JBG SMITH Properties (NYSE:JBGS) Given Average Recommendation of “Hold” by Analysts

JBG SMITH Properties (NYSE:JBGS) has received an average broker rating score of 3.00 (Hold) from the two analysts that cover the company, Zacks Investment Research reports. Two investment analysts have rated the stock with a hold rating.

Brokerages have set a 1 year consensus target price of $41.00 for the company and are anticipating that the company will post $0.45 EPS for the current quarter, according to Zacks. Zacks has also given JBG SMITH Properties an industry rank of 95 out of 255 based on the ratings given to its competitors.

A number of research analysts have recently commented on the company. ValuEngine downgraded JBG SMITH Properties from a “buy” rating to a “hold” rating in a report on Thursday, September 5th. Zacks Investment Research upgraded JBG SMITH Properties from a “sell” rating to a “hold” rating and set a $45.00 price objective on the stock in a report on Tuesday, November 12th. Finally, Bank of America began coverage on JBG SMITH Properties in a research report on Thursday, August 15th. They issued a “neutral” rating and a $42.00 target price for the company.

Several hedge funds and other institutional investors have recently made changes to their positions in JBGS. Marshall Wace North America L.P. acquired a new stake in shares of JBG SMITH Properties in the 1st quarter valued at about $41,000. Steward Partners Investment Advisory LLC acquired a new stake in shares of JBG SMITH Properties in the 2nd quarter valued at about $54,000. Phocas Financial Corp. acquired a new stake in shares of JBG SMITH Properties in the 2nd quarter valued at about $61,000. CWM LLC acquired a new stake in shares of JBG SMITH Properties in the 3rd quarter valued at about $131,000. Finally, Beacon Pointe Advisors LLC acquired a new stake in shares of JBG SMITH Properties in the 2nd quarter valued at about $200,000. 86.21% of the stock is owned by hedge funds and other institutional investors.

Shares of JBGS traded down $0.26 during mid-day trading on Thursday, reaching $39.56. The company’s stock had a trading volume of 323,609 shares, compared to its average volume of 539,616. JBG SMITH Properties has a 12-month low of $33.30 and a 12-month high of $43.21. The stock has a market cap of $5.32 billion, a PE ratio of 22.87, a price-to-earnings-growth ratio of 4.59 and a beta of 0.67. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.94 and a quick ratio of 2.94. The company’s 50 day moving average is $39.83 and its 200 day moving average is $39.43.

The company also recently announced a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Thursday, November 14th were given a $0.225 dividend. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 2.28%. JBG SMITH Properties’s dividend payout ratio (DPR) is presently 52.02%.

About JBG SMITH Properties

JBG SMITH Properties, a real estate investment trust (REIT), owns, operates, invests in, and develops real estate assets in Washington, the United States. It operates in three segments: commercial, multifamily, and third-party asset management and real estate services. The company owns and operates a portfolio of commercial, multifamily, and retail assets, as well as provides fee-based real estate services.

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