JBG SMITH Properties Plans Quarterly Dividend of $0.18 (NYSE:JBGS)

Key Points

• JBG SMITH Properties declared a quarterly dividend of $0.175 per share, payable May 28 to shareholders of record (ex-dividend date) on May 14, representing an annualized yield of about 4.6%.
• The dividend appears unsustainable: the company has a payout ratio of -36.1% (relying on its balance sheet), reported quarterly EPS of -$0.78 (missing estimates), and posted negative ROE and net margin.
• Shares trade near $15.06 with a market capitalization of roughly $889 million and a 12‑month range of $14.03–$24.30, while institutional investors own about 98.46% of the stock.

JBG SMITH Properties (NYSE:JBGS - Get Free Report) declared a quarterly dividend on Thursday, April 30th. Shareholders of record on Thursday, May 14th will be paid a dividend of 0.175 per share on Thursday, May 28th. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend is Thursday, May 14th.

JBG SMITH Properties has decreased its dividend by an average of 0.0%per year over the last three years. JBG SMITH Properties has a payout ratio of -36.1% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.

JBG SMITH Properties Stock Performance

JBGS stock opened at $15.06 on Friday. The company has a quick ratio of 3.63, a current ratio of 3.63 and a debt-to-equity ratio of 2.16. The company has a market capitalization of $888.93 million, a price-to-earnings ratio of -7.13 and a beta of 1.14. JBG SMITH Properties has a 12 month low of $14.03 and a 12 month high of $24.30. The firm has a 50 day moving average of $15.03 and a two-hundred day moving average of $16.87.

JBG SMITH Properties (NYSE:JBGS - Get Free Report) last issued its quarterly earnings data on Tuesday, February 17th. The company reported ($0.78) earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 business had revenue of $127.56 million during the quarter, compared to the consensus estimate of $122.44 million.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Hsbc Holdings PLC increased its stake in JBG SMITH Properties by 7.0% during the first quarter. Hsbc Holdings PLC now owns 113,691 shares of the company's stock valued at $1,661,000 after acquiring an additional 7,454 shares during the period. Resona Asset Management Co. Ltd. boosted its position in shares of JBG SMITH Properties by 3.6% during the first quarter. Resona Asset Management Co. Ltd. now owns 26,440 shares of the company's stock worth $389,000 after purchasing an additional 914 shares in the last quarter. AdvisorShares Investments LLC bought a new position in JBG SMITH Properties during the first quarter worth about $434,000. Heritage Investors Management Corp lifted its holdings in JBG SMITH Properties by 20.4% during the first quarter. Heritage Investors Management Corp now owns 14,619 shares of the company's stock worth $214,000 after acquiring an additional 2,477 shares in the last quarter. Finally, IFM Investors Pty Ltd acquired a new position in JBG SMITH Properties in the first quarter valued at about $141,000. 98.46% of the stock is currently owned by institutional investors and hedge funds.

About JBG SMITH Properties

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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