JBGS - JBG SMITH Properties Stock Price, Fair Value and News

15.29USD+0.14 (+0.92%)Market Closed

Market Summary

USD15.29+0.14

Market Closed

0.92%

JBGS Stock Price

View Fullscreen

JBGS RSI Chart

JBGS Valuation

Market Cap

1.4B

Price/Earnings (Trailing)

-17.57

Price/Sales (Trailing)

2.33

EV/EBITDA

5.47

Price/Free Cashflow

7.67

JBGS Price/Sales (Trailing)

JBGS Profitability

EBT Margin

-15.23%

Return on Equity

-3.6%

Return on Assets

-1.45%

Free Cashflow Yield

13.05%

JBGS Fundamentals

JBGS Revenue

Revenue (TTM)

604.2M

Rev. Growth (Yr)

-2.1%

Rev. Growth (Qtr)

-2.63%

JBGS Earnings

Earnings (TTM)

-80.0M

Earnings Growth (Yr)

-75.45%

Earnings Growth (Qtr)

43.81%

Breaking Down JBGS Revenue

Last 7 days

5.3%

Last 30 days

-5.0%

Last 90 days

-8.8%

Trailing 12 Months

11.9%

How does JBGS drawdown profile look like?

JBGS Financial Health

JBGS Investor Care

Dividend Yield

7.36%

Dividend/Share (TTM)

1.13

Buy Backs (1Y)

19.38%

Diluted EPS (TTM)

-0.8

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	596.8M	603.4M	607.4M	604.2M
2022	631.0M	621.9M	612.5M	605.8M
2021	609.9M	619.6M	625.6M	634.4M
2020	650.7M	635.0M	619.0M	602.7M
2019	636.3M	637.5M	646.1M	647.8M
2018	589.8M	631.2M	637.3M	644.2M
2017	478.0M	479.7M	508.7M	543.0M
2016	472.6M	474.6M	476.5M	478.5M
2015	0	0	0	470.6M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of JBG SMITH Properties

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 01, 2024	banerjee madhumita moina	sold	-287,317	17.00	-16,901	chief financial officer
Mar 01, 2024	stewart robert alexander	bought	506,100	16.87	30,000	-
Feb 22, 2024	banerjee madhumita moina	gifted	-	-	-2,000	chief financial officer
Feb 15, 2024	banerjee madhumita moina	acquired	-	-	18,901	chief financial officer
Dec 14, 2023	valdes angela	sold	-35,700	17.85	-2,000	chief accounting officer
Dec 13, 2023	museles steven a	sold	-164,900	16.49	-10,000	chief legal off. & corp. secy
Dec 13, 2023	reynolds kevin	sold	-260,320	16.27	-16,000	chief development officer
Jun 15, 2023	valdes angela	acquired	-	-	10,493	chief accounting officer
Feb 23, 2023	banerjee madhumita moina	sold	-757,363	18.14	-41,751	chief financial officer
Feb 15, 2023	museles steven a	acquired	-	-	10,000	chief legal off. & corp. secy

Which funds bought or sold JBGS recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	Louisiana State Employees Retirement System	reduced	-1.15	-49,881	691,755	0.01%
Apr 23, 2024	FIFTH THIRD BANCORP	unchanged	-	-133	2,231	-%
Apr 23, 2024	BFSG, LLC	unchanged	-	-11,091	185,426	0.02%
Apr 23, 2024	Global Retirement Partners, LLC	unchanged	-	-28.00	498	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-18.31	-134,000	453,000	-%
Apr 23, 2024	Venturi Wealth Management, LLC	new	-	2,296	2,296	-%
Apr 22, 2024	MetLife Investment Management, LLC	reduced	-10.09	49,279	903,894	0.01%
Apr 19, 2024	State of Alaska, Department of Revenue	reduced	-3.76	-160,000	1,562,000	0.02%
Apr 19, 2024	ZRC WEALTH MANAGEMENT, LLC	reduced	-8.7	143	10,786	-%
Apr 19, 2024	Maryland State Retirement & Pension System	unchanged	-	-78,020	460,364	0.01%

Are Funds Buying or Selling JBGS?

Are funds buying JBGS calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own JBGS

No. of Funds

Unveiling JBG SMITH Properties's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	t. rowe price investment management, inc.	0.0%	0	SC 13G/A
Feb 13, 2024	long pond capital, lp	7.3%	7,028,426	SC 13G/A
Feb 13, 2024	norges bank	6.30%	6,027,930	SC 13G/A
Feb 13, 2024	vanguard group inc	15.96%	15,269,196	SC 13G/A
Feb 08, 2024	morgan stanley	6.8%	6,508,972	SC 13G
Jan 30, 2024	state street corp	6.62%	6,332,466	SC 13G/A
Jan 19, 2024	blackrock inc.	19.0%	18,192,553	SC 13G/A
May 05, 2023	jpmorgan chase & co	1.4%	1,655,659	SC 13G/A
May 05, 2023	blackrock inc.	16.4%	18,834,960	SC 13G/A
Feb 14, 2023	t. rowe price investment management, inc.	5.0%	5,714,605	SC 13G

Recent SEC filings of JBG SMITH Properties

View All Filings

Date Filed	Form Type	Document
Mar 13, 2024	ARS	ARS
Mar 13, 2024	DEF 14A	DEF 14A
Mar 13, 2024	DEFA14A	DEFA14A
Mar 04, 2024	4	Insider Trading
Mar 04, 2024	4	Insider Trading
Mar 01, 2024	144	Notice of Insider Sale Intent
Feb 26, 2024	4	Insider Trading
Feb 23, 2024	3	Insider Trading
Feb 23, 2024	3	Insider Trading
Feb 20, 2024	10-K	Annual Report

Peers (Alternatives to JBG SMITH Properties)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AMT	80.8B	11.1B	-11.38%	-14.09%	59.12	7.25	4.04%	-19.43%
CCI	41.4B	7.0B	-7.81%	-21.93%	27.6	5.94	-0.07%	-10.36%
AVB	27.2B	2.8B	5.15%	11.54%	29.27	9.82	6.73%	-18.30%
ARE	19.9B	3.0B	-5.40%	-0.75%	103.23	6.73	10.44%	-74.28%
AMH	12.9B	1.6B	-1.30%	9.45%	29.79	8.01	7.80%	39.39%
REG	11.0B	1.3B	0.86%	-1.00%	30.18	8.32	8.04%	-24.50%
BXP	9.9B	3.3B	0.05%	25.09%	51.93	3.02	5.31%	-77.32%
MID-CAP
FRT	8.6B	1.1B	4.65%	8.11%	36.29	7.6	5.38%	-38.52%
SLG	3.4B	899.4M	-0.78%	134.94%	-5.99	3.76	-0.45%	-623.11%
MAC	3.4B	884.1M	-6.34%	63.53%	-12.31	3.82	2.90%	-314.82%
SMALL-CAP
AAT	1.3B	441.2M	-0.23%	22.43%	20.04	2.94	4.38%	15.77%
AIV	1.2B	198.2M	0.25%	4.56%	-7.39	5.71	-43.33%	-270.70%
MFA	1.1B	605.6M	-7.69%	5.53%	13.61	1.8	25.53%	134.62%
NYMT	647.8M	258.7M	1.57%	-29.28%	-13.31	2.5	0.11%	83.70%
IVR	417.7M	277.9M	-8.88%	-15.98%	-26.34	1.5	44.33%	96.06%

JBG SMITH Properties News

Latest updates

JBG SMITH Properties Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In null)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-2.6%	148	152	152	153	151	148	146	162	157	157	155	165	149	151	145	158	165	167	161	155	163
Costs and Expenses	3.0%	141	137	140	147	148	137	142	163	162	159	156	168	167	159	157	158	170	152	149	155	-
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	170	152	149	155	183
EBITDA Margin	-4.9%	0.38*	0.39*	0.45*	0.70*	0.64*	0.56*	0.60*	0.37*	0.34*	0.38*	0.34*	0.27*	-	-	-	-	-	-	-	-	-
Interest Expenses	0.6%	28.00	28.00	26.00	27.00	26.00	18.00	16.00	16.00	18.00	17.00	17.00	16.00	18.00	17.00	16.00	12.00	12.00	11.00	13.00	17.00	18.00
Income Taxes	-1357.1%	-0.97	0.00	1.00	-0.02	-1.34	0.00	3.00	-0.47	-0.99	0.00	0.00	4.00	-0.54	-0.49	-0.89	-2.35	-0.61	0.00	0.00	-1.17	1.00
Earnings Before Taxes	41.5%	-38.63	-66.02	-11.64	24.00	-22.19	-21.41	144	-0.55	-64.32	1.00	-3.32	-19.75	-50.71	-25.49	-41.15	46.00	38.00	11.00	-3.28	27.00	2.00
EBT Margin	-22.4%	-0.15*	-0.12*	-0.05*	0.21*	0.17*	0.09*	0.13*	-0.11*	-0.14*	-0.12*	-0.16*	-0.22*	-	-	-	-	-	-	-	-	-
Net Income	43.8%	-32.60	-58.01	-10.54	21.00	-18.58	-19.29	123	-0.03	-56.45	1.00	-2.97	-20.73	-45.65	-22.79	-36.78	43.00	34.00	9.00	-3.04	25.00	1.00
Net Income Margin	-21.9%	-0.13*	-0.11*	-0.05*	0.18*	0.14*	0.08*	0.11*	-0.09*	-0.12*	-0.11*	-0.15*	-0.21*	-	-	-	-	-	-	-	-	-
Free Cashflow	168.9%	68.00	25.00	47.00	43.00	48.00	23.00	38.00	70.00	63.00	31.00	57.00	67.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-2.6%	5,519	5,666	5,784	5,835	5,903	5,896	5,580	6,316	6,386	6,009	6,008	6,019	6,080	6,277	6,496	6,140	5,986	6,022	6,007	6,025	5,997
Cash Equivalents	26.2%	165	131	157	280	241	259	162	189	264	194	201	209	263	455	711	295	143	230	280	396	400
Liabilities	0.3%	2,826	2,817	2,737	2,638	2,708	2,618	2,235	2,895	2,925	2,378	2,290	2,290	2,343	2,416	2,556	2,146	1,987	2,021	1,990	2,443	2,452
Shareholder's Equity	-6.3%	2,223	2,373	2,591	2,739	2,682	2,787	2,823	2,875	2,938	3,104	3,173	3,177	3,206	3,370	3,441	3,491	3,387	3,414	3,443	2,997	2,987
Retained Earnings	-7.5%	-776	-722	-641	-607	-628	-558	-513	-609	-609	-495	-466	-433	-412	-307	-255	-188	-231	-205	-184	-151	-176
Additional Paid-In Capital	-2.1%	2,979	3,043	3,157	3,282	3,264	3,266	3,286	3,445	3,540	3,606	3,650	3,631	3,658	3,721	3,742	3,724	3,633	3,643	3,645	3,150	3,155
Shares Outstanding	-3.5%	94.00	98.00	105	114	114	114	121	127	131	131	132	132	-	-	-	-	-	-	-	-	-
Minority Interest	-10.2%	29.00	32.00	32.00	31.00	32.00	32.00	32.00	28.00	23.00	16.00	17.00	9.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Float	-	-	-	1,600	-	-	-	2,700	-	-	-	4,100	-	-	-	3,800	-	-	-	5,100	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	168.9%	68.00	25.00	47.00	43.00	48.00	23.00	38.00	70.00	63.00	31.00	57.00	67.00	41.00	42.00	44.00	42.00	61.00	60.00	35.00	18.00	52.00
Share Based Compensation	-21.7%	5.00	6.00	10.00	10.00	9.00	7.00	12.00	13.00	13.00	11.00	14.00	13.00	13.00	15.00	21.00	17.00	18.00	15.00	16.00	17.00	13.00
Cashflow From Investing	104.4%	25.00	12.00	-108	-26.67	-150	-110	818	-32.95	-271	-26.31	-40.93	-29.51	-109	-91.04	-10.57	44.00	-95.23	-76.73	-112	44.00	-22.55
Cashflow From Financing	13.8%	-61.88	-71.79	-57.02	32.00	-95.09	185	-700	-119	282	-14.07	-25.98	-51.78	-160	-189	384	86.00	-67.32	-36.18	-38.66	-48.17	-9.65
Dividend Payments	-6.6%	22.00	23.00	24.00	26.00	26.00	26.00	28.00	29.00	29.00	30.00	30.00	30.00	30.00	30.00	30.00	30.00	30.00	30.00	30.00	39.00	27.00
Buy Backs	-50.3%	60.00	121	136	20.00	1.00	54.00	214	91.00	75.00	69.00	-	19.00	28.00	38.00	0.00	41.00	-	-	-	-	-

JBGS Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
REVENUE
Property rental	$ 483,159	$ 491,738	$ 499,586
Third-party real estate services, including reimbursements	92,051	89,022	114,003
Other revenue	28,988	25,064	20,773
Total revenue	604,198	605,824	634,362
EXPENSES
Depreciation and amortization	210,195	213,771	236,303
Property operating	144,049	150,004	150,638
Real estate taxes	57,668	62,167	70,823
General and administrative:
Corporate and other	54,838	58,280	53,819
Third-party real estate services	88,948	94,529	107,159
Share-based compensation related to Formation Transaction and special equity awards	549	5,391	16,325
Transaction and other costs	8,737	5,511	10,429
Total expenses	564,984	589,653	645,496
OTHER INCOME (EXPENSE)
Loss from unconsolidated real estate ventures, net	(26,999)	(17,429)	(2,070)
Interest and other income, net	15,781	18,617	8,835
Interest expense	(108,660)	(75,930)	(67,961)
Gain on the sale of real estate, net	79,335	161,894	11,290
Loss on the extinguishment of debt	(450)	(3,073)
Impairment loss	(90,226)		(25,144)
Total other income (expense)	(131,219)	84,079	(75,050)
INCOME (LOSS) BEFORE INCOME TAX (EXPENSE) BENEFIT	(92,005)	100,250	(86,184)
Income tax (expense) benefit	296	(1,264)	(3,541)
NET INCOME (LOSS)	(91,709)	98,986	(89,725)
Net (income) loss attributable to redeemable noncontrolling interests	10,596	(13,244)	8,728
Net (income) loss attributable to noncontrolling interests	1,135	(371)	1,740
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS	$ (79,978)	$ 85,371	$ (79,257)
EARNINGS (LOSS) PER COMMON SHARE:
EARNINGS (LOSS) PER COMMON SHARE - BASIC	$ (0.78)	$ 0.70	$ (0.63)
EARNINGS (LOSS) PER COMMON SHARE - DILUTED	$ (0.78)	$ 0.70	$ (0.63)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC	105,095	119,005	130,839
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - DILUTED	105,095	119,005	130,839

JBGS Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Real estate, at cost:
Land and improvements	$ 1,194,737	$ 1,302,569
Buildings and improvements	4,021,322	4,310,821
Construction in progress, including land	659,103	544,692
Real estate, at cost	5,875,162	6,158,082
Less: accumulated depreciation	(1,338,403)	(1,335,000)
Real estate, net	4,536,759	4,823,082
Cash and cash equivalents	164,773	241,098
Restricted cash	35,668	32,975
Tenant and other receivables	44,231	56,304
Deferred rent receivable	171,229	170,824
Investments in unconsolidated real estate ventures	264,281	299,881
Deferred leasing costs, net	81,477	94,069
Intangible assets, net	56,616	68,177
Other assets, net	163,481	117,028
TOTAL ASSETS	5,518,515	5,903,438
Liabilities:
Mortgage loans, net	1,783,014	1,890,174
Revolving credit facility	62,000
Term loans, net	717,172	547,072
Accounts payable and accrued expenses	124,874	138,060
Other liabilities, net	138,869	132,710
Total liabilities	2,825,929	2,708,016
Commitments and contingencies
Redeemable noncontrolling interests	440,737	481,310
Shareholders' equity:
Preferred shares, $0.01 par value - 200,000 shares authorized; none issued
Common shares, $0.01 par value - 500,000 shares authorized; 94,309 and 114,013 shares issued and outstanding as of December 31, 2023 and 2022	944	1,141
Additional paid-in capital	2,978,852	3,263,738
Accumulated deficit	(776,962)	(628,636)
Accumulated other comprehensive income	20,042	45,644
Total shareholders' equity of JBG SMITH Properties	2,222,876	2,681,887
Noncontrolling interests	28,973	32,225
Total equity	2,251,849	2,714,112
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY	$ 5,518,515	$ 5,903,438

About JBG SMITH Properties

JBG SMITH owns, operates, invests in, and develops mixed-use properties in high growth and high barrier-to-entry submarkets in and around Washington, DC. Through an intense focus on placemaking, JBG SMITH cultivates vibrant, amenity-rich, walkable neighborhoods throughout the Washington, DC metropolitan area. Approximately two-thirds of JBG SMITH's holdings are in the National Landing submarket in Northern Virginia, which is anchored by four key demand drivers: Amazon's new headquarters; Virginia Tech's under-construction $1 billion Innovation Campus; the submarket's proximity to the Pentagon; and JBG SMITH's deployment of next-generation public and private 5G digital infrastructure. JBG SMITH's dynamic portfolio currently comprises 15.0 million square feet of high-growth office, multifamily, and retail assets at share, 98% of which are Metro-served. It also maintains a development pipeline encompassing 9.8 million square feet of mixed-use, primarily multifamily, development opportunities. JBG SMITH is committed to the operation and development of green, smart, and healthy buildings and plans to maintain carbon neutral operations annually.

CEO	Mr. W. Matthew Kelly
WEBSITE	jbgsmith.com
INDUSTRY	REIT Mortgage
EMPLOYEES	912

JBG SMITH Properties Frequently Asked Questions

What is the ticker symbol for JBG SMITH Properties? What does JBGS stand for in stocks?

JBGS is the stock ticker symbol of JBG SMITH Properties. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of JBG SMITH Properties (JBGS)?

As of Wed Apr 24 2024, market cap of JBG SMITH Properties is 1.41 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of JBGS stock?

You can check JBGS's fair value in chart for subscribers.

What is the fair value of JBGS stock?

You can check JBGS's fair value in chart for subscribers. The fair value of JBG SMITH Properties is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of JBG SMITH Properties is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for JBGS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is JBG SMITH Properties a good stock to buy?

The fair value guage provides a quick view whether JBGS is over valued or under valued. Whether JBG SMITH Properties is cheap or expensive depends on the assumptions which impact JBG SMITH Properties's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for JBGS.

What is JBG SMITH Properties's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, JBGS's PE ratio (Price to Earnings) is -17.57 and Price to Sales (PS) ratio is 2.33. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. JBGS PE ratio will change depending on the future growth rate expectations of investors.