Saul Centers (BFS) AI Stock Analysis

• Market Cap: $779.49M
• Dividend Yield: 7.29%
• Average Volume (3M): 59.40K
• Price to Earnings (P/E): 24.3
• Beta (1Y): 0.52
• Revenue Growth: 5.17%
• EPS Growth: -25.96%
• Country: US
• Employees: 141
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Retail
• EPS (TTM): 0.33
• Shares Outstanding: 24,366,823
• 10 Day Avg. Volume: 65,763
• 30 Day Avg. Volume: 59,400
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 3.51
• Enterprise Value/Revenue: 9.85
• Enterprise Value/Gross Profit: 12.36
• Enterprise Value/Ebitda: 15.79
• 1Y Price Target: $35.00
• Price Target Upside: 10.27% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 65 Neutral
• Price Target: $35.00 ▲(10.27% Upside)

The overall stock score of 65 reflects a solid financial performance with strong operational efficiency and a high dividend yield, which are attractive to investors. However, the high debt-to-equity ratio and modest revenue growth present some risks. Technical indicators suggest a neutral market sentiment, neither strongly bullish nor bearish.

Saul Centers Business Overview & Revenue Model

Company Description

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 60 properties which includes (a) 50 community and neighborhood shopping centers and seven mixed-use properties with approximately 9.8 million square feet of leasable area and (b) three land and development properties. Approximately 85% of the Saul Centers' property operating income is generated by properties in the metropolitan Washington, DC/Baltimore area.

How the Company Makes Money

Saul Centers generates revenue primarily through leasing its retail and commercial properties to tenants. The company earns rental income from long-term leases, which typically provide a stable cash flow. Additionally, BFS may generate ancillary income through property management fees, development services, and other related activities. The company benefits from its strategic locations and a diverse tenant mix, which helps mitigate risks associated with tenant turnover. Key partnerships with retailers and local businesses also contribute to its earnings by ensuring a steady demand for retail space. Furthermore, the company may engage in property development or redevelopment projects, which can lead to increased asset value and additional revenue streams.

Saul Centers Financial Statement Overview

Summary

Saul Centers demonstrates strong operational efficiency with high gross and EBIT margins, though profitability has slightly declined. The high debt-to-equity ratio is a concern, indicating potential leverage risks. Cash flow management remains stable, but the decrease in free cash flow growth suggests the need for improved cash generation strategies. Overall, the company maintains a solid financial position with areas for improvement in profitability and leverage management.

Income Statement

Saul Centers shows a strong gross profit margin of 79.76% in TTM, indicating efficient cost management. However, the net profit margin has decreased to 15.51% from 18.84% in the previous year, reflecting challenges in maintaining profitability. Revenue growth is modest at 1.36% TTM, suggesting stable but slow growth. EBIT and EBITDA margins remain robust, indicating solid operational efficiency.

Balance Sheet

The company has a high debt-to-equity ratio of 3.20 TTM, which poses a risk of financial leverage. Return on equity has decreased to 12.98% TTM from 15.09% in the previous year, indicating reduced profitability for shareholders. The equity ratio is not explicitly calculated but suggests a moderate level of equity financing relative to total assets.

Cash Flow

Free cash flow has decreased by 4.69% TTM, indicating potential challenges in cash generation. However, the operating cash flow to net income ratio of 0.11 suggests that the company generates sufficient cash from operations relative to its net income. The free cash flow to net income ratio remains stable at 1.0, indicating consistent cash flow management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	277.90M	268.85M	257.21M	245.86M	239.22M	225.21M
Gross Profit	221.64M	196.79M	190.07M	181.34M	177.60M	166.79M
EBITDA	173.38M	171.72M	166.61M	158.95M	155.64M	147.82M
Net Income	43.09M	50.65M	52.69M	50.19M	48.39M	40.38M
Balance Sheet
Total Assets	2.14B	2.13B	1.99B	1.83B	1.75B	1.65B
Cash, Cash Equivalents and Short-Term Investments	5.30M	10.30M	8.41M	13.28M	14.59M	26.86M
Total Debt	1.03B	1.53B	1.39B	1.22B	1.14B	1.15B
Total Liabilities	1.65B	1.63B	1.49B	1.31B	1.22B	1.22B
Stockholders Equity	322.38M	335.75M	348.39M	400.48M	405.05M	364.32M
Cash Flow
Free Cash Flow	112.24M	121.22M	117.73M	140.16M	118.38M	134.55M
Operating Cash Flow	112.24M	121.22M	117.73M	121.15M	118.38M	78.38M
Investing Cash Flow	-153.11M	-188.73M	-203.68M	-116.89M	-55.87M	-56.17M
Financing Cash Flow	39.30M	69.40M	81.08M	-5.58M	-74.77M	-9.26M

Saul Centers Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 31.74
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BFS, the sentiment is Negative. The current price of 31.74 is below the 20-day moving average (MA) of 32.94, below the 50-day MA of 32.92, and below the 200-day MA of 34.23, indicating a bearish trend. The MACD of -0.33 indicates Positive momentum. The RSI at 38.44 is Neutral, neither overbought nor oversold. The STOCH value of 21.65 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BFS.

Saul Centers Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SITC	73 Outperform	454.70M	1.32	102.92%	4.99%	-57.45%	-20.83%
WSR	73 Outperform	1.30B	19.86	7.89%	4.15%	4.04%	107.96%
CBL	72 Outperform	938.82M	15.11	18.23%	9.39%	2.20%	128.61%
AKR	68 Neutral	2.70B	122.05	-0.09%	3.84%	7.09%	2591.94%
NTST	66 Neutral	1.73B	-243.90	-0.44%	4.69%	21.31%	-199.59%
BFS	65 Neutral	$779.49M	24.28	12.90%	7.29%	5.17%	-25.96%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%