Saul Centers (BFS) Expected to Announce Earnings on Thursday

Saul Centers (NYSE:BFS - Get Free Report) is expected to be issuing its earnings results before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of $0.73 per share and revenue of $69.76 million for the quarter.

Saul Centers (NYSE:BFS - Get Free Report) last issued its quarterly 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 business had revenue of $67.92 million for the quarter, compared to analysts' expectations 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 Down 1.3 %

Saul Centers stock traded down $0.45 during midday trading on Tuesday, hitting $32.66. The stock had a trading volume of 4,613 shares, compared to its average volume of 50,240. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 4.61. The business has a fifty day moving average price of $35.03 and a 200 day moving average price of $37.48. Saul Centers has a 12 month low of $31.59 and a 12 month high of $42.39. The stock has a market cap of $790.28 million, a P/E ratio of 17.75 and a beta of 0.97.

Saul Centers Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 15th will be given a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 7.23%. The ex-dividend date of this dividend is Tuesday, April 15th. Saul Centers's dividend payout ratio is currently 144.79%.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Saul Centers from a "buy" rating to a "hold" rating in a research note on Friday, March 7th.

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.