Saul Centers Inc (NYSE:BFS) – Investment analysts at Capital One Financial reduced their Q3 2019 EPS estimates for Saul Centers in a research report issued to clients and investors on Thursday, August 8th. Capital One Financial analyst C. Lucas now anticipates that the real estate investment trust will earn $0.82 per share for the quarter, down from their previous estimate of $0.83. Capital One Financial also issued estimates for Saul Centers’ Q4 2019 earnings at $0.81 EPS, FY2019 earnings at $3.29 EPS, Q1 2020 earnings at $0.82 EPS, Q2 2020 earnings at $0.77 EPS, Q3 2020 earnings at $0.79 EPS, Q4 2020 earnings at $0.78 EPS, FY2020 earnings at $3.16 EPS and FY2021 earnings at $3.35 EPS.

A number of other analysts have also commented on BFS. Zacks Investment Research lowered shares of Saul Centers from a “hold” rating to a “sell” rating in a research note on Monday. DA Davidson restated a “neutral” rating on shares of Saul Centers in a research note on Monday, July 29th.

Shares of BFS stock opened at $52.67 on Monday. The company has a market cap of $1.25 billion, a price-to-earnings ratio of 16.94, a PEG ratio of 3.29 and a beta of 0.90. The company’s fifty day simple moving average is $54.54. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 4.07. Saul Centers has a 12 month low of $45.49 and a 12 month high of $60.65.

Several large investors have recently modified their holdings of the stock. Norges Bank purchased a new stake in Saul Centers during the fourth quarter valued at about $8,309,000. Panagora Asset Management Inc. purchased a new stake in Saul Centers during the second quarter valued at about $2,338,000. Millennium Management LLC lifted its holdings in Saul Centers by 171.7% during the fourth quarter. Millennium Management LLC now owns 64,394 shares of the real estate investment trust’s stock valued at $3,041,000 after purchasing an additional 40,692 shares during the last quarter. Martingale Asset Management L P purchased a new stake in Saul Centers during the first quarter valued at about $1,805,000. Finally, Renaissance Technologies LLC lifted its holdings in Saul Centers by 6.7% during the second quarter. Renaissance Technologies LLC now owns 501,374 shares of the real estate investment trust’s stock valued at $28,142,000 after purchasing an additional 31,700 shares during the last quarter. 45.78% of the stock is currently owned by institutional investors.

In related news, insider Scott V. Schneider sold 5,000 shares of the business’s stock in a transaction dated Wednesday, June 19th. The shares were sold at an average price of $57.10, for a total value of $285,500.00. Following the transaction, the insider now directly owns 4,000 shares of the company’s stock, valued at approximately $228,400. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO B Francis Saul II purchased 750 shares of the business’s stock in a transaction that occurred on Friday, May 31st. The stock was bought at an average cost of $53.77 per share, for a total transaction of $40,327.50. Following the completion of the acquisition, the chief executive officer now directly owns 38,328 shares in the company, valued at approximately $2,060,896.56. The disclosure for this purchase can be found here. Insiders have sold a total of 20,000 shares of company stock valued at $1,116,300 in the last 90 days. 48.50% of the stock is currently owned by company insiders.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 31st. Shareholders of record on Wednesday, July 17th were paid a dividend of $0.53 per share. The ex-dividend date was Tuesday, July 16th. This represents a $2.12 dividend on an annualized basis and a yield of 4.03%. Saul Centers’s dividend payout ratio (DPR) is presently 68.17%.

Saul Centers Company Profile

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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