|Bid||0.79 x 100|
|Day's Range||77.74 - 78.37|
|52 Week Range||69.81 - 90.32|
|PE Ratio (TTM)||15.08|
|Dividend & Yield||2.84 (3.64%)|
|1y Target Est||N/A|
In a ceremonial rite of passage for publicly traded companies, newly minted JBG Smith Properties CEO Matt Kelly rang the opening bell Wednesday morning to mark the start of trading on the New York Stock Exchange. Kelly, joined by the company's top executives and guests, made the journey to Wall Street a week after shares of JBG Smith (JBGS) began trading openly on the NYSE . The real estate investment trust was created when Vornado Realty Trust spun off its D.C. portfolio and merged it with Chevy Chase-based developer The JBG Cos., which Kelly led as managing partner up until the new company's official creation in a two-part transaction .
Although Vornado Realty Trust (VNO) may witness lower margins during a higher interest rate environment, it may see significant growth in the near future.
Wall Street expects Vornado Realty Trust (VNO) to post flat year-over-year top-line and bottom-line results in 2Q17.