JBG SMITH Properties (NYSE:JBGS) Stock Price Down 4.6% - Should You Sell?

JBG SMITH Properties (NYSE:JBGS - Get Free Report) shares traded down 4.6% on Tuesday . The stock traded as low as $14.05 and last traded at $14.01. 196,568 shares changed hands during mid-day trading, a decline of 76% from the average session volume of 816,200 shares. The stock had previously closed at $14.68.

JBG SMITH Properties Stock Up 4.3 %

The stock has a market cap of $1.11 billion, a price-to-earnings ratio of -9.07 and a beta of 1.14. The company has a quick ratio of 3.87, a current ratio of 3.73 and a debt-to-equity ratio of 1.42. The stock has a fifty day moving average of $15.12 and a two-hundred day moving average of $15.66.

JBG SMITH Properties (NYSE:JBGS - Get Free Report) last issued its earnings results on Tuesday, April 29th. The company reported $0.09 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.42) by $0.51. JBG SMITH Properties had a negative return on equity of 7.26% and a negative net margin of 26.22%. The business had revenue of $120.69 million during the quarter, compared to analysts' expectations of $124.35 million.

JBG SMITH Properties Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Thursday, May 8th will be paid a $0.175 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 4.62%. The ex-dividend date is Thursday, May 8th. JBG SMITH Properties's dividend payout ratio is presently -37.43%.

Institutional Trading of JBG SMITH Properties

A number of institutional investors have recently added to or reduced their stakes in JBGS. Franklin Resources Inc. purchased a new stake in shares of JBG SMITH Properties in the third quarter worth about $500,000. Harbor Capital Advisors Inc. boosted its holdings in JBG SMITH Properties by 26.1% in the 4th quarter. Harbor Capital Advisors Inc. now owns 63,328 shares of the company's stock worth $973,000 after acquiring an additional 13,100 shares during the period. Inspire Investing LLC grew its position in JBG SMITH Properties by 12.0% in the fourth quarter. Inspire Investing LLC now owns 26,223 shares of the company's stock valued at $403,000 after acquiring an additional 2,818 shares in the last quarter. KBC Group NV raised its stake in shares of JBG SMITH Properties by 64.9% during the fourth quarter. KBC Group NV now owns 5,677 shares of the company's stock valued at $87,000 after purchasing an additional 2,234 shares during the period. Finally, abrdn plc raised its stake in shares of JBG SMITH Properties by 30.6% during the fourth quarter. abrdn plc now owns 21,508 shares of the company's stock valued at $326,000 after purchasing an additional 5,041 shares during the period. 98.46% of the stock is owned by hedge funds and other institutional investors.

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.