Saul Centers, Inc. is a self-managed, self-managed capital REIT based in Bethesda, Maryland, currently operating and managing a real estate portfolio of 60 properties that includes (a) 50 community and neighborhood shopping centers and seven mixed-use properties with approximately 9.
| Revenue (TTM) | $296.25M |
| Gross Profit (TTM) | $209.29M |
| EBITDA | $177.82M |
| Operating Margin | 40.50% |
| Return on Equity | 10.00% |
| Return on Assets | 3.55% |
| Revenue/Share (TTM) | $12.21 |
| Book Value | $4.75 |
| Price-to-Book | 7.71 |
| Price-to-Sales (TTM) | 4.18 |
| EV/Revenue | 9.03 |
| EV/EBITDA | 14.93 |
| Quarterly Earnings Growth (YoY) | -10.30% |
| Quarterly Revenue Growth (YoY) | 8.90% |
| Shares Outstanding | $24.54M |
| Float | $13.56M |
| % Insiders | 47.17% |
| % Institutions | 47.51% |
Volatility is currently contracting
Saul Centers trades at a steep 7.84x price/book, up 30%, despite lagging peers in 3-year total return. BFS preferreds (BFS.PR.D, BFS.PR.E) yield 7.3% and 6.6% but lack credit ratings and trade below par. Moody's methodology suggests a Ba3 credit profile for BFS, implying B2 for its preferreds—signaling elevated credit risk.
BETHESDA, Md., June 18, 2026 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS) has declared a quarterly dividend of $0.59 per share on its common stock, to be paid on July 31, 2026, to holders of record on July 15, 2026.
Saul Centers has rallied 15% since mid-May, benefiting from stabilized DC-area fundamentals and ramping growth projects. BFS delivered Q1 FFO of $0.71, with same-property revenue up 7% and multifamily occupancy at a robust 97.6%. High leverage (55% debt/EV, 8x EBITDA) persists, but deleveraging is expected as new properties scale and contribute to earnings.
BETHESDA, Md., May 7, 2026 /PRNewswire/ -- Saul Centers, Inc. (NYSE: BFS) (the "Company"), an equity real estate investment trust ("REIT"), announced operating results for the quarter ended March 31, 2026 ("2026 Quarter").
The S&P 600 Small Cap index offers exposure to quality small-cap stocks with earnings requirements, providing growth potential and less analyst coverage. Eight S&P 600 small-cap dividend stocks meet the 'IDEAL' criteria: dividends from $1K invested exceed share price and free cash flow supports payouts. Top ten S&P 600 small-cap dividend dogs are projected to deliver an average 64.97% net gain by April 2027, with above-market volatility.
High-yield 'mousetrap' REITs consistently underperform, with significant risk of dividend cuts and capital loss, as evidenced by recent 12-month returns lagging VNQ by over 1,000 bps. Dividend Safety scores are critical; REITs rated F face a 40% chance of a cut within 12 months, often resulting in sharp share price declines. Key danger signals include high payout ratios, weak revenues, and heavy debt loads.
