Is It Time To Review Stock News? Saul Centers (NYSE:BFS)

Saul Centers (NYSE:BFS) spotted trading -7.45% off 52-week high price. On the other end, the stock has been noted 23.39% away from the low price over the last 52-weeks. The stock changed 3.24% to recent value of $56.13. The stock transacted 122465 shares during most recent day however it has an average volume of 48.29K shares. The company has 23.5M of outstanding shares and 12.51M shares were floated in the market.

On June 27, 2019, Saul Centers (NYSE:BFS) has declared a quarterly dividend of $0.53 per share on its common stock, to be paid on July 31, 2019, to holders of record on July 17, 2019. The common dividend is the same as the amount paid in the previous quarter, and represents a $0.01 per share (1.92%) increase over the amount paid in the prior year’s comparable quarter.

The Company also declared quarterly dividends on (a) its 6.875% Series C Cumulative Redeemable Preferred Stock in the amount of $0.4296875 per depositary share and (b) its 6.125% Series D Cumulative Redeemable Preferred Stock, in the amount of $0.3828125 per depositary share.  The preferred dividends will be paid on July 15, 2019, to holders of record on July 5, 2019.

Saul Centers is a self-managed, self-administered equity REIT headquartered in Bethesda, Maryland, which currently operates and manages a real estate portfolio of 60 properties which includes (a) 49 community and neighborhood shopping centers and seven mixed-use properties with approximately 9.3 million square feet of leasable area and (b) four land and development properties. Over 85% of the Saul Centers’ property operating income is generated by properties in the metropolitan Washington, DC/Baltimore area. Its earnings per share (EPS) expected to touch remained -1.60% for this year while earning per share for the next 5-years is expected to reach at 7.60%. BFS has a gross margin of 75.50% and an operating margin of 27.90% while its profit margin remained 17.10% for the last 12 months.

The price moved ahead of 1.04% from the mean of 20 days, 2.62% from mean of 50 days SMA and performed 5.89% from mean of 200 days price. Company’s performance for the week was 1.57%, 4.37% for month and YTD performance remained 18.87%.

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