Brokers Offer Predictions for Saul Centers Inc’s Q4 2019 Earnings (NYSE:BFS)

Saul Centers Inc (NYSE:BFS) – DA Davidson issued their Q4 2019 earnings per share (EPS) estimates for shares of Saul Centers in a report released on Monday, November 11th. DA Davidson analyst B. Oxford anticipates that the real estate investment trust will post earnings per share of $0.82 for the quarter. DA Davidson has a “Neutral” rating on the stock.

Several other research firms also recently weighed in on BFS. Zacks Investment Research downgraded Saul Centers from a “hold” rating to a “sell” rating in a research note on Monday, August 12th. ValuEngine downgraded Saul Centers from a “hold” rating to a “sell” rating in a research note on Friday, November 1st.

BFS stock opened at $51.30 on Wednesday. The company has a debt-to-equity ratio of 3.97, a quick ratio of 2.70 and a current ratio of 2.70. The company has a market capitalization of $1.22 billion, a price-to-earnings ratio of 16.50, a PEG ratio of 3.26 and a beta of 0.88. Saul Centers has a fifty-two week low of $45.49 and a fifty-two week high of $58.49. The stock has a fifty day moving average of $53.97 and a 200-day moving average of $53.99.

The business also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Shareholders of record on Thursday, October 17th were paid a $0.53 dividend. The ex-dividend date of this dividend was Wednesday, October 16th. This represents a $2.12 annualized dividend and a yield of 4.13%. Saul Centers’s dividend payout ratio is currently 68.17%.

In other Saul Centers news, VP Charles W. Sherren, Jr. sold 3,993 shares of the firm’s stock in a transaction dated Monday, October 7th. The stock was sold at an average price of $53.00, for a total value of $211,629.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 48.50% of the stock is owned by company insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of BFS. Tower Research Capital LLC TRC raised its holdings in shares of Saul Centers by 57.4% in the 3rd quarter. Tower Research Capital LLC TRC now owns 784 shares of the real estate investment trust’s stock valued at $43,000 after acquiring an additional 286 shares in the last quarter. Marshall Wace North America L.P. purchased a new stake in shares of Saul Centers in the 1st quarter valued at about $47,000. Russell Investments Group Ltd. purchased a new stake in shares of Saul Centers in the 2nd quarter valued at about $102,000. Denali Advisors LLC purchased a new stake in shares of Saul Centers in the 2nd quarter valued at about $112,000. Finally, SG Americas Securities LLC purchased a new stake in shares of Saul Centers in the 3rd quarter valued at about $116,000. Institutional investors and hedge funds own 46.07% of the company’s stock.

About 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) 56 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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