Saul Centers, Inc. (BFS-PD)
Real Estate · NYQ
Fundamentals
Valuation and ratings
Saul Centers, Inc. trades at USD20.96, which is 31% above the USD14.37 our discounted cash flow model 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 12.4 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-PD dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | USD1.15 | 3 |
| 2025 | USD1.53 | 4 |
| 2024 | USD1.15 | 3 |
| 2023 | USD1.53 | 4 |
| 2022 | USD1.53 | 4 |
| 2021 | USD1.53 | 4 |
| 2020 | USD1.53 | 4 |
| 2019 | USD1.53 | 4 |
| 2018 | USD1.44 | 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.
BFS-PD passes 2 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is Saul Centers, Inc. (BFS-PD) undervalued?
Against our discounted cash flow estimate of USD14.37, BFS-PD at USD20.96 is 31% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
What is BFS-PD's P/E ratio?
BFS-PD trades at 12.4 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-PD) pay a dividend?
Yes. Saul Centers, Inc. yields 7.22% at the current share price. It has paid USD1.53 per share over the trailing twelve months. It has paid a dividend in each of the last 8 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.
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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.