JBGS

BETHESDA, Md., May 05, 2026--(BUSINESS WIRE)--JBG SMITH (NYSE: JBGS), a leading owner, operator, and developer of mixed-use properties in the Washington, DC market, today filed its Form 10-Q for the quarter ended March 31, 2026 and reported its financial results. Additional information regarding our results of operations, properties, and tenants can be found in our First Quarter 2026 Investor Package, which is posted in the Investor Relations section of our website at www.jbgsmith.com. We encourage investors to consider the information presented here with the information in that document. First Quarter 2026 Highlights Net loss, Funds From Operations ("FFO"), and Core FFO attributable to common shareholders were: Annualized Net Operating Income ("Annualized NOI") for the three months ended March 31, 2026 was $249.7 million, compared to $245.3 million for the three months ended December 31, 2025, at our share. Excluding the assets that were recently acquired and sold, Annualized NOI for the three months ended March 31, 2026 was $246.9 million, compared to $244.7 million for the three months ended December 31, 2025, at our share. The increase in Annualized NOI, excluding the assets that were recently acquired and sold, was substantially attributable to abatement burn off at our ground lease asset. Same Store NOI ("SSNOI") at our share decreased 4.8% quarter-over-quarter to $54.3 million for the three months ended March 31, 2026. The decrease in SSNOI was substantially attributable to (i) lower occupancy and higher utilities expense in our multifamily portfolio and (ii) higher utilities expense and increased rent abatement, partially offset by lower real estate tax expense in our commercial portfolio. Operating Portfolio The operating multifamily portfolio was 86.8% leased and 84.5% occupied as of March 31, 2026, compared to 84.7% and 82.7% as of December 31, 2025, at our share. Our Same Store multifamily portfolio was 93.5% leased and 92.0% occupied as of March 31, 2026, compared to 91.8% and 90.4% as of December 31, 2025, at our share. In our Same Store multifamily portfolio, effective rents decreased by 10.5% for new leases and increased by 1.9% upon renewal while achieving a 62.4% renewal rate during the first quarter. The operating commercial portfolio was 76.9% leased and 75.2% occupied as of March 31, 2026, compared to 77.5% and 75.1% as of December 31, 2...

BETHESDA, Md. (AP) — BETHESDA, Md. (AP) — JBG Smith Properties (JBGS) on Tuesday reported a key measure of profitability in its first quarter. The real estate investment trust, based in Bethesda, Maryland, said it had funds from operations of $9.8 million, or 17 cents per share, in the period. Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization. The company said it had a loss of $18.7 million, or 32 cents per share. The real estate investment trust, based in Bethesda, Maryland, posted revenue of $127.6 million in the period. Its adjusted revenue was $105.9 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JBGS at https://www.zacks.com/ap/JBGS

BETHESDA, Md., April 30, 2026--(BUSINESS WIRE)--JBG SMITH (NYSE: JBGS), a leading owner, operator, and developer of mixed-use properties in the Washington, DC market, today announced that its Board of Trustees has declared a quarterly dividend of $0.175 per common share. The dividend will be paid on May 28, 2026 to common shareholders of record as of May 14, 2026. About JBG SMITH 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, where through our focus on placemaking, we cultivate vibrant, highly amenitized, walkable neighborhoods. JBG SMITH's portfolio comprises 12.0 million square feet at share of multifamily, office, and retail assets, and a 3.6 million square-foot development pipeline. For more information on JBG SMITH please visit www.jbgsmith.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260430794325/en/ Contacts Kevin Connolly JBG SMITH Executive Vice President, Portfolio Management & Investor Relations (240) 333-3837 [email protected]

BETHESDA, Md., April 14, 2026--(BUSINESS WIRE)--JBG SMITH (NYSE: JBGS), a leading owner, operator, and developer of mixed-use properties in the Washington, DC market, today announced that it will report first quarter 2026 financial results after the close of trading on May 5, 2026. The Company’s quarterly investor package, including its earnings release, will be available in the Investor Relations section of its website at investors.jbgsmith.com. About JBG SMITH 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, where through our focus on placemaking, we cultivate vibrant, highly amenitized, walkable neighborhoods. JBG SMITH's portfolio comprises 12.0 million square feet at share of multifamily, office, and retail assets, and a 3.6 million square-foot development pipeline. For more information on JBG SMITH please visit www.jbgsmith.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260414189334/en/ Contacts Kevin Connolly JBG SMITH Executive Vice President, Portfolio Management & Investor Relations (240) 333-3837 [email protected]

BETHESDA, Md. (AP) — BETHESDA, Md. (AP) — JBG Smith Properties (JBGS) on Tuesday reported a key measure of profitability in its fourth quarter. The real estate investment trust, based in Bethesda, Maryland, said it had funds from operations of $9.9 million, or 17 cents per share, in the period. Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization. The company said it had a loss of $45.5 million, or 78 cents per share. The real estate investment trust, based in Bethesda, Maryland, posted revenue of $127.6 million in the period. Its adjusted revenue was $104.8 million. For the year, the company reported funds from operations of $38.9 million. Revenue was reported as $416.8 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JBGS at https://www.zacks.com/ap/JBGS

BETHESDA, Md., February 17, 2026--(BUSINESS WIRE)--JBG SMITH (NYSE: JBGS), a leading owner, operator, and developer of mixed-use properties in the Washington, DC market, today filed its Form 10-K for the year ended December 31, 2025 and reported its financial results. Additional information regarding our results of operations, properties, and tenants can be found in our Fourth Quarter 2025 Investor Package, which is posted in the Investor Relations section of our website at www.jbgsmith.com. We encourage investors to consider the information presented here with the information in that document. Fourth Quarter 2025 Highlights Net loss, Funds From Operations ("FFO") and Core FFO attributable to common shareholders were: _____________ Annualized Net Operating Income ("Annualized NOI") for the three months ended December 31, 2025 was $245.3 million, compared to $242.3 million for the three months ended September 30, 2025, at our share. Excluding the assets that were sold and recently acquired, Annualized NOI for the three months ended December 31, 2025 was $244.7 million, compared to $241.8 million for the three months ended September 30, 2025, at our share. The increase in Annualized NOI, excluding the assets that were sold and recently acquired, was substantially attributable to (i) lower utilities expense and successful real estate tax appeals, partially offset by higher repairs and maintenance expense in our commercial portfolio, and (ii) the continued lease up of our recently delivered assets and lower utilities expense, partially offset by lower occupancy and market rents in our Same Store multifamily portfolio. Same Store NOI ("SSNOI") at our share decreased 4.2% quarter-over-quarter to $53.6 million for the three months ended December 31, 2025. The decrease in SSNOI was substantially attributable to (i) lower occupancy and higher utilities expense, partially offset by lower real estate taxes in our commercial portfolio and (ii) lower occupancy in our multifamily portfolio. Operating Portfolio The operating multifamily portfolio was 84.7% leased and 82.7% occupied as of December 31, 2025, compared to 89.1% and 87.2% as of September 30, 2025, at our share. Our Same Store multifamily portfolio was 91.8% leased and 90.4% occupied as of December 31, 2025, compared to 93.1% and 92.2% as of September 30, 2025, at our share. In our Same Store multifamily portfol...

BETHESDA, Md., January 20, 2026--(BUSINESS WIRE)--JBG SMITH (NYSE: JBGS), a leading owner, operator, and developer of mixed-use properties in the Washington, DC market, today announced that it will report fourth quarter and year-end 2025 financial results after the close of trading on February 17, 2026. The Company’s quarterly investor package, including its earnings release, will be available in the Investor Relations section of its website at investors.jbgsmith.com. About JBG SMITH 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 11.8 million square feet at share of multifamily, office and retail assets, 98% of which are Metro-served. It also maintains a development pipeline encompassing 8.7 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. For more information on JBG SMITH please visit www.jbgsmith.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260120381060/en/ Contacts Kevin Connolly JBG SMITH Executive Vice President, Portfolio Management & Investor Relations (240) 333-3837 [email protected]

BETHESDA, Md., December 16, 2025--(BUSINESS WIRE)--JBG SMITH (NYSE: JBGS), a leading owner, operator, and developer of mixed-use properties in the Washington, DC market, today announced that its Board of Trustees has declared a quarterly dividend of $0.175 per common share. The dividend will be paid on January 13, 2026 to common shareholders of record as of December 30, 2025. About JBG SMITH 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 11.8 million square feet at share of multifamily, office and retail assets, 98% of which are Metro-served. It also maintains a development pipeline encompassing 8.7 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. For more information on JBG SMITH please visit www.jbgsmith.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20251216028742/en/ Contacts Kevin Connolly JBG SMITH Executive Vice President, Portfolio Management & Investor Relations (240) 333-3837 [email protected]

BETHESDA, Md. (AP) — BETHESDA, Md. (AP) — JBG Smith Properties (JBGS) on Tuesday reported a key measure of profitability in its third quarter. The Bethesda, Maryland-based real estate investment trust said it had funds from operations of $9.1 million, or 15 cents per share, in the period. Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization. The company said it had a loss of $28.6 million, or 48 cents per share. The real estate investment trust, based in Bethesda, Maryland, posted revenue of $123.9 million in the period. Its adjusted revenue was $104 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JBGS at https://www.zacks.com/ap/JBGS

BETHESDA, Md., October 28, 2025--(BUSINESS WIRE)--JBG SMITH (NYSE: JBGS), a leading owner, operator, and developer of mixed-use properties in the Washington, DC market, today filed its Form 10-Q for the quarter ended September 30, 2025 and reported its financial results. Additional information regarding our results of operations, properties, and tenants can be found in our Third Quarter 2025 Investor Package, which is posted in the Investor Relations section of our website at www.jbgsmith.com. We encourage investors to consider the information presented here with the information in that document. Third Quarter 2025 Highlights Net loss, Funds From Operations ("FFO") and Core FFO attributable to common shareholders were: Annualized Net Operating Income ("Annualized NOI") for the three months ended September 30, 2025 was $242.3 million, compared to $268.4 million for the three months ended June 30, 2025, at our share. Excluding the assets that were sold, recapitalized and recently acquired, Annualized NOI for the three months ended September 30, 2025 was $232.9 million, compared to $242.2 million for the three months ended June 30, 2025, at our share. The decrease in Annualized NOI, excluding the assets that were sold, recapitalized and recently acquired, was substantially attributable to (i) higher utilities expenses in our commercial portfolio, and (ii) higher operating expenses and higher concessions, partially offset by the continued lease up of the recently completed assets in our multifamily portfolio. Same Store NOI ("SSNOI") at our share decreased 6.7% quarter-over-quarter to $54.1 million for the three months ended September 30, 2025. The decrease in SSNOI was substantially attributable to (i) lower occupancy and lower parking revenue in our commercial portfolio and (ii) lower occupancy and higher operating expenses, partially offset by higher rents and lower concessions in our multifamily portfolio. Operating Portfolio The operating multifamily portfolio was 89.1% leased and 87.2% occupied as of September 30, 2025, compared to 89.0% and 85.8% as of June 30, 2025. Our Same Store multifamily portfolio was 93.1% leased and 92.2% occupied as of September 30, 2025, compared to 94.7% and 92.8% as of June 30, 2025. In our Same Store multifamily portfolio, effective rents decreased by 0.8% for new leases and increased by 4.6% upon renewal while achieving a 56...

This article first appeared on GuruFocus. JBG SMITH Properties (NYSE:JBGS) is set to release its Q3 2025 earnings on Oct 28, 2025. The consensus estimate for Q3 2025 revenue is $127.67 million, and the earnings are expected to come in at -$0.49 per share. The full year 2025's revenue is expected to be $473.50 million and the earnings are expected to be -$2.07 per share. More detailed estimate data can be found on the Forecast page. Warning! GuruFocus has detected 11 Warning Signs with JBGS. Is JBGS fairly valued? Test your thesis with our free DCF calculator. Over the past 90 days, revenue estimates for JBG SMITH Properties (NYSE:JBGS) have increased from $465.68 million to $473.50 million for the full year 2025 and from $475.91 million to $486.29 million for 2026. Earnings estimates have remained flat at -$2.07 per share for the full year 2025 and at -$1.94 per share for 2026. In the previous quarter ending 2025-06-30, JBG SMITH Properties' (NYSE:JBGS) actual revenue was $106.51 million, which missed analysts' revenue expectations of $124.85 million by -14.69%. JBG SMITH Properties' (NYSE:JBGS) actual earnings were -$0.29 per share, which beat analysts' earnings expectations of -$0.54 per share by 46.30%. After releasing the results, JBG SMITH Properties (NYSE:JBGS) was up by 11.64% in one day. Based on the one-year price targets offered by 2 analysts, the average target price for JBG SMITH Properties (NYSE:JBGS) is $18.50 with a high estimate of $22.00 and a low estimate of $15.00. The average target implies a downside of -13.99% from the current price of $21.51. Based on GuruFocus estimates, the estimated GF Value for JBG SMITH Properties (NYSE:JBGS) in one year is $20.17, suggesting a downside of -6.23% from the current price of $21.51. Based on the consensus recommendation from 3 brokerage firms, JBG SMITH Properties' (NYSE:JBGS) average brokerage recommendation is currently 3.7, indicating an "Underperform" status. The rating scale ranges from 1 to 5, where 1 signifies strong buy, and 5 denotes sell.

BETHESDA, Md., October 23, 2025--(BUSINESS WIRE)--JBG SMITH (NYSE: JBGS), a leading owner, operator, and developer of mixed-use properties in the Washington, DC market, today announced that its Board of Trustees has declared a quarterly dividend of $0.175 per common share. The dividend will be paid on November 20, 2025 to common shareholders of record as of November 6, 2025. About JBG SMITH 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 12.0 million square feet at share of multifamily, office and retail assets, 98% of which are Metro-served. It also maintains a development pipeline encompassing 8.7 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. For more information on JBG SMITH please visit www.jbgsmith.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20251023067266/en/ Contacts Kevin Connolly JBG SMITH Executive Vice President, Portfolio Management & Investor Relations (240) 333-3837 [email protected]