Shares of JBG SMITH Properties (NYSE:JBGS - Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 1,838,026 shares changed hands during mid-day trading, an increase of 104% from the previous session's volume of 898,841 shares.The stock last traded at $18.16 and had previously closed at $18.24.
Analyst Ratings Changes
Separately, Evercore ISI lifted their price objective on JBG SMITH Properties from $16.00 to $17.00 and gave the company an "underperform" rating in a report on Monday, May 19th.
Check Out Our Latest Analysis on JBG SMITH Properties
JBG SMITH Properties Price Performance
The firm has a market capitalization of $1.30 billion, a P/E ratio of -9.54 and a beta of 1.25. The company has a debt-to-equity ratio of 1.60, a current ratio of 3.40 and a quick ratio of 3.40. The stock's fifty day simple moving average is $16.34 and its 200 day simple moving average is $15.70.
JBG SMITH Properties (NYSE:JBGS - Get Free Report) last announced its earnings results on Tuesday, April 29th. The company reported $0.09 EPS for the quarter, topping analysts' consensus estimates of ($0.42) by $0.51. The business had revenue of $120.69 million during the quarter, compared to the consensus estimate of $124.35 million. JBG SMITH Properties had a negative net margin of 30.02% and a negative return on equity of 8.59%.
JBG SMITH Properties Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, May 22nd. Shareholders of record on Thursday, May 8th were issued a $0.175 dividend. The ex-dividend date of this dividend was Thursday, May 8th. This represents a $0.70 dividend on an annualized basis and a yield of 3.93%. JBG SMITH Properties's dividend payout ratio is presently -37.43%.
Hedge Funds Weigh In On JBG SMITH Properties
A number of large investors have recently added to or reduced their stakes in the company. Citigroup Inc. raised its holdings in JBG SMITH Properties by 1.0% in the first quarter. Citigroup Inc. now owns 3,166,389 shares of the company's stock worth $51,011,000 after purchasing an additional 29,805 shares in the last quarter. Thompson Siegel & Walmsley LLC raised its holdings in JBG SMITH Properties by 7.8% in the fourth quarter. Thompson Siegel & Walmsley LLC now owns 2,299,260 shares of the company's stock worth $35,340,000 after purchasing an additional 167,191 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in JBG SMITH Properties by 3.5% in the first quarter. Charles Schwab Investment Management Inc. now owns 2,298,745 shares of the company's stock worth $37,033,000 after purchasing an additional 78,737 shares in the last quarter. Private Management Group Inc. raised its holdings in JBG SMITH Properties by 0.7% in the first quarter. Private Management Group Inc. now owns 1,732,208 shares of the company's stock worth $27,906,000 after purchasing an additional 11,669 shares in the last quarter. Finally, Northern Trust Corp raised its holdings in JBG SMITH Properties by 1.9% in the first quarter. Northern Trust Corp now owns 1,662,628 shares of the company's stock worth $26,785,000 after purchasing an additional 30,998 shares in the last quarter. 98.46% of the stock is currently owned by institutional investors.
JBG SMITH Properties Company Profile
(
Get Free Report)
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.
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