Profile
Sector:
Real EstateIndustry:
RetailCountry:
United StatesIPO:
19 August 1993Website:
http://www.saulcenters.comNext earnings report:
02 August 2024Last dividends:
12 April 2024Next dividends:
15 July 2024Price
after hours | Tue, 02 Jul 2024 20:03:01 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
BFS Latest News
BETHESDA, Md. , June 20, 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 July 31, 2024, to holders of record on July 15, 2024.
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 (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.
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.
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 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.
What type of business is Saul Centers?
Saul Centers, Inc. is a self-managed, self-administered equity REIT headquartered in Bethesda, Maryland, which currently operates and manages a real estate portfolio of 60 properties which includes (a) 50 community and neighborhood shopping centers and seven mixed-use properties with approximately 9.8 million square feet of leasable area and (b) three land and development properties. Approximately 85% of the Saul Centers' property operating income is generated by properties in the metropolitan Washington, DC/Baltimore area.
What sector is Saul Centers in?
Saul Centers is in the Real Estate sector
What industry is Saul Centers in?
Saul Centers is in the Retail industry
What country is Saul Centers from?
Saul Centers is headquartered in United States
When did Saul Centers go public?
Saul Centers initial public offering (IPO) was on 19 August 1993
What is Saul Centers website?
https://www.saulcenters.com
Is Saul Centers in the S&P 500?
No, Saul Centers is not included in the S&P 500 index
Is Saul Centers in the NASDAQ 100?
No, Saul Centers is not included in the NASDAQ 100 index
Is Saul Centers in the Dow Jones?
No, Saul Centers is not included in the Dow Jones index
When does Saul Centers report earnings?
The next expected earnings date for Saul Centers is 02 August 2024