JBGS Stock Analysis: JBG SMITH Properties | NYSE
REIT - Diversified | NYSE, USA | Market Cap: 954m USD | 12M Return: -40.6% | US46590V1008 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 10.3M
Rev. Trend: -95.5%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 9.1 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: -152.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA 2.97 > 1.0 |
| NWC/Revenue: -7.93% < 20% (prev -13.84%; Δ 5.91% < -1%) |
| CFO/TA 0.02 > 3% & CFO 64.5m > Net Income -152.0m |
| Net Debt (2.54b) to EBITDA (134.1m): 18.91 < 3 |
| Current Ratio: 0.87 > 1.5 & < 3 |
| Outstanding Shares: last quarter (58.3m) vs 12m ago -14.65% < -2% |
| Gross Margin: 20.31% > 18% (prev 50.28%; Δ -29.97% > 0.5%) |
| Asset Turnover: 11.54% > 50% (prev 11.30%; Δ 0.24% > 0%) |
| Interest Coverage Ratio: -0.41 > 6 (EBIT TTM -54.6m / Interest Expense TTM 132.8m) |
| A: -0.01 (Total Current Assets 262.6m - Total Current Liabilities 302.9m) / Total Assets 4.26b |
| B: -0.30 (Retained Earnings -1.27b / Total Assets 4.26b) |
| C: -0.01 (EBIT TTM -54.6m / Avg Total Assets 4.41b) |
| D: 0.40 (Book Value of Equity 1.07b / Total Liabilities 2.69b) |
| Altman-Z'' = -0.70 = B |
| DSRI: 0.96 (Receivables 187.7m/197.1m, Revenue 508.4m/514.0m) |
| GMI: 2.48 (GM 50.28% / 20.31%) |
| AQI: 0.99 (AQ_t 0.93 / AQ_t-1 0.94) |
| SGI: 0.99 (Revenue 508.4m / 514.0m) |
| TATA: -0.05 (NI -152.0m - CFO 64.5m) / TA 4.26b) |
| Beneish M = -1.74 (Cap -4..+1) = CCC |
As of August 31, 2026, the stock is trading at USD 12.08 with a total of 672,367 shares traded. Over the past week, the price has changed by -3.36%, over one month by -12.91%, over three months by -14.79% and over the past year by -40.60%.
Current recommended Stop Loss: 11.40 (which is 5.6% or 1.4 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 | 13 | 7.6% |
P/S = 1.886
P/B = 0.6948
Revenue TTM = 508.4m USD
EBIT TTM = -54.6m USD
EBITDA TTM = 134.1m USD
Long Term Debt = 2.30b USD (from longTermDebt, last fiscal year)
Short Term Debt = 205.0m USD (from shortTermDebt, last fiscal year)
Debt = 2.61b USD (from shortLongTermDebtTotal, last quarter) + Leases 40.1m
Net Debt = 2.54b USD (calculated: Debt 2.61b - CCE 74.8m)
Enterprise Value = 3.49b USD (953.8m + Debt 2.61b - CCE 74.8m)
Interest Coverage Ratio = -0.41 (Ebit TTM -54.6m / Interest Expense TTM 132.8m)
EV/FCF = 54.47x (Enterprise Value 3.49b / FCF TTM 64.1m)
FCF Yield = 1.84% (FCF TTM 64.1m / Enterprise Value 3.49b)
FCF Margin = 12.61% (FCF TTM 64.1m / Revenue TTM 508.4m)
Net Margin = -29.89% (Net Income TTM -152.0m / Revenue TTM 508.4m)
Gross Margin = 20.31% ((Revenue TTM 508.4m - Cost of Revenue TTM 405.1m) / Revenue TTM)
Gross Margin QoQ = -6.55% (prev -8.83%)
Tobins Q-Ratio = 0.82 (Enterprise Value 3.49b / Total Assets 4.26b)
Interest Expense / Debt = 5.09% (Interest Expense 132.8m / Debt 2.61b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -43.2m (EBIT -54.6m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.87 (Total Current Assets 262.6m / Total Current Liabilities 302.9m)
Debt / Equity = 2.45 (Debt 2.61b / totalStockholderEquity, last quarter 1.07b)
Debt / EBITDA = 18.91 (Net Debt 2.54b / EBITDA 134.1m)
Debt / FCF = 39.58 (Net Debt 2.54b / FCF TTM 64.1m)
Total Stockholder Equity = 1.14b (last 4 quarters mean from totalStockholderEquity)
RoA = -3.45% (Net Income -152.0m / Total Assets 4.26b)
RoE = -13.35% (Net Income TTM -152.0m / Total Stockholder Equity 1.14b)
RoCE = -1.59% (EBIT -54.6m / Capital Employed (Equity 1.14b + L.T.Debt 2.30b))
RoIC = -1.04% (negative operating profit) (NOPAT -43.2m / Invested Capital 4.14b)
WACC = 4.62% (E(953.8m)/V(3.57b) * Re(6.28%) + D(2.61b)/V(3.57b) * Rd(5.09%) * (1-Tc(0.21)))
Discount Rate = 6.28% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -96.25 | Cagr: -18.61%
[DCF] Terminal Value 75.44% ; FCFF base≈64.1m ; Y1≈64.4m ; Y5≈68.2m
[DCF] Fair Price = N/A (negative equity: EV 1.06b - Net Debt 2.54b = -1.48b; debt exceeds intrinsic value)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: -95.54 | Revenue CAGR: -7.76% | SUE: 0.56 | # QB: 0
EPS current 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=+1.0%
EPS next Year (2027-12-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+0.0% | GrowthRev=+4.8%