BFS Stock Analysis: Saul Centers | NYSE
REIT - Retail | NYSE, USA | Market Cap: 1.241m USD | 12M Return: 10.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.81M
EPS Trend: -64.5%
Qual. Beats: 1
Rev. Trend: 99.2%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Saul Centers, Inc. (BFS) is a Maryland-based equity Real Estate Investment Trust (REIT) focused on the ownership and operation of community shopping centers and mixed-use properties. Established in 1993, the company manages a portfolio of 62 properties totaling approximately 10.5 million square feet of leasable area. The portfolio is highly concentrated geographically, with over 85% of property operating income derived from the Washington, D.C. and Baltimore metropolitan regions.
As a retail REIT, the company’s business model relies on long-term leases with grocery stores and essential service providers to maintain stable cash flows. Retail REITs generally benefit from high barriers to entry in densely populated urban corridors where land for new development is limited. Further insights into the companys valuation metrics are available on ValueRay. Saul Centers currently operates as a self-managed entity, overseeing both the leasing and development of its core retail and mixed-use assets.
- Grocery-anchored retail centers drive stable recurring rental revenue
- Washington DC market concentration increases sensitivity to federal employment trends
- Mixed-use development pipeline expansion shifts long-term capital allocation strategy
- Rising interest rates pressure debt service costs and FFO margins
| Net Income: 36.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA -0.95 > 1.0 |
| NWC/Revenue: -44.91% < 20% (prev -77.92%; Δ 33.01% < -1%) |
| CFO/TA 0.05 > 3% & CFO 98.7m > Net Income 36.8m |
| Net Debt (1.61b) to EBITDA (177.1m): 9.08 < 3 |
| Current Ratio: 0.35 > 1.5 & < 3 |
| Outstanding Shares: last quarter (24.2m) vs 12m ago 0.10% < -2% |
| Gross Margin: 74.71% > 18% (prev 72.40%; Δ 2.30% > 0.5%) |
| Asset Turnover: 13.82% > 50% (prev 12.86%; Δ 0.96% > 0%) |
| Interest Coverage Ratio: 1.61 > 6 (EBIT TTM 117.0m / Interest Expense TTM 72.9m) |
| A: -0.06 (Total Current Assets 70.6m - Total Current Liabilities 203.6m) / Total Assets 2.16b |
| B: -0.16 (Retained Earnings -345.9m / Total Assets 2.16b) |
| C: 0.05 (EBIT TTM 117.0m / Avg Total Assets 2.14b) |
| D: 0.18 (Book Value of Equity 301.9m / Total Liabilities 1.68b) |
| Altman-Z'' = -0.37 = B |
| DSRI: 1.12 (Receivables 61.3m/50.7m, Revenue 296.2m/274.0m) |
| GMI: 0.97 (GM 72.40% / 74.71%) |
| AQI: 58.51 (AQ_t 0.97 / AQ_t-1 0.02) |
| SGI: 1.08 (Revenue 296.2m / 274.0m) |
| TATA: -0.03 (NI 36.8m - CFO 98.7m) / TA 2.16b) |
| Beneish M = 31.20 (Cap -4..+1) = D |
As of July 13, 2026, the stock is trading at USD 36.14 with a total of 44,749 shares traded. Over the past week, the price has changed by -3.86%, over one month by -3.50%, over three months by +8.97% and over the past year by +10.48%.
Current recommended Stop Loss: 34.40 (which is 4.8% or 2.1 ATR below the current price).
Saul Centers has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy BFS.
- StrongBuy: 2
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 43.5 | 20.4% |
P/E Trailing = 33.8774
P/E Forward = 178.5714
P/S = 4.1878
P/B = 7.531
P/EG = 44.9732
Revenue TTM = 296.2m USD
EBIT TTM = 117.0m USD
EBITDA TTM = 177.1m USD
Long Term Debt = 1.46b USD (from longTermDebt, last quarter)
Short Term Debt = 138.0m USD (from shortTermDebt, last quarter)
Debt = 1.62b USD (from shortLongTermDebtTotal, last quarter) + Leases 19.4m
Net Debt = 1.61b USD (calculated: Debt 1.62b - CCE 9.33m)
Enterprise Value = 2.85b USD (1.24b + Debt 1.62b - CCE 9.33m)
Interest Coverage Ratio = 1.61 (Ebit TTM 117.0m / Interest Expense TTM 72.9m)
EV/FCF = 28.86x (Enterprise Value 2.85b / FCF TTM 98.7m)
FCF Yield = 3.47% (FCF TTM 98.7m / Enterprise Value 2.85b)
FCF Margin = 33.32% (FCF TTM 98.7m / Revenue TTM 296.2m)
Net Margin = 12.43% (Net Income TTM 36.8m / Revenue TTM 296.2m)
Gross Margin = 74.71% ((Revenue TTM 296.2m - Cost of Revenue TTM 74.9m) / Revenue TTM)
Gross Margin QoQ = 69.07% (prev 69.21%)
Tobins Q-Ratio = 1.32 (Enterprise Value 2.85b / Total Assets 2.16b)
Interest Expense / Debt = 4.51% (Interest Expense 72.9m / Debt 1.62b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 92.4m (EBIT 117.0m * (1 - 21.00%))
Current Ratio = 0.35 (Total Current Assets 70.6m / Total Current Liabilities 203.6m)
Debt / Equity = 5.36 (Debt 1.62b / totalStockholderEquity, last quarter 301.9m)
Debt / EBITDA = 9.08 (Net Debt 1.61b / EBITDA 177.1m)
Debt / FCF = 16.29 (Net Debt 1.61b / FCF TTM 98.7m)
Total Stockholder Equity = 312.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.72% (Net Income 36.8m / Total Assets 2.16b)
RoE = 11.80% (Net Income TTM 36.8m / Total Stockholder Equity 312.2m)
RoCE = 6.60% (EBIT 117.0m / Capital Employed (Equity 312.2m + L.T.Debt 1.46b))
RoIC = 4.44% (NOPAT 92.4m / Invested Capital 2.08b)
WACC = 4.80% (E(1.24b)/V(2.86b) * Re(6.42%) + D(1.62b)/V(2.86b) * Rd(4.51%) * (1-Tc(0.21)))
Discount Rate = 6.42% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 69.22 | Cagr: 0.25%
[DCF] Terminal Value 73.10% ; FCFF base≈106.3m ; Y1≈93.2m ; Y5≈75.3m
[DCF] Fair Price = N/A (negative equity: EV 1.21b - Net Debt 1.61b = -398.4m; debt exceeds intrinsic value)
EPS Correlation: -64.46 | EPS CAGR: -5.39% | SUE: 1.87 | # QB: 1
Revenue Correlation: 99.18 | Revenue CAGR: 5.98% | SUE: 0.13 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.14 | Chg30d=-48.15% | Revisions=+0% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.15 | Chg30d=-40.00% | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=0.57 | Chg30d=-44.12% | Revisions=-25% | GrowthEPS=-47.7% | GrowthRev=+9.8%
EPS next Year (2027-12-31): EPS=0.80 | Chg30d=-20.79% | Revisions=-25% | GrowthEPS=+40.4% | GrowthRev=+4.1%