JBG SMITH Properties (JBGS) To Go Ex-Dividend on November 6th

JBG SMITH Properties (NYSE:JBGS) declared a quarterly dividend on Thursday, October 23rd. Shareholders of record on Thursday, November 6th will be given a dividend of 0.175 per share on Thursday, November 20th. This represents a c) annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Thursday, November 6th.

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 0.5%

JBGS opened at $21.52 on Friday. The firm has a 50-day simple moving average of $21.76 and a two-hundred day simple moving average of $18.82. JBG SMITH Properties has a 52 week low of $13.28 and a 52 week high of $24.30. The company has a market capitalization of $1.33 billion, a PE ratio of -11.39 and a beta of 1.35. The company has a quick ratio of 3.54, a current ratio of 3.54 and a debt-to-equity ratio of 1.88.

JBG SMITH Properties (NYSE:JBGS) last released its quarterly earnings data on Tuesday, July 29th. The company reported $0.19 EPS for the quarter, beating the consensus estimate of ($0.54) by $0.73. JBG SMITH Properties had a negative net margin of 29.54% and a negative return on equity of 9.20%. The business had revenue of $126.48 million during the quarter, compared to the consensus estimate of $116.76 million.

About JBG SMITH Properties

JBG SMITH Properties is a real estate investment trust, which engages in owning, operating, investing in, and developing a portfolio of mixed-use properties. It operates through the following segments: Multifamily, Commercial, and Other. The Multifamily segment refers to the commercial buildings with public areas, retail spaces, and walkable streets.