JBG SMITH Properties (JBGS) Set to Announce Earnings on Tuesday

JBG SMITH Properties (NYSE:JBGS) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, April 30th.

JBG SMITH Properties Stock Performance

Shares of JBGS stock opened at $14.90 on Tuesday. The business’s fifty day simple moving average is $16.16 and its 200-day simple moving average is $15.63. The company has a market cap of $1.37 billion, a PE ratio of -17.74 and a beta of 1.07. The company has a current ratio of 3.33, a quick ratio of 3.33 and a debt-to-equity ratio of 1.14. JBG SMITH Properties has a 12-month low of $12.63 and a 12-month high of $18.17.

JBG SMITH Properties Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were given a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of 4.70%. The ex-dividend date of this dividend was Thursday, February 29th. JBG SMITH Properties’s payout ratio is presently -83.33%.

Wall Street Analysts Forecast Growth

Separately, Evercore ISI reduced their price target on JBG SMITH Properties from $16.00 to $14.50 and set an “underperform” rating on the stock in a research report 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.