JBGS
JBG SMITH Properties
NYSEUSDEQUITY
Real Estate
DELAYED
Sell
-43/100
Last price
10.86
▲ 0.03 (0.28%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
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Open
10.94
Prev close
10.83
Day high
11.04
Day low
10.80
Volume
984.40K
Market cap
$838.72M
P/E (TTM)
—
52W range
9.93 – 21.86
Day trading desk
Gap from prior close
+1.02%
Prior close 10.83
VWAP
10.88
-0.17% from price
Relative volume
1.50×
Unusually busy
Session range
2.45%
10.80 – 11.06
Position in range
23%
Near session low
ATR (14D)
0.37
3.45% of price
Prior day high
10.90
PDH
Prior day low
10.43
PDL
Bid / ask spread
—
Quote not published
Session volume
1.32M
Avg 879.88K
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
+7.52%
+5.6%
1M
-7.18%
-8.3%
3M
-25.57%
-30.1%
6M
-25.21%
-43.4%
YTD
-36.16%
-50.4%
1Y
-49.65%
-66.1%
3Y
-24.90%
-107.1%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on JBGS open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
293.46K
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Jun 8, 26 | MUSELES STEVEN A Officer |
SELL | 20.01K | $300.27K | Direct |
| Feb 17, 26 | MUSELES STEVEN A Officer |
— | 20.01K | — | Direct |
| Nov 24, 25 | REGAN-LEVINE EVAN Officer |
SELL | 4.49K | $80.29K | Direct |
| Nov 17, 25 | STEWART ROBERT ALEXANDER Director |
— | 200.00K | — | Indirect |
| Nov 7, 25 | REGAN-LEVINE EVAN Officer |
SELL | 5.20K | $96.51K | Direct |
| Oct 31, 25 | MUSELES STEVEN A Officer |
SELL | 31.26K | $609.44K | Direct |
| Oct 30, 25 | ESTES SCOTT A Director |
SELL | 10.00K | $198.70K | Direct |
| Oct 15, 25 | MUSELES STEVEN A Officer |
— | 31.26K | — | Direct |
| Oct 15, 25 | XANDERS GEORGE LAUCKS Chief Investment Officer |
— | 4.00K | — | Direct |
| Oct 15, 25 | REGAN-LEVINE EVAN Officer |
— | 9.69K | — | Direct |
| Sep 15, 25 | REGAN-LEVINE EVAN Officer |
SELL | 5.71K | $134.97K | Direct |
| Sep 15, 25 | REGAN-LEVINE EVAN Officer |
— | 5.71K | — | Direct |
| Sep 12, 25 | XANDERS GEORGE LAUCKS Chief Investment Officer |
SELL | 6.75K | $158.33K | Direct |
| Sep 10, 25 | MUSELES STEVEN A Officer |
SELL | 1.29K | $30.30K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BANERJEE MADHUMITA MOINA |
Chief Financial Officer | 0 | Sale |
ESTES SCOTT A |
Director | 20.00K | Sale |
MUSELES STEVEN A |
Officer | 0 | Sale |
REGAN-LEVINE EVAN |
Officer | 0 | Sale |
STEWART ROBERT ALEXANDER |
Director | — | Conversion of Exercise of derivative security |
VALDES ANGELA |
Officer | 0 | Sale |
XANDERS GEORGE LAUCKS |
Chief Investment Officer | 4.00K | Conversion of Exercise of derivative security |
Fundamentals
Market cap$838.72M
Enterprise value$3.64B
Revenue (TTM)$505.73M
Gross profit$247.43M
EBITDA$191.98M
Net income$-153.93M
EPS (TTM)$-2.57
Free cash flow$249.50M
Total cash$74.80M
Total debt$2.58B
Book value / share$18.25
Shares outstanding58.58M
Float54.15M
Short % of float29.02%
Dividend yield6.45%
Beta (5Y)1.08
Valuation & profitability ratios
Trailing P/E—
Forward P/E-6.62
PEG ratio—
Price / sales—
Price / book0.60
EV / revenue7.20
EV / EBITDA18.98
Gross margin48.93%
Operating margin3.07%
Profit margin-30.05%
Return on equity-10.86%
Return on assets0.07%
Debt / equity164.08
Current ratio1.15
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $498.60M | $547.31M | $604.20M | $605.82M | -8.9% |
| Operating revenue | $479.03M | $526.41M | $575.21M | $580.76M | -9.0% |
| Cost of revenue | $251.17M | $273.48M | $290.67M | $306.70M | -8.2% |
| Gross profit | $247.43M | $273.83M | $313.53M | $299.12M | -9.6% |
| Selling, general & admin | $59.17M | $58.79M | $55.39M | $63.67M | +0.6% |
| Total operating expense | $249.23M | $266.97M | $265.58M | $277.44M | -6.6% |
| Operating income | -$1.81M | $6.86M | $47.95M | $21.68M | -126.3% |
| Net interest income | -$137.91M | -$122.39M | -$85.06M | -$64.36M | -12.7% |
| Pre-tax income | -$171.89M | -$176.99M | -$92.00M | $100.25M | +2.9% |
| Tax provision | -$3.83M | $762.00K | -$296.00K | $1.26M | -602.6% |
| Net income | -$139.06M | -$143.53M | -$79.98M | $85.37M | +3.1% |
| Net income to common | -$140.85M | -$145.99M | -$82.03M | $83.51M | +3.5% |
| Basic EPS | -2.09 | -1.65 | -0.78 | 0.70 | -26.7% |
| Diluted EPS | -2.09 | -1.65 | -0.78 | 0.70 | -26.7% |
| EBIT | -$44.40M | -$60.41M | -$946.00K | $178.70M | +26.5% |
| EBITDA | $153.07M | $154.58M | $214.68M | $396.54M | -1.0% |
| Basic shares | 67.36M | 88.33M | 105.09M | 119.00M | -23.7% |
| Diluted shares | 67.36M | 88.33M | 105.09M | 119.00M | -23.7% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $75.27M | $145.80M | $164.77M | $241.10M | — | -48.4% |
| Cash & short-term investments | $75.27M | $145.80M | $164.77M | $241.10M | — | -48.4% |
| Accounts receivable | $202.63M | $189.88M | $211.08M | $221.27M | — | +6.7% |
| Total current assets | $317.64M | $387.66M | $429.12M | $518.12M | — | -18.1% |
| Property, plant & equipment | $41.49M | $44.03M | $60.33M | $1.38M | — | -5.8% |
| Goodwill & intangibles | $30.33M | $47.00M | $56.62M | $68.18M | — | -35.5% |
| Total assets | $4.39B | $5.02B | $5.52B | $5.90B | — | -12.6% |
| Total current liabilities | $302.87M | $204.61M | $186.87M | $167.68M | — | +48.0% |
| Current debt | $205.00M | $85.00M | $62.00M | — | $300.00M | +141.2% |
| Long-term debt | $2.30B | $2.49B | $2.50B | $2.44B | — | -7.5% |
| Total debt | $2.54B | $2.61B | $2.63B | $2.45B | — | -2.7% |
| Total liabilities | $2.72B | $2.79B | $2.83B | $2.71B | — | -2.5% |
| Retained earnings | -$1.18B | -$997.28M | -$776.96M | -$628.64M | — | -18.4% |
| Shareholder equity | $1.16B | $1.81B | $2.22B | $2.68B | — | -36.0% |
| Working capital | $14.77M | $183.05M | $242.24M | $350.44M | — | -91.9% |
| Net tangible assets | $1.13B | $1.76B | $2.17B | $2.61B | — | -36.0% |
| Shares issued | 59.53M | 84.48M | 94.31M | 114.01M | — | -29.5% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | -$168.06M | -$177.75M | -$91.71M | $98.99M | +5.5% |
| Depreciation & amortisation | $197.47M | $214.99M | $215.63M | $217.84M | -8.1% |
| Stock-based compensation | $24.86M | $29.52M | $32.10M | $41.27M | -15.8% |
| Change in working capital | -$9.97M | $9.37M | -$22.50M | -$15.24M | -206.5% |
| Operating cash flow | $73.26M | $129.39M | $183.37M | $178.04M | -43.4% |
| Capital expenditure | -$122.27M | -$218.03M | -$333.74M | -$326.74M | +43.9% |
| Investing cash flow | $357.31M | $144.16M | -$98.18M | $524.02M | +147.9% |
| Share buybacks | -$443.65M | -$170.77M | -$335.31M | -$361.04M | -159.8% |
| Dividends paid | -$48.43M | -$62.01M | -$94.00M | -$107.69M | +21.9% |
| Financing cash flow | -$510.47M | -$290.80M | -$158.82M | -$730.08M | -75.5% |
| Free cash flow | -$49.02M | -$88.64M | -$150.37M | -$148.70M | +44.7% |
| End cash position | $103.29M | $183.19M | $200.44M | $274.07M | -43.6% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $129.38M | $127.60M | $127.56M | $123.87M | $126.48M | +1.4% |
| Operating revenue | $123.63M | $123.06M | $122.61M | $118.69M | $121.31M | +0.5% |
| Cost of revenue | $64.64M | $65.26M | $65.50M | $62.91M | $61.09M | -1.0% |
| Gross profit | $64.74M | $62.34M | $62.07M | $60.96M | $65.39M | +3.8% |
| Selling, general & admin | $15.40M | $15.29M | $13.68M | $13.21M | $16.72M | +0.8% |
| Total operating expense | $60.20M | $60.59M | $60.43M | $61.38M | $64.28M | -0.7% |
| Operating income | $4.54M | $1.75M | $1.64M | -$414.00K | $1.11M | +159.9% |
| Net interest income | -$31.39M | -$34.15M | -$35.90M | -$32.41M | -$34.90M | +8.1% |
| Pre-tax income | -$72.45M | -$23.04M | -$60.64M | -$34.09M | -$23.26M | -214.4% |
| Tax provision | $0 | $7.00K | -$4.47M | $926.00K | -$83.00K | -100.0% |
| Net income | -$59.16M | -$18.70M | -$45.55M | -$28.55M | -$19.24M | -216.4% |
| Net income to common | -$59.79M | -$18.70M | -$46.43M | -$29.00M | -$19.70M | -219.8% |
| Basic EPS | -1.03 | -0.32 | -0.78 | -0.48 | -0.29 | -221.9% |
| Diluted EPS | -1.03 | -0.32 | -0.78 | -0.48 | -0.29 | -221.9% |
| EBIT | -$39.53M | $9.46M | -$27.36M | -$2.87M | $8.63M | -518.0% |
| EBITDA | $7.28M | $56.73M | $21.23M | $47.22M | $58.04M | -87.2% |
| Basic shares | 58.28M | 59.07M | 59.35M | 60.61M | 68.29M | -1.3% |
| Diluted shares | 58.28M | 59.07M | 59.35M | 60.61M | 68.29M | -1.3% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $74.80M | $79.78M | $75.27M | $64.44M | $61.43M | -6.2% |
| Cash & short-term investments | $74.80M | $79.78M | $75.27M | $64.44M | $61.43M | -6.2% |
| Accounts receivable | $212.89M | $210.81M | $202.63M | $203.65M | $197.08M | +1.0% |
| Total current assets | $323.44M | $334.31M | $317.64M | $311.91M | $297.04M | -3.3% |
| Property, plant & equipment | $40.16M | $40.83M | $41.49M | $42.15M | $42.79M | -1.6% |
| Goodwill & intangibles | $11.50M | $29.42M | $30.33M | $51.99M | $52.86M | -60.9% |
| Total assets | $4.26B | $4.34B | $4.39B | $4.42B | $4.55B | -1.7% |
| Total current liabilities | $275.63M | $301.83M | $302.87M | $239.38M | $308.27M | -8.7% |
| Current debt | $210.00M | $230.00M | $205.00M | $160.00M | $226.00M | -8.7% |
| Long-term debt | $2.32B | $2.30B | $2.30B | $2.30B | $2.26B | +0.9% |
| Total debt | $2.57B | $2.57B | $2.54B | $2.50B | $2.53B | +0.0% |
| Total liabilities | $2.69B | $2.70B | $2.72B | $2.66B | $2.68B | -0.4% |
| Retained earnings | -$1.27B | -$1.20B | -$1.18B | -$1.11B | -$1.07B | -5.8% |
| Shareholder equity | $1.07B | $1.14B | $1.16B | $1.19B | $1.32B | -6.4% |
| Working capital | $47.81M | $32.48M | $14.77M | $72.52M | -$11.23M | +47.2% |
| Net tangible assets | $1.05B | $1.11B | $1.13B | $1.14B | $1.27B | -5.0% |
| Shares issued | 58.43M | 58.41M | 59.53M | 59.30M | 61.95M | +0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$72.45M | -$23.05M | -$56.17M | -$35.01M | -$23.18M | -214.4% |
| Depreciation & amortisation | $46.81M | $47.27M | $48.59M | $50.09M | $49.41M | -1.0% |
| Stock-based compensation | $8.95M | $8.03M | $5.00M | $4.97M | $7.72M | +11.4% |
| Change in working capital | -$5.46M | -$9.88M | $14.58M | -$11.39M | -$4.21M | +44.8% |
| Operating cash flow | $15.84M | $3.41M | $32.63M | $8.87M | $18.82M | +364.5% |
| Capital expenditure | -$19.91M | -$23.24M | -$30.10M | -$29.75M | -$33.33M | +14.3% |
| Investing cash flow | -$17.04M | $23.99M | -$39.81M | $126.40M | $109.41M | -171.0% |
| Share buybacks | -$3.00M | -$25.40M | -$7.87M | -$62.94M | -$225.25M | +88.2% |
| Dividends paid | -$10.25M | -$10.42M | -$10.38M | -$10.83M | -$12.43M | +1.6% |
| Financing cash flow | -$5.58M | -$15.84M | $22.69M | -$138.45M | -$157.60M | +64.8% |
| Free cash flow | -$4.07M | -$19.83M | $2.53M | -$20.88M | -$14.51M | +79.5% |
| End cash position | $108.07M | $114.86M | $103.29M | $87.78M | $90.96M | -5.9% |
Options analytics
Put / call volume
0.00
Call-heavy session
Put / call open interest
0.02
Positioning, not flow
Max pain
15.00
+38.1% from spot
ATM implied vol
0.0%
Nearest strike to spot
Skew (10% OTM)
-12.5%
Calls bid over puts
Call volume
511
Contracts, this expiry
Put volume
1
Contracts, this expiry
Heaviest call OI
17.50
481 contracts
Heaviest put OI
15.00
11 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | — | — | $0 | — |
| Next quarter | — | — | $0 | — |
| Current year | — | — | $448.50M | +7.6% |
| Next year | — | — | $460.00M | +2.6% |
Analyst targets & ownership
Mean target$12.00
High target$12.00
Low target$12.00
Implied upside10.50%
Analyst count2
ConsensusUNDERPERFORM
Strong buy / Buy0 / 0
Hold1
Sell / Strong sell2 / 0
Held by insiders0.50%
Held by institutions100.79%
Institutions holding297
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
10.45
+3.90% from price
SMA 20
10.84
+0.16% from price
SMA 50
11.73
-7.41% from price
SMA 100
13.17
-17.54% from price
SMA 200
14.48
-25.00% from price
EMA 12
10.67
+1.75% from price
EMA 26
11.06
-1.76% from price
EMA 50
11.74
-7.49% from price
RSI (14)
45.3
Neutral
MACD (12,26,9)
-0.38
Hist 0.07
ATR (14)
0.37
3.45% of price
Realised vol 30D
27.3%
Annualised
Bollinger upper
11.73
20, 2σ
Bollinger lower
9.96
20, 2σ
50 / 200 cross
Death
11.73 vs 14.48
Trend bias
Below 200
-25.00%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.29
Less volatile than market
Correlation to SPY
0.11
Largely independent
Realised vol 30D
27.3%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-54.0%
Peak to trough
Max drawdown 5Y
-67.4%
Peak to trough
ATR 14
0.37
3.45% of price
Beta (reported)
1.08
5Y monthly, from filing
Short interest
Shares short
12.48M
Prior 11.90M
Change vs prior
+4.9%
Shorts adding
% of float
29.02%
Heavily shorted
% of shares out
21.31%
Against total outstanding
Days to cover
16.0
Crowded exit
Float
54.15M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Sep 21, 26 | Evercore ISI Group | MAINTAINED | Underperform | Underperform |
| Aug 11, 26 | Evercore ISI Group | MAINTAINED | Underperform | Underperform |
| Apr 2, 26 | Evercore ISI Group | MAINTAINED | Underperform | Underperform |
| Feb 20, 26 | Evercore ISI Group | MAINTAINED | Underperform | Underperform |
| Nov 14, 25 | Evercore ISI Group | MAINTAINED | Underperform | Underperform |
| Oct 9, 25 | Evercore ISI Group | MAINTAINED | Underperform | Underperform |
| Sep 8, 25 | Evercore ISI Group | MAINTAINED | Underperform | Underperform |
| May 19, 25 | Evercore ISI Group | MAINTAINED | Underperform | Underperform |
| Dec 3, 24 | BMO Capital | DOWNGRADE | Market Perform | Underperform |
| Sep 16, 24 | Evercore ISI Group | MAINTAINED | Underperform | Underperform |
| Apr 10, 24 | Evercore ISI Group | MAINTAINED | Underperform | Underperform |
| Feb 23, 24 | Evercore ISI Group | MAINTAINED | Underperform | Underperform |
Dividends & splits
Forward rate$0.70 / yr
Forward yield6.45%
5-year avg yield4.40%
Payout ratio102.27%
Ex-dividend dateAug 13, 2026
Next pay dateAug 27, 2026
Last split—
Split date—
SEC filings
Corporate Changes & Voting Matters
8-K · 2026-08-28
Periodic Financial Reports
10-Q · 2026-08-10
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D · 2026-05-08
Periodic Financial Reports
10-Q · 2026-05-05
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CORRESP · 2026-04-03
Proxy Statements
DEFA14A · 2026-03-18
Periodic Financial Reports
10-K · 2026-02-17
Periodic Financial Reports
10-Q · 2025-10-28
Headlines
JBG SMITH Announces Recast of Revolving Credit Facility and Tranche A-2 Term Loan
Business Wire · 40d ago
JBG SMITH Properties Q2 Core FFO Declines, Revenue Increases
MT Newswires · 58d ago
JBG Smith Properties: Q2 Earnings Snapshot
Associated Press · 58d ago
JBG SMITH Announces Second Quarter 2026 Results
Business Wire · 58d ago
JBG SMITH Postpones Release of Second Quarter 2026 Financial Results
Business Wire · 64d ago
JBG SMITH Declares a Quarterly Common Dividend of $0.175 Per Share
Business Wire · 68d ago
JBG SMITH Announces Date of Second Quarter 2026 Results
Business Wire · 84d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.