B. Riley Comments on Saul Centers, Inc.'s FY2025 Earnings (NYSE:BFS)

Saul Centers, Inc. (NYSE:BFS - Free Report) - B. Riley issued their FY2025 earnings estimates for shares of Saul Centers in a research report issued to clients and investors on Wednesday, April 10th. B. Riley analyst J. Massocca forecasts that the real estate investment trust will post earnings per share of $2.74 for the year. B. Riley currently has a "Buy" rating and a $43.50 target price on the stock.

Saul Centers Stock Performance

NYSE BFS traded down $0.80 on Friday, hitting $36.24. 47,631 shares of the company traded hands, compared to its average volume of 55,778. The business's 50 day moving average price is $37.37 and its 200-day moving average price is $37.30. Saul Centers has a 52-week low of $32.13 and a 52-week high of $41.04. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 4.34. The company has a market capitalization of $869.11 million, a price-to-earnings ratio of 20.96 and a beta of 1.08.

Institutional Trading of Saul Centers

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Advisory Services Network LLC purchased a new position in Saul Centers in the first quarter worth $28,000. Tower Research Capital LLC TRC raised its holdings in shares of Saul Centers by 65.1% in the first quarter. Tower Research Capital LLC TRC now owns 898 shares of the real estate investment trust's stock worth $35,000 after buying an additional 354 shares during the last quarter. FMR LLC lifted its stake in shares of Saul Centers by 43.9% during the first quarter. FMR LLC now owns 1,197 shares of the real estate investment trust's stock worth $47,000 after buying an additional 365 shares during the period. LSV Asset Management purchased a new stake in shares of Saul Centers during the third quarter valued at $99,000. Finally, Captrust Financial Advisors purchased a new position in Saul Centers in the 2nd quarter worth $136,000. Hedge funds and other institutional investors own 49.99% of the company's stock.

Insider Activity at Saul Centers

In other news, CEO B Francis Saul II purchased 8,600 shares of the stock in a transaction on Wednesday, March 6th. The shares were acquired at an average price of $37.80 per share, with a total value of $325,080.00. Following the completion of the acquisition, the chief executive officer now directly owns 146,706 shares of the company's stock, valued at $5,545,486.80. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, CEO B Francis Saul II acquired 8,600 shares of the company's stock in a transaction on Wednesday, March 6th. The stock was acquired at an average price of $37.80 per share, with a total value of $325,080.00. Following the acquisition, the chief executive officer now directly owns 146,706 shares of the company's stock, valued at $5,545,486.80. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director James Page Lansdale sold 5,502 shares of Saul Centers stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $37.89, for a total value of $208,470.78. Following the completion of the sale, the director now directly owns 1,298 shares in the company, valued at $49,181.22. The disclosure for this sale can be found here. 50.50% of the stock is currently owned by corporate insiders.

Saul Centers Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Monday, April 15th will be given a dividend of $0.59 per share. The ex-dividend date of this dividend is Friday, April 12th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 6.51%. Saul Centers's payout ratio is currently 136.42%.

About 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.