View ValuationJBG SMITH Properties 향후 성장Future 기준 점검 0/6JBG SMITH Properties 의 수익과 수익은 각각 연간 8% 및 0% 감소할 것으로 예상됩니다.핵심 정보-0.004%이익 성장률n/aEPS 성장률Office REITs 이익 성장-5.9%매출 성장률-8.0%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트15 May 2026최근 향후 성장 업데이트Price 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.모든 업데이트 보기Recent updatesReported 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%.공시 • 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.공시 • 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.공시 • 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%.공시 • 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%.공시 • 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%.공시 • 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.공시 • 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%.공시 • 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.공시 • 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).공시 • 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%.공시 • 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.공시 • 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 Alpha공시 • 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.공시 • 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%).공시 • 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%.공시 • 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.공시 • 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%.공시 • 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.공시 • 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, 2024공시 • 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.공시 • 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.공시 • 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, 2024공시 • 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.공시 • 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.공시 • 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.공시 • 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%).공시 • 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.공시 • 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, 2023공시 • 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%).공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • Nov 03+ 1 more updateJBG 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.Reported Earnings • Nov 02Third quarter 2022 earnings released: US$0.17 loss per share (vs US$0.001 profit in 3Q 2021)Third quarter 2022 results: US$0.17 loss per share (down from US$0.001 profit in 3Q 2021). Revenue: US$147.6m (down 5.2% from 3Q 2021). Net loss: US$19.3m (down US$19.4m from profit in 3Q 2021). Revenue is expected to decline by 7.2% p.a. on average during the next 2 years, while revenues in the REITs industry in the US are expected to grow by 7.0%. 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 21% per year, which means it has not declined as severely as earnings.이익 및 매출 성장 예측NYSE:JBGS - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2027437-113N/AN/A212/31/2026427-104N/AN/A13/31/2026505-1146464N/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/A더 보기애널리스트 향후 성장 전망수입 대 저축률: JBGS 향후 3년 동안 수익성이 없을 것으로 예상됩니다.수익 vs 시장: JBGS 향후 3년 동안 수익성이 없을 것으로 예상됩니다.고성장 수익: JBGS 향후 3년 동안 수익성이 없을 것으로 예상됩니다.수익 대 시장: JBGS 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -8%).고성장 매출: JBGS 의 수익은 향후 3년 동안 감소할 것으로 예상됩니다(연간 -8%).주당순이익 성장 예측향후 자기자본이익률미래 ROE: JBGS의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YReal-estate 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/25 00:43종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스JBG SMITH Properties는 8명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관John KimBMO Capital Markets Equity ResearchJuan SanabriaBMO Capital Markets Equity ResearchClarence PowellBMO Capital Markets Equity Research5명의 분석가 더 보기
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.
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%.
공시 • 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.
공시 • 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.
공시 • 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%.
공시 • 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%.
공시 • 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%.
공시 • 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.
공시 • 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%.
공시 • 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.
공시 • 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).
공시 • 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%.
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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%).
공시 • 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%.
공시 • 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.
공시 • 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%.
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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%).
공시 • 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.
공시 • 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
공시 • 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%).
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • Nov 03+ 1 more updateJBG 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.
Reported Earnings • Nov 02Third quarter 2022 earnings released: US$0.17 loss per share (vs US$0.001 profit in 3Q 2021)Third quarter 2022 results: US$0.17 loss per share (down from US$0.001 profit in 3Q 2021). Revenue: US$147.6m (down 5.2% from 3Q 2021). Net loss: US$19.3m (down US$19.4m from profit in 3Q 2021). Revenue is expected to decline by 7.2% p.a. on average during the next 2 years, while revenues in the REITs industry in the US are expected to grow by 7.0%. 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 21% per year, which means it has not declined as severely as earnings.