Saul Centers, Inc. (BFS)
Real Estate · NYQ
Price as at 30 Sept 2026, 16:27 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Saul Centers, Inc. trades at $30.00, which is 52% above the $14.27 our fair value estimate puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 46 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 33.7 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
BFS dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $1.77 | 3 |
| 2025 | $2.36 | 4 |
| 2024 | $2.36 | 4 |
| 2023 | $2.36 | 4 |
| 2022 | $2.32 | 4 |
| 2021 | $2.16 | 4 |
| 2020 | $2.12 | 4 |
| 2019 | $2.12 | 4 |
| 2018 | $2.08 | 4 |
| 2017 | $2.04 | 4 |
| 2016 | $1.84 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
About Saul Centers, Inc.
Saul Centers, Inc. is a self-managed, self-administered equity REIT. Saul Centers currently operates and manages a real estate portfolio comprised of 62 properties, which includes (a) 59 community and neighborhood shopping centers and mixed-use properties with approximately 10.6 million square feet of leasable area and (b) three non-operating land and development properties. Over 85% of the Saul Centers' property operating income is generated by properties in the Washington, DC/Baltimore metropolitan area. Saul Centers, Inc. is based in Bethesda, Maryland. Saul Centers, Inc. was established on June 10, 1993, and incorporated in Maryland.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
BFS passes 2 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
5 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Renaissance Technologies, RENAISSANCE TECHNOLOGIES LLC$6.62M · 0.0% of book
- Two Sigma, TWO SIGMA INVESTMENTS, LP$3.38M · 0.0% of book
- Arrowstreet Capital, ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$3.28M · 0.0% of book
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$2.05M · 0.0% of book
- Israel Englander, MILLENNIUM MANAGEMENT LLC$1.54M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Politician trades in BFS
Trades in BFS disclosed by members of Congress and executive-branch officials, latest first:
- Daniel Goldman · HouseSell · $1,001 - $15,000 · traded 12 Jul 2023 · disclosed 13 Aug 2023
A disclosure reports a value band, not an amount, and is due up to 45 days after the trade; some arrive later. Every filer we track, each with their own page, is on the Congress trading tracker.
BFS peers
The largest companies in the same industry (REIT - Retail), then in the same sector.
- KIM Kimco Realty Corporation
- REG Regency Centers Corporation
- FRT Federal Realty Investment Trust
- BRX Brixmor Property Group Inc.
- ADC Agree Realty Corporation
- EPRT Essential Properties Realty Trust, Inc.
- KRG Kite Realty Group Trust
- PECO Phillips Edison & Company, Inc.
Every real estate company we cover is on the Real Estate hub.
Common questions
Is Saul Centers, Inc. (BFS) undervalued?
Against our fair value estimate of $14.27, BFS at $30.00 is 52% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own BFS?
5 of the institutions we track reported a position in BFS in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is BFS's P/E ratio?
BFS trades at 33.7 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Saul Centers, Inc. (BFS) pay a dividend?
Yes. Saul Centers, Inc. yields 6.61% at the current share price. It has paid $2.36 per share over the trailing twelve months. It has paid a dividend in each of the last 33 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its BFS data?
Fundamentals for BFS come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 30 Sept 2026, 16:27 UTC and is delayed. Our data quality score for this company is 100/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for BFS, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.