Shares of JBG SMITH Properties (NYSE:JBGS) have been given an average broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating. JBG SMITH Properties’ rating score has improved by 40% in the last 90 days as a result of various analysts’ upgrades and downgrades.

Brokers have set a twelve-month consensus price target of $37.00 for the company and are anticipating that the company will post $0.45 EPS for the current quarter, according to Zacks. Zacks has also assigned JBG SMITH Properties an industry rank of 145 out of 257 based on the ratings given to its competitors.

A number of equities analysts have recently issued reports on JBGS shares. ValuEngine upgraded shares of JBG SMITH Properties from a “hold” rating to a “buy” rating in a research report on Tuesday, November 20th. Stifel Nicolaus upgraded shares of JBG SMITH Properties from a “sell” rating to a “hold” rating and raised their target price for the stock from $34.00 to $37.00 in a research report on Monday, October 22nd. Finally, Zacks Investment Research upgraded shares of JBG SMITH Properties from a “sell” rating to a “hold” rating in a research report on Tuesday, October 16th.

In related news, insider James Lee Iker sold 23,836 shares of the stock in a transaction on Monday, November 5th. The stock was sold at an average price of $39.35, for a total transaction of $937,946.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Charles E. Haldeman purchased 15,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 14th. The shares were bought at an average cost of $38.45 per share, with a total value of $576,750.00. Following the completion of the acquisition, the director now owns 35,000 shares of the company’s stock, valued at $1,345,750. The disclosure for this purchase can be found here. Over the last ninety days, insiders have sold 578,344 shares of company stock valued at $22,870,551. Corporate insiders own 13.33% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in shares of JBG SMITH Properties by 2.1% during the third quarter. Vanguard Group Inc. now owns 15,788,085 shares of the company’s stock worth $581,475,000 after purchasing an additional 326,743 shares during the period. BlackRock Inc. lifted its holdings in shares of JBG SMITH Properties by 14.3% during the third quarter. BlackRock Inc. now owns 12,609,716 shares of the company’s stock worth $464,418,000 after purchasing an additional 1,573,860 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of JBG SMITH Properties by 2.2% during the third quarter. JPMorgan Chase & Co. now owns 4,382,532 shares of the company’s stock worth $161,409,000 after purchasing an additional 93,434 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of JBG SMITH Properties by 6.3% during the third quarter. Dimensional Fund Advisors LP now owns 1,542,532 shares of the company’s stock worth $56,807,000 after purchasing an additional 92,006 shares during the period. Finally, Northern Trust Corp lifted its holdings in shares of JBG SMITH Properties by 8.7% during the second quarter. Northern Trust Corp now owns 1,356,048 shares of the company’s stock worth $49,455,000 after purchasing an additional 108,568 shares during the period. 76.72% of the stock is owned by hedge funds and other institutional investors.

Shares of JBGS opened at $39.68 on Thursday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 3.79 and a current ratio of 3.79. The company has a market cap of $4.85 billion, a PE ratio of 23.18 and a beta of 0.03. JBG SMITH Properties has a 12-month low of $30.86 and a 12-month high of $40.72.

The business also recently declared a quarterly dividend, which was paid on Monday, November 26th. Investors of record on Tuesday, November 13th were issued a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a dividend yield of 2.27%. The ex-dividend date of this dividend was Friday, November 9th.

JBG SMITH Properties Company Profile

JBG SMITH Properties, a real estate investment trust (REIT), owns, operates, invests in, and develops real estate assets in Washington, the United States. The company's assets consist of office, multifamily, and retail properties. As of December 31, 2017, its operating portfolio consisted of 69 operating assets comprising 51 office assets, 14 multifamily assets, and 4 other assets.

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