JBG SMITH Properties/$JBGS

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About JBG SMITH Properties

JBG SMITH Properties is a real estate investment trust based in the United States. It owns, operates, invests in, and develops real estate assets concentrated in amenity-rich, metro-served submarkets in and around Washington, DC. In addition, the company also provides fee-based real estate services to legacy funds through its third-party real estate services business. The operating segments of the company are commercial, multifamily, and third-party asset management and real estate services. It generates maximum revenue from the commercial segment.

Ticker

$JBGS

Primary listing

NYSE

Employees

645

JBGS Metrics

BasicAdvanced
$1.3B
-
-$1.92
1.21
$0.70
3.26%

What the Analysts think about JBGS

Analyst ratings (Buy, Hold, Sell) for JBG SMITH Properties stock.

Bulls say / Bears say

JBG SMITH acquired Tysons Dulles Plaza for $42.3 million—less than a third of its 2017 valuation—securing a cap rate above 20% on a 500,000-square-foot office portfolio, setting up the company for strong returns when the office market rebounds (CoStar News; GlobeSt).
As of June 30, 2025, JBG SMITH had $61.4 million in cash and $524 million of undrawn revolving credit, offering significant liquidity to pursue investments and absorb cash flow swings (Nasdaq).
In Q2 2025, JBG SMITH bought back 11.2 million shares for $184.9 million at an average price of $16.54, showing management’s confidence in the company’s intrinsic value and reducing the share count by more than 12% since the end of 2024 (Nasdaq).
JBG SMITH posted a net loss of $19.2 million (–$0.29 per share) in Q2 2025, with FFO falling to $0.15 per share from $0.16 per share a year ago, highlighting ongoing profitability challenges (GuruFocus).
In Q1 2025, JBG SMITH’s FFO dropped sharply to $7.2 million from $26.9 million year-over-year—a 73% decrease—due to 'historically distressed' DC office pricing and weak leasing activity (CoStar News).
At June 30, 2025, net debt/annualized adjusted EBITDA was 11.8× and net debt/total enterprise value was 65.3%, indicating high leverage that may constrain financial flexibility if market or interest rate conditions deteriorate (Nasdaq).
Data summarised monthly by Lightyear AI. Last updated on 30 Aug 2025.

JBGS Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

JBGS Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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