Equities analysts expect Saul Centers Inc (NYSE:BFS) to post earnings per share of $0.80 for the current quarter, according to Zacks Investment Research. Four analysts have made estimates for Saul Centers’ earnings. The highest EPS estimate is $0.81 and the lowest is $0.79. Saul Centers reported earnings per share of $0.78 in the same quarter last year, which would suggest a positive year-over-year growth rate of 2.6%. The company is expected to announce its next earnings results on Thursday, November 1st.

On average, analysts expect that Saul Centers will report full-year earnings of $3.09 per share for the current year, with EPS estimates ranging from $3.06 to $3.10. For the next year, analysts forecast that the company will report earnings of $3.34 per share, with EPS estimates ranging from $3.29 to $3.37. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side analysts that follow Saul Centers.

Several research analysts have recently weighed in on BFS shares. B. Riley set a $54.00 price objective on shares of Saul Centers and gave the stock a “hold” rating in a research note on Thursday, May 10th. ValuEngine upgraded shares of Saul Centers from a “sell” rating to a “hold” rating in a research note on Thursday, July 5th. Finally, Zacks Investment Research upgraded shares of Saul Centers from a “sell” rating to a “hold” rating in a research note on Friday, August 10th. Five research analysts have rated the stock with a hold rating, Saul Centers presently has an average rating of “Hold” and a consensus price target of $56.50.

In other news, VP Steven N. Corey sold 3,750 shares of the business’s stock in a transaction dated Monday, August 20th. The shares were sold at an average price of $59.26, for a total transaction of $222,225.00. Following the transaction, the vice president now directly owns 3,750 shares in the company, valued at approximately $222,225. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Philip D. Caraci sold 1,100 shares of the business’s stock in a transaction dated Wednesday, August 15th. The stock was sold at an average price of $58.00, for a total transaction of $63,800.00. The disclosure for this sale can be found here. Insiders have sold a total of 17,583 shares of company stock worth $1,025,179 over the last 90 days. 49.60% of the stock is owned by company insiders.

Several institutional investors have recently added to or reduced their stakes in the company. Piedmont Investment Advisors LLC acquired a new position in Saul Centers in the 2nd quarter valued at about $151,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Saul Centers by 145.1% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,125 shares of the real estate investment trust’s stock valued at $167,000 after buying an additional 1,850 shares during the last quarter. Optimum Investment Advisors acquired a new position in Saul Centers in the 1st quarter valued at about $222,000. Aperio Group LLC grew its stake in Saul Centers by 71.9% in the 1st quarter. Aperio Group LLC now owns 6,961 shares of the real estate investment trust’s stock valued at $355,000 after buying an additional 2,912 shares during the last quarter. Finally, Royal Bank of Canada grew its stake in Saul Centers by 38.1% in the 1st quarter. Royal Bank of Canada now owns 7,692 shares of the real estate investment trust’s stock valued at $392,000 after buying an additional 2,124 shares during the last quarter. Institutional investors own 45.31% of the company’s stock.

Shares of BFS stock opened at $59.37 on Wednesday. The company has a current ratio of 1.96, a quick ratio of 1.96 and a debt-to-equity ratio of 4.27. Saul Centers has a 1 year low of $46.71 and a 1 year high of $65.43. The firm has a market capitalization of $1.35 billion, a price-to-earnings ratio of 18.67, a price-to-earnings-growth ratio of 3.89 and a beta of 0.68.

About Saul Centers

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 59 properties which includes (a) 49 community and neighborhood shopping centers and six mixed-use properties with approximately 9.2 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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