View ValuationJBG SMITH Properties 将来の成長Future 基準チェック /06 JBG SMITH Propertiesの収益は年間2.8%減少すると予測されています。主要情報n/a収益成長率n/aEPS成長率Office REITs 収益成長-2.3%収益成長率-2.8%将来の株主資本利益率n/aアナリストカバレッジLow最終更新日21 Jun 2026今後の成長に関する最新情報Price Target Changed • Mar 30Price target decreased by 14% to US$15.00Down from US$17.50, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of US$14.71. Stock is down 8.7% over the past year. The company posted a net loss per share of US$2.09 last year.Price Target Changed • Feb 20Price target decreased by 8.1% to US$17.00Down from US$18.50, the current price target is an average from 2 analysts. New target price is 8.3% above last closing price of US$15.69. Stock is up 5.2% over the past year. The company posted a net loss per share of US$2.09 last year.Price Target Changed • Sep 29Price target increased by 11% to US$19.50Up from US$17.50, the current price target is an average from 2 analysts. New target price is 10.0% below last closing price of US$21.66. Stock is up 24% over the past year. The company posted a net loss per share of US$1.65 last year.Price Target Changed • Dec 03Price target decreased by 11% to US$15.50Down from US$17.50, the current price target is an average from 2 analysts. New target price is 5.5% below last closing price of US$16.41. Stock is up 10% over the past year. The company is forecast to post a net loss per share of US$1.31 next year compared to a net loss per share of US$0.78 last year.Major Estimate Revision • Aug 07Consensus EPS estimates upgraded to US$1.35 loss, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from US$469.1m to US$455.9m. 2024 losses expected to reduce from -US$1.51 to -US$1.35 per share. Office REITs industry in the US expected to see average net income growth of 13% next year. Consensus price target up from US$16.00 to US$16.50. Share price was steady at US$16.48 over the past week.Price Target Changed • May 19Price target decreased by 7.9% to US$17.50Down from US$19.00, the current price target is an average from 2 analysts. New target price is 16% above last closing price of US$15.11. Stock is down 39% over the past year. The company posted earnings per share of US$0.70 last year.すべての更新を表示Recent updatesRecent Insider Transactions • Jun 10Insider recently sold US$300k worth of stockOn the 8th of June, Steven Museles sold around 20k shares on-market at roughly US$15.01 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$2.5m more than they bought in the last 12 months.Recent Insider Transactions Derivative • Jun 09Insider notifies of intention to sell stockSteven Museles intends to sell 20k shares in the next 90 days after lodging an Intent To Sell Form on the 8th of June. If the sale is conducted around the recent share price of US$15.01, it would amount to US$300k. Steven now holds 20.01k shares directly in their own name. Company insiders have collectively sold US$2.4m more than they bought, via options and on-market transactions in the last 12 months.Reported Earnings • May 07First quarter 2026 earnings released: US$0.32 loss per share (vs US$0.56 loss in 1Q 2025)First quarter 2026 results: US$0.32 loss per share (improved from US$0.56 loss in 1Q 2025). Revenue: US$127.6m (up 6.3% from 1Q 2025). Net loss: US$18.7m (loss narrowed 59% from 1Q 2025). Revenue is expected to decline by 8.0% p.a. on average during the next 2 years, while revenues in the Office REITs industry in the US are expected to grow by 2.6%. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Declared Dividend • May 04Fourth quarter dividend of US$0.17 announcedDividend of US$0.17 is the same as last year. Ex-date: 14th May 2026 Payment date: 28th May 2026 Dividend yield will be 4.8%, which is lower than the industry average of 5.5%.お知らせ • May 02JBG SMITH Properties announces Quarterly dividend, payable on May 28, 2026JBG SMITH Properties announced Quarterly dividend of USD 0.1750 per share payable on May 28, 2026, ex-date on May 14, 2026 and record date on May 14, 2026.お知らせ • Apr 15JBG SMITH Properties to Report Q1, 2026 Results on May 05, 2026JBG SMITH Properties announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on May 05, 2026Buy Or Sell Opportunity • Apr 07Now 22% overvaluedOver the last 90 days, the stock has fallen 14% to US$14.52. The fair value is estimated to be US$11.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.6% over the last 3 years. Meanwhile, the company became loss making.New Risk • Apr 04New major risk - Revenue and earnings growthEarnings have declined by 24% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 24% per year over the past 5 years. Minor Risk Dividend is not well covered by earnings (dividend per share is over 7x earnings per share).Price Target Changed • Mar 30Price target decreased by 14% to US$15.00Down from US$17.50, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of US$14.71. Stock is down 8.7% over the past year. The company posted a net loss per share of US$2.09 last year.お知らせ • Mar 19JBG SMITH Properties, Annual General Meeting, Apr 30, 2026JBG SMITH Properties, Annual General Meeting, Apr 30, 2026.Price Target Changed • Feb 20Price target decreased by 8.1% to US$17.00Down from US$18.50, the current price target is an average from 2 analysts. New target price is 8.3% above last closing price of US$15.69. Stock is up 5.2% over the past year. The company posted a net loss per share of US$2.09 last year.Reported Earnings • Feb 18Full year 2025 earnings released: US$2.06 loss per share (vs US$1.65 loss in FY 2024)Full year 2025 results: US$2.06 loss per share. Revenue: US$498.6m (down 8.8% from FY 2024). Net loss: US$139.1m (loss narrowed 4.7% from FY 2024). Revenue is expected to decline by 6.4% p.a. on average during the next 2 years, while revenues in the Office REITs industry in the US are expected to grow by 2.0%.お知らせ • Jan 21JBG SMITH Properties to Report Q4, 2025 Results on Feb 17, 2026JBG SMITH Properties announced that they will report Q4, 2025 results After-Market on Feb 17, 2026Declared Dividend • Dec 19Third quarter dividend of US$0.17 announcedDividend of US$0.17 is the same as last year. Ex-date: 30th December 2025 Payment date: 13th January 2026 Dividend yield will be 4.1%, which is lower than the industry average of 5.5%.お知らせ • Dec 17Jbg Smith Declares A Quarterly Common Dividend, Payable on January 13, 2026JBG SMITH announced that its Board of Trustees has declared a quarterly dividend of $0.175 per common share. The dividend will be paid on January 13, 2026 to common shareholders of record as of December 30, 2025.New Risk • Nov 17New major risk - Revenue and earnings growthEarnings have declined by 26% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 26% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (212% payout ratio). Significant insider selling over the past 3 months (US$1.8m sold).Recent Insider Transactions • Nov 02Insider recently sold US$609k worth of stockOn the 31st of October, Steven Museles sold around 31k shares on-market at roughly US$19.50 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$2.0m more than they bought in the last 12 months.Recent Insider Transactions Derivative • Oct 31Insider notifies of intention to sell stockSteven Museles intends to sell 15k shares in the next 90 days after lodging an Intent To Sell Form on the 30th of October. If the sale is conducted around the recent share price of US$19.41, it would amount to US$291k. Since March 2025, Steven's direct individual holding has increased from 5.88k shares to 31.26k. Company insiders have collectively sold US$1.7m more than they bought, via options and on-market transactions in the last 12 months.Reported Earnings • Oct 29Third quarter 2025 earnings released: US$0.47 loss per share (vs US$0.32 loss in 3Q 2024)Third quarter 2025 results: US$0.47 loss per share (further deteriorated from US$0.32 loss in 3Q 2024). Revenue: US$123.9m (down 8.4% from 3Q 2024). Net loss: US$28.6m (loss widened 4.1% from 3Q 2024). Revenue is expected to decline by 4.4% p.a. on average during the next 2 years, while revenues in the Office REITs industry in the US are expected to grow by 2.3%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.Declared Dividend • Oct 27Second quarter dividend of US$0.17 announcedDividend of US$0.17 is the same as last year. Ex-date: 6th November 2025 Payment date: 20th November 2025 Dividend yield will be 3.3%, which is lower than the industry average of 5.5%.お知らせ • Oct 24JBG SMITH Declares Quarterly Common Dividend, Payable on November 20, 2025JBG SMITH announced that its Board of Trustees has declared a quarterly dividend of $0.175 per common share. The dividend will be paid on November 20, 2025 to common shareholders of record as of November 6, 2025.お知らせ • Oct 08JBG SMITH Properties to Report Q3, 2025 Results on Oct 28, 2025JBG SMITH Properties announced that they will report Q3, 2025 results After-Market on Oct 28, 2025Price Target Changed • Sep 29Price target increased by 11% to US$19.50Up from US$17.50, the current price target is an average from 2 analysts. New target price is 10.0% below last closing price of US$21.66. Stock is up 24% over the past year. The company posted a net loss per share of US$1.65 last year.Seeking Alpha • Sep 16JBG SMITH: The Easy Money Has Been Made (Rating Downgrade)Summary JBG SMITH Properties has outperformed the S&P 500, driven by aggressive share repurchases and improving sentiment toward office REITs. JBGS has cut shares outstanding by 33% since my prior piece, but the stock now trades at a much higher valuation multiple. With JBGS trading at 28x FY 2026 FFO, continued buybacks are less compelling and may slow, potentially impacting stock momentum. JBGS shares are now trading at a significant premium to peers, up from a modest premium previously. Given the less attractive risk/reward profile, I am downgrading JBGS to Hold. Read the full article on Seeking AlphaNew Risk • Sep 08New major risk - Revenue and earnings growthEarnings have declined by 28% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 28% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (166% payout ratio). Significant insider selling over the past 3 months (US$941k sold).Recent Insider Transactions • Aug 21Chief Financial Officer recently sold US$505k worth of stockOn the 19th of August, Moina Banerjee sold around 25k shares on-market at roughly US$20.58 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Moina's only on-market trade for the last 12 months.Recent Insider Transactions • Aug 03Insider recently sold US$217k worth of stockOn the 31st of July, Angela Valdes sold around 10k shares on-market at roughly US$21.53 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.2m more than they bought in the last 12 months.Reported Earnings • Jul 30Second quarter 2025 earnings released: US$0.28 loss per share (vs US$0.27 loss in 2Q 2024)Second quarter 2025 results: US$0.28 loss per share. Revenue: US$126.5m (down 6.4% from 2Q 2024). Net loss: US$19.2m (loss narrowed 23% from 2Q 2024). Revenue is expected to decline by 9.0% p.a. on average during the next 2 years, while revenues in the Office REITs industry in the US are expected to grow by 2.5%.Declared Dividend • Jul 28First quarter dividend of US$0.17 announcedDividend of US$0.17 is the same as last year. Ex-date: 7th August 2025 Payment date: 21st August 2025 Dividend yield will be 3.6%, which is lower than the industry average of 5.5%.お知らせ • Jul 25JBG SMITH Declares Quarterly Common Dividend, Payable on August 21, 2025JBG SMITH announced that its Board of Trustees has declared a quarterly dividend of $0.175 per common share. The dividend will be paid on August 21, 2025 to common shareholders of record as of August 7, 2025.お知らせ • Jul 16The Peterson Companies, LLC acquired The Batley from JBG SMITH Properties (NYSE:JBGS) for approximately $160 million.The Peterson Companies, LLC acquired The Batley from JBG SMITH Properties (NYSE:JBGS) for approximately $160 million on July 15, 2025. A cash consideration of $155 million will be paid by The Peterson Companies, LLC. As part of consideration, $155 million is paid towards assets of The Batley. The deal involved a loan of $84.2 million, and the lender was another Peterson Companies affiliate. The Peterson Companies, LLC completed the acquisition of The Batley from JBG SMITH Properties (NYSE:JBGS) on July 15, 2025.New Risk • Jul 14New major risk - Revenue and earnings growthEarnings have declined by 31% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 31% per year over the past 5 years. Minor Risk Dividend is not well covered by earnings (157% payout ratio).お知らせ • Jul 09JBG SMITH Properties to Report Q2, 2025 Results on Jul 29, 2025JBG SMITH Properties announced that they will report Q2, 2025 results After-Market on Jul 29, 2025Reported Earnings • Apr 30First quarter 2025 earnings released: US$0.073 FFO loss per share (vs US$0.11 profit in 1Q 2024)First quarter 2025 results: US$0.073 FFO loss per share (down from US$0.11 profit in 1Q 2024). Revenue: US$120.7m (down 17% from 1Q 2024). Funds from operations (FFO) loss: US$6.23m (down 158% from profit in 1Q 2024). Revenue is expected to decline by 7.3% p.a. on average during the next 2 years, while revenues in the Office REITs industry in the US are expected to grow by 2.6%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.Declared Dividend • Apr 28Fourth quarter dividend of US$0.17 announcedDividend of US$0.17 is the same as last year. Ex-date: 8th May 2025 Payment date: 22nd May 2025 Dividend yield will be 4.8%, which is lower than the industry average of 5.5%.お知らせ • Apr 25JBG SMITH Declares Quarterly Common Dividend, Payable on May 22, 2025JBG SMITH announced that its Board of Trustees has declared a quarterly dividend of $0.175 per common share. The dividend will be paid on May 22, 2025 to common shareholders of record as of May 8, 2025.お知らせ • Apr 09JBG SMITH Properties to Report Q1, 2025 Results on Apr 29, 2025JBG SMITH Properties announced that they will report Q1, 2025 results After-Market on Apr 29, 2025Seeking Alpha • Mar 21JBG SMITH: Wide Margin Of Safety Amid Government LayoffsSummary JBG SMITH Properties is an office REIT that has seen the significance of its multifamily portfolio increase in recent years. The REIT's focus on the Washington, DC area makes it exposed to ongoing workforce optimization under President Trump. I show that using 5.5-6.0% NOI cap rates to value the multifamily portfolio leaves a wide margin of safety regarding the value of the commercial/ground lease portfolio. JBG SMITH has a $338 million multifamily development project that will boost cash flows once complete. Key risks to consider include NOI valuation assumptions, high leverage, and a high Core FFO multiple. Read the full article on Seeking Alphaお知らせ • Mar 13JBG SMITH Properties, Annual General Meeting, Apr 24, 2025JBG SMITH Properties, Annual General Meeting, Apr 24, 2025.New Risk • Mar 10New major risk - Revenue and earnings growthEarnings have declined by 32% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 32% per year over the past 5 years. Minor Risk Dividend is not well covered by earnings (111% payout ratio).Reported Earnings • Feb 19Full year 2024 earnings released: US$1.63 loss per share (vs US$0.78 loss in FY 2023)Full year 2024 results: US$1.63 loss per share (further deteriorated from US$0.78 loss in FY 2023). Revenue: US$547.3m (down 9.7% from FY 2023). Net loss: US$143.5m (loss widened 75% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.お知らせ • Jan 22JBG SMITH Properties to Report Q4, 2024 Results on Feb 18, 2025JBG SMITH Properties announced that they will report Q4, 2024 results After-Market on Feb 18, 2025Upcoming Dividend • Dec 23Upcoming dividend of US$0.17 per shareEligible shareholders must have bought the stock before 30 December 2024. Payment date: 14 January 2025. Trailing yield: 4.6%. Within top quartile of American dividend payers (4.5%). In line with average of industry peers (4.7%).お知らせ • Dec 17JBG SMITH Declares Quarterly Common Dividend, Payable on January 14, 2025JBG SMITH announced that its Board of Trustees has declared a quarterly dividend of $0.175 per common share. The dividend will be paid on January 14, 2025 to common shareholders of record as of December 30, 2024.Price Target Changed • Dec 03Price target decreased by 11% to US$15.50Down from US$17.50, the current price target is an average from 2 analysts. New target price is 5.5% below last closing price of US$16.41. Stock is up 10% over the past year. The company is forecast to post a net loss per share of US$1.31 next year compared to a net loss per share of US$0.78 last year.Recent Insider Transactions • Nov 06Independent Trustee recently sold US$345k worth of stockOn the 1st of November, Scott Estes sold around 20k shares on-market at roughly US$17.26 per share. This transaction amounted to 40% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$347k. Insiders have been net sellers, collectively disposing of US$1.1m more than they bought in the last 12 months.Reported Earnings • Oct 30Third quarter 2024 earnings released: US$0.32 loss per share (vs US$0.58 loss in 3Q 2023)Third quarter 2024 results: US$0.32 loss per share (improved from US$0.58 loss in 3Q 2023). Revenue: US$136.0m (down 8.9% from 3Q 2023). Net loss: US$27.0m (loss narrowed 54% from 3Q 2023). Revenue is expected to decline by 14% p.a. on average during the next 2 years, while revenues in the Office REITs industry in the US are expected to grow by 1.2%. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.Declared Dividend • Oct 28Second quarter dividend of US$0.17 announcedShareholders will receive a dividend of US$0.17. Ex-date: 7th November 2024 Payment date: 22nd November 2024 Dividend yield will be 3.9%, which is lower than the industry average of 5.5%.お知らせ • Oct 25JBG Smith Declares A Quarterly Common Dividend, Payable on November 22, 2024JBG SMITH announced that its Board of Trustees has declared a quarterly dividend of $0.175 per common share. The dividend will be paid on November 22, 2024 to common shareholders of record as of November 7, 2024.お知らせ • Oct 09JBG SMITH Properties to Report Q3, 2024 Results on Oct 29, 2024JBG SMITH Properties announced that they will report Q3, 2024 results After-Market on Oct 29, 2024Recent Insider Transactions • Aug 30Chief Development Officer recently sold US$347k worth of stockOn the 27th of August, Kevin Reynolds sold around 20k shares on-market at roughly US$17.36 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$720k more than they bought in the last 12 months.New Risk • Aug 16New major risk - Revenue and earnings growthEarnings have declined by 29% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 29% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Major Estimate Revision • Aug 07Consensus EPS estimates upgraded to US$1.35 loss, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from US$469.1m to US$455.9m. 2024 losses expected to reduce from -US$1.51 to -US$1.35 per share. Office REITs industry in the US expected to see average net income growth of 13% next year. Consensus price target up from US$16.00 to US$16.50. Share price was steady at US$16.48 over the past week.Seeking Alpha • Aug 06JBG SMITH: Upside Hinges On Multifamily Development, Fed Rate CutsSummary JBG SMITH Properties is a government-dependent office REIT pivoting to multifamily properties. The REIT has marginally underperformed the Vanguard Real Estate Index Fund ETF so far in 2024. Core FFO crashed 50% Y/Y in Q2 2024 to $0.18/share on higher office vacancies and elevated interest expenses. I expect a recovery going into 2025-2026 on the back of Fed rate cuts and stabilization of a major multifamily development project. The enterprise value is 61% debt funded - a blessing if the Fed goes ahead with rate cuts or a curse if it moves slower than forecast by markets. Read the full article on Seeking AlphaReported Earnings • Jul 31Second quarter 2024 earnings: EPS exceeds analyst expectationsSecond quarter 2024 results: US$0.27 loss per share (further deteriorated from US$0.10 loss in 2Q 2023). Revenue: US$135.3m (down 11% from 2Q 2023). Net loss: US$24.4m (loss widened 116% from 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 34%. Revenue is expected to decline by 15% p.a. on average during the next 2 years, while revenues in the Office REITs industry in the US are expected to grow by 1.5%. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.Declared Dividend • Jul 28First quarter dividend of US$0.17 announcedShareholders will receive a dividend of US$0.17. Ex-date: 7th August 2024 Payment date: 21st August 2024 Dividend yield will be 4.4%, which is lower than the industry average of 5.5%.お知らせ • Jul 25JBG SMITH Declares a Quarterly Common Dividend, Payable on August 21, 2024JBG SMITH announced that its Board of Trustees has declared a quarterly dividend of $0.175 per common share. The dividend will be paid on August 21, 2024 to common shareholders of record as of August 7, 2024.お知らせ • Jul 10JBG SMITH Properties to Report Q2, 2024 Results on Jul 30, 2024JBG SMITH Properties announced that they will report Q2, 2024 results After-Market on Jul 30, 2024お知らせ • Jun 28JBG SMITH Properties has filed a Follow-on Equity Offering.JBG SMITH Properties has filed a Follow-on Equity Offering. Security Name: Common Shares of Beneficial Interest Security Type: Common Stock Securities Offered: 9,778,452Board Change • Jun 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. No highly experienced directors. Chairman Emeritus Steve Roth was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Upcoming Dividend • May 02Upcoming dividend of US$0.17 per shareEligible shareholders must have bought the stock before 09 May 2024. Payment date: 24 May 2024. Trailing yield: 4.7%. Lower than top quartile of American dividend payers (4.8%). Lower than average of industry peers (5.4%).Reported Earnings • May 01First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2024 results: US$0.35 loss per share (down from US$0.19 profit in 1Q 2023). Revenue: US$145.2m (down 5.4% from 1Q 2023). Net loss: US$32.3m (down 253% from profit in 1Q 2023). Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) missed analyst estimates by 20%. Revenue is expected to decline by 13% p.a. on average during the next 2 years, while revenues in the Office REITs industry in the US are expected to grow by 2.8%. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.お知らせ • Apr 28JBG SMITH Declares Quarterly Dividend, Payable on May 24, 2024JBG SMITH announced that its board of trustees has declared a quarterly dividend of $0.175 per common share. The dividend will be paid on May 24, 2024 to common shareholders of record as of May 10, 2024.お知らせ • Apr 10JBG SMITH Properties to Report Q1, 2024 Results on Apr 30, 2024JBG SMITH Properties announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on Apr 30, 2024お知らせ • Mar 14JBG SMITH Properties, Annual General Meeting, Apr 25, 2024JBG SMITH Properties, Annual General Meeting, Apr 25, 2024, at 08:30 Eastern Daylight. Agenda: To elect 10 trustees to the Board of Trustees to serve until the 2025 Annual Meeting of Shareholders and until their successors have been duly elected and qualify; To approve, on a non-binding advisory basis, the compensation of the Company’s named executive officers as disclosed in the Company’s Proxy Statement (“Say-on-Pay”); To vote, on a non-binding advisory basis, on whether the Say-on-Pay vote should occur every one, two, or three years ("Say-on-Frequency"); and to discuss other matters.Recent Insider Transactions • Mar 05Independent Chairman recently bought US$506k worth of stockOn the 1st of March, Robert Stewart bought around 30k shares on-market at roughly US$16.87 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Robert's only on-market trade for the last 12 months.Seeking Alpha • Feb 24JBG SMITH: The Rally Has More Room To RunSummary JBG SMITH Properties stock has returned 29% since my initial Buy recommendation and has significantly outperformed the S&P 500. The planned relocation of the Washington Wizards and Washington Capitals to National Landing is a key positive for JBGS. I am not concerned by the company's recent dividend reduction as I prefer to see the company focus on share repurchases. The stock remains reasonably valued vs. peers and relative to its own history. I am reiterating my Buy rating on JBGS. Read the full article on Seeking AlphaUpcoming Dividend • Feb 22Upcoming dividend of US$0.17 per shareEligible shareholders must have bought the stock before 29 February 2024. Payment date: 15 March 2024. Trailing yield: 4.3%. Lower than top quartile of American dividend payers (4.8%). Lower than average of industry peers (5.4%).Reported Earnings • Feb 21Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: US$0.76 loss per share (down from US$0.70 profit in FY 2022). Revenue: US$604.2m (flat on FY 2022). Net loss: US$80.0m (down 196% from profit in FY 2022). Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 22%. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.お知らせ • Feb 15JBG SMITH Declares Quarterly Common Dividend, Payable on March 15, 2024JBG SMITH announced that its Board of Trustees has declared a quarterly dividend of $0.175 per common share, a new indicated annual rate of $0.70 per share, a 22.2% reduction to the prior dividend. The dividend will be paid on March 15, 2024 to common shareholders of record as of March 1, 2024.お知らせ • Jan 24JBG SMITH Properties to Report Q4, 2023 Results on Feb 20, 2024JBG SMITH Properties announced that they will report Q4, 2023 results After-Market on Feb 20, 2024Recent Insider Transactions • Dec 17Chief Development Officer recently sold US$260k worth of stockOn the 13th of December, Kevin Reynolds sold around 16k shares on-market at roughly US$16.27 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.2m more than they bought in the last 12 months.Recent Insider Transactions Derivative • Dec 16Chief Development Officer notifies of intention to sell stockKevin Reynolds intends to sell 16k shares in the next 90 days after lodging an Intent To Sell Form on the 13th of December. If the sale is conducted around the recent share price of US$15.54, it would amount to US$249k. Since March 2023, Kevin has owned 16.01k shares directly. There has only been one transaction (US$757k sale) from insiders over the last 12 months.お知らせ • Nov 22Penzance Management, LLC acquired 255,000 square feet Rosslyn Gateway from JBG SMITH Properties (NYSE:JBGS) for $53 million.Penzance Management, LLC acquired 255,000 square feet Rosslyn Gateway from JBG SMITH Properties (NYSE:JBGS) for $53 million on November 14, 2023. Penzance Management, LLC completed the acquisition of 255,000 square feet Rosslyn Gateway from JBG SMITH Properties (NYSE:JBGS) on November 14, 2023.Seeking Alpha • Nov 11JBG SMITH: Time To Buy This Beaten Down REITSummary JBG Smith Properties shares have underperformed the S&P 500 and the real estate sector over the past 5 years. JBGS has been focused on shifting its business mix to be more balanced between commercial and multifamily properties. The company has been aggressively repurchasing shares, indicating confidence in its position and sending investors an important signal about valuation. I am initiating JBGS with a buy rating. Read the full article on Seeking AlphaUpcoming Dividend • Nov 09Upcoming dividend of US$0.23 per share at 6.5% yieldEligible shareholders must have bought the stock before 16 November 2023. Payment date: 01 December 2023. Trailing yield: 6.5%. Within top quartile of American dividend payers (5.1%). In line with average of industry peers (6.7%).お知らせ • Nov 01JBG SMITH Properties Declares Quarterly Common Dividend, Payable on December 1, 2023JBG SMITH Properties announced that its Board of Trustees has declared a quarterly dividend of $0.225 per common share. The dividend will be paid on December 1, 2023 to common shareholders of record as of November 17, 2023.お知らせ • Oct 18JBG SMITH Properties to Report Q3, 2023 Results on Nov 07, 2023JBG SMITH Properties announced that they will report Q3, 2023 results After-Market on Nov 07, 2023お知らせ • Aug 26Kimco Realty Corporation (NYSE:KIM) acquired Stonebridge at Potomac Town Center in Woodbridgefor approximately $170 million.Kimco Realty Corporation (NYSE:KIM) acquired Stonebridge at Potomac Town Center in Woodbridge for approximately $170 million on August 24, 2023. Kimco Realty Corporation (NYSE:KIM) completed the acquisition of Stonebridge at Potomac Town Center in Woodbridge on August 24, 2023.New Risk • Aug 09New major risk - Revenue and earnings growthEarnings have declined by 3.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.4x net interest cover). Earnings have declined by 3.5% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Aug 09Second quarter 2023 earnings released: US$0.096 loss per share (vs US$1.02 profit in 2Q 2022)Second quarter 2023 results: US$0.096 loss per share (down from US$1.02 profit in 2Q 2022). Revenue: US$152.1m (up 6.1% from 2Q 2022). Net loss: US$10.5m (down 109% from profit in 2Q 2022). Revenue is expected to decline by 9.1% p.a. on average during the next 2 years, while revenues in the Office REITs industry in the US are expected to grow by 4.2%. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.Seeking Alpha • Aug 09JBG SMITH: The Needle Is Still Pointing DownSummary Office REITs are struggling due to the work-from-home trend, resulting in low occupancy and rents. JBG Smith Properties is aggressively recycling assets and focusing on the fast-growing National Landing area. JBGS investors have endured a long-term loss of share price and as revenues continue declining, there is significant risk of a dividend cut. Read the full article on Seeking AlphaUpcoming Dividend • Aug 09Upcoming dividend of US$0.23 per share at 5.3% yieldEligible shareholders must have bought the stock before 16 August 2023. Payment date: 31 August 2023. Trailing yield: 5.3%. Within top quartile of American dividend payers (4.7%). In line with average of industry peers (5.5%).お知らせ • Aug 04JBG SMITH Declares Quarterly Common Cash Dividend, Payable on August 31, 2023JBG SMITH announced that its Board of Trustees has declared a quarterly dividend of $0.225 per common share. The dividend will be paid on August 31, 2023 to common shareholders of record as of August 17, 2023.お知らせ • Jul 21JBG SMITH Properties to Report Q2, 2023 Results on Aug 08, 2023JBG SMITH Properties announced that they will report Q2, 2023 results After-Market on Aug 08, 2023Upcoming Dividend • Jun 15Upcoming dividend of US$0.23 per share at 5.9% yieldEligible shareholders must have bought the stock before 22 June 2023. Payment date: 30 June 2023. Trailing yield: 5.9%. Within top quartile of American dividend payers (4.9%). In line with average of industry peers (6.4%).Price Target Changed • May 19Price target decreased by 7.9% to US$17.50Down from US$19.00, the current price target is an average from 2 analysts. New target price is 16% above last closing price of US$15.11. Stock is down 39% over the past year. The company posted earnings per share of US$0.70 last year.Reported Earnings • May 11First quarter 2023 earnings released: EPS: US$0.19 (vs US$0 in 1Q 2022)First quarter 2023 results: EPS: US$0.19 (up from US$0 in 1Q 2022). Revenue: US$153.0m (down 7.4% from 1Q 2022). Net income: US$21.2m (up US$21.2m from 1Q 2022). Profit margin: 14% (up from 0% in 1Q 2022). Revenue is expected to decline by 5.6% p.a. on average during the next 2 years, while revenues in the Office REITs industry in the US are expected to grow by 5.3%. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.お知らせ • May 06JBG SMITH Declares Quarterly Common Dividend, Payable on June 30, 2023JBG SMITH announced that its Board of Trustees has declared a quarterly dividend of $0.225 per common share. The dividend will be paid on June 30, 2023 to common shareholders of record as of June 23, 2023.Recent Insider Transactions • Feb 26Chief Financial Officer recently sold US$757k worth of stockOn the 23rd of February, Moina Banerjee sold around 42k shares on-market at roughly US$18.14 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Moina's only on-market trade for the last 12 months.Reported Earnings • Feb 22Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: US$0.72 (up from US$0.63 loss in FY 2021). Revenue: US$605.8m (down 3.5% from FY 2021). Net income: US$85.4m (up US$167.5m from FY 2021). Profit margin: 14% (up from net loss in FY 2021). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 6.7%. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings.お知らせ • Jan 19JBG SMITH Properties to Report Q4, 2022 Results on Feb 21, 2023JBG SMITH Properties announced that they will report Q4, 2022 results After-Market on Feb 21, 2023Upcoming Dividend • Dec 21Upcoming dividend of US$0.23 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 12 January 2023. Trailing yield: 4.7%. Within top quartile of American dividend payers (4.5%). Higher than average of industry peers (4.0%).Recent Insider Transactions Derivative • Nov 21Non-Executive Chairman notifies of intention to sell stockRobert Stewart intends to sell 86k shares in the next 90 days after lodging an Intent To Sell Form on the 16th of November. If the sale is conducted around the recent share price of US$19.17, it would amount to US$1.7m. Since March 2022, Robert's direct individual holding has decreased from 122.79k shares to 86.29k. Company insiders have collectively sold US$2.2m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions • Nov 17Non-Executive Chairman recently sold US$718k worth of stockOn the 14th of November, Robert Stewart sold around 37k shares on-market at roughly US$19.67 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Robert's only on-market trade for the last 12 months.Price Target Changed • Nov 16Price target decreased to US$22.50Down from US$24.50, the current price target is an average from 2 analysts. New target price is 16% above last closing price of US$19.40. Stock is down 36% over the past year. The company is forecast to post earnings per share of US$0.75 next year compared to a net loss per share of US$0.63 last year.Price Target Changed • Nov 04Price target decreased to US$22.50Down from US$24.50, the current price target is an average from 2 analysts. New target price is 17% above last closing price of US$19.16. Stock is down 37% over the past year. The company is forecast to post earnings per share of US$0.75 next year compared to a net loss per share of US$0.63 last year.お知らせ • Nov 03JBG SMITH Properties (NYSE:JBGS) acquired an additional 3.7% stake in The Wren for $9.5 million.JBG SMITH Properties (NYSE:JBGS) acquired an additional 3.7% stake in The Wren for $9.5 million on October 4, 2022. As a result of the transaction, JBG SMITH Properties increased its ownership to 99.7% in The Wren.JBG SMITH Properties (NYSE:JBGS) completed the acquisition of an additional 3.7% stake in The Wren on October 4, 2022.業績と収益の成長予測NYSE:JBGS - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/2028464N/AN/AN/A112/31/2027455N/AN/AN/A112/31/2026437-104N/AN/A23/31/2026505-1146464N/A12/31/2025497-1417373N/A9/30/2025501-1558383N/A6/30/2025513-154100100N/A3/31/2025521-159105105N/A12/31/2024547-146129129N/A9/30/2024567-118156156N/A6/30/2024581-150155155N/A3/31/2024599-136178178N/A12/31/2023606-82183183N/A9/30/2023621-69163163N/A6/30/2023605-30160160N/A3/31/2023596105151151N/A12/31/202260884178178N/A9/30/202259845194194N/A6/30/202264266202202N/A3/31/2022657-61221221N/A12/31/2021656-82218218N/A9/30/2021654-71196196N/A6/30/2021626-95207207N/A3/31/2021609-129194194N/A12/31/2020582-65169169N/A9/30/202061015189189N/A6/30/202062547207207N/A3/31/202064381198198N/A12/31/201964663N/A174N/A9/30/201965028N/A164N/A6/30/201964042N/A147N/A3/31/201964566N/A171N/A12/31/201864737N/A188N/A9/30/201863423N/A187N/A6/30/2018629-69N/A95N/A3/31/2018584-84N/A69N/A12/31/2017539-73N/A74N/A9/30/2017507-45N/A82N/A6/30/201748146N/A141N/A3/31/201747857N/A141N/A12/31/201647862N/A160N/A9/30/201647865N/A156N/A12/31/201546650N/A178N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: JBGSの予測収益成長が 貯蓄率 ( 3.5% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: JBGSの収益がUS市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: JBGSの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: JBGSの収益は今後 3 年間で減少すると予想されています (年間-2.8% )。高い収益成長: JBGSの収益は今後 3 年間で減少すると予測されています (年間-2.8% )。一株当たり利益成長率予想将来の株主資本利益率将来のROE: JBGSの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YReal-estate 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/24 21:49終値2026/06/24 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋JBG SMITH Properties 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。8 アナリスト機関John KimBMO Capital Markets Equity ResearchJuan SanabriaBMO Capital Markets Equity ResearchClarence PowellBMO Capital Markets Equity Research5 その他のアナリストを表示
Price Target Changed • Mar 30Price target decreased by 14% to US$15.00Down from US$17.50, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of US$14.71. Stock is down 8.7% over the past year. The company posted a net loss per share of US$2.09 last year.
Price Target Changed • Feb 20Price target decreased by 8.1% to US$17.00Down from US$18.50, the current price target is an average from 2 analysts. New target price is 8.3% above last closing price of US$15.69. Stock is up 5.2% over the past year. The company posted a net loss per share of US$2.09 last year.
Price Target Changed • Sep 29Price target increased by 11% to US$19.50Up from US$17.50, the current price target is an average from 2 analysts. New target price is 10.0% below last closing price of US$21.66. Stock is up 24% over the past year. The company posted a net loss per share of US$1.65 last year.
Price Target Changed • Dec 03Price target decreased by 11% to US$15.50Down from US$17.50, the current price target is an average from 2 analysts. New target price is 5.5% below last closing price of US$16.41. Stock is up 10% over the past year. The company is forecast to post a net loss per share of US$1.31 next year compared to a net loss per share of US$0.78 last year.
Major Estimate Revision • Aug 07Consensus EPS estimates upgraded to US$1.35 loss, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from US$469.1m to US$455.9m. 2024 losses expected to reduce from -US$1.51 to -US$1.35 per share. Office REITs industry in the US expected to see average net income growth of 13% next year. Consensus price target up from US$16.00 to US$16.50. Share price was steady at US$16.48 over the past week.
Price Target Changed • May 19Price target decreased by 7.9% to US$17.50Down from US$19.00, the current price target is an average from 2 analysts. New target price is 16% above last closing price of US$15.11. Stock is down 39% over the past year. The company posted earnings per share of US$0.70 last year.
Recent Insider Transactions • Jun 10Insider recently sold US$300k worth of stockOn the 8th of June, Steven Museles sold around 20k shares on-market at roughly US$15.01 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$2.5m more than they bought in the last 12 months.
Recent Insider Transactions Derivative • Jun 09Insider notifies of intention to sell stockSteven Museles intends to sell 20k shares in the next 90 days after lodging an Intent To Sell Form on the 8th of June. If the sale is conducted around the recent share price of US$15.01, it would amount to US$300k. Steven now holds 20.01k shares directly in their own name. Company insiders have collectively sold US$2.4m more than they bought, via options and on-market transactions in the last 12 months.
Reported Earnings • May 07First quarter 2026 earnings released: US$0.32 loss per share (vs US$0.56 loss in 1Q 2025)First quarter 2026 results: US$0.32 loss per share (improved from US$0.56 loss in 1Q 2025). Revenue: US$127.6m (up 6.3% from 1Q 2025). Net loss: US$18.7m (loss narrowed 59% from 1Q 2025). Revenue is expected to decline by 8.0% p.a. on average during the next 2 years, while revenues in the Office REITs industry in the US are expected to grow by 2.6%. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Declared Dividend • May 04Fourth quarter dividend of US$0.17 announcedDividend of US$0.17 is the same as last year. Ex-date: 14th May 2026 Payment date: 28th May 2026 Dividend yield will be 4.8%, which is lower than the industry average of 5.5%.
お知らせ • May 02JBG SMITH Properties announces Quarterly dividend, payable on May 28, 2026JBG SMITH Properties announced Quarterly dividend of USD 0.1750 per share payable on May 28, 2026, ex-date on May 14, 2026 and record date on May 14, 2026.
お知らせ • Apr 15JBG SMITH Properties to Report Q1, 2026 Results on May 05, 2026JBG SMITH Properties announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on May 05, 2026
Buy Or Sell Opportunity • Apr 07Now 22% overvaluedOver the last 90 days, the stock has fallen 14% to US$14.52. The fair value is estimated to be US$11.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.6% over the last 3 years. Meanwhile, the company became loss making.
New Risk • Apr 04New major risk - Revenue and earnings growthEarnings have declined by 24% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 24% per year over the past 5 years. Minor Risk Dividend is not well covered by earnings (dividend per share is over 7x earnings per share).
Price Target Changed • Mar 30Price target decreased by 14% to US$15.00Down from US$17.50, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of US$14.71. Stock is down 8.7% over the past year. The company posted a net loss per share of US$2.09 last year.
お知らせ • Mar 19JBG SMITH Properties, Annual General Meeting, Apr 30, 2026JBG SMITH Properties, Annual General Meeting, Apr 30, 2026.
Price Target Changed • Feb 20Price target decreased by 8.1% to US$17.00Down from US$18.50, the current price target is an average from 2 analysts. New target price is 8.3% above last closing price of US$15.69. Stock is up 5.2% over the past year. The company posted a net loss per share of US$2.09 last year.
Reported Earnings • Feb 18Full year 2025 earnings released: US$2.06 loss per share (vs US$1.65 loss in FY 2024)Full year 2025 results: US$2.06 loss per share. Revenue: US$498.6m (down 8.8% from FY 2024). Net loss: US$139.1m (loss narrowed 4.7% from FY 2024). Revenue is expected to decline by 6.4% p.a. on average during the next 2 years, while revenues in the Office REITs industry in the US are expected to grow by 2.0%.
お知らせ • Jan 21JBG SMITH Properties to Report Q4, 2025 Results on Feb 17, 2026JBG SMITH Properties announced that they will report Q4, 2025 results After-Market on Feb 17, 2026
Declared Dividend • Dec 19Third quarter dividend of US$0.17 announcedDividend of US$0.17 is the same as last year. Ex-date: 30th December 2025 Payment date: 13th January 2026 Dividend yield will be 4.1%, which is lower than the industry average of 5.5%.
お知らせ • Dec 17Jbg Smith Declares A Quarterly Common Dividend, Payable on January 13, 2026JBG SMITH announced that its Board of Trustees has declared a quarterly dividend of $0.175 per common share. The dividend will be paid on January 13, 2026 to common shareholders of record as of December 30, 2025.
New Risk • Nov 17New major risk - Revenue and earnings growthEarnings have declined by 26% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 26% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (212% payout ratio). Significant insider selling over the past 3 months (US$1.8m sold).
Recent Insider Transactions • Nov 02Insider recently sold US$609k worth of stockOn the 31st of October, Steven Museles sold around 31k shares on-market at roughly US$19.50 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$2.0m more than they bought in the last 12 months.
Recent Insider Transactions Derivative • Oct 31Insider notifies of intention to sell stockSteven Museles intends to sell 15k shares in the next 90 days after lodging an Intent To Sell Form on the 30th of October. If the sale is conducted around the recent share price of US$19.41, it would amount to US$291k. Since March 2025, Steven's direct individual holding has increased from 5.88k shares to 31.26k. Company insiders have collectively sold US$1.7m more than they bought, via options and on-market transactions in the last 12 months.
Reported Earnings • Oct 29Third quarter 2025 earnings released: US$0.47 loss per share (vs US$0.32 loss in 3Q 2024)Third quarter 2025 results: US$0.47 loss per share (further deteriorated from US$0.32 loss in 3Q 2024). Revenue: US$123.9m (down 8.4% from 3Q 2024). Net loss: US$28.6m (loss widened 4.1% from 3Q 2024). Revenue is expected to decline by 4.4% p.a. on average during the next 2 years, while revenues in the Office REITs industry in the US are expected to grow by 2.3%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.
Declared Dividend • Oct 27Second quarter dividend of US$0.17 announcedDividend of US$0.17 is the same as last year. Ex-date: 6th November 2025 Payment date: 20th November 2025 Dividend yield will be 3.3%, which is lower than the industry average of 5.5%.
お知らせ • Oct 24JBG SMITH Declares Quarterly Common Dividend, Payable on November 20, 2025JBG SMITH announced that its Board of Trustees has declared a quarterly dividend of $0.175 per common share. The dividend will be paid on November 20, 2025 to common shareholders of record as of November 6, 2025.
お知らせ • Oct 08JBG SMITH Properties to Report Q3, 2025 Results on Oct 28, 2025JBG SMITH Properties announced that they will report Q3, 2025 results After-Market on Oct 28, 2025
Price Target Changed • Sep 29Price target increased by 11% to US$19.50Up from US$17.50, the current price target is an average from 2 analysts. New target price is 10.0% below last closing price of US$21.66. Stock is up 24% over the past year. The company posted a net loss per share of US$1.65 last year.
Seeking Alpha • Sep 16JBG SMITH: The Easy Money Has Been Made (Rating Downgrade)Summary JBG SMITH Properties has outperformed the S&P 500, driven by aggressive share repurchases and improving sentiment toward office REITs. JBGS has cut shares outstanding by 33% since my prior piece, but the stock now trades at a much higher valuation multiple. With JBGS trading at 28x FY 2026 FFO, continued buybacks are less compelling and may slow, potentially impacting stock momentum. JBGS shares are now trading at a significant premium to peers, up from a modest premium previously. Given the less attractive risk/reward profile, I am downgrading JBGS to Hold. Read the full article on Seeking Alpha
New Risk • Sep 08New major risk - Revenue and earnings growthEarnings have declined by 28% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 28% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (166% payout ratio). Significant insider selling over the past 3 months (US$941k sold).
Recent Insider Transactions • Aug 21Chief Financial Officer recently sold US$505k worth of stockOn the 19th of August, Moina Banerjee sold around 25k shares on-market at roughly US$20.58 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Moina's only on-market trade for the last 12 months.
Recent Insider Transactions • Aug 03Insider recently sold US$217k worth of stockOn the 31st of July, Angela Valdes sold around 10k shares on-market at roughly US$21.53 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.2m more than they bought in the last 12 months.
Reported Earnings • Jul 30Second quarter 2025 earnings released: US$0.28 loss per share (vs US$0.27 loss in 2Q 2024)Second quarter 2025 results: US$0.28 loss per share. Revenue: US$126.5m (down 6.4% from 2Q 2024). Net loss: US$19.2m (loss narrowed 23% from 2Q 2024). Revenue is expected to decline by 9.0% p.a. on average during the next 2 years, while revenues in the Office REITs industry in the US are expected to grow by 2.5%.
Declared Dividend • Jul 28First quarter dividend of US$0.17 announcedDividend of US$0.17 is the same as last year. Ex-date: 7th August 2025 Payment date: 21st August 2025 Dividend yield will be 3.6%, which is lower than the industry average of 5.5%.
お知らせ • Jul 25JBG SMITH Declares Quarterly Common Dividend, Payable on August 21, 2025JBG SMITH announced that its Board of Trustees has declared a quarterly dividend of $0.175 per common share. The dividend will be paid on August 21, 2025 to common shareholders of record as of August 7, 2025.
お知らせ • Jul 16The Peterson Companies, LLC acquired The Batley from JBG SMITH Properties (NYSE:JBGS) for approximately $160 million.The Peterson Companies, LLC acquired The Batley from JBG SMITH Properties (NYSE:JBGS) for approximately $160 million on July 15, 2025. A cash consideration of $155 million will be paid by The Peterson Companies, LLC. As part of consideration, $155 million is paid towards assets of The Batley. The deal involved a loan of $84.2 million, and the lender was another Peterson Companies affiliate. The Peterson Companies, LLC completed the acquisition of The Batley from JBG SMITH Properties (NYSE:JBGS) on July 15, 2025.
New Risk • Jul 14New major risk - Revenue and earnings growthEarnings have declined by 31% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 31% per year over the past 5 years. Minor Risk Dividend is not well covered by earnings (157% payout ratio).
お知らせ • Jul 09JBG SMITH Properties to Report Q2, 2025 Results on Jul 29, 2025JBG SMITH Properties announced that they will report Q2, 2025 results After-Market on Jul 29, 2025
Reported Earnings • Apr 30First quarter 2025 earnings released: US$0.073 FFO loss per share (vs US$0.11 profit in 1Q 2024)First quarter 2025 results: US$0.073 FFO loss per share (down from US$0.11 profit in 1Q 2024). Revenue: US$120.7m (down 17% from 1Q 2024). Funds from operations (FFO) loss: US$6.23m (down 158% from profit in 1Q 2024). Revenue is expected to decline by 7.3% p.a. on average during the next 2 years, while revenues in the Office REITs industry in the US are expected to grow by 2.6%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.
Declared Dividend • Apr 28Fourth quarter dividend of US$0.17 announcedDividend of US$0.17 is the same as last year. Ex-date: 8th May 2025 Payment date: 22nd May 2025 Dividend yield will be 4.8%, which is lower than the industry average of 5.5%.
お知らせ • Apr 25JBG SMITH Declares Quarterly Common Dividend, Payable on May 22, 2025JBG SMITH announced that its Board of Trustees has declared a quarterly dividend of $0.175 per common share. The dividend will be paid on May 22, 2025 to common shareholders of record as of May 8, 2025.
お知らせ • Apr 09JBG SMITH Properties to Report Q1, 2025 Results on Apr 29, 2025JBG SMITH Properties announced that they will report Q1, 2025 results After-Market on Apr 29, 2025
Seeking Alpha • Mar 21JBG SMITH: Wide Margin Of Safety Amid Government LayoffsSummary JBG SMITH Properties is an office REIT that has seen the significance of its multifamily portfolio increase in recent years. The REIT's focus on the Washington, DC area makes it exposed to ongoing workforce optimization under President Trump. I show that using 5.5-6.0% NOI cap rates to value the multifamily portfolio leaves a wide margin of safety regarding the value of the commercial/ground lease portfolio. JBG SMITH has a $338 million multifamily development project that will boost cash flows once complete. Key risks to consider include NOI valuation assumptions, high leverage, and a high Core FFO multiple. Read the full article on Seeking Alpha
お知らせ • Mar 13JBG SMITH Properties, Annual General Meeting, Apr 24, 2025JBG SMITH Properties, Annual General Meeting, Apr 24, 2025.
New Risk • Mar 10New major risk - Revenue and earnings growthEarnings have declined by 32% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 32% per year over the past 5 years. Minor Risk Dividend is not well covered by earnings (111% payout ratio).
Reported Earnings • Feb 19Full year 2024 earnings released: US$1.63 loss per share (vs US$0.78 loss in FY 2023)Full year 2024 results: US$1.63 loss per share (further deteriorated from US$0.78 loss in FY 2023). Revenue: US$547.3m (down 9.7% from FY 2023). Net loss: US$143.5m (loss widened 75% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.
お知らせ • Jan 22JBG SMITH Properties to Report Q4, 2024 Results on Feb 18, 2025JBG SMITH Properties announced that they will report Q4, 2024 results After-Market on Feb 18, 2025
Upcoming Dividend • Dec 23Upcoming dividend of US$0.17 per shareEligible shareholders must have bought the stock before 30 December 2024. Payment date: 14 January 2025. Trailing yield: 4.6%. Within top quartile of American dividend payers (4.5%). In line with average of industry peers (4.7%).
お知らせ • Dec 17JBG SMITH Declares Quarterly Common Dividend, Payable on January 14, 2025JBG SMITH announced that its Board of Trustees has declared a quarterly dividend of $0.175 per common share. The dividend will be paid on January 14, 2025 to common shareholders of record as of December 30, 2024.
Price Target Changed • Dec 03Price target decreased by 11% to US$15.50Down from US$17.50, the current price target is an average from 2 analysts. New target price is 5.5% below last closing price of US$16.41. Stock is up 10% over the past year. The company is forecast to post a net loss per share of US$1.31 next year compared to a net loss per share of US$0.78 last year.
Recent Insider Transactions • Nov 06Independent Trustee recently sold US$345k worth of stockOn the 1st of November, Scott Estes sold around 20k shares on-market at roughly US$17.26 per share. This transaction amounted to 40% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$347k. Insiders have been net sellers, collectively disposing of US$1.1m more than they bought in the last 12 months.
Reported Earnings • Oct 30Third quarter 2024 earnings released: US$0.32 loss per share (vs US$0.58 loss in 3Q 2023)Third quarter 2024 results: US$0.32 loss per share (improved from US$0.58 loss in 3Q 2023). Revenue: US$136.0m (down 8.9% from 3Q 2023). Net loss: US$27.0m (loss narrowed 54% from 3Q 2023). Revenue is expected to decline by 14% p.a. on average during the next 2 years, while revenues in the Office REITs industry in the US are expected to grow by 1.2%. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
Declared Dividend • Oct 28Second quarter dividend of US$0.17 announcedShareholders will receive a dividend of US$0.17. Ex-date: 7th November 2024 Payment date: 22nd November 2024 Dividend yield will be 3.9%, which is lower than the industry average of 5.5%.
お知らせ • Oct 25JBG Smith Declares A Quarterly Common Dividend, Payable on November 22, 2024JBG SMITH announced that its Board of Trustees has declared a quarterly dividend of $0.175 per common share. The dividend will be paid on November 22, 2024 to common shareholders of record as of November 7, 2024.
お知らせ • Oct 09JBG SMITH Properties to Report Q3, 2024 Results on Oct 29, 2024JBG SMITH Properties announced that they will report Q3, 2024 results After-Market on Oct 29, 2024
Recent Insider Transactions • Aug 30Chief Development Officer recently sold US$347k worth of stockOn the 27th of August, Kevin Reynolds sold around 20k shares on-market at roughly US$17.36 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$720k more than they bought in the last 12 months.
New Risk • Aug 16New major risk - Revenue and earnings growthEarnings have declined by 29% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 29% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Major Estimate Revision • Aug 07Consensus EPS estimates upgraded to US$1.35 loss, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from US$469.1m to US$455.9m. 2024 losses expected to reduce from -US$1.51 to -US$1.35 per share. Office REITs industry in the US expected to see average net income growth of 13% next year. Consensus price target up from US$16.00 to US$16.50. Share price was steady at US$16.48 over the past week.
Seeking Alpha • Aug 06JBG SMITH: Upside Hinges On Multifamily Development, Fed Rate CutsSummary JBG SMITH Properties is a government-dependent office REIT pivoting to multifamily properties. The REIT has marginally underperformed the Vanguard Real Estate Index Fund ETF so far in 2024. Core FFO crashed 50% Y/Y in Q2 2024 to $0.18/share on higher office vacancies and elevated interest expenses. I expect a recovery going into 2025-2026 on the back of Fed rate cuts and stabilization of a major multifamily development project. The enterprise value is 61% debt funded - a blessing if the Fed goes ahead with rate cuts or a curse if it moves slower than forecast by markets. Read the full article on Seeking Alpha
Reported Earnings • Jul 31Second quarter 2024 earnings: EPS exceeds analyst expectationsSecond quarter 2024 results: US$0.27 loss per share (further deteriorated from US$0.10 loss in 2Q 2023). Revenue: US$135.3m (down 11% from 2Q 2023). Net loss: US$24.4m (loss widened 116% from 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 34%. Revenue is expected to decline by 15% p.a. on average during the next 2 years, while revenues in the Office REITs industry in the US are expected to grow by 1.5%. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
Declared Dividend • Jul 28First quarter dividend of US$0.17 announcedShareholders will receive a dividend of US$0.17. Ex-date: 7th August 2024 Payment date: 21st August 2024 Dividend yield will be 4.4%, which is lower than the industry average of 5.5%.
お知らせ • Jul 25JBG SMITH Declares a Quarterly Common Dividend, Payable on August 21, 2024JBG SMITH announced that its Board of Trustees has declared a quarterly dividend of $0.175 per common share. The dividend will be paid on August 21, 2024 to common shareholders of record as of August 7, 2024.
お知らせ • Jul 10JBG SMITH Properties to Report Q2, 2024 Results on Jul 30, 2024JBG SMITH Properties announced that they will report Q2, 2024 results After-Market on Jul 30, 2024
お知らせ • Jun 28JBG SMITH Properties has filed a Follow-on Equity Offering.JBG SMITH Properties has filed a Follow-on Equity Offering. Security Name: Common Shares of Beneficial Interest Security Type: Common Stock Securities Offered: 9,778,452
Board Change • Jun 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. No highly experienced directors. Chairman Emeritus Steve Roth was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Upcoming Dividend • May 02Upcoming dividend of US$0.17 per shareEligible shareholders must have bought the stock before 09 May 2024. Payment date: 24 May 2024. Trailing yield: 4.7%. Lower than top quartile of American dividend payers (4.8%). Lower than average of industry peers (5.4%).
Reported Earnings • May 01First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2024 results: US$0.35 loss per share (down from US$0.19 profit in 1Q 2023). Revenue: US$145.2m (down 5.4% from 1Q 2023). Net loss: US$32.3m (down 253% from profit in 1Q 2023). Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) missed analyst estimates by 20%. Revenue is expected to decline by 13% p.a. on average during the next 2 years, while revenues in the Office REITs industry in the US are expected to grow by 2.8%. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.
お知らせ • Apr 28JBG SMITH Declares Quarterly Dividend, Payable on May 24, 2024JBG SMITH announced that its board of trustees has declared a quarterly dividend of $0.175 per common share. The dividend will be paid on May 24, 2024 to common shareholders of record as of May 10, 2024.
お知らせ • Apr 10JBG SMITH Properties to Report Q1, 2024 Results on Apr 30, 2024JBG SMITH Properties announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on Apr 30, 2024
お知らせ • Mar 14JBG SMITH Properties, Annual General Meeting, Apr 25, 2024JBG SMITH Properties, Annual General Meeting, Apr 25, 2024, at 08:30 Eastern Daylight. Agenda: To elect 10 trustees to the Board of Trustees to serve until the 2025 Annual Meeting of Shareholders and until their successors have been duly elected and qualify; To approve, on a non-binding advisory basis, the compensation of the Company’s named executive officers as disclosed in the Company’s Proxy Statement (“Say-on-Pay”); To vote, on a non-binding advisory basis, on whether the Say-on-Pay vote should occur every one, two, or three years ("Say-on-Frequency"); and to discuss other matters.
Recent Insider Transactions • Mar 05Independent Chairman recently bought US$506k worth of stockOn the 1st of March, Robert Stewart bought around 30k shares on-market at roughly US$16.87 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Robert's only on-market trade for the last 12 months.
Seeking Alpha • Feb 24JBG SMITH: The Rally Has More Room To RunSummary JBG SMITH Properties stock has returned 29% since my initial Buy recommendation and has significantly outperformed the S&P 500. The planned relocation of the Washington Wizards and Washington Capitals to National Landing is a key positive for JBGS. I am not concerned by the company's recent dividend reduction as I prefer to see the company focus on share repurchases. The stock remains reasonably valued vs. peers and relative to its own history. I am reiterating my Buy rating on JBGS. Read the full article on Seeking Alpha
Upcoming Dividend • Feb 22Upcoming dividend of US$0.17 per shareEligible shareholders must have bought the stock before 29 February 2024. Payment date: 15 March 2024. Trailing yield: 4.3%. Lower than top quartile of American dividend payers (4.8%). Lower than average of industry peers (5.4%).
Reported Earnings • Feb 21Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: US$0.76 loss per share (down from US$0.70 profit in FY 2022). Revenue: US$604.2m (flat on FY 2022). Net loss: US$80.0m (down 196% from profit in FY 2022). Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 22%. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.
お知らせ • Feb 15JBG SMITH Declares Quarterly Common Dividend, Payable on March 15, 2024JBG SMITH announced that its Board of Trustees has declared a quarterly dividend of $0.175 per common share, a new indicated annual rate of $0.70 per share, a 22.2% reduction to the prior dividend. The dividend will be paid on March 15, 2024 to common shareholders of record as of March 1, 2024.
お知らせ • Jan 24JBG SMITH Properties to Report Q4, 2023 Results on Feb 20, 2024JBG SMITH Properties announced that they will report Q4, 2023 results After-Market on Feb 20, 2024
Recent Insider Transactions • Dec 17Chief Development Officer recently sold US$260k worth of stockOn the 13th of December, Kevin Reynolds sold around 16k shares on-market at roughly US$16.27 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.2m more than they bought in the last 12 months.
Recent Insider Transactions Derivative • Dec 16Chief Development Officer notifies of intention to sell stockKevin Reynolds intends to sell 16k shares in the next 90 days after lodging an Intent To Sell Form on the 13th of December. If the sale is conducted around the recent share price of US$15.54, it would amount to US$249k. Since March 2023, Kevin has owned 16.01k shares directly. There has only been one transaction (US$757k sale) from insiders over the last 12 months.
お知らせ • Nov 22Penzance Management, LLC acquired 255,000 square feet Rosslyn Gateway from JBG SMITH Properties (NYSE:JBGS) for $53 million.Penzance Management, LLC acquired 255,000 square feet Rosslyn Gateway from JBG SMITH Properties (NYSE:JBGS) for $53 million on November 14, 2023. Penzance Management, LLC completed the acquisition of 255,000 square feet Rosslyn Gateway from JBG SMITH Properties (NYSE:JBGS) on November 14, 2023.
Seeking Alpha • Nov 11JBG SMITH: Time To Buy This Beaten Down REITSummary JBG Smith Properties shares have underperformed the S&P 500 and the real estate sector over the past 5 years. JBGS has been focused on shifting its business mix to be more balanced between commercial and multifamily properties. The company has been aggressively repurchasing shares, indicating confidence in its position and sending investors an important signal about valuation. I am initiating JBGS with a buy rating. Read the full article on Seeking Alpha
Upcoming Dividend • Nov 09Upcoming dividend of US$0.23 per share at 6.5% yieldEligible shareholders must have bought the stock before 16 November 2023. Payment date: 01 December 2023. Trailing yield: 6.5%. Within top quartile of American dividend payers (5.1%). In line with average of industry peers (6.7%).
お知らせ • Nov 01JBG SMITH Properties Declares Quarterly Common Dividend, Payable on December 1, 2023JBG SMITH Properties announced that its Board of Trustees has declared a quarterly dividend of $0.225 per common share. The dividend will be paid on December 1, 2023 to common shareholders of record as of November 17, 2023.
お知らせ • Oct 18JBG SMITH Properties to Report Q3, 2023 Results on Nov 07, 2023JBG SMITH Properties announced that they will report Q3, 2023 results After-Market on Nov 07, 2023
お知らせ • Aug 26Kimco Realty Corporation (NYSE:KIM) acquired Stonebridge at Potomac Town Center in Woodbridgefor approximately $170 million.Kimco Realty Corporation (NYSE:KIM) acquired Stonebridge at Potomac Town Center in Woodbridge for approximately $170 million on August 24, 2023. Kimco Realty Corporation (NYSE:KIM) completed the acquisition of Stonebridge at Potomac Town Center in Woodbridge on August 24, 2023.
New Risk • Aug 09New major risk - Revenue and earnings growthEarnings have declined by 3.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.4x net interest cover). Earnings have declined by 3.5% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Aug 09Second quarter 2023 earnings released: US$0.096 loss per share (vs US$1.02 profit in 2Q 2022)Second quarter 2023 results: US$0.096 loss per share (down from US$1.02 profit in 2Q 2022). Revenue: US$152.1m (up 6.1% from 2Q 2022). Net loss: US$10.5m (down 109% from profit in 2Q 2022). Revenue is expected to decline by 9.1% p.a. on average during the next 2 years, while revenues in the Office REITs industry in the US are expected to grow by 4.2%. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
Seeking Alpha • Aug 09JBG SMITH: The Needle Is Still Pointing DownSummary Office REITs are struggling due to the work-from-home trend, resulting in low occupancy and rents. JBG Smith Properties is aggressively recycling assets and focusing on the fast-growing National Landing area. JBGS investors have endured a long-term loss of share price and as revenues continue declining, there is significant risk of a dividend cut. Read the full article on Seeking Alpha
Upcoming Dividend • Aug 09Upcoming dividend of US$0.23 per share at 5.3% yieldEligible shareholders must have bought the stock before 16 August 2023. Payment date: 31 August 2023. Trailing yield: 5.3%. Within top quartile of American dividend payers (4.7%). In line with average of industry peers (5.5%).
お知らせ • Aug 04JBG SMITH Declares Quarterly Common Cash Dividend, Payable on August 31, 2023JBG SMITH announced that its Board of Trustees has declared a quarterly dividend of $0.225 per common share. The dividend will be paid on August 31, 2023 to common shareholders of record as of August 17, 2023.
お知らせ • Jul 21JBG SMITH Properties to Report Q2, 2023 Results on Aug 08, 2023JBG SMITH Properties announced that they will report Q2, 2023 results After-Market on Aug 08, 2023
Upcoming Dividend • Jun 15Upcoming dividend of US$0.23 per share at 5.9% yieldEligible shareholders must have bought the stock before 22 June 2023. Payment date: 30 June 2023. Trailing yield: 5.9%. Within top quartile of American dividend payers (4.9%). In line with average of industry peers (6.4%).
Price Target Changed • May 19Price target decreased by 7.9% to US$17.50Down from US$19.00, the current price target is an average from 2 analysts. New target price is 16% above last closing price of US$15.11. Stock is down 39% over the past year. The company posted earnings per share of US$0.70 last year.
Reported Earnings • May 11First quarter 2023 earnings released: EPS: US$0.19 (vs US$0 in 1Q 2022)First quarter 2023 results: EPS: US$0.19 (up from US$0 in 1Q 2022). Revenue: US$153.0m (down 7.4% from 1Q 2022). Net income: US$21.2m (up US$21.2m from 1Q 2022). Profit margin: 14% (up from 0% in 1Q 2022). Revenue is expected to decline by 5.6% p.a. on average during the next 2 years, while revenues in the Office REITs industry in the US are expected to grow by 5.3%. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
お知らせ • May 06JBG SMITH Declares Quarterly Common Dividend, Payable on June 30, 2023JBG SMITH announced that its Board of Trustees has declared a quarterly dividend of $0.225 per common share. The dividend will be paid on June 30, 2023 to common shareholders of record as of June 23, 2023.
Recent Insider Transactions • Feb 26Chief Financial Officer recently sold US$757k worth of stockOn the 23rd of February, Moina Banerjee sold around 42k shares on-market at roughly US$18.14 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Moina's only on-market trade for the last 12 months.
Reported Earnings • Feb 22Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: US$0.72 (up from US$0.63 loss in FY 2021). Revenue: US$605.8m (down 3.5% from FY 2021). Net income: US$85.4m (up US$167.5m from FY 2021). Profit margin: 14% (up from net loss in FY 2021). Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 6.7%. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings.
お知らせ • Jan 19JBG SMITH Properties to Report Q4, 2022 Results on Feb 21, 2023JBG SMITH Properties announced that they will report Q4, 2022 results After-Market on Feb 21, 2023
Upcoming Dividend • Dec 21Upcoming dividend of US$0.23 per shareEligible shareholders must have bought the stock before 28 December 2022. Payment date: 12 January 2023. Trailing yield: 4.7%. Within top quartile of American dividend payers (4.5%). Higher than average of industry peers (4.0%).
Recent Insider Transactions Derivative • Nov 21Non-Executive Chairman notifies of intention to sell stockRobert Stewart intends to sell 86k shares in the next 90 days after lodging an Intent To Sell Form on the 16th of November. If the sale is conducted around the recent share price of US$19.17, it would amount to US$1.7m. Since March 2022, Robert's direct individual holding has decreased from 122.79k shares to 86.29k. Company insiders have collectively sold US$2.2m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions • Nov 17Non-Executive Chairman recently sold US$718k worth of stockOn the 14th of November, Robert Stewart sold around 37k shares on-market at roughly US$19.67 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Robert's only on-market trade for the last 12 months.
Price Target Changed • Nov 16Price target decreased to US$22.50Down from US$24.50, the current price target is an average from 2 analysts. New target price is 16% above last closing price of US$19.40. Stock is down 36% over the past year. The company is forecast to post earnings per share of US$0.75 next year compared to a net loss per share of US$0.63 last year.
Price Target Changed • Nov 04Price target decreased to US$22.50Down from US$24.50, the current price target is an average from 2 analysts. New target price is 17% above last closing price of US$19.16. Stock is down 37% over the past year. The company is forecast to post earnings per share of US$0.75 next year compared to a net loss per share of US$0.63 last year.
お知らせ • Nov 03JBG SMITH Properties (NYSE:JBGS) acquired an additional 3.7% stake in The Wren for $9.5 million.JBG SMITH Properties (NYSE:JBGS) acquired an additional 3.7% stake in The Wren for $9.5 million on October 4, 2022. As a result of the transaction, JBG SMITH Properties increased its ownership to 99.7% in The Wren.JBG SMITH Properties (NYSE:JBGS) completed the acquisition of an additional 3.7% stake in The Wren on October 4, 2022.