Analysts Expect JBG SMITH Properties (NYSE:JBGS) to Announce $0.45 Earnings Per Share

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Shares of JBG SMITH Properties (NYSE:JBGS) have been given a consensus broker rating score of 3.00 (Hold) from the two analysts that cover the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a hold recommendation.

Brokerages have set a one year consensus price target of $41.00 for the company and are forecasting that the company will post $0.45 EPS for the current quarter, according to Zacks. Zacks has also given JBG SMITH Properties an industry rank of 91 out of 255 based on the ratings given to related companies.

A number of equities analysts have commented on JBGS shares. ValuEngine downgraded shares of JBG SMITH Properties from a “buy” rating to a “hold” rating in a research note on Thursday, September 5th. Zacks Investment Research downgraded shares of JBG SMITH Properties from a “hold” rating to a “sell” rating in a research note on Wednesday. Finally, Bank of America started coverage on shares of JBG SMITH Properties in a research note on Thursday, August 15th. They issued a “neutral” rating and a $42.00 target price on the stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. SG Americas Securities LLC boosted its stake in shares of JBG SMITH Properties by 9.7% during the third quarter. SG Americas Securities LLC now owns 32,345 shares of the company’s stock valued at $1,268,000 after purchasing an additional 2,857 shares in the last quarter. 6 Meridian boosted its stake in shares of JBG SMITH Properties by 9.5% during the third quarter. 6 Meridian now owns 14,208 shares of the company’s stock valued at $557,000 after purchasing an additional 1,234 shares in the last quarter. California Public Employees Retirement System boosted its stake in shares of JBG SMITH Properties by 40.3% during the third quarter. California Public Employees Retirement System now owns 257,128 shares of the company’s stock valued at $10,082,000 after purchasing an additional 73,829 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. boosted its stake in shares of JBG SMITH Properties by 17.2% during the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 162,275 shares of the company’s stock valued at $6,363,000 after purchasing an additional 23,762 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its stake in shares of JBG SMITH Properties by 43.7% during the third quarter. Steward Partners Investment Advisory LLC now owns 1,976 shares of the company’s stock valued at $77,000 after purchasing an additional 601 shares in the last quarter. Hedge funds and other institutional investors own 86.65% of the company’s stock.

JBG SMITH Properties stock traded up $0.02 during midday trading on Tuesday, reaching $39.68. The stock had a trading volume of 522,969 shares, compared to its average volume of 550,731. The company has a quick ratio of 3.65, a current ratio of 3.65 and a debt-to-equity ratio of 0.48. The firm has a market cap of $5.35 billion, a price-to-earnings ratio of 22.94, a price-to-earnings-growth ratio of 8.86 and a beta of 0.69. The company has a fifty day moving average of $39.50 and a 200 day moving average of $39.73. JBG SMITH Properties has a 52-week low of $33.30 and a 52-week high of $43.21.

The business also recently announced a dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 14th will be paid a $0.225 dividend. The ex-dividend date is Wednesday, November 13th. JBG SMITH Properties’s dividend payout ratio is currently 52.02%.

About JBG SMITH Properties

JBG SMITH Properties, a real estate investment trust (REIT), owns, operates, invests in, and develops real estate assets in Washington, the United States. It operates in three segments: commercial, multifamily, and third-party asset management and real estate services. The company owns and operates a portfolio of commercial, multifamily, and retail assets, as well as provides fee-based real estate services.

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