Saul Centers (NYSE:BFS) Receiving Somewhat Favorable Press Coverage, Report Finds
News stories about Saul Centers (NYSE:BFS) have been trending somewhat positive this week, Accern reports. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Saul Centers earned a news impact score of 0.17 on Accern’s scale. Accern also gave headlines about the real estate investment trust an impact score of 46.5113850740645 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Zacks Investment Research Lowers Saul Centers, Inc. (NYSE:BFS) to Sell (americanbankingnews.com)
- FY2017 EPS Estimates for Saul Centers, Inc. (NYSE:BFS) Lowered by DA Davidson (americanbankingnews.com)
- See what the IHS Markit Score report has to say about Saul Centers Inc. (finance.yahoo.com)
- DA Davidson Weighs in on Saul Centers, Inc.’s Q4 2017 Earnings (BFS) (americanbankingnews.com)
Shares of Saul Centers (NYSE BFS) opened at 59.25 on Friday. The stock has a market capitalization of $1.29 billion, a P/E ratio of 37.48 and a beta of 0.73. Saul Centers has a 1-year low of $55.86 and a 1-year high of $68.75. The firm’s 50-day moving average is $59.44 and its 200 day moving average is $61.05.
The business also recently declared a quarterly dividend, which was paid on Monday, July 31st. Shareholders of record on Monday, July 17th were issued a dividend of $0.51 per share. The ex-dividend date was Thursday, July 13th. This represents a $2.04 annualized dividend and a yield of 3.44%. Saul Centers’s dividend payout ratio (DPR) is presently 129.11%.
Several equities research analysts have issued reports on the stock. Zacks Investment Research downgraded shares of Saul Centers from a “hold” rating to a “sell” rating in a research note on Thursday. BidaskClub upgraded shares of Saul Centers from a “sell” rating to a “hold” rating in a research note on Wednesday. Finally, BMO Capital Markets upgraded shares of Saul Centers from a “market perform” rating to an “outperform” rating in a research note on Monday, August 7th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $72.00.
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In other Saul Centers news, Director Patrick F. Noonan sold 5,000 shares of the stock in a transaction that occurred on Wednesday, May 24th. The stock was sold at an average price of $58.00, for a total transaction of $290,000.00. Following the transaction, the director now owns 12,588 shares in the company, valued at $730,104. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In the last quarter, insiders have sold 15,000 shares of company stock worth $885,800. Corporate insiders own 48.80% of the company’s stock.
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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