JBG SMITH Properties (NYSE:JBGS) Posts Quarterly Earnings Results

JBG SMITH Properties (NYSE:JBGS) issued its earnings results on Tuesday. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.38) by $0.52, Zacks reports. JBG SMITH Properties had a negative return on equity of 7.05% and a negative net margin of 26.22%. The firm had revenue of $108.43 million for the quarter, compared to analysts’ expectations of $116.31 million.

JBG SMITH Properties Trading Down 0.0 %

Shares of NYSE JBGS traded down $0.00 during trading hours on Thursday, hitting $14.59. 115,731 shares of the company traded hands, compared to its average volume of 555,640. The stock has a market capitalization of $1.23 billion, a price-to-earnings ratio of -8.71 and a beta of 1.11. The company’s 50 day moving average price is $15.30 and its 200 day moving average price is $16.52. JBG SMITH Properties has a 12 month low of $13.65 and a 12 month high of $18.86. The company has a current ratio of 3.87, a quick ratio of 3.87 and a debt-to-equity ratio of 1.38.

JBG SMITH Properties Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 14th. Stockholders of record on Monday, December 30th were issued a $0.175 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 4.80%. The ex-dividend date was Monday, December 30th. JBG SMITH Properties’s dividend payout ratio (DPR) is -41.92%.

Wall Street Analyst Weigh In

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

JBG SMITH Properties Company Profile

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