Saul Centers (BFS) AI Stock Analysis

• Market Cap: $822.62M
• Dividend Yield: 6.94%
• Average Volume (3M): 58.28K
• Price to Earnings (P/E): 25.6
• Beta (1Y): 0.53
• Revenue Growth: 5.17%
• EPS Growth: -25.96%
• Country: US
• Employees: 141
• Sector: Real Estate
• Sector Strength: 48
• Industry: REIT - Retail
• EPS (TTM): 0.33
• Shares Outstanding: 24,366,823
• 10 Day Avg. Volume: 55,192
• 30 Day Avg. Volume: 58,278
• 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: 3.33
• Enterprise Value/Revenue: 9.85
• Enterprise Value/Gross Profit: 12.36
• Enterprise Value/Ebitda: 15.79
• 1Y Price Target: $35.00
• Price Target Upside: 3.43% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 65 Neutral
• Price Target: $35.00 ▲(3.43% Upside)

Saul Centers' overall stock score is driven by its strong financial performance, particularly in operational efficiency, despite challenges in profitability and leverage. The technical analysis indicates a lack of strong momentum, with potential overbought conditions. The valuation is supported by a high dividend yield, making it appealing to income investors. The absence of earnings call data and corporate events limits additional insights.

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 shows consistent revenue growth and operational profitability, with strong cash flow generation relative to net income. However, high leverage poses financial risks, and low net profit margins affect long-term stability.

Income Statement

Saul Centers demonstrates a stable revenue growth with a rate of approximately 6.2% from 2023 to 2024. The gross profit margin remains strong at 71.7% for TTM, indicating effective cost management. However, the net profit margin is relatively low at 17.1%, suggesting higher operating costs or financial expenses. EBIT and EBITDA margins are healthy at 51.9% and 62.8% respectively, showcasing profitability in operations.

Balance Sheet

The company maintains a high debt-to-equity ratio of 4.7, reflecting significant leverage, which could pose financial risk. Return on Equity is modest at 14.3%, indicating moderate profitability relative to shareholder equity. The equity ratio is 15.4%, suggesting a low proportion of equity financing compared to total assets, which may impact financial stability.

Cash Flow

Saul Centers has a stable operating cash flow, but the free cash flow growth rate is negative due to consistent capital expenditures. The operating cash flow to net income ratio is favorable at 2.5, indicating strong cash generation relative to net income. The free cash flow to net income ratio is also strong at 2.5, showing that the company effectively converts its profits into cash.

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: Positive
• Last Price: 33.84
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BFS, the sentiment is Positive. The current price of 33.84 is above the 20-day moving average (MA) of 32.95, above the 50-day MA of 33.35, and below the 200-day MA of 34.66, indicating a neutral trend. The MACD of 0.20 indicates Negative momentum. The RSI at 57.85 is Neutral, neither overbought nor oversold. The STOCH value of 80.18 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BFS.

Saul Centers Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WSR	73 Outperform	$1.31B	19.70	7.97%	4.05%	4.04%	107.96%
NTST	72 Outperform	$1.78B	―	-0.43%	4.62%	21.31%	-199.59%
CBL	72 Outperform	$963.57M	14.90	21.97%	8.82%	2.20%	128.61%
SITC	70 Outperform	$631.44M	1.78	25.89%	3.63%	-57.45%	-20.83%
AKR	67 Neutral	$2.61B	117.44	0.95%	3.89%	7.09%	2591.94%
BFS	65 Neutral	$822.62M	25.62	12.90%	6.94%	5.17%	-25.96%
Sector *	63 Neutral	$7.02B	13.47	-0.52%	7.00%	3.61%	-22.78%