📊 BFS-PE Key Takeaways
Investment Thesis
Saul Centers demonstrates solid profitability with strong operating margins (67.4%) and revenue growth (7.8% YoY), but faces significant concerns with negative free cash flow (-$45.2M) and high leverage (1.52x Debt/Equity). The company's capital-intensive business model requires substantial reinvestment, creating a disconnect between accounting profitability and cash generation.
BFS-PE Strengths
- Strong operating margin of 67.4% indicates efficient property operations and rental income collection
- Revenue growth of 7.8% YoY demonstrates resilient occupancy and pricing power in the REIT portfolio
- Net income growth of 42.5% YoY shows improving profitability despite operational challenges
- Solid ROE of 12.2% reflects reasonable returns on equity base
BFS-PE Risks
- Negative free cash flow of -$45.2M indicates capital expenditures ($145.0M) substantially exceed operating cash generation, raising sustainability concerns
- High leverage with Debt/Equity ratio of 1.52x limits financial flexibility and increases refinancing risk
- Weak interest coverage of 2.8x provides limited cushion for debt service if property operations deteriorate
- Low cash position ($8.7M) relative to total debt ($468.4M) creates liquidity vulnerability
- Diluted EPS decline of 33.1% YoY despite net income growth indicates significant share dilution or reduced per-share economics
Key Metrics to Watch
- Free cash flow trend and EBITDA to debt service coverage ratios
- Tenant occupancy rates, same-store rental growth, and lease renewal terms
- Capital expenditure requirements and potential for reduction to approach operating cash flow levels
- Debt refinancing schedule and interest rate environment impact on leverage ratios
BFS-PE Financial Metrics
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
BFS-PE Profitability Ratios
BFS-PE vs Default Sector
How SAUL CENTERS, INC. compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
BFS-PE Balance Sheet & Liquidity
BFS-PE 5-Year Financial Trend
5-Year Trend Summary: SAUL CENTERS, INC.'s revenue has grown significantly by 21% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.73 reflects profitable operations.
BFS-PE Growth Metrics (YoY)
BFS-PE Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $67.3M | $10.5M | $0.32 |
| Q2 2025 | $66.9M | $10.7M | $0.33 |
| Q1 2025 | $66.7M | $9.8M | $0.29 |
| Q3 2024 | $63.8M | $12.8M | $0.42 |
| Q2 2024 | $63.7M | $13.2M | $0.43 |
| Q1 2024 | $63.0M | $13.5M | $0.45 |
| Q3 2023 | $61.1M | $12.0M | $0.38 |
| Q2 2023 | $60.3M | $13.0M | $0.43 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
BFS-PE Capital Allocation
BFS-PE SEC Filings
Access official SEC EDGAR filings for SAUL CENTERS, INC. (CIK: 0000907254)
📋 Recent SEC Filings
| Date | Form | Document | Action |
|---|---|---|---|
| Mar 12, 2026 | 4 | xslF345X05/wk-form4_1773350689.xml | View → |
| Mar 12, 2026 | 4 | xslF345X05/wk-form4_1773350682.xml | View → |
| Mar 12, 2026 | 4 | xslF345X05/wk-form4_1773350674.xml | View → |
| Mar 12, 2026 | 4 | xslF345X05/wk-form4_1773350668.xml | View → |
| Mar 12, 2026 | 4 | xslF345X05/wk-form4_1773350660.xml | View → |
❓ Frequently Asked Questions about BFS-PE
What is the AI rating for BFS-PE?
SAUL CENTERS, INC. (BFS-PE) has an AI rating of HOLD with 62% confidence, based on fundamental analysis of SEC EDGAR filings.
What are BFS-PE's key strengths?
Strong operating margin of 67.4% indicates efficient property operations and rental income collection. Revenue growth of 7.8% YoY demonstrates resilient occupancy and pricing power in the REIT portfolio.
What are the risks of investing in BFS-PE?
Negative free cash flow of -$45.2M indicates capital expenditures ($145.0M) substantially exceed operating cash generation, raising sustainability concerns. High leverage with Debt/Equity ratio of 1.52x limits financial flexibility and increases refinancing risk.
What is BFS-PE's revenue and growth?
SAUL CENTERS, INC. reported revenue of $289.8M.
Does BFS-PE pay dividends?
SAUL CENTERS, INC. pays dividends, with $57.1M distributed to shareholders in the trailing twelve months.
Where can I find BFS-PE SEC filings?
Official SEC filings for SAUL CENTERS, INC. (CIK: 0000907254) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is BFS-PE's EPS?
SAUL CENTERS, INC. has a diluted EPS of $1.09.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.