JBG SMITH Properties (JBGS) Set to Announce Earnings on Tuesday

JBG SMITH Properties (NYSE:JBGS) will be releasing its earnings data after the market closes on Tuesday, October 29th.

JBG SMITH Properties (NYSE:JBGS) last posted its earnings results on Tuesday, July 30th. The company reported ($0.27) EPS for the quarter, topping analysts’ consensus estimates of ($0.41) by $0.14. JBG SMITH Properties had a negative return on equity of 6.64% and a negative net margin of 25.40%. The company had revenue of $135.32 million for the quarter.

JBG SMITH Properties Trading Down 1.5 %

Shares of NYSE JBGS opened at $17.98 on Monday. The business’s 50 day moving average is $17.72 and its two-hundred day moving average is $16.15. The company has a debt-to-equity ratio of 1.29, a current ratio of 3.88 and a quick ratio of 3.88. JBG SMITH Properties has a 1-year low of $12.63 and a 1-year high of $18.86. The stock has a market capitalization of $1.56 billion, a P/E ratio of -11.53 and a beta of 1.10.

JBG SMITH Properties Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, November 7th will be paid a dividend of $0.175 per share. The ex-dividend date of this dividend is Thursday, November 7th. This represents a $0.70 annualized dividend and a yield of 3.89%. JBG SMITH Properties’s payout ratio is currently -44.87%.

Wall Street Analysts Forecast Growth

Separately, Evercore ISI boosted their price objective on JBG SMITH Properties from $16.00 to $17.00 and gave the stock an “underperform” rating in a research note on Monday, September 16th.

About JBG SMITH Properties

JBG SMITH owns, operates, invests in, and develops mixed-use properties in high growth and high barrier-to-entry submarkets in and around Washington, DC, most notably National Landing. Through an intense focus on placemaking, JBG SMITH cultivates vibrant, amenity-rich, walkable neighborhoods throughout the Washington, DC metropolitan area.