TII.V - Terra Firma Capital Corporation

TSXV - TSXV Delayed Price. Currency in CAD
4.5000
+0.2200 (+5.14%)
At close: 1:30PM EDT
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Previous Close4.2800
Open4.5000
Bid4.1500 x N/A
Ask4.6000 x N/A
Day's Range4.5000 - 4.5000
52 Week Range0.5200 - 6.5000
Volume1,000
Avg. Volume6,351
Market Cap25.042M
Beta (5Y Monthly)1.00
PE Ratio (TTM)8.33
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.20 (4.67%)
Ex-Dividend DateMar. 29, 2020
1y Target EstN/A
All
News
Press Releases
  • GlobeNewswire

    TERRA FIRMA CAPITAL CORPORATION ANNOUNCES STOCK OPTION GRANTS

    In accordance with TSX Venture Exchange ("TSXV") rules, the aforementioned 285,000 share options are subject to applicable TSXV acceptance. 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 in Canada and throughout the United States.

  • GlobeNewswire

    TERRA FIRMA CAPITAL CORPORATION REPORTS FOURTH QUARTER & FULL YEAR 2019 FINANCIAL RESULTS

    All amounts are stated in United States dollars unless otherwise indicated. Full Year 2019 Financial Highlights: Revenues increased by 23.9% to $16.7 millionTotal.

  • GlobeNewswire

    TERRA FIRMA CAPITAL DECLARES QUARTERLY DIVIDEND

    TORONTO, March 16, 2020 -- Terra Firma Capital Corporation (TSX-V: TII), a real estate finance company, today announced that its Board of Directors has declared a quarterly.

  • GlobeNewswire

    Terra Firma Capital Corporation Appoints Y. Dov Meyer as New Executive Chairman of the Board of Directors

    Mr. Meyer, currently Executive Vice Chairman and the former Chief Executive Officer of the Company, will be replacing Mr. John Kaplan, who has been Chairman since 2013. Mr Kaplan will also be stepping down from the Board of Directors.

  • GlobeNewswire

    Terra Firma Capital Corporation Expands Senior Management Team to Drive U.S. Growth Strategy and Announces Stock Options Grants

    Mr. Scheetz will be involved in strategic growth initiatives, capital raising, sourcing new investments and general business development throughout the United States and Canada. With deep industry contacts and a wealth of experience in U.S. and Canadian real estate development finance, investment, and asset management, Mr. Scheetz will complement Terra Firma’s existing senior management team as the Company continues to focus on its growth strategy.

  • GlobeNewswire

    Terra Firma Capital Corporation Announces the Closing of New Corporate Line of Credit for US$40 Million With Texas Capital Bank

    The LOC replaces the previous corporate credit facility the Company had with a Canadian financial institution which was fully repaid in Q4 2019. The LOC provides for an increase to US$50 million over time, subject to approval by Texas Capital.

  • GlobeNewswire

    Terra Firma Capital Reports Q3 2019 Financial Results

    24% GROWTH IN REVENUE YEAR OVER YEAR48% GROWTH IN ADJUSTED NET INCOME AND COMPREHENSIVE INCOME(1) YEAR OVER YEARCOMPANY DECLARES Q4 DIVIDENDS All amounts are stated in United.

  • 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.

  • 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”).

  • 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.