JBG SMITH Properties (NYSE:JBGS) Announces Earnings Results

JBG SMITH Properties (NYSE:JBGS) released its quarterly earnings data on Tuesday. The company reported $0.14 EPS for the quarter, topping the consensus estimate of ($0.38) by $0.52, Zacks reports. JBG SMITH Properties had a negative return on equity of 5.56% and a negative net margin of 20.60%.

JBG SMITH Properties Price Performance

JBGS traded down $0.21 during midday trading on Tuesday, hitting $14.98. 1,327,344 shares of the company traded hands, compared to its average volume of 538,273. The company has a market capitalization of $1.27 billion, a price-to-earnings ratio of -11.52 and a beta of 1.11. JBG SMITH Properties has a 52-week low of $13.65 and a 52-week high of $18.86. The business has a 50 day simple moving average of $15.36 and a two-hundred day simple moving average of $16.54. The company has a current ratio of 3.87, a quick ratio of 3.87 and a debt-to-equity ratio of 1.38.

JBG SMITH Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 14th. Stockholders of record on Monday, December 30th were paid a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a dividend yield of 4.67%. The ex-dividend date was Monday, December 30th. JBG SMITH Properties’s payout ratio is -53.85%.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets lowered shares of JBG SMITH Properties from a “market perform” rating to an “underperform” rating and dropped their price target for the company from $18.00 to $15.00 in a research report on Tuesday, December 3rd.

JBG SMITH Properties Company Profile

JBG SMITH Properties is a real estate investment trust, which engages in owning, operating, investing in, and developing a portfolio of mixed-use properties. It operates through the following segments: Multifamily, Commercial, and Other. The Multifamily segment refers to the commercial buildings with public areas, retail spaces, and walkable streets.