JBG SMITH Properties

DB:JBG Stock Report

Market Cap: €1.5b

JBG SMITH Properties Management

Management criteria checks 2/4

JBG SMITH Properties' CEO is Matt Kelly, appointed in Jul 2017, has a tenure of 7.42 years. total yearly compensation is $7.88M, comprised of 9.5% salary and 90.5% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth €1.60M. The average tenure of the management team and the board of directors is 4 years and 7.4 years respectively.

Key information

Matt Kelly

Chief executive officer

US$7.9m

Total compensation

CEO salary percentage9.5%
CEO tenure7.4yrs
CEO ownership0.1%
Management average tenure4yrs
Board average tenure7.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Matt Kelly's remuneration changed compared to JBG SMITH Properties's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$118m

Jun 30 2024n/an/a

-US$150m

Mar 31 2024n/an/a

-US$135m

Dec 31 2023US$8mUS$750k

-US$82m

Sep 30 2023n/an/a

-US$69m

Jun 30 2023n/an/a

-US$30m

Mar 31 2023n/an/a

US$105m

Dec 31 2022US$8mUS$750k

US$84m

Sep 30 2022n/an/a

US$45m

Jun 30 2022n/an/a

US$66m

Mar 31 2022n/an/a

-US$61m

Dec 31 2021US$16mUS$750k

-US$82m

Sep 30 2021n/an/a

-US$71m

Jun 30 2021n/an/a

-US$95m

Mar 31 2021n/an/a

-US$129m

Dec 31 2020US$7mUS$750k

-US$65m

Sep 30 2020n/an/a

US$15m

Jun 30 2020n/an/a

US$47m

Mar 31 2020n/an/a

US$81m

Dec 31 2019US$5mUS$750k

US$63m

Sep 30 2019n/an/a

US$28m

Jun 30 2019n/an/a

US$42m

Mar 31 2019n/an/a

US$66m

Dec 31 2018US$11mUS$750k

US$37m

Sep 30 2018n/an/a

US$23m

Jun 30 2018n/an/a

-US$69m

Mar 31 2018n/an/a

-US$84m

Dec 31 2017US$6mUS$343k

-US$73m

Compensation vs Market: Matt's total compensation ($USD7.88M) is above average for companies of similar size in the German market ($USD1.51M).

Compensation vs Earnings: Matt's compensation has increased whilst the company is unprofitable.

CEO

Matt Kelly (51 yo)

7.4yrs

Tenure

US$7,884,883

Compensation

Mr. W. Matthew Kelly, also known as Matt, serves as Chief Executive Officer and Trustee of JBG SMITH Properties (JBG”) since July 18, 2017. Mr. Kelly worked at JBG from August 2004 up until the formation t...

Leadership Team

NamePositionTenureCompensationOwnership
W. Kelly
CEO & Trustee7.4yrsUS$7.88m0.11%
€ 1.6m
Moina Banerjee
Chief Financial Officer4yrsUS$2.63mno data
George Xanders
Chief Investment Officer3.9yrsUS$2.35m0.0099%
€ 143.8k
Steven Museles
Chief Legal Officer & Corporate Secretary7.4yrsUS$1.95m0.0069%
€ 100.3k
Kevin Reynolds
Chief Development Officer7.4yrsUS$2.76m0.000010%
€ 145.6
Angela Valdes
Chief Accounting Officer3.9yrsno data0.012%
€ 173.9k
Kevin Connolly
Executive VP of Portfolio Management & Investor Relationsless than a yearno datano data
Bud Perrone
Managing Director of Mediano datano datano data
Stephen Theriot
Senior Adviser3.9yrsUS$2.23mno data
Patrick Tyrrell
Chief of Property Operations1.8yrsno datano data
A. Jackson
Executive Vice President of Social Impact Investments6.6yrsno datano data
Gregory Trimmer
Partner4.9yrsno datano data

4.0yrs

Average Tenure

54yo

Average Age

Experienced Management: JBG's management team is considered experienced (4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
W. Kelly
CEO & Trustee7.4yrsUS$7.88m0.11%
€ 1.6m
Carol Melton
Independent Trustee7.4yrsUS$204.99k0.0030%
€ 43.1k
Steven Roth
Chairman Emeritus3.6yrsUS$133.31kno data
D. Shuman
Independent Trustee7.4yrsUS$211.66kno data
Alan Forman
Independent Trustee7.4yrsUS$204.99k0.0063%
€ 92.4k
Scott Estes
Independent Trustee7.4yrsUS$224.99k0.036%
€ 516.9k
William Mulrow
Independent Trustee7.4yrsUS$214.99kno data
Phyllis Caldwell
Independent Trustee3.8yrsUS$204.99k0%
€ 0
Robert Stewart
Independent Chairman7.9yrsUS$199.99k0.036%
€ 516.9k
Michael Glosserman
Independent Trustee7.4yrsUS$209.99kno data
Alisa Mall
Independent Trustee4.7yrsUS$214.99kno data

7.4yrs

Average Tenure

64yo

Average Age

Experienced Board: JBG's board of directors are considered experienced (7.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 17:11
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

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Analyst Sources

JBG SMITH Properties is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John KimBMO Capital Markets Equity Research
Clarence PowellBMO Capital Markets Equity Research
James FeldmanBofA Global Research