Saul Centers, Inc. (BFS)

NYSE: BFS · Real-Time Price · USD
39.70
-0.37 (-0.92%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.92%
Market Cap 1.36B
Revenue (ttm) 267.61M
Net Income (ttm) 44.57M
Shares Out 34.17M
EPS (ttm) 1.85
PE Ratio 21.47
Forward PE 29.63
Dividend $2.36 (5.95%)
Ex-Dividend Date Oct 15, 2024
Volume 19,822
Open 39.85
Previous Close 40.07
Day's Range 39.51 - 39.85
52-Week Range 34.87 - 42.39
Beta 1.10
Analysts Strong Buy
Price Target 45.50 (+14.61%)
Earnings Date Nov 7, 2024

About BFS

Saul Centers is a self-managed, self-administered equity REIT headquartered in Bethesda, Maryland. Saul Centers currently operates and manages a real estate portfolio comprised of 61 properties that includes (a) 57 community and neighborhood Shopping Centers and Mixed-Use properties with approximately 9.8 million square feet of leasable area and (b) four land and development properties. Over 85% of the Company's property operating income is generated from properties in the metropolitan Washington, DC/Baltimore area. [Read more]

Industry REIT - Retail
Sector Real Estate
IPO Date Aug 19, 1993
Employees 141
Stock Exchange NYSE
Ticker Symbol BFS
Full Company Profile

Financial Performance

In 2023, Saul Centers's revenue was $257.21 million, an increase of 4.62% compared to the previous year's $245.86 million. Earnings were $41.50 million, an increase of 6.40%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for BFS stock is "Strong Buy" and the 12-month stock price forecast is $45.5.

Price Target
$45.5
(14.61% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Saul Centers, Inc. Reports Third Quarter 2024 Earnings

BETHESDA, Md. , Nov. 7, 2024 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS), an equity real estate investment trust ("REIT"), announced operating results for the quarter ended September 30, 2024 ("202...

13 days ago - PRNewsWire

2 Under-The-Radar REITs Retirees Should Get Familiar With

Real Estate Investment Trusts are ideal for retirees due to their legally mandated high dividend payouts, providing steady and reliable income. Saul Centers and American Assets Trust are two REITs wit...

Other symbols: AAT
7 weeks ago - Seeking Alpha

Saul Centers Declares Quarterly Dividends

BETHESDA, Md. , Sept. 19, 2024 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS) has declared a quarterly dividend of $0.59 per share on its common stock, to be paid on October 31, 2024, to holders of re...

2 months ago - PRNewsWire

Shopping Center REITs Are Hot: Pick A Winner

The current environment is favorable for REITs, with normalized prices, falling Treasury yields, and expected prime rate cuts. Shopping Center REITs offer above-average yields (3.88%) and superior gro...

Other symbols: AKRALEXBRXCTOFRTIVTKIM
2 months ago - Seeking Alpha

Saul Centers: A 6% Yielding Shopping Center REIT Great For Income-Oriented Investors

Saul Centers is a reliable income option for income-oriented investors, offering a decent yield of roughly 6% and solid fundamentals. Despite a flat share price, Saul Centers has strong dividend cover...

3 months ago - Seeking Alpha

7 Potential Mousetrap REITs - High, Potentially Unsafe Yields

From a fundamental standpoint, this may be a good time to invest in REITs with high yields. It's crucial to avoid mousetrap REITs with high dividend yields that may be unsustainable, as dividend cuts ...

Other symbols: AHHALXBDNBRTCBLCCI
3 months ago - Seeking Alpha

Saul Centers, Inc. Reports Second Quarter 2024 Earnings

BETHESDA, Md. , Aug. 1, 2024 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS), an equity real estate investment trust ("REIT"), announced operating results for the quarter ended June 30, 2024 ("2024 Qua...

3 months ago - PRNewsWire

Sell These 11 REITs While You Still Can

The next two to five years probably will not be kind to REITs. Weak REITs with messy balance sheets, weak forecast for FFO growth, unsafe dividends, and/or overvaluation are likely to suffer the most ...

Other symbols: BHRCBLCCOFPIGNLILPTSLG
5 months ago - Seeking Alpha

Saul Centers, Inc. Reports First Quarter 2024 Earnings

BETHESDA, Md. , May 2, 2024 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS), an equity real estate investment trust ("REIT"), announced operating results for the quarter ended March 31, 2024 ("2024 Qua...

7 months ago - PRNewsWire

Saul Centers: An Overlooked Shopping Center REIT Income Investors Should Consider

Saul Centers is a shopping center REIT with a portfolio of 61 properties, primarily located in the Northeastern US, with a focus on the metropolitan Baltimore/D.C. area. The company has shown resilien...

9 months ago - Seeking Alpha

Saul Centers, Inc. Reports Fourth Quarter 2023 Earnings

BETHESDA, Md. , Feb. 29, 2024 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS), an equity real estate investment trust ("REIT"), announced its operating results for the quarter ended December 31, 2023 (...

9 months ago - PRNewsWire

Saul Centers, Inc. Announces Tax Treatment of 2023 Dividends

BETHESDA, Md. , Jan. 19, 2024 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS), an equity real estate investment trust (REIT), announced today the income tax treatment of its 2023 dividends.

10 months ago - PRNewsWire

A Re-Evaluation Of Saul Centers Results In A Downgrade

Saul Centers, a REIT focused on owning and leasing shopping centers, has shown steady revenue growth but limited growth prospects in the competitive retail market. The company's revenue increased by 2...

10 months ago - Seeking Alpha

Saul Centers, Inc. Reports Third Quarter 2023 Earnings

BETHESDA, Md. , Nov. 2, 2023 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS), an equity real estate investment trust ("REIT"), announced operating results for the quarter ended September 30, 2023 ("202...

1 year ago - PRNewsWire

Saul Centers: Safe Yield, Attractive Upside

Saul Centers is a retail REIT that focuses on the acquisition, development, and management of shopping centers, as well as mixed-use assets. Despite the lack of specific growth drivers, the market in ...

1 year ago - Seeking Alpha

Saul Centers, Inc. Reports Second Quarter 2023 Earnings

BETHESDA, Md. , Aug. 3, 2023 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS), an equity real estate investment trust ("REIT"), announced operating results for the quarter ended June 30, 2023 ("2023 Qua...

1 year ago - PRNewsWire

Strip Center REITs: Retail Apocalypse Is Over

Strip Center REIT fundamentals have improved materially over the past year and continue to be underappreciated in the market as a decade-long “retail apocalypse” narrative has been tough to shake. The...

1 year ago - Seeking Alpha

Saul Centers, Inc. Reports First Quarter 2023 Earnings

BETHESDA, Md. , May 4, 2023 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS), an equity real estate investment trust ("REIT"), announced its operating results for the quarter ended March 31, 2023 ("2023...

1 year ago - PRNewsWire

Retail sector insiders are betting on no recession: 4 undervalued stocks they like now

Recession fears weigh heavily on investor sentiment and stocks, but retail sector insiders have been big buyers of shares of their own companies at a dozen names across the group. CEOs were the buyers...

Other symbols: AMZNAXPDGDLTRGPCKSSLVS
1 year ago - Market Watch

Saul Centers: A Grocery-Focused REIT With A D.C. Concentration

Saul Centers owns and operates a small portfolio of properties consisting of shopping centers and mixed-use commercial properties, located principally in the D.C. operating region. The company's expos...

1 year ago - Seeking Alpha

Saul Centers, Inc. Reports Fourth Quarter 2022 Earnings

BETHESDA, Md. , March 2, 2023 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS), an equity real estate investment trust ("REIT"), announced its operating results for the quarter ended December 31, 2022 (...

1 year ago - PRNewsWire

Saul Centers, Inc. Announces Tax Treatment of 2022 Dividends

BETHESDA, Md. , Jan. 19, 2023 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS), an equity real estate investment trust (REIT), announced today the income tax treatment of its 2022 dividends.

1 year ago - PRNewsWire

Saul Centers: With Recovery Completed, Some Upside Exists

Saul Centers has recovered nicely over the past year or so, with revenue and cash flows now climbing consistently again. That trend has continued into the current fiscal year and is showing no signs o...

2 years ago - Seeking Alpha

Saul Centers, Inc. Reports Third Quarter 2022 Earnings

BETHESDA, Md. , Nov. 8, 2022 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS), an equity real estate investment trust ("REIT"), announced its operating results for the quarter ended September 30, 2022 (...

2 years ago - PRNewsWire

Saul Centers, Inc. Reports Second Quarter 2022 Earnings

BETHESDA, Md. , Aug. 4, 2022 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS), an equity real estate investment trust ("REIT"), announced its operating results for the quarter ended June 30, 2022 ("2022...

2 years ago - PRNewsWire