TII.V - Terra Firma Capital Corporation

TSXV - TSXV Delayed Price. Currency in CAD
5.50
-0.09 (-1.61%)
At close: 3:20PM EDT
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Previous Close5.59
Open5.59
Bid5.45 x N/A
Ask5.60 x N/A
Day's Range5.40 - 5.59
52 Week Range0.52 - 6.50
Volume1,770
Avg. Volume2,766
Market Cap30.607M
Beta (3Y Monthly)1.04
PE Ratio (TTM)20.68
EPS (TTM)0.27
Earnings DateAug. 23, 2019
Forward Dividend & Yield0.20 (3.58%)
Ex-Dividend Date2019-09-27
1y Target Est8.75
  • GlobeNewswire

    Terra Firma Capital Corporation Announces the Closing of a First Mortgage Loan Totaling US$24.4 Million in Austin, Texas

    Terra Firma Capital Corporation (TII.V) ("Terra Firma" or the “Company”), is pleased to announce the closing of a first mortgage loan (the “Loan”) totaling US$24.4 million secured by a 422 acre site to be developed into 1,555 lots in the Austin, Texas MSA. The Company partially funded US$12.5 million of the Loan on closing with available cash balances and funds from a large family office investor.  The remainder of the Loan will be funded in the future with syndicate investor capital based on the borrower meeting certain conditions.  With the closing of this transaction, Terra Firma has now originated approximately US$88.5 million of loans and investments year-to-date.

  • GlobeNewswire

    Terra Firma Capital Corporation Announces Common Share Consolidation

    Terra Firma Capital Corporation (TII.V) ("Terra Firma" or the “Company”), a real estate finance company, today announced that it is proceeding with its proposed consolidation (the “Consolidation”) of its share capital on the basis of ten (10) pre-consolidation common shares for one (1) post-consolidation common share. The Consolidation was previously approved by shareholders at a meeting held on June 17, 2019 and has been approved by the TSX Venture Exchange (the “TSXV”).

  • GlobeNewswire

    Terra Firma Capital Corporation Announces Second Quarter 2019 Financial Results

    30% GROWTH IN REVENUE YEAR OVER YEAR111% GROWTH IN ADJUSTED NET INCOME(1) YEAR OVER YEAR All amounts are stated in United States dollars TORONTO, Aug. 23, 2019 -- Terra Firma.

  • Is Now The Time To Look At Buying Terra Firma Capital Corporation (CVE:TII)?
    Simply Wall St.

    Is Now The Time To Look At Buying Terra Firma Capital Corporation (CVE:TII)?

    Terra Firma Capital Corporation (CVE:TII), operating in the financial services industry based in Canada, received a...

  • Do Directors Own Terra Firma Capital Corporation (CVE:TII) Shares?
    Simply Wall St.

    Do Directors Own Terra Firma Capital Corporation (CVE:TII) Shares?

    The big shareholder groups in Terra Firma Capital Corporation (CVE:TII) have power over the company. Institutions will...

  • Is Terra Firma Capital Corporation (CVE:TII) A Volatile Stock?
    Simply Wall St.

    Is Terra Firma Capital Corporation (CVE:TII) A Volatile Stock?

    If you own shares in Terra Firma Capital Corporation (CVE:TII) then it's worth thinking about how it contributes to...

  • GlobeNewswire

    Terra Firma Capital Corporation Announces Stock Options Grants

    Terra Firma Capital Corporation (TII.V) ("Terra Firma" or the “Company”), announced today that subject to regulatory approval and pursuant to the terms of its share option plan, it has granted options on June 12, 2019, to Mr. John Kaplan in recognition for his services to the Company as Executive Chairman of the Board, to purchase an aggregate of 200,000 common shares of the Company at a price of $0.56 per share. 100,000 options vested immediately and the remaining 100,000 options shall vest in equal instalments on a quarterly basis over a six-month period and shall expire in seven years from the date of grant. The Company also announced that under the terms of the employment agreement with Glenn Watchorn, its President and Chief Executive Officer, that subject to regulatory approval and pursuant to the terms of its share option plan, it has granted options to Mr. Watchorn to purchase an aggregate of 240,000 common shares of the Company at a price of $0.56 per share.

  • GlobeNewswire

    Terra Firma Capital Corporation to Initiate a Quarterly Dividend

    Terra Firma Capital Corporation (TII.V) ("Terra Firma" or the “Company”), is pleased to announce that given its cash generation profile and shareholder return objectives, the Company will be initiating a quarterly dividend program starting in the third quarter. The board of directors has declared the Company’s initial cash dividend of $0.005 per common share for the third quarter of 2019 (subject to adjustment in the event of any share consolidation which may occur prior to the payment thereof). “Over the last several years, Terra Firma has been successful in growing a high quality portfolio of cash flowing assets, and we continue to be very bullish about our growth prospects and robust pipeline of opportunities.  As such, we are transitioning to a more balanced approach to managing our cash earnings not only for future investments but also to pay out a yield to our shareholders.  This dividend will help to accomplish that objective,” commented Glenn Watchorn, President and Chief Executive Officer.  “2019 has started off on a strong footing and we expect to build on this foundation with sustainable earnings growth, greater visibility and liquidity for shareholders being at the center of our decisions,” he further commented.

  • GlobeNewswire

    Terra Firma Capital Corporation Announces the Closing of a Land Banking Transaction Totaling US$6 Million in Jacksonville, Florida

    Terra Firma Capital Corporation (TII.V) ("Terra Firma" or the “Company”), is pleased to announce the closing of a land banking transaction (the “Investment”) totaling US$6 million in the Jacksonville, Florida MSA.  The site will be developed by Mattamy Homes, a large international home building company founded in Toronto, Ontario Canada.  The infill site will ultimately be developed into 179 lots in two phases on 16 acres. The Investment was fully funded with available cash balances, and the Company intends to syndicate a large portion of the Investment in due course.   With the closing of this transaction, Terra Firma has now closed on approximately US$50 million of originations year-to-date, substantially all of which will fund in 2019.

  • GlobeNewswire

    Terra Firma Capital Corporation to Seek Approval for Consolidation

    Terra Firma Capital Corporation (TII.V) ("Terra Firma" or the “Company”), a real estate finance company, announced today that it will hold its annual and special meeting of shareholders on June 17, 2019 (the “Meeting”). At that meeting, among other things, shareholders will have the opportunity to consider, and if thought advisable, authorize and approve an amendment to the Company’s articles to consolidate the issued and outstanding common shares of the Company (“Common Shares”) on the basis of one (1) post-consolidation Common Share for up to ten (10) pre-consolidation Common Shares (such consolidation ratio to be determined by the board of directors of the Company) (the “Consolidation”).

  • Did Changing Sentiment Drive Terra Firma Capital's (CVE:TII) Share Price Down By 16%?
    Simply Wall St.

    Did Changing Sentiment Drive Terra Firma Capital's (CVE:TII) Share Price Down By 16%?

    Investors can approximate the average market return by buying an index fund. When you buy individual stocks, you can...

  • GlobeNewswire

    Terra Firma Capital Corporation Reports First Quarter 2019 Financial Results

    NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES 39% GROWTH IN QUARTERLY REVENUE YEAR-OVER-YEAR 24% GROWTH IN LOAN AND.

  • GlobeNewswire

    Terra Firma Capital Corporation Announces The Closing Of Two Land Banking Transactions Totaling US$24 Million (CDN$33 Million) In Austin, Texas

    Terra Firma Capital Corporation (TII.V) ("Terra Firma" or the “Company”), is pleased to announce the closing of two land banking transactions (the “Investments”) totaling US$24 million (CDN$33 million) in two separate locations in the Austin MSA.  Both sites will be developed by a local well known developer.  The combined projects will be developed into 253 lots on two 40 acre sites and are both surrounded by desirable established neighbourhoods in top ranked school districts. The Investments were partially funded with available cash balances. Terra Firma is a full service, publicly traded real estate finance company that provides real estate financings secured by investment properties and real estate developments throughout Canada and the United States.

  • GlobeNewswire

    Terra Firma Capital Corporation Announces the Expansion of Its U.S. Credit Facility With Texas Capital Bank to US$35 Million (CDN$47 Million)

    TORONTO, May 06, 2019 -- Terra Firma Capital Corporation (TSX-V: TII) ("Terra Firma" or the “Company”), is pleased to announce the expansion of its current debt facility with.

  • GlobeNewswire

    Terra Firma Capital Corporation Announces the Closing of two Transactions with Reichmann International Realty Advisors Totaling US$14 Million (CDN$18.8 Million)

    Terra Firma Capital Corporation (TII.V) ("Terra Firma" or the “Company”), is pleased to announce the closing of two preferred equity investments (the “Investments”) totaling US$14million (CDN$18.8 million) in two separate assisted living and memory care projects to be developed in two separate locations in Florida, Del Ray Beach and Royal Palm Beach.  The Company committed to invest US$7 million (CDN$9.4 million) into the Del Ray Beach project which will consist of 130 units for both assisted living and memory care. The Company also committed to invest US$7 million (CDN$9.4 million) into the Royal Palm Beach project which will consist of 104 units for both assisted living and memory care.

  • Is Terra Firma Capital Corporation's (CVE:TII) CEO Pay Justified?
    Simply Wall St.

    Is Terra Firma Capital Corporation's (CVE:TII) CEO Pay Justified?

    In 2016 Glenn Watchorn was appointed CEO of Terra Firma Capital Corporation (CVE:TII). This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. Then we...

  • GlobeNewswire

    Terra Firma Capital Corporation Reports Fourth Quarter & Full Year 2018 Financial Results

    42% GROWTH IN LOANS AND MORTGAGE INVESTMENTS YEAR OVER YEAR64% GROWTH IN LOAN AND MORTGAGE SYNDICATIONS YEAR OVER YEAR63% GROWTH IN QUARTERLY REVENUE YEAR OVER YEAR All.

  • GlobeNewswire

    Terra Firma Capital Corporation Provides Update on Urbancorp Matters

    TORONTO, March 27, 2019 -- Terra Firma Capital Corporation (TSX-V: TII) ("Terra Firma" or the “Company”), a real estate finance company, provides the following update on.

  • Are Insiders Selling Terra Firma Capital Corporation (CVE:TII) Stock?
    Simply Wall St.

    Are Insiders Selling Terra Firma Capital Corporation (CVE:TII) Stock?

    We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is that there are more than a few examplesRead More...

  • Should You Investigate Terra Firma Capital Corporation (CVE:TII) At CA$0.52?
    Simply Wall St.

    Should You Investigate Terra Firma Capital Corporation (CVE:TII) At CA$0.52?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Terra Firma Capital Corporation (CVE:TII), operating in Read More...

  • ACCESSWIRE

    Today's Research Reports on Agellan Commercial REIT, WPT Industrial REIT, Temple Hotels and Terra Firma Capital

    NEW YORK, NY / ACCESSWIRE / January 22, 2019 / The Market Wealth Report strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register ...

  • ACCESSWIRE

    Today's Research Reports on FirstService, Temple Hotels, Killam Apartment REIT and Terra Firma Capital

    NEW YORK, NY / ACCESSWIRE / December 11, 2018 / The Market Edge strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us ...

  • GlobeNewswire

    Terra Firma Capital Corporation Announces Renewal of Normal Course Issuer Bid

    Terra Firma Capital Corporation (TII.V) (“Terra Firma” or the “Company”), a real estate finance company, announced today approval by the TSX Venture Exchange (the “TSX-V”) of the Company’s renewal of its Normal Course Issuer Bid (“NCIB”) which terminated on November 6, 2018 (the “Prior NCIB”), the date on which the Corporation had purchased the maximum of 4,255,765 common shares permitted to be acquired pursuant to the Prior NCIB. Pursuant to the renewed NCIB, the Company proposes to purchase through the facilities of the TSX-V (or by other means as may be permitted by the TSX-V), from time to time over the next 12 months, if considered advisable, up to an aggregate of 4,186,319 common shares, being approximately 10% of the Company’s public float (as such term is defined under the TSX-V Corporate Finance Manual).

  • GlobeNewswire

    Terra Firma Capital Corporation Reports Financial Results for the Third Quarter Ended September 30, 2018 and Intention to Launch New Normal Course Issuer Bid

    74% Growth in Loans and Mortgage Investments Year Over Year95% Growth in Loan and Mortgage Syndications Year Over Year33% Growth in Quarterly Revenue Year Over Year  All.

  • Terra Firma Capital Corporation (CVE:TII): What Does Its Beta Value Mean For Your Portfolio?
    Simply Wall St.

    Terra Firma Capital Corporation (CVE:TII): What Does Its Beta Value Mean For Your Portfolio?

    If you’re interested in Terra Firma Capital Corporation (CVE:TII), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock Read More...