JBG SMITH Properties
Close on Oct 19, 2026
- Market cap
- $629.47M
- P/E (TTM)
- –
- Dividend yield
- 6.48%
About JBG SMITH Properties
Real Estate Investment Trusts, SIC 6798
JBG SMITH is a real estate investment trust that owns, operates, and develops mixed-use properties, while also providing fee-based third-party real estate services. The company focuses on urban placemaking by combining commercial and residential assets with specialty and neighborhood retail spaces in pedestrian-friendly environments. Its operations span three primary business segments: multifamily, commercial, and third-party real estate services. The trust primarily serves commercial, residential, and retail tenants, including defense and technology companies as well as the U.S. federal government.
The company's portfolio is heavily concentrated in transit-oriented submarkets in and around Washington, D.C., predominantly within the National Landing neighborhood of Northern Virginia. As of year-end 2025, its operating holdings encompass 39 properties, including 15 multifamily assets totaling 6,519 units, 22 commercial properties covering 7.3 million square feet, and two wholly owned ground-leased land assets, alongside an extensive development pipeline. JBG SMITH maintains its corporate headquarters in Bethesda, Maryland.
Summary of the business section of JBG SMITH Properties's latest annual report, written by StockData.
Company profile
Company
- Legal name
- JBG SMITH Properties
- Headquarters
- Bethesda, MD
- Address
- 4747 Bethesda Avenue, Suite 200 20814
- Phone
- (240) 333-3600
- Website
- jbgsmith.com
- Employees
- 596, Dec 31, 2025
- Industry
- Real Estate Investment Trusts
- Incorporated in
- Maryland
- Fiscal year ends
- December 31
- Auditor
- Deloitte& Touche LLP, McLean, Virginia
Stock & identifiers
- Ticker
- JBGS
- Exchange
- NYSE
- IPO date
- Jul 6, 2017
- Shares outstanding
- 75M, Aug 5, 2026
- Public float
- $1.10B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1689796
- CUSIP
- 46590V100
- ISIN
- US46590V1008
- LEI
- 549300HHIW6GDQCPEC54
- EIN
- 81-4307010
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| William Matthew Kelly | Chief Executive Officer, Director | 90,727 |
| Steven A. Museles | Chief Legal Off. & Corp. Secy | 12,032 |
| Angela Valdes | Chief Accounting Officer | 0 |
| Evan Regan-Levine | Chief Strategy Officer | 3,985 |
| Madhumita Moina Banerjee | Chief Financial Officer | 0 |
| George Laucks Xanders | Chief Investment Officer | 4,000 |
| William J. Mulrow | Director | – |
| Michael J. Glosserman | Director | 0 |
| Alan S. Forman | Director | 3,000 |
| Robert Alexander Stewart | Director | 250,548 |
| D. Ellen Shuman | Director | – |
| Alisa Michelle Mall | Director | – |
| Scott A. Estes | Director | 20,000 |
| Phyllis R. Caldwell | Director | – |
| Carol A. Melton | Director | 2,500 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 W. Matthew Kelly | $5.52M | $7.60M | $1.89M | $67 | $81 |
| FY2024 W. Matthew Kelly | $9.18M | $6.04M | $2.74M | $58 | $94 |
| FY2023 W. Matthew Kelly | $7.88M | $5.09M | $2.42M | $61 | $78 |
| FY2022 W. Matthew Kelly | $7.88M | -$1.04M | $2.53M | $65 | $76 |
| FY2021 W. Matthew Kelly | $16.10M | $7.36M | $4.94M | $95 | $122 |
| FY2020 W. Matthew Kelly | $7.40M | $2.10M | $2.19M | $81 | $82 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 596 employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jul 21, 2017 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jan 24, 2017 | Spin-off | Registration as a new public company (Form 10), e.g. spin-off |