Workflow
Saul Centers(BFS)
icon
Search documents
What Makes Saul Centers (BFS) a New Buy Stock
ZACKS· 2024-12-19 18:00
Investors might want to bet on Saul Centers (BFS) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a changing ...
Saul Centers: Access To Affluent Shoppers Will Fuel Growth
Seeking Alpha· 2024-12-04 23:21
Saul Centers (NYSE:BFS) is an old-line shopping center REIT with its properties concentrated in the Washington DC MSA. Despite its tenure, the company never really came across our radar because it consistently traded at a premium FFO multiple. Back in 2015 it traded at 20X while other shopping center REITs were far cheaper. S&P Global Market IntelligenceSaul’s multiple dropped to about 11X during the pandemic but even that wasn’t cheap because REITs were so absurdly discounted in 2020 that we were buying o ...
Saul Centers (BFS) Q3 FFO and Revenues Beat Estimates
ZACKS· 2024-11-07 23:51
Saul Centers (BFS) came out with quarterly funds from operations (FFO) of $0.83 per share, beating the Zacks Consensus Estimate of $0.80 per share. This compares to FFO of $0.76 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 3.75%. A quarter ago, it was expected that this real estate investment trust involved mostly in shopping malls would post FFO of $0.77 per share when it actually produced FFO of $0.83, delivering a surprise of ...
Saul Centers(BFS) - 2024 Q3 - Quarterly Report
2024-11-07 21:20
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-12254 | --- | --- | |---------------------------------------------------------------------|------------------- ...
Saul Centers(BFS) - 2024 Q3 - Quarterly Results
2024-11-07 21:18
Exhibit 99.1 SAUL CENTERS, INC. 7501 Wisconsin Avenue, Suite 1500E, Bethesda, Maryland 20814-6522 (301) 986-6200 Saul Centers, Inc. Reports Third Quarter 2024 Earnings November 7, 2024, Bethesda, MD. Saul Centers, Inc. (NYSE: BFS), an equity real estate investment trust ("REIT"), announced operating results for the quarter ended September 30, 2024 ("2024 Quarter"). Total revenue for the 2024 Quarter increased to $67.3 million from $63.8 million for the quarter ended September 30, 2023 ("2023 Quarter"). Net ...
Saul Centers, Inc. Reports Third Quarter 2024 Earnings
Prnewswire· 2024-11-07 21:13
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 ("2024 Quarter").  Total revenue for the 2024 Quarter increased to $67.3 million from $63.8 million for the quarter ended September 30, 2023 ("2023 Quarter").  Net income increased to $19.6 million for the 2024 Quarter from $16.7 million for the 2023 Quarter primarily due to (a) higher base rent of $2.2 million, (b) ...
Saul Centers (BFS) Is a Great Choice for 'Trend' Investors, Here's Why
ZACKS· 2024-10-16 13:50
While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy. The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock ali ...
2 Under-The-Radar REITs Retirees Should Get Familiar With
Seeking Alpha· 2024-10-03 11:00
Because of current laws, Real Estate Investment Trusts are popular among retirees. One reason is they're required by law to pay out most of their taxable income in the form of Sign Up For A FREE 2-Week Trial Join iREIT® on Alpha today... for more in-depth research on REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, Builders, and Asset Managers. You'll get more articles throughout the week, and access to our Ratings Tracker with buy/sell recommendations on all the stocks we cover. Plus unlimited access to our mu ...
Here's Why Momentum in Saul Centers (BFS) Should Keep going
ZACKS· 2024-09-25 13:50
When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done. Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate re ...
Zacks Industry Outlook Brixmor Property, Tanger and Saul Centers
ZACKS· 2024-09-16 10:15
For Immediate Release Chicago, IL – September 16, 2024 – Today, Zacks Equity Research discusses, Brixmor Property Group Inc. (BRX) , Tanger Inc. (SKT) and Saul Centers, Inc. (BFS) . Industry: Retail REITs Link: https://www.zacks.com/commentary/2335779/3-retail-reits-poised-to-gain-from-upbeat-industryfundamentals The Zacks REIT and Equity Trust - Retail industry constituents are expected to benefit from the consumers' preference for in-store shopping experiences and the limited new supply of retail real est ...