Profile
Sector:
Real EstateIndustry:
RetailCountry:
United StatesIPO:
19 August 1993Website:
http://www.saulcenters.comNext earnings report:
28 February 2025Last dividends:
15 October 2024Next dividends:
N/APrice
after hours | Fri, 01 Nov 2024 21:30:01 GMTAnalysts recommendations
Institutional Ownership
BFS Latest News
Saul Centers (BFS) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.
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 with solid fundamentals and reliable dividends. Saul Centers focuses on shopping centers in the Baltimore/DC area, showing steady financial growth and maintaining a comfortable payout ratio.
Brixmor Property, Tanger and Saul Centers have been highlighted in this Industry Outlook article.
Amid limited supply and an emphasis on omnichannel retailing, adaptability and essential retail tenants, the Zacks REIT and Equity Trust - Retail industry stocks BRX, SKT and BFS are in focus.
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 coverage, growth potential, and an attractive valuation for long-term income-focused investors. The REIT's well-laddered debt maturities, strong dividend profile, and potential for growth make it a solid choice for long-term income investors.
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.
What type of business is Saul Centers?
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.
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 was Saul Centers the previous earnings report?
No data
When does Saul Centers earnings report?
The next expected earnings date for Saul Centers is 28 February 2025