JBG SMITH owns, operates and develops mixed-use properties concentrated in amenity-rich, Metro-served submarkets in and around Washington, DC, most notably National Landing, that we believe have long-term growth potential and appeal to residential, office and retail tenants. Through an intense focus on placemaking, JBG SMITH cultivates vibrant, highly amenitized, walkable neighborhoods throughout the Washington, DC metropolitan area. Approximately 75.0% of JBG SMITH's holdings are in the National Landing submarket in Northern Virginia, which is anchored by four key demand drivers: Amazon's headquarters; Virginia Tech's$1 billion Innovation Campus; proximity to the Pentagon; and our placemaking initiatives and public infrastructure improvements. JBG SMITH's dynamic portfolio currently comprises 11.9 million square feet at share of multifamily, office and retail assets, 98% of which are Metro-served. It also maintains a development pipeline encompassing 8.9 million square feet of mixed-use, primarily multifamily, development opportunities. JBG SMITH is committed to the operation and development of green, smart, and healthy buildings and plans to maintain carbon neutral operations annually.
Strategic Pivot | Explore JBG SMITH's shift towards multifamily and defense-tech sectors, adapting to market challenges and leveraging its strong position in National Landing |
Financial Outlook | Delve into JBG SMITH's projected NOI growth and the impact of declining office occupancy on revenue, with analysts targeting price ranges of $15-$18 |
Market Dynamics | Uncover the divergent trends in office real estate markets, from NYC's recovery to Washington DC's continued pressure, and their implications for JBG SMITH |
Future Prospects | Learn how JBG SMITH's multifamily success and strategic advantages in National Landing position the company for potential growth amid sector-wide challenges |
Metrics to compare | JBGS | Sector Sector - Average of metrics from a broad group of related Real Estate sector companies | Relationship RelationshipJBGSPeersSector | |
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P/E Ratio | −8.9x | −0.1x | 9.1x | |
PEG Ratio | 0.24 | 0.00 | 0.01 | |
Price/Book | 1.1x | 0.0x | 0.9x | |
Price / LTM Sales | 3.2x | 0.0x | 3.9x | |
Upside (Analyst Target) | −16.0% | 200.0% | 12.7% | |
Fair Value Upside | Unlock | −43.2% | 1.1% | Unlock |