Saul Centers (BFS) to Release Quarterly Earnings on Thursday

Saul Centers (NYSE:BFS) is expected to announce its earnings results before the market opens on Thursday, March 6th. Analysts expect the company to announce earnings of $0.32 per share and revenue of $68.94 million for the quarter.

Saul Centers Price Performance

BFS opened at $36.83 on Thursday. Saul Centers has a one year low of $34.98 and a one year high of $42.39. The company has a debt-to-equity ratio of 4.61, a current ratio of 1.13 and a quick ratio of 1.13. The company’s 50 day simple moving average is $37.25 and its 200-day simple moving average is $39.23. The stock has a market capitalization of $890.22 million, a P/E ratio of 20.02 and a beta of 1.11.

Saul Centers Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th were paid a dividend of $0.59 per share. The ex-dividend date was Wednesday, January 15th. This represents a $2.36 annualized dividend and a dividend yield of 6.41%. Saul Centers’s dividend payout ratio (DPR) is currently 128.26%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Saul Centers from a “buy” rating to a “hold” rating in a research note on Wednesday, December 18th.

About Saul Centers

Saul Centers is a self-managed, self-administered equity REIT headquartered in Bethesda, Maryland. Saul Centers currently operates and manages a real estate portfolio comprised of 61 properties that includes (a) 57 community and neighborhood Shopping Centers and Mixed-Use properties with approximately 9.8 million square feet of leasable area and (b) four land and development properties.