JBG SMITH Properties (JBGS) to Release Earnings on Tuesday

JBG SMITH Properties (NYSE:JBGS – Get Rating) is scheduled to be announcing its earnings results after the market closes on Tuesday, May 3rd. Analysts expect the company to announce earnings of $0.38 per share for the quarter.

JBG SMITH Properties (NYSE:JBGS – Get Rating) last issued its earnings results on Tuesday, February 22nd. The company reported ($0.45) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.33 by ($0.78). JBG SMITH Properties had a negative net margin of 12.49% and a negative return on equity of 2.56%. During the same quarter in the prior year, the company posted $0.25 earnings per share. On average, analysts expect JBG SMITH Properties to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of JBGS stock opened at $27.72 on Tuesday. The stock’s fifty day moving average is $28.10. The company has a debt-to-equity ratio of 0.84, a current ratio of 5.08 and a quick ratio of 5.08. JBG SMITH Properties has a 12-month low of $25.33 and a 12-month high of $34.98. The company has a market capitalization of $3.53 billion, a P/E ratio of -43.31, a price-to-earnings-growth ratio of 3.12 and a beta of 0.85.

Several equities research analysts have recently issued reports on JBGS shares. Wolfe Research started coverage on shares of JBG SMITH Properties in a research report on Wednesday, January 5th. They set an “outperform” rating and a $37.00 price objective for the company. Zacks Investment Research downgraded shares of JBG SMITH Properties from a “hold” rating to a “sell” rating in a research report on Monday.

Several hedge funds have recently modified their holdings of JBGS. Barclays PLC grew its position in JBG SMITH Properties by 89.6% in the fourth quarter. Barclays PLC now owns 315,812 shares of the company’s stock valued at $9,066,000 after purchasing an additional 149,204 shares in the last quarter. Squarepoint Ops LLC bought a new position in JBG SMITH Properties in the fourth quarter valued at $661,000. Citadel Advisors LLC grew its position in JBG SMITH Properties by 1,012.6% in the fourth quarter. Citadel Advisors LLC now owns 87,893 shares of the company’s stock valued at $2,523,000 after purchasing an additional 79,993 shares in the last quarter. Cubist Systematic Strategies LLC grew its position in JBG SMITH Properties by 19.0% in the fourth quarter. Cubist Systematic Strategies LLC now owns 92,412 shares of the company’s stock valued at $2,653,000 after purchasing an additional 14,742 shares in the last quarter. Finally, Metropolitan Life Insurance Co NY grew its position in JBG SMITH Properties by 5.6% in the fourth quarter. Metropolitan Life Insurance Co NY now owns 28,113 shares of the company’s stock valued at $807,000 after purchasing an additional 1,492 shares in the last quarter. 79.57% of the stock is owned by institutional investors.

About JBG SMITH Properties (Get Rating)

JBG SMITH is an S&P 400 company that owns, operates, invests in and develops a dynamic portfolio of high-growth mixed-use properties in and around Washington, DC. Through an intense focus on placemaking, JBG SMITH cultivates vibrant, amenity-rich, walkable neighborhoods throughout the Capital region, including National Landing where it serves as the exclusive developer for Amazon's new headquarters.

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