Saul Centers (BFS) AI Stock Analysis

• Market Cap: $797.90M
• Dividend Yield: 7.19%
• Average Volume (3M): 53.98K
• Price to Earnings (P/E): 20.2
• Beta (1Y): 0.58
• Revenue Growth: 4.64%
• EPS Growth: -5.26%
• Country: US
• Employees: 141
• Sector: Real Estate
• Sector Strength: 81
• Industry: REIT - Retail
• EPS (TTM): 0.29
• Shares Outstanding: 24,200,794
• 10 Day Avg. Volume: 45,665
• 30 Day Avg. Volume: 53,977
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 3.54
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: 11.83
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $47.00
• Price Target Upside: 42.90% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

Saul Centers demonstrates strong financial capability with notable revenue growth and efficient operations. However, the high leverage and recent decline in net income pose financial flexibility risks. Technical analysis indicates bearish sentiment, with the stock trading below key moving averages and indicators showing potential oversold conditions. Valuation concerns are mitigated by a high dividend yield, appealing to income-focused investors.

Saul Centers Business Overview & Revenue Model

Company Description

Saul Centers, Inc. (BFS) is a real estate investment trust (REIT) that focuses on the ownership, management, and development of income-producing properties. The company's portfolio primarily consists of shopping centers and mixed-use developments predominantly located in the metropolitan Washington, D.C./Baltimore area. Saul Centers aims to create value through strategic property acquisitions, developments, and property management to generate sustainable income and growth for its stakeholders.

How the Company Makes Money

Saul Centers makes money primarily through the leasing of its retail and commercial properties. The company's key revenue streams include rental income from tenants leasing space in its shopping centers and mixed-use properties. These leases often include base rent, percentage rent, and recoverable expenses such as property taxes and maintenance costs. Additionally, Saul Centers may earn income from property management fees and development projects. The company's earnings are influenced by factors such as property occupancy rates, lease terms, tenant credit quality, and the overall economic conditions in the regions where its properties are located.

Saul Centers Financial Statement Overview

Summary

Saul Centers shows solid financial performance with revenue growth and efficient operations. The high debt-to-equity ratio is a concern, potentially impacting financial flexibility. Cash flows are robust, indicating effective cash management.

Income Statement

Saul Centers has shown consistent revenue growth with a 4.54% increase from 2023 to 2024. The gross profit margin is robust, reflecting operational efficiency, and the net profit margin of 18.84% in 2024 suggests solid profitability. However, the decline in net income from 2023 to 2024 indicates potential cost pressures impacting the bottom line. EBIT and EBITDA margins are strong, further highlighting efficient operations.

Balance Sheet

The balance sheet displays a high debt-to-equity ratio of 3.12 in 2024, indicating significant leverage, which could pose risks in adverse market conditions. However, the equity ratio of 15.79% suggests a stable asset base supported by equity. Return on equity has decreased to 15.08% in 2024 from the previous year, reflecting challenges in generating returns on shareholders' equity.

Cash Flow

Saul Centers demonstrates strong cash flow management with consistent free cash flow, maintaining growth over the years. The operating cash flow to net income ratio indicates strong cash generation capabilities relative to net income. The free cash flow to net income ratio also reflects efficient cash conversion. However, the high level of debt could strain cash flows in the future.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
268.85M	257.21M	245.86M	239.22M	225.21M
	Gross Profit
238.50M	190.07M	181.34M	177.60M	166.79M
	EBIT
213.44M	166.61M	65.39M	107.07M	95.13M
	EBITDA
169.71M	166.61M	109.98M	107.07M	146.25M
	Net Income Common Stockholders
50.65M	52.69M	94.13M	2.96M	-4.71M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
10.30M	8.41M	13.28M	14.59M	26.86M
	Total Assets
2.13B	1.99B	1.83B	1.75B	1.65B
	Total Debt
1.05B	1.39B	1.22B	1.14B	1.15B
	Net Debt
1.04B	1.38B	1.21B	1.13B	1.12B
	Total Liabilities
1.63B	1.49B	1.31B	1.22B	1.22B
	Stockholders Equity
335.75M	348.39M	400.48M	405.05M	364.32M
Cash Flow		Free Cash Flow
121.22M	117.73M	140.16M	118.38M	134.55M
	Operating Cash Flow
121.22M	117.73M	121.15M	118.38M	78.38M
	Investing Cash Flow
-188.73M	-203.68M	-116.89M	-55.87M	-56.17M
	Financing Cash Flow
69.40M	81.08M	-5.58M	-74.77M	-9.26M

Saul Centers Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 32.89
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BFS, the sentiment is Neutral. The current price of 32.89 is above the 20-day moving average (MA) of 32.85, below the 50-day MA of 34.20, and below the 200-day MA of 36.88, indicating a neutral trend. The MACD of -0.30 indicates Negative momentum. The RSI at 47.12 is Neutral, neither overbought nor oversold. The STOCH value of 61.29 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for BFS.

Saul Centers Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SITC	72 Outperform	$623.57M	1.22	42.15%	9.85%	-42.71%	152.66%
NTST	71 Outperform	$1.32B	―	-0.88%	5.22%	21.91%	-257.05%
WSR	70 Outperform	$1.29B	20.80	7.33%	4.03%	4.39%	24.45%
AKR	67 Neutral	$2.56B	116.97	0.92%	3.92%	2.62%	84.20%
BFS	63 Neutral	$797.90M	20.17	14.81%	7.19%	4.64%	-5.26%
CBL	60 Neutral	$744.31M	11.24	21.87%	6.57%	0.03%	1997.67%
Sector *	60 Neutral	$2.81B	11.31	0.21%	8508.38%	6.19%	-15.39%