Saul Centers (BFS) AI Stock Analysis

Saul Centers

(NYSE:BFS)

Select Model

Rating:60Neutral

Price Target:$31.00▲(5.80% Upside)

Action:reiterated

Date:08/07/26

BFS carries a moderate overall score, anchored by a compelling 6.93% dividend yield and robust operating cash flows. However, upside potential is currently capped by bearish technical trends, a heavily leveraged balance sheet, and a recent downward trajectory in net income.

Positive Factors

Recurring Rental IncomeSaul Centers is built around recurring contractual rent, reimbursements, and property-level income rather than transactional sales. This revenue model can provide visibility across the next several quarters, while leasing, renewals, and rent escalations support ongoing income from stabilized properties.

Negative Factors

High LeverageLarge debt relative to equity reduces financial flexibility and makes results more sensitive to property values, refinancing conditions, and operating disruptions. Even after leverage improved from 2025, the remaining debt burden can constrain investment capacity and increase the importance of steady property cash flow.

Saul Centers (BFS) vs. SPDR S&P 500 ETF (SPY)

Market Cap: $719.02M
Dividend Yield: 8.11%
Average Volume (3M): 127.44K
Price to Earnings (P/E): 20.3
Beta (1Y): 0.39
Revenue Growth: 8.98%
EPS Growth: -26.26%
Country: US
Employees: 156
Sector: Real Estate
Sector Strength: 65
Industry: REIT - Retail

Saul Centers Business Overview & Revenue Model

Company Description

Saul Centers, Inc. (BFS) is a self-managed and self-administered equity REIT, headquartered in Bethesda, Maryland. The company actively operates and oversees a real estate portfolio of 60 properties. This portfolio encompasses 50 community and neighb...

How the Company Makes Money

Saul Centers makes money primarily by collecting contractual rent and related income from tenants that lease space in its retail shopping centers and office buildings. The company’s key revenue streams generally include (1) base minimum rent under lo...

Saul Centers Financial Statement Overview

Summary

Presents a mixed financial profile with steady revenue and strong free cash flow generation, which is offset by contracting net profit margins and a highly leveraged balance sheet with declining stockholders' equity.

Income Statement

62Positive

Balance Sheet

45Neutral

Cash Flow

75Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	302.20M	291.56M	268.85M	257.21M	245.86M	239.22M
Gross Profit	224.35M	89.52M	196.79M	190.07M	181.34M	177.60M
EBITDA	180.31M	178.55M	171.90M	166.61M	156.39M	155.64M
Net Income	34.86M	37.51M	50.65M	52.69M	50.19M	48.39M
Balance Sheet
Total Assets	2.16B	2.16B	2.13B	1.99B	1.83B	1.75B
Cash, Cash Equivalents and Short-Term Investments	5.88M	8.74M	10.30M	8.41M	13.28M	14.59M
Total Debt	1.60B	1.60B	1.53B	1.39B	1.22B	1.14B
Total Liabilities	1.69B	1.69B	1.63B	1.49B	1.31B	1.22B
Stockholders Equity	295.91M	307.82M	335.75M	348.39M	400.48M	405.05M
Cash Flow
Free Cash Flow	86.82M	99.80M	121.22M	117.73M	140.16M	118.38M
Operating Cash Flow	102.88M	99.80M	121.22M	117.73M	121.15M	118.38M
Investing Cash Flow	-57.30M	-95.81M	-188.73M	-203.68M	-116.89M	-55.87M
Financing Cash Flow	-30.69M	-5.54M	69.40M	81.08M	-5.58M	-74.77M

Saul Centers Technical Analysis

Technical Analysis SentimentNegative

Last Price29.30

Price Trends

50DMA30.22Negative

100DMA32.50Negative

200DMA32.38Negative

Market Momentum

MACD-0.27Negative

RSI44.64Neutral

STOCH44.49Neutral

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 29.30 is above the 20-day moving average (MA) of 29.19, below the 50-day MA of 30.22, and below the 200-day MA of 32.38, indicating a bearish trend. The MACD of -0.27 indicates Negative momentum. The RSI at 44.64 is Neutral, neither overbought nor oversold. The STOCH value of 44.49 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BFS.

Saul Centers Risk Analysis

Saul Centers disclosed 16 risk factors in its most recent earnings report. Saul Centers reported the most risks in the "Finance & Corporate" category.

Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy

Latest Risks Added

0 New Risks

Saul Centers Peers Comparison

Overall Rating

UnderperformOutperform

Sector (65)

Financial Indicators

BFS against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FRT	76Outperform	$9.63B	21.78	13.38%	4.13%	7.77%	27.14%
KIM	76Outperform	$16.45B	22.29	7.27%	4.32%	3.13%	28.07%
REG	74Outperform	$13.66B	21.13	9.59%	4.05%	8.36%	38.21%
BRX	72Outperform	$8.94B	20.81	14.11%	4.22%	5.14%	27.80%
PECO	71Outperform	$5.48B	26.96	7.77%	3.38%	6.95%	118.56%
Sector *	65Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
BFS	60Neutral	$719.02M	20.34	11.41%	8.11%	8.98%	-26.26%

* Real Estate Sector Average

Performance Comparison

BFS and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
BFS	Saul Centers	29.09	1.52	5.52%
KIM	Kimco Realty Corp	24.52	5.08	26.13%
REG	Regency Centers Corp.	74.59	8.41	12.70%
FRT	Federal Realty Investment Trust	110.19	18.44	20.10%
BRX	Brixmor Property Group	29.14	4.07	16.24%
PECO	Phillips Edison & Company, Inc.	38.83	6.10	18.63%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 07, 2026

Saul Centers AI Stock Analysis