JBG SMITH Properties (NYSE:JBGS) Releases Quarterly Earnings Results, Beats Estimates By $0.52 EPS

JBG SMITH Properties (NYSE:JBGS - Get Free Report) posted its quarterly earnings results on Tuesday. The company reported $0.14 EPS for the quarter, beating the consensus estimate of ($0.38) by $0.52, Zacks reports. JBG SMITH Properties had a negative return on equity of 7.26% and a negative net margin of 26.22%. The firm had revenue of $108.43 million during the quarter, compared to analysts' expectations of $116.31 million.

JBG SMITH Properties Trading Down 0.1 %

JBG SMITH Properties stock traded down $0.02 during mid-day trading on Friday, hitting $14.90. The company's stock had a trading volume of 977,538 shares, compared to its average volume of 636,321. The firm has a market capitalization of $1.23 billion, a PE ratio of -8.92 and a beta of 1.11. JBG SMITH Properties has a 1 year low of $13.65 and a 1 year high of $18.86. The company has a current ratio of 3.73, a quick ratio of 3.87 and a debt-to-equity ratio of 1.42. The stock's fifty day moving average is $15.25 and its two-hundred day moving average is $16.50.

JBG SMITH Properties Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 14th. Investors of record on Monday, December 30th were given a $0.175 dividend. The ex-dividend date was Monday, December 30th. This represents a $0.70 annualized dividend and a yield of 4.70%. JBG SMITH Properties's payout ratio is -41.92%.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets lowered JBG SMITH Properties from a "market perform" rating to an "underperform" rating and lowered their price objective for the stock from $18.00 to $15.00 in a research report on Tuesday, December 3rd.

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.