since 1960, the jbg companies has been an active investor, owner and developer in the washington metropolitan area's real estate market - one of the most dynamic markets in the world. jbg's track record in securing superior risk-adjusted returns is widely recognized within this high-performance market. our diverse portfolio encompasses millions of square feet of office, residential, hotel and retail projects, and includes many of the region's most distinguished properties. jbg is proud of its history of creating and preserving real estate values. we remain committed to continually improving the environment in the washington metropolitan area; creating value for our investors, partners and employees; and maintaining the highest standards of integrity and dependability in all of our endeavors.
Company profile
Ticker
JBGS
Exchange
Website
CEO
Matt Kelly
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Vornado DC Spinco
SEC CIK
Corporate docs
Subsidiaries
601 E. Glebe Road, L.L.C. • 1101 Fern Street, L.L.C. • 1200 Eads Street LLC • 1200 Eads Street Sub LLC • 1229-1231 25th Street LLC • 1244 South Capitol Residential, L.L.C. • 1250 FIRST STREET OFFICE, L.L.C. • 1263 First Street, L.L.C. • 1270 4th Street NE, L.L.C. • 1400 Eads Street LLC ...
JBGS stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
13 Mar 24
DEF 14A
Definitive proxy
13 Mar 24
ARS
2023 FY
Annual report to shareholders
13 Mar 24
10-K
2023 FY
Annual report
20 Feb 24
8-K
Results of Operations and Financial Condition
20 Feb 24
10-Q
2023 Q3
Quarterly report
7 Nov 23
8-K
Results of Operations and Financial Condition
7 Nov 23
10-Q
2023 Q2
Quarterly report
8 Aug 23
8-K
Results of Operations and Financial Condition
8 Aug 23
8-K
Entry into a Material Definitive Agreement
28 Jul 23
Latest ownership filings
4
Robert Alexander Stewart
4 Mar 24
4
Madhumita Moina Banerjee
4 Mar 24
144
Notice of proposed sale of securities
1 Mar 24
4
Madhumita Moina Banerjee
26 Feb 24
3
Evan Regan-Levine
23 Feb 24
3
David Ritchey
23 Feb 24
4
Madhumita Moina Banerjee
16 Feb 24
SC 13G/A
T. Rowe Price Investment Management, Inc.
14 Feb 24
SC 13G/A
Long Pond Capital, LP
13 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 168.78 mm | 168.78 mm | 168.78 mm | 168.78 mm | 168.78 mm | 168.78 mm |
Cash burn (monthly) | 11.36 mm | 25.26 mm | 22.01 mm | 6.30 mm | (no burn) | (no burn) |
Cash used (since last report) | 75.97 mm | 168.98 mm | 147.24 mm | 42.13 mm | n/a | n/a |
Cash remaining | 92.81 mm | -197.88 k | 21.54 mm | 126.65 mm | n/a | n/a |
Runway (months of cash) | 8.2 | -0.0 | 1.0 | 20.1 | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 213 |
Opened positions | 27 |
Closed positions | 30 |
Increased positions | 50 |
Reduced positions | 94 |
13F shares | Current |
---|---|
Total value | 1.34 tn |
Total shares | 93.42 mm |
Total puts | 22.90 k |
Total calls | 12.80 k |
Total put/call ratio | 1.8 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 19.82 mm | $286.59 bn |
Vanguard | 16.39 mm | $236.93 bn |
Long Pond Capital | 7.66 mm | $110.77 bn |
MS Morgan Stanley | 7.18 mm | $103.79 bn |
STT State Street | 6.60 mm | $95.51 bn |
Thompson Siegel & Walmsley | 3.09 mm | $44.61 bn |
C Citigroup | 2.56 mm | $37.04 bn |
Geode Capital Management | 2.33 mm | $33.65 bn |
Charles Schwab Investment Management | 1.92 mm | $27.82 bn |
Private Management | 1.66 mm | $23.94 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Mar 24 | Stewart Robert Alexander | Common Shares | Buy | Acquire P | Yes | No | 16.87 | 30,000 | 506.10 k | 30,000 |
1 Mar 24 | Madhumita Moina Banerjee | Common Shares | Sell | Dispose S | No | No | 17 | 16,901 | 287.32 k | 0 |
22 Feb 24 | Madhumita Moina Banerjee | Common Shares | Gift | Dispose G | No | No | 0 | 2,000 | 0.00 | 16,901 |
15 Feb 24 | Madhumita Moina Banerjee | Common Shares | Conversion | Acquire C | No | No | 0 | 18,901 | 0.00 | 18,901 |
15 Feb 24 | Madhumita Moina Banerjee | OP Units Common Shares | Conversion | Dispose C | No | No | 0 | 18,901 | 0.00 | 148,159 |
15 Feb 24 | Madhumita Moina Banerjee | OP Units Common Shares | Conversion | Acquire C | No | No | 0 | 18,901 | 0.00 | 167,060 |
15 Feb 24 | Madhumita Moina Banerjee | LTIP Units Common Shares | Conversion | Dispose C | No | No | 0 | 18,901 | 0.00 | 218,226 |
Press releases
JBG Smith Achieves Goal to Preserve 3,000 Housing Units With Washington Housing Initiative Impact Pool
15 Apr 24
JBG SMITH Announces Date of First Quarter 2024 Results
9 Apr 24
JBG SMITH Releases Statement on Potomac Yard Entertainment District Proposal
27 Mar 24
JBG Smith Announces Fourth Quarter and Full Year 2023 Results
20 Feb 24
Arkhouse Nominates Nine Highly Qualified, Independent Candidates for Election to Macy's Board of Directors
20 Feb 24