JBG SMITH Properties (NYSE:JBGS) Reaches New 12-Month Low – Time to Sell?

JBG SMITH Properties (NYSE:JBGS) reached a new 52-week low on Tuesday . The company traded as low as $14.00 and last traded at $14.13, with a volume of 201902 shares trading hands. The stock had previously closed at $14.60.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on JBGS shares. Wall Street Zen upgraded shares of JBG SMITH Properties from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Weiss Ratings reiterated a “sell (d)” rating on shares of JBG SMITH Properties in a research report on Thursday, January 22nd. Two analysts have rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell” and a consensus price target of $18.50.

JBG SMITH Properties Trading Up 1.5%

The firm has a market capitalization of $841.39 million, a price-to-earnings ratio of 20.93 and a beta of 1.09. The company has a debt-to-equity ratio of 2.22, a current ratio of 4.53 and a quick ratio of 4.53. The firm’s 50-day simple moving average is $14.93 and its 200 day simple moving average is $16.28.

JBG SMITH Properties (NYSE:JBGS) last announced its quarterly earnings data on Tuesday, May 5th. The company reported ($0.32) EPS for the quarter. JBG SMITH Properties had a negative net margin of 22.16% and a negative return on equity of 9.32%. The firm had revenue of $127.60 million for the quarter.

JBG SMITH Properties Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 28th. Shareholders of record on Thursday, May 14th will be given a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a yield of 4.8%. The ex-dividend date is Thursday, May 14th. JBG SMITH Properties’s payout ratio is currently -37.43%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in JBGS. CWM LLC increased its holdings in shares of JBG SMITH Properties by 65.1% during the third quarter. CWM LLC now owns 1,294 shares of the company’s stock worth $29,000 after buying an additional 510 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of JBG SMITH Properties by 78.4% during the third quarter. Smartleaf Asset Management LLC now owns 1,479 shares of the company’s stock worth $32,000 after buying an additional 650 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in shares of JBG SMITH Properties by 151.8% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,637 shares of the company’s stock worth $36,000 after buying an additional 987 shares in the last quarter. Los Angeles Capital Management LLC acquired a new position in shares of JBG SMITH Properties during the fourth quarter worth $39,000. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of JBG SMITH Properties by 113.6% during the second quarter. EverSource Wealth Advisors LLC now owns 3,273 shares of the company’s stock worth $57,000 after buying an additional 1,741 shares in the last quarter. 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.