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Saul Centers Inc (BFS)

Upturn stock ratingUpturn stock rating
$32.6
Last Close (24-hour delay)
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PASS
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Upturn Stock infoUpturn Stock info Stock price based on last close
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Upturn Advisory Summary

08/14/2025: BFS (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

1 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $47

1 Year Target Price $47

Analysts Price Target For last 52 week
$47 Target price
52w Low $30.51
Current$32.6
52w High $40.3

Analysis of Past Performance

Type Stock
Historic Profit 1.21%
Avg. Invested days 62
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.12B USD
Price to earnings Ratio 24.7
1Y Target Price 47
Price to earnings Ratio 24.7
1Y Target Price 47
Volume (30-day avg) 1
Beta 1.11
52 Weeks Range 30.51 - 40.30
Updated Date 08/14/2025
52 Weeks Range 30.51 - 40.30
Updated Date 08/14/2025
Dividends yield (FY) 7.16%
Basic EPS (TTM) 1.32

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date 2025-08-08
When -
Estimate 0.35
Actual 0.33

Profitability

Profit Margin 15.51%
Operating Margin (TTM) 43.6%

Management Effectiveness

Return on Assets (TTM) 3.54%
Return on Equity (TTM) 11.38%

Valuation

Trailing PE 24.7
Forward PE -
Enterprise Value 2547019182
Price to Sales(TTM) 4.03
Enterprise Value 2547019182
Price to Sales(TTM) 4.03
Enterprise Value to Revenue 9.17
Enterprise Value to EBITDA 14.78
Shares Outstanding 24366800
Shares Floating 13534552
Shares Outstanding 24366800
Shares Floating 13534552
Percent Insiders 49.48
Percent Institutions 46.23

ai summary icon Upturn AI SWOT

Saul Centers Inc

stock logo

Company Overview

overview logo History and Background

Saul Centers, Inc. is a self-administered and self-managed real estate investment trust (REIT) founded in 1968. It specializes in owning, managing, and developing retail properties and mixed-use centers, primarily in the Mid-Atlantic region of the United States.

business area logo Core Business Areas

  • Shopping Center Ownership & Management: Saul Centers owns and manages a portfolio of community and neighborhood shopping centers. They lease space to various retail tenants including grocery stores, restaurants, and service providers.
  • Development & Redevelopment: The company actively develops and redevelops properties to enhance their value and attract new tenants. This includes expanding existing centers and building new mixed-use projects.
  • Mixed-Use Development: In recent years, Saul Centers has ventured into mixed-use projects, integrating residential, retail, and office spaces.

leadership logo Leadership and Structure

The leadership team includes the CEO, CFO, and other key executives responsible for strategic direction and operations. The organizational structure is typical of a REIT, with departments focused on property management, leasing, development, and finance.

Top Products and Market Share

overview logo Key Offerings

  • Retail Space Leasing: Saul Centers' primary revenue stream comes from leasing retail space in its shopping centers. While precise market share data is not readily available for such a specific segment, they compete with other REITs and private developers. Competitors are Regency Centers, Federal Realty, and Kimco Realty.
  • Property Management Services: Saul Centers provides property management services for its owned centers which improves the overall value. Precise market share data is not readily available. Competitors are Regency Centers, Federal Realty, and Kimco Realty.

Market Dynamics

industry overview logo Industry Overview

The retail REIT industry is influenced by consumer spending, e-commerce trends, and interest rates. There is shift to online sales, with many retail REITs struggling to fill vacancies, however Saul Centers has been successful in maintaining high occupancy rates and focus on high-quality, necessity-based retail tenants.

Positioning

Saul Centers positions itself as a high-quality owner and operator of necessity-based retail centers in attractive submarkets. This focused approach has allowed it to maintain high occupancy rates and strong tenant relationships.

Total Addressable Market (TAM)

The TAM for retail real estate is substantial, estimated to be in the trillions of dollars. Saul Centers focuses on a smaller portion of this market, concentrating on high-quality, necessity-based retail centers in the Mid-Atlantic region, and is considered a key player in the market.

Upturn SWOT Analysis

Strengths

  • Strong portfolio of high-quality, necessity-based retail centers
  • High occupancy rates
  • Experienced management team
  • Focus on attractive submarkets in the Mid-Atlantic region
  • Proven track record of development and redevelopment

Weaknesses

  • Concentration in a specific geographic region (Mid-Atlantic)
  • Susceptibility to economic downturns affecting retail spending
  • Reliance on retail tenants
  • Smaller market capitalization compared to larger REITs

Opportunities

  • Expanding into new geographic markets
  • Acquiring undervalued properties
  • Developing mixed-use projects
  • Enhancing existing properties through redevelopment
  • Capitalizing on the increasing demand for experiential retail

Threats

  • E-commerce disruption
  • Rising interest rates
  • Economic recession
  • Increased competition from other REITs and developers
  • Changes in consumer preferences

Competitors and Market Share

competitor logo Key Competitors

  • Regency Centers (REG)
  • Federal Realty Investment Trust (FRT)
  • Kimco Realty (KIM)

Competitive Landscape

Saul Centers differentiates itself through its focus on necessity-based retail and its strong presence in the Mid-Atlantic region. It faces competition from larger, more diversified REITs, but its niche focus allows it to maintain high occupancy rates and strong tenant relationships.

Growth Trajectory and Initiatives

Historical Growth: See public financial reports for up-to-date numbers.

Future Projections: See public financial reports for up-to-date numbers.

Recent Initiatives: Recent initiatives include redevelopment projects, acquisitions of strategic properties, and expansion of mixed-use developments.

Summary

Saul Centers Inc. is a solid retail REIT focused on necessity-based retail in the Mid-Atlantic. The company is strong due to its high occupancy rates and experienced management, but it needs to diversify geographically to mitigate risk. E-commerce and economic downturns are ongoing threats, while strategic acquisitions could provide opportunities for growth.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company SEC Filings
  • Company Website
  • Industry Reports
  • Analyst Reports

Disclaimers:

This analysis is based on publicly available information and is not financial advice. Investment decisions should be made based on individual circumstances and consultation with a qualified financial advisor. Market share data is approximate and may vary.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Saul Centers Inc

Exchange NYSE
Headquaters Bethesda, MD, United States
IPO Launch date 1993-08-19
Chairman & CEO Mr. Bernard Francis Saul II
Sector Real Estate
Industry REIT - Retail
Full time employees 141
Full time employees 141

As of March 31, 2025, 93.9% of the commercial portfolio was leased compared to 94.6% as of March 31, 2024. As of March 31, 2025, excluding The Milton at Twinbrook Quarter, the residential portfolio was 99.3% leased compared to 98.7% as of March 31, 2024. 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 62 properties, which includes (a) 50 community and neighborhood shopping centers and eight mixed-use properties with approximately 10.2 million square feet of leasable area and (b) four non-operating land and development properties. Over 85% of the Saul Centers' property net operating income is generated by properties in the metropolitan Washington, D.C./Baltimore area.