Saul Centers, Inc. (NYSE:BFS - Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $34.62 and traded as high as $35.08. Saul Centers shares last traded at $34.9610, with a volume of 106,790 shares traded.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reiterated a "hold (c)" rating on shares of Saul Centers in a report on Friday, July 31st. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has an average rating of "Hold".
Read Our Latest Analysis on BFS
Saul Centers Price Performance
The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 5.64. The stock has a market capitalization of $864.24 million, a PE ratio of 36.04 and a beta of 0.91. The company has a 50-day moving average of $36.04 and a 200 day moving average of $34.62.
Saul Centers (NYSE:BFS - Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The real estate investment trust reported $0.24 earnings per share for the quarter, beating analysts' consensus estimates of $0.14 by $0.10. Saul Centers had a return on equity of 11.97% and a net margin of 11.54%.The company had revenue of $72.80 million for the quarter, compared to analyst estimates of $78.98 million.
Saul Centers Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th were given a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 6.8%. The ex-dividend date was Wednesday, July 15th. Saul Centers's dividend payout ratio is 243.30%.
Insider Buying and Selling at Saul Centers
In other Saul Centers news, COO David Todd Pearson purchased 2,600 shares of the stock in a transaction that occurred on Thursday, May 28th. The shares were purchased at an average cost of $34.74 per share, for a total transaction of $90,324.00. Following the completion of the transaction, the chief operating officer owned 79,321 shares of the company's stock, valued at $2,755,611.54. The trade was a 3.39% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 51.00% of the company's stock.
Institutional Trading of Saul Centers
A number of hedge funds have recently bought and sold shares of BFS. Ieq Capital LLC purchased a new position in Saul Centers in the 2nd quarter worth approximately $203,000. BlackRock Inc. purchased a new stake in shares of Saul Centers in the second quarter valued at approximately $84,302,000. Deutsche Bank AG purchased a new stake in shares of Saul Centers in the second quarter valued at approximately $483,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Saul Centers in the second quarter valued at approximately $417,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Saul Centers in the second quarter valued at approximately $4,510,000. Institutional investors and hedge funds own 49.99% of the company's stock.
About Saul Centers
(
Get Free Report)
Saul Centers, Inc is a publicly traded real estate investment trust (REIT) that specializes in the ownership, development and management of retail properties. The company's portfolio is focused on grocery-anchored and necessity-based shopping centers, providing stable, long-term cash flows through leasing arrangements with national and regional retailers. In addition to ground-up development, Saul Centers actively pursues redevelopment and adaptive reuse projects to enhance value in existing assets.
Founded by the Saul family in 1945, Saul Centers has grown from a local real estate development firm into a listed REIT while maintaining its headquarters in Bethesda, Maryland.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Saul Centers, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Saul Centers wasn't on the list.
While Saul Centers currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead.
This report highlights seven nuclear energy stocks positioned across the value chain—combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
