JBG SMITH Properties (NYSE:JBGS) Rating Lowered to Sell at Wall Street Zen

Key Points

• Wall Street Zen downgraded JBG SMITH Properties from "hold" to "sell" and Weiss Ratings reaffirmed a "sell," leaving the consensus rating at Sell with an average price target of $18.50.
• The company reported a quarterly EPS of ($0.78), missing estimates by $0.31, and showed negative return on equity (‑10.61%) and net margin (‑27.89%) despite a slight revenue beat.
• Shares are trading around $14.32, below the 50‑day ($15.48) and 200‑day ($17.82) moving averages, with a market cap of about $845 million and roughly 98.46% institutional ownership.

JBG SMITH Properties (NYSE:JBGS - Get Free Report) was downgraded by equities research analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a research report issued to clients and investors on Saturday.

Separately, Weiss Ratings reaffirmed a "sell (d)" rating on shares of JBG SMITH Properties in a research report on Thursday, January 22nd. Two equities research analysts have rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of "Sell" and an average price target of $18.50.

JBG SMITH Properties Stock Down 0.1%

Shares of NYSE:JBGS opened at $14.32 on Friday. The stock has a fifty day simple moving average of $15.48 and a two-hundred day simple moving average of $17.82. The stock has a market capitalization of $844.96 million, a price-to-earnings ratio of -6.79 and a beta of 1.14. JBG SMITH Properties has a 12-month low of $13.28 and a 12-month high of $24.30. The company has a current ratio of 3.63, a quick ratio of 3.63 and a debt-to-equity ratio of 2.16.

JBG SMITH Properties (NYSE:JBGS - Get Free Report) last released its earnings results on Tuesday, February 17th. The company reported ($0.78) EPS for the quarter, missing the consensus estimate of ($0.47) by ($0.31). JBG SMITH Properties had a negative return on equity of 10.61% and a negative net margin of 27.89%.The company had revenue of $127.56 million during the quarter, compared to the consensus estimate of $122.44 million.

Institutional Investors Weigh In On JBG SMITH Properties

Hedge funds and other institutional investors have recently made changes to their positions in the business. Hsbc Holdings PLC lifted its stake in shares of JBG SMITH Properties by 15.0% in the 4th quarter. Hsbc Holdings PLC now owns 106,237 shares of the company's stock worth $1,807,000 after purchasing an additional 13,897 shares during the period. Corient Private Wealth LLC grew its position in JBG SMITH Properties by 86.7% during the fourth quarter. Corient Private Wealth LLC now owns 17,875 shares of the company's stock valued at $304,000 after buying an additional 8,302 shares during the period. Kera Capital Partners Inc. purchased a new stake in JBG SMITH Properties during the fourth quarter valued at approximately $241,000. Invesco Ltd. increased its holdings in JBG SMITH Properties by 0.4% during the fourth quarter. Invesco Ltd. now owns 589,873 shares of the company's stock valued at $10,034,000 after buying an additional 2,299 shares during the last quarter. Finally, XTX Topco Ltd bought a new position in JBG SMITH Properties in the fourth quarter worth approximately $517,000. Hedge funds and other institutional investors own 98.46% of the company's stock.

JBG SMITH Properties Company Profile

JBG SMITH Properties is a publicly traded real estate investment trust specializing in the acquisition, development and management of mixed-use properties in the Washington, DC metropolitan area. The company's portfolio encompasses office, residential, retail, hotel and entertainment assets, with a strategic focus on high-growth urban and transit-oriented neighborhoods in the District of Columbia, Northern Virginia and suburban Maryland.

The company actively develops large-scale, mixed-use communities designed to integrate living, working and leisure spaces.

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