Saul Centers, Inc. (BFS)
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]
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 StatementsAnalyst Forecast
According to one analyst, the rating for BFS stock is "Strong Buy" and the 12-month stock price forecast is $45.5.
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...
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...
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...
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...
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...
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 ...
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...
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 ...
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...
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...
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 (...
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.
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...
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...
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 ...
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...
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...
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...
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...
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...
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 (...
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.
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...
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 (...
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...