025424B4
    12/31/202302/05/2025DRS/A

    Recent Forward Guidance

    Updated 7/27/2026

    Latest: Q1 2026 Earnings Reported 5/14/2026

    Forward GuidanceGuidance Change
    MetricLowMidHigh% Chg% DeltaChangePrior
    2026 Committed Forward Flows 353.20 Mil 57.1% Higher NewActual: 224.80 Mil for 2026

    Prior: Q4 2025 Earnings Reported 3/12/2026

    Forward GuidanceGuidance Change
    MetricLowMidHigh% Chg% DeltaChangePrior
    2026 Deployments 224.80 Mil -17.6% LoweredGuidance: 272.80 Mil for 2026

    Q3 2025 Earnings Reported 11/13/2025

    Forward GuidanceGuidance Change
    MetricLowMidHigh% Chg% DeltaChangePrior
    2026 Deployments 272.80 Mil 24.7% RaisedGuidance: 218.80 Mil for 2026

    Insider Activity

    Updated 4/26/2026
    Expand for More
    #OwnerTitleHoldingActionFiling DatePriceSharesTransacted
    Value    		Value of
    Held Shares    		Form
    1Jcf, Iv Jcap Holding LP See FootnotesSell113202619.6311,000,000215,916,800642,289,825Form
    2J.c., Flowers IV LP See FootnotesSell701202515.008,708,911130,633,665202,392,840Form
    3Burton, David MSEE REMARKSDirectSell630202515.00424,2966,364,44056,662,500Form
     Collapse to Preview
    #OwnerTitleHoldingActionFiling DatePriceSharesTransacted
    Value    		Value of
    Held Shares    		Form
    1Jcf, Iv Jcap Holding LP See FootnotesSell113202619.6311,000,000215,916,800642,289,825Form
    2J.c., Flowers IV LP See FootnotesSell701202515.008,708,911130,633,665202,392,840Form
    3Burton, David MSEE REMARKSDirectSell630202515.00424,2966,364,44056,662,500Form

    Industry Resources

    External Quote Links


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    Core Cache Last Updated: 8/6/2026