Saul Centers (BFS) to Release Quarterly Earnings on Friday

Saul Centers (NYSE:BFS - Get Free Report) is expected to be issuing its Q4 2024 quarterly earnings data before the market opens on Friday, February 28th. Analysts expect the company to announce earnings of $0.32 per share and revenue of $68.94 million for the quarter.

Saul Centers (NYSE:BFS - Get Free Report) last posted its earnings results on Friday, February 28th. The real estate investment trust reported $0.63 EPS for the quarter, topping the consensus estimate of $0.32 by $0.31. The company had revenue of $67.92 million during the quarter, compared to the consensus estimate of $68.94 million. Saul Centers had a net margin of 20.84% and a return on equity of 17.16%. On average, analysts expect Saul Centers to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Saul Centers Stock Up 1.6 %

Saul Centers stock traded up $0.61 during trading on Friday, hitting $37.46. 58,631 shares of the company were exchanged, compared to its average volume of 46,291. The company has a market capitalization of $905.32 million, a P/E ratio of 20.36 and a beta of 1.11. The business's 50 day moving average is $37.17 and its 200 day moving average is $39.20. Saul Centers has a 52 week low of $34.98 and a 52 week high of $42.39. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 4.61.

Saul Centers Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th were paid a $0.59 dividend. The ex-dividend date was Wednesday, January 15th. This represents a $2.36 annualized dividend and a dividend yield of 6.30%. Saul Centers's payout ratio is 128.26%.

Remove Ads

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Saul Centers from a "hold" rating to a "buy" rating in a report on Thursday.

Saul Centers Company Profile

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.