The stock of JBG SMITH Properties (NYSE:JBGS) last traded at $13.90, down -2.66% from the previous session.
Data from the available sources indicates that JBG SMITH Properties (NYSE:JBGS) is covered by 3 analysts. The consensus rating among analysts is ‘Hold’. JBGS stock price is now -3.76% away from the 50-day moving average and -24.58% away from the 200-day moving average. The market capitalization of the company currently stands at $1.54B.
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In total, 3 analysts have assigned it a hold rating, and 0 have given it a buy rating.
In other news, Banerjee Madhumita Moina, Chief Financial Officer sold 41,751 shares of the company’s stock on Feb 23. The stock was sold for $757,363 at an average price of $18.14. Upon completion of the transaction, the Chief Financial Officer now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 09, Pres. & Chief Operating Off. Paul David Peter sold 562 shares of the business’s stock. A total of $11,201 was realized by selling the stock at an average price of $19.93. This leaves the insider owning 1,160 shares of the company worth $16124.0. Insiders disposed of 287,827 shares of company stock worth roughly $4.0 million over the past 1 year. A total of 0.10% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in JBGS stock. A new stake in JBG SMITH Properties shares was purchased by EXODUSPOINT CAPITAL MANAGEMENT, LP during the first quarter worth $3,184,000. PUBLIC SECTOR PENSION INVESTMENT BOARD invested $2,420,000 in shares of JBGS during the first quarter. In the first quarter, HOLOCENE ADVISORS, LP acquired a new stake in JBG SMITH Properties valued at approximately $1,991,000. SQUAREPOINT OPS LLC acquired a new stake in JBGS for approximately $1,537,000. QUANTINNO CAPITAL MANAGEMENT LP purchased a new stake in JBGS valued at around $1,043,000 in the second quarter. In total, there are 343 active investors with 97.10% ownership of the company’s stock.
With an opening price of $14.18 on Thursday morning, JBG SMITH Properties (NYSE: JBGS) set off the trading day. During the past 12 months, JBG SMITH Properties has had a low of $13.37 and a high of $26.95. According to the stock market information, the enterprise value for the company is $3.79B, which is based on a 16.28 price-to-earnings ratio, a 2.71 price-to-earnings-growth ratio, and a beta of 0.95. The fifty day moving average price for JBGS is $14.41 and a two-hundred day moving average price translates $18.38 for the stock.
The latest earnings results from JBG SMITH Properties (NYSE: JBGS) was released for Mar, 2023. According to the REIT – Office Company, earnings per share came in at $0.19, beating analysts’ expectations of -$0.18 by 0.37. This compares to $0.00 EPS in the same period last year. The net profit margin was 17.50% and return on equity was 3.80% for JBGS. The company reported revenue of $152.96 million for the quarter, compared to $161.97 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -5.56 percent. For the current quarter, analysts expect JBGS to generate $155.28M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 06/30/2023. Investors who held shares on 06/23/2023 were paid a $0.225 dividend. On an annualized basis, this represents a $0.90 dividend and a 6.47% percent yield. There was an ex-dividend date of 06/22/2023 for this dividend. In terms of dividend payout ratio, JBGS is presently at 105.40%.
JBG SMITH Properties(JBGS) Company Profile
JBG SMITH is an S&P 400 company that owns, operates, invests in and develops a dynamic portfolio of high-growth mixed-use properties in and around Washington, DC. Through an intense focus on placemaking, JBG SMITH cultivates vibrant, amenity-rich, walkable neighborhoods throughout the Capital region, including National Landing where it serves as the exclusive developer for Amazon’s new headquarters. JBG SMITH’s portfolio currently comprises 20.7 million square feet of high-growth office, multifamily and retail assets, 98% at our share of which are Metro-served. It also maintains a development pipeline encompassing 17.1 million square feet of mixed-use development opportunities.
