Equities research analysts forecast that Saul Centers Inc (NYSE:BFS) will announce earnings per share of $0.78 for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for Saul Centers’ earnings. The highest EPS estimate is $0.78 and the lowest is $0.77. Saul Centers posted earnings of $0.73 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 6.8%. The business is scheduled to announce its next earnings report on Tuesday, March 6th.

On average, analysts expect that Saul Centers will report full year earnings of $3.21 per share for the current financial year, with EPS estimates ranging from $3.19 to $3.24. For the next year, analysts expect that the business will post earnings of $3.28 per share, with EPS estimates ranging from $3.25 to $3.31. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research analysts that follow Saul Centers.

A number of equities analysts have recently weighed in on BFS shares. Zacks Investment Research raised shares of Saul Centers from a “sell” rating to a “hold” rating in a research note on Tuesday, September 12th. Raymond James Financial reissued a “hold” rating on shares of Saul Centers in a research note on Monday, December 4th.

Saul Centers (NYSE BFS) traded up $0.06 during trading hours on Friday, hitting $57.71. 34,416 shares of the stock were exchanged, compared to its average volume of 27,457. The company has a debt-to-equity ratio of 4.62, a quick ratio of 2.68 and a current ratio of 2.68. Saul Centers has a fifty-two week low of $55.86 and a fifty-two week high of $66.14. The firm has a market cap of $1,288.60, a PE ratio of 35.41, a PEG ratio of 3.58 and a beta of 0.72.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Wednesday, January 17th will be paid a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 3.60%. This is a boost from Saul Centers’s previous quarterly dividend of $0.51. The ex-dividend date of this dividend is Tuesday, January 16th. Saul Centers’s dividend payout ratio is presently 125.15%.

In related news, insider James Page Lansdale sold 2,372 shares of the stock in a transaction dated Tuesday, December 12th. The shares were sold at an average price of $62.50, for a total value of $148,250.00. Following the sale, the insider now directly owns 2,972 shares of the company’s stock, valued at approximately $185,750. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Over the last three months, insiders sold 20,999 shares of company stock worth $1,329,716. 48.80% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of BFS. AXA grew its stake in Saul Centers by 31.6% in the 3rd quarter. AXA now owns 265,941 shares of the real estate investment trust’s stock valued at $16,464,000 after acquiring an additional 63,867 shares during the last quarter. BlackRock Inc. grew its stake in Saul Centers by 2.7% in the 2nd quarter. BlackRock Inc. now owns 1,748,798 shares of the real estate investment trust’s stock valued at $101,395,000 after acquiring an additional 45,574 shares during the last quarter. Teachers Advisors LLC grew its stake in Saul Centers by 9.6% in the 2nd quarter. Teachers Advisors LLC now owns 158,536 shares of the real estate investment trust’s stock valued at $9,192,000 after acquiring an additional 13,877 shares during the last quarter. Thrivent Financial For Lutherans grew its stake in Saul Centers by 141.1% in the 2nd quarter. Thrivent Financial For Lutherans now owns 22,318 shares of the real estate investment trust’s stock valued at $1,294,000 after acquiring an additional 13,060 shares during the last quarter. Finally, Northern Trust Corp grew its stake in Saul Centers by 5.8% in the 2nd quarter. Northern Trust Corp now owns 209,363 shares of the real estate investment trust’s stock valued at $12,139,000 after acquiring an additional 11,456 shares during the last quarter. 45.48% of the stock is currently owned by hedge funds and other institutional investors.

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Saul Centers Company Profile

Saul Centers, Inc operates as a real estate investment trust. The Company’s principal business activity is the ownership, management and development of income-producing properties. It operates through two segments: Shopping Centers and Mixed-Use Properties. The Company, which conducts all of its activities through its subsidiaries, the Saul Holdings Limited Partnership (Operating Partnership) and Subsidiary Partnerships, engages in the ownership, operation, management, leasing, acquisition, renovation, expansion, development and financing of community and neighborhood shopping centers and mixed-used properties in the Washington, District of Columbia/Baltimore metropolitan area.

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