Added to YB: 2025-09-10
Pitch date: 2025-09-08
JBGS [neutral]
JBG SMITH Properties
-23.99%
current return
Author Info
Raging Bull Investments is a lawyer by background who shares actionable investment ideas on value opportunities with a catalyst. Sign up for the newsletter.
Company Info
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.
Market Cap
$1.1B
Pitch Price
$22.71
Price Target
N/A
Dividend
3.90%
EV/EBITDA
21.84
P/E
-8.52
EV/Sales
8.13
Sector
Office REITs
Category
value
Raging Bull Investments | Idea Update - 9/8/2025 - JBG Smith Properties (Closing)
JBGS closed: 52% TSR, 45% IRR over 14 months. Bought back 26M shares (25% equity) at ~7% implied cap while selling assets sub-5% caps. Returned $450M to shareholders (30% starting market cap). NAV ~$25/share vs $22.50 current price. Closing position after strong performance.
Read full article (3 min)