Analyst Price Target is $16.00
▲ +4.17% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for JBG SMITH Properties in the last 3 months. The average price target is $16.00, with a high forecast of $17.00 and a low forecast of $15.00. The average price target represents a 4.17% upside from the last price of $15.36.
Current Consensus is
Sell
The current consensus among 2 investment analysts is to sell stock in JBG SMITH Properties. This rating has held steady since July 2023, when it changed from a Hold consensus rating.
JBG SMITH owns, operates, invests in, and develops mixed-use properties in high growth and high barrier-to-entry submarkets in and around Washington, DC, most notably National Landing. Through an intense focus on placemaking, JBG SMITH cultivates vibrant, amenity-rich, 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 new headquarters; Virginia Tech's under-construction $1 billion Innovation Campus; the submarket's proximity to the Pentagon; and JBG SMITH's deployment of 5G digital infrastructure. JBG SMITH's dynamic portfolio currently comprises 14.2 million square feet of high-growth office, multifamily, and retail assets at share, 99% of which are Metro-served. It also maintains a development pipeline encompassing 8.8 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.
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