Previous close | 36.72 |
Open | 36.96 |
Bid | 35.28 x 900 |
Ask | 41.46 x 1000 |
Day's range | 36.54 - 37.10 |
52-week range | 33.31 - 41.04 |
Volume | |
Avg. volume | 56,438 |
Market cap | 1.238B |
Beta (5Y monthly) | 1.06 |
PE ratio (TTM) | 21.32 |
EPS (TTM) | 1.73 |
Earnings date | 01 Aug 2024 - 05 Aug 2024 |
Forward dividend & yield | 2.36 (6.43%) |
Ex-dividend date | 12 Apr 2024 |
1y target est | 43.50 |
Robust Revenue and Net Income Growth Highlight Strong Quarter
BETHESDA, Md. (AP) — Saul Centers Inc. (BFS) on Thursday reported a key measure of profitability in its first quarter. The real estate investment trust, based in Bethesda, Maryland, said it had funds from operations of $27.5 million, or 80 cents per share, in the period. Funds from operations is a closely watched measure in the REIT industry.
Saul Centers, Inc. (NYSE: BFS), an equity real estate investment trust ("REIT"), announced operating results for the quarter ended March 31, 2024 ("2024 Quarter"). Total revenue for the 2024 Quarter increased to $66.7 million from $63.0 million for the quarter ended March 31, 2023 ("2023 Quarter"). Net income increased to $18.3 million for the 2024 Quarter from $17.7 million for the 2023 Quarter primarily due to (a) higher commercial base rent of $1.4 million and (b) higher residential base rent