Q3 2021 profit forecast for Saul Centers, Inc. issued by Capital One Financial (NYSE: BFS)

Saul Centers, Inc. (NYSE: BFS) – Analysts at Capital One Financial increased their earnings per share estimates for the third quarter of 2021 for Saul Centers in a report released on Sunday, October 31. Capital One Financial analyst C. Lucas now predicts the REIT will post earnings of $ 0.80 per share for the quarter, up from its previous estimate of $ 0.77. Capital One Financial also released estimates of Saul Centers’ fourth quarter 2021 earnings at $ 0.77 per share, year 2021 earnings at $ 3.07 per share, first quarter 2022 earnings at 0.78. $ per share, third quarter 2022 earnings at $ 0.80 per share, full year 2022 earnings at $ 3.15 per share, and second quarter 2023 earnings at $ 0.84 per share.

Separately, Zacks Investment Research upgraded Saul Centers from a “hold” rating to a “buy” rating and set a price target of $ 51.00 on the stock in a research report released on Tuesday 5 October.

BFS stock opened at $ 48.31 on Tuesday. The company has a debt to equity ratio of 3.29, a current ratio of 2.51, and a quick ratio of 2.51. The company has a market cap of $ 1.14 billion, a P / E ratio of 37.16 and a beta of 1.14. The company’s 50-day moving average is $ 45.44 and its two-hundred-day moving average is $ 44.86. Saul Centers has a one-year minimum at $ 24.09 and a one-year maximum at $ 48.49.

Hedge funds and other institutional investors have recently changed their holdings in the company. Marshall Wace North America LP acquired a new position in Saul Centers during the 1st quarter valued at approximately $ 47,000. O Shaughnessy Asset Management LLC purchased a new position in Saul Centers during the 2nd quarter valued at approximately $ 76,000. BNP Paribas Arbitrage SA increased its stake in Saul Centers by 50.0% during the second quarter. BNP Paribas Arbitrage SA now owns 4,390 shares of the property investment fund valued at $ 200,000 after purchasing 1,464 additional shares during the last quarter. Metropolitan Life Insurance Co NY increased its stake in Saul Centers by 93,440.0% during the 2nd quarter. Metropolitan Life Insurance Co NY now owns 4,677 real estate investment trust shares worth $ 213,000 after purchasing an additional 4,672 shares in the last quarter. Finally, Zebra Capital Management LLC acquired a new position in Saul Centers during the 1st quarter valued at approximately $ 218,000. 45.63% of the shares are currently held by institutional investors and hedge funds.

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The company also recently announced a quarterly dividend, which was paid on Friday, October 29. Shareholders of record on Friday October 15 received a dividend of $ 0.55 per share. This represents an annualized dividend of $ 2.20 and a dividend yield of 4.55%. The ex-dividend date of this dividend was Thursday, October 14. Saul Centers’ dividend payout ratio (DPR) is currently 76.39%.

Saul Centers Company Profile

Saul Centers, Inc is a real estate investment trust that deals with the ownership, management and development of income generating properties. It operates through the Shopping Centers and Mixed-Use Properties business segments. The shopping center segment includes community and neighborhood shopping centers that are anchored in supermarkets, discount department stores and drugstores.

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Historical and Profit Estimates for Saul Centers (NYSE: BFS)

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