JBG SMITH Properties (JBGS)

NYSE · Real Estate · REIT - Diversified · USA

JBG SMITH Properties is a small cap company (market value between $300 million and $2 billion) in the REIT - Diversified industry.

JBG SMITH Properties is a Maryland real estate investment trust that owns and operates mixed-use properties in affluent, transit-accessible areas around Washington, D.C., particularly National Landing. The company also provides third-party real estate advisory services on a fee basis.

From its FY2025 annual report (Form 10-K)

Intrinsic value, DCF valuation, financial health and value investing analysis for the JBG SMITH Properties stock.

Our verdict on JBGS

Overvalued: intrinsic value $3.90 per share, market price $11.88, margin of safety -204.6% (as of 2026-10-30).

Its through-the-cycle earnings (7.6% median margin), capitalised at 9.8% with no growth, values the shares at $3.90; the price of $11.88 is 205% above that value.

Leak Score: 40/100 on 9 of 12 signals (On Watch).

ETFs with the most weight in JBGS

17 more funds hold it; the full list is part of the paid plan.

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Peers in REIT - Diversified

All 17 REIT - Diversified stocks

Cheaper than JBGS in REIT - Diversified

5 more in this industry show a wider margin of safety.

Is JBGS undervalued or overvalued?

JBGS is overvalued (as of the 2026-10-30 close). Its through-the-cycle earnings (7.6% median margin), capitalised at 9.8% with no growth, values the shares at $3.90; the price of $11.88 is 205% above that value.

What is the intrinsic value of JBGS?

$3.90 per share (as of the 2026-10-30 close), against a market price of $11.88. That is a margin of safety of -204.6%. The value is the average of the valuation methods that apply to this company, recomputed every night after the US close.

What is JBG SMITH Properties's Leak Score?

40 out of 100, which we rate "On Watch", on 9 of 12 value investing signals.