Nov 6, 6:30 AM ET
JBG SMITH reported third-quarter 2026 results, with Core FFO attributable to common shares of $12.7 million, or $0.22 per diluted share, up from $9.1 million, or $0.15, a year earlier. The company also reported a net loss of $82.0 million, or $1.41 per share, compared with a $28.6 million loss a year earlier, and the loss included $69.2 million of impairment losses. For shareholders, core operating earnings improved, but the larger loss reflects write-downs on real estate.
- Core FFO was $12.7 million, or $0.22 per diluted share, for the three months ended September 30, 2026, versus $9.1 million, or $0.15, a year earlier.
- Net loss was $82.0 million, or $1.41 per diluted share, versus $28.6 million, or $0.48, in the prior-year quarter; impairment losses were $69.2 million.
- Same Store NOI at the company's share rose 3.3% to $60.8 million, and the Same Store multifamily portfolio was 94.4% leased as of September 30, 2026.
- The Board declared a quarterly dividend of $0.175 per common share, payable November 25, 2026, to holders of record as of November 12, 2026.
Read the filing on SEC.gov ↗
Aug 27, 6:48 PM ET
JBG SMITH Properties LP entered into a Second Amended and Restated Credit Agreement with Bank of America on August 27, 2026, providing a $690.0 million senior unsecured revolver maturing August 27, 2030, with $230.0 million drawn as of that date. The company also amended two Wells Fargo term loans and its $120.0 million 2023 Term Loan to align covenants with the new revolver, extending part of a $400.0 million term loan to August 25, 2028.
- $690.0 million revolving facility replaces the $750.0 million Existing Credit Agreement, which was due June 29, 2027; $230.0 million was drawn as of August 27, 2026
- Revolver matures August 27, 2030, with two six-month extension options at a 0.075% fee each
- $228.9 million of the $400.0 million Tranche A-2 term loan was extended to August 25, 2028; $171.1 million remains due January 13, 2028, and the term loan was increased by $15.0 million
- Financial covenants include total indebtedness to property valuation of not more than 60% and EBITDA to fixed charges of at least 1.50 to 1.00
Read the filing on SEC.gov ↗
Aug 10, 6:30 AM ET
JBG SMITH reported a second-quarter 2026 net loss of $59.2 million, or $1.03 per diluted share, versus a net loss of $19.2 million a year earlier, and Core FFO fell to $10.4 million from $12.7 million. On July 31, 2026, a DC Superior Court judgment in the Wardman Tower case ordered the defendants, including the company, to pay about $356.1 million plus attorneys' fees; the company says it will appeal and believes a loss is not probable, so no liability is recorded.
- Q2 2026 net loss of $59.2 million ($1.03 per diluted share) vs. $19.2 million ($0.29) in Q2 2025
- Core FFO of $10.4 million ($0.18 per diluted share) vs. $12.7 million ($0.19) in Q2 2025; Same Store NOI down 4.0%
- Wardman Tower judgment on July 31, 2026: $118.7 million in damages, trebled to about $356.1 million; no liability recorded as of June 30, 2026
- Quarterly dividend of $0.175 per share declared July 30, 2026, payable August 27, 2026
Read the filing on SEC.gov ↗
May 5, 4:15 PM ET
JBG SMITH reported a first-quarter 2026 net loss of $18.7 million, or $0.32 per diluted share, compared with a $45.7 million loss a year earlier; the result included $21.1 million of gains on real estate sales. Core FFO attributable to common shareholders rose to $9.8 million, or $0.17 per diluted share, from $7.2 million, or $0.09, a year earlier, while Same Store NOI fell 4.8% to $54.3 million. The company also declared a $0.175 quarterly dividend.
- Net loss of $18.7 million, or $0.32 per diluted share, versus $45.7 million, or $0.56, in Q1 2025
- Core FFO of $9.8 million, or $0.17 per diluted share, versus $7.2 million, or $0.09, in Q1 2025
- Same Store NOI decreased 4.8% to $54.3 million; net debt to annualized Adjusted EBITDA was 12.7x as of March 31, 2026
- Quarterly dividend of $0.175 per common share, payable May 28, 2026 to shareholders of record as of May 14, 2026
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
