JBG SMITH Properties (NYSE:JBGS) Posts Earnings Results, Beats Estimates By $0.14 EPS

JBG SMITH Properties (NYSE:JBGS) issued its earnings results on Tuesday. The company reported ($0.27) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.41) by $0.14, Zacks reports. The company had revenue of $135.32 million for the quarter. JBG SMITH Properties had a negative return on equity of 6.47% and a negative net margin of 25.40%.

JBG SMITH Properties Price Performance

Shares of NYSE JBGS traded down $0.07 during trading hours on Friday, reaching $16.10. The stock had a trading volume of 467,757 shares, compared to its average volume of 1,005,101. The company has a debt-to-equity ratio of 1.17, a quick ratio of 3.60 and a current ratio of 3.60. The business’s fifty day moving average is $15.36 and its two-hundred day moving average is $15.73. JBG SMITH Properties has a twelve month low of $12.63 and a twelve month high of $18.17.

JBG SMITH Properties Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 21st. Investors of record on Wednesday, August 7th will be paid a $0.175 dividend. The ex-dividend date of this dividend is Wednesday, August 7th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 4.35%. JBG SMITH Properties’s payout ratio is -50.36%.

Analysts Set New Price Targets

Separately, Evercore ISI lowered their price target on JBG SMITH Properties from $16.00 to $14.50 and set an “underperform” rating for the company in a research note on Wednesday, April 10th.

JBG SMITH Properties Company Profile

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.