SAUL CENTERS, INC.
BFSNYSE
$36.65
↑ +0.2%Jul 17 close · end-of-day
Price
1Y↑ +17.6%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$892.7M
Enterprise Value
$2.5B
P/E
34.6
P/S
3.0
P/B
3.0
EV/EBITDA
9.6
PEG
—
FCF Yield
—
Dividend Yield
6.4%
Revenue (TTM)
$296.2M
Net Income (TTM)
$36.8M
Free Cash Flow (TTM)
—
Gross Margin
—
Operating Margin
67.2%
Net Margin
12.4%
ROE
12.2%
ROIC
8.3%
Debt / Equity
5.3
Net Cash
-$1.6B
Return 1Y
+19.3%
Company profile
Saul Centers, Inc. is a self-managed, self-administered equity REIT headquartered in Bethesda, Maryland. 85% of the Saul Centers' property operating income is generated by properties in the metropolitan Washington, DC/Baltimore area.
- CEO
- Bernard F. Saul
- Sector
- Finance, Insurance, And Real Estate
- Industry
- Trading
- Employees
- 110
- Headquarters
- Maryland
- Website
- saulcenters.com
Management & directors
- Pearson David ToddPresident & COO
- Collich John FSr. VP, Chief Acq. & Dev. Off.
- Friedlis Zachary MaxwellSr. VP-Director of Leasing
- Friedman Joel AlbertExec VP, CAO & Treasurer
- Garland Judith K.SVP, Office and Retail
- Godby LoriSenior Vice Pres.-Residential
- Guevara Bettina T.Exec. VP /Chf Legal & Adm Off
- Hachey Donald ASVP-Chief Construction Officer
- Heard Carlos LawrenceSenior Vice President & CFO
- Laycock Willoughby B.SVP-Res. Design/Mrkt Research
- Lotuff Patricia SaulVice Chair
- Saul B Francis IiChairman & CEO
Roles derived from SEC Form 4 filings.
Earnings
BFS Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$78.3M↑ +8.9%
Diluted EPS$0.26↓ -10.3%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $225.2M | $239.2M | $245.9M | $257.2M | $268.8M | $289.8M |
| Gross profit | $166.8M | $177.6M | $181.3M | $190.1M | — | — |
| Operating income | — | — | $180.5M | $189.4M | $203.8M | $195.3M |
| Net income | $40.4M | $48.4M | $50.2M | $52.7M | $50.6M | $37.5M |
| Diluted EPS | $1.25 | $1.57 | $1.63 | $1.73 | $1.63 | $1.09 |
| Operating cash flow | $78.4M | $118.4M | $121.2M | $117.7M | $121.2M | $99.8M |
| Free cash flow | $22.2M | $62.5M | $4.3M | — | — | — |
| Gross margin | 74.1% | 74.2% | 73.8% | 73.9% | — | — |
| Operating margin | — | — | 73.4% | 73.6% | 75.8% | 67.4% |
| Net margin | 17.9% | 20.2% | 20.4% | 20.5% | 18.8% | 12.9% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $66.9M | $67.3M | $67.9M | $71.9M | $70.8M | $72.0M | $75.1M | $78.3M |
| Gross profit | $49.7M | $49.6M | — | — | — | — | — | — |
| Operating income | $50.2M | $49.0M | $56.3M | $47.8M | $48.7M | $49.8M | $49.1M | $51.6M |
| Net income | $14.4M | $14.5M | $8.1M | $9.8M | $10.7M | $10.5M | $6.5M | $9.1M |
| Diluted EPS | $0.48 | $0.48 | $0.22 | $0.29 | $0.33 | $0.32 | $0.15 | $0.26 |
| Operating cash flow | $32.1M | $26.5M | $28.8M | $30.4M | $26.6M | $20.6M | $22.2M | $29.3M |
| Free cash flow | — | — | — | — | — | — | — | — |
| Gross margin | 74.2% | 73.6% | — | — | — | — | — | — |
| Operating margin | 75.0% | 72.8% | 82.9% | 66.5% | 68.7% | 69.1% | 65.4% | 66.0% |
| Net margin | 21.6% | 21.5% | 11.9% | 13.6% | 15.1% | 14.6% | 8.7% | 11.7% |
Company news
May 7, 2026
Feb 27, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-05-28 | Pearson David Todd· President & COO | Buy | 2,600 | $34.75 | $90,337.00 | filing |
| 2026-05-17 | Pearson David Todd· President & COO | Tax withholding | 1,205 | $33.00 | $39,765.00 | filing |
| 2026-05-17 | SAUL B FRANCIS II· Chairman & CEO | Award | 572 | $33.00 | $18,876.00 | filing |
| 2026-05-17 | Pearson David Todd· President & COO | Award | 341 | $33.00 | $11,253.00 | filing |
| 2026-05-17 | Guevara Bettina T.· Exec. VP /Chf Legal & Adm Off | Tax withholding | 179 | $33.00 | $5,907.00 | filing |
| 2026-05-17 | Lotuff Patricia Saul· Vice Chair | Tax withholding | 152 | $33.00 | $5,016.00 | filing |
| 2026-05-17 | Heard Carlos Lawrence· Senior Vice President & CFO | Tax withholding | 131 | $33.00 | $4,323.00 | filing |
| 2026-05-17 | Friedman Joel Albert· Exec VP, CAO & Treasurer | Tax withholding | 130 | $33.00 | $4,290.00 | filing |
| 2026-05-17 | COLLICH JOHN F· Sr. VP, Chief Acq. & Dev. Off. | Tax withholding | 98 | $33.00 | $3,234.00 | filing |
| 2026-05-17 | Friedlis Zachary Maxwell· Sr. VP-Director of Leasing | Tax withholding | 96 | $33.00 | $3,168.00 | filing |
| 2026-05-17 | Hachey Donald A· SVP-Chief Construction Officer | Tax withholding | 93 | $33.00 | $3,069.00 | filing |
| 2026-05-17 | Garland Judith K.· SVP, Office and Retail | Tax withholding | 71 | $33.00 | $2,343.00 | filing |
| 2026-05-17 | Guevara Bettina T.· Exec. VP /Chf Legal & Adm Off | Award | 45 | $33.00 | $1,485.00 | filing |
| 2026-05-17 | Friedman Joel Albert· Exec VP, CAO & Treasurer | Award | 40 | $33.00 | $1,320.00 | filing |
| 2026-05-17 | Heard Carlos Lawrence· Senior Vice President & CFO | Award | 40 | $33.00 | $1,320.00 | filing |
| 2026-05-17 | Lotuff Patricia Saul· Vice Chair | Award | 37 | $33.00 | $1,221.00 | filing |
| 2026-05-17 | Laycock Willoughby B.· SVP-Res. Design/Mrkt Research | Tax withholding | 35 | $33.00 | $1,155.00 | filing |
| 2026-05-17 | Godby Lori· Senior Vice Pres.-Residential | Tax withholding | 34 | $33.00 | $1,122.00 | filing |
| 2026-05-17 | Friedlis Zachary Maxwell· Sr. VP-Director of Leasing | Award | 31 | $33.00 | $1,023.00 | filing |
| 2026-05-17 | Hachey Donald A· SVP-Chief Construction Officer | Award | 31 | $33.00 | $1,023.00 | filing |
| 2026-05-17 | COLLICH JOHN F· Sr. VP, Chief Acq. & Dev. Off. | Award | 30 | $33.00 | $990.00 | filing |
| 2026-05-17 | Garland Judith K.· SVP, Office and Retail | Award | 19 | $33.00 | $627.00 | filing |
| 2026-05-17 | Laycock Willoughby B.· SVP-Res. Design/Mrkt Research | Award | 10 | $33.00 | $330.00 | filing |
| 2026-05-09 | Pearson David Todd· President & COO | Tax withholding | 1,206 | $35.19 | $42,439.14 | filing |
| 2026-05-09 | SAUL B FRANCIS II· Chairman & CEO | Award | 268 | $35.19 | $9,430.92 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.