JBG SMITH Financials

JBGS Stock  USD 14.47  0.54  3.60%   
Based on the key indicators obtained from JBG SMITH's historical financial statements, JBG SMITH Properties may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, JBG SMITH's Total Current Assets are comparatively stable compared to the past year. Intangible Assets is likely to gain to about 72.1 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 161.3 M in 2024. Key indicators impacting JBG SMITH's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.621.1866
Way Down
Slightly volatile
Current Ratio3.922.2983
Way Up
Slightly volatile
The financial analysis of JBG SMITH is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for JBG SMITH includes many different criteria found on its balance sheet. For example, investors should never minimize JBG SMITH's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor JBG SMITH's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in JBG SMITH.

Net Income

(75.98 Million)

With this module, you can analyze JBG financials for your investing period. You should be able to track the changes in JBG SMITH individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past JBG SMITH Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of JBG SMITH's financial statements are interrelated, with each one affecting the others. For example, an increase in JBG SMITH's assets may result in an increase in income on the income statement.
The data published in JBG SMITH's official financial statements usually reflect JBG SMITH's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of JBG SMITH Properties. For example, before you start analyzing numbers published by JBG accountants, it's critical to develop an understanding of what JBG SMITH's liquidity, profitability, and earnings quality are in the context of the Diversified REITs space in which it operates.
Please note, the presentation of JBG SMITH's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, JBG SMITH's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in JBG SMITH's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of JBG SMITH Properties. Please utilize our Beneish M Score to check the likelihood of JBG SMITH's management manipulating its earnings.

JBG SMITH Stock Summary

JBG SMITH competes with Piedmont Office, Hudson Pacific, and City Office. JBG SMITH is an SP 400 company that owns, operates, invests in and develops a dynamic portfolio of high-growth mixed-use properties in and around Washington, DC. It also maintains a development pipeline encompassing 17.1 million square feet of mixed-use development opportunities. JBG SMITH operates under REITOffice classification in the United States and is traded on New York Stock Exchange. It employs 997 people.
Specialization
Real Estate, Equity Real Estate Investment Trusts (REITs)
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS46590V1008
CUSIP46590V100
LocationMaryland; U.S.A
Business Address4747 Bethesda Avenue,
SectorDiversified REITs
IndustryReal Estate
BenchmarkNYSE Composite
Websitewww.jbgsmith.com
Phone240 333 3600
CurrencyUSD - US Dollar
You should never invest in JBG SMITH without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of JBG Stock, because this is throwing your money away. Analyzing the key information contained in JBG SMITH's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

JBG SMITH Key Financial Ratios

Generally speaking, JBG SMITH's financial ratios allow both analysts and investors to convert raw data from JBG SMITH's financial statements into concise, actionable information that can be used to evaluate the performance of JBG SMITH over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that JBG SMITH Properties reports annually and quarterly.

JBG SMITH Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets6.0B6.1B6.4B5.9B5.5B5.8B
Net Debt1.5B1.8B2.2B2.2B2.5B1.9B
Accounts Payable157.7M103.1M106.1M138.1M124.9M113.8M
Cash126.4M225.6M264.4M241.1M164.8M188.7M
Net Receivables222.7M226.5M236.8M227.1M215.5M177.2M
Other Current Assets(365.2M)(489.8M)(538.9M)49.9M(415.9M)(395.1M)
Total Liab2.0B2.3B3.4B2.7B2.8B2.5B
Total Current Assets365.2M489.8M538.9M501.2M429.5M473.2M
Intangible Assets72.3M58.6M77.2M162.2M56.6M72.1M
Other Current Liab(200M)96.5M(300M)48.7M24.1M25.3M
Other Liab108.2M247.8M342.6M79.8M91.8M153.6M
Net Tangible Assets3.3B3.7B2.9B3.0B3.5B3.1B
Other Assets145.8M5.9B5.1B110.9M127.5M121.2M
Long Term Debt1.6B2.0B2.2B2.4B2.5B2.2B
Long Term Debt Total1.6B2.0B2.2B2.4B2.8B2.1B
Common Stock1.3M1.3M1.3M1.1M944K896.8K
Warrants612.8M530.7M522.7M481.3M433.2M442.0M
Retained Earnings(231.2M)(412.9M)(609.3M)(628.6M)(777.0M)(738.1M)
Capital Surpluse3.6B3.7B3.5B3.3B3.8B3.7B

JBG SMITH Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what JBG SMITH's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense52.7M62.9M68.0M75.9M91.1M70.3M
Total Revenue647.8M602.7M634.4M605.8M604.2M618.0M
Gross Profit326.2M271.3M305.7M299.1M313.5M245.4M
Operating Income26.4M(57.8M)(4.4M)22.9M27.0M37.8M
Ebit26.4M(57.8M)(4.4M)22.9M27.0M38.3M
Ebitda217.9M164.0M231.9M236.6M242.6M180.9M
Cost Of Revenue321.6M331.4M328.6M306.7M290.7M280.6M
Income Before Tax72.8M(71.5M)(86.2M)100.3M(92.0M)(87.4M)
Net Income65.6M(67.3M)(89.7M)83.5M(80.0M)(76.0M)
Income Tax Expense(1.3M)(4.3M)3.5M1.3M(296K)(310.8K)
Minority Interest613.0M(5.0M)(10.5M)(13.6M)11.7M11.1M
Tax Provision(1.3M)(4.3M)3.5M1.3M(296K)(310.8K)
Interest Income5.4M4.0M8.8M18.6M15.8M10.8M
Net Interest Income(47.3M)(62.8M)(59.5M)(64.4M)(85.1M)(89.3M)

JBG SMITH Key Cash Accounts

Cash flow analysis captures how much money flows into and out of JBG SMITH Properties. It measures of how well JBG is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money JBG SMITH brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money JBG had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what JBG SMITH has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash(257.0M)120.8M38.8M(28.0M)(73.6M)(70.0M)
Free Cash Flow(267.0M)(138.5M)44.4M(148.7M)(150.4M)(142.9M)
Depreciation195.8M225.6M240.5M217.8M215.6M198.1M
Other Non Cash Items(116.4M)16.2M(13.5M)(164.8M)(8.2M)(8.6M)
Capital Expenditures441.0M307.5M173.2M326.7M333.7M228.4M
Net Income74.1M(67.3M)(89.7M)99.0M(91.7M)(87.1M)
End Period Cash Flow142.5M263.3M302.1M274.1M200.4M206.5M
Investments(12.0M)56.4M(1.6M)524.0M(98.2M)(93.3M)
Net Borrowings(517.5M)361.2M464.4M(246.1M)(221.5M)(210.4M)
Dividends Paid129.8M120.0M118.1M107.7M94.0M85.2M
Change To Netincome(63.8M)51.5M59.5M(117.8M)(106.0M)(100.7M)
Change Receivables(8.4M)(9.2M)8.8M(13.2M)(11.8M)(11.2M)

JBG Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining JBG SMITH's current stock value. Our valuation model uses many indicators to compare JBG SMITH value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across JBG SMITH competition to find correlations between indicators driving JBG SMITH's intrinsic value. More Info.
JBG SMITH Properties is rated fourth overall in return on equity category among related companies. It is rated third overall in return on asset category among related companies . At this time, JBG SMITH's Return On Equity is comparatively stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value JBG SMITH by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for JBG SMITH's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the JBG SMITH's earnings, one of the primary drivers of an investment's value.

JBG SMITH Properties Systematic Risk

JBG SMITH's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. JBG SMITH volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on JBG SMITH Properties correlated with the market. If Beta is less than 0 JBG SMITH generally moves in the opposite direction as compared to the market. If JBG SMITH Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one JBG SMITH Properties is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of JBG SMITH is generally in the same direction as the market. If Beta > 1 JBG SMITH moves generally in the same direction as, but more than the movement of the benchmark.

About JBG SMITH Financials

What exactly are JBG SMITH Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include JBG SMITH's income statement, its balance sheet, and the statement of cash flows. Potential JBG SMITH investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although JBG SMITH investors may use each financial statement separately, they are all related. The changes in JBG SMITH's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on JBG SMITH's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze JBG SMITH Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as JBG SMITH is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of JBG has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if JBG SMITH's financials are consistent with your investment objective using the following steps:
  • Review JBG SMITH's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand JBG SMITH's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare JBG SMITH's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if JBG SMITH's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

JBG SMITH Thematic Clasifications

JBG SMITH Properties is part of several thematic ideas from Office Supplies to Furniture. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in JBG SMITH Stock are looking for potential investment opportunities by analyzing not only static indicators but also various JBG SMITH's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of JBG SMITH growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.11

At this time, JBG SMITH's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

JBG SMITH May 2, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of JBG SMITH help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of JBG SMITH Properties. We use our internally-developed statistical techniques to arrive at the intrinsic value of JBG SMITH Properties based on widely used predictive technical indicators. In general, we focus on analyzing JBG Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build JBG SMITH's daily price indicators and compare them against related drivers.
When determining whether JBG SMITH Properties is a strong investment it is important to analyze JBG SMITH's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact JBG SMITH's future performance. For an informed investment choice regarding JBG Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JBG SMITH Properties. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the JBG SMITH Properties information on this page should be used as a complementary analysis to other JBG SMITH's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

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When running JBG SMITH's price analysis, check to measure JBG SMITH's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy JBG SMITH is operating at the current time. Most of JBG SMITH's value examination focuses on studying past and present price action to predict the probability of JBG SMITH's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JBG SMITH's price. Additionally, you may evaluate how the addition of JBG SMITH to your portfolios can decrease your overall portfolio volatility.
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Is JBG SMITH's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of JBG SMITH. If investors know JBG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about JBG SMITH listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.595
Dividend Share
0.85
Earnings Share
(0.78)
Revenue Per Share
5.996
Quarterly Revenue Growth
(0.05)
The market value of JBG SMITH Properties is measured differently than its book value, which is the value of JBG that is recorded on the company's balance sheet. Investors also form their own opinion of JBG SMITH's value that differs from its market value or its book value, called intrinsic value, which is JBG SMITH's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JBG SMITH's market value can be influenced by many factors that don't directly affect JBG SMITH's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JBG SMITH's value and its price as these two are different measures arrived at by different means. Investors typically determine if JBG SMITH is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JBG SMITH's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.