JBG SMITH Properties (NYSE:JBGS – Get Free Report) announced a quarterly dividend on Thursday, July 30th. Investors of record on Thursday, August 13th will be given a dividend of 0.175 per share on Thursday, August 27th. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date of this dividend is Thursday, August 13th.
JBG SMITH Properties has decreased its dividend payment by an average of 0.0%annually over the last three years. JBG SMITH Properties has a payout ratio of -36.1% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.
JBG SMITH Properties Stock Down 2.7%
JBG SMITH Properties stock opened at $14.13 on Friday. The company has a debt-to-equity ratio of 2.22, a quick ratio of 4.53 and a current ratio of 4.53. The stock’s fifty day moving average is $14.63 and its two-hundred day moving average is $15.21. JBG SMITH Properties has a fifty-two week low of $13.71 and a fifty-two week high of $24.30. The firm has a market capitalization of $823.45 million, a price-to-earnings ratio of -7.56 and a beta of 1.07.
Wall Street Analysts Forecast Growth
A number of analysts recently issued reports on JBGS shares. Weiss Ratings reissued a “sell (d-)” rating on shares of JBG SMITH Properties in a research report on Monday, June 8th. Wall Street Zen upgraded shares of JBG SMITH Properties from a “sell” rating to a “hold” rating in a research note on Saturday, May 9th. Two analysts have rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell” and a consensus target price of $18.50.
Check Out Our Latest Report on JBG SMITH Properties
JBG SMITH Properties Company Profile
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.
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