JBGS Stock Analysis: JBG SMITH Properties | NYSE
REIT - Diversified | NYSE, USA | Market Cap: 1.152m USD | 12M Return: -13.8% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 8.18M
Qual. Beats: -2
Rev. Trend: -97.2%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 9 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
JBG SMITH Properties (NYSE: JBGS) is a diversified real estate investment trust (REIT) that owns, operates, and develops mixed-use properties concentrated in amenity-rich, transit-served submarkets in and around Washington, DC. The companys strategy centers on placemaking-cultivating walkable, amenitized neighborhoods-most notably National Landing, a submarket widely associated with Amazons HQ2 campus in Arlington, VA.
Its portfolio spans multifamily, office, and retail assets, and the company maintains a sizable development pipeline, reflecting the asset-heavy, lease-based revenue model common to REITs. Headquartered in Bethesda, Maryland, JBG SMITH was incorporated in 2016 and trades as a small-cap stock on the NYSE.
- Washington DC office demand weakens on federal workforce reductions
- National Landing development pipeline advances with Amazon anchor tenancy
- Multifamily same-store NOI growth offsets office segment headwinds
| Net Income: -112.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA 2.23 > 1.0 |
| NWC/Revenue: 6.42% < 20% (prev 10.19%; Δ -3.76% < -1%) |
| CFO/TA 0.01 > 3% & CFO 63.5m > Net Income -112.0m |
| Net Debt (2.53b) to EBITDA (184.0m): 13.76 < 3 |
| Current Ratio: 1.11 > 1.5 & < 3 |
| Outstanding Shares: last quarter (59.1m) vs 12m ago -27.54% < -2% |
| Gross Margin: 35.04% > 18% (prev 49.55%; Δ -14.51% > 0.5%) |
| Asset Turnover: 11.15% > 50% (prev 11.05%; Δ 0.10% > 0%) |
| Interest Coverage Ratio: -0.07 > 6 (EBIT TTM -9.40m / Interest Expense TTM 128.9m) |
| A: 0.01 (Total Current Assets 334.3m - Total Current Liabilities 301.8m) / Total Assets 4.34b |
| B: -0.28 (Retained Earnings -1.20b / Total Assets 4.34b) |
| C: -0.00 (EBIT TTM -9.40m / Avg Total Assets 4.53b) |
| D: 0.42 (Book Value of Equity 1.14b / Total Liabilities 2.70b) |
| Altman-Z'' = -0.42 = B |
| DSRI: 1.13 (Receivables 210.8m/193.5m, Revenue 505.5m/522.8m) |
| GMI: 1.41 (GM 49.55% / 35.04%) |
| AQI: 15.84 (AQ_t 0.91 / AQ_t-1 0.06) |
| SGI: 0.97 (Revenue 505.5m / 522.8m) |
| TATA: -0.04 (NI -112.0m - CFO 63.5m) / TA 4.34b) |
| Beneish M = 6.23 (Cap -4..+1) = D |
As of July 17, 2026, the stock is trading at USD 15.06 with a total of 570,241 shares traded. Over the past week, the price has changed by +4.58%, over one month by +5.09%, over three months by -2.10% and over the past year by -13.83%.
Current recommended Stop Loss: 13.80 (which is 8.4% or 2.9 ATR below the current price).
JBG SMITH Properties has received a consensus analysts rating of 2.00. Therefore, it is recommended to sell JBGS.
- StrongBuy: 0
- Buy: 0
- Hold: 1
- Sell: 1
- StrongSell: 1
| Analysts Target Price | 15 | -0.4% |
P/S = 2.278
P/B = 0.7492
Revenue TTM = 505.5m USD
EBIT TTM = -9.40m USD
EBITDA TTM = 184.0m USD
Long Term Debt = 2.30b USD (from longTermDebt, last quarter)
Short Term Debt = 230.0m USD (from shortTermDebt, last quarter)
Debt = 2.61b USD (from shortLongTermDebtTotal, last quarter) + Leases 40.1m
Net Debt = 2.53b USD (calculated: Debt 2.61b - CCE 79.8m)
Enterprise Value = 3.68b USD (1.15b + Debt 2.61b - CCE 79.8m)
Interest Coverage Ratio = -0.07 (Ebit TTM -9.40m / Interest Expense TTM 128.9m)
EV/FCF = 350.4x (Enterprise Value 3.68b / FCF TTM 10.5m)
FCF Yield = 0.29% (FCF TTM 10.5m / Enterprise Value 3.68b)
FCF Margin = 2.08% (FCF TTM 10.5m / Revenue TTM 505.5m)
Net Margin = -22.16% (Net Income TTM -112.0m / Revenue TTM 505.5m)
Gross Margin = 35.04% ((Revenue TTM 505.5m - Cost of Revenue TTM 328.4m) / Revenue TTM)
Gross Margin QoQ = -8.83% (prev 48.66%)
Tobins Q-Ratio = 0.85 (Enterprise Value 3.68b / Total Assets 4.34b)
Interest Expense / Debt = 4.94% (Interest Expense 128.9m / Debt 2.61b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -7.43m (EBIT -9.40m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.11 (Total Current Assets 334.3m / Total Current Liabilities 301.8m)
Debt / Equity = 2.29 (Debt 2.61b / totalStockholderEquity, last quarter 1.14b)
Debt / EBITDA = 13.76 (Net Debt 2.53b / EBITDA 184.0m)
Debt / FCF = 240.9 (Net Debt 2.53b / FCF TTM 10.5m)
Total Stockholder Equity = 1.20b (last 4 quarters mean from totalStockholderEquity)
RoA = -2.47% (Net Income -112.0m / Total Assets 4.34b)
RoE = -9.32% (Net Income TTM -112.0m / Total Stockholder Equity 1.20b)
RoCE = -0.27% (EBIT -9.40m / Capital Employed (Equity 1.20b + L.T.Debt 2.30b))
RoIC = -0.18% (negative operating profit) (NOPAT -7.43m / Invested Capital 4.24b)
WACC = 4.88% (E(1.15b)/V(3.76b) * Re(7.11%) + D(2.61b)/V(3.76b) * Rd(4.94%) * (1-Tc(0.21)))
Discount Rate = 7.11% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -96.84 | Cagr: -19.20%
[DCF] Terminal Value 75.44% ; FCFF base≈10.5m ; Y1≈10.6m ; Y5≈11.2m
[DCF] Fair Price = N/A (negative equity: EV 173.8m - Net Debt 2.53b = -2.36b; debt exceeds intrinsic value)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -1.52 | # QB: -2
Revenue Correlation: -97.18 | Revenue CAGR: -8.13% | SUE: 0.55 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS next Quarter (2026-09-30): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS current Year (2026-12-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+0.0% | GrowthRev=+4.8%
EPS next Year (2027-12-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+0.0% | GrowthRev=+4.1%