JBG SMITH Properties (NYSE:JBGS) Sees Large Volume Increase – What’s Next?

Shares of JBG SMITH Properties (NYSE:JBGS) saw unusually-strong trading volume on Wednesday . Approximately 1,303,027 shares changed hands during mid-day trading, an increase of 81% from the previous session’s volume of 718,887 shares.The stock last traded at $14.34 and had previously closed at $14.00.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets cut JBG SMITH Properties from a “market perform” rating to an “underperform” rating and decreased their price target for the stock from $18.00 to $15.00 in a research report on Tuesday, December 3rd.

JBG SMITH Properties Stock Performance

The company has a debt-to-equity ratio of 1.42, a current ratio of 3.73 and a quick ratio of 3.87. The stock has a 50-day simple moving average of $15.14 and a 200-day simple moving average of $16.35. The stock has a market cap of $1.18 billion, a P/E ratio of -8.57 and a beta of 1.12.

JBG SMITH Properties (NYSE:JBGS) last announced its quarterly earnings results on Tuesday, February 18th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.38) by $0.52. JBG SMITH Properties had a negative return on equity of 7.26% and a negative net margin of 26.22%. The business had revenue of $108.43 million during the quarter, compared to the consensus estimate of $116.31 million.

JBG SMITH Properties Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 14th. Investors of record on Monday, December 30th were issued a dividend of $0.175 per share. The ex-dividend date was Monday, December 30th. This represents a $0.70 annualized dividend and a yield of 4.88%. JBG SMITH Properties’s dividend payout ratio (DPR) is currently -41.92%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Sterling Capital Management LLC grew its stake in JBG SMITH Properties by 814.6% in the 4th quarter. Sterling Capital Management LLC now owns 2,570 shares of the company’s stock valued at $40,000 after purchasing an additional 2,289 shares during the period. KBC Group NV grew its stake in JBG SMITH Properties by 64.9% in the 4th quarter. KBC Group NV now owns 5,677 shares of the company’s stock valued at $87,000 after purchasing an additional 2,234 shares during the period. State of Wyoming bought a new position in JBG SMITH Properties in the 4th quarter valued at $98,000. Yoffe Investment Management LLC bought a new position in JBG SMITH Properties in the 4th quarter valued at $169,000. Finally, Bank of Montreal Can grew its stake in JBG SMITH Properties by 8.5% in the 4th quarter. Bank of Montreal Can now owns 11,928 shares of the company’s stock valued at $183,000 after purchasing an additional 939 shares during the period. Institutional investors own 98.46% of the company’s stock.

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.