JBG SMITH Properties [NYSE: JBGS] plunged by -$0.55 during the normal trading session on Thursday and reaching a high of $15.33 during the day while it closed the day at $14.86. The company report on March 3, 2023 that Fair Isaac & Co. Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600.
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S&P Dow Jones Indices (“S&P DJI”) will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices effective prior to the open of trading on Monday, March 20, to coincide with the quarterly rebalance. The changes are being made to ensure each index is more representative of its market capitalization range. The company moving to the S&P 500 is more representative of the large-cap market space. All companies moving to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies moving to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being discretionarily removed from the S&P SmallCap 600 are no longer representative of the small-cap market space.
S&P MidCap 400 constituent Fair Isaac & Co Inc. (NYSE:FICO) will replace Lumen Technologies Inc. (NYSE:LUMN) in the S&P 500, and Lumen Technologies will replace Bed Bath & Beyond Inc (NASD:BBBY) in the S&P SmallCap 600. Valaris Limited (NYSE:VAL) will replace Fair Isaac & Co in the S&P MidCap 400.
JBG SMITH Properties stock has also loss -7.30% of its value over the past 7 days. However, JBGS stock has declined by -25.96% in the 3 months of the year. Over the past six months meanwhile, it has lost -31.39% and lost -21.71% year-on date.
The market cap for JBGS stock reached $1.76 billion, with 113.80 million shares outstanding and 113.42 million shares in the current float. Compared to the average trading volume of 1.28M shares, JBGS reached a trading volume of 4448670 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about JBG SMITH Properties [JBGS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for JBGS shares is $19.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on JBGS stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BMO Capital Markets have made an estimate for JBG SMITH Properties shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on May 31, 2022. While these analysts kept the previous recommendation, Wolfe Research dropped their target price from $35 to $26. The new note on the price target was released on May 23, 2022, representing the official price target for JBG SMITH Properties stock. Previously, the target price had yet another raise to $37, while Wolfe Research analysts kept a Outperform rating on JBGS stock.
The Average True Range (ATR) for JBG SMITH Properties is set at 0.61, with the Price to Sales ratio for JBGS stock in the period of the last 12 months amounting to 2.91. The Price to Book ratio for the last quarter was 0.63, with the Price to Cash per share for the same quarter was set at 2.03. Price to Free Cash Flow for JBGS in the course of the last twelve months was 352.27.
JBGS stock trade performance evaluation
JBG SMITH Properties [JBGS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.30. With this latest performance, JBGS shares dropped by -22.97% in over the last four-week period, additionally sinking by -31.39% over the last 6 months – not to mention a drop of -47.71% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for JBGS stock in for the last two-week period is set at 22.77, with the RSI for the last a single of trading hit 19.43, and the three-weeks RSI is set at 26.53 for JBG SMITH Properties [JBGS]. The present Moving Average for the last 50 days of trading for this stock 18.46, while it was recorded at 15.32 for the last single week of trading, and 20.84 for the last 200 days.
JBG SMITH Properties [JBGS]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and JBG SMITH Properties [JBGS] shares currently have an operating margin of +4.23 and a Gross Margin at +29.69. JBG SMITH Properties’s Net Margin is presently recorded at +13.78.
Return on Equity for this stock inclined to 2.98, with Return on Assets sitting at 1.36.
Earnings per share (EPS) analysis for JBG SMITH Properties [JBGS] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for JBGS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for JBG SMITH Properties go to 6.00%.
JBG SMITH Properties [JBGS]: Insider Ownership positions
There are presently around $1,609 million, or 97.10% of JBGS stock, in the hands of institutional investors. The top three institutional holders of JBGS stocks are: VANGUARD GROUP INC with ownership of 15,843,948, which is approximately -3.021% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 12,807,698 shares of the stock with an approximate value of $190.32 million in JBGS stocks shares; and NORGES BANK, currently with $141.34 million in JBGS stock with ownership of nearly -18.807% of the company’s market capitalization.
Positions in JBG SMITH Properties stocks held by institutional investors increased at the end of Tuesday and at the time of the Tuesday reporting period, where 126 institutional holders increased their position in JBG SMITH Properties [NYSE:JBGS] by around 11,775,426 shares. Additionally, 102 investors decreased positions by around 12,246,294 shares, while 47 investors held positions by with 84,288,039 shares. The mentioned changes placed institutional holdings at 108,309,759 shares, according to the latest SEC report filing. JBGS stock had 41 new institutional investments in for a total of 4,320,000 shares, while 32 institutional investors sold positions of 1,646,429 shares during the same period.