Eye Catching Stock: Saul Centers (NYSE:BFS)

Saul Centers (NYSE:BFS) changed -0.31% to recent value of $54.3. The stock transacted 52013 shares during most recent day however it has an average volume of 53.41K shares. It spotted trading -7.16% off 52-week high price. On the other end, the stock has been noted 19.37% away from the low price over the last 52-weeks.

 On Sept. 19, 2019, Saul Centers (NYSE:BFS) has revealed a quarterly dividend of $0.53 per share on its common stock, to be paid on October 31, 2019, to holders of record on October 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 (b) its 6.125% Series D Cumulative Redeemable Preferred Stock, in the amount of $0.3828125 per depositary share and (c) its 6.000% Series E Cumulative Redeemable Preferred Stock, prorated from its September 17, 2019 issuance date, in the amount of $0.0583333 per depositary share. The preferred dividends will be paid on October 15, 2019, to holders of record on October 1, 2019.

On September 17, 2019, the Company called for the full redemption of its 6.875% Series C Cumulative Redeemable Preferred Stock, which will be redeemed for cash on October 17, 2019, at $25.00 per share, plus all accumulated and unpaid distributions to, but not including, the redemption date, for an aggregate redemption price of $25.07638 per depositary share.

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.

 BFS has a gross margin of 75.50% and an operating margin of 28.30% while its profit margin remained 17.20% for the last 12 months. 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%.

 The company has 22.86M of outstanding shares and 12.71M shares were floated in the market.  The price moved ahead of 4.76% from the mean of 20 days, 2.72% from mean of 50 days SMA and performed 1.92% from mean of 200 days price. Company’s performance for the week was 1.34%, 4.10% for month and YTD performance remained 14.99%.

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