Wall Street analysts predict that Saul Centers Inc (NYSE:BFS) will post $0.81 earnings per share for the current quarter, according to Zacks. Four analysts have provided estimates for Saul Centers’ earnings. The highest EPS estimate is $0.83 and the lowest is $0.80. Saul Centers reported earnings per share of $0.69 during the same quarter last year, which would suggest a positive year over year growth rate of 17.4%. The company is scheduled to report its next earnings report on Thursday, May 2nd.

On average, analysts expect that Saul Centers will report full year earnings of $3.30 per share for the current year, with EPS estimates ranging from $3.27 to $3.35. For the next fiscal year, analysts expect that the business will report earnings of $3.36 per share, with EPS estimates ranging from $3.25 to $3.42. Zacks’ earnings per share averages are a mean average based on a survey of research firms that cover Saul Centers.

Separately, Zacks Investment Research upgraded Saul Centers from a “sell” rating to a “hold” rating in a research report on Tuesday.

Shares of BFS traded up $0.14 during mid-day trading on Friday, reaching $52.86. 26,127 shares of the company were exchanged, compared to its average volume of 49,691. Saul Centers has a 52 week low of $45.49 and a 52 week high of $60.65. The company has a debt-to-equity ratio of 4.17, a current ratio of 2.11 and a quick ratio of 2.11. The company has a market capitalization of $1.20 billion, a price-to-earnings ratio of 17.00, a price-to-earnings-growth ratio of 3.22 and a beta of 1.00.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Tuesday, April 16th will be given a dividend of $0.53 per share. The ex-dividend date of this dividend is Monday, April 15th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 4.01%. Saul Centers’s dividend payout ratio (DPR) is 68.17%.

In other Saul Centers news, Director Mark Sullivan III sold 2,500 shares of Saul Centers stock in a transaction that occurred on Wednesday, April 10th. The stock was sold at an average price of $53.00, for a total value of $132,500.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 48.50% of the stock is owned by company insiders.

A number of hedge funds have recently modified their holdings of the business. BlackRock Inc. increased its holdings in Saul Centers by 0.7% in the fourth quarter. BlackRock Inc. now owns 2,052,894 shares of the real estate investment trust’s stock worth $96,938,000 after purchasing an additional 14,968 shares in the last quarter. Vanguard Group Inc increased its holdings in Saul Centers by 2.8% in the third quarter. Vanguard Group Inc now owns 1,947,761 shares of the real estate investment trust’s stock worth $109,075,000 after purchasing an additional 53,115 shares in the last quarter. Vanguard Group Inc. increased its holdings in Saul Centers by 2.8% in the third quarter. Vanguard Group Inc. now owns 1,947,761 shares of the real estate investment trust’s stock worth $109,075,000 after purchasing an additional 53,115 shares in the last quarter. Principal Financial Group Inc. increased its holdings in Saul Centers by 9.7% in the fourth quarter. Principal Financial Group Inc. now owns 885,861 shares of the real estate investment trust’s stock worth $41,831,000 after purchasing an additional 78,452 shares in the last quarter. Finally, Renaissance Technologies LLC increased its holdings in Saul Centers by 7.8% in the third quarter. Renaissance Technologies LLC now owns 403,700 shares of the real estate investment trust’s stock worth $22,607,000 after purchasing an additional 29,100 shares in the last quarter. Institutional investors and hedge funds own 46.68% of the company’s stock.

Saul Centers Company Profile

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) 49 community and neighborhood shopping centers and seven mixed-use properties with approximately 9.3 million square feet of leasable area and (b) four land and development properties.

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Earnings History and Estimates for Saul Centers (NYSE:BFS)

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