Saul Centers

Saul Centers, Inc. is a real estate investment trust, which engages in the ownership, management, and development of income producing properties. It operates through the following segments: Shopping Centers and Mixed-Use Properties. The Shopping Centers segment consists of community and neighbourhood shopping centers which are anchored by supermarkets, discount department stores, and drug stores. The Mixed-Use Properties segment consists of facilities which are located in differing commercial environments with distinctive demographic characteristics and are geographically removed from one another. The company was founded on June 10, 1993 and is headquartered in Bethesda, MD.

Earnings data Q1 2024

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BETHESDA, Md. , March 14, 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 April 30, 2024, to holders of record on April 15, 2024.

Saul Centers Declares Quarterly Dividends

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 resilience in the face of economic challenges, with increased revenue, net income, and FFO year-over-year. Saul Centers is focusing on apartment development, which is expected to strengthen its financials and cater to the growing demand for rentals.

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

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 ("2023 Quarter").

Saul Centers, Inc. Reports Fourth Quarter 2023 Earnings

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.

Saul Centers, Inc. Announces Tax Treatment of 2023 Dividends

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 2.8% in 2022 and 3.8% in the first nine months of 2023, driven by higher base rent. While BFS has attractive cash flows and a stable yield, it is not considered attractively priced compared to similar firms, leading to a downgrade to a 'hold' rating.

A Re-Evaluation Of Saul Centers Results In A Downgrade

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 ("2023 Quarter").

Saul Centers, Inc. Reports Third Quarter 2023 Earnings

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 which it operates along with its resilient tenant base can preserve present profitability. Given its high but safe dividend yield and significant NAV discount, BFS represents a get-paid-to-wait opportunity.

Saul Centers: Safe Yield, Attractive Upside

Saul Centers (BFS) came out with quarterly funds from operations (FFO) of $0.78 per share, beating the Zacks Consensus Estimate of $0.76 per share. This compares to FFO of $0.78 per share a year ago.

Saul Centers (BFS) Q2 FFO and Revenues Top Estimates

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 Quarter").

Saul Centers, Inc. Reports Second Quarter 2023 Earnings

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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 combination of near-zero new development and positive net store openings since 2021 has driven occupancy rates to record-highs and allowed Strip Center REITs to enjoy some long-awaited pricing power. These favorable property-level supply/demand fundamentals have translated into impressive double-digit rent growth spreads since mid-2022 and the best earnings “beat rate” of any property sector during that time.

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After years of a low interest rate environment, which currently is trending much higher, many investors have turned to equities not only for the growth potential but also for solid and dependable dividends that help to provide a passive income stream.

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With shoppers renewed enthusiasm for an in-store shopping experience and retail landlords' focus on omnichannel retailing, adaptive reuse capabilities and essential retail tenants, Zacks REIT and Equity Trust - Retail industry stocks AKR and BFS are in focus.

2 Top REITs to Buy From a Prospering Retail REIT Industry

After losing some value lately, a hammer chart pattern has been formed for Saul Centers (BFS), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

Bears are Losing Control Over Saul Centers (BFS), Here's Why It's a 'Buy' Now

Saul Centers (BFS) came out with quarterly funds from operations (FFO) of $0.79 per share, beating the Zacks Consensus Estimate of $0.75 per share. This compares to FFO of $0.80 per share a year ago.

Saul Centers (BFS) Tops Q1 FFO Estimates

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 Quarter").

Saul Centers, Inc. Reports First Quarter 2023 Earnings

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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 exposure to grocery-anchored tenants offsets the downside risks of their weaker mixed-use properties.

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

Saul Centers (BFS) delivered FFO and revenue surprises of -1.37% and 2.16%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Saul Centers (BFS) Lags Q4 FFO Estimates

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 ("2022 Quarter").

Saul Centers, Inc. Reports Fourth Quarter 2022 Earnings

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, Inc. Announces Tax Treatment of 2022 Dividends

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 of stopping.

Saul Centers: With Recovery Completed, Some Upside Exists

Saul Centers (BFS) delivered FFO and revenue surprises of -6.41% and 0.32%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Saul Centers (BFS) Q3 FFO Miss Estimates

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 ("2022 Quarter").

Saul Centers, Inc. Reports Third Quarter 2022 Earnings

Saul Centers (BFS) delivered FFO and revenue surprises of -3.70% and 2.06%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Saul Centers (BFS) Q2 FFO and Revenues Lag Estimates

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 Quarter").

Saul Centers, Inc. Reports Second Quarter 2022 Earnings

News for Saul Centers Stock (BFS)